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Dan Sundheim’s D1 Capital places new bets on home furnishing retailers, adds to big tech

Daniel Sundheim’s D1 Capital Partners placed new bets on home furnishing retailers and doubled down on big tech stocks in the fourth quarter.

Published 14 February 2023
Categorised as Finance News

The IRS has issued nearly 8 million tax refunds. Here’s the average payment

The IRS has issued nearly 8 million tax refunds worth about $15.7 billion, as of Feb. 3. Here’s the average payment.

Published 14 February 2023
Categorised as Finance News

Stocks making the biggest moves midday: Palantir, Nvidia, Avis Budget and more

Here are the companies making headlines in midday trading Tuesday.

Published 14 February 2023
Categorised as Finance News

Goldman Sachs CEO says odds of a ‘softer landing’ for U.S. economy have improved

Markets rallied this year as inflation moderated and job growth remains strong, feeding investors’ hope that the economy can stick the elusive soft landing.

Published 14 February 2023
Categorised as Finance News

Inflation rose 0.5% in January, more than expected and up 6.4% from a year ago

The consumer price index was expected to increase 0.4% in January from a month ago and 6.2% on an annual basis, according to Dow Jones.

Published 14 February 2023
Categorised as Finance News

Most couples are ‘financially incompatible,’ survey finds. Having a money talk could help — no matter how long you’ve been together

Communicating about finances with your partner can help you both understand each other’s money mindset. Having a “money talk” can build a stronger relationship.

Published 14 February 2023
Categorised as Finance News

U.S. inflation is likely ‘far stickier’ and could last a decade, Bill Smead says

Inflation in the U.S. is likely to be “far stickier” and could last a decade, according to Bill Smead, chief investment officer at Smead Capital Management.

Published 14 February 2023
Categorised as Finance News

Shut out from their top destinations, Chinese travelers are going here instead

Visa difficulties and high-profile rows with South Korea and Japan are pushing many Chinese travelers to opt for vacations to Southeast Asia.

Published 14 February 2023
Categorised as Finance News

Chinese travelers are choosing Southeast Asia over East Asia

Data from Ctrip shows Chinese travelers are going to Southeast Asia rather than East Asia right now, namely Thailand, Singapore, Malaysia, the Philippines and Indonesia.

Published 14 February 2023
Categorised as Finance News

‘Fed is not your friend’: Wells Fargo delivers warning ahead of key inflation report

Wells Fargo Securities’ Michael Schumacher believes Fed policy is working against equity investors regardless of this week’s inflation data outcome.

Published 14 February 2023
Categorised as Finance News

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