The municipal bond market remained relatively stable on Thursday, with minimal changes in response to rising U.S. Treasury yields and a decline in equities. According to AllianceBernstein strategists, this year’s summer technical landscape has shown more strength compared to the situation in 2023. In the previous year, total returns for June through August were negative,
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Lululemon Athletica, a well-known athletic apparel retailer, has made a name for itself by offering high-quality yoga-inspired activewear. The company’s journey began with a unique concept of a design studio by day and a yoga studio by night. Initially focusing on creating top-notch yoga wear, especially for women, Lululemon quickly gained popularity in the activewear
In July, closed sales of previously owned homes rose by 1.3% compared to the previous month. Although this marked the first gain in five months, sales were still 2.5% lower than the same time last year. The Northeast saw the biggest gains in sales, with the Midwest staying relatively flat. Prices also increased the most
In August 2024, BC.GAME, a prominent iGaming platform, made waves by introducing Coco Rush, a new mini-app game available on Telegram. This innovative addition allows users to engage in casual gameplay while earning cryptocurrency rewards through leaderboard battles and completing various in-game tasks. Gameplay and Rewards Coco Rush features a user-friendly design where players must
The future of Paramount Global remains uncertain as the company navigates through competing offers from various parties. Edgar Bronfman Jr.’s bid of $4.3 billion for National Amusements, the controlling shareholder of Paramount, initially shook up the playing field. However, in a strategic move, Bronfman raised the stakes by submitting a revised offer of $6 billion,
The recent trends in the Asian currency market have been characterized by weakening currencies amid a stronger dollar and growing expectations of interest rate cuts. While some currencies have experienced gains, the overall sentiment remains bearish towards the greenback. The Japanese yen, which initially showed strength, has softened, reflecting uncertainties in the market. The Federal
After a decade of lagging performance, dividends are expected to make a comeback in the market. Bank of America anticipates that the contribution of dividends to total market returns will be significantly higher in the coming years. Equity and quant strategist Savita Subramanian notes that dividend stocks have underperformed, with the Schwab U.S. Dividend Equity
Ford Motor’s recent announcement regarding the delay in production of their next-generation all-electric pickup truck and the cancellation of plans for a three-row electric SUV has sparked discussions within the automotive industry. The decision to prioritize the development of hybrid models and electric commercial vehicles signifies a shift in the company’s electric vehicle strategy. Let’s
The dollar showed a mixed performance on Wednesday following the release of data showing that employers had added 818,000 fewer jobs in the year leading up to March 2024 than previously thought. This unexpected data release beyond its scheduled time caused confusion in the markets, leading to some choppy trading. While this data might not
Homeownership has long been viewed as a symbol of stability, wealth creation, and community investment in the United States. However, the dream of owning a home is becoming increasingly unattainable for many Americans, especially younger generations and first-time buyers. Factors such as rising home prices, stagnant wages, and strict mortgage terms have created barriers to