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When stock markets are as manic as they’ve been recently, it’s natural to want to do something to protect your retirement savings. Historically, though, staying calm has usually been best.
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Bumble shares jumped more than ​40% in early trading ​on Thursday after the company posted upbeat fourth-quarter revenue and ​unveiled an AI-driven overhaul of its apps to lure back younger users.
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Securities and Exchange Board of India has proposed simplifying transmission of securities to heirs by raising documentation thresholds, introducing straight-through processing for small claims and standardising procedures, aiming to reduce paperwork and speed up asset transfer for families of deceased investors.
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The U.S. Federal Reserve will cut interest rates for the first time this year ​in June, according to economists polled by Reuters who ​are clinging to their views despite the risk that disruption of energy markets resulting from the U.S.-Israeli war ​on Iran boosts already-elevated inflation.
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Wall ​Street’s ​main indexes opened lower ​on Thursday as oil prices surged ‌to ⁠nearly $100 ⁠a barrel, fanning ​inflation worries and forcing ​traders to dial back expectations of ​U.S. ⁠interest rate ‌cuts.
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