April 16, 2025
Gold Investing

Gold is an uncertain certainty amid Trump tariff turmoil

As U.S. President Donald Trump ratcheted up his tariff war on the world, gold kept climbing in lockstep to reach a succession of record highs. The precious metal reached a fresh peak of $3,245.28 an ounce on April 11 and has climbed 28% since hitting a low of $2,536.71 on November 14, shortly after Trump’s

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Intangible Assets

Roots reports fourth-quarter loss as retailer takes large non-cash impairment charge

Roots Corp. ROOT-T reported a loss of $21.7-million in its fourth quarter as it took a large non-cash impairment charge. The retailer says the loss amounted to 54 cents per share for the quarter ended Feb. 1 as it recorded a $50-million impairment charge on intangible assets. The result compared with a profit of $14.6-million

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Financial Assets

I’m spending my kids’ inheritance to teach them the value of money

I think that’s the greatest gift we can give them (Picture: Raj Gill) When I read that Joe Swash and Stacey Soloman don’t intend to give their kids any inheritance, I was surprised to say the least.  Not because I think the celeb couple are wrong for keeping their £6.5 million fortune for themselves, but

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Financial Assets

Astrological Financial Forecast 2025 For All Zodiac Signs

Last Updated:April 02, 2025, 19:05 IST With Jupiter positioned in Taurus until May 2025, economic growth remains well supported, but post-May, a neutral planetary influence will require clearer policy direction In April, Mars will move from Gemini to Cancer. Although Mars is weakened in Cancer, it will still have a positive impact on four zodiac

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Fixed Assets

Bond manager Pimco looks abroad as U.S. exceptionalism fades

U.S. bond firm PIMCO said on Tuesday that waning business and consumer confidence under President Donald Trump’s policies is eroding the edge U.S. capital markets held over the rest of the world, strengthening the case for investors to diversify globally. Trump is set to unveil “reciprocal tariffs,” aligning U.S. duties with those of other nations

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Tangible Assets

Cash payments now being refused at several big high street names

Six major brands have gone cashless in some or all of their stores, in what some people are calling a ‘completely unacceptable’ move. Pro-cash advocators have branded the new cashless policy as ‘unacceptable’(Image: Getty Images) Several big-name high street brands, including restaurant chains, bakeries, and supermarket petrol stations are refusing cash at various outlets, which

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Financial Assets

Houston, we may have an asset problem, not a debt problem

It’s widely believed that the biggest issue with U.S. consumers’ balance sheets is indebtedness, but the Federal Reserve’s latest financial accounts – and the volatile stock market – suggest that larger risks may be on the other side of the ledger. This seems counterintuitive. Household wealth has never been higher, rising some $163 billion in

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Financial Assets

Why bonds are better than GICs for nervous investors

If you were looking for portfolio security back in 2022, GICs were the screamingly obvious choice over bonds. Back then, guaranteed investment certificates offered yields of as much as 5 per cent for terms of one through five years at alternative banks. That same year, bonds produced an annual loss of 11.7 per cent, including

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Financial Assets

How Isas work in the UK and why you might need one

Unsure where to start with Isas? You’re not alone as fewer than half of us have one (Credits: Getty Images) Many of us have heard of Individual Savings Acconts, or Isas, but government statistics show that fewer than half of us have opened one of these tax-free accounts. That figure falls to fewer than a

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Financial Assets

Morrisons Cafe announces big money-saving change for customers over 60

Over 60s can access the new deal in any of Morrisons Cafes. 15:28, 08 Mar 2025Updated 15:29, 08 Mar 2025 Morrisons has introduced a new money-saving scheme for over 60s(Image: Chris Ratcliffe/Bloomberg via Getty Images) Morrisons is making a wholesome change to their in-store cafes, offering over 60s a breakfast and unlimited hot drink for

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