U.S. government debt prices were lower Monday, as investors monitored strong manufacturing numbers out of China. The yield on the benchmark 10-year Treasury note rose to 2.444 percent, while the yield on the 30-year Treasury bond climbed to 2.844 percent. The yield on the 3-month bill was marginally higher, at 2.401 percent. Bond yields move
Month: April 2019
Chinese Premier Li Keqiang called on New Zealand on Monday to ensure a fair investment environment, as he meet Prime Minister Jacinda Ardern whose country has rejected a bid by Chinese telecom giant Huawei to build a 5G mobile network. Ardern, on a one-day visit to China, said before meeting Li that she hoped to
An interview and Q&A with billionaire venture capitalist and co-founder Valar Ventures, Peter Thiel. In this interview, Peter discusses his unique view on innovation and the detrimental effects of risk aversion to creating innovation. Peter also talks about his investments and what he has learnt from them. ? Books by Peter Thiel and his favourite
We hear a lot about the retirement crisis in America. With a decline in pension availability and concerns about the long-term viability of Social Security, the burden of saving for retirement rests squarely on the shoulders of individuals. According to EBRI, only 17 percent of American workers are very confident they will have enough for
Ever heard of the “tax benefit rule?” It’s a basic premise of the tax law providing that if you deduct an amount you paid in one year, and then later recover all or a portion of that payment, well…it stands to reason that you should have to include that recovery in income. The purpose of
Baker’s Bay Golf & Ocean Club Bill Springer The Bakers Bay Golf & Ocean Club, located along a stretch of private perfection on the Bahamian island of Great Guana Cay in the Abacos, is way more than just another private beach community. Sure, it boasts the requisites: fitness center, tennis and basketball courts, luxurious spa,
Kellogg is nearing a deal to sell its Keebler, Famous Amos and fruit snacks businesses to Nutella-owner Ferrero for between $1 billion and $1.5 billion, people familiar with the situation tell CNBC. An announcement could come as soon as Monday, the people said, requesting anonymity because the information is confidential. The deal is the latest
Activist investor Starboard Value has ended its fight against Bristol-Myers Squibb’s buyout of biotechnology company Celgene after two prominent proxy advisors announced their support for the deal earlier on Friday. The withdrawal comes hours after both Institutional Shareholder Services and Glass Lewis recommended Bristol-Myers shareholders vote in favor of its bid. “Despite the substantial swell