New Mexico rebate checks of up to $1,000 will soon start hitting the bank accounts of eligible taxpayers in about two weeks’ time. Last month, Governor Michelle Lujan Grisham informed that the latest round of rebates would go out in mid-June. Who Will Receive The Rebate Money? New Mexico will use the fiscal year surplus from high oil prices to […]

Russia-based Rosbank launched a new service on Friday that enables cross-border settlements using cryptocurrencies. Rosbank, the first Russian bank to launch such a service, is one of the country’s banks in the West’s sanctions package to limit Moscow’s war efforts in Ukraine. Rosbank Taps Russian Fintech Firm to Enable Cross-Border Crypto Payments Rosbank, one of the biggest Russia-based banks, launched […]

Premarket action on Friday had the three major U.S. indexes moving nicely higher. The Dow Jones industrials were up 0.53%, the S&P 500 up 0.51% and the Nasdaq 0.48% higher. The Senate on Thursday passed the bill already passed by the House of Representatives, taking the lid off the federal debt ceiling until early 2025. After some clean-up, the bill […]

Fintel reports that on June 1, 2023, Goldman Sachs maintained coverage of American Airlines Group (NASDAQ:AAL) with a Neutral recommendation. Analyst Price Forecast Suggests 16.26% Upside As of May 11, 2023, the average one-year price target for American Airlines Group is 17.18. The forecasts range from a low of 9.60 to a high of $27.30. The average price target represents […]

Fintel reports that on May 31, 2023, Goldman Sachs initiated coverage of SeaWorld Entertainment (NYSE:SEAS) with a Buy recommendation. Analyst Price Forecast Suggests 38.23% Upside As of May 11, 2023, the average one-year price target for SeaWorld Entertainment is 77.41. The forecasts range from a low of 58.58 to a high of $94.50. The average price target represents an increase […]

Save articles for later Add articles to your saved list and come back to them any time. Bank of Queensland has breached prudential standards and fallen short in its compliance with anti-money laundering laws, prompting regulators to force it to hold an extra $50 million in capital and sign court-enforceable undertakings. The regional lender on Wednesday morning said it had […]

Gold futures failed to hold gains and settled roughly flat on Friday. Gold prices moved higher earlier in the session as the dollar came off 2-month highs. The dollar index, which dropped to 103.85, recovered to 104.42 around late morning before paring gains and easing to 104.23, down marginally from the previous close. The dollar eased from a two-month high […]

Treasuries saw considerable volatility over the course of the trading session on Friday before eventually ending the day roughly flat. Bond prices spent most of the day swinging back and forth across the unchanged line. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, edged down by less than a basis point to 3.810 percent. […]

Premarket action on Friday had the three major U.S. indexes trading higher. The Dow Jones industrials were up 0.14%, the S&P 500 up 0.19% and the Nasdaq 0.35% higher. Nvidia Corp. (NASDAQ: NVDA) lit up the Nasdaq 100 on Thursday, pushing the index and the Invesco QQQ Trust (NASDAQ: QQQ) to a one-day gain of 2.4% and 12-month gain of […]