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Stocks making the biggest moves premarket: Kellogg, Lennar, Spirit Airlines and others
In this article MDLZ LEN TSLA SAVE VLA-FR K Check out the companies making headlines before the bell: Kellogg (K) – Kellogg jumped 8.1% in premarket trading after announcing plans to split into three separate public companies. One entity will comprise the snack and international cereal businesses, another the U.S. cereal business and the third…
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Interior Designers Share The Worst Home Trends That Should Never Come Back In Style
Some interior design trends never seem to die. Or do they? There are very specific looks and trends that are often associated with a particular era. For example, thanks to the popularity of Chip and Joanna Gaines, there is nothing more definitive of the last decade than modern farmhouse style. On the other hand, there’s…
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‘I can’t win in this market’: Why LGBTQ homebuyers say mortgage rates are hitting them especially hard
Skandar Mrad, shown here on vacation in Italy, is looking for a home in the Los Angeles area. When Skandar Mrad decided late last year to buy his first house, his top priority was location. Mrad, a gay man living in the Los Angeles area, has spent much of his adult life commuting several hours…
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SEC charges Texas official with falsifying financial statements, misleading investors
The former chief administrative officer of Johnson City, Texas falsified financial statements and misled investors in an attempt to hide his ongoing embezzlement of city funds, the Securities and Exchange Commission alleged Thursday. Michael Anthony Holland, who was also Johnson City’s secretary, stole $1.12 million from the city between 2015 and 2020, using the money…
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How to Find Value Stocks Using the Price to Sales Ratio
Value stock strategist, Tracey Ryniec, uses the P/S ratio to profile Casey’s General Store, Inc. (CASY). Casey’s General Store: http://www.zacks.com/stock/quote/CASY?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
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JFK’s New Terminal One will look to bond market for long-term financing
The team developing John F. Kennedy International Airport’s flagship new terminal will tap the municipal bond market for more than $6 billion through 2026, with more debt on the horizon for future phases of the high-profile project. The New Terminal One private consortium overseeing the $9.5 billion development closed June 10 on a $6.63…
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UK rail strike set to begin after failure of last-ditch talks
Strikes will spread across the UK unless the government acts on its promise to create a high wage economy, the leader of the country’s main movement for organised labour has warned. Frances O’Grady, general secretary of the Trades Union Congress, said that workers all over the country were supporting striking rail employees and would in…
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Record stablecoin market share points to crypto upside: JPMorgan
The rapid surge in share of stablecoins like Tether (USDT) in the cryptocurrency market may point to an upcoming crypto upside, according to analysts at the American investment bank JPMorgan Chase. The percentage of stablecoins in the total crypto market value has been on the rise, reaching new historical highs in mid-June, JPMorgan strategists believe.…
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Top Wall Street analysts say these are the best stocks to beat the volatile market
In this article NTAP ORCL IHS BAC AAPL Apple CEO Tim Cook speaks during Apple’s annual Worldwide Developers Conference in San Jose, California, June 6, 2022. Peter Dasilva | Reuters It’s just about the middle of the year, and there’s no end in sight for stock market volatility. Investors, already reeling from sharp declines in…
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Stocks making the biggest moves premarket: JD.com, Roku, Alibaba and more
In this article BHC-CA CNC ROKU X 9618-HK BABA Check out the companies making headlines before the bell: Adobe (ADBE) – Adobe shares fell 3.7% in premarket trading after the software company issued weaker-than-expected financial guidance for the current quarter and the full year. Adobe is facing headwinds from the war in Ukraine and unfavorable…
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Celebrate Juneteenth From Sea To Shining Sea
Juneteenth, known as Freedom Day, Emancipation Day, Jubilee Day and Liberation Day, commemorates the day in 1865 when the federal army reached Texas to ensure that enslaved people in the state were freed. Union General Gordon Granger brought news of the end of the war and the Emancipation Proclamation, which had been signed more than…
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Here’s why this housing downturn is nothing like the last one
As quickly as mortgage rates are rising, the once red-hot housing market is cooling off. Home prices are still historically high, but there is concern now that they will ease up as well. All of this has people asking: Is today’s housing market in the same predicament that it was over a decade ago, when…
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Bitcoin mints more than 13,000 ‘wholecoiners’ in the past seven days
Bye-bye bear market blues; welcome to the network, Bitcoin (BTC) believers. Over the past week, the number of Bitcoin wallet addresses containing one BTC or more increased by 13,091. The total number of “wholecoiners” surged to 865,254. The number of whole coiners has rocketed during the downward price action, highlighted by the hockey stick growth…
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11 U.S. cities will host soccer World Cup in 2026
Eleven U.S. sites were chosen Thursday to host some of World Cup soccer matches in 2026, an event that could add millions of dollars to a municipality’s coffers. FIFA, the governing body of international soccer, said Miami-Dade County, Atlanta, Philadelphia, Boston and the New York-New Jersey area were among the 11 U.S. locations chosen to…
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Top 5 cryptocurrencies to watch this week: BTC, SOL, LTC, LINK, BSV
Bitcoin (BTC) plummeted to $17,622 on June 18. This marked the first time in Bitcoin’s history that it has fallen below its previous cycle high. The United States Federal Reserve’s aggressive monetary tightening, a crisis at crypto lending platform Celsius and liquidity issues at investment fund Three Arrows Capital are creating a sense of panic…
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Fed dissenter George says jumbo rate hike adds to policy uncertainty
Federal Reserve Bank of Kansas City President Esther George said she opposed the Fed’s biggest interest-rate increase in almost three decades because the move, combined with the shrinking of the central bank’s balance sheet, created uncertainty about the outlook. “The speed with which we adjust the policy rate is important,” George said in a statement…
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Emmanuel Macron on course to lose majority in French assembly
President Emmanuel Macron was on course to lose his majority in France’s National Assembly on Sunday night, after a strong showing in legislative elections by a left-green opposition alliance and a late surge from the extreme right. Initial results and projections by polling agencies after voting stations closed showed that Macron’s centrist Ensemble (Together) alliance…
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Stocks making the biggest moves midday: Seagen, Moderna, Utz, Kroger and more
In this article SGEN UTZ 9618-HK The Kroger supermarket chain’s headquarters is shown in Cincinnati, Ohio. Lisa Baertlein | Reuters Check out the companies making headlines in midday trading Friday. Seagen — Shares of the biotech company surged more than 16.1% following a Wall Street Journal report that pharmaceutical company Merck is considering buying Seagen.…
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Buyers Be Bold, Sellers Price Right: How To Navigate New York City’s Current Real Estate Market
2022 came in with a bang, real estate-wise. Record numbers of contracts were signed here in New York during the first couple of months of the year. But as the first quarter wore on, cracks began to appear, mostly attributable to national or world events. A decade of almost free money accelerated a stumble into…
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Here’s what the Federal Reserve’s 0.75 percentage point rate hike — the highest in 28 years — means for you
The Federal Reserve raised its target federal funds rate by 0.75 percentage points, the largest increase in nearly three decades, at the end of its two-day meeting Wednesday in an effort to quell runaway inflation. “The motivation for all of this is that prices are going up,” said Chester Spatt, a professor of finance at Carnegie Mellon…
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