CarMax stock suffering biggest selloff in 22 years as inflation, low consumer confidence lead to big profit miss
admin CarMax Inc. investors were enduring the worst day in more than 20 years on Thursday,…
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All US-based Instagram and Facebook users can showcase NFTs on the platform
All US-based users of Instagram and Facebook can now display nonfungible tokens by connecting their…
Read MoreCalifornia launches crackdown on crypto scams as scrutiny intensifies
California’s Department of Financial Protection and Innovation, or DFPI, announced on Tuesday that it had…
Read MoreFed’s Mester cool to talk of potential ‘pause’ in rate hikes
Cleveland Federal Reserve President Loretta Mester on Thursday pushed back on the notion that the…
Read MoreThese long-duration bond ETFs have cratered the most from their peaks over past year, sinking below other assets as U.S. dollar soars
Hi! In this week’s ETF Wrap, you’ll see how badly long-duration bonds have fared relative…
Read MoreThe U.S. economy shrank in the first half of 2022, new GDP figures confirm
The numbers: The U.S. shrank in the first six months of the year, revised government…
Read MoreU.S. jobless claims drop to lowest level since April
The numbers: Initial jobless claims fell by 16,000 to 193,000 in the week ended September…
Read MoreGold resumes downward trend after brief BoE-inspired reprieve
Gold futures weakened on Thursday, after rising to their highest level in nearly a week,…
Read MoreU.S. economy shrank in the first half of 2022, updated GDP figures confirm
The numbers: The U.S. shrank in the first six months of the year, revised government…
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Amazon, Google stock-price targets fall as odds of a recession rise
Truist analyst Youssef Squali lowered his price targets and revenue estimates on some internet giants,…
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