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By Louis KrauskopfNEW YORK (Reuters) – With U.S. interest rate cuts looming, investors are facing a tough choice: hang on to the big tech stocks that have driven returns for more than a year, or turn to less-favoured areas that could benefit from easier monetary policy.Owning tech giants and growth companies like Nvidia, Microsoft and Amazon has been a highly profitable strategy for investors since the start of 2023, even as their stock market dominance has drawn comparisons to the dot-com bubble of the late 1990s.That calculation may begin to change following Thursday’s unexpectedly sobering inflation report, which bolstered expectations…
LONDON — Kate, Princess of Wales, watched the men’s final at Wimbledon on Sunday, in a rare public appearance since announcing her cancer diagnosis earlier this year. Kate, 42, a huge tennis fan, has been a regular in the royal box for many years, often attending with her husband, Prince William, and other members of the royal family, and this year she was joined by her daughter Charlotte, 9, and her sister Pippa Middleton-Matthews, 40. Wearing a long purple dress, Kate smiled and waved to the crowd as she made her way to Centre Court at Wimbledon, where she was…
Down icon An icon in the shape of a downward angle. Actress Shannen Doherty attended the Paramount Network Launch Party held at the Sunset Tower on January 18, 2018 in Los Angeles, California. Earl Gibson III/Getty Images Shannen Doherty, star of “Beverly Hills 90210” and “Charmed,” has died at the age of 53, People magazine and The Independent report.Doherty was diagnosed with breast cancer in 2015, but announced she was in remission in 2017.Her cancer returned in 2019 and eventually spread to her brain and bones. Actor Shannen Doherty, known for her roles in TV shows such as “Beverly Hills…
Regardless of what happens in Sunday’s Wimbledon final, Novak Djokovic will likely hold a firm lead in the race for all-time Grand Slam titles forever.Djokovic will retire ahead of Rafael Nadal and Roger Federer no matter what. Everyone else is so far behind that the numbers don’t seem to matter. With Djokovic reaching the end of his career at age 37, does it really matter whether he wins 24 or 25 majors? It could be, and only because of the man who will be on the other side of the net from Djokovic on Sunday.Carlos Alcaraz enters the Wimbledon final…
Getty Images for Hallmark Channel Shannen Doherty, known for her roles in the hit TV series “Beverly Hills 90210” and the fantasy wizard series “Charmed,” was diagnosed with breast cancer in 2015 and passed away. She was 53 years old. “It is with heavy hearts that we announce the passing of actress Shannen Doherty. On Saturday, July 13, she lost her battle with cancer after a long struggle,” Doherty’s publicist, Leslie Sloane, said in a statement to People magazine. Doherty rose to fame in 1990 when she played the refreshing brunette Brenda Walsh on Fox’s “Beverly Hills 90210.” Along with…
House Speaker Mike Johnson told NBC News on Sunday that Saturday’s shooting incident involving former President Donald Trump is evidence that Americans need to “stop speaking out.””We are all Americans and we need to treat each other with dignity and respect,” Johnson said, taking a partial swipe at President Joe Biden, who told supporters on a campaign call last week that it was time to shift the focus of the presidential race away from his age and back to Trump.The president’s remarks on the call included comments such as, “We can no longer waste time with distractions. My job is…
And then, three years of chaos caused by COVID-19, Ukraine and Gazais by far the most significant disruptor of international trade, distracting attention from America’s more outlandish trade priorities.Still, there have been worrying effects. Most obviously, as research by Global Trade Alert, an independent trade policy monitoring service, shows, over the past five years: Powerful waves They are taking harmful protectionist measures.Trade-related measures averaged less than 1,000 per year for the decade ending in 2019, but surged to a peak of more than 2,500 last year. More than two-thirds of these measures sought to harmfully disrupt trade, with the majority…
Lionel Messi’s Argentina will face Colombia in the Copa final. (AP Photo/Julia Nikhinson)After 30 matches, the Copa America 2024 final between Argentina and Colombia has been decided. Lionel Messi’s team is the defending Copa champion, having reached the final in six of the past eight tournaments. This year’s Copa will mark Messi’s record 35th major tournament appearance. Argentina advanced to the 2024 final after beating Canada 2-0 in the semi-finals. Meanwhile, Colombia defeated Uruguay 1-0 in a tense match that was full of drama on and off the pitch.Though the USMNT was eliminated from the tournament, the United States remains…
Render (RNDR), also known as the “NVIDIA of crypto,” has captured investors’ attention with its impressive performance in the first half of 2024. Now, network activity data suggests that the cryptocurrency may be poised for a bullish trend reversal after a month-long downtrend. According to a post by on-chain analyst Ali Martinez on X, the trend of RNDR has changed from bearish to bullish. In particular, Martinez noted that the network’s daily active addresses and whale transactions have experienced a “notable increase,” showing signs of a reversal. Why is Render called the “Nvidia of crypto”? Render has earned the nickname…
Investors have been volatile in China recently, and President Xi Jinping’s policies have only made things worse. Some are hoping that upcoming meetings of the Chinese Communist Party leadership will improve things, but they are almost certain to be disappointed. The Communist Party of China’s Central Committee, made up of about 370 senior officials, will hold its third plenary session since taking office in 2022 from Monday to Thursday. Since 1978, the Third Plenary Session has been associated with economic reform. That year, Chinese leader Deng Xiaoping used the session to push through the “Reform and Opening Up” policies that…