Category: Finance

The 2023 investment narrative is already diverging from 2022

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 am ET. Subscribe

Thursday, January 19, 2023

Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. Read this and more market news on the go with the Yahoo Finance App.

Despite Wednesday’s losses in the major US indexes, stocks are flying out of the gate in 2023.

The Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) are having their best start to a year since

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Tuition increases discussed by the BOG Committee on Budget and Finance

Several UNC professional school programs will undergo significant tuition increases for the 2023-2024 academic year, according to the proposals presented to the UNC Board of Governors Committee on Budget and Finance Wednesday morning.

The committee reviewed proposals for capital improvement projects and next year’s tuition and fees.

What’s new?

  • UNC System Senior Vice President for Finance and Chief Financial Officer Jennifer Haygood presented the proposed tuition and fee increases across System institutions.
    • UNC has proposed significant tuition increases for professional school programs for the upcoming academic year.
      • The largest jump is a $10,000 increase for both resident and nonresident graduate
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Incoming Scotiabank CEO sees room to refine international operations

Returns from the bank’s international strategy haven’t matched the risks, Scott Thomson says

Birds fly past the Bank of Nova Scotia's headquarters in Toronto.
Birds fly past the Bank of Nova Scotia’s headquarters in Toronto. Photo by Cole Burston/Bloomberg

Incoming Bank of Nova Scotia chief executive Scott Thomson says returns from the bank’s international strategy have not matched the risks and that he sees an opportunity to refine the business line going forward.

“We deployed a lot of capital into the international markets over the last 10 years,

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Is The Bank of New York Mellon (BK) Outperforming Other Finance Stocks This Year?

For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Is The Bank of New York Mellon Corporation (BK) one of those stocks right now? By taking a look at the stock’s year-to-date performance in comparison to its Finance peers, we might be able to answer that question.

The Bank of New York Mellon Corporation is a member of the Finance sector. This group includes 871 individual stocks and currently holds a Zacks Sector Rank of #9. The Zacks Sector Rank includes 16 different groups and is

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A net-zero world could generate $10.3 trillion by 2050, new report finds

The green transition could spur huge economic gains as the world looks to curb climate change, a new report finds.

A study from Oxford Economics and Arup estimated that green industries could add $10.3 trillion to the world’s economy — or 5.2% of global GDP — by 2050 under a net-zero scenario.

The report made the case that governments and businesses, under increasing pressure from costly climate-related weather events, may begin to see a rapid transition away from fossil fuels as a net positive as well as a way to avoid climate disruptions.

“Fear is a compelling reason to act

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How to Saute without Oil (Dry Saute – NOT in water)

How to Saute Onions without oil

The consumption of oil is associated with a number of diseases, including diabetes, heart disease, cancer, gallbladder disease, and arthritis. But how do you saute without oil?

No water! No broth!

I’ve seen many suggestions/recipes for sauteing in a little water or vegetable broth instead of oil, but (in my opinion) that method just doesn’t do it. The onions taste steamed, not sauteed.

Here’s a method that enables you to brown onions deliciously – without dropping oil. We call this dry saute.

How-to-Saute-without-Oil

How to Saute without Oil

1.Choose the right size pan.

You don’t want to crowd the onions, so

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How Serious Are Sam Bankman-Fried’s Alleged Campaign-Finance Violations?

In late November, Sam Bankman-Fried, the co-founder of the cryptocurrency exchange FTX and the trading firm Alameda Research, gave one of his first interviews since FTX filed for bankruptcy protection. He made some remarkably unguarded comments, indicating that the political implications of his actions might be much broader than previously thought. In recent years, Bankman-Fried had become one of the Democratic Party’s most prominent donors: during the last election cycle alone, he gave a reported forty million dollars to campaigns and political groups that were mostly Democratic. This past spring, he said that he could potentially spend between a hundred

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Gaetz says Santos ‘will have to go through the congressional ethics process,’ but shouldn’t be shunned

Rep. Matt Gaetz (R-Fla.) said on Saturday that Rep. George Santos (RN. Y.) will have to face the congressional ethics process over fabrications about his background and questions about his finances, but shouldn’t be “subject to shunning” by his fellow members of Congress.

“George Santos represents over 700,000 people in New York,” Gaetz told CNN’s Michael Smerconish. “And whether people like that or not, those people deserve to have members of Congress collaborating with the person who serves them.”

Gaetz added that he doesn’t want to judge Santos before the congressional ethics process has run its course.

“I think he

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