Connecticut’s legal adult-use cannabis market may be young, but it is already experiencing great success. In May, adult-use recreational marijuana sales eclipsed medical sales for the first time in state history. This is a great milestone for the people of Connecticut and it is a great sign of what could happen in the foreseeable future.… Continue reading Cannabis Companies Get Some State Tax Relief: This Week in Cannabis Investing
Stock Market Today: Stocks Climb After Solid Retail Sales, Cava IPO
Stocks started Thursday on a quiet note, but then jolted higher as investors digested global central bank news and a busy day of U.S. economic data that included stronger-than-expected retail sales figures. Following yesterday’s pause on rate hikes from the Federal Reserve, the European Central Bank (ECB) overnight raised interest rates by a quarter-percentage… Continue reading Stock Market Today: Stocks Climb After Solid Retail Sales, Cava IPO
The housing market has about 40% fewer homes for sale than before the pandemic, and listings keep falling
The current housing market offers 39% fewer homes for sale than pre-pandemic, Redfind said. In the four weeks to June 11, the total number of US homes for sale saw the biggest decline in 13 months. Homeowners are unwilling to part ways with low mortgage rates secured before borrowing costs went up. Loading Something is… Continue reading The housing market has about 40% fewer homes for sale than before the pandemic, and listings keep falling
Chinese investors will be back once the country’s property and debt problems are resolved, Mark Mobius says
Chinese investor participation will revitalize the country’s market, Mark Mobius said. But they will only return once China solves its property-sector and debt problems. Real-estate is seen as a key investment in China, the market veteran told Bloomberg TV. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed… Continue reading Chinese investors will be back once the country’s property and debt problems are resolved, Mark Mobius says
Virgin Galactic surges 47% as Richard Branson’s space tourism company preps first commercial flight
Shares of Virgin Galactic soared on Friday on news the company was readying commercial flights. After years of delays, the first flight will take place on June 27, with another scheduled for August. The stock spiked 47% Friday, but is still trading far below highs reached in 2021. Loading Something is loading. Thanks for signing… Continue reading Virgin Galactic surges 47% as Richard Branson’s space tourism company preps first commercial flight
Tesla stock’s dazzling rally is thanks to CEO Elon Musk’s renewed focus on the EV maker, activist investor says
Tesla’s massive share-price rally is thanks to Elon Musk’s increased role at the EV maker, activist investor Ross Gerber said Thursday. “We just have seen full-fledged how Elon’s focus makes such a huge difference,” Gerber told Yahoo Finance. Tesla shares are up by more than 50% since Musk announced a replacement Twitter CEO. Loading Something… Continue reading Tesla stock’s dazzling rally is thanks to CEO Elon Musk’s renewed focus on the EV maker, activist investor says
Microsoft’s market value hits an all-time high of $2.6 trillion as the AI-fueled stock surge continues
Microsoft’s market capitalization climbed to an unprecedented $2.59 trillion Thursday as its stock extended gains. The tech giant’s shares have rallied more than 45% so far this year, buoyed by the investor frenzy over AI-related stocks. Microsoft has been viewed as one of the lead adopters of AI technology among software companies. Loading Something is… Continue reading Microsoft’s market value hits an all-time high of $2.6 trillion as the AI-fueled stock surge continues
How the Debt Ceiling Negotiations Affect the Budget: Kiplinger Economic Forecasts
U.S. politics has a wide-reaching impact not just on the U.S. and its economy but across the world too. Our highly-experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger Letter or subscribe). You’ll get all the latest news first by subscribing, but we… Continue reading How the Debt Ceiling Negotiations Affect the Budget: Kiplinger Economic Forecasts
Recent Post
