Fed officials pushed back against expectations that the central bank is about to let up on rate-hike increases. Investors have begun to expect the Fed to pause rate hikes in 2023 and then to start cutting borrowing costs. But Fed official Mary Daly said the central bank is “nowhere near almost done” in its quest… Continue reading The Fed has pushed back hard on expectations it will pause rate hikes, with officials saying it’s ‘nowhere near’ done
Global stocks fall as US-China tensions mount while the dollar steadies after Fed-driven rally
Global stocks declined Wednesday as tensions heat up between US and China over Taiwan. The dollar eased after a steep rally the day before when investors snapped up safe-havens. Oil prices tumbled ahead of an OPEC meeting where supply is expected to stay tight. Loading Something is loading. Global stocks fell on Wednesday, as US-China… Continue reading Global stocks fall as US-China tensions mount while the dollar steadies after Fed-driven rally
7 million retail investors have left Robinhood in a year as stocks and cryptocurrencies plummet
Robinhood’s monthly active users plunged 34% to 14 million over the past year. Retail investors are leaving the platform as stocks and cryptocurrencies plummet. The trading app now plans to cut 23% of its staff, chief executive Vlad Tenev said. Loading Something is loading. Robinhood has lost a third of its users in the space… Continue reading 7 million retail investors have left Robinhood in a year as stocks and cryptocurrencies plummet
CHESAPEAKE ENERGY CORPORATION REPORTS 2022 SECOND QUARTER RESULTS AND ANNOUNCES IT IS SOLIDIFYING ITS STRATEGIC FOCUS ON CORE MARCELLUS AND HAYNESVILLE POSITIONS
, /PRNewswire/ — Chesapeake Energy Corporation (NASDAQ: CHK) today reported 2022 second quarter financial and operating results and announced the company is taking actions to solidify its strategic focus on its core Marcellus and Haynesville positions. Net cash provided by operating activities of $909 millionDelivered adjusted EBITDAX(1) of $1,269 million and $494 million in adjusted… Continue reading CHESAPEAKE ENERGY CORPORATION REPORTS 2022 SECOND QUARTER RESULTS AND ANNOUNCES IT IS SOLIDIFYING ITS STRATEGIC FOCUS ON CORE MARCELLUS AND HAYNESVILLE POSITIONS
Oil prices have dropped below a key threshold for the first time in 7 months but it doesn’t spell the end for growth in energy stocks, research firm says
West Texas Intermediate crude has fallen below its 200-day moving average for the first in seven months. WTI oil had been above that average for 152 trading days before falling sharply in the previous session. But the move doesn’t mean a downturn is in store for the S&P 500 energy sector, one research firm said. … Continue reading Oil prices have dropped below a key threshold for the first time in 7 months but it doesn’t spell the end for growth in energy stocks, research firm says
Estimated Taxes: How to Determine What to Pay and When
For information on the third coronavirus relief package, please visit our “American Rescue Plan: What Does it Mean for You and a Third Stimulus Check” blog post. Key Takeaways• If you expect to owe more than $1,000 in federal taxes for the tax year, you may need to make estimated quarterly tax payments using Form… Continue reading Estimated Taxes: How to Determine What to Pay and When
Add Another Housing Bear — Bank of America’s Think Tank
You can add the Bank of America Institute, an internal think tank, to those who see a bleak outlook for the housing market. “After two years of record growth, the U.S. housing market has reached a turning point, as elevated home prices and surging mortgage rates weigh on affordability and demand,” institute economists wrote in… Continue reading Add Another Housing Bear — Bank of America’s Think Tank
11 Best Vacuum Cleaners of 2022
Every Saturday morning, without fail, our chore was to vacuum the house. Our mother instilled in us a sense of pride in a job well done, and when it came to vacuuming that meant really clean and neat vacuuming lines in the carpet. Is there any better sight? No? That’s just us? Moving on, then.… Continue reading 11 Best Vacuum Cleaners of 2022
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