In his report delivered at the 20th National Congress of the Communist Party of China (CPC), President Xi Jinping painted a darker, more hostile external environment than in his report at the previous conclave five years ago. While there is reiteration that there are strategic opportunities to be had, there is no longer the assessment
The battle for the Senate majority is going down to the wire as a series of races across the country tighten in the days before the election, a process that is alternatively giving hope while also panicking partisans in both parties. Democrats have their eyes on Wisconsin, where a new poll from CNN found Sen.
close video ‘Unprecedented’ move in mortgage rates causing problems for homebuyers: Greg Kuhl Janus Henderson Investors portfolio manager Greg Kuhl discusses how inflation is affecting the real estate market on ‘The Claman Countdown.’ The average rate for a 30-year fixed mortgage topped 7% for the first time in two decades this week. Freddie Mac reported
U.S. economic growth rebounded during the third quarter after six months of steady declines, according to data released Thursday by the Commerce Department. U.S. gross domestic product (GDP) grew at an annualized rate of 2.6 percent between July and September, up from declines of 1.6 percent in the second quarter and 0.6 percent in the
It seems that every time one turns on the TV, something, somewhere, is going catastrophically wrong. Whether it be Hurricane Ian tearing through Cuba and Florida, war raging in Eastern Europe, or floods devastating Pakistan, there has been no shortage of crises in 2022 — both natural and human-caused. And as the climate continues to
Jon Zois called the Princess Cottage home. The yellow two-story colonial on Raritan Bay had withstood hurricanes and powerful noreasters for more than 150 years. But it would be no match for Superstorm Sandy. Literally ripped in half by the powerful winds and a catastrophic storm surge that battered and scoured New Jersey a decade
Democrats are betting that President Biden and Vice President Harris can put Democratic Senate hopeful John Fetterman over the top despite a faltering debate performance that has operatives more worried than ever they could lose the pivotal race. Biden and Harris will head to Philadelphia to campaign together on Friday, a rare occurrence for the
close video US economy not in ‘disaster, 2008-type’ scenario, analyst says Horizon Investments CIO Scott Ladner says inflation is boosting profits ‘for right now,’ and predicts economic slowdown next year. The U.S. economy rebounded over the summer after shrinking for the first six months of the year, but the rebound does little to allay fears
Meta PlatformsInc META shares are trading lower Thursday after the company reported worse-than-expected earnings results. Meta said third-quarter revenue decreased 4% year-over-year to $27.71 billion, which beat average analystestimates of $27.53 billion, according toBenzinga Pro. The social media and metaverse company reported quarterly earnings of $1.64 per share, which missed average estimates of $1.91 per
Tracey Ryniec and Kevin Cook look at an American consumer products company and a Chinese social media and gaming company. Helen of Troy Limited: https://www.zacks.com/stock/quote/HELE?cid=CS-YOUTUBE-FT-VID YY Inc.: https://www.zacks.com/stock/quote/YY?cid=CS-YOUTUBE-FT-VID Huya: https://www.zacks.com/stock/quote/HUYA?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
Traders on the floor of the NYSE, Oct. 21, 2022. Source: NYSE Professional stock pickers are still betting that the U.S. economy could skirt a recession, according to Bank of America analysis. Actively managed mutual funds have maintained their pro-cyclical stance with overweights in consumer discretionary and industrials, while having a sizeable underweight in consumer staples,
In this article META CAT HON Follow your favorite stocksCREATE FREE ACCOUNT A sign is seen outside of the inaugural physical store of Facebook-owner Meta Platforms Inc in Burlingame, California, May 4, 2022. Brittany Hosea-Small | Reuters Check out the companies making headlines before the bell. Meta — The social media stock dropped 22.8% after
Immigrant entrepreneurs play a crucial role in innovation and job creation in the United States. “Immigrants have started more than half (319 of 582, or 55%) of America’s startup companies valued at $1 billion or more,” according to a recent report from the National Foundation for American Policy. Veev, a successful housing technology firm, is
Blocks of condominiums in Singapore. The rising cost of borrowing is unlikely to have a major impact on Singapore’s property market, analysts told CNBC. Ore Huiying | Bloomberg | Getty Images SINGAPORE — The rising cost of borrowing is unlikely to have a major impact on Singapore’s property market, analysts told CNBC. That’s because of
Municipals sold off out long in secondary trading while two billion-dollar-plusnew-issues from California and the New York City Transitional Finance Authority made concessions in primary pricings. Munis continued to play catch up to the rise in U.S. Treasury yields, though taxables improved Wednesday and equities ended mixed. Municipal bond mutual funds saw more losses with
Sen. Sherrod Brown, D-Ohio, is urging the Federal Reserve to exercise caution as it considers another interest rate increase at next week’s Federal Open Market Committee meeting. In a letter sent to Fed Chair Jerome Powell on Tuesday, Brown, who chairs the Senate Banking Committee, advised the central bank not to “lose sight” of its
Russia conducted its first major nuclear drills since the start of its war on Ukraine and President Vladimir Putin made unfounded claims that Kyiv was seeking to develop a “dirty bomb”, as Moscow continued to ramp up the rhetoric over possible nuclear use in the conflict. The Russian armed forces on Wednesday practised what defence
close video FOX Business Flash top headlines for October 25 Check out what’s clicking on FoxBusiness.com Sen. Mitt Romney, R-Utah, has listed his ski resort home in Park City, Utah for $11.5 million, Mansion Global reported Wednesday. Romney's home won't be on the market for long, however, as the listing is already marked as having
Swarming bees produce so much electricity that they may affect local weather, new research suggests. The finding, which researchers made by measuring the electrical fields around honeybee (apis mellifera) hives, reveals that bees can produce as much atmospheric electricity as a thunderstorm. This can play an important role in steering dust to shape unpredictable weather
TheTexas Permanent School Fund, a public endowment of the State of Texas, has hiked its stake inTesla IncTSLA ,Amazon.com, Inc.AMZN , andApple IncAAPL during the third quarter of 2022, according to its 13-F filing. The $6.2-billion fund more than tripled its stake in Tesla, buying over 266,000 shares, to take the value of its holding