video Crypto decline is not a ‘surprise’: Ryan Payne Payne Capital Management President Ryan Payne shares his outlook on stocks and bonds, as well as the state of the crypto industry following Federal Reserve Chairman Powell’s testimony before Congress. Crypto’s latest headache could be a big class action lawsuit filed on behalf of retail investors against top U.S. crypto exchanges. […]
Read morevideo ‘Million Dollar Listing’ star Josh Altman on the current state of luxury real estate Josh Altman spoke to FOX Business about the luxury real estate market and the impact of the new “mansion tax” in Los Angeles. The rising cost of living and long-term price increases of residential properties in U.S. coastal markets is pushing out-of-state real estate investors […]
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Investors looking to diversify their income-generating portfolio should have a look at 10 global stocks that look attractive in the current market based on their respective dividend scores. These came up on Fintel’s Dividend Yield and Quality Leaderboard. Using a combination of current dividend yield and dividend growth, the leaderboard generates a score that ranks companies from 0 to 100, with 100 being […]
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The fourth quarter 2022 earnings season is almost over, with 99% of S&P 500 companies reporting actual results (as of last week). Of these, 69% of the companies have posted a positive EPS surprise, while about 65% have reported a positive revenue surprise. The blended earnings decline for the S&P 500 is -4.6%, the first ever year-over-year decline for the […]
Read morevideo FOX Business Flash top headlines for March 7 Check out what’s clicking on FoxBusiness.com A new supplier problem has stymied deliveries of Boeing's 767 freighter and KC-46 tanker, the company confirmed on Tuesday. According to a March 6 report by aviation publication The Air Current, Boeing has not delivered any 767-based jets in 2023 due to a quality issue […]
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Gold futures settled lower on Tuesday as the dollar climbed higher after Federal Reserve Chair Jerome Powell said the central bank will likely raise interest rates higher than earlier thought to fight inflation. Citing stubbornly elevated inflation and stronger than expected economic data, Powell said during his semiannual monetary policy testimony before the Senate Banking Committee that “ultimate level of […]
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This report was sent to Briefing.com subscribers earlier today. Upgrades: > Costco (COST) upgraded to Buy from Neutral at Northcoast; tgt $560 > Mercantile Bank (MBWM) upgraded to Overweight from Neutral at Piper Sandler; tgt raised to $40 Downgrades: > Artisan Partners Asset Mgmt (APAM) downgraded to Sell from Neutral at Goldman; tgt lowered to $27 > Gossamer Bio (GOSS) […]
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Premarket action on Tuesday had the three major U.S. indexes trading higher. The Dow Jones industrials were up 0.04%, the S&P 500 up 0.14% and the Nasdaq 0.25% higher. Seven of 11 market sectors closed higher on Monday. Technology (0.53%) and communication services (0.46%) rose the most. Materials (−1.65%) and consumer cyclicals (−0.71%) posted the day’s worst losses. The Dow […]
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The hub-and-spoke cross-border payment model for central bank digital currency (CBDC) developed by the Bank for International Settlements (BIS) would offer potential benefits for both the banks and retail users, the organization said in a new report. The model represents a part of the BIS’s “Project Icebreaker,” which aims to give central banks almost complete control over CBDC while providing […]
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