Month: October 2022
Mortgage applications plummet 14% as higher interest rates and Hurricane Ian crush demand
A sign points toward an Open House in Alhambra, California on May 4, 2022. Frederic J. Brown | AFP | Getty Images The highest mortgage rates in more than 20 years coincided with one of the deadliest hurricanes on record in the United States, both contributing to a steep drop in mortgage demand. Total mortgage […]
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Ford to end production of $500,000 GT supercar with special edition
2022 Ford GT LM Edition Ford DETROIT — Ford Motor will end production of its $500,000 GT supercar later this year with a special edition model paying tribute to the vehicle’s racing heritage. The Detroit automaker on Wednesday said the 2022 Ford GT LM Edition will be the last model of the third-generation car, which […]
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Danish prime minister calls Nov 1 parliament election
Denmark’s Prime Minister Mette Frederiksen on Wednesday referred to as a standard election to be held on Nov. 1, polls say election is much too close to phone. Photo by LISELOTTE SABROE/Ritzau Scanpix/AFP by using Getty Photos Denmark’s Primary Minister Mette Frederiksen on Wednesday named a basic election to be held on Nov. 1 as […]
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German minister criticizes U.S. more than ‘astronomical’ organic fuel price ranges
A photo of a organic fuel flare burning in close proximity to an oil pump jack at the New Harmony Oil Industry in the U.S. on June 19, 2022. Luke Sharrett | Bloomberg | Getty Images Germany’s economy minister accused the U.S. and other “welcoming” gasoline supplier states of astronomical prices for their materials, suggesting […]
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Florida hedge fund could experience around $200 million from big arbitrage bet on Twitter
Jakub Porzycki | Nurphoto | Getty Photographs Among the large winners in Elon Musk’s agreement to stick to by means of with his offer to obtain Twitter is an activist hedge fund primarily based in a coastal Florida city that was just wrecked by Hurricane Ian. Pentwater Funds, a 15-year-previous business with close to $5 […]
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Stocks building the major moves in the premarket: Tesla, Ford Motor, Goldman Sachs and additional
In this posting ABNB BNGO MS F Observe your favorite sharesBuild Totally free ACCOUNT Tesla CEO Elon Musk speaks all through the formal opening of the new Tesla electric car or truck producing plant on March 22, 2022 in the vicinity of Gruenheide, Germany. Christian Marquardt | Getty Photographs Check out the corporations building headlines […]
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New research points to health benefits of eating earlier in the day and within a 10-hour window
According to Mayo Clinic, one third of patients with long Covid report having troubles with some of the most basic activities of life, such as getting dressed in the morning, showering, and eating. Geber86 | E+ | Getty Images New research suggests there may be an ideal window of time to eat during the day. […]
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Morgan Stanley upgrades Ford, says recent pullback offers an attractive entry point
Investors could benefit from buying Ford Motor shares going forward, according to Morgan Stanley. Analyst Adam Jonas, who is widely followed on Wall Street, upgraded the automaker to overweight from equal weight, reiterating his price target of $14 per share. That target implies upside of 13.2% from Tuesday’s close of $12.36. Ford shares rose 1% […]
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5 things to know before the stock market opens Wednesday
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 9, 2022. Brendan Mcdermid | Reuters Here are the most important news items that investors need to start their trading day: 1. A stunning rebound We’re two trading days into October, and we’ve already had two stunning […]
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UK’s Liz Truss pledges tax-reducing potential in landmark speech plagued by protest and political infighting
Prime Minister Liz Truss is seeking to rally MPs all around her her tax-chopping guidelines next political infighting and marketplace turmoil. Jacob King | Pa Pictures | Getty Photos LONDON — British Key Minister Liz Truss insisted Wednesday that reducing taxes was “the correct factor to do morally and economically,” doubling down on a sequence […]
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