New Zealand house prices finally fall from dizzying heights

WELLINGTON, New Zealand (AP) — New Zealand house prices fell year-on-year for the first time in more than a decade, a report showed Thursday, as rising interest rates finally halted a dizzying...

Futures Rise Ahead Of Closely Watched CPI Report

Futures Rise Ahead Of Closely Watched CPI Report US equity futures reversed earlier losses and traded modestly in the green in cautious, muted overnight action before US inflation...

Defense Experts Game Out US-China War Over Taiwan; Dalio Warns Escalations 'Very Dangerous'

Defense Experts Game Out US-China War Over Taiwan; Dalio Warns Escalations 'Very Dangerous' A group of American defense experts operating out of a 5th floor suite in Washington DC...

Dalio's US-China Conflict Gauge Is Off The Charts

Dalio's US-China Conflict Gauge Is Off The Charts By Ye Xie Bloomberg Markets Live commentator and reporter Ray Dalio’s take on US-China tensions over Taiwan contains some alarming...

Oil retreats on chance of Iran supply boost

MELBOURNE - Oil prices dipped in early trade on Tuesday on the latest progress in last-ditch talks to revive the 2015 Iran nuclear accord, which would clear the way to boost its crude exports in...

U.S. tax bill may drag on earnings, cause buyback rush; gives some sectors a boost

- The climate, healthcare and tax bill passed by the U.S. Senate over the weekend could shave corporate earnings slightly and trigger a rush of share repurchases, while giving a boost to some...

Illinois-based Sibel Health, which offers wearable sensors, AI-enabled data analytics, and cloud software for remote...

Bio-integrated sensor developer Sibel Health announced today that it closed a $33 million Series B financing round. Niles, Illinois-based Sibel, spun out of the world-renowned John Rogers Research...

UK's Liz Truss ready to speed up tax cut plan, newspaper says

LONDON - Liz Truss, the front-runner to become Britain's next prime minister, plans to rush through tax cuts earlier than planned in an attempt to boost the country's flagging economy, the Sunday...

Astounding labor market recovery from pandemic is complete

This staggering increase in employment completes a milestone for the U.S. economy: Pre-pandemic employment is now fully restored. In February 2020, the last month before the COVID-19 pandemic...

US July payrolls rise more than expected

NEW YORK - U.S. job growth surged much more than expected in July and the unemployment rate ticked lower, giving the Federal Reserve enough cushion to stay on its aggressive rate hike path as it...

Six Strategies For Capturing Value From Digital Health And Medtech

The pandemic-driven acceleration of digital health is fueling unprecedented market demand for medtech, but capitalizing on this mushrooming market is harder than many companies realize.

The inflation prices that broke us

Inflation is a complete and total bummer. | Steven Puetzer/Getty Images From chicken tenders to tampons, the price hikes that are irking people most. Peter Lewis recognizes that eggs...

Under Armour Shares Gain Despite Lowering Profit Outlook

By Sam Boughedda Under Armour (NYSE:UA) shares rose over 2% Wednesday after the company reported earnings, despite profit being in-line and revenue missing expectations. The sports equipment...

Apple App Store Growth Decelerated in July

By Sam Boughedda According to a Morgan Stanley analyst, Apple's App Store net revenue growth decelerated to +1% year-over-year in July. The analyst maintained an Overweight rating and $180 per...

SoFi Stock Rallies on Beat and Raise, Results Seen as Strong

By Senad Karaahmetovic Shares of SoFi Technologies are up over 11% in premarket trading Wednesday after the company’s Q2 revenue and EBITDA came above consensus estimates. SoFi reported Q2 net...

Exponential Growth or State-Powered Stagnation: What Will Be Our Future?

Futurist and inventor Ray Kurzweil wrote an essay in 2001, "The Law of Accelerating Returns," that describes an exponential path to what for many is an unimaginable future. How certain is the...

Roku stock plummets as earnings are widely panned: 'The sum of all of our worries'

Shares of Roku Inc. were down more than 20% in premarket trading Friday. The streaming company reported weaker-than-expected results for the second quarter of this year. “Roku’s 2Q 2022 results...

Roku stock plummets as earnings are widely panned: ‘The sum of all of our worries’

Shares of Roku Inc. were down more than 20% in premarket trading Friday. The streaming company reported weaker-than-expected results for the second quarter of this year. “Roku’s 2Q 2022 results...

What really surprised Wall Street about Walmart's earnings warning

"The market has a yoke around its neck and it's not quite sure how tight it is," CNBC contributor Karen Firestone said. Walmart lowered its second-quarter and 2022 profit guidance because...

Morgan Stanley Warns Stock Bulls Deluded by ‘Wishful Thinking’

The nearly 5% gain in the S&P 500 Index this month has been supported by speculation that inflation is peaking and the job market is cooling. Don’t be fooled, though, Morgan Stanley Wealth...

Take Five: It's a Fed hot summer

-A likely second straight 75 basis point rate hike from the U.S. Federal Reserve will keep markets on their toes in the week ahead, just as investors digest a wave of earnings from corporate...

Interest Rate Tightening Will Cause Even More Economic Destruction

Federal Reserve policies attempting to promote economic and price stability are a major cause for the recent acceleration in the consumer prices' rise. According to popular thinking, the central...

Crypto lender Celsius files for bankruptcy, still won’t let users withdraw funds

Cryptocurrency loan company Celsius filed for bankruptcy under Chapter 11 yesterday. The lender announced it was suspending withdrawals one month ago. In an FAQ updated yesterday, Celsius told...

Crypto lending giant Celsius files for bankruptcy

Celsius has filed for bankruptcy protection a month after it paused all customer withdrawals and transfers. The crypto lending giant left almost two million users unable to access their funds back...

Mortgage Rates Drop After Three Weeks of Increases

The average rate on a 30-year, fixed-rate mortgage fell to 5.70%, mortgage-finance giant Freddie Mac said Thursday. That is down from 5.81% last week but up from 3.22% at the beginning of the...

Mortgage Rates Drop After Three Weeks of Increases

The average rate on a 30-year, fixed-rate mortgage fell to 5.70%, mortgage-finance giant Freddie Mac said Thursday. That is down from 5.81% last week but up from 3.22% at the beginning of the...

Ford is telling its dealers to stop selling the Mustang Mach-E over safety concerns

Ford says 48,924 Mustang Mach-E vehicles sold in the US are affected by the problem. The malfunction involves a potential overheating of the vehicle’s battery high-voltage contactors. It can lead...

Ford issues stop-sale of electric Mustang Mach-E crossovers due to potential safety defect

Ford is instructing dealers to temporarily stop selling electric Mustang Mach-E crossovers. The issue can lead to a malfunction that could cause the vehicle not to start or immediately lose...

Dow Jones Newswires: German inflation hits five-decade high, confirming preliminary estimates

Consumer prices rose 7.9% on year measured by national standards and by 8.7% by EU harmonized standards. The acceleration in the annual inflation rate has reached levels not seen since 1973. The...

Stocks slide, short-end yields jump on hot CPI print

The consumer price index increased 1.0% last month after gaining 0.3% in April. Economists polled by Reuters had forecast the monthly CPI picking up 0.7%. Some economists and market participants...

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