Inflation in the U.S. may not be able to go any higher in the current economic cycle, CNBC’s Jim Cramer said Tuesday on the heels of yet another hot price index report. “I think this is the highest I’ve ever seen these numbers, and they merit attention, they merit what Mr. Bullard said yesterday, and
In this article TTD LZB KHC SHOP-CA GNRC WYNN Check out the companies making headlines before the bell: Generac (GNRC) – The maker of generators and power equipment saw its stock rise 2.6% in the premarket after beating top and bottom-line estimates for the fourth quarter. Generac earned an adjusted $2.51 per share, 11 cents
Topline Disney’s theme park division is developing master-planned residential communities that the company claims will meet demand from fans looking for “new ways to make Disney a bigger part of their lives,” the latest project in the Mouse House’s decades-long efforts to expand into residential development. Key Facts “Storyliving by Disney” communities will be master-planned
A worker makes repairs to a home under construction at the Lennar Bridgeway home development on December 15, 2021 in Newark, California. Justin Sullivan | Getty Images Supply chain issues for homebuilders appear to be getting worse, and that is weighing on confidence in the industry. Builder confidence in the single-family, newly built housing market
Municipal triple-A yield curves were cut up to six basis points Tuesday in another day of selling pressure exacerbated by losses in U.S. Treasuries while equities rallied on easing Russian/Ukraine tensions. The municipal to UST ratio five-year was at 74%, 84% in 10 and 89% in 30, according to Refinitiv MMD’s 3 p.m. read. ICE
Global and macroeconomic concerns ranging from rising inflation rates in the United States to the prospect of Russia invading Ukraine continue to spark volatility in financial markets. To the surprise of many analysts, the mood in the cryptocurrency market shifted in a positive direction on Feb. 15 after Bitcoin (BTC) climbed to $44,500 and Ether
The U.S. Securities and Exchange Commission (SEC) has warned investors about the “risks with accounts that pay interest on crypto-asset deposits.” The warning coincides with the first enforcement action the agency took against crypto lending platforms. SEC Warns About Risks in Interest-Bearing Crypto Accounts The U.S. Securities and Exchange Commission’s Office of Investor Education and
The Puerto Rico House of Representatives approved money for the central government’s Plan of Adjustment Tuesday, setting the stage for dollars to begin flowing to bondholders who have not been paid since the island defaulted on its debt in 2016. The measure authorizes spending $10.9 billion from past years’ revenues for paying various Plan of
This week on “The Market Report,” we jump right into our main event. Join Cointelegraph analysts Benton Yaun, Jordan Finneseth, Sam Bourgi and Ornella Hernández as they debate each other on the top metaverse projects on the market. First up, we’ve got Bourgi’s pick of Wilder World, which allows you to interact with its immersive
Artur Widak | NurPhoto | Getty Images The bitcoin narrative could be tested this week as investors monitor tense developments between Ukraine and Russia and weigh the possibility of the Federal Reserve hiking interest rates by 50 basis points, or 0.5 percentage point, in March. The largest cryptocurrency by market capital currency has long been
Take a look at some of the biggest movers in the premarket: Monster Beverage (MNST), Constellation Brands (STZ) – Merger talks between Monster Beverage and Constellation Brands are progressing, according to people familiar with the matter who spoke to Bloomberg. Those people say an agreement between the two companies could be reached within weeks if
The multifamily asset class is considered the lifeblood of real estate investing in New York City and for decades has been the most stable asset class. Yet, when the political (namely HSTPA 2019) and public health environments turned adverse, the bet on multifamily was suddenly no longer safe. Amid industry shock, the vacancy rate and
This is an excerpt from the CNBC Make It newsletter. Subscribe here. If you’ve been paying attention to headlines (or your own lease renewal) then you’ve likely seen that rent is higher than it was a year ago. A lot higher. Putting a larger share of your income toward rent is, obviously, bad for your finances
Municipals were weaker Monday, with yields rising two to five basis points, as U.S. Treasuries saw losses reversing Friday’s rally, while equities ended in the red on continued geopolitical tensions between Russia and Ukraine. The municipal to UST ratio five-year was at 72%, 83% in 10 and 89% in 30, according to Refinitiv MMD’s 3
WASHINGTON — Sen. Jon Tester, D-Mont., said he would vote to confirm Sarah Bloom Raskin to be the Federal Reserve’s next vice chair for supervision. Speaking to Yahoo Finance on Monday, Tester — considered a centrist voice on the Senate Banking Committee — said that he would vote to advance Raskin’s nomination out of the
Bitcoin (BTC) filled the CME futures gap in advance prior to the Wall Street open on Feb. 14, reaching $42,870. Trader: Volatility gone, but not for long Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining swiftly Monday, with the start of U.S. trading keeping the pair around $42,500. Sunday’s weekly close had disappointed analysts,
Elon Musk gestures as he speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. Jim Watson | AFP | Getty Images CAMERON COUNTY, Texas — Standing under the towering profile of SpaceX’s next-generation Starship rocket, CEO Elon Musk on Thursday gave his pitch for
Take a look at some of the biggest movers in the premarket: Splunk (SPLK) – Cisco Systems (CSCO) made a more than $20 billion takeover bid for the cloud software company, according to people familiar with the matter who spoke to The Wall Street Journal. A deal of that size would represent the networking equipment
Ambergris Cay, located in the southeastern portion of the Turks and Caicos island chain, is a luxurious private island in the Caribbean unlike any other. It is one of the only private islands in the world that is accessible by private jet. On top of that, Ambergris Cay offers private beachfront villas available to rent
Lorena Fortuna, right, and her husband Anderson, holding their daughter Valentina, look at outdoor furniture at the Jordan’s Furniture store in Reading, Mass. on Friday, June 7, 2019. Gregory Rec | Portland Press Herald | Getty Images Demand for home remodeling jumped dramatically in the last two years, as Americans hunkered down in their homes