Month: November 2019

CNBC’s Jim Cramer on Friday recommended investors treat any near-term pullback in the homebuilding stocks as a buying opportunity. Citing a recent research note from Zelman & Associates, the “Mad Money” host believes there is more upside in the sector, pointing to the stocks of D.R. Horton, Lennar, Toll Brothers and Taylor Morrison. “Ivy Zelman
0 Comments
Nonfarm payrolls surpassed expectations, rising 128,000 in October, the labor Department reported Friday, supporting the belief that while slowing, the employment market remains strong, which will allow the Federal Reserve to hold interest rates steady. “The Fed is looking smart today,” said Edward Moya, senior market analyst, New York at OANDA “The mid-cycle adjustment call
0 Comments
Huobi Cloud, part of the crypto exchange Huobi Group, has announced its plan to provide more local financial institutions with white-label exchange services based on cloud technology in the Middle East and Africa. Existing institutions include the Nigeria-based SaBi exchange, with about $100,000 worth of daily crypto trading volume, and the South African exchange HIZA,
0 Comments
Traders work, as a screen shows Federal Reserve Chairman Jerome Powell’s news conference after the U.S. Federal Reserve interest rates announcement, on the floor of the New York Stock Exchange, October 30, 2019. Brendan McDermid | Reuters October is ending strong. Here’s what’s next. The market is closing out October from a position of considerable
0 Comments
This is the second installment in an exploratory and investigative series called “How To Do Opportunity Zones Right.” This series will highlight Opportunity Zone projects, investments, collaborations, ideas and important happenings across the country that seek to meet the original intent of the Opportunity Zone legislation. The purpose of the Opportunity Zone legislation is to
0 Comments