Author: iannouncethis.com
Government shutdown averted for now as Congress approves 45-day funding bridge
The U.S. Senate on Saturday night, with mere hours left before a midnight deadline for a federal government shutdown, voted to advance a short-term stopgap funding measure. The 45-day continuing resolution, which funds the government at existing 2023 levels, includes disaster relief funds but no Ukraine aid. A debate over continued help for Ukraine after Russia’s illegal invasion is what pushed the Senate vote so close to the deadline. The Senate approved the temporary funding by a vote of 88 to 9, exceeding the necessary 60 votes. Earlier Saturday, House Speaker Kevin McCarthy, the California Republican, pushed the 45-day funding…
Bitcoin Price Sets Sights On $30,000 As Holder Metric Hits New All-Time High
The Bitcoin price has been gaining momentum and steadily rising back to a more bullish price position of $30,000. Despite market downturns, long-term holders of the cryptocurrency are increasing their investments in hopes of a significant bull run. s the holder metric hits a new all-time high. Bitcoin Price Rises As Holder Metric Peaks Bitcoin’s price has been consolidating for a while now, pushing past the $27,000 threshold and being traded presently at $27,047. The cryptocurrency is slowly moving towardsthe $30,000 mark, defying bearish expectations. Co-founder of Reflexivity Research, Will Clemente revealed a chart report illustrated by Glassnode, a blockchain…
Manchester the top buyers’ market
Aspiring buyers have the best chance of buying under the asking price in Manchester, which is currently the UK’s coolest city market, PropCast research reveals. In the city just 24% of homes for sale are under offer or subject to contract, suggesting it’s very much a buyers’ market. Other ‘cold’ markets are Ripon in North Yorkshire (31%), Salford in Greater Manchester (32%), Truro in Cornwall (34%), and Lincoln, Lincolnshire (34%). Bristol the biggest sellers’ market At the other end of the spectrum, in Bristol 64% of homes for sale are under offer or subject to contract, suggesting it’s currently the…
Your paycheck and pay stubs contain a variety of information about your income and the amounts your employer deducts from it, such as for taxes and insurance coverage. One item you may notice is group term life insurance or GTL for short. If you see GTL or a similar reference to group term life on your paycheck, that means it’s included as part of your employee benefits package. Though your employer may pay the premiums for the insurance, you could owe tax on it depending on the amount of coverage you’re provided. Key Takeaways Group term life insurance (GTL) is…
After the company’s collapse during the 2008 recession, Citi’s stock has continuously struggled. Shares of the company saw more than a 30% drop over the last 5 years. In 2021, CEO Jane Fraser announced a bold shift in the company strategy, exiting 14 consumer markets outside of the U.S. and instead doubling down on wealth management. It’s a tactical move that several other major banks like Bank of America and Wells Fargo have adopted in recent years. So will Citi’s bet pay off and can the company return to its former glory? Chapters: 00:00 — Introduction 01:37 — New direction…
SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trading in Friday’s session are Intel Corp. and Finisar Corp. After Thursday’s closing bell, Intel INTC, +1.05% said it is raising its second-quarter revenue outlook on improving PC demand. Intel now expects sales for the current quarter at $13.7 billion, plus or minus $300 million, compared with a previous forecast of $13 billion, plus or minus $500 million. “The change in outlook is driven mostly by strong demand for business PCs,” said Intel. Intel shares were up 4.9% in after-hours trading. Finisar US:FNSR late Thursday reported…
Landlords reliant on mortgage sector
Buy-to-let landlords are fuelled by mortgages, meaning higher rates are likely to affect the majority of the UK’s property investors. Specialist property lending experts, Octane Capital, analysed the typical size of landlord portfolios, as well as number of buy-to-let mortgages held across England and Wales. The results found that across England and Wales a significant 78% of the average buy-to-let portfolio is financed by borrowing. Landlords are particularly reliant on mortgages in the East Midlands, where 97% of properties are held with a loan. This is followed by the West Midlands and Wales, where 89% and 83% of investment properties…
If your family has chosen to forgo the traditional Christmas and turkey dinner this year and is looking to get away to someplace exotic instead, perhaps a nice vacation is in order? This list of holiday hot-spots that won’t break the bank will help you to narrow down the possible destinations. Key Takeaways Visiting slightly out of the way places over the Christmas holiday can, with a little planning, save you a lot of money.Interesting destinations can include warm, beach-focused locations, as well as snowy winter wonderlands.The key is flexibility, being willing to fly on Christmas and even New Year’s…
There was a significant increase in the construction of single-family homes in the United States in May, the highest in over 30 years. This is a positive sign for the housing market, which had been negatively affected by increases in interest rates set by the federal reserve. #us #housingmarket #wion About Channel: WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the…
U.S. stocks finished modestly higher Wednesday, with all three major stock benchmarks ending a 3-session skid, as investors picked up shares after a sharp market selloff earlier this week. The Dow Jones Industrial Average DJIA, +0.35% rose about 61 points, or 0.2%, ending near 32,970, while the S&P 500 index SPX, +0.59% closed up 0.3% and the Nasdaq Composite Index COMP, +0.83% advanced 0.4%. Stocks booked modest gains as investors remained focused on the Federal Reserve’s inflation fight and Fed Chairman Jerome Powell’s speech at the Jackson Hole, Wyo. symposium on Friday. Recession worries also were in focus, with pending…