Hints and tips:
...Kiran Raichura, property economist at Capital Economics, projects a peak-to-trough price decline across property types of about 20 per cent....
...Kiran Raichura of Capital Economics projects apartment completions at “historic highs” sometime in the next year, as supply under construction comes to market....
...Julie Radford, the former chief of staff to Ivanka Trump, testified that the president’s daughter told her that her father had used “the p-word” on the call....
...Here is the performance of the S&P 500 banking sector, and the somewhat broader KBW Nasdaq Bank index, against the S&P 500 from October 2002 (the bottom of the dotcom bust bear market) until year end 2021...
...Julie Radford, the former chief of staff to Ivanka Trump, said the former president’s daughter had told her that her father used “the p-word” about his vice-president....
...On the morning of January 6, Pence had a testy conversation with the president, during which Trump used the “p-word” to describe his number two and also called him a “wimp” — according to accounts that emerged...
...Trump’s backing also held sway in Texas, where Ken Paxton beat George P Bush, one of the youngest members of the US political dynasty, in the race to become the Republican nominee for state attorney-general...
...Indeed, of the six monster tech companies, Apple is the only one with positive shareholder return since tech peaked in late 2021, and the only one that has not lagged the S&P 500....
...The broad S&P 500 closed 1.3 per cent lower on Friday, while the tech-heavy Nasdaq lost 2 per cent....
...The S&P 500 ended the day nearly 2 per cent higher. Here’s our US economics editor Colby Smith with more....
...US imports of Russian crude have fallen to just 13,500 b/d since the start of the year, according to S&P Global Platts, and while the US is much more reliant on partly refined products, most industry experts...
...The S&P 500 closed 1.2 per cent lower in New York, erasing a gain of 1.9 per cent earlier in the session. The decline marked the benchmark’s largest intraday swing since March....
...Thanks, Kiran. Kiran StaceyThanks very much, Marc. [MUSIC PLAYING] Marc FilippinoUS Senator Elizabeth Warren is going after the Federal Reserve again....
...Companies from Pepsi to McDonald’s to Domino’s to P&G and Target are keeping prices down by resorting to “shrinkflation,” cutting the size of your toilet paper, oatmeal bars, pizza and sodas....
...That is, if insurers are allowed to raise prices, noted John Iten, an analyst at S&P Global Ratings. California, he pointed out, has regulated limits on insurance pricing....
...Pfizer’s shares rose 2.7 per cent on Tuesday afternoon to $42.37, while the S&P 500 share index rose 0.3 per cent....
...Houlihan Lokey has appointed Kiran Lulla as a managing director in transaction advisory services. He joins from KPMG’s deal advisory group in Dallas....
...Meanwhile, the stock market, which Mr Trump uses as his main measure of economic success, dropped on Wednesday because of coronavirus concerns, with the benchmark S&P 500 index falling 3.5 per cent....
...Following the data, the yield on the US 10-year Treasury dropped 0.06 percentage points to 1.57 per cent, while the S&P 500 was up 0.8 per cent. Additional reporting by Kiran Stacey in Washington...
...(Derek Brower, Myles McCormick, Anjli Raval and Kiran Stacey) The M&A boom in the shale patch Another week, another shale patch deal....
...Twitter has outperformed the wider US stock market in recent months, gaining 0.9 per cent since the start of the year, while Wall Street’s main S&P 500 index has shed 5.6 per cent....
...The outbreak prompted credit rating agency S&P Global Ratings to warn that if the situation worsened considerably, the disease could knock 1.2 percentage points off China’s economic growth this year....
...Initial reports of the US case were followed by a small sell-off in stocks, with the S&P 500 falling 0.25 per cent....
...The outbreak prompted S&P Global Ratings, the credit rating agency, to warn that if it worsened the disease could knock 1.2 percentage points off China’s economic growth this year....
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