ELISABETTA Trevisan, a 50-year-old teacher from Venice, plans to use interest payments from an Italian bond for small savers to help put her two sons through university.
The three bonds she bought for €40,000 (US$43,100) carry an annual coupon of up to 4.5%, a healthy mark-up on other savings options, with payments every three or six months.
Federal Reserve (Fed) governor Lisa Cook says it will be appropriate to reduce interest rates “at some point”, adding that she expects inflation to improve gradually this year before more rapid progress in 2025.
While Workday trimmed subscription software growth guidance, it surprised analysts by calling for a higher adjusted operating margin. …
Italy’s mafia rarely dirties its hands with blood these days. Extortion rackets have gone out of fashion and murders are largely frowned upon by the godfathers.