Why Wendy's Fell This Week
Hopes of a quick takeover at a premium were seemingly dashed, but is a bigger turnaround in the works?
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More in Finance & Markets
Stock traders warm up to Warsh as volatility index touches year-to-date low
The Cboe Volatility Index (VIX), which measures the price of 30-day options on the S&P 500 Index, fell to as low as 14.1.
Here's How Much a $50,000 Investment in the S&P 500 Could Grow in 25 Years
The combination of time and compound growth can cause a single investment to grow dramatically.
How retirees can use up to 50% of their pension for healthcare under govt’s new rules
Kenyan retirees can now transfer up to half of their accrued retirement benefits into dedicated medical funds to help meet healthcare costs after leaving employment, under new regulations that seek to…
- Kenyan retirees can allocate up to 50% of pension into medical funds.
- Retirees can transfer up to Ksh1 million from Ksh2 million pension.
- Contributions to medical funds are tax-deductible up to Ksh15,000 monthly.
At $729 billion, forex kitty hits a record
Reserves increased $12.4 billion during the week, with foreign currency assets increasing $9.4 billion to $591 billion, while the value of gold reserves rose by $2.8 billion to $114 billion.