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Category: Finance News

Bond yields could race through 5% in next couple of weeks, market forecaster Jim Bianco warns

“I don’t think we’re near the end of this move in the bond market,” the Bianco Research president told CNBC’s “Fast Money” on Tuesday.

Published 4 October 2023
Categorised as Finance News

Bill Gross says the surging 10-year Treasury yield could test 5% in the short term

One-time bond king Bill Gross believes Treasury yields have the potential to shoot even higher in the short run.

Published 4 October 2023
Categorised as Finance News

Pros are bullish on Nike after its latest quarterly results. Here’s what they say

Pros on CNBC discussed Nike after the company reported fiscal first-quarter earnings last week.

Published 3 October 2023
Categorised as Finance News

Powerball jackpot hits $1.2 billion. What’s the best payout option? Experts weigh lump sum vs. annuity

The Powerball jackpot is up to $1.2 billion. Here’s how to decide between the lump sum or annuity payout option.

Published 3 October 2023
Categorised as Finance News

The job market is strong, economists say — but workers don’t think so

The job market has been cooling but resilient but workers’ outlook is souring.

Published 3 October 2023
Categorised as Finance News

U.S. falls in new ‘financial inclusion’ ranking, a global measure of access to financial services, researchers say

The U.S. position in a global ranking of so-called financial inclusion is slipping as consumer confidence in the government has eroded.

Published 3 October 2023
Categorised as Finance News

Stocks making the biggest moves midday: Meta, Warby Parker, McCormick and more

These are the stocks posting the largest moves in midday trading.

Published 3 October 2023
Categorised as Finance News

There’s a shortage of luxury apartments in Manhattan, and it’s driving up prices

The supply of luxury apartments — defined as the top 10% of the market by price — has plunged 24% compared to pre-pandemic levels, according to Miller Samuel.

Published 3 October 2023
Categorised as Finance News

Supreme Court case may gut the CFPB: Consumer watchdog’s ‘future is on the line,’ group says

The Consumer Financial Protection Bureau, created in the aftermath of the 2008 financial crisis, faces an existential threat before the Supreme Court.

Published 3 October 2023
Categorised as Finance News

Stocks making the biggest moves premarket: Warby Parker, HP, Point Biopharma and more

These are the stocks posting the largest moves in premarket trading.

Published 3 October 2023
Categorised as Finance News

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