Money
Sleepover at IKEA: dozens stranded amid snowstorm in Denmark
Two dozen staff and six customers were forced to stay the night at IKEA as up to 30 centimetres of snow trapped them inside
A furniture showroom in the department store in Aalborg, Denmark, became the bedroom of several people who were unable to safely make it home in time amidst a strong snowstorm.
Store Manager Peter Elmose told the Ekstra Bladet tabloid that people could “pick the exact bed they always have wanted to try.”
People working in a toy shop next door also took to the department store to join in on the fun.
Michelle Barrett, one of the toy shop staff, told Denmark’s public broadcaster, DR, “it’s much better than sleeping in one’s car. It has been nice and warm and we are just happy that they would let us in.”
“We just laughed at the situation, because we will probably not experience it again,” she added.
Another approximate 300 people had to stay the night at the Aalborg airport to keep out of the storm.
According to Euronews, the IKEA sleepover consisted of feasting on chips and Swedish cinnamon rolls in the staff canteen before watching television.
“It was a really nice evening, enjoying each other’s company,” Elmose told AFP.
“Everyone had a full night’s sleep, our mattresses are good.”
And when the shop reopened for business the next morning, all the bedding and sheets had of course been changed.
This comes after 61 people were trapped in a Yorkshire pub for three nights last week.
The several people trapped in the Tan Hill Inn during the storm slept on makeshift beds on the floor, watched movies, had a quiz night and enjoyed a buffet meal.
Some guests even claimed they didn’t want to leave the the pub after enjoying the 17th century hotel’s hospitality.
Money
Stocks slide and Trump cancels talks: What’s next for markets and Greenland?
U.S. stocks dip; S&P 500 down 0.9%, as investors react to weak bank earnings and market volatility.
U.S. stocks dip; S&P 500 down 0.9%, as investors react to weak bank earnings and market volatility.
U.S. stocks fell for a second day on Wednesday, with the S&P 500 dropping 0.9% and the Dow Jones losing 164 points. Investors are reassessing record-high levels as major banks report weaker-than-expected earnings.
Wells Fargo shares tumbled more than 5% after disappointing revenue results, while Bank of America is down roughly 7% week to date. Citigroup and Wells Fargo have both seen declines of about 8%, highlighting volatility in the banking sector.
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#StockMarket #SP500 #DowJones #BankEarnings #TrumpNews #Iran #Greenland #Geopolitics
Money
U.S. budget deficit falls to $1.67 trillion
US budget deficit falls to $1.67 trillion amid tariffs; implications of corporate taxes and Supreme Court rulings discussed.
US budget deficit falls to $1.67 trillion amid tariffs; implications of corporate taxes and Supreme Court rulings discussed.
The US budget deficit has dropped to $1.67 trillion in 2025, the lowest in three years, driven by record customs revenue from President Donald Trump’s tariffs. While this marks a positive shift for the economy, challenges loom with potential Supreme Court rulings on tariffs and falling corporate tax receipts.
David Scutt from StoneX explains the key factors behind the decline in the deficit and what December’s figures reveal about the overall fiscal health of the US.
We also explore the potential implications of upcoming Supreme Court decisions and how the One Big Beautiful Bill Act could impact future deficits. Stay informed on what these changes mean for the economy and markets.
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#USBudget #DeficitUpdate #TrumpTariffs #FiscalPolicy #Economy2025 #SupremeCourtImpact #CorporateTaxes #FinancialNews
Money
How to position investments for 2026: Expert advice on market cycles
As 2026 begins, strategic investment positioning and understanding market cycles are crucial for navigating today’s evolving financial landscape.
As 2026 begins, strategic investment positioning and understanding market cycles are crucial for navigating today’s evolving financial landscape.
As 2026 begins, investors are navigating an evolving market landscape. Experts stress that positioning your investments strategically is far more important than trying to predict market movements.
Key factors include focusing on quality companies, maintaining strong cash flow, and diversifying intelligently.
Dale Gillham from Wealth Within Group joins us to break down what defines a major market cycle and why understanding it can shape your investment approach. From identifying inflation-resilient businesses to selectively tapping into growth themes like AI, this discussion covers essential strategies for the year ahead.
We also explore the role of risk management, the importance of an exit strategy, and how emotional decision-making can impact your portfolio. For anyone looking to strengthen their investing education and skills, this episode offers actionable insights to gain an edge in 2026.
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#Investing2026 #MarketCycles #WealthManagement #AIInvesting #FinancialStrategy #RiskManagement #InvestmentTips #TickerNews
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