Traders work on the floor of the New York Stock Exchange. NYSE I have several friends in the restaurant business. For the past few weeks, I’ve heard the same story every weekend: business is fabulous, and we can’t get enough help. This week, several of those restaurant people asked me what was going on with these Covid
Check out the companies making headlines before the bell: Travelers – The insurance company earned $3.45 per share for its second quarter, easily beating the consensus estimate of $2.39. Revenue also topped forecasts, with Travelers benefiting from higher premiums, improved investment returns and lower catastrophe losses. Nasdaq – Nasdaq shares rose 1% in the premarket after
Bitcoin (BTC) failed to regain $30,000 after losing support on July 20 as fear & greed indices raced each other to the bottom. BTC price stays below $30,000 waterline Data from Cointelegraph Markets Pro and TradingView showed BTC/USD continue trading in the $20,000-$30,000 zone on Tuesday. The largest cryptocurrency saw a turbulent night’s price action, abruptly
House or apartment hunting can be a fun and exciting prospect. While the qualities you want in your new space may be obvious—like a wood-burning stove, a fenced-in yard or a spacious master bedroom—qualities to look for (or more importantly, avoid) in a real estate agent may not be quite so clear. Choosing the right
The Evergrande Group or Evergrande Real Estate Group logo of a Chinese real estate company is seen on a smartphone and a PC screen. SOPA Images | LightRocket | Getty Images BEIJING — The Hong Kong-listed shares of China Evergrande Group fell Tuesday to four-year lows following news of an asset freeze that renewed attention
The National Federation of Municipal Analysts has completed work on a white paper calling for targeted emergency event disclosures from state and local governments. The document, dated June but announced earlier this month by NFMA, is the final draft of a paper first floated in March. While the paper focuses on COVID-19 disclosure, NFMA has
Tesla and Spacex CEO Elon Musk has continued to tweet about the meme cryptocurrency dogecoin. He has changed his profile image on Twitter to include an image of the Shiba Inu dog that represents dogecoin. He also tweeted that his son is “hodling his Doge like a champ.” Meanwhile, dogecoin’s trading volumes soared 1,250% in
Municipals underperformed a flight-to-safety rally in U.S. Treasuries as COVID-19 and its variants surge around the globe, pushing edgy investors to flee the stock market, as some contemplate the idea the economic recovery has peaked, and will potentially regress from the virus’ effects. Municipal triple-A benchmarks were pushed to lower yields by one to three
European equities were heading for their worst session of the year as the growing threat of the Delta coronavirus variant triggered falls in global share markets and commodities, while investors sought havens in government bonds and gold. Europe’s region-wide Stoxx Europe 600 lost 2.7 per cent, the biggest drop since October, while London’s FTSE 100
Co-founder and director of Netflix Reed Hastings delivers a speech as he inaugurates the new offices of Netflix France, in Paris on January 17, 2020. Christophe Archambault | AFP | Getty Images As second-quarter earnings season kicks into gear, Wall Street analysts are highlighting the stocks that are poised to deliver impressive quarterly performances. The
A view of the Norwegian Encore cruise ship during its inaugural sailing from PortMiami, which took place from Nov. 21-24, 2019. Orlando Sentinel | Tribune News Service | Getty Images Check out the companies making headlines in midday trading. State Street — The financial firm’s shares rose 2.6% after beating on the top and bottom
Pinterest, YouTube, and Instagram have been the go-to for interior design inspiration in recent years, but TikTok is beginning to rival these platforms. While many people associate TikTok with Generation Z dance trends, it is also a great place for interior designers, hobbyists, and experts to share their tips, how-to advice, shopping hauls, etc. I
Fannie Mae and Freddie Mac are dropping a fee on mortgage refinances that was instituted during the pandemic, lowering costs for borrowers, the Federal Housing Finance Agency said Friday. Fannie and Freddie were charging lenders a 50 basis-point fee for all loans that were delivered to the two mortgage giants. The fee, designed to cover
Connecticut Treasurer Shawn Wooden grew up in Hartford’s impoverished North End. “I know how the cycle of poverty helped push people back,” he said. That helped shape his push for his “passion project” for the past legislative session — CT Baby Bonds. The program, which Wooden calls first in the nation, took effect June 30
Bulls: -The stock market is going up -There is positive momentum -The term “bulls” is used because of the way a bull attacks (on an upward pattern) -The phrase “a bull for McDonald’s” means you are long or positive on McDonald’s Bears: -The stock market is going down -There is negative momentum -The term “bears”
Introduction to the Zacks Rank and how using it can help you become a better investor.
In this video David explains the idea of profiting when the price of an instrument is going down. This is one of the main aspects of the market and its participants and more importantly, it’s something that traders can take advantage of – no matter where the market is headed, a profit can be made
Florida has seen 14 straight months of job growth, gaining 69,300 private sector jobs in June, the state’s Department of Economic Opportunity said Friday. June’s increase was more than double the May gain of 34,600 jobs and the largest rise of the year. Since the height of the pandemic in April 2020, Florida has gained
Opec and its allies have reached an agreement to raise oil production at a time of soaring prices after compromising over how the output targets of some of its largest members are calculated. Members of the Opec+ group including the UAE, Saudi Arabia, Russia, Iraq and Kuwait will all be awarded higher production baselines —
In this article ABG sturti | E+ | Getty Images Company: Asbury Automotive Group Inc. (ABG) Business: Asbury Automotive Group is an automotive retailer in the United States. It offers a range of automotive products and services, including new and used vehicles; and vehicle repair and maintenance services, replacement parts, and collision repair services. The