Select a category
Advertisement
Instablog9ja
16 m
11
Nollywood veteran Binta Ayo Mogaji is urging women over 35 to think about having children outside of marriage.
In a recent interview with Oyinmomo TV, the 60-year-old actress, who became a mother at 40, encouraged unmarried women who want to experience motherhood to explore the option of having children without waiting for marriage.
“What I’m saying is, once you’re 35 or older and you don’t have a husband, but there’s someone in your life who is with you but not ready for marriage, and he wants a child, have a child with him, even if he won’t accept responsibility for the child.
When she is looking for a husband at 35, they’ll say she’s too old and won’t be able to wash clothes for her mother-in-law or be controlled.
They’ll advise the man to find a younger lady to listen to him. Even if she’s fortunate to marry at that age, she’ll already be old when her child grows up. Some people at 45 or 50 are already grandmothers.
When your mates are grandmothers, and you’re still saying you’re looking for a husband, when will you find a husband and become a grandmother?
So, my advice is, if God blesses you with someone who likes you and you can have children together, go ahead and do it.
If you find someone you like, ask him to impregnate you as long as you want a child and can take care of the child. But if you want a child and cannot find a man to impregnate you, then consider adoption.”
#Instablog9jaNews #Information #Awareness #StayUpdated
Investopedia
17 m
14
:max_bytes(150000):strip_icc()/GettyImages-2175651433-8de7c7d5bcae442db69f01930e0d5ddc.jpg)
The September jobs report comes as the Federal Reserve keeps a close eye on unemployment; U.S. dockworkers agree to end a three-day strike after port operators offer pay hike; Spirit Airlines (SAVE) shares are sinking in premarket trading on a report it's reviewing bankruptcy options; the European Union (EU) votes to impose new tariffs on electric vehicle (EV) batteries made in China, risking retaliation by Beijing; and shares of EV maker Rivian Automotive (RIVN) are falling after it cut its deliveries outlook. Here's what investors need to know today.
Investors will be closely watching today's 8:30 a.m. ET release of the September U.S. employment report, which could help influence future Federal Reserve action on interest rates. Economists expect the unemployment rate to remain at 4.2%, while employers are expected to have added 150,000 jobs in September, up from 142,000 the prior month, according to forecasters polled by and . It's the first job report since the Fed cut interest rates last month as it raised worries about a rising unemployment rate, which some analysts have projected will move higher in today's report.
U.S. dockworkers agreed to suspend a massive three-day strike until Jan. 15, after reaching a tentative agreement with port operators on wages. Over the course of six years, dockworkers will see their minimum hourly pay increase to $63 from $39, a 62% bump, according to . Economists projected that the strike could have cost the U.S. economy as much as $4.5 billion per day. European shares of shipping giants Hapag-Lloyd and Maersk are declining by 12% and 6%, respectively, on the development.
Spirit Airlines (SAVE) shares are falling by 35% in premarket trading after a report that the budget carrier is reviewing bankruptcy options following its failed $3.8 billion merger with JetBlue Airways (JBLU). reported that Spirit executives were in discussions with bondholders over the terms of a Chapter 11 bankruptcy filing as the carrier grapples with a debt load of $3.3 billion. The news is helping boost shares of rivals JetBlue and Frontier Airlines parent Frontier Group Holdings (ULCC) more than 4% each in premarket trading.
The European Union (EU) on Friday voted to impose tariffs on Chinese-made electric vehicles (EVs), risking further retaliation from Beijing, which in August launched an anti-subsidy investigation into EU dairy imports. The move comes after Europe warned it would target Chinese EVs for new tariffs over subsidies from Beijing. Earlier this year, the U.S. and Canada boosted tariffs on Chinese EVs, with the White House saying the move was aimed at protecting American workers "from China's unfair trade practices."
Shares of EV maker Rivian Automotive (RIVN) are falling more than 8% in premarket trading after it cut its full-year deliveries projection, citing a production slowdown stemming from shortage of a shared component on the R1 and RCV platforms. "This supply shortage impact began in Q3 of this year, has become more acute in recent weeks and continues," it said. Rivian lowered its annual production guidance to between 47,000 and 49,000 vehicles, down from earlier projections of 57,000.
Do you have a news tip for Investopedia reporters? Please email us at [email protected]Read more on Investopedia
Advertisement
Instablog9ja
1 h
9
American celebrity couple singer, Halle Bailey and rapper, Darryl Dwayne Granberry Jr, aka DDG’s relationship has officially packed up.
The actress and her rapper partner got together in December 2021 and welcomed their only son to the world approximately two years later in December 2023, following a very secretive pregnancy.
Yet 10 months later, the pair have called it quits with DDGbelieving it’s “the best path forward” for them both as he stresses the pair are still on amicable terms and are close friends.
Investopedia
1 h
12
:max_bytes(150000):strip_icc()/STLAChart-adac7ff7598a41afb4bebfc14c9166bd.jpg)
Stellantis (STLA) shares tumbled Thursday after the Chrysler and Jeep parent reported a significant drop in U.S. sales, prompting concerns that the company could rein in its generous payout to investors through dividends and buybacks.
