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...
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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...
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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...
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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...
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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 ...
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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...
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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
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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...
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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.
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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...
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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...
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
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...
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
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...
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
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...
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
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
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 ...