The Roku 3 television streaming player menu is shown on a television in Los Angeles, California, U.S., on Thursday, Sept. 12, 2013. Patrick T. Fallon | Bloomberg via Getty Images Check out the companies making headlines after the bell: Roku — Shares of video-streaming company dropped 12% in extended trading after the firm’s fourth-quarter revenue missed
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Federal Reserve Bank of Cleveland President Loretta Mester said she supports raising interest rates next month and tightening policy at a faster pace if needed to curb inflation. “I believe it will be appropriate to move the funds rate up in March and follow with further increases in the coming months,” Mester said Thursday in
Renowned architect John F. Kelsey left his mark throughout Southern California. Perhaps most famously, he partnered with USC classmate Thornton Ladd to create what is now known as Pasadena’s Norton Simon Museum. Their shared belief was that space can be art too. Ladd & Kelsey are also credited with USC’s Student Activities Complex, the CalArts
Rohit Chopra, director of the Consumer Financial Protection Bureau. David Ryder/Bloomberg via Getty Images The Biden administration is trying to empower consumers to help rewrite the rules governing how banks, lenders and other financial institutions can treat customers. The Consumer Financial Protection Bureau — a federal agency created in the wake of the 2008 financial
Bitcoin (BTC) fell further with stocks on the Wall Street open Thursday as nervous markets awaited further U.S. economic policy cues and battled geopolitical tensions. Macro conditions stay grim for stocks, crypto Data from Cointelegraph Markets Pro and TradingView showed BTC/USD losing the $42,000 mark for the first time in several days at the start of
Illinois’ proposed budget puts the state on track for a possible upgrade, Fitch Ratings suggested in a report published Wednesday. Fitch rates Illinois BBB-minus, one notch below S&P Global Ratings and Moody’s Investors Service, which both upgraded the state last year. What Fitch ultimately does hinges on the final budget adopted by lawmakers. The state’s
Ryan McQueeney uses Steelcase (SCS) and Buckle (BKE) as examples of what dividend investors should look for when considering low-priced stocks. Steelcase: https://www.zacks.com/stock/quote/SCS?cid=CS-YOUTUBE-FT-VID Buckle: https://www.zacks.com/stock/quote/BKE?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
In this article ABNB RBLX Many companies appear to be ill-equipped to thrive in a post-Covid world, CNBC’s Jim Cramer said Wednesday. “I have not seen a lot of companies who are prepared for post-pandemic. I’ve seen a lot of companies that were kind of banking on a little more pandemic,” Cramer said. The “Mad
In this article NVDA SAM TRIP CSCO AMAT CAKE FSR FSLY DASH A DoorDash sign is pictured on a restaurant on the day they hold their IPO in New York, December 9, 2020. Carlo Allegri | Reuters Check out the companies making headlines after the bell: DoorDash — DoorDash shares surged more than 32% in
Republicans’ procedural blockade of President Biden’s Federal Reserve nominees has left Senate Democrats with few options and could delay for months the revamp of the central bank’s board, according to analysts and political strategists. The 12 GOP members of the Senate Banking Committee decided not to show Tuesday for a scheduled vote by the panel,
Topline Disney’s theme park division is developing master-planned residential communities that the company claims will meet demand from fans looking for “new ways to make Disney a bigger part of their lives,” the latest project in the Mouse House’s decades-long efforts to expand into residential development. Key Facts “Storyliving by Disney” communities will be master-planned
A worker makes repairs to a home under construction at the Lennar Bridgeway home development on December 15, 2021 in Newark, California. Justin Sullivan | Getty Images Supply chain issues for homebuilders appear to be getting worse, and that is weighing on confidence in the industry. Builder confidence in the single-family, newly built housing market
Bitcoin (BTC) and the US equity markets are facing selling on Feb. 16 as traders seem to be trimming positions in assets perceived to be risky on the accusation by NATO that Russia continues to build troops near the Ukrainian border. This is contrary to claims by Moscow that Russian troops are returning to their
United Arab Emirates (UAE)’s Ministry of Economy has joined hands with the Arab Federation of Capital Markets (AFCM) to kickstart a challenge that encourages fintechs to create a know-your-customer (KYC) verification system based on blockchain technology. Trustworthiness of Data on the Blockchain The AFCM has, in conjunction with the UAE’s Ministry of Economy, launched a
Municipal triple-A yield curves were cut up to six basis points Tuesday in another day of selling pressure exacerbated by losses in U.S. Treasuries while equities rallied on easing Russian/Ukraine tensions. The municipal to UST ratio five-year was at 74%, 84% in 10 and 89% in 30, according to Refinitiv MMD’s 3 p.m. read. ICE
New data reveals that the Ethereum network gained 18.36 million addresses with a balance greater than zero in 2021. That works out to an astonishing growth rate of 1.53 million new addresses per month, but competition is becoming increasingly fierce for market share. Blockchain intelligence firm IntoTheBlock shared its findings about Ethereum in a Feb.
Inflation in the U.S. may not be able to go any higher in the current economic cycle, CNBC’s Jim Cramer said Tuesday on the heels of yet another hot price index report. “I think this is the highest I’ve ever seen these numbers, and they merit attention, they merit what Mr. Bullard said yesterday, and
In this article ABNB The Airbnb logo is seen on a little mini pyramid under the glass Pyramid of the Louvre museum in Paris, France, March 12, 2019. Charles Platiau | Reuters Check out the companies making headlines in after hours trading: Airbnb — Shares of the property rental company advanced 5% during extended trading
The Puerto Rico House of Representatives approved money for the central government’s Plan of Adjustment Tuesday, setting the stage for dollars to begin flowing to bondholders who have not been paid since the island defaulted on its debt in 2016. The measure authorizes spending $10.9 billion from past years’ revenues for paying various Plan of
Winter seems to stretch endlessly for many who live in “snow-centric” climates. CNN recently ran the headline: “A bomb cyclone with the power of a hurricane will unleash snow and blizzard-like conditions this weekend.” How’s that for a warm thought? Given the headlines, now may be the time to consider buying that warm-weather getaway. To