Tag Archives: higher

About 60% of lower-priced homeowners may pay higher property taxes than their counterparts who own more expensive homes, according to a new study released Tuesday. Why? Owners of those higher-valued properties, ranging from $500,000 to $1.2 million, are at least two times more likely to appeal their property taxes and possibly pay far less, said Ownwell, a property-based startup in Austin, Texas. The amount of appeals depends on the county and the state. For example, homeowners of higher-value… Source link

U.S. equity futures edged higher ahead of overnight trading Wednesday following a choppy earlier session that saw stocks pare some losses from a steep sell-off on Tuesday. Contracts on the S&P 500 climbed 0.21%, while Dow futures rose 62 points, or about 0.19%. Futures tied to the tech-heavy Nasdaq Composite were roughly flat after Facebook parent company Meta (FB) reported stronger-than-expected earnings after the close on Wednesday. Still, with just three trading days left, the… Source link

San Francisco Fed President Mary Daly said Thursday that she sees the case for quickly moving to raise interest rates this year as inflation remains high. “I like to think of it as expeditiously marching towards neutral. It’s clear the economy doesn’t need the accommodation we’re providing,” Daly told Yahoo Finance in an exclusive interview Thursday. The Fed hopes that raising borrowing costs will dampen the consumption and spending that has pushed prices higher. The central banker told Yahoo… Source link

U.S. stock futures opened higher Tuesday evening after a choppy day in markets, as investors digested another hot print on inflation and looked ahead to a busy day of earnings on Wednesday. Contracts on the S&P 500 were flat to slightly positive. The index closed lower for a third straight session during the regular trading day on Tuesday, and both the Dow Jones Industrial Average and Nasdaq Composite also declined. Investors on Wednesday are set to receive a number of quarterly reports from… Source link

U.S. stock futures jumped in pre-market trading Tuesday as investors assessed fresh inflation data out of Washington that showed prices in March further accelerated to a new 40-year high. Contracts on the S&P 500 popped 0.7%, and the Dow jumped nearly 130 points ahead of the open. Futures tied to the Nasdaq Composite surged 1.3%. Meanwhile, Treasury yields slightly retreated, but the benchmark 10-year yield remained above 2.7%, the highest level since January 2019. The moves follow a down day… Source link

U.S. stock futures traded slightly higher Tuesday evening as investors digested hawkish remarks from key monetary policymakers. These suggested that more members of the Federal Reserve were open to moving aggressively to raise interest rates and bring down demand and persistently elevated levels of inflation. Contracts on the S&P 500 edged up. The blue-chip index ended Tuesday’s session lower by 1.3%. The Nasdaq Composite dropped 2.3% its biggest decline in a month as technology stocks gave… Source link

The head of the largest U.S. bank said markets are underestimating the speed by which he expects the Federal Reserve to raise interest rates. In a letter to shareholders released Monday, JPMorgan Chase CEO Jamie Dimon added that short-term borrowing costs need to be “substantially” higher to address the rapid pace of price increases. “The stronger the recovery, the higher the rates that follow (I believe that this could be significantly higher than the markets expect),” Dimon penned in… Source link

U.S. stock futures traded mostly higher Monday morning as investors monitored the potential for more sanctions against Russia amid ongoing concerns over inflation and global economic growth. Contracts on the S&P 500 traded slightly higher as the index looked to hold onto last week’s gains. The Dow was flat to slightly higher, while the Nasdaq Composite rose 0.4% as technology shares outperformed in pre-market trading. Shares of Twitter (TWTR) soared by more than 20% after Tesla (TSLA) CEO… Source link

AMC’s (AMC) stock gained 45% on Monday. Shares closed at $29.33 each, above their highest closing level of the year in early January. The cinema chain’s CEO Adam Aron told Reuters investors should expect to see more “transformational” deals in the future. “I’d like to think there will be more third-party external M&A announcements going forward where AMC can reach for the stars and intriguing investments that have potentially attractive returns,” Aron said. Earlier this month AMC announced it… Source link

European markets were in the green as the latest round of peace talks kick off in Turkey on Monday. Photo: Ty O’Neil/SOPA Images/LightRocket via Getty European markets started the week in the green as oil prices fell after parts of Shanghai entered lockdown and Ukraine and Russia start their latest round of peace negotiations on Monday in Turkey. The FTSE 100 (^FTSE) shot up 0.5% as investors watch out for a speech from Bank of England governor Andrew Bailey on Monday. UK chancellor Rishi… Source link