Where will mortgage rates go from here? Getty Images Since the start of the year, mortgage rates have been trending upwards — and according to many experts, this trend will likely continue through Oct...
Category: Finance
Live Finance News Updates.
Fed Begins to Split on the Need for Speed to Peak Rates
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Federal Reserve officials are starting to stake out differ...
What all that stealing says about America
I recently went to my neighborhood drug store in New York City to buy some Tylenol and saw it was locked up on a plastic shelf—as was much of the store’s stock. We’re used to seeing expensive jewelry ...
Jack Dorsey rips Twitter’s ‘terrible’ board in texts to Elon Musk
If Twitter cofounder Jack Dorsey was hoping to see a culture change in the company’s top brass, Elon Musk would certainly fit the bill. But the Tesla CEO’s first foray into the social media space may ...
Kusama Price Analysis: KSM Looking for a Way Back Inside an Interesting Pattern!
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Ukraine Egg King Faces $1 Billion Fraud Case in the Cowboy State
(Bloomberg) — Tucked below news of the Vienna zoo’s newborn orangutan, Austria’s top-selling newspaper carried a notice in June this year that would have been easy to miss. Most Read from Bloomb...
Flasko (FLSK) Surges While Stellar (XLM) and NEAR Protocol (NEAR) Experience Uncertainty
If you want to begin investing in this market, it makes sense to wonder which cryptocurrency has the most return potential. Stellar (XLM) or NEAR Protocol (NEAR) may seem like the obvious choice to so...
Some Leaking Stops As Russians And West Point Fingers Over Nord Stream Attack
Topline The Danish Energy Agency tweeted Saturday gas appears to have finished leaking out of the ruptured Nord Stream 2 pipeline while Nord Stream 1 continues spilling its remaining fuel into the Bal...
Celsius Network shouldn’t Reopen Custody Withdrawals:- U.S. Trustee
On July 13, Celsius Network Filed bankruptcy under Chapter 11 under bankruptcy rules. In September, Celsius filed a plea in the court to use its Custody Withdrawals to clear its debts. Celsius Netw...
Alex Winter Recalls ‘The Lost Boys’ As The 80s Classic Arrives In 4K
Alex Winter as Marko in ‘The Lost Boys.’ Warner Bros. The Lost Boys landing on 4K UHD just weeks ahead of Halloween is like Christmas has come early fans of the 1987 teen vampire classic. ...
‘Don’t Worry Darling’ And ‘Avatar’ Drop Hard On Friday As ‘Bullet Train’ Tops $100 Million
Olivia Wilde and Florence Pugh in ‘Don’t Worry Darling’ Warner Bros. Discovery In holdover news at the Friday box office, Warner Bros. Discovery’s Don’t Worry Darling took a hit from...
A Day After Putin Announces Annexation, Troops Forced Out Of Lyman
Topline Russia said Saturday it was retreating from the eastern Ukrainian city of Lyman, a day after Russian President Vladimir Putin decreed the city would be brought under Russian control through a ...
One Type Of Inflation Is Caused By Supply Chain Issues (And That Is A Good Thing)
Inflation is broad based. It is unlikely to decrease as supply chain issues disappear. Joseph Plitano Economists are beginning to speak of “immaculate disinflation.” This new concept argues that when ...
Jim Cramer agrees ‘it’s absolutely not the time to go long’
S&P 500 made a new 52-week low on Friday but fame investor Jim Cramer warns the bears are not in a mood to “hibernate” just yet. Economy is still too hot On “Mad Money”, he said the volatility ind...
Underperformance is ‘abysmal’ in the long run for active fund managers
The S&P 500 may be trading around 2022 lows, but a new report finds active managers are having their best year since 2009. The numbers suggest they still have a long way to go, though. S&P Glo...
‘The Fed is breaking things’ – Here’s what has Wall Street on edge as risks rise around the world
Jerome Powell, chairman of the US Federal Reserve, during a Fed Listens event in Washington, D.C., US, on Friday, Sept. 23, 2022. Al Drago | Bloomberg | Getty Images As the Federal Reserve ramps up ef...
Gas Prices Near $4 Again, Continuing 2-Week Climb
Topline Average U.S. gas prices continue to climb back up, increasing for the 14th-straight day Saturday as ongoing issues from the war in Ukraine and Hurricane Ian impact supply – and higher prices a...
Fed’s Preferred Inflation Measure Comes In Hot
Federal Reserve Board Chairman Jerome Powell Friday, Sept. 23, 2022, in Washington. August PCE … [+] inflation came in relatively hot, which may lead the Fed to contemplate further rate increase...
The Next Bullish Catalyst For Oil Markets
Despite the devastation caused by Hurricane Ian, oil markets have been relatively unaffected by hurricane season this year. The next real catalyst for oil prices, short of a significant geopolitical d...
My 2023 Forecast For High-Yield CEFs
Road to success concept and sustainable development idea getty Plenty of folks are starting to look toward the new year, and I’m getting a lot of questions about my outlook for high-yield closed-end f...
Nikola Tries to Ignite Market for Its Hydrogen Fuel-Cell Trucks
As Nikola founder stands trial on securities-fraud charges, a revamped management team is pushing to make the company the first to market hydrogen-powered commercial trucks in the U.S.—and to overcome...
The Rings Of Power’s Slow Burn Finally Erupts
Rings of Power Amazon Yesterday was an explosive episode of The Rings of Power, one that even a skeptic like me could appreciate after my interest had been slowly waning throughout the previous weeks....
Charlie Morton Re-Ups With Braves, Inking $20 Million Deal For 2023
Big-game pitcher Charlie Morton has signed another $20 million deal to start for the Atlanta Braves. … [+] (AP Photo/Godofredo A. Vásquez) Copyright 2022 The Associated Press. All rights reserve...
BlackRock is Choosing Credit Over Stocks
Investment managers and individuals are showing they’ve had enough with the stock market. Borrowing costs continue to go up, and cheap funds that ignited a formerly bull market have disappeared. When ...
Top 5 Trustswap Launchpad Tokens to Watch in September 2022
Launching innovative new blockchain projects is made possible by the TrustSwap Launchpad, which uses the security of its in-house SmartLock technology. According to the website, there’s a total of 38 ...
Musk Demonstrates Optimus Humanoid Robot For Under $20,000
It was no surprise that Tesla’s AI 2022 kicked off with Optimus, the humanoid robot widely predicted to be the key announcement of the event. Unfortunately, there wasn’t any synchronized twerking with...
Opinion: Big selling wave in stocks makes for a buying opportunity, says Baron manager who has 20% of his fund’s assets in Tesla
Institutional investors have been clearing out of stocks. They sold $42 billion worth in the five weeks ending Sept. 21. That followed $51 billion in sales during the five weeks ending Sept. 7 — the b...