World news

Blk DNM Introduces Intelligence Into Clothing With Blockchain, In Fi...

Stockholm, Sweden, June 15th, 2023, Chainwire BLK DNM bridging the Physical and Virtual Worlds of Fashion through Blockchain Innovation Swedish-Americ...

Cava stock doubles in market debut: ‘this is just the beginning’

Cava Group – the chain of Mediterranean restaurants started trading on the New York Stock Exchange under the ticker symbol “CAVA” on...

Unilever is buying frozen yogurts brand Yasso Holdings

Unilever plc (LON: ULVR) is in focus today after the consumer goods giant said it was buying Yasso Holdings – a U.S. based brand of frozen Greek...

Stocks surging as Fed pauses, but uncertainty remains with monetary...

For the first time since March 2022, the Federal Reserve is not hiking interest rates. After ten consecutive rate hikes – a pace which has not b...

Big-box retailer Target Corp raises dividend by 1.9%

Shares of Target Corp (NYSE: TGT) jumped nearly 3.0% this morning after the big-box retailer announced an increase in its quarterly dividend. Target n...

ECB preview: 2 reasons to buy the euro regardless of the ECB’s messa...

Europe is in a tough spot. The war in Ukraine led to a wave of economic sanctions against Russia and an unprecedented economic effort from European ec...

ASX 200 index outlook as Australia unemployment rate slips

The ASX 200 (ASX) index moved sideways on Thursday after the mixed economic data from Australia and Chinese economic numbers. The index, which tracks...

Cramer says ‘buy’ as Humana stock slips on UNH’s warning

Humana Inc (NYSE: HUM) lost more than 10% this morning after peer UnitedHealth Group Inc (NYSE: UNH) warned of rising costs. UNH reports uptick in out...

Global Non-Profits Textile Exchange and Leather Working Group Team U...

In a drive for collective action towards creating equitable, transparent, and deforestation-free leather supply chains, the global non-profits Textile...

7 recent developments that may have tested Janet Yellen’s faith in t...

Treasury Secretary Janet Yellen testified before the Housing Financial Services Committee yesterday. Of note, were her comments reportedly relating to...

Blackstone Mortgage Trust: Buy the 9.5% yielding BXMT stock

The Blackstone Mortgage Trust (NYSE: BXMT) stock price has bounced back in the past few weeks even as the challenges in the real estate market remain....

Fed likely to hold rates steady as CPI declines to a 2-year low

The much-awaited CPI data was released today and were in sync with industry expectations. CPI declined to 4% YoY, reaching this level for the first ti...

The biggest asset bubble ever: 1980s Japan – Case Study

I do a lot of analysis around long-term returns in the stock market. Countries vs countries. Funds vs funds. Sectors vs sectors. While past returns ar...

H2 2023 rate outlook: Fed policy and its inherent contradictions

With the FOMC announcement scheduled for the 14th of June, markets are largely expecting Jay Powell to maintain the status quo. Jeffries’ Chief...

The next housing market crash forecasts are a mirage

Concerns about the housing market have been around since the last Global Financial Crisis. With interest rates rising, there have been worries that th...

Realty Income stock sits and waits at a key support

Realty Income (NYSE: O) stock price has been in a downward trend this year as concerns in the REIT industry continue. The stock has plunged by more th...

Nasdaq statistics in 2023

The Nasdaq is the world’s largest electronic stock exchange and second-largest stock exchange globally in terms of market capitalization behind...

The impact of the rising cost of materials and labor in the construc...

The rising costs of building material is having a major impact on the construction industry. According to a Minneapolis Fed survey, over 65% of respon...

REIT ETFs VNQ and USRT have bottomed: buy the dip now?

Real Estate Investment Trusts (REITs) have underperformed this year as the industry comes under substantial headwinds. The Vanguard Real Estate ETF (V...

Housing unaffordability hits all-time high in UK

The excellent Irish economist, David McWilliams, said something in a recent podcast episode that got me thinking. “For the first time in many ge...