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some ukrainian refugees who were offered a place to stay by uk families are being asked to leave the homes of their sponsors. secret schools are being set up to educate girls in afghanistan in defiance of the taliban who have refused to let them back in the classroom. tens of thousands of rangers fans are in spain ahead of one of the biggest games in the club s history, the europa league final, tonight. good afternoon and welcome. prices are rising at their fastest rate for a0 years, as soaring energy bills hit millions of households. official figures show uk inflation, the rate at which prices are increasing, rose to 9% in april, up from 7% in march. higher food and fuel prices, driven by the war in ukraine, are also pushing the cost of living up. the prime minister today said he would look at all the measures needed to get people through to the other side . labour have repeated their call for an emergency budget. 0ur economics correspondent andy verity reports. 360, 65, 70 ....
shareholders are in favour. welcome to business today. i m sally bundock. we start in the us where the cost of borrowing will be staying higher for a while longer. the us federal reserve left its key interest rate unchanged on wednesday at its highest in more than two decades and signalled it only expects to make one cut this year. the fed though is predicting four more cuts in 2025. the decision came just hours after some encouraging news on its battle to control inflation. america s official consumer price index showed prices rising at an annual rate of 3.3% in may. that was down 0.1% on april s rate and was lower than expected. but it s still way above the fed s inflation target of 2%. erin delmore in new york has all the details. economic datasets can feel abundant, these are two big deal events. we ve only seen them happen on the same day seven times in the last decade. to start, the consumer price index. that s the key inflation gauge that held good news wednesday ....
Investing in the S&P 500 from 1995 to 2022 would have netted a comfortable 9% per year on average. In other words, you would've gotten nearly 10 times the initial amount of your investment. While that's a pretty penny, it's just a fraction of what post-war and contemporary art would've brought in. Its average annual returns for the same period clocked in at 12.6%, meaning you would've taken out more than 24 times what you put in. Don't Miss: Billionaires Jeff Bezos and Oprah Winfrey invest in th ....
As stock market volatility remains a constant concern, the recent move by Amazon.com Inc. Founder Jeff Bezos to sell billions of dollars in company stock and relocate to Florida, purportedly for tax benefits, highlights the unpredictable nature of financial markets. This action underscores a broader trend among the world’s wealthiest people, including Bezos and media mogul Oprah Winfrey, who are increasingly turning to art as a strategic investment avenue. Art investment, long seen as the preser ....