Norsk Hydro: Invitation to Hydro's first quarter results 2024

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RBA has gone too far and nervous nellies should admit it as interest rises don't impact these crushing costs
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Morning Bid: Dollar recoils at 160 yen, Tesla's China joy
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a day ago
PA Media: UK News
Home-buyer mortgage approvals jump to highest level since September 2022
Home sales across the UK also increased in March, for the third month in a row.
13 hours ago
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UPDATE 1-Super Micro forecasts quarterly revenue above estimates as AI powers server demand
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The Federal Reserve has entered a two-day meeting that will end with an announcement about its decision regarding interest rates. In the meantime, debate on Wall Street has been raging over how, when, and if the Fed will raise rates. Villere & Co Portfolio Manager Sandy Villere joins Market Domination to give insight into the potential movements from the Fed and what investors should keep in mind as we head into a historically weaker period in the year for the market. Villere offers this advice: "The old adage sell in May and go away is kind of accurate. If you look at the seasonally week period from May through October, it's underperformed the seasonally stronger period, November to April, by about 6% or so. When I'm looking at investing in stocks, though, or selling, I rarely look at any calendar month: we're long-term buy and hold. So I'm not going to go with the old adage, but there is some truth behind it. " For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
3 hours ago
Associated Press Finance
Growing wildfire risk leaves states grappling with how to keep property insurers from fleeing
Months after a catastrophic fire burned more than 2,200 homes in Hawaii, some property owners are getting more bad news — their property insurance won't be renewed because their insurance company has deemed the risk too high. Insurance providers, state regulators and researchers are grappling with how to keep the insurance companies in business while keeping residents and their properties insured and protected. “I think most of the insurers, you know, I’m very grateful that they’re committed to the Hawaii market, so we haven’t seen wholesale withdrawals,” after the Aug. 8, 2023 fire burned through Lahaina and killed 101 people, Hawaii Insurance Commissioner Gordon Ito said during a Wildfire Risk Forum for insurance commissioners held at the National Interagency Fire Center in Boise, Idaho.
22 hours ago
Reuters
WeWork reaches settlement with creditors, rebuffs Neumann bid
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a day ago
Reuters
US STOCKS-Wall Street ends lower as markets weigh strong wage data, Fed meeting
U.S. stocks ended lower on Tuesday as markets weighed economic data showing rising labor costs and deteriorating consumer confidence on the eve of a key Federal Reserve policy meeting to decide the direction of interest rates. Data showed on Tuesday that U.S. labor costs rose by a more-than-expected 1.2% last quarter, indicating an uptick in wage pressures. A survey also found that U.S. consumer confidence worsened in April, dropping to its lowest level in more than 1-1/2 years.
2 hours ago
Reuters
INDIA RUPEE-Rupee subdued tracking Asian peers, bias seen tilted lower
The Indian rupee was little changed on Tuesday, tracking subdued moves in its Asian peers, with traders expecting the local currency to trade with a slight depreciation bias heading into the U.S. Federal Reserve's policy decision. The dollar index was up 0.1% at 105.8, while most Asian currencies were rangebound. The Fed will deliver its policy decision on Wednesday and while it is widely expected to keep rates unchanged, investors will pay attention to remarks from Chair Jerome Powell for cues on policymakers' thinking about the future path of policy rates.
18 hours ago
Reuters
Trump raises stake in his media firm to nearly 65%
The former U.S. president and Republican presidential candidate secured 36 million shares of Trump Media & Technology Group (TMTG), increasing his stake from 57.6% as of March. Reuters reported last week that Trump would secure a stock bonus worth $1.3 billion from TMTG, equivalent to about half the majority stake he already owns in it, thanks to the wild rally in its shares. The bonus also reflects the exuberant trading in TMTG's shares, which have been on a roller coaster ride since the company listed on Nasdaq last month through a merger with a special purpose acquisition company (SPAC) and was snapped up by Trump supporters and speculators.
an hour ago

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Norsk Hydro: Invitation to Hydro's first quarter results 2024

Latest stories

Woolworths worker rages about note posted in lunchroom on company profit: 'Like we are falling for that'

RBA has gone too far and nervous nellies should admit it as interest rises don't impact these crushing costs

As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets

What is an Annuity for Retirement? 15 Dividend Stocks to Buy Instead

Cocoa Prices Swing Wildly as Liquidity Overshadows Supply Issues

Caterpillar to delist shares from two European exchanges

CFPs, CPAs, RIAs and More — What Do Each of These Financial Professionals Do for You?

Wall Street Hit by Fed Jitters to Close Wild April: Markets Wrap

BYD Revenue Misses Estimate as China EV Discounts Take Toll

Morning Bid: Dollar recoils at 160 yen, Tesla's China joy

Home-buyer mortgage approvals jump to highest level since September 2022

UPDATE 1-Super Micro forecasts quarterly revenue above estimates as AI powers server demand

Billionaire Geiger Nears $7 Billion L’Occitane Buyout, Sources Say

Carlyle Picks JPMorgan, Morgan Stanley for IPO or Sale of StandardAero

April trading is over. Is it time to 'sell in May and go away'?

Growing wildfire risk leaves states grappling with how to keep property insurers from fleeing

WeWork reaches settlement with creditors, rebuffs Neumann bid

US STOCKS-Wall Street ends lower as markets weigh strong wage data, Fed meeting

INDIA RUPEE-Rupee subdued tracking Asian peers, bias seen tilted lower

Trump raises stake in his media firm to nearly 65%