In December 2022, in the middle of the night, 25-year-old Aiden Pleterski was kidnapped in downtown Toronto. His captors released the self-proclaimed “Crypto King” after three days but under threat – Mr Pleterski had to come up with some money, fast, according to court documents. “I’m sorry, I really am, I didn’t want to or […]
CHESAPEAKE, Va. (WAVY) — They really don’t kid around. Somehow, more than eight sneaky goats made their break from a nearby farm and wandered around the wall to Interstate 64 in Chesapeake, near the High Rise Bridge. But before they could make their grand escape, Virginia State Police troopers helped round them up and held […]
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US consumer price increases cooled during the month of April, according to the latest data from the Bureau of Labor Statistics released Wednesday morning. The Consumer Price Index (CPI) rose 0.3% over the previous month and 3.4% over the prior year in April, a slight deceleration from March’s 3.5% annual gain in prices and 0.4% […]
WASHINGTON (Reuters) – U.S. consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend at the start of the second quarter in a boost to financial market expectations for a September interest rate cut. The consumer price index rose 0.3% last month after advancing 0.4% in March and February, the […]
(Reuters) – Shares of New York Community Bancorp rose nearly 5% in premarket trading on Wednesday, after the lender agreed to sell a portfolio of about $5 billion in mortgage warehouse loans to JPMorgan Chase. The deal with the largest U.S. bank by assets, announced late on Tuesday, will bolster liquidity at NYCB, which is […]
(Bloomberg) — Global equities are set for a fresh record after a big tech-led rally in US gauges, with investors awaiting key inflation data for clues on the Federal Reserve’s policy. Most Read from Bloomberg European and US stocks futures ticked higher, while the MSCI All Country World Index extended its longest run since January. […]
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(Bloomberg) — Alibaba Group Holding Ltd. reported a 6.6% rise in revenue after its main e-commerce and cloud businesses managed only modest growth. Most Read from Bloomberg Revenue for the three months ended March rose to 221.9 billion yuan ($30.7 billion), compared with analysts’ estimates for 219.8 billion yuan. Net income dived a worse-than-expected 86% […]
(Bloomberg) — Alibaba Group Holding Ltd. reported a 6.6% rise in revenue after its main e-commerce and cloud businesses managed only modest growth. Most Read from Bloomberg Revenue for the three months ended March rose to 221.9 billion yuan ($30.7 billion), compared with analysts’ estimates for 219.8 billion yuan. Net income dived a worse-than-expected 86% […]
Shares of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), Warren Buffett’s giant conglomerate, have risen by a stunning 4,187,214% since he took the helm of the core business in 1965. If you want to build a portfolio that can grow similarly, you might start by following his lead. Keeping tabs on what billionaire investors are buying and […]
Southern States Sink As Seriously Underwater Home Mortgages Rise According to a report released on May 9, 2024, the number of properties classified as seriously underwater is ticking up, with southern states bearing the brunt of the phenomenon. One in 37 homes with mortgages was considered seriously underwater during the first quarter, according to real […]