Lane Turner | The Boston Globe | Getty Images Sales of existing homes fell 7.7% in November compared with October, according to the National Association of Realtors. The seasonally adjusted annualized pace was 4.09 million units. That is weaker than the 4.17 million units housing analysts had predicted, and it was a much deeper fall
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As the year comes to an end, investors will be keenly watching for a Santa Claus rally on Wall Street as many believe that if the rally does not happen, the next year may either remain flat or turn negative. Jurrien Timmer, director of global macro at asset management giant Fidelity Investments, tweeted on Dec.
I received a client question recently asking if they should become a broker first and then become an independent trader. Their goal was to one day become a successful independent trader. Typically, when you’re a stockbroker, you’re more of a salesperson. You’re the one answering the phone and executing trades for others. Just because you’re
Do you know which investment whales were buying and selling your favorite stocks before the big rally to new highs?
ESG is beset from every angle. Republicans want to cancel it. Business leaders are muffling their former enthusiasm. Some money managers have even scrubbed the three letters from their funds. To meet this fraught moment, brand executives who work with some of the largest US companies, including Amazon.com Inc. and Alphabet Inc.’s Google, have had
UK health secretary Steve Barclay on Wednesday doubled down on the government’s decision not to negotiate on pay with striking NHS staff, as he accused ambulance unions of jeopardising patient safety. The government is braced for severe disruption within the NHS across England and Wales, following the decision by about 10,000 ambulance workers represented by
Municipals were weaker across the curve Tuesday with the short end being hit the hardest, causing the muni curve to invert further. U.S. Treasuries extended their selloff out long and equities reversed losses to close out in the black. Triple-A municipal yields rose up to 10 basis points on the one year, depending on the
Take a look at some of the biggest movers in the premarket: General Mills (GIS) – General Mills reported better-than-expected profit and revenue for its latest quarter, and it raised its full-year forecast. The food producer was helped by higher prices which were only partially offset by increased input costs. The stock slid 1.3% in
I attempted to spend two weeks travelling in El Salvador living on Bitcoin. I tried to pay for every single thing with Bitcoin, or Satoshis, small amounts of Bitcoin. Spoiler alert, I failed. Outfoxed by car hire companies (fortunately my car of choice was not Fiat); stubborn restauranteurs, a parking meter, pupusas, and a fancy
The American Institute of Architects’ fourth quarter Home Design Trends Survey of its members reflects the need for affordable housing, resilient communities and sustainability. “The latest results—focusing on neighborhood design—found that popularity for higher-density development and mixed-use facilities continued to flourish in 2022, even with new construction slowing in all housing sectors,” the report summarizes.
A ‘For Rent’ sign in front of a building on December 06, 2022 in Miami Beach, Florida. Joe Raedle | Getty Images Rents for both single-family homes and apartments are still rising, but at a far slower pace, as inflation squeezes consumers and landlords lose pricing power. Rent growth in November slowed for the tenth
Litecoin snapped a recent bear run on Tuesday, as cryptocurrency prices moved marginally higher. The token was up by nearly 3% in today’s session, ending a six-day losing streak in the process. Chainlink was also in the green, as it rebounded from a key support point. Litecoin (LTC) Litecoin (LTC) snapped a six-day losing streak
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CONN and SIG are both profiled as growth stocks. Conn: https://www.zacks.com/stock/quote/CAT?cid=CS-YOUTUBE-FT-VID Signet: https://www.zacks.com/stock/quote/SIG?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
Municipals were weaker by a basis point or two Monday, while U.S. Treasuries saw larger losses across the curve and equities ended down following continued central bank assertions on raising rates. “U.S. stocks were unable to hold onto gains as recession worries run wild and as global bond yields surge higher after former Fed’s Dudley
A Russian court has ordered the seizure of a luxury hotel complex owned by billionaire Oleg Deripaska, one of the few oligarchs to have criticised President Vladimir Putin’s war in Ukraine, in a sign of the pressure facing the country’s tycoons since the invasion. The legal dispute, following an initial claim brought by a science
S&P Global Ratings lifted the University of Illinois back into the double-A category citing the flagship public university’s surpluses and healthier state government finances that reduce the threat of aid cuts. S&P last week raised the rating to AA-minus from A-plus. The upgrade impacts auxiliary facilities system revenue bonds and certifications of participation. The university
Tel Aviv’s Magistrate Court has reportedly issued a ruling allowing Israel’s government to seize all the crypto in more than 150 digital wallets that it has blacklisted for allegedly funding terrorist groups. According to a Dec. 18 local Israeli media report, Israeli Defense Minister Benny Gantz says the court’s Dec. 15 ruling has already allowed authorities
In this article AJRD TSLA MESA SBGI Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Aerojet Rocketdyne (AJRD) – Aerojet Rocketdyne agreed to be bought by rival defense contractor L3Harris Technologies (LHX) for $4.7 billion, or $58 per share in cash. Aerojet Rocketdyne rose 2% in the premarket,
The Nigerian government will reportedly soon pass a law that will recognize the usage of Bitcoin (BTC) and other cryptocurrencies as a means to keep up to date with “global practices.” The news was reported by Nigerian-based masthead Punch Newspapers on Dec. 18 following an interview with House of Representatives Committee on Capital Markets Chairman