On Monday, the company slashed its full-year profit outlook, noting that it was reducing its North American inventory amid softening global industry dynamics and intensifying competition from Chinese rivals.
Following the automaker's weaker-than-expected U.S. sales and profit warning, analysts at Barclay's reduced their rating on the stock to "equal weight" from "overweight," noting they see no recovery for Stellantis until at least the first half of next year. Since the start of the year, the company's shares have fallen around 44% through Thursday's close.
The shares fell 4% to close at $13.08 on Thursday.
Below, we take a closer look at the automaker's weekly chart and apply technical analysis to identify important price levels worth watching.
Since setting their record high in March, Stellantis shares have trended lower within a narrow descending channel, falling below the closely-watched 50- and 200-week moving averages (MAs) in the process.
Importantly, volumes have steadily increased since late July, with share turnover this week registering its highest level since late October 2019 to indicate conviction behind the recent selling.
Upon a breakdown below the descending channel’s lower trendline, investors should monitor two crucial levels on the Stellantis chart.
The first sits around $11.50, a region where the shares could attract buying interest near the prominent July and October 2022 swing lows, particularly given that the relative strength index (RSI) indicator points to oversold conditions in the stock.
A failure to hold this level may see the shares revisit lower support around $8.50, a location on the chart where investors could seek lower entries near a series of comparable trading levels positioned just above the March 2020 pandemic low.
If Stellantis shares undergo a reversal, it’s worth watching two key overhead levels on the chart.
Firstly, an initial recovery could test the $15 level, where the price may run into resistance near last week’s pre-gap lows, an area that also aligns with multiple peaks and troughs on the chart dating back to early January 2021.
A rally above this level could see a move up to around $18.50, a chart location where investors may look to lock in profits near the 200-week MA and a multi-year trendline connecting a range of comparable price action from December 2020 to October last year.
Do you have a news tip for Investopedia reporters? Please email us at [email protected]
Read more on Investopedia
Instablog9ja
2 hrs
9
Rapper Yung6ix has weighed in on the ongoing social media rift between music heavyweights Davido and Wizkid, cautioning fans against taking sides.
In a recent X post, Yung6ix emphasised the importance of neutrality by drawing from personal experience, noting that advising wealthy individuals can be challenging.
Yung6ix’s plea comes amid a flurry of insults directed at Davido and his team from Wizkid’s camp.
Advertisement
Investopedia
2 hrs
9
:max_bytes(150000):strip_icc()/GettyImages-2176503207-e2cf361ed9f841ab88b0c98284d10647.jpg)
Judging from interest rate expectations, Wall Street is more pessimistic about the U.S. economy than the Federal Reserve is, and that outlook could be put to the test by Friday's closely watched September jobs report.
Late Thursday, investors were pricing in a 56% chance that the Fed will cut interest rates by at least 75 basis points before the end of the year, according to CME Group’s FedWatch Tool, which forecasts interest rate decisions based on federal funds futures trading data. A reduction of that size would require the Fed to cuts its benchmark rate by 50 basis points, or half a percentage point, in one of its two remaining policy meetings this year, in November or December.
The Fed cut the fed funds rate by 50 basis points last month, its first rate cut in more than four years, citing progress in the fight against inflation and a deterioration in the labor market. The cut was an unusually large move for the Fed, which more commonly has carried out 25-basis-point adjustments.
The market’s bias toward another jumbo cut puts it squarely at odds with the Fed, whose September dot plot forecasted two 25-point cuts by the end of the year, and most economists, who generally see the U.S. economy on track for a soft landing. It also reflects lingering skepticism on Wall Street about the health of the economy.
According to Deutsche Bank analysts, Wall Street's aggressive rate cut expectations could end up being a boon to markets over the next few months. “From a market perspective,” analysts wrote in a recent note, the market's pessimism “suggests that investors could still price in even more good news over the months ahead if economic growth does hold up.”
Key labor market updates this week have sent mixed signals about how well the economy is holding up. The number of job openings increased in August, but the hiring rate dipped to April 2020 levels. One report indicated private hiring rebounded in September, while another suggested layoffs were unseasonably high.
Friday’s September jobs report could help clarify the relatively muddy picture painted by this week’s other data. A report that's generally in line with expectations would likely bolster the case for slow-and-steady easing, wrote Oxford Economics' Lead Economist Nancy Vanden Houten in a recent note. "If the report on balance is much weaker than expected," she wrote, "it could be enough to prompt the Federal Reserve to lower rates by another 50bps at its November meeting."
Bank of America analysts expect the market’s reaction to Friday’s report to be tempered by the fact that there’s a month’s worth of data still to be released before the Fed’s rate decision. Traders, the analysts said in a recent note, are unlikely to write off a 50-point cut until after September’s inflation data and October’s jobs report, both of which will be released the week before the Fed’s November meeting.
"We think a soft employment report is likely to generate a larger market response vs a strong labor report," the analysts wrote.
Do you have a news tip for Investopedia reporters? Please email us at [email protected]Read more on Investopedia
