Tag: financial news

Finance

Stocks rally as investors shake off ‘hawkish’ Fed: Stock market news today

Stocks rallied on Thursday after a muted opening on the heels of the Federal Reserve’s “hawkish hold” on Wednesday, which suggested more rate hikes are likely later this year while rate cuts in 2023 are now off the table.

At the closing bell, the S&P 500 (^GSPC) was up about 1.2%, while the Dow Jones Industrial Average (^DJI) added 400 points, or 1.2%. The technology-heavy Nasdaq Composite (^IXIC) climbed roughly 1.1%.

Early Thursday, data showed retail sales in May were stronger than expected in the US. Investors were also digesting news from the European Central Bank, further raising rates as

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Finance

Canada’s wildfires are a reminder that climate warriors are all wrong

Environmentalism that’s all passion and no reason does no good for anyone — or even for the environment.

One sign of how unhinged greens have gotten is the rush to blame climate change for the Canadian wildfires that blanketed the Northeast with smoke and toxic air last week.

City Comptroller Brad Lander called the fires “a smoke signal that it’s time to stop” financing “fossil fuel” projects, while Rep. Alexandria Ocasio-Cortez cited the smoke (and a Puerto Rican heatwave) to demand we “adapt our food systems, energy grids, infrastructure, healthcare, etc. SMOKE.”

Yet there’s zero evidence of climate change sparked

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Finance

Financials Lead US Stock Gains; Bonds Slide: Markets Wrap

(Bloomberg) — US stocks gained Tuesday as a rotation into financial shares bolstered hopes the breadth of the S&P 500’s recent rally might extend beyond technology soon.

Most Read from Bloomberg

The benchmark index rose 0.2% as a decline in Apple Inc.’s stock took the air out of a tech rally, but shares of beaten-down regional banks were higher. The KBW Regional Bank index added 5.4% while the Russell 2000 gained 2.7%.

“It’s too early to say if this is bottom-fishing or a real bet that the most economically sensitive stocks — many of which are unprofitable — are the

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Finance

Congestive Heart Failure: Excessive Sodium Restriction is Dangerous

June 1, 2023 · 7:00 AM

From DailyMail:

Salt has long been seen as enemy number one for people with heart problems, with doctors telling patients to cut down on the amount of sodium they consume.

But new research suggests that restricting salt too much may actually raise the risk of an early death in heart failure patients.

Their work builds upon a growing body of research that posits the benefits of cutting out salt to this subset of patients may be overblown.

And the findings could mean a more exciting diet for more than six million Americans with heart

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Finance

Ottawa picks three managers for a $400-million social finance fund

Open this photo in gallery:

Karina Gould, Minister of Families, Children and Social Development, is set to announce financing for social enterprises, non-profits, charities and co‑operatives that focus on solving specific societal problems and have experienced experienced difficulty accessing capital through conventional channels.Adrian Wyld/The Canadian Press

Ottawa has chosen three investment groups to manage a new $400-million fund aimed at expanding the country’s social finance market and attracting more private-sector capital to invest alongside.

Karina Gould, Minister of Families, Children and Social Development, is announcing on Monday that the managers will offer financing to social enterprises, non-profits, charities and

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Finance

The Dementia/Fructose Link | Diabetic Mediterranean Diet

May 28, 2023 12:59 PM

MRI scan of brain

Colorado researchers theorize that fructose metabolism may be the driving force behind Alzheimer’s Disease pathology. Diets high in sugar and high glycemic index carbohydrates would exacerbate the problem. Salt may also play a role. Fructose is a simple sugar (a monosaccharide) typically found in fruit, honey, and some vegetables. Table sugar is sucrose, a combination of fructose and a glucose molecule. High-fructose corn syrup (HFCS) is added to many processed foods as a bulk sweetener. From the article linked above:

An ancient human foraging instinct, fueled by fructose production in the

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Finance

Province banks on BC company to deliver financial literacy lessons in Manitoba high school pilot

5 min read

The provincial government is banking on a new partnership with a BC-based company that will deliver virtual financial literacy programming to Manitoba classrooms next year.

Education and Early Childhood Learning Minister Wayne Ewasko announced Thursday the province has awarded a contract to Enriched Academy to pilot a suite of financial literacy courses for Manitoba students next school year.

Ewasko stressed teaching more financial skills in the kindergarten-to-Grade-12 system was “increasingly relevant” in light of “uncertain interest rates, inflation and supply chain issues,” according to a news release.

Kevin McCarthy, head of corporations and institutions with Enriched Academy, said the pilot

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Finance

Recipe: Peggy’s Indian Cabbage | Diabetic Mediterranean Diet

May 20, 2023 · 8:10 AM

From Peggy at Buttoni’s Low-Carb Recipes:

If you think you don’t like cabbage (like my husband) you have GOT to try this recipe! You’ll swear you don’t eat cabbage!! No cabbage odor or strong taste whatsoever to this dish! It is a delightfully crunchy side dish with grilled Tandoori Chicken or pork chops! I order my nigella seeds (black onion seeds or how about seed) on-line, but you may be lucky to have a spice supplier where you live. I would not recommend omitting them, as you will miss out on a flavor layer

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