November 8, 20240 Comments

Consumer confidence surges as election nears; job openings move lower

Consumers grew more optimistic about the U.S. economy heading into the contentious presidential election even as job openings hit multi-year lows, according to separate reports released Tuesday. The Conference Board’s consumer confidence index for October rose more than 11% to a reading of 138, its biggest one-month acceleration since March 2021. Along with that, the board’s expectations index of future conditions jumped nearly 8%, to a reading of 89.1 that

Read More
November 8, 20240 Comments

Fed rate decision November 2024:

WASHINGTON — The Federal Reserve approved its second consecutive interest rate cut Thursday, moving at a less aggressive pace than before but continuing its efforts to right-size monetary policy. In a follow-up to September’s big half percentage point reduction, the Federal Open Market Committee lowered its benchmark overnight borrowing rate by a quarter percentage point, or 25 basis points, to a target range of 4.50%-4.75%. The rate sets what banks

Read More
November 8, 20240 Comments

Pinterest Q3 earnings report 2024

Bill Ready, CEO of Pinterest, rings the opening bell at the New York Stock Exchange on May 15, 2024. Brendan McDermid | Reuters Pinterest shares plunged as much as 15% on Thursday after the social media company provided soft guidance for its fourth-quarter revenue despite beating on the top and bottom lines with its third-quarter earnings. Here’s how the company performed, according to LSEG: Revenue: $898 million vs. $896 million

Read More
November 8, 20240 Comments

A conversation with billionaire real estate investor Jeff Greene

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Billionaire investor Jeff Greene sits down with CNBC’s Robert Frank for an exclusive conversation. They discuss the future of real estate investing in Florida and across the United States, the future of commercial property, and what the outcome of the 2024 election could mean for property buyers. Plus, Greene takes questions from viewers. 44:16 Mon, Oct 21

Read More
November 8, 20240 Comments

Oil prices tick lower but head for strong weekly gains By Investing.com

Investing.com– Oil prices dipped on Friday but remained on track for a weekly gain, driven by OPEC+’s decision to delay production increases and the risk of further supply disruptions in the U.S At 07:25 ET (12:25 GMT), futures fell about 1% to $74.89 a barrel, while West Texas Intermediate dropped 1.2% to $71.47 a barrel. Oil markets were upbeat in anticipation of more cues on fiscal stimulus in top importer

Read More
November 8, 20240 Comments

Paramount Global misses revenue estimates on weak box office, cable TV declines By Reuters

(Reuters) – Paramount Global missed quarterly revenue estimates on Friday as a lack of big hits at the box office and declines in its cable business outweighed better-than-expected subscriber growth at its streaming service after the return of NFL content. Revenue at the TV media business, which includes CBS and MTV, fell 6% in the third quarter due to lower spending from advertisers, a drop in subscribers and absence of

Read More
November 8, 20240 Comments

We only invest in GICs. How should we handle retirement accounts?

Breadcrumb Trail Links Personal Finance The problem with investing heavily in GICs in retirement Published Nov 08, 2024  •  Last updated 49 minutes ago  •  5 minute read You can save this article by registering for free here. Or sign-in if you have an account. Couple who only invests in guaranteed investment certificates (GICs) wants advice on their retirement savings. Photo by Getty Images Reviews and recommendations are unbiased and products

Read More