The dollar has been struggling to maintain its value against a basket of peers, hovering near its lowest point in over a year. Market attention is focused on the anticipated U.S. interest rate cut next month, with traders eagerly awaiting more information to gauge the size of the rate reduction. This uncertainty has led to
As the stock market has shown signs of recovery from the early August sell-off, some stocks have emerged as potential winners with strong momentum. The S & P 500, Dow Jones Industrial Average, and Nasdaq Composite have all rebounded, setting a more positive tone for the overall market. CNBC Pro recently conducted a screen using
The transfer of ownership of the RFK Stadium site from the federal government to the District of Columbia seems to be stuck in a political limbo. Despite bipartisan support in Congress for the “D.C. Robert F. Kennedy Memorial Stadium Campus Revitalization Act,” the legislation has been stagnant in the Senate since May. The major players
The municipal market data article provides an in-depth analysis of the current state of municipals, U.S. Treasury yields, and equity performance. It delves into various ratios, market conditions, and expert opinions to give readers a comprehensive overview of the municipal market landscape. However, the article lacks a cohesive structure and fails to present the information
The latest data on the S&P CoreLogic Case-Shiller U.S. National Home Price Index reveals that home prices have reached an all-time high, despite the increase in mortgage interest rates. The index shows that nationally, home prices have increased by 5.4% compared to June 2023. While this marks a record high for the index, the annual
Bitcoin’s price took a hit on Tuesday as geopolitical tensions escalated around the world. The largest cryptocurrency in the world fell by 1.4% to $3,106.6, following a weekend rally. This decline was in line with losses seen in the stock markets as concerns over geopolitical risks intensified. Canada’s imposition of trade tariffs on China, along
The recent imposition of Canadian trade tariffs on China has had a significant impact on Asian currencies, leading to a weakening across the region. The fear of a potential trade war has intensified, causing concern among investors and traders. This has resulted in a decline in the value of most Asian currencies, as market uncertainty
The world has witnessed a staggering 95% increase in the population of crypto millionaires over the past year, as reported by New World Wealth and Henley & Partners. The number of individuals holding more than $1 million in crypto assets has now reached 172,300, a significant jump from 88,200 in the previous year. What is
Fans of the Dallas Mavericks and the New Orleans Pelicans may have to find a new way to watch their favorite teams in the upcoming NBA season. Both teams are parting ways with their regional sports networks, which are owned by Diamond Sports. This information was revealed in a recent bankruptcy court filing, causing uncertainty
As the Federal Reserve considers cutting interest rates in September, another important deadline looms for homebuyers and sellers. The National Flood Insurance Program (NFIP), which needs reauthorization by September 30, plays a crucial role in protecting homes from flood damage. If Congress fails to act, the lack of NFIP authorization could affect the ability to