Two children dead and nine injured at dance workshop

Emergency workers rushed to help casualties in the aftermath of a stabbing Two children have been killed and nine injured, six critically, in a “ferocious” knife attack at a children’s dance workshop. Two adults are also in a critical condition after being stabbed as they tried to protect children at the Taylor Swift-themed event on…

What Is the Rural Electrification Act? What It is, How It Works

What Is the Rural Electrification Act? The Rural Electrification Act—part of President Franklin D Roosevelt’s sweeping package of programs (a ‘New Deal’) enacted between 1933 and ’39 to relieve the hardship imposed by the Great Depression—assured federal funding for bringing electricity to Americans in isolated rural communities. Congress passed the enabling legislation on 20 May…

3 Charts Suggest It’s Time to Buy Into US Financials

Rising risks of trade war along with the resulting degrees of increased levels of financial volatility have investors on the lookout for areas of the market where they can increase their capital protection. It might not be immediately evident, but one of the market segments that is worthy of closer inspection is US financials. With…

‘Friendshoring’ Could Have Some Not-So-Friendly Downsides

Under a push from the U.S. and others to trade more with friends and less with rivals, the world would be poorer, the International Monetary Fund reported. In a report published on Wednesday, the IMF researchers noted that these trends towards ‘friendshoring’, which could lead to geopolitical fragmentation of global production networks, would result in…

3 Defense ETFs to Play Defensive Amid Trade Uncertainty

When nervous, investors flock to so-called consumer staples, real estate and utilities. These three sectors have indeed been some of the best performing in the past 30 days, even if they remain below recent peaks in a current climate of unprecedented escalation of trade tensions between the world’s two economically dominant powers, the US and…

Who Are the Richest U.S. Senators?

With that in mind, motivated by the concept of transparency and in order to avoid conflicts of interest, the Ethics in Government Act demands many federal elected officials to submit an annual financial disclosure statement that specifies their assets, investments and business interests. Senators belong to a cohort of people subject to this paperwork. Their statements…