Articles

Kamala Harris surges in the betting markets – and I bet ‘Kamalaphoria’ has more room to run

Bookies and gamblers are sharply raising their bets on a Kamala Harris win in November after the vice-president’s first full day as the presumptive Democratic nominee.

Gold’s not behaving the way it usually does in election years. Here’s why.

Gold prices have performed well and climbed to fresh record highs this year. That’s not exactly typical behavior for a U.S. presidential election year, according to an analysis provided by the World Gold Council on Wednesday.

Mortgage rates fall to 5-month low. Buyers hold out for more drops, but homeowners are refinancing.

Mortgage applications fell 2.2% in the last week, the Mortgage Bankers Association said.

AT&T earnings bring beats on these two key numbers

AT&T topped expectations on postpaid phone subscriber growth and free cash flow for the second quarter.

The lesson from 17 first cuts of the cycle are more sobering for the stock market than it appears

The stock market usually goes up after the first cut, but the reason why might not be as helpful this time around.

LVMH shares slump on signs the post-COVID luxury boom is over

The luxury conglomerate posted a 1% drop in its second quarter revenue after its sales previously boomed last year in the aftermath of the COVID-19 pandemic

German manufacturing slumps, eurozone economy listless in July

Political deadlock in France and a prolonged slump in German manufacturing continue to dog economic activity in the eurozone, according to surveys published Wednesday.

‘I am an only child’: My father left his $50 million estate to my stepmother in an irrevocable trust. I inherited $1 million. Is this reasonable?

“Is it common for entire estates to be left to the second spouse instead of being divided among the children?”

Perfect for sipping margaritas on the patio, this was Jimmy Buffett’s sweet and breezy Palm Beach pad, listed for $7.25 million

The 3-bedroom residence brims with charm, and it’s just a short stroll to the Atlantic Ocean-facing sands.

Reckitt to simplify by dropping home products and troubled infant-formula unit

Reckitt Benckiser Group said it plans to refocus its business on its most profitable “Powerbrands” including Durex and Nurofen

Deutsche Bank stock slides on further losses from U.S. commercial real estate

Deutsche Bank shares tumbled on Wednesday as the German lender revealed further pain from U.S. commercial real-estate losses and took a provision on a long-running legal dispute.

Treasury yields dip as investors favor bonds amid stock sell-off

Bond yields fell early Wednesday as a risk-off tone swept global markets, enticing investors into the perceived safety of government paper.
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