September 23, 2021
“”Stock prices would be cut almost in one-third at the worst of the sell-off, wiping out $15 trillion in household wealth. Treasury yields, mortgage rates, and other consumer and corporate borrowing rates spike, at least until the debt limit is… Continue Reading…
July 30, 2021
“The stock market was off its opening lows Friday morning as the Nasdaq composite took the hardest hit from weakness in Amazon.com (AMZN) in particular.Volume 0% Amazon.com slid nearly 7% after the company reported second-quarter sales that missed views and gave a disappointing forecast… Continue Reading…
April 26, 2021
“At around 3 p.m. London time, the price of the world’s most valuable digital currency climbed more than 8% to $53,757 a coin, according to data from Coin Metrics. Two smaller digital tokens, ether and XRP, rose 9% and 15% respectively. Last week, bitcoin slumped below… Continue Reading…
December 14, 2020
“The payments processor said total spending decreased 10% on a constant dollar basis, and the number of processed transactions tumbled 13% from a year earlier. Cross-border volume slid 47% as the continuing global pandemic continued to hurt travel demand…” https://finance.yahoo.com/news/visa-profit-falls-23-payment-202056696.html… Continue Reading…
December 14, 2020
“However, Domino’s diluted EPS was $2.49 for the third quarter of 2020, lowered than the market expectation of $2.79, but better than $2.05 in the prior-year quarter. That lower-than-expected profit on was largely due to surge pandemic-related costs – general… Continue Reading…
September 10, 2020
“There were more than 15,000 empty rental apartments in Manhattan in August, up from 5,600 a year ago, according to a report from Douglas Elliman and Miller Samuel. The inventory of empty units is the largest ever recorded since data… Continue Reading…
September 7, 2020
“GUANGZHOU, China — Shares of Semiconductor Manufacturing International Corp (SMIC), China’s biggest contract chipmaker, plunged over 23% on Monday, after the U.S. government said it was considering putting export restrictions on the company. The firm’s Hong Kong-listed shares plummeted by 22.88% to… Continue Reading…
August 6, 2020
“Apartment contracts in Manhattan fell by more than half in July, while deals in many New York suburbs more than doubled, showing a continued flight from the city over the summer. The number of signed contracts for co-ops and condos… Continue Reading…
June 25, 2020
“Darden Restaurants on Thursday reported that same-store sales were nearly cut in half during the fiscal fourth quarter as dining room closures from the coronavirus pandemic weighed on its revenue. But the Olive Garden parent expects its business to pick up in the… Continue Reading…
May 20, 2020
“U.S. crude production fell to 11.5 million barrels per day from 11.6 million bpd in the prior week, EIA said Wednesday. That’s down from a high of 13.1 million in March and the marked the seventh consecutive decrease… U.S. crude futures… Continue Reading…
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