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Bursa marginally lower at midday after volatile trading

June 23, 2022 by www.theedgemarkets.com

- A + A KUALA LUMPUR (June 23): Bursa Malaysia ended the morning session marginally lower amid volatile trading, dragged down by losses in Petronas Chemicals Group Bhd and Malayan Banking Bhd (Maybank), a dealer said. At lunch break on Thursday (June 23), the FBM KLCI had eased 0.54 of a point to 1,430.56 from Wednesday's close at 1,431.10. The benchmark index, which opened 3.40 points firmer at 1,434.50, moved between 1,427.78 and 1,441.47 throughout the morning session. On the broader market, losers led gainers 447 to 275, while 388 counters were unchanged, 1,156  untraded and nine others suspended. Turnover stood at 1.4 billion units worth RM716.55 million. In a note, Malacca Securities Sdn Bhd said pervasive fears of a recession were rippling through the markets. “Sentiments would remain negative as investors mull US Federal Reserve chair Jerome Powell's testimony on the commitment to interest rate hikes to tame inflation, while at the same time keeping … [Read more...] about Bursa marginally lower at midday after volatile trading

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The Best Point-And-Shoot Cameras Capture Amazing Photos With Ease

June 21, 2022 by www.forbes.com

Share to Twitter Share to Linkedin The best point-and-shoot cameras in 2022 have their advantages—particularly for capturing great-looking images on the go. The cameras built into the latest smartphones (including the Apple iPhone 13 Pro Max , Google Pixel 6 Pro or the Samsung Galaxy S22 Ultra ) can produce images that rival those from point-and-shoot cameras. But standalone point-and-shoot cameras remain a strong choice for amateur, enthusiast and professional photographers alike. These cameras are typically small in size and weight compared with their larger mirrorless or digital SLR cousins. Some have ruggedized designs or extra-long zoom lenses. All offer an Auto mode, which means you simply frame shots using the viewfinder or rear display and then press the shutter button to snap a photo. Most also offer specialty photo preset modes for use in specific situations. All can shoot at least high-definition video, and many can shoot 4K or higher resolution … [Read more...] about The Best Point-And-Shoot Cameras Capture Amazing Photos With Ease

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Americans Are Suffering Record Pain At The Pump. Will Congress Provide Electric Vehicle Relief?

June 21, 2022 by www.forbes.com

Share to Twitter Share to Linkedin Drivers across the United States are suffering unprecedented pain at the pump, with national average prices spiking above $5 per gallon . Fortunately an inflation-busting option is ready to go – modeling shows electric vehicles save drivers thousands per year compared to internal combustion engines in most states. But these consumer-protection economics hinge upon the U.S. Senate passing legislation that has languished for months after passing the House of Representatives. The existing $7,500 federal EV tax credit cap of 200,000 vehicles sold has been surpassed by GM and Tesla TSLA while Ford, Nissan, and Toyota will likely exceed it this year. Without those extremely valuable incentives, EVs and billions in annual savings will slip out of reach for many families. If the Senate passes reconciliation legislation extending the EV tax credit cap for automakers and increases the federal tax credit to $10,000, it will … [Read more...] about Americans Are Suffering Record Pain At The Pump. Will Congress Provide Electric Vehicle Relief?

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Struggling to Pay Your Bills Lowers Your IQ By 13 Points, Research Finds

April 9, 2019 by www.inc.com

We tend to think of people's IQs as fixed, and indeed science shows your general mental horsepower is pretty fixed over time. But you can drive that engine at its maximum speed or you can let it sputter along in disrepair. We can abuse our bodies and brains into performing at less than their best , including one major influence on intelligence that often goes overlooked. How broke you are and how broke you expect to be in the future has a giant effect on your IQ. How to lower your IQ by 13 points As entrepreneur turned 2020 presidential hopeful Andrew Yang points out in a short but fascinating recent Big Think video , studies show not being able to pay your bills is horrible for your cognitive performance. Whether scientists measured the IQ of the same farmers in the stressful pre-harvest period or after their crops went to market or just asked volunteers to imagine they had a bill they couldn't pay, being insecure about your finances had a dramatic effect on IQ … [Read more...] about Struggling to Pay Your Bills Lowers Your IQ By 13 Points, Research Finds

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Wall Street ends lower after Powell remarks, as energy shares drag

June 23, 2022 by www.theedgemarkets.com

- A + A (June 23): Wall Street's main indexes ended with slim losses on Wednesday after choppy trading as energy shares weighed and investors digested Federal Reserve Chair Jerome Powell's comments on the central bank's aim to bring down inflation. After opening lower, major US indexes had erased losses following Powell's testimony before a Senate committee, but then they faded into the close. Powell said the Fed is "strongly committed" to bringing down inflation that is running at a 40-year high while policymakers are not trying to cause a recession in the process. Investors are trying to assess how far stocks could fall as they weigh risks to the economy with the Fed hiking rates to tamp down surging inflation. The S&P 500 earlier this month fell over 20% from its January all-time high, confirming the common definition of a bear market, with the benchmark index last week logging its biggest weekly percentage drop since March 2020. “Markets continue to be … [Read more...] about Wall Street ends lower after Powell remarks, as energy shares drag

