Global growth concerns and low inflation continue to support long term government bonds (TLT, VGLT). ISHARES 20+ YEAR TREASURY BOND ETF: http://www.zacks.com/funds/etf/TLT/profile?cid=cs-youtube-ft-card VANGUARD LONG-TERM GOVMT BOND ETF: http://www.zacks.com/funds/etf/VGLT/profile?cid=cs-youtube-ft-card 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
In this article CARR BLDR PH HRI TFII-CA Follow your favorite stocksCREATE FREE ACCOUNT Traders work on the floor of the New York Stock Exchange (NYSE) on June 14, 2023 in New York City. Spencer Platt | Getty Images The increase in economic activity in the industrial, residential and commercial spaces over the past decade
In this article DPZ TGT SOFI WLY COIN Follow your favorite stocksCREATE FREE ACCOUNT CAVA, at the NYSE during IPO June 14, 2023 Source: NYSE Check out the companies making the biggest moves midday: Cava Group — Shares soared 91% in midday trading during its first day as a public company. Cava Group priced its
How a retired Pennsylvania couple changed the lives of hundreds of struggling residents of affluent Chester County by challenging inflated real estate tax assessments on their mobile homes. Chester County, Pennsylvania, with its rolling farmland and proximity to both Philadelphia and the corporate haven of Wilmington, has the highest median income (nearly $110,000) and percentage
CNBC’s Jim Cramer on Friday said he feels the Federal Reserve needs to be transparent with its plans, especially in the wake of restaurant chain Cava‘s highly successful IPO, which he believes is a sign the market is heating up. Cramer thinks a prosperous IPO market could lead to an influx of money on Wall
Top Stories This Week US lawmakers file ‘SEC Stabilization Act’ to fire Gary Gensler United States Representative Warren Davidson has introduced the “SEC Stabilization Act” into the House of Representatives. One of the bill’s main provisions is to fire Securities and Exchange Commission (SEC) Chair Gary Gensler. The bill would remove Gensler from office and
Ripple CEO Brad Garlinghouse has warned that as Ripple’s case against the United States financial watchdog comes “to a close,” it is only the beginning of the battle for many others in the crypto industry, emphasizing that the fight for clarity “has to continue.’ Following a lengthy back and forth between Ripple and the United
The Oklahoma Turnpike Authority contends it can alter routes of statutorily authorized toll road projects as the state Supreme Court weighs the validity of bonds to begin funding a $5 billion, 15-year extension project. The state agency sought the court’s approval in August for $500 million of revenue bonds for the ACCESS (Advancing and Connecting
A pair of recent state court decisions have ruled that EMMA is not the news media for the purposes of the public disclosure bar to whistleblower lawsuits, a question that has been a key part of the defense argument of Wall Street banks accused in a series of lawsuits of conspiring to set variable-rate bond
UK households that come to the end of fixed-rate mortgage deals next year face an average £2,900 increase in annual payments, putting Rishi Sunak under pressure to defuse an election-year time bomb. The estimated increase in payments by the Resolution Foundation think-tank reflects concern that the UK has a worse inflation problem than other countries
Proof-of-work coins that had a fair distribution at their launch are the most likely to avoid being labeled as securities by the U.S. SEC, according to Bitcoin OG and educator Dan Held. Last week, the SEC sued Binance and Coinbase, accusing them of offering a number of altcoins as unregistered securities. As a result, many
zacks.com zacks.com/ultimate
John Howard | Digitalvision | Getty Images In September 2022, Jana Partners made an investment in Freshpet after the company’s stock had dropped by approximately 74%.The firm liked the company and its business a lot, but thought that it was mismanaged and needed a reconstituted board to institute more focus and management accountability. Because Freshpet
In this article MU SOFI ADBE SPCE Follow your favorite stocksCREATE FREE ACCOUNT Aircraft VMS EVE carries spacecraft VSS Unity during a flight test. Virgin Galactic Check out the companies making the biggest moves in premarket trading: Virgin Galactic — Shares soared nearly 45% in premarket trading, a day after the company said its first
There’s no doubt been a change in the way people work post-Covid, and many firms are embracing hybrid schedules. In certain sectors, this shift from remote to in-person has stirred demand for work areas. As WeWork’s Chief Revenue Officer Ben Samuels mentioned in a Yahoo!Finance interview, there’s been a real scramble for space in some
Westend61 | Getty As interest rates have climbed, homebuyers have been confronted with higher borrowing costs. That has led more home purchasers to opt for one strategy, purchasing mortgage points, as a way to defray higher monthly payments. Mortgage points let buyers pay an upfront fee to lower the interest rate on their loans. In
While Arbitrum’s governance token ARB has been in a consistent downturn since the airdrop in late March, its ecosystem shows healthy growth. A recent Nansen report shows that Arbitrum’s activity improved after the airdrop, stabilizing “at a level higher” than before the airdrop. The daily active users, gas fees and transaction count maintained consistent higher
Municipals were steady to end the week, continuing their outperformance of U.S. Treasuries. Equities were down near the close. Triple-A scales were little changed, while UST yields rose eight to nine basis points on the short end. The two-year muni-Treasury ratio Friday was at 62%, the three-year at 65%, the five-year at 66%, the 10-year
Lawmakers in South Carolina have passed a fiscal 2024 budget that mirrors closely the plan pitched by Gov. Henry McMaster earlier this year. The fiscal 2024 budget proposal leans on federal funds, better-than-expected tax collections and a drawdown on reserves to bankroll a wide array of capital work and a boost to state employee salaries.
The European Central Bank has warned Brussels against swooping to claim money from custodians of trapped Russian assets, claiming it could dent confidence in the euro as a global currency and hurt financial stability. The Frankfurt-based institution has privately told the European Commission that plans to divert payments on bonds owned by the Russian central