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Reuters Millennials represent the fastest-growing segment of the exchange-traded fund market, according to a survey conducted by BlackRock’s iShares business. Martin Small, the head of US iShares at BlackRock, which oversees more than $ 1 trillion, has some ideas why. He also explains why baby boomers have been slow to adopt ETFs and how they […]
Business Insider/Getty/Reuters Apple will release its HomePod smart speaker on February 9, to compete with the Google Home Max and the Amazon Echo. This leaves only one significant small player in the space, Sonos, which has to take on three tech goliaths who are worth $ 2.4 trillion collectively. Sonos was late to adding voice […]
Digital Assets Businesses are gearing up for a healthy 2018 and will increase their spending on IT projects to support planned growth. Overall IT spending is estimated to grow to $ 3.7 trillion in 2018, up 4.5% over 2017 spending, reports market researcher Gartner Up-and-coming new tech like artificial intelligence, internet of things and even […]
Luke MacGregor/Reuters The $ 14 trillion Treasurys market was rattled this week by news from several central banks. Investors were led to believe that Japan, China, and the Eurozone could be slowing their bond purchases. “None of these developments were priced into the market as interest rates rose in response,” analysts at Bank of America […]
The Bottom Line Richard Turnill, BlackRock’s chief investment strategist, notes that a measure of geopolitical risk has spiked to the highest since March 2015. Out of all geopolitical risks, Turnill is most worried about President Donald Trump’s trade policy, which he says could disrupt global markets. As stocks continue their relentless pursuit of new record […]
Reuters/Arnd Wiegmann Global debt levels hit an unprecedented level in the third quarter of 2017, according to the Institute of International Finance. The IIF cautions that this record debt burden could keep global central banks from tightening monetary conditions in the coming months. Global debt soared to a record $ 233 trillion in the third […]
Reuters/Arnd Wiegmann Global debt levels hit an unprecedented level in the third quarter of 2017, according to the Institute of International Finance. The IIF cautions that this record debt burden could keep global central banks from tightening monetary conditions in the coming months. Global debt soared to a record $ 233 trillion in the third […]
BI Intelligence The global insurance industry is worth nearly $ 5 trillion, and insurance companies are at risk of losing a share of this valuable market to new entrants. That’s because these legacy players have been even slower to modernize than their counterparts in other financial services industries. This has created an opportunity for a group of firms […]
Americans Have Over $ 4 Trillion in Open Credit Card Lines Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site […]
Published time: 27 Dec, 2017 14:36 A US woman is suing Apple for nearly one trillion dollars after the company acknowledged it had deliberately slowed down iPhones as they get older. The US tech giant now faces nine suits over the issue. Read more Violetta Mailyan is reportedly seeking compensation, demanding Apple pay her $ […]
