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Bread financial reports economic pressures driving higher delinquency rate

Bread Financial Holdings reported that its credit card net loss rate in September was slightly lower than it was a year ago while its delinquency rate...

October 26, 2023, 4:19 pm

7 undervalued stocks to buy before everyone else

Despite multiple macroeconomic issues in the past year, the market looks to finally be turning back up as 2024 nears. In 2022 and 2023, unexpected dow...

October 26, 2023, 4:18 pm

Mideast risks cushion safe-haven gold despite strong us data

Gold was little changed on Thursday as steady safe-haven demand fuelled by the Middle East conflict helped bullion weather ...

October 26, 2023, 3:14 pm

Ecb holds rate steady amid recession worries

The European Central Bank left its key interest rates unchanged on Thursday, as expected, after raising them in the past 10 sessions, but adopted a ca...

October 26, 2023, 3:14 pm

Why invitation homes stock is falling today

Invitation Homes beat sales forecasts, but its adjusted funds from operations fell short of expectations. The REIT's valuation is also likely being im...

October 26, 2023, 3:07 pm

Mortgage rates continue to climb toward 8%, home purchases now at 'virtual standstill': freddie mac

The average interest rate for a 30-year fixed-rate mortgage rose to 7.79% this week, continuing an upward trend that is putting further ...

October 26, 2023, 3:05 pm

There is no joy in us stocks. major indices still under pressure.

There is now joy in US stocks, despite what has been more favorable earnings. The idea of a slowing economy is just not sitting well despite the fact ...

October 26, 2023, 2:34 pm

Harley-davidson profit slumps on sluggish demand

Harley-Davidson posted a 24% dip in third-quarter profit as customers cut back on discretionary spending due to higher borrowing costs and inflationar...

October 26, 2023, 1:55 pm

Daily markets: equities under pressure as strong economic data raises fed fears

Once again, a hotter-than-expected figure will raise concerns the Fed may need to do more to tame inflation and increase the prospects of more tough t...

October 26, 2023, 1:00 pm

Pound sterling price news and forecast: gbp/usd risk aversion continues to pressure

GBP/USD lost more than 50 pips on Wednesday and declined below 1.2100 early Thursday. The pair remains technically bearish in the near term and the so...

October 26, 2023, 12:29 pm

(ecb) monetary policy decisions

The Governing Council today decided to keep the three key ECB interest rates unchanged. The incoming information has broadly confirmed its previous as...

October 26, 2023, 12:16 pm

Altria's (mo) q3 earnings miss estimates on soft volumes

Altria's (MO) third-quarter 2023 results reflect lower shipment volumes as a result of macroeconomic pressu...

October 26, 2023, 12:02 pm

Eur/usd: scope for further downside pressure – rabobank

EUR/USD is trading near 1.0550, on the defensive at weekly lows early Thursday, as traders await the European Central Bank (ECB) interest rate decisio...

October 26, 2023, 11:29 am

Best buy recalls more than 900,000 pressure cookers for burn hazard

Best Buy Co. is recalling more than 900,000 Insignia pressure cookers following numerous reports that t...

October 26, 2023, 11:29 am

Ascendis pharma a/s (asnd) loses -8.26% in 4 weeks, here's why a trend reversal may be around the corner

The heavy selling pressure might have exhausted for Ascendis Pharma A/S (ASND) as it is technically in ...

October 26, 2023, 11:23 am

Down -8.79% in 4 weeks, here's why skyline (sky) looks ripe for a turnaround

Skyline (SKY) has become technically an oversold stock now, which implies exhaustion of the heavy selling pres...

October 26, 2023, 11:23 am

Down -10.95% in 4 weeks, here's why third coast bancshares, inc. (tcbx) looks ripe for a turnaround

The heavy selling pressure might have exhausted for Third Coast Bancshares, Inc. (TCBX) as it is techni...

October 26, 2023, 11:23 am

Brady (brc) loses -5.61% in 4 weeks, here's why a trend reversal may be around the corner

The heavy selling pressure might have exhausted for Brady (BRC) as it is technically in oversold territ...

October 26, 2023, 11:23 am

Down -10.47% in 4 weeks, here's why backblaze, inc. (blze) looks ripe for a turnaround

Backblaze, Inc. (BLZE) has become technically an oversold stock now, which implies exhaustion of the heavy selling ...

October 26, 2023, 11:23 am

Euro shaky ahead of ecb meeting

As far as markets are concerned, the European Central Bank (ECB) is expected to leave rates unchanged in October for the first time in over a year, am...

October 26, 2023, 11:19 am


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