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The MoneyShow Market Minute for May 22, 2024
MoneyShow via Yahoo Finance· 2 days agoStocks posted modest gains yesterday, but they’re showing modest losses in the early going today. Gold and silver are pulling back along with crude oil and Treasuries. The dollar and Bitcoin are up a bit.
Goldman Alone to Call First Rate Cut by Egypt After Devaluation
Bloomberg via Yahoo News· 2 days ago(Bloomberg) -- Egypt’s central bank will review interest rates for the first time since delivering...
Bond Buyers Paid Least in Years for EM Corporate-Bond Risk
Bloomberg via Yahoo Finance· 4 days ago(Bloomberg) -- Investors are getting the least compensation in six years for leaving the safety of...
Explainer-How will the US and allies use Russia's frozen assets to aid Ukraine? By Reuters
Investing.com· 3 days agoIt is the first in what could be a series of moves by the G7 group of large Western nations to...
US regulators reconsider capital hike for big banks, WSJ reports By Reuters
Investing.com· 5 days agoRequired increases in capital for banks like JPMorgan and Goldman Sachs meant to ensure they have...
Load shedding & water woes: Can South Africa fix its ailing infrastructure?
Al Jazeera· 2 days agoSince 2007, electricity cuts have become so common that Eskom – the state-owned electricity supplier...
Wu's insights from Italy
Politico· 4 days agoThat tracks with Spilka’s remarks on OTR that the state “may be getting some funding from the federal government” in “a few months.” But none of it is enough to cover what’s expected to add ...
W- A Furniture and Housewares Retail Play That Has Earned an Upgrade
MoneyShow via Yahoo Finance· 3 days agoWe are upgrading Wayfair Inc. (W) to “Buy” from “Hold,” with a price target of $83. Home furnishing sales began the year weak; however, growth in orders and active users − customers who have ...
Harsanyi: Biden's China tariffs combined with EV mandates a disaster
Detroit News· 2 days agoNot long ago, President Joe Biden promised to transform the American auto industry "first with...
Inside Georgia’s Crusade to Make Bail Unpayable
Mother Jones· 3 days agoFight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters. In early May, Georgia lawmakers celebrated the...