Author: prosperplanetpulse.com
Over the long term, Wall Street has proven to be a true wealth creator. Other asset classes, such as bonds and homes, have enriched investors, but none have come close to the average annual returns that stocks have generated for over a century. Wall Street is currently experiencing a bull market again. Since the green flag was waved in early 2023, Dow Jones Industrial Average (^DJI -0.12%)standard S&P 500 (^GSPC -0.41%)and driving growth Nasdaq Composite Index (^IXIC -0.71%) As of the closing price on June 27, 2024, these have increased by 18%, 43%, and 71%, respectively. Image source: Getty Images.…
Over the long term, Wall Street has proven to be a true wealth creator. Other asset classes, such as bonds and homes, have enriched investors, but none have come close to the average annual returns that stocks have generated for over a century.Wall Street is currently experiencing a bull market again. Since the green flag was waved in early 2023, Dow Jones Industrial Average (DJINDICES: ^DJI)standard S&P 500 (SNPINDEX: ^GSPC)and driving growth Nasdaq Composite Index (NASDAQINDEX: ^IXIC) As of the closing price on June 27, 2024, these have increased by 18%, 43%, and 71%, respectively.Image source: Getty Images.But if there’s…
Greg Davies, head of behavioural science at Oxford Risk, said: “The winners in financial services will be the companies that best engage with their customers and help them achieve better outcomes.” “The combination of behavioral finance, data science and AI technologies creates an exciting combination that can make this happen at scale and in a more personalized way than ever before. Behavioral engagement technology can help us all make better financial decisions.”In this way, behavioral engagement technologies can help mitigate the costs of being human, especially when it comes to disinvestment.For example, thanks to behavioral engagement technology, an investor who…
Thanks to Hannah LaClaire for pointing out the rising cost of homeowners insurance in Maine. This issue is not unique, as Massachusetts is also facing similarly significant increases. One key point that is often overlooked is the insurance industry’s heavy investment in fossil fuels, the sector that is driving the need for higher insurance rates. As of the end of 2021, major insurance companies had $582 billion invested in fossil fuel companies, including a staggeringly large investment in the worst of them all: coal. What does this mean? Are insurance companies investing so that they can raise prices in the…
Stock and bond markets closed early on Wednesday and are closed on Thursday for Independence Day. Labor market data will be the focus this week.On Tuesday, the Bureau of Labor Statistics will release its Job Openings and Labor Force Turnover Survey, which estimates job openings will hit 7.9 million on the last business day of May, down about 150,000 from April. The BLS then releases its June jobs report on Friday. The consensus forecast is for nonfarm payrolls to have risen by 195,000 after the U.S. economy added 272,000 jobs in May. The unemployment rate is projected to remain at…
Stock markets are closed on public holidays and weekends. Both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will be closed for nine days, including weekends, in July. Here is the list of holidays in July so investors can decide accordingly. Stock Market Holiday List:July 6, 2024: Saturday, weekend July 7, 2024: Sunday, weekend July 13, 2024: Saturday, weekend July 14, 2024: Sunday, weekend July 17, 2024: Wednesday, Moharram July 20, 2024: Saturday, weekend July 21, 2024: Sunday, weekend July 27, 2024: Saturday, weekend July 28, 2024: Sunday, weekend The Bombay Stock Exchange (BSE) closed at Rs…
Blinkit, an online grocery delivery platform, has won hearts on social media after its small gestures caught the attention of its customers: A customer who ordered goods from a hospital noticed that once Blinkit knew his location, the company sent him and his family a heartfelt congratulatory message. Blinkit sends a healthy message to its customers. (LinkedIn/@PrabhatMotwani) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} “A little touch from Blinkit has made my day. While I was placing an order from the hospital, the following message appeared on the Blinkit UI: ‘Your order is from the hospital. Heartfelt congratulations to you and your loved…
As a startup founder, staying up to date on the latest trends, best practices, and more is crucial. But if you don’t have much time to read, but still want to learn more about the startup world and its leaders, podcasts are a great option. Podcasts have become extremely popular over the last few years and are a treasure trove of high-value content. Isn’t it always great to get some inspiration and a fresh perspective? But how do you get started? With so many options to choose from, what’s the best one to listen to? Don’t worry, we’ve collected the…
If you’ve doom-scrolled through any social media app in the past year, you must have come across a few Delhi residents who have gone viral for one reason or another. Maybe it was because they were bindass dancers in public or maybe they started an unconventional business venture. Some have become social media sensations overnight thanks to their viral videos. They have received equal amounts of fame and flak from the masses, but will they be able to sustain it? On Social Media Day (June 30), we bring you the latest updates on NCR residents who have gone viral in…
Michael Bomer, a terminal colon cancer patient, listens to an AI-generated voice of himself during an interview with The Associated Press at his home in Berlin, Germany, Wednesday, May 22, 2024. With only weeks left to live, Bomer worked with a friend who runs an AI-powered legacy platform called Eternos to create “a comprehensive, interactive AI version of himself that will allow his relatives to connect with his life experiences and insights” after his death.BERLIN — When Michael Bommer learned he had terminal colon cancer, he spent a lot of time with his wife, Annette, talking about what would happen…