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  • Munis firmer ahead of FOMC decision

    Municipals were firmer Tuesday ahead of the conclusion of the July Federal Open Market Committee meeting where a three-quarter point rate hike is likely, while U.S. Treasuries were weaker and equities sold off. Triple-A curves saw yields fall up to five basis points, depending on the scale, while U.S. Treasuries rose up to three basis…

  • Scammers pose as IRS’ TEGE division

    Issuers and borrowers should watch out for phishing scams in their communications with the IRS’ Tax Exempt and Government Entities Division, as there have been instances in recent months of scammers posing as IRS representatives. John Stanley, a tax and public finance partner at Orrick and Joseph Santiesteban, private and data innovation partner at Orrick,…

  • IMF slashes global growth forecast and raises inflation projections

    The IMF has slashed its global growth forecasts and raised its projections for inflation, warning that the risks to the economic outlook are “overwhelmingly tilted to the downside”. The downgraded estimates, released on Tuesday, come as the world grapples with the fallout from Russia’s invasion of Ukraine, prolonged disruptions caused by the pandemic and rapidly…

  • Solana said to be ‘more decentralized than people think,’ but there’s more

    Solana-based decentralized finance (DeFi) firm Unstoppable Finance has argued that Solana is more decentralized than people make it out to be. However, there’s another side that believes that the blockchain platform is actually more centralized. In a blog post, the DeFi firm lays out its arguments, citing the blockchain network’s active validator count, Nakamoto coefficient…

  • How to Use Multiple Exponential Moving Averages to Find a Stocks Support

    In this video, you will learn how to make use of exponential moving averages to find support or the movement of your stock. Moreover, you will also learn how to get out or take profits from your position. Understand how the stock market really works and start making more money from your trades! Check out…

  • Top 3 Approaches to Investing

    Today, we look at Dollar-cost Averaging, Diversification and Rebalancing — three common investment approaches that offer straightforward methods for tackling the risk and volatility that is inherent to the financial markets. Test and practice your investment strategies in real market conditions with virtual money. Learn to trade and invest for free. – https://www.trading212.com/en/Practice-for-Free-GBP Download the…

  • Stocks making the biggest moves premarket: Walmart, General Motors, Polaris and more

    In this article RTX GE MMM PII GM WMT Check out the companies making headlines before the bell: Walmart (WMT) – Walmart slumped 9.5% in the premarket after cutting its outlook for the current quarter and full year. The retail giant said higher prices for food and fuel are prompting consumers to cut back, and…

  • When worlds collide: Joining Web3 and crypto from Web2

    A friend of mine who is a seasoned Web2 tech executive joined a Web3 company in June. A switched-on operator, he asked to speak with all 16 staff before deciding to join the firm. This shows that Web3 joiners need to really hone in on the mission when jumping ship from the old tech world.…

  • Experts Weigh In On Voice Control Technology’s Pros, Cons And Future

    The “Open the pod bay doors, Hal” command from the 1968 sci fi classic 2001: A Space Odyssey might be the most famous voice control request in cinematic history. The dystopian response from the artificial intelligence computer HAL 9000, “I’m sorry, Dave. I’m afraid I can’t do that” is just as famous – or, more…

  • Another major interest rate hike is coming from the Federal Reserve: Here are 5 ways it could affect you

    To keep up with the surging cost of living, consumers are spending more and saving less — and rising interest rates aren’t helping the matter. Next week, the Federal Reserve likely will raise rates by another three-quarters of a percentage point, although some on Wall Street still think it could opt for a full percentage point increase. …

  • Munis on sidelines; markets wary ahead of FOMC

    Municipals were little changed Monday while U.S. Treasuries were weaker and equities were mixed near the close. With a steady muni yield curve and weaker USTs, muni to UST ratios on Monday fell slightly. They were at 67% in five years, 85% in 10 years and 98% in 30 years, according to Refinitiv MMD’s 3…

  • Florida’s jobless rate falls to 2.8% as its economic recovery continues

    Florida’s unemployment rate dropped to 2.8% in June as the state’s labor force continued to grow, according to the state Department of Economic Opportunity. The state’s unemployment rate has declined or held steady for 23 straight months, DEO said Friday. The national unemployment rate remained unchanged at 3.6% in June. Florida’s labor force grew by…

  • German recession looms as business confidence slumps to two-year low

    German business confidence has fallen to its lowest level for more than two years in the latest sign that Europe’s largest economy is teetering on the brink of recession. Companies across Germany became more gloomy about both their current situation and the outlook for the next six months, according to the Ifo Institute’s closely watched…

  • Forget Wynn, Buy This Growth & Income Casino Stock Instead

    With shares of casino giant Wynn Resorts (WYNN) tanking in the wake of its latest earnings report, Ryan McQueeney explains how growth & income investors can find better options by focusing on REITs that own gaming properties. Wynn: https://www.zacks.com/stock/quote/WYNN?cid=CS-YOUTUBE-FT-VID Gaming and Leisure Properties: https://www.zacks.com/stock/quote/GLPI?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like…

  • These stocks are best for the long term, top Wall Street analysts say

    In this article BAC MRVL GFS KNX TFC Matt Murphy, CEO, Marvell Technology Scott Mlyn | CNBC Investors seem to be welcoming the latest earnings season with fresh optimism despite nagging concerns about inflation, recession and rising interest rates. Indeed, strong quarterly results from a number of key companies have helped power the major stock…

  • Stocks making the biggest moves premarket: Newmont, Squarespace, Philips and more

    In this article TSLA 9618-HK SQSP NEM PHIA-NL PSA Check out the companies making headlines before the bell: Newmont (NEM) – The mining company’s stock slid 3.3% in premarket trading after it reported lower-than-expected second-quarter earnings. Profit was down nearly 41% from a year ago, hurt by a drop in gold prices. Squarespace (SQSP) –…

  • Top 5 cryptocurrencies to watch this week: BTC, ETH, BCH, AXS, EOS

    The bulls are attempting to achieve a strong weekly close for Bitcoin (BTC), while the bears are attempting to regain their advantage. Analysts are closely watching the 200-week moving average, which is at $22,705, and BTC’s current setup suggests that a decisive move is imminent.  Many analysts expect a weekly close above the 200-week moving…

  • Dollar Maintains Its Currency Crown As Inflation Takes Bigger Bites Everywhere Else

    The U.S. dollar has been the world’s dominant currency for three-quarters of a century, and though it may not be apparent to inflation-wracked Americans, the currency maintains more purchasing power than most of its major rivals. That’s helpful to U.S. consumers, though it comes at a cost. Inflation is diminishing the value of the euro,…

  • Goldman Sachs cuts earnings outlook for MSCI China to zero growth

    In China, people typically buy apartments before they are completed. Pictured here on June 28, 2022, are unfinished residences in Nanning, Guangxi Zhuang Autonomous Region. Future Publishing | Future Publishing | Getty Images BEIJING — Goldman Sachs has cut its forecast for the MSCI China index due to a worsening slump in China’s property market.…

  • Thai SEC launches digital hotline for Zipmex users

    In the aftermath of the Thai cryptocurrency exchange Zipmex stopping withdrawals last week, local financial regulators are stepping in to look into potential losses by investors. Thailand’s Securities and Exchange Commission (SEC) is taking action to collect all necessary information from investors on how they have been affected by issues on Zipmex. The regulator officially…

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