At $95 per barrel, Brent crude oil is at an all-time high this year. And just as it accelerated the inflation rate, rising oil prices thwarted recovery plans for airline companies. According to the Bureau of Transportation Statistics (BTS) fuel costs account for 15 – 20% of airline expenses. As of March 2023, BTS noted a 71.7% rise in the […]

Treasuries fluctuated over the course of the trading day on Tuesday but maintained a negative bias throughout the session. Bond prices regained ground after seeing early weakness but moved back to the downside going into the close. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, climbed 4.6 basis points to 4.365 percent. With the […]

Have recent and imminent initial public offerings (IPOs) shaken the trees enough to generate more IPOs? There are more than 1,300 global startups with valuations of more than $1 billion. Which among these unicorns, as they are known, is a likely candidate to come public at a price that everyone notices? Let’s review. Arm Holdings plc (NASDAQ: ARM) raised $4.87 […]

Save articles for later Add articles to your saved list and come back to them any time. In the world of small business, timing is incredibly important for success. When you are planning to exit your business, getting the timing right is critical to maximising your financial position. According to the Australian Bureau of Statistics, businesses with turnover under $2 […]

Believe it or not, seniors fear running out of cash more than they fear dying. Also, retirees who have constructed a nest egg have valid justifications to be concerned, since the traditional ways to plan for retirement may mean income can no longer cover expenses. Some retirees are now tapping their principal to make a decent living, pressed for time […]

Save articles for later Add articles to your saved list and come back to them any time. Investors are betting insurance giants’ profits will get a boost from lower disaster claims this summer due to hot and dry conditions caused by a likely El Nino weather pattern, as the industry also rakes in higher revenue after steep increases in premiums. […]

Fintel reports that on September 14, 2023, Redburn Partners upgraded their outlook for Carnival (NYSE:CCL) from Neutral to Buy. Analyst Price Forecast Suggests 17.63% Upside As of August 30, 2023, the average one-year price target for Carnival is 17.67. The forecasts range from a low of 7.07 to a high of $26.25. The average price target represents an increase of […]

After coming under pressure early in the session, treasuries showed a significant turnaround over the course of the trading day on Wednesday. Bond prices climbed well off their early lows and managed to finish the day modestly higher. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, dipped 1.5 basis points to 4.249 […]

Last week, the China Passenger Car Association released vehicle sales data. China’s passenger vehicle sales rebounded on a year-over-year basis in August, driven by increased discounts and tax incentives for eco-friendly vehicles. Despite a sluggish economic backdrop, consumer sentiment surged, resulting in 2.2% year-over-year growth in car sales, reaching 1.94 million units. This marks the first year-over-year increase since May, […]

While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy. Many of the biggest public companies, especially the technology giants, trade in the hundreds, all the way up to over $1,000 per share or more. At those steep […]