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Breaking News & Top Stories

Month: June 2023

JPM, WFC, MS boost bank dividends after Fed stress test

Jamie Dimon, CEO, JP Morgan Chase, throughout Jim Cramer interview, Feb. 23, 2023. CNBC Giant U.S banks together with JPMorgan Chase, Wells Fargo and Morgan Stanley mentioned Friday they plan to lift their quarterly dividends after clearing the Federal Reserve’s…

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Nasdaq on course for best start to year in four decades

Obtain free Markets updates We’ll ship you a myFT Day by day Digest e mail rounding up the most recent Markets information each morning. The Nasdaq Composite is heading in the right direction for its finest first half of the…

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Robert Reffkin: ‘Pandemic Craze’ Will Return Once Mortgage Rates Hit 5%

Compass CEO Robert Reffkin revealed on CNBC how unstable mortgage charges are sidelining homesellers and why a lift in existing-home stock might occur as early as December. In these instances, double down — in your expertise, in your data, on…

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Most investors believe we are in a new bull market and there will be no recession in 2023

Merchants on the ground of the NYSE, June 29, 2023. Supply: NYSE Nearly all of Wall Road traders consider shares have entered a brand new bull market and the U.S. economic system will skirt a recession in 2023, in keeping…

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Republican candidate Chris Christie: ‘Trump wants to be Putin in America’

I arrive 1 / 4 of an hour early on the Tick Tock Diner to find that Chris Christie is already there. “You’ll find him on the again,” says a waitress. It’s exhausting to consider a extra atmospheric setting to…

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Pending Home Sales Fall, But Northeast Sees A Surge | Inman

Gross sales of pending properties declined 2.7 % in Might and have been down 22.2 % from a 12 months in the past, however the Northeast noticed a 12.9 % improve, based on new information from the Nationwide Affiliation of…

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Shein denies U.S. IPO rumors

Two folks maintain two Shein baggage after getting into SHEIN’s first bodily retailer in Madrid, Spain, June 2, 2022. Cezaro De Luca | Europa Press | Getty Pictures Chinese language quick vogue large Shein on Friday denied a Reuters report…

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Foreign investors pile into Japan’s stock rally

Obtain free Asia-Pacific equities updates We’ll ship you a myFT Every day Digest e mail rounding up the newest Asia-Pacific equities information each morning. Japanese shares are drawing in international funding flows after their strongest begin to a yr in…

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Good News About the Economy Could Send Mortgage Rates Back Up

In these instances, double down — in your expertise, in your data, on you. Be a part of us Aug. 8-10 at Inman Join Las Vegas to lean into the shift and be taught from the most effective. Get your…

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Nike (NKE) earnings Q4 2023

Nike missed on earnings throughout its fiscal fourth-quarter for the primary time in three years because the retailer reported decrease margins that weighed on income. Shares dropped almost 4% in prolonged buying and selling. Shares have fallen about 3% this…

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