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Inflation looks vastly different between these two beachside metropolises. The pace of home construction has been a deciding factor for both regions. The Tampa-St. Petersburg-Clearwater region in Florida recently saw the lowest inflation rate among 23 metropolitan areas across the country — 1.8% in the 12 months that ended in…

Thesis iShares Biotechnology ETF (NASDAQ:IBB) is a fund created by BlackRock, Inc (BLK). The fund accounts for 214 holdings, and aims to mimic the performance of the NYSE Biotechnology Index. During 2020 and 2021, biotechnology companies experienced what in my opinion was an overly optimistic bullish cycle, given that during…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Iran’s Supreme Leader Ayatollah Ali Khamenei has officially endorsed reformist politician Masoud Pezeshkian as the country’s next president.Khamenei’s endorsement at a ceremony attended by high-ranking officials, politicians and diplomats on Sunday allows…

Former President Donald Trump has revived his four-year-old false claim about how he and Democratic Minnesota Gov. Tim Walz handled the civil unrest that followed the murder of George Floyd by a Minneapolis police officer in 2020. Walz is among the Democrats whom sources say Vice President Kamala Harris is considering as a potential…

The pain of loss has an impact on us that is at least twice as powerful as the joy of gain. This potent observation from Daniel Kahneman has implications in nearly every area of our lives, but especially in our finances, where losses and gains are so clearly illuminated numerically.…

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