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[ad_1] European stocks slid and U.S. shares wavered on Wednesday as the outlook for rate hikes sullied sentiment, while bond yields rose after euro zone gross domestic product beat expectations, adding to bets of a more hawkish European Central Bank. Trading was choppy as investors awaited the ECB meeting on Thursday and U.S. consumer price data on Friday that will highlight the dilemma investors face as they juggle how much central banks tighten policy and its impact on inflation. Investors are worried about the economic outlook and its effect on results. Citi Research analysts cautioned that Intel Corp could pre-announce weaker-than-expected earnings for the second quarter. Intel’s shares fell 4.1%. Target roiled markets on Tuesday when the retailer cut its profit margin forecast after reporting a much steeper drop in quarterly profit in May than expected. Other companies will follow and challenge second-quarter results, said Philip Orlando, chief equity market strategist at Federated Hermes. “The market is rolling over here and will at a minimum recast that 3800 level that we saw in early May over the course of the next couple of months, and it may go a little bit below that,” he said. He called the recent rally a dead cat bounce. The pan-European STOXX 600 index lost 0.67% while MSCI’s gauge of stocks across the globe shed 0.02%.On Wall Street, the Dow Jones Industrial Average fell 0.25%, the S&P 500 lost 0.22% and the Nasdaq Composite added 0.21%.Data showed the euro zone economy grew much faster in this year’s first quarter than the previous three months, despite the war in Ukraine, the European Union statistics office said, as it revised earlier estimates sharply higher. Investors raised their bets on ECB rate hikes, and money markets priced in 75 basis points of rate hikes by September.U.S. Treasury yields rose after the GDP data beat expectations, adding to bets of a more hawkish ECB.The yield on 10-year Treasury notes was up 3.5 basis points to 3.005%. The euro hit a seven-year peak against the yen, getting a lift from the upward revision to first quarter growth. The euro was up 0.33% to $1.0734, while the dollar index fell 0.068%. The dollar slipped against a basket of major currencies for a second straight day but still managed to hit a fresh 20-year high against the yen. The yen weakened to hit 134.47 per dollar, its softest since Feb. 27, 2002. The Organization for Economic Cooperation and Development slashed its growth outlook to 3% this year from its 4.5% forecast in December and raised its inflation estimates – though it said there was a limited risk of “stagflation”. Asian stocks strengthened overnight, with Chinese stocks seeing some relief from easing of COVID-19 restrictions, but sentiment was volatile and European indexes fell soon after opening. Japan’s economy shrank slightly less than initially reported in the first quarter, as private consumption remained resilient and companies rebuilt inventories.German industrial production recovered but rose by less than expected in April. Oil prices rose about 1% as U.S. crude hit a 13-week high despite a rise in domestic crude inventories, as supplies looked likely to tighten with China easing lockdowns and Norwegian oil workers planning to strike. U.S. crude rose 1.53% to $121.24 per barrel and Brent was at $122.63, up 1.71% on the day. [ad_2] Source link

[ad_1] While consumers almost always turned to their neighborhood bank for a new savings account just a decade ago, the entire banking landscape has changed. The same big banks offer their customers checking and savings accounts — including supposed “high-yield” savings accounts — but the big players like Chase and Bank of America now have increased competition from online banks and even robo-advisors. If you’re in the market for a new savings account, you should strive to compare options from your regular bank as well as online providers who might offer a greater financial return on your savings. After all, the point of a savings account is helping you stash away money for emergencies or a goal, and with the benefit of earning interest on your deposits. It makes sense that you would want a new savings account that offers a generous interest rate with minimal fees that’s also easy to use. To help you in your search, we compared all of the top savings accounts from major banks and credit unions, online banks, and even robo-advisors. While the CIT Bank Savings Builder account