The foreclosure uptick indicates that the economic — and especially employment recovery — is not complete, an expert says. Getty Images In January there was a seven-fold increase in foreclosure starts as compared to December, with roughly 33,000 loans referred to foreclosure, according to a report from mortgage data and analytics company Black Knight. What’s […]
A federal judge in Chicago says a defamation lawsuit filed by two brothers who said they took part in a fake hate crime against Jussie Smollett can go forward ByThe Associated Press March 18, 2022, 10:07 PM • 3 min read Share to FacebookShare to TwitterEmail this article CHICAGO — A judge in Chicago has […]
The top gambling regulator in Nevada on Thursday delayed MGM Resorts MGM -0.55% International stakeholder Barry Diller’s licensing after federal authorities launched insider-trading investigations into his share purchases of Activision Blizzard Inc. Nevada Gaming Commission Chairwoman Jennifer Togliatti in a public meeting ordered that Mr. Diller’s application to be in the casino industry undergo “further […]
The price action has been nothing short of breathtaking — oil has swung by $55 a barrel this year. On Thursday alone, it surged by more than 7% after peace negotiations stalled in Ukraine and billionaire Warren Buffett boosted his stake in a high-flying US oil company. Early on March 17, West Texas crude oil […]
US stocks and government bond yields edged down after the Federal Reserve raised interest rates for the first time since 2018 and oil soared as the market’s focus returned to the Ukraine war. The S&P 500 declined 0.4% in early trading, after the broad-market index closed more than 2% higher on the past two consecutive […]
Jussie Smollett’s attorneys want the actor released from jail while they appeal his conviction of lying to Chicago police about a racist and homophobic attack and the 150-day jail sentence a judge handed down By DON BABWIN Associated Press March 16, 2022, 8:49 PM • 5 min read Share to FacebookShare to TwitterEmail this article […]
US stocks rocketed higher in a volatile session and bond yields jumped to the highest level in almost three years after the Federal Reserve officially said it would raise interest rates for the first time since 2018. Major indexes rallied at the open, pared their gains after the Fed announcement and then raced to finish […]
US stocks climbed and bond yields jumped Wednesday after the Federal Reserve officially said it would raise interest rates for the first time since 2018. The S&P 500 was up 1.3% in recent trading. The tech-focused Nasdaq Composite advanced 2.4%, and the Dow Jones Industrial Average rose 0.5%. The indexes initially pared their gains in […]
Text size AMC Empire 25 Theater in Times Square, New York Dreamstime AMC Entertainment just struck gold. Literally. The movie theater company announced it has bought a 22% stake in Hycroft Mining Holding and its 71,000-acre gold and silver mine in northern Nevada. CMA (ticker: AMC) will invest $27.9 million in cash in Hycroft ( […]
US and global benchmark crude oil officially entered a bear market on Tuesday, just five trading days after they settled at their highest prices since 2008. “The collapse has been spectacular,” Fawad Razaqzada, market analyst at ThinkMarkets, in a market update. On Tuesday, the front-month April West Texas Intermediate crude futures contract CL.1, -7.18% CLJ22, […]
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