CashNews.co Today on Yahoo Finance’s Good Buy or Goodbye, Host Julie Hyman welcomes Interactive Brokers chief strategist Steve Sosnick to discuss the financial sector, where he explains his preference for regional banks over major financial institutions. Sosnick recommends investors buy the S&P Regional Banking ETF (KRE). He emphasizes that the steeper yield curve particularly benefits […]
CashNews.co Oct 24 (Reuters) – Insurer Principal Financial Group (PFG.O), opens new tab reported a rise in third-quarter adjusted profit on Thursday, bolstered by robust returns on its investments and higher premiums. A strong labor market and increased confidence in soft landing post Federal Reserve’s rate cut last month have boosted consumer willingness to spend […]
CashNews.co LOS ANGELES — California is getting the word out that four segments of the financial services industry — debt settlement firms, earned wage access providers, private secondary education financing and student debt relief services — are required to register with the state by February 15, 2025. The state’s Department of Financial Protection and Innovation […]
CashNews.co California State Treasurer Fiona Ma appointed Christina Sarron to head the California Alternative Energy and Advanced Transportation Financing Authority.Bloomberg News A long-time veteran of the State Treasurer’s public finance office has taken the helm of the California Alternative Energy and Advanced Transportation Financing Authority. State Treasurer Fiona Ma Tuesday announced that she has appointed […]
CashNews.co Driven by strong demand for AI-related memory products, Nvidia (NVDA, Financials) supplier SK hynix achieved record financial performance for the third quarter of 2024. With sales of 17.57 trillion won, an operational profit of 7.03 trillion won, and a net profit of 5.75 trillion won, the company’s greatest quarterly performance to date. Operating and […]
CashNews.co A 6% mortgage rate is ‘the new normal’: Economist #shorts Read More #cashnews #UnitedStates #newsfinace #finance #FollowsCashnews
CashNews.co KOCO FIVE NEWS. ALL RIGHT. HERE WE ARE, JUST 12 DAYS TO THE ELECTION, AND TONIGHT WE ARE TAKING A LOOK AT THE LATEST CAMPAIGN FINANCE NUMBERS. WE’RE TALKING MONEY IN OKLAHOMA’S FIFTH CONGRESSIONAL DISTRICT. THE FIFTH DISTRICT INCLUDES THE NORTHERN HALF OF THE OKC METRO AND TOWNS TO THE EAST. AND SOUTHEAST, INCLUDING […]
CashNews.co Mortgage rates climbed for the fourth consecutive week, hitting the highest levels since August and adding a fresh chill to the housing market as it enters a seasonal slow period. The average 30-year fixed interest rate crept up to 6.54% in the week through Wednesday, according to Freddie Mac data. Last week, it averaged […]
CashNews.co Supply chains form the backbone of international commerce, representing over half the value of global merchandise trade. They also create large numbers of jobs and lower the bar for countries and companies to participate in the world economy. But the finance underpinning supply chains is inadequate, leaving too many small businesses in emerging and […]
CashNews.co Should high earners stop contributing to their traditional 401(k) and contribute instead to their Roth 401(k)? Robert ‘Bob’ Powell answers this question as part of Decoding Retirement’s special segment, Ask Bob. Silvur Technology Services CEO and retirement expert Rhian Horgan joined Powell on this week’s Decoding Retirement to break down everything you need to […]