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Wall Street’s top analysts say buy these stocks amid the market uncertainty
Intel Foundry Services will manufacture multiple chips for MediaTek for a range of smart edge devices, the two companies said on Monday. Fabian Bimmer | Reuters Markets are expected to remain volatile for the remainder of the year or at least until inflation shows some sign of stabilizing without jeopardizing economic growth. Indeed, stocks sold…
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MakerDAO co-founder recommends DAI-USD depegging to limit attack surface
In light of the recent discussions around depegging its native token from USD Coin (USDC) amid sanctioning of Tornado Cash, MakerDAO co-founder Rune Christensen reached out to the community explaining why free-floating DAI may be the only choice for the decentralized autonomous organization (DAO). In his blog post, “The Path of Compliance and the Path…
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Stocks making the biggest moves after hours: Ulta Beauty, Gap, Affirm, Marvell Technology and more
Pedestrians walk past a Gap Inc. store in Shanghai, China. Qilai Shen | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Affirm — The buy-now-pay-later darling’s shares slid nearly 14% after hours when it reported a bigger-than-expected quarterly loss of 65 cents per share, according to Refinitiv. It also issued…
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Former ‘American Idol’ Producers List Central Coast Winery For $22 Million
Former “American Idol” producers Nigel Lythgoe and Ken Warwick listed their California winery for $22 million earlier this month. Warwick and Lythgoe bought the 160-acre Paso Robles property for $5.2 million in 2005. Originally, the investment property was supposed to include “American Idol” creator Simon Fuller, host Ryan Seacrest and judge Simon Cowell, Warwick said.…
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Mortgage denial rate for Black borrowers is twice that of overall population, report finds
In this article TREE Mark Hunt | Disabilityimages | Getty Images Owning a home is one of the key ways to build wealth. But for aspiring Black homeowners, that can be a difficult milestone to reach, according to a new report from LendingTree. Research from the online loan market company finds the mortgage denial rate…
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CRISPR Gene Editing: Owning the Future of Medicine
In the Century of Biology, it pays to own the future of curing disease at the root.
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How а Diverse Stock Portfolio Can Reduce Risk
This video discusses some specific types of risk that a stock investor faces and works through some simple examples to illustrate how diversifying your portfolio can help mitigate some of these risks. Explore the opportunities for unlimited commission-free investing in Stocks & ETFs. – https://www.trading212.com/en/Free-Stock-Trading Download the free native mobile apps now: Trading 212 for…
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WAPA CEO expects to repay pension contributions over time
U.S. Virgin Islands Water and Power Authority CEO Andrew Smith said he expects a court will order WAPA to repay employee pension contributions over time despite the pension organization’s suit demanding immediate repayment. The repayment plan would be to pay off the $2.2 million in past due employee contributions to the system that WAPA owes.…
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New York decongestant: Road pricing plan may help MTA’s bottom line
The New York Metropolitan Transportation Authority is running out of money as federal aid declines and many riders have not returned to the mass transit system in the wake of the COVID-19 pandemic. By the end of fiscal 2024, the MTA estimates federal pandemic relief funds will be exhausted and projects budget gaps of up…
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Textbook economics will not avert this winter’s energy catastrophe
The writer is chief executive of the Resolution Foundation think-tank Economic crises have phases you can almost feel. They ebb and they flow, as the nature and scale of the crisis, and our awareness of it, changes. Single events often crystallise a shift, forcing policymakers to wake up to the fact they are required to…
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Stocks making the biggest moves midday: Affirm, Electronic Arts, Dell, Seagen and more
In this article SGEN PTON FTCH AFRM Electronic Arts (EA) signage is displayed on the back of a chair at the company’s campus in Burnaby, British Columbia, Canada. Ben Nelms | Bloomberg | Getty Images Electronic Arts (EA) signage is displayed on the back of a chair at the company’s campus in Burnaby, British Columbia,…
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Mapping Santa Barbara’s Most Desirable Neighborhoods For Real Estate
Those who say it is more difficult to choose between two rights than two wrongs are correct—just look at the real estate market of Santa Barbara. The dramatic landscape of beaches, bluffs and hills stretches across the central coastal city, and impressive properties line many of its sought-after streets, making the decision of choosing one…
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The rent crisis on Main Street just took a turn for the worse
Brian Snyder | Reuters The Federal Reserve chair Jerome Powell said on Friday there will be “pain” to come in the economy as a result of the central bank’s battle with inflation, and right now, small businesses are experiencing that pain on both sides of the fight. Inflation has been the No. 1 concern of…
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Bitcoin price briefly loses $20K on ‘bunch of nothing’ Powell speech
Bitcoin (BTC) analysts were keen to draw fresh price targets on Aug. 27 after the largest cryptocurrency briefly fell below $20,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Sub-$20,000 BTC price targets stay in place Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $19,945 on Bitstamp the night after hawkish comments from the United…
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How to Buy a Call Option and How it Makes You Money without Owning Stock
Do you want to know how to make money without owning a stock? This video will show you how to do that by buying a call option! ? ? ? Start earning more money with Stock Trading! Let me show you how! ? Get the Options Mastery Butterfly Course at https://rise2learn.com/ #optionstrading #optionsstrategy #buycall #calloptions…
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UBS withdraws from a Texas city’s bond deal after landing on ‘boycotter’ list
UBS voluntarily resigned as a co-manager from a Texas city bond issue that priced this week in the wake of the company’s placement on the state comptroller’s list of fossil fuel industry boycotters. Kerrville, Texas, Finance Director Julie Behrens confirmed on Friday that UBS had “voluntarily withdrawn” from the city’s $44.4 million general obligation bond…
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Price analysis 8/26: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, MATIC
Federal Reserve Chairman Jerome Powell warned that the central bank will continue to use the “tools forcefully” to bring down inflation, which is close to its highest level in 40 years. He cautioned that the restrictive policy may remain for some time and warned that it could “bring some pain to households and businesses.” The…
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Munis steady, USTs mixed after Fed Chair Powell’s Jackson Hole speech
Municipals were steady Friday, while U.S. Treasuries were mixed and equities sold off in the aftermath of Federal Reserve Chair Jerome Powell’s promise the Fed will keep raising interest rates to combat inflation. In light of the market’s concern over Powell’s speech at Jackson Hole, BofA strategists Yingchen Li and Ian Rogow “continue to view the Fed’s hawkishness as a better…
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UK households to be hit by 80% rise in energy bills
The scale of the challenge facing the UK’s next prime minister was laid bare on Friday when the energy regulator said household power bills would surge 80 per cent with further rises expected next year. Liz Truss or Rishi Sunak, the two candidates for the leadership of the Conservative party, will face a spiralling cost…
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Binance to suspend ETH and ERC-20 deposits and withdrawals during Merge
Cryptocurrency exchange Binance will suspend deposits and withdrawals of Ether (ETH) and ERC-20 tokens during the blockchain’s transition to its proof-of-stake (PoS) Beacon chain in September. The world’s largest exchange by transaction volume announced the move in a bid to provide stability during The Merge, which is touted to take place in mid-September 2022. Binance…
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