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Top Wall Street analysts bet on these stocks to brace for a sharp downturn
In this article ADI MCHP FANG VMW Follow your favorite stocksCREATE FREE ACCOUNT VMware at the NYSE, Dec. 14, 2021. Source: NYSE Investors’ attention has returned to the Federal Reserve after a hot November jobs report last week. That’s because even though the central bank has pushed interest rates higher, the economy continues to add…
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November job growth likely slowed but will still show strength despite layoffs, hiring freezes
Workers sort packages at a FedEx Express facility on Cyber Monday in Garden City, New York, on Monday, Nov. 28, 2022. Michael Nagle | Bloomberg | Getty Images Job growth in November was expected to have slowed while remaining strong, even in the face of layoffs and job freezes at major companies. The economy is…
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Clint Eastwood’s “Unforgiven” Movie Ranch Lists For $19.2 Million
The 1992 film Unforgiven, directed by and starring Clint Eastwood, was one of the most critically acclaimed Westerns of the 1990s. The recipient of four Academy Awards (best picture, best director, best supporting actor and best editing), the film was selected for preservation in the Library of Congress National Film Registry. It was also a…
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PREPA fuel line lenders reach deal giving them priority over bondholders
Puerto Rico Electric Power Authority fuel line lenders reached a deal with the Oversight Board that would give them priority over bondholders’ treatment in the authority’s debt restructuring. The fuel line lenders’ $700 million claim would receive new PREPA bonds, the board said Thursday night in announcing the deal. “The principal to be paid on…
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Von der Leyen promises EU help for companies lured by US green subsidies
The EU must “simplify and adapt” its rules on state aid to counteract the competitive effects of the US’s new $369bn climate package, European Commission president Ursula von der Leyen said on Sunday. Europe should “adjust our own rules to make it easier for public investments”, von der Leyen said in her first public response…
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How to keep your cryptocurrency safe after the FTX collapse
The fall of the FTX crypto exchange forced many to reconsider their overall approach to investments — starting from self-custody to verifying the on-chain existence of funds. This shift in approach was driven primarily by the lack of trust crypto investors have in the entrepreneurs after being duped by FTX CEO and co-founder Sam Bankman-Fried…
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Demand for Cryptocurrency Miners Rises in Russia Amid Low Prices of Hardware
Russia’s market for specialized crypto mining equipment has been seeing high demand over the past couple of months, with buyers attracted by the low price tags. Russian experts also predict an increase in the supply of used coin minting hardware as large foreign companies leave the industry. Russian Demand for Powerful ASIC Miners Skyrockets in…
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Texas school bond guarantee program’s available capacity shrinks
A top-rated Texas program that guarantees public school bonds may be nearing a shutdown after its projected available capacity fell to just $653 million at the end of October. The big drop from $3.52 billion at the end of September comes amid a huge wave of voter-approved school debt in the state. The Texas Permanent…
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An uphill battle could await activist Trian as the firm snaps up a stake in Disney
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Handout | Getty Images Entertainment | Getty Images Company: Walt Disney (DIS) Business: Disney is one of the most iconic entertainment companies globally. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. Disney engages in film and TV…
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Stocks making the biggest moves premarket: Marvell Technology, Horizon Therapeutics, DoorDash and more
In this article PD DASH HZNP ZS MRVL Follow your favorite stocksCREATE FREE ACCOUNT Marvell Technology Group Source: marvell.com Check out the companies making headlines before the bell: Marvell Technology (MRVL) – The chip maker’s stock slid 4.9% in the premarket after quarterly sales and profit fell short of Wall Street estimates. Marvell also issued…
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The FTX collapse continues to unfold, BlockFi announces bankruptcy filing and Kraken settles a sanctions breach: Hodler’s Digest, Nov. 27 – Dec. 3
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week BlockFi files for bankruptcy, cites FTX collapse for its troubles…
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Mortgage Rates Fall As Inflation Eases And Fed Signals Smaller Hikes Ahead
Mortgage rates fell to a two-month low this week as bond investors bet inflation will continue easing and the Federal Reserve signaled it will slow its pace of rate hikes. The average U.S rate for a 30-year fixed mortgage dropped to 6.49% while the average rate for a 15-year fixed home loan fell to 5.76%,…
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UK property demand slides 44% after market-rocking mini-budget, study shows
Estate agents “Sold” and “For Sale” signs outside residential properties in the Maida Vale district of London, UK, on Thursday, June 30, 2022. Bloomberg | Bloomberg | Getty Images Demand for U.K. residential properties has nearly halved following September’s government budget that spooked financial markets and toppled the prime minister, research Monday showed. The fiscal…
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Federal funds help repair water and waste lines after Kentucky floods
Flood-stricken Kentucky counties still struggling to repair water networks are set to receive $10.6 million in federal assistance to help turn the taps back on, Gov. Andy Beshear said in a press conference Thursday. “Water and sewage infrastructure will be the largest cost of rebuilding,” Beshear said, revealing the state’s most recent damage assessment for…
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Sam Bankman-Fried’s trading shop was given special treatment on FTX for years
Alameda Research was allowed to exceed normal borrowing limits on the FTX exchange since its early days, Sam Bankman-Fried has said, in a concession that illustrates how the former billionaire’s trading shop enjoyed preferential treatment over clients years before the 2022 crypto crisis. In an interview with the Financial Times, the 30-year-old described the outsized…
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Munis better positioned heading into year end
Municipals were little changed Friday as U.S. Treasuries pared back losses to end the day mixed after the morning shock of the hotter-than-expected jobs report sent them selling off. Equities ended mixed. The three-year muni-UST ratio Wednesday was at 62%, the five-year at 69%, the 10-year at 74% and the 30-year at 97%, according to…
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Goldman Sachs warns traders of shrinking bonus pool as Wall Street hunkers down
In this article GS Follow your favorite stocksCREATE FREE ACCOUNT David Solomon, chief executive officer of Goldman Sachs, speaks during the Milken Institute Global Conference in Beverly Hills, April 29, 2019. Patrick T. Fallon | Bloomberg | Getty Images Goldman Sachs traders and salespeople will have to contend with a bonus pool that’s at least…
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Stocks making the biggest moves midday: Zscaler, Marvell Technology, DoorDash and more
In this article ASAN PD DASH HZNP MRVL ZS Follow your favorite stocksCREATE FREE ACCOUNT Zscaler rings the opening bell at the Nasdaq exchange in New York, March 16, 2018. Source: Nasdaq Check out the companies making headlines in midday trading. Zscaler – The cloud security company’s shares dipped 10.7% following its quarterly earnings report,…
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Price analysis 12/2: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI
Non-farm payrolls in the United States rose by 263,000 in November, exceeding economists’ expectations of an increase of 200,000. Analysts believe that the numbers remain hot and do not allow much scope for the Federal Reserve to slow down its aggressive rate hikes. This is contrary to Fed Chair Jerome Powell’s remarks delivered at the Brookings Institution…
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Artful Contemporary Enjoys A Quiet Haven Close To Las Vegas
Set just south of its glitzy sister, Las Vegas, is Nevada’s second-largest city: Henderson. In some ways, it seems a world away. Exuding many small-town aspects, the city boasts farmers markets, 180 miles of trails, a pond-filled bird-viewing preserve and lion sanctuary. The nearly $7.5 million home is the master-planned MacDonald Highland’s community of Henderson,…
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