Economy - Finance

How major US stock indexes fared Tuesday

3 minutes ago   |   Chron   |   2 articles

Stocks eased back below their record heights Tuesday as investors waited to hear whether the mixed bag of data coming in about the economy will push the Federal Reserve to let...
Read more ...

Second Home Market: South Lake Tahoe in May

Second Home Market: South Lake Tahoe in May

17 minutes ago   |   Calculated Risk   |   2 articles

Three months ago, from Jann Swanson at MortgageNewsDaily: Fannie Warns Lenders on Investment Properties and 2nd Homes. This action will result in higher interest rates on 2nd...
Read more ...

June 15th COVID-19 New Cases, Vaccinations, Hospitalizations

June 15th COVID-19 New Cases, Vaccinations, Hospitalizations

55 minutes ago   |   Calculated Risk   |   3 articles

This data is from the CDC . According to the CDC, on Vaccinations . Total doses administered: 311,886,674, as of yesterday 310,645,827. Daily: 1.24 million. COVID Metrics...
Read more ...

Your 401 Plan: 5 Smart Moves to Make in 2021

55 minutes ago   |   RIS Media   |   2 articles

More than half of Americans feel they just aren't saving enough for retirement, according to a 2019 Bankrate survey. But for those who have fallen behind, it's always a great...
Read more ...

AM Best Affirms Credit Ratings of Orient Ins PJSC and Orient Takaful Ins Co ; Assigns Ratings to Orient UNB Takaful PJSC

59 minutes ago   |   A.M. Best

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of “a+” of Orient Insurance PJSC (United Arab ...
Read more ...

New documents show how an investment fund lost millions backing a litigation finance firm that predicted big wins in Chinese courts

New documents show how an investment fund lost millions backing a litigation finance firm that predicted big wins in Chinese courts

1 hour ago   |   Business Insider   |   5 articles

Summary List Placement Litigation finance has been called the legal industry's hot new job, pairing savvy lawyers with Wall Street financiers to generate double-digit returns...
Read more ...

Cruise Gets $5B Pre-Approved Financing To Buy Robotaxis

1 hour ago   |   Forbes

Cruise has received a $5 billion line of credit from GM Financial to help fund its acquisition of a fleet of Origin robotaxis as it prepares to launch commercial mobility services
Read more ...

Meet the mobile therapy startup backed by Christian Angermayer's re:Mind Capital

1 hour ago   |   Tech Crunch

Mental health startup Ksana Health has received $2 million in seed funding led by re:Mind Capital, the mental health VC arm of Christian Angermayer and Apeiron Investment...
Read more ...

New executive hires will help Orchard scale nationwide

1 hour ago   |   Inman

Incoming Chief Financial Officer Patrick McClymont previously led all finance-related functions for IMAX Corp.
Read more ...

Legal & General Divesting AIG Investment Holdings, Citing Climate Change Inaction

1 hour ago   |   A.M. Best

Legal & General Investment Management said it will divest holdings in American International Group and three other companies for failing to take enough action to address...
Read more ...


Register you to post on Business Mag

Free Registration

June 15th COVID-19 New Cases, Vaccinations, Hospitalizations

June 15th COVID-19 New Cases, Vaccinations, Hospitalizations

This data is from the CDC . According to the CDC, on Vaccinations . Total doses administered: 311,886,674, as of yesterday 310,645,827. Daily: 1.24 million. COVID Metrics... Read more ...

Goldman Sachs says it is seeing a "superbloom" of M&A activity as...

Goldman Sachs says it is seeing a "superbloom" of M&A activity as corporations rethink their businesses after the pandemic

Summary List Placement Goldman Sachs' global head of M&A structuring, David Dubner, said in a " Daily Check-In " interview on Monday that he is seeing a "Superbloom" of mergers... Read more ...

Retail Sales and Producer Prices

Retail Sales and Producer Prices

The stock market closed at yet another all-time high yesterday. It's mostly flat so far today. There hasn't been much volatility of late. This morning's retail sales report... Read more ...

Hedge funds expect to hold $310 billion in cryptocurrencies within 5 years...

Hedge funds expect to hold $310 billion in cryptocurrencies within 5 years - more than 7% of their assets

Summary List Placement Hedge fund bosses are planning to ramp up their holdings of cryptocurrencies, predicting that an average of 7.2% of their assets under management will be... Read more ...

NAHB: Builder Confidence Declined to 81 in May

NAHB: Builder Confidence Declined to 81 in May

The National Association of Home Builders reported the housing market index was at 81, down from 83 in April. Any number above 50 indicates that more builders view sales... Read more ...

Ethereum saw record outflows last week, as investors pulled $13 million from...

Ethereum saw record outflows last week, as investors pulled $13 million from the second largest cryptocurrency

Summary List Placement Ethereum products were hit with outflows of $12.7 million in early June, the biggest decline on record as institutional investors were working out their... Read more ...

Industrial Production Increased 0.8 Percent in May

Industrial Production Increased 0.8 Percent in May

From the Fed: Industrial Production and Capacity Utilization Total industrial production increased 0.8 percent in May. Manufacturing production advanced 0.9 percent... Read more ...

Bitcoin mania is making investors ignore other assets that have far more...

Bitcoin mania is making investors ignore other assets that have far more upside potential, an investment chief says

Summary List Placement Investment adviser Rich Bernstein said in a CNBC interview Monday that bitcoin is a bubble, and crypto mania is making investors ignore other asset... Read more ...

Early investments in observability begin to pay off, Splunk says

Early investments in observability begin to pay off, Splunk says

Survey of organizations finds return on investments in observability platforms starts to pat off for early adopters. Read more ...

Retail Sales Decreased 1.3% in May

Retail Sales Decreased 1.3% in May

On a monthly basis, retail sales were decreased 1.3% from April to May , and sales were up 28.1 percent from May 2020. From the Census Bureau report : Advance estimates of U.S... Read more ...