Jeremy Hunt, chancellor, will on Thursday seek to restore Britain’s tarnished economic reputation with a massive package of tax rises and spending cuts intended to repair the public finances and tame inflation. “We will face into the storm,” he will say. Hunt’s Autumn Statement will intensify the financial hardship facing millions of Britons and begin
Municipals rallied across the yield curve Wednesday, outperforming U.S. Treasuries and seeing the greatest gains out long after stronger retail sales data signaled the Fed’s tightening is not yet over, pushing equities into the red. Retail sales increased 1.3% in October, slightly above the consensus forecast of 1.0% and a significant improvement from the flat
The request for a stay on implementation of the Puerto Rico Highways and Transportation Authority plan of adjustment was rejected by U.S. District Court for the Southern District of New York Judge Laura Taylor Swain on Tuesday. The current and former HTA employees that sought the stay, will turn to the U.S. Court of Appeals
Drought conditions are worsening in the U.S., and that is having an outsized impact on the real estate that houses the internet. Data centers generate massive amounts of heat through their servers because of the enormous amount of power they use. Water is the cheapest and most common method used to cool the centers. In
Trend lines are a way for you to predict price because technical analysis is based on future predictions. Trend Lines – Trend lines have to hit the price points two or more times – You can have a positive or negative trend – They help you look at the future – They can change angles
Donald Trump has launched a third bid for the White House, firing the starting gun on the 2024 presidential election cycle just one week after midterm elections in which many of the Republicans he endorsed underperformed expectations in races up and down the ballot. “In order to make America great and glorious again I am
The Puerto Rico Electric Power Authority fuel line lenders said they have a document to stop the Oversight Board from getting its proposed restructuring approved. The document, the board’s agreement with former PREPA fuel provider Vitol for its support of the restructuring, will make it very difficult for the judge to accept Vitol as a
The Wisconsin Counties Association is studying the feasibility of securitizing counties’ share of a $26 billion national settlement with pharmaceutical companies sued for their role in distributing deadly and addictive painkilling drugs. The counties group is awaiting a legal feasibility review before its members would decide if a tobacco-settlement style securitization makes financial sense for
World leaders will state that today’s era “must not be of war” and will condemn threats to use nuclear weapons at the G20 summit in Bali, reflecting rising global anxiety around Russia’s war against Ukraine. A draft communiqué agreed by diplomats, seen by the Financial Times and confirmed by two delegations, said: “Most members strongly
Tracey Ryniec and Sheraz Mian take a look at a hot fitness center operator and a cheap big bank. Planet Fitness: https://www.zacks.com/stock/quote/PLNT?cid=CS-YOUTUBE-FT-VID JP Morgan Chase & Co: https://www.zacks.com/stock/quote/JPM?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
The Missouri Highways and Transportation Commission heads into the market Tuesday with a $489 million new money deal with a new AAA rating attached to the third-lien paper. The commission will take competitive bids on the offering of third-lien state road bonds. PFM Financial Advisors LLC is advising. Gilmore & Bell PC and Bushyhead LLC
Nevada State Treasurer Zach Conine declared victory Friday after a protracted battle for the position against Republican challenger, Las Vegas City Councilwoman Michele Fiore. Conine, a Democrat, and the incumbent, issued a statement after the Nevada Independent named him the winner. “Over the last four years, I’ve made a point to work across the aisle
When the temperatures drop and the winds pick up, we appreciate our homes for the shelter they provide. But we want more than mere comfort; we want our homes to be cozy and relaxing. With the holidays approaching, Pacific Palisades Realtors collaborated with interior design experts Jaqueline Hamilton and Nicola Rodriguez to reveal tips on
Here is what investors need to know about exponential growth in cloud computing and the three ETFs in the space. First Trust Cloud Computing ETF: https://www.zacks.com/funds/etf/SKYY/profile?cid=CS-YOUTUBE-FT-VID Global X Cloud Computing ETF: https://www.zacks.com/funds/etf/CLOU/profile?cid=CS-YOUTUBE-FT-VID WisdomTree Cloud Computing ETF: https://www.zacks.com/funds/etf/WCLD/profile?cid=CS-YOUTUBE-FT-VID Microsoft: https://www.zacks.com/stock/quote/MSFT?cid=CS-YOUTUBE-FT-VID Amazon: https://www.zacks.com/stock/quote/AMZN?cid=CS-YOUTUBE-FT-VID Google: https://www.zacks.com/stock/quote/GOOGL?cid=CS-YOUTUBE-FT-VID Shopify: https://www.zacks.com/stock/quote/SHOP?cid=CS-YOUTUBE-FT-VID Zscaler: https://www.zacks.com/stock/quote/ZS?cid=CS-YOUTUBE-FT-VID Coupa Software: https://www.zacks.com/stock/quote/COUP?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch
Chancellor Jeremy Hunt is planning a big package of spending cuts and tax increases in Thursday’s Autumn Statement after being warned that UK public borrowing will be about £70bn larger than expected. The Office for Budget Responsibility estimates that a worse economic outlook will raise government borrowing close to £100bn in 2026-27, according to an
In this video we will look at trading a back-ratio spreads on TDOC. Teladoc stock has had some trouble recently and struggling to get back to a nice upward trend. Instead it has been in a decline. So how can we trade or play this stock to the upside, but still cap our downside risk?
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This video provides a basic introduction to the notion of valuation ratios — simple guides that attempt to provide a yardstick by which to compare the value of companies. The video also introduces the Price/Earnings ratio (P/E ratio), probably the most well known valuation ratio. Explore the opportunities for unlimited commission-free investing in Stocks &
Sam Bankman-Fried’s main international FTX exchange held just $900mn in easily sellable assets against $9bn of liabilities the day before it collapsed into bankruptcy, according to investment materials seen by the Financial Times. The largest portion of those liquid assets listed on a FTX international balance sheet dated Thursday was $470mn of Robinhood shares owned
Veteran NHL forward Max Pacioretty, who this summer was traded by the Vegas Golden Knights to the Carolina Hurricanes, has listed his home in the Summerlin area of Las Vegas for sale at $11.999 million. The sophisticated single-story, custom built in 2018 and reimagined since then, sits on a half-acre lot in one of Summerlin’s
Chester, Pennsylvania, has filed for Chapter 9 bankruptcy. The petition was filed Thursday in the United States Bankruptcy Court for the Eastern District of Pennsylvania. In its Chapter 9 filing, the city’s receiver listed estimated liabilities of between $100 million and $500 million with assets of between $10 million and $50 million. The city has