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Bruised US stock investors brace for more pain in 2H22

June 25, 2022 by www.theedgemarkets.com

- A + A NEW YORK (June 25): With US stocks on track to mark their worst first half of the year in more than 50 years, investors are studying a range of metrics to determine whether the coming months could bring relief or more of the same. By any stretch, the first half of 2022 (1H22) has been a challenging one for investors. The S&P 500 is down around 18% year-to-date, on track for its worst first half of any year since 1970, according to S&P Dow Jones Indices, as the US Federal Reserve (Fed) tightens monetary policy in its fight against the highest inflation in decades. Bonds, which investors typically count on to counterbalance stock declines in their portfolios, have fared little better: The US bond market, as measured by the Vanguard Total Bond Market Index fund, is down 10.8% for the year to date, putting it on pace for its worst performance in modern history. With investor expectations fluctuating between continued high inflation and an economic … [Read more...] about Bruised US stock investors brace for more pain in 2H22

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The 2020 Presidential Candidates’ Proposals On Lowering College Costs

April 25, 2019 by www.forbes.com

Share to Twitter Share to Linkedin If you’re struggling to figure out who to vote for in the presidential primaries next year, you’re not alone. With so many contenders (at least on the Democratic side), let's look at what plans do the candidates have to keep college costs down. Not every candidate has taken a clear position yet, but we read the tea leaves a little bit on the main Republican and Democratic candidates. This is different from the proposals to tackle the student loan debt crisis, which you can read here: 2020 Presidential Candidates' Proposals On Student Loan Debt . Instead, this article is specific to proposals around lowering the ballooning cost of higher education. Photo Credit: Getty Getty Republican: Donald Trump In general, Republicans don’t believe the government (federal or state) should have much of a role in funding public higher education, and see responsibility for costs as falling entirely on the … [Read more...] about The 2020 Presidential Candidates’ Proposals On Lowering College Costs

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Equities trade lower as investor optimism fades

June 22, 2022 by www.thestar.com.my

KUALA LUMPUR: The FBM KLCI slipped in morning trade in tandem with regional markets as the optimism seen on Wall Street overnight faded amid concerns over persistent inflation. At 12.30pm, the key index was down 10.72 points to 1,447.16. The market turned negative with 489 decliners compared with 276 gainers. Trading volume was 1.52 billion shares valued at RM775.13mil. Bule chips were mostly lower with Sime Darby Plantation dropping 14 sen to RM4.28 and IHH sliding nine sen to RM6.40. Bank stocks continued their retreat led by CIMB shaving six sen to RM4.90, Hong Leong Bank falling 28 sen to RM20.62, Maybank sliding two sen to RM8.63 and Public Bank dropping two sen to RM4.45. Brent crude futures dove 3.37% to US$110.79 a barrel as worries over an impending recession took a bit out of investor appetite. Oil and gas counters on Bursa Malaysia followed suit, losing 1.1% in morning trade. Notable laggards were Petron Malaysia losing 17 sen to RM5.66 and Hengyuan … [Read more...] about Equities trade lower as investor optimism fades

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14 Tech Leaders Share Essential Data Points They Consider When Determining Sprint Priorities

June 22, 2022 by www.forbes.com

Share to Twitter Share to Linkedin Determining priorities for future sprints is one of the most challenging tasks tech leaders undertake—and it’s one they have to engage in over and over again. A tech team serves many stakeholders, and all of them believe that their priorities should drive yours. But everyone can’t be “the” winner. Additionally, your company and team often have multiple goals; deciding which are the most important can’t be done lightly. It’s essential to review multiple data points and establish priorities that represent the best-possible, most impactful outcomes for your customers, your company and your team. Below, 14 seasoned tech leaders from Forbes Technology Council share the data points that factor into their decision making and help them determine priorities in future sprints. These may not be the only data points you need to consider when establishing priorities for your team’s unique workload, but they’re a strong place to start. … [Read more...] about 14 Tech Leaders Share Essential Data Points They Consider When Determining Sprint Priorities

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Dow Jumps 800 Points, Stocks Snap Three-Week Losing Streak After Inflation Expectations Ease

June 24, 2022 by www.forbes.com

Share to Twitter Share to Linkedin Topline The stock market rebounded strongly on Friday, posting its first positive week this month as recession fears subsided somewhat thanks to positive economic data suggesting that inflation may have peaked, while some experts expressed optimism about the health of the economy. Key Facts Stocks snapped a three-week losing streak on Friday: The Dow Jones Industrial Average rose 2.7%, over 800 points, while the S&P 500 jumped 3.1% and the tech-heavy Nasdaq Composite 3.3%. Markets got a boost after the latest consumer sentiment survey from the University of Michigan showed that inflation expectations eased slightly in June, rising 5.3% compared to a year ago—but lower than the 5.4% expected. Investors also cheered optimistic remarks about the economy from St. Louis Federal Reserve President James Bullard, who said that recession fears are “overblown” and consumer spending remains strong. Stocks … [Read more...] about Dow Jumps 800 Points, Stocks Snap Three-Week Losing Streak After Inflation Expectations Ease

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