came out ahead in our ranking due to its high potential APR, nonexistent fees, and low barrier to entry, there are plenty of other accounts to compare. With that in mind, let’s dive in. Important Factors for Choosing an Online Savings Account When it comes to any financial product, competition is always a net positive for consumers. The fact that more online savings accounts are available today than ever puts increasing pressure on larger banks and credit unions, who in turn have to improve their offerings to remain competitive. Here are the most important factors you should consider before opening a new account: Annual Percentage Yield, or APY: This factor determines how much interest you’ll earn on your deposits. Ideally, you’ll wind up with a savings account that has the highest APY you can find. Minimum Account Requirements: Also note that some savings accounts require a minimum amount to get started, or to secure their highest APY. Make sure you understand minimum account requirements that can help you avoid fees and receive the highest rate of return. Banking Fees: Also watch out for fees like account maintenance fees, account opening fees, and transaction fees. The Best Online Savings Accounts of 2022 The best savings accounts for 2022 vary widely depending on the type of provider you choose to move forward with. We compared the top options in this space so we could highlight the best savings accounts within every niche. Company Account Type of Bank   CIT Bank Savings Builder Online Bank Get Started Discover Online Savings Online Bank Get Started Betterment Savings Online Brokerage Get Started UFB Direct Online Bank Get Started Citi Accelerate Savings Big National Bank & Credit Union Get Started Alliant Credit Union Big National Bank & Credit Union Get Started SoFi Money Online Brokerage Get Started Best Online Savings Accounts – Reviews The banks we’ve included in this guide offer higher APYs, low fees, and plenty of perks, but that doesn’t mean each one will suit your needs. The following banking reviews can help you gauge how each savings account works, fees you might have to pay, and any highlights you should be aware of. CIT Bank Savings Builder The CIT Bank Savings Builder Account comes with a low barrier to entry, although you’ll earn a significantly higher return on your savings if you can meet some basic requirements. Their highest interest tier (currently 1.75% APY) goes to individuals who can maintain a $25,000 balance or contribute at least $100 per month to their account. While the minimum balance requirement of $25,000 is pretty steep, the fact you can earn the highest APY with just a $100 deposit each month is pretty sweet. Not only will you secure a higher APY with regular deposits, but this feature actually encourages you to save more money over time. This savings account also comes with no ongoing fees or hidden fees, and you can set it up online with ease. .m00646-mc-pros-cons.gfc .lits-cont .header{font-family:Muli,sans-serif}.m00646-mc-pros-cons.gfc .lits-cont ul.list li{font-family:Muli,sans-serif}.m00646-mc-pros-cons.bcb .lits-cont .header{font-family:”nimbus-sans”,sans-serif}.m00646-mc-pros-cons.bcb .lits-cont ul.list li{font-family:”nimbus-sans”,sans-serif}.m00646-mc-pros-cons{display:flex;max-width:688px;margin:0 auto;padding:20px 0}.m00646-mc-pros-cons .lits-cont{flex:1}.m00646-mc-pros-cons .lits-cont .header{display:flex;justify-content:start;align-items:center;font-family:Gelasio,serif;font-size:20px;font-weight:700;text-transform:uppercase;line-height:1.3}.m00646-mc-pros-cons .lits-cont .header .indication-img{display:flex;align-items:center}.m00646-mc-pros-cons .lits-cont ul.list{margin:0;padding:0;margin-top:18px;list-style:none}.m00646-mc-pros-cons .lits-cont ul.list li{font-family:Georgia,serif;font-size:18px;font-weight:400;margin:0;margin-top:17px;line-height:1.3;padding-left:30px;position:relative}.m00646-mc-pros-cons .lits-cont ul.list li:first-child{margin-top:0}.m00646-mc-pros-cons .lits-cont ul.list li::before{content:””;display:block;width:20px;height:20px;margin-right:10px;vertical-align:middle;background-size:contain;background-repeat:no-repeat;background-position:center center;position:absolute;left:0;top:2px}.m00646-mc-pros-cons .lits-cont.pros ul.list li::before{background-image:url(data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCAyMCAyMCI+PHBhdGggZmlsbD0iI0E1RENBMCIgZD0iTTEwIDBDNC41IDAgMCA0LjUgMCAxMHM0LjUgMTAgMTAgMTAgMTAtNC41IDEwLTEwUzE1LjUgMCAxMCAwem01LjEgNy45bC01LjQgNS40Yy0uMi4yLS40LjItLjYuMnMtLjQtLjEtLjYtLjJsLTIuNy0yLjdjLS4zLS4zLS4zLS45IDAtMS4yLjMtLjMuOS0uMyAxLjIgMGwyLjEgMi4xIDQuOC00LjhjLjMtLjMuOS0uMyAxLjIgMCAuMy4zLjMuOSAwIDEuMnoiLz48L3N2Zz4=)}.m00646-mc-pros-cons .lits-cont.cons{margin-left:20px}.m00646-mc-pros-cons .lits-cont.cons ul.list li::before{background-image:url(data:image/svg+xml;base64,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)}@media screen and (max-width: 600px){.m00646-mc-pros-cons{display:block}.m00646-mc-pros-cons .lits-cont{margin-left:0}.m00646-mc-pros-cons .lits-cont ul.list li{font-size:14px;padding-left:24px;margin-top:12px}.m00646-mc-pros-cons .lits-cont ul.list li::before{width:16px;height:16px;margin-right:6px;top:0}.m00646-mc-pros-cons .lits-cont:first-child{margin-top:0}.m00646-mc-pros-cons .lits-cont.cons{margin-left:0;margin-top:35px}} Pros Earn 0.90% APY with a $100 minimum opening deposit No ATM fees, plus up to $30 in other bank’s ATM fees reimbursed per month No monthly service fees Cons No bank branches Limited account options Discover Online Savings While Discover is well known for its popular rewards credit cards, this bank also offers affordable personal loans and competitive banking products. Their online savings account currently comes with an APY of 0.80% and with no minimum deposit requirement and no monthly fees. You can open an online savings account with Discover without having to visit a physical bank branch, and your Discover account may come with broad ATM access depending on where you live. .m00646-mc-pros-cons.gfc .lits-cont .header{font-family:Muli,sans-serif}.m00646-mc-pros-cons.gfc .lits-cont ul.list li{font-family:Muli,sans-serif}.m00646-mc-pros-cons.bcb .lits-cont .header{font-family:”nimbus-sans”,sans-serif}.m00646-mc-pros-cons.bcb .lits-cont ul.list li{font-family:”nimbus-sans”,sans-serif}.m00646-mc-pros-cons{display:flex;max-width:688px;margin:0 auto;padding:20px 0}.m00646-mc-pros-cons .lits-cont{flex:1}.m00646-mc-pros-cons .lits-cont .header{display:flex;justify-content:start;align-items:center;font-family:Gelasio,serif;font-size:20px;font-weight:700;text-transform:uppercase;line-height:1.3}.m00646-mc-pros-cons .lits-cont .header .indication-img{display:flex;align-items:center}.m00646-mc-pros-cons .lits-cont ul.list{margin:0;padding:0;margin-top:18px;list-style:none}.m00646-mc-pros-cons .lits-cont ul.list li{font-family:Georgia,serif;font-size:18px;font-weight:400;margin:0;margin-top:17px;line-height:1.3;padding-left:30px;position:relative}.m00646-mc-pros-cons .lits-cont ul.list li:first-child{margin-top:0}.m00646-mc-pros-cons .lits-cont ul.list li::before{content:””;display:block;width:20px;height:20px;margin-right:10px;vertical-align:middle;background-size:contain;background-repeat:no-repeat;background-position:center center;position:absolute;left:0;top:2px}.m00646-mc-pros-cons .lits-cont.pros ul.list li::before{background-image:url(data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCAyMCAyMCI+PHBhdGggZmlsbD0iI0E1RENBMCIgZD0iTTEwIDBDNC41IDAgMCA0LjUgMCAxMHM0LjUgMTAgMTAgMTAgMTAtNC41IDEwLTEwUzE1LjUgMCAxMCAwem01LjEgNy45bC01LjQgNS40Yy0uMi4yLS40LjItLjYuMnMtLjQtLjEtLjYtLjJsLTIuNy0yLjdjLS4zLS4zLS4zLS45IDAtMS4yLjMtLjMuOS0uMyAxLjIgMGwyLjEgMi4xIDQuOC00LjhjLjMtLjMuOS0uMyAxLjIgMCAuMy4zLjMuOSAwIDEuMnoiLz48L3N2Zz4=)}.m00646-mc-pros-cons .lits-cont.cons{margin-left:20px}.m00646-mc-pros-cons .lits-cont.cons ul.list li::before{background-image:url(data:image/svg+xml;base64,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)}@media screen and (max-width: 600px){.m00646-mc-pros-cons{display:block}.m00646-mc-pros-cons .lits-cont{margin-left:0}.m00646-mc-pros-cons .lits-cont ul.list li{font-size:14px;padding-left:24px;margin-top:12px}.m00646-mc-pros-cons .lits-cont ul.list li::before{width:16px;height:16px;margin-right:6px;top:0}.m00646-mc-pros-cons .lits-cont:first-child{margin-top:0}.m00646-mc-pros-cons .lits-cont.cons{margin-left:0;margin-top:35px}} Pros No monthly fees nor minimum opening deposit No balance requirements Cons No physical locations Lower APY that some competing banks Betterment Savings Betterment’s savings account, which is known as the Betterment Cash Reserve, lets you earn a variable rate of up to 0.75% APY on amounts you deposit. This account lets you execute unlimited transfers into or out of your account, and there are no monthly maintenance fees regardless of your balance. You can set this account up online with ease, and your balance is eligible for FDIC insurance up to $1 million dollars. Also note that you don’t have to use the Betterment platform for

