Bloomberg Rate-Hike Bets in Emerging Markets Getting Excessive, Funds Say (Bloomberg) — When it comes to betting on higher borrowing costs in the developing world, some investors may be getting ahead of themselves.In markets from South Africa to Mexico and South Korea, traders are penciling in a faster pace of interest-rate hikes than what economists say is currently warranted based on the inflation outlook.“Almost all of them are overpricing tightening,” said Shamaila Khan, head of… Source link
Read More »Foot Locker to close Footaction stores after colossal Q1 earnings
The New York Times Mayor Accused of Fraud Has New Problem: Drug Charges for Her Husband The husband of the mayor of Rochester, New York, was arrested Wednesday after police said they discovered drugs and guns in searches of his car and home, the latest crisis for the mayor in a year continually whipsawed by scandal. Mayor Lovely Warren’s husband, Timothy Granison, 42, was accused of being part of a midlevel cocaine trafficking ring and charged Thursday with drug and gun possession in what… Source link
Read More »James Hardie Industries plc CEO Dr. Jack Truong Appears on Yahoo Finance’s “Market Close” on May 19, 2021
James Hardie Industries plc (ASX: JHX; NYSE: JHX), the world’s #1 producer and marketer of high-performance fiber cement and fiber gypsum building solutions, today announced that its Chief Executive Officer, Dr. Jack Truong, participated in an interview with Yahoo Finance’s “Market Close” on Wednesday, May 19, 2021 New York City, USA time. To watch the segment click : https://finance.yahoo.com/video/james-hardie-ceo-companys-earnings-212829340.html Forward-Looking Statements This Media… Source link
Read More »James Hardie Industries plc CEO Dr. Jack Truong Appears on Yahoo Finance’s “Market Close” on May 19, 2021
SYDNEY–(BUSINESS WIRE)–James Hardie Industries plc (ASX: JHX; NYSE: JHX), the world’s #1 producer and marketer of high-performance fiber cement and fiber gypsum building solutions, today announced that its Chief Executive Officer, Dr. Jack Truong, participated in an interview with Yahoo Finance’s “Market Close” on Wednesday, May 19, 2021 New York City, USA time. To watch the segment click : Source link
Read More »Robinhood deserves ‘close look’ from SEC: Elizabeth Warren
SEC Chair Gary Gensler in House testimony on Thursday criticized apps that “gamify” stock trading and the potential conflict of interest for market makers that profit from the execution of high-volume trades, hinting at potential new rules that would apply to the popular trading app Robinhood and market maker Citadel Securities. In a new interview, progressive Senator Elizabeth Warren (D-MA) said she supports new SEC rules for companies like Robinhood. Such regulations should impose… Source link
Read More »Tesla’s U.S. market share was ‘probably close to peak’ in 2020: Analyst
Tesla’s (TSLA) record-setting share price rally in 2020 coincided with what may have been an all-time high in the company’s share of the U.S. electric-vehicle market, according to at least one analyst. “In the U.S., [Tesla has] more than quadrupled their market share in the U.S. electric vehicle market over the last five years,” Garrett Nelson, CFRA analyst, told Yahoo Finance Live on Monday. “But we think their market share is probably pretty close to a peak in 2020.” “They just haven’t… Source link
Read More »The Internet’s Home Of Revelations, Yahoo Answers, Will Permanently Close
yahoo Answers, The internet’s favourite wormhole of bizarre questions – and even more bizarre answers – will be permanently closed in May. Yahoo, which is owned by Verizon, announced that they would be officially closing Yahoo Answers on May 4th. Yahoo Answers was a stalwart of the early noughties internet: a forum where users could ask… Source link
Read More »One year into pandemic, a quarter of Americans say someone close to them has died from COVID-19
One year ago, on the eve of the eventful day that signaled the start of the COVID-19 pandemic — March 11, 2020 — a plurality of Americans (44 percent) said the threat of the virus had been “exaggerated,” according to a Yahoo News/YouGov poll conducted at the time. More people said their peers were “overreacting” (36 percent) than said they were “behaving appropriately” (30 percent). Just 6 percent said they had worn a mask. And nearly everyone (88 percent) predicted that… Source link
Read More »One year into pandemic, a quarter of Americans say someone close to them has died from COVID-19
The New York Times Inside the Lincoln Project’s Secrets, Side Deals and Scandals A few days before the presidential election, the leadership of the anti-Trump Lincoln Project gathered at the Utah home of Steve Schmidt, one of the group’s co-founders, and listened as he plotted out the organization’s future. None of the dissident Republican consultants who created the Lincoln Project a year earlier had imagined how wildly successful it would be, pulling in more than $87 million in donations… Source link
Read More »Nasdaq in a correction, with 10% fall from Feb record close
TipRanks AI Is Here; 3 ‘Strong Buy’ Stocks That Stand to Benefit Hi tech is the cool kid of investment sectors, offering an unbeatable combination of cutting edge chic and long-term stock market returns. It’s understandable; our digital world has clearly passed a point of no return in the integration of tech with our daily lives. Tech companies, whether large or small, are clearly in a position to gain from this trend, offering the products and innovations that will facilitate and expand… Source link
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