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Airbnb, Blackstone to join S&P 500, while Deere will replace Walgreens in S&P 100
Shares of investment giant Blackstone Inc. and vacation-home rental platform Airbnb Inc. rallied after hours…
China’s central bank to cut FX reserve ratio
China’s central bank said Friday that it would lower the amount of foreign-exchange deposits banks…
Hong Kong Morning Trading Session to Be Canceled Due to Typhoon — Update
By P.R. Venkat Hong Kong's morning trading session has been canceled due to a typhoon…
China Caixin PMI Returns to Expansion — Update
A private gauge of China's factory activity swung to expansion in August, thanks to improved…
Chinese Property Stocks Gain on Stimulus Measures
By Sherry Qin Property stocks listed in mainland China gained Friday after Beijing said it…
Rising Unemployment Cuts Chances Of Fed Raising Interest Rates This Month
U.S. unemployment for the month of August has nudged up to 3.8%, maybe signaling some…
Major Chinese Banks Cut Yuan Deposit Rates to Protect Profits
Chinese banks including major state lenders cut interest rates on a range of yuan deposits…
David Rolfe Exits First Republic Bank, Boosts PayPal Position
Summary The guru upped his PayPal PYPL position. He also trimmed top holdings Apple AAPL…
ETF flows ‘swoon’ in August as this area of bonds dominate
Hi! In this week’s ETF Wrap, you’ll see the spot in markets investors liked in…
Kraft Heinz Enters Oversold Territory
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks,…
Lululemon Beats Earnings and Raises Guidance. Its Momentum Continues.
Lululemon Athletica posted another “beat and raise” quarter, sending the stock higher in after-hours trading. …
PCE Inflation Report Bang On Expectations
Key takeaways July’s PCE headline and core inflation both ticked higher but in line with…
Insurers Will See Smaller Loss From Hurricane Idalia. Here Is Why.
Hurricane Idalia will likely cause $10 billion to $16 billion in property damage, according to…
The Affect Of Covid On Defaults In The Municipal Bond Market
The economic consequences of the Covid pandemic have been extensive and are still playing out…
Dell Stock Surges After Earnings Blow Past Forecasts. Demand Is on the Mend.
Dell Technologies posted better-than-expected financial results, beating expectations for both its PC and enterprise infrastructure…