[ad_1] This 3-in-1 Kids Convertible Wood Sand & Water Picnic Table with Umbrella is perfect for summer fun! You can get this 3-in-1 Kids Convertible Wood Sand & Water Picnic Table with Umbrella for just $109.99 shipped when you use the promo code BCPWATER at checkout! This multipurpose picnic table set has a removable table top section with a small sandbox and water tub underneath, so kids can build mini sand castles or catch pretend fish. Valid through June 10, 2022. [ad_2] Source link

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[ad_1] Airlines must de-board any passenger before departure if they refuse to wear face mask inside an aircraft even after being warned, aviation regulator DGCA said on Wednesday. Besides, airport operators must take help of the local police and security agencies and levy fines on people not wearing face masks, the Directorate General of Civil Aviation (DGCA) said in a circular. The circular followed a Delhi High Court order of June 3 which said the “DGCA should issue separate binding directions to all staff persons deployed at the airports and in the aircraft, including flight attendants, air hostesses, captains/pilots and others, to take strict action against passengers and others who violate the masking and hygiene norms”. All such persons as are found violating the norms must be fined and persistent defaulters must be placed on the no- fly list, the court had said.The DGCA’s Wednesday circular said airlines must ensure the passengers wear masks properly on flights and they are removed from faces only “under exceptional circumstances and for permitted reasons”. If a passenger needs an extra face mask, the airline must provide it, it noted.“The airline shall ensure that in case any passenger does not adhere to above instructions even after repeated warnings, he or she should be de-boarded, if need be, before departure,” it said. In case any passenger refuses to wear mask or violates the COVID-19 protocol even after repeated warnings in flight mid-air, he must be treated as “unruly passenger” as defined in the DGCA regulations, the circular said. The DGCA regulations give powers to airlines to ban passengers for a certain period of time after they have been declared “unruly”.Central Industrial Security Force (CISF) and other police personnel deployed at the entrance of the airport must ensure that no one is allowed to enter the premises without wearing a mask, it said. All airport operators must increase announcements and surveillance to ensure that passengers at terminal are wearing face masks properly and following COVID-appropriate behaviour at all times within the airport premises, it noted. “In case any passenger does not wear mask or refuses to wear mask and follow COVID-19 protocol, he should be fined as per the respective state law where the airport is located and he may even be handed over to security agencies,” it said. Airport operators must take sanitisation measures at airports and provide hand sanitisers or dispensers at prominent places in the terminal, it noted.“Also, airport operators shall levy fines on those violating COVID-19 protocols in accordance with state regulations with the help of local police and security agencies for violation of COVID-19 protocols,” it added. [ad_2] Source link

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[ad_1] Mithali Raj, one of the greatest female cricketers to have played the game, on Wednesday announced retirement from all forms of international cricket after a two-decade long illustrious career. Mithali ended her glorious career with a record 7805 runs in 232 ODIs. She also represented India in 12 Tests and 89 T20 Internationals. The 39-year-old had already retired from the T20 format and her decision to stop playing all formats was expected after India’s ODI World Cup campaign ended in March.”I set out as a little girl on the journey to wear the India blues as representing your country is the highest honour. The journey was full of highs and some lows. Each event taught me something unique and the last 23 years have been the most fulfilling, challenging & enjoyable years of my life,” Mithali wrote on social media, announcing her retirement. “Like all journeys, this one too must come to an end. Today is the day I retire from all forms of International Cricket.” [ad_2] Source link

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[ad_1] Thai central bank holds key rate at record low despite inflation [ad_2] Source link