I’m a 76-year-old widow with a $153,000 mortgage, $73,000 in investments, and $20,000 in a high-yield savings account. My Social Security and very small pension provide me with a monthly income of $3,400 per month. I save about $400 per month, split between my bank savings ($100), my high-yield account ($200) and my investments ($100). … Read more
Live: US stock indices rose at the end of Wednesday’s session, with markets evaluating the Treasury Department’s sale of $58 billion in debt due to be repaid after 5 years, which led to a decline in 10-year bond yields to their lowest level in 5 months. At the end of trading, the Dow Jones Industrial … Read more
Noha Makram – Live – US stocks stabilized on Wednesday, with traders focusing on the S&P 500 index, which is heading to record high levels. The S&P 500 fell slightly, while the Dow Jones Industrial Average fell by 10 points, while the Nasdaq rose by 0.2%. CNBC reported that the broader market index is trading … Read more
Dubai – Mubasher: Calm prevailed in the UAE stock exchanges at the end of Tuesday’s session after large deals were executed and listed shares reached the maximum. The Dubai Financial Market Index rose by 0.26% to 4,028.88 points, with Takaful Emarat shares topping the list with the highest increase by 4.75%, Union Properties by 3.18%, … Read more
Riyadh – Mubasher: The Saudi stock market, “Tadawul,” ended Monday’s session with a noticeable rise, continuing its gains for the second session in a row, in light of a collective rise in the major sectors, amid a jump in liquidity. The general market index, TASI, closed up 1.05%, adding 122.44 points to its balance, raising … Read more
Doha – Mubasher: The Qatar Stock Exchange rose at the close of trading on Sunday, supported by the growth of 5 sectors. The general index rose by 1.11% to reach 10,399.77 points, gaining 114.47 points from last Thursday’s level. Trading grew today, as liquidity rose to 434.96 million riyals, compared to 434.12 million riyals the … Read more
Muhammad Shaker – Mubasher: The performance of UAE financial market indices varied at the close of trading on Thursday, with the Dubai Financial Market declining, while the Abu Dhabi Securities Market rose, amid expectations of a reduction in US interest rates in 2024. According to data from the UAE financial markets, the Dubai Financial Market … Read more
Noha Makram – Live – The Bank of Japan maintained its ultra-loose monetary policy on Tuesday, in a widely expected move, with the bank preferring to wait for more evidence that wages and prices will rise enough to justify a shift away from its massive stimulus policy. The central bank fixed short-term interest rates at … Read more
I am a 59 year old retired union construction worker with a full pension of $80,000 per year with no COLA. I also receive Social Security Disability benefits for $3,400 per month. My wife, age 59, is an executive assistant to the director of operations at a large hospital and her income is $68,000. My … Read more
Noha Makram – Live – European stocks jumped on Friday, extending the gains of a week that was filled with a range of monetary policy decisions by major central banks. The Stoxx Europe 600 index rose by 0.5% at midday trading, with mining stocks rising by 2.4% to lead the gains, with the majority of … Read more