Aerial photo shows a rural residential area in Chengdong town of Hai ‘an City, East China’s Jiangsu Province, April 1, 2023. Future Publishing | Future Publishing | Getty Images China’s real estate troubles are accelerating. Prospective home buyers are holding back on making purchases, leading to weak sales that compound the urgent need for policymakers
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In this article NIO AMAT EL Follow your favorite stocksCREATE FREE ACCOUNT American multinational skincare and beauty products brand Estée Lauder’s logo seen in Hong Kong. Budrul Chukrut | Lightrocket | Getty Images Check out the companies making headlines before the bell Friday. Palo Alto Networks — Shares of the cybersecurity company edged 1.8% lower
A residential complex constructed by Evergrande in Huai’an, Jiangsu, China, on July 20, 2023. Future Publishing | Future Publishing | Getty Images China’s heavily indebted property developer Evergrande group on Thursday filed for Chapter 15 bankruptcy protection in a U.S. court. In a filing to the Manhattan bankruptcy court, the firm sought recognition of restructuring
A Restaurant Stock From a Prospering Industry and a Strong Buy With a Strong Value Score. Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
China’s central bank has stepped up defence of its currency as concerns mount over the health of the world’s second-largest economy. The efforts by the People’s Bank of China to arrest a slide in the renminbi follow a series of gloomy economic data releases this week that showed weakening exports and waning consumer confidence. Foreign
Municipals were weaker Thursday as outflows from muni mutual funds returned and U.S. Treasuries saw yields rise out long. Equities sold off. Triple-A benchmarks were cut three to nine basis points, depending on the scale, while UST yields rose up to four basis points out long, pushing the 10- and 30-year to multi-year highs. The
Municipal-bond investors have to assess an unusual risk as part of a $113 million bond offering next week: The historic strikes that are paralyzing business for much of Hollywood. The seller of the debt, a group affiliated with the Academy of Motion Picture Arts and Sciences, is familiar to muni-market participants because it has issued
The costs to purchase a new home right now continue to escalate, putting it out of reach for much of the population, driving more households to stay in place and do what they can to maintain, repurpose and reimagine their homes. Many of the households currently on 15- and 30-year mortgage payment plans are at
Two more stocks for your aggressive growth radar screen. Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
Foreign investors have dumped Chinese stocks and bonds after losing confidence in Beijing’s promises of more help to shore up the country’s wobbling economy. Financial Times calculations based on data from Hong Kong’s Stock Connect trading scheme show that investors have almost completely reversed Rmb54bn ($7.4bn) in net purchases of Chinese equities that followed a
Municipals were mixed Wednesday amid another busy new-issue day led by the University of California Regents in the negotiated space and gilt-edged Tennessee in the competitive market. U.S. Treasuries were weaker again, pushing the 10-year UST to a high not seen since 2008. Equities ended the trading session down. Triple-A benchmarks saw cuts out long,
Last week’s pricing of $705.1 million of bonds for the NFL Tennessee Titans’ new stadium helps cement its place at the top of the list for American stadium subsidies. The Sports Authority of the Metropolitan Government of Nashville and Davidson County priced the deal Aug. 9. Proceeds help finance the construction of what boosters call
There’s a lot of people that try to learn day trading, and the big reason for that is because they think it’s a way to make money fast, which is not always the case. But if you’re doing day trading, you need to make sure you’re evaluating stock charts correctly. Today I’m going to share
Despite persistent predictions that a recession is imminent, the U.S. economy has fared surprisingly well. The first half of 2023 notched two quarters of positive growth, while a strong labor market and resilient consumer spending bodes well for the months to come. Gross domestic product, which tracks the overall health of the economy, rose more
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Lower gas and electricity prices drove a sharp drop in UK inflation to 6.8 per cent in July from 7.9 per cent the previous month, the lowest rate of price increases since February last year. The figure met economists’ expectations and will come as a modest relief after wage data on Tuesday was surprisingly strong, highlighting the work
The New York Stock Exchange welcomes executives and guests of Cava in celebration of its initial public offering, June 15, 2023. NYSE Check out the companies making headlines in extended trading. H&R Block — The tax preparer rose nearly 5.9% after posting quarterly earnings per share of $2.05 that beat Wall Street’s expectations of $1.88,
Municipals were mixed in secondary trading Tuesday amid an active primary that saw two large airport deals from Dallas-Fort Worth and Atlanta price. U.S. Treasuries were also mixed, and equities sold off. The two-year muni-to-Treasury ratio Tuesday was at 63%, the three-year at 63%, the five-year at 63%, the 10-year at 65% and the 30-year
The Federal Emergency Management Agency’s response to the wildfires that took the Hawaiian island of Maui by storm will likely add pressure to negotiations to replenish its already dwindling Disaster Relief Fund, which will be a major focus when Congress returns from recess Sept. 5. The wildfires that destroyed at least 20 square miles, 13,000
Many of the 50 million Americans who suffer from allergies don’t realize that changes to their home environment can ease their discomfort. Most of the messaging they see – especially the countless advertisements – focuses on medication. There are other options, and they generally don’t come with potential health-related side effects. I interviewed three experts
In recent years millions have moved abroad to retire due to a high cost of living. How do you get over the hurdles to relocate abroad?
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