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Real Estate

“Mortgage refinance demand drops further, despite homeowners sitting on $17 trillion in equity”

“… …” https://www.cnbc.com/2024/07/10/mortgage-refinance-demand-drops-with-homeowners-sitting-on-huge-equity.html

Economy

“Logistics companies scramble after bridge collapse closes Port of Baltimore until further notice”

“Logistics companies up and down the East Coast were urgently relaying messages back and forth to clients Tuesday on the status of their imports and exports after the Port of Baltimore was shut down in response to the collapse of the city’s… Continue Reading…

Business

“Bud Light falls further, Modelo extends lead as best-selling US beer”

“…Total beer sales in the U.S. were up 2.2% in dollar sales for the week ending Aug. 19, but three brands saw double-digit increases in both sales and volume: Miller Lite was up 18.5% in sales and 12.3% in volume, Coors Light… Continue Reading…

Banking

“Credit Suisse shares tank after Saudi backer rules out further assistance”

“Shares of Credit Suisse on Wednesday plunged to a fresh all-time low for the second consecutive day after a top investor in the embattled Swiss bank said it would not be able to provide any more cash due to regulatory… Continue Reading…

Stocks

“Stocks slide on inflation concerns as oil prices rise further”

“…Strong U.S. and European corporate results could not stop a slide on Wall Street, where the Nasdaq entered a correction, as rising crude prices kept inflation concerns alive even as bond yields eased a bit after earlier touching fresh multiyear… Continue Reading…

Stocks

“3 Monster Growth Stocks With Room for Further Upside”

“Everi Holdings (EVRI)… Everi has a unanimous Strong Buy analyst consensus rating, showing that Bain’s view is no outlier. That consensus is based on 7 recent reviews of the stock. The shares are currently priced at $24.69, and recent gains… Continue Reading…

Stocks

“3 Monster Growth Stocks With Potential for Further Gains”

“Cowen Group (COWN)… The Piper Sandler analyst is the bullish outlier here, but Wall Street, for the most part, agrees with him on Cowen, as shown by the 3 to 1 split favoring Buy to Hold reviews. Shares are priced at… Continue Reading…

Economy

“U.S. consumer spending rises for second straight month, income drops further”

“The Commerce Department said on Friday that consumer spending, which accounts for more than two-thirds of U.S. economic activity, rose 5.6% last month after a record 8.5% jump in May as more businesses reopened. Consumers stepped up purchases of clothing… Continue Reading…

Economy, Stocks

“Stocks could fall a further 7% after last week’s correction. But here’s why Morgan Stanley says that’s ‘healthy’”

“The three major benchmark indexes suffered their biggest weekly losses since March 20 last week, as the Federal Reserve’s downbeat economic outlook and rising coronavirus cases unsettled investors. Fears of a second wave grew over the weekend and U.S. stock futures pointed lower early… Continue Reading…