Author: iannouncethis.com
Student tenants are more reliable than employed renters because they are shielded from the UK’s troubled economic backdrop, claims Hannah Chappatte (pictured), chief executive of student-focused platform Hybr. While increased wear and tear is often associated with the student market, Chappatte makes the point that they are funded by student loans rather than being placed at the mercy of the workplace, so in that respect landlords should be more open to students than they are. Chappatte told PropertyWire: “Students are there to focus on career prospects, while they have the pressure of paying money into their studies. “In the professional…
The International Monetary Fund on Tuesday upgraded its view of China’s economy, citing a better-than-forecast performance as well as moves to bolster its ailing property market. The IMF lifted its view on China’s growth for this as well as for next year by 0.4 percentage points, taking its GDP view for 2023 to 5.4% growth and its 2024 GDP view to 4.6% growth. “The authorities have introduced numerous welcome measures to support the property market, but more is needed to secure a quicker recovery and lower economic costs during the transition. A comprehensive policy package should include measures to accelerate…
Exchange traded-funds (ETFs) have become a major part of the investing landscape and their popularity continues to grow. The ability to buy and sell ETFs throughout the trading day, the low cost of many index ETFs, and their transparency have made them the investing product of choice for many individual investors and financial advisors. Key Takeaways ETFs offer advantages such as low expense ratios, intraday trading, and diversification within a 401(k) plan.They are less popular in 401(k)s due to the traditional prevalence of mutual funds, which are more familiar to participants with several benefits.ETFs’ intraday trading capability can encourage excessive…
Nasdaq slips, Dow ekes out 10th day of gains: Stock market news today | July 21, 2023
#stocks #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #bitcoin #crypto To get the latest market news check out finance.yahoo.com Stocks finished near where they started Friday, as the Dow eked out a 10th day of gains and tech stocks rebounded somewhat as investors assessed the second-quarter earnings season so far. The Dow Jones Industrial Average (^DJI) closed up slightly above the flatline — just over three points higher, or about 0.01% — after the blue-chip index bucked its peers with a Johnson & Johnson-led win on Thursday. Coming off losing sessions, the S&P 500 (^GSPC)…
Australia’s central bank delivers rate hike as inflation proves more persistent
SYDNEY — The Reserve Bank of Australia delivered a further interest-rate increase Tuesday, warning that inflation pressures have proved to be more persistent than expected over recent months. The official cash rate was raised to 4.35% from 4.10%, marking the first hike since July. “Inflation in Australia has passed its peak but is still too high and is proving more persistent than expected a few months ago,” RBA Gov. Michele Bullock said in a statement. “While the central forecast is for CPI inflation to continue to decline, progress looks to be slower than earlier expected,” Bullock said. The RBA now…
Regulatory authorities in Hong Kong are contemplating the inclusion of individual investors in spot Crypto ETFs, as part of their strategic initiatives to cement the city’s position as the primary digital asset hub in the Asia-Pacific region, a report disclosed Monday. Exploring Retail Access To Digital Asset ETFs In Hong Kong This proactive initiative highlights Hong Kong’s commitment to creating a conducive environment for retail engagement in the growing field of digital assets within its jurisdiction. According to Julia Leung, the Chief Executive Officer of the Securities and Futures Commission, the city is currently contemplating the possibility of allowing ordinary…
Student rental platform Hybr has set its sights on helping institutional landlords develop halls of residence-style accommodation in undersupplied colleges and universities. At the same time, the platform has started matching up landlords with recent graduates and young professionals who are looking to rent, rather than just students. Since launching in 2020 Hybr has predominantly focused on pairing residential landlords with students up and down university cities. The company currently operates in 10 cities but is scaling up 30 university cities, including Nottingham, Glasgow, Birmingham, Leeds, Brighton, Exeter and Bath. The startup is on the verge of closing a £3.3…
Disney and other entertainment giants report after upbeat results from peers, but investors are getting harsher on companies that don’t deliver
Last month, Netflix Inc. NFLX, +1.80% stock jumped after it reported big subscriber gains and hiked prices. Last week, results from Paramount Global PARA, +15.44% beat expectations, sending shares of the streaming and entertainment giant on its best percentage gain in nearly a year, and Roku Inc. ROKU, +8.58% also offered an upbeat outlook. This week — as Walt Disney Co., Warner Bros. Discovery Inc., Lions Gate Entertainment Corp. and AMC Entertainment Holdings Inc. all report results — we’ll get a deeper sense of whether the entertainment industry is starting to make investors happy again, even if they make viewers…
Individual Retirement Accounts (IRAs) vs. Certificates of Deposit (CDs): An Overview An individual retirement account (IRA) and a certificate of deposit (CD) are two types of savings accounts that can be obtained at financial institutions, including banks. While they are designed to help people save, they are inherently different. An IRA is designed for long-term investing for retirement income while a CD is considered a short-term savings account. An IRA is a retirement investment account that has tax advantages to the saver and restrictions on its use before reaching retirement age. The account holder may contribute to it every year,…
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