UK consumer confidence plummeted in July as the rising cost of borrowing and high prices hit people’s morale, according to data that recorded the largest drop in sentiment for more than one year. The consumer confidence index, a measure of how Britons view their personal finances and wider economic prospects, fell six points to minus
admin
In this article ISRG KNX COF PPG CSX Follow your favorite stocksCREATE FREE ACCOUNT A CSX freight train is seen in Orlando. Paul Hennessy | Lightrocket | Getty Images Check out the companies making headlines in after-hour trading. CSX — The transportation company dropped 5% after missing Wall Street expectations for revenue in the second
The Nasdaq Composite had its biggest one-day drop in more than four months as investor disappointment with results from Netflix and Tesla called into question the strong, months-long rally in the tech sector. The tech-heavy Nasdaq Composite dropped 2.1 per cent on Thursday, its biggest daily decline since March 9. Wall Street’s benchmark S&P 500
At this point, the U.S. housing crisis is well documented. The nation is short some 6.5 million homes, and developers can’t seem to build fast enough to meet the demand. Experts expected rising interest rates to exacerbate the housing shortage by stalling development activity and further throwing off the housing supply-demand pendulum—but in May, there
Munis were slightly weaker in spots, but triple-A yield curves largely ignored U.S. Treasury losses following the release of economic data that saw initial jobless claims fall below expectations. Equities ended mixed. Municipal bond mutual fund saw inflows return with Refinitiv Lipper on Thursday reporting investors added $1.040 billion to funds for the week ending
New Jersey Transit’s newly passed fiscal 2024 budget includes no new fare hikes and increased spending year-over-year, in the face of a looming fiscal cliff. NJ Transit’s board passed a $2.86 billion operating budget on Wednesday that’s 4.1% bigger than fiscal 2023’s, with 60% of costs associated with labor and fringe benefits and 31% linked
Indian billionaire Ravi Ruia has bought a £113mn mansion in London’s Regent’s Park linked to Russian property investor Andrey Goncharenko, in an off-market deal that underlines the continuing secrecy around the sales of Britain’s most expensive homes. The family office of Ruia, who co-owns the Mumbai-based Essar Group, bought Hanover Lodge this month through a
In this article FDS Follow your favorite stocksCREATE FREE ACCOUNT Johnson & Johnson Covid-19 vaccines are seen on a table on May 7, 2021 in Los Angeles, California. Frederic J. Brown | AFP | Getty Images Check out the companies making headlines in midday trading. Netflix — Netflix dropped more than 8% after reporting mixed
Fifth Third Securities has been added to the growing list of underwriters charged by the Securities and Exchange Commission for violating its limited offering exemption. For its role in in issuing 79 offerings without obtaining the required disclosures, Fifth Third, without admitting or denying the findings, has agreed to settle the charges, cease and desist
MarketAxess has expanded the integration of its municipal bond products with software firm Investortools’ platform to display them through the Investortools Dealer Network. This collaboration is the next stage of FIX connection integration and will bring together Investortools’ portfolio of analytics and trading tools with MarketAxess’ trading capabilities and CUSIP services for a wide-ranging picture
NatWest chief executive Alison Rose apologised to Nigel Farage for dropping him as a client of its private bank Coutts, as the UK government accelerated plans to clamp down on banks unfairly closing accounts. Rose, who earlier this week was named as one of prime minister Rishi Sunak’s 14-strong “Business Council”, wrote to Farage on
Country artist Trisha Yearwood is saying goodbye to her Southern manor home in Nashville. Listed for $4.5 million, the home is located in Nashville’s upscale Brentwood neighborhood—just 10 minutes from the city’s iconic Music Row. Yearwood fans might recognize parts of the home, namely the kitchen, from her Food Network cooking show, “Trisha’s Southern Kitchen.”
The double-digit percentage gains for XRP (XRP) this month may have reached the exhaustion point, reflecting the trends elsewhere in the cryptocurrency market. This follows the euphoria surrounding Ripple’s partial win versus the U.S. Securities and Exchange Commission, resulting in bullish calls for as high as $15 in the coming months. $15 is reasonable I
“Members of the opposition deserve bank accounts” ought to be a statement of the obvious. But it was a sentiment British MPs felt the need to reiterate this week after Nigel Farage — a driving force behind the Leave vote in the UK’s 2016 Brexit referendum — released parts of a memo showing that Coutts,
The Sacramento County Department of Airports launched efforts to completely reimagine the airport earlier this year — and is now working out the details on how it will finance the project. To limit the amount of debt the airport would need to issue through long-term revenue bonds, airport leaders are working creatively to construct a
Bitcoin (BTC) failed to hold above $30,000 after the July 20 Wall Street open, with one analyst forecasting a return to range lows. BTC/USD 1-hour chart. Source: TradingView BTC price sinks through $30,000 Data from Cointelegraph Markets Pro and TradingView tracked weak BTC price action after a rejection at the 21-day simple moving average (SMA).
Many first-time visitors to the West London district of Notting Hill arrive with a handful of preconceptions grown from a passing familiarity with the Portobello Road Market, the annual Notting Hill Carnival or the 1990s romantic comedy that bears its name. Not all presumptions are inaccurate, however, and in the case of Notting Hill, these
The Municipal Securities Rulemaking Board will discuss its proposed change to a one-minute trade reporting window at its upcoming meeting on July 26-27. The board’s amendments to Rule G-14 on transaction reporting obligations caught the ire of dealer groups who argued that benefits to the change would be speculative at best and that shortening trading
A house is for sale in Arlington, Virginia, July 13, 2023. Saul Loeb | AFP | Getty Images Sales of pre-owned homes dropped 3.3% in June compared with May, running at a seasonally adjusted annualized rate of 4.16 million units, according to the National Association of Realtors. Compared with June of last year, sales were
In this article ABI-BE 2330-TW JNJ LVS IBM Follow your favorite stocksCREATE FREE ACCOUNT The Netflix logo is shown on one of their Hollywood buildings in Los Angeles, California, July 12, 2023. Mike Blake | Reuters Check out the companies making headlines before the bell. Netflix — The streaming giant shed nearly 7% after reporting
Major property owners have been walking away from prominent office buildings from coast to coast. Those owners have seen their revenue drop because of tenant departures and decisions not to renew leases. The income from the building can’t cover debt service. The owners could choose to write checks from other sources to keep their loans