Economy - Finance

AM Best Upgrades Credit Ratings of Friday Health Plans of Colorado, Inc

2 minutes ago   |   A.M. Best   |   5 articles

AM Best has upgraded the Financial Strength Rating to C from C- and the Long-Term Issuer Credit Rating to “ccc” from “ccc-” of Friday Health Plans of ...
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21-hectare Beachfront One&Only Aesthesis Resort Announced

21-hectare Beachfront One&Only Aesthesis Resort Announced

4 minutes ago   |   Hotel News Resource

Kerzner International Holdings Limited has entered into a resort management agreement with Grivalia Hospitality S.A. for One&Only Aesthesis to be developed in Athens, Greece.
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California May Housing: Sales up 87% YoY, "Signs of cooling"

6 minutes ago   |   Calculated Risk

Note: Remember sales were weak in April and May 2020 due to the pandemic, so the YoY comparison is easy. The CAR reported: California home sales ease in May as statewide median...
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YouTuber Matt Kohrs is trumpeting the explosive rallies in AMC and other meme stocks to his 318,000 subscribers. He breaks down why he and other retail traders are 'diamond-handing.'

YouTuber Matt Kohrs is trumpeting the explosive rallies in AMC and other meme stocks to his 318,000 subscribers. He breaks down why he and other retail traders are 'diamond-handing.'

6 minutes ago   |   Business Insider

Summary List Placement Matt Kohrs said he started trading at a young age after hearing his parents and grandparents talk about stocks. "I don't even remember my first penny...
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Companies should utilize real-time compensation data to ensure equal pay

16 minutes ago   |   Tech Crunch

Chris Jackson Contributor Share on Twitter Chris Jackson is the vice president of client development at CompTrak , a compensation management software provider based in...
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Fed is still disappointed in jobs progress, says Grant Thornton's Swonk

30 minutes ago   |   CNBC   |   2 articles

Sameer Samana, senior global markets strategist for Wells Fargo Investment Institute, and Diane Swonk, chief economist at Grant Thornton, join "Squawk on the Street" to discuss...
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Here's how the Fed could handle risks of inflation

30 minutes ago   |   CNBC   |   2 articles

Sameer Samana, senior global markets strategist for Wells Fargo Investment Institute, and Diane Swonk, chief economist at Grant Thornton, joins "Squawk on the Street" to...
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GM increases EV and AV investments to $35B through 2025

32 minutes ago   |   Tech Crunch   |   4 articles

General Motors Co. has yet again upped the amount it says it will spend on electric and autonomous vehicle investments, saying Wednesday that it would spend $35 billion through...
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Singapore Regulators Reprimand Four Firms Over Risk Management Breaches, Remuneration

34 minutes ago   |   A.M. Best

The Monetary Authority of Singapore has reprimanded four firms - AIA Financial Advisers, Prudential Assurance Company Singapore, Aviva and Aviva Financial Advisers - for...
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Regulators are reportedly sounding the alarm over stablecoins, fearing they are poorly understood and could be used to launder money

Regulators are reportedly sounding the alarm over stablecoins, fearing they are poorly understood and could be used to launder money

44 minutes ago   |   Business Insider

Summary List Placement Regulatory concern is mounting over stablecoins, digital money pegged to fiat currencies , as officials worry they could be used to dupe consumers or...
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Comments on May Housing Starts

Comments on May Housing Starts

Earlier: Housing Starts increased to 1.572 Million Annual Rate in May Total housing starts in May were below expectations, and starts in March and April were revised down... Read more ...

US stocks trade mixed as investors await inflation outlook from the Fed

US stocks trade mixed as investors await inflation outlook from the Fed

Summary List Placement US stocks were mixed Wednesday as investors paused before a key decision by the Federal Reserve coming later in the day. The Federal Open Market... Read more ...

Introhive raises $100M to automate customer relationship management

Introhive raises $100M to automate customer relationship management

Introhive, a company providing customer relationship management automation solutions, has raised $100 million in a growth equity round. Read more ...

Rod MacIver passed on Warren Buffett's Berkshire Hathaway at $97 a share...

Rod MacIver passed on Warren Buffett's Berkshire Hathaway at $97 a share. The money manager shares the key lessons he learned, and explains why Buffett's portfolio needs a major overhaul

Summary List Placement Rod MacIver passed up the chance to buy Berkshire Hathaway stock at $97 in 1982. A single "A" share of Warren Buffett's company trades at north of... Read more ...

This startup just raised $226 million to help make plant-based cheese gooey...

This startup just raised $226 million to help make plant-based cheese gooey. Its CEO reveals the big opportunity in developing alternative protein ingredients that taste like the real thing

Summary List Placement There's big money in tiny but vital food ingredients for alternative proteins. Boston-based Motif FoodWorks raised $226 million in a Series B funding... Read more ...

El Salvador's 'stupid' decision to adopt bitcoin as legal tender could...

El Salvador's 'stupid' decision to adopt bitcoin as legal tender could collapse the economy, economist Steve Hanke said

Summary List Placement El Salvador's move to classify bitcoin as legal currency has the potential to completely collapse its economy, Steve Hanke, professor of applied... Read more ...

Billionaire hedge fund manager Paul Tudor Jones says to 'go all in on the...

Billionaire hedge fund manager Paul Tudor Jones says to 'go all in on the inflation trades' if the Fed stays nonchalant about rising prices. Here are 3 trades from top investors, and 3 hedging strategies if the Fed delivers a surprise u-turn

Summary List Placement All eyes are on the Fed's meeting this week as one hotter-than-expected inflation reading after another keeps adding to the inflationary pressure... Read more ...

Wall Street firms are snapping up every single home they can find. Here are...

Wall Street firms are snapping up every single home they can find. Here are the 6 most important things to know about how their investment strategies can make life harder for regular homebuyers

Summary List Placement The competition to purchase a home right now is vicious . Prospective buyers have flocked to open houses and touched off bidding wars amid a dearth of... Read more ...

Stanley Druckenmiller and Dan Loeb's Third Point back $70 million funding...

Stanley Druckenmiller and Dan Loeb's Third Point back $70 million funding round for crypto asset manager Bitwise

Summary List Placement Stanley Druckenmiller and Dan Loeb's Third Point participated in a $70 million Series B fundraising round for Bitwise Asset Management, the company... Read more ...

Second Home Market: South Lake Tahoe in May

Second Home Market: South Lake Tahoe in May

Three months ago, from Jann Swanson at MortgageNewsDaily: Fannie Warns Lenders on Investment Properties and 2nd Homes. This action will result in higher interest rates on 2nd... Read more ...