Ben Powell, chief strategist for Middle East and Asia Pacific at BlackRock Investment Institute, at the Abu Dhabi Finance Week (ADFW) conference. Bloomberg | Getty Images The wave of capital pouring into artificial intelligence infrastructure is far from peaking, said Ben Powell, chief investment strategist for APAC at BlackRock, arguing the sector’s “picks and shovels”…
Shoppers may be feeling sticker shock with the cost of beef at the grocery store. Prices in the beef and veal category are up 14.7%, while overall food is up 3.1% from September 2024 to September 2025 — the latest publicly available consumer price index data due to the government shutdown in October. But expenses…
I tried for over a decade to move to Spain. I went to study Spanish at 21, teach English at 26, and get my master’s at 29, but always ended up back in the U.S. Back then, my options to stay long-term seemed so limited: get transferred through a company, marry a local, or have…
Kate_sept2004 | E+ | Getty Images As 2025 winds down, many financial advisors are preparing for 2026, which will bring key changes to saving for retirement in 401(k) plans. Among those shifts are contribution limit updates and a major tax change for certain investors, which could affect long-term planning. “The most impactful change for next…
Investors weighing where to deploy $1 million today face a mix of shifting central bank policy and geopolitical risks. However, strategists say the path forward is clearer than it looks: stay invested, stay diversified, and focus on structural themes such as industrial spending and high-quality bonds. If you had $1 million to invest right now,…
Morgan Stanley exited the bull camp on Tesla , saying valuation concerns outweigh its optimistic outlook for the electric vehicle maker in a huge potentially market-moving call on Wall Street. Analyst Andrew Percoco downgraded Tesla’s stock to equal weight from overweight. Percoco raised his price target by $15 to $425, but that still reflects downside…
Shanghai Bund skyline panorama Yangna | E+ | Getty Images Asia-Pacific markets traded mostly higher on Monday as investors awaited trade data from China due later in the day. Economists polled by Reuters expect China’s exports in November to rise 3.8% from a year earlier, reversing the 1.1% contraction in October. Imports are expected to…
We’re in the final stretch of 2025 and entering the second week of the historically strong market month of December. Barring a calamity, the S & P 500 should be able to turn in a third straight year of gains. The index has advanced nearly 17% year to date. Whether it goes higher from here…
U.S. Treasury Secretary Scott Bessent speaks to the media outside the White House on Nov. 5, 2025 in Washington, DC. Andrew Harnik | Getty Images U.S. Treasury Secretary Scott Bessent, a key figure in implementing President Donald Trump’s economic agenda including tariffs, disclosed on Sunday that he has recently divested his interests in a soybean…
Google parent Alphabet has become an unstoppable force in artificial intelligence, according to Pivotal Research Group. Analyst Jeffrey Wlodarczak on Friday reiterated his buy rating on Alphabet, citing continued momentum in the company’s core business lines and saying that Google appears to be “winning everywhere” across the AI stack. Wlodarczak raised his price target to…
