Author: Investor Empires
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U.S. home insurers are said to face biggest loss of century in 2023 (NYSE:ALL)
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Bill Oxford/E+ via Getty Images Home insurers in the United States last year suffered their worst underwriting loss this century, the Financial Times reported on Sunday, as natural disasters, inflation and population growth in high-risk areas put pressure on insurers’ finances. They made a net loss on the underwriting. Saudi…
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U.S. home insurers are said to face biggest loss of century in 2023 (NYSE:ALL)
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Bill Oxford/E+ via Getty Images Home insurers in the United States last year suffered their worst underwriting loss this century, the Financial Times reported on Sunday, as natural disasters, inflation and population growth in high-risk areas put pressure on insurers’ finances. They made a net loss on the underwriting. Saudi…
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Veralto Corporation reports robust Q2 growth, raises EPS guidance By Investing.com
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Veralto Corporation, in its Second Quarter 2024 Earnings Call, reported a strong financial performance with net sales of $1.29 billion and a 3.8% core sales growth. The company raised its full-year adjusted earnings per share (EPS) guidance, reflecting confidence in its end markets and strong execution. Veralto highlighted its growth…
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Veralto Corporation reports robust Q2 growth, raises EPS guidance By Investing.com
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Veralto Corporation, in its Second Quarter 2024 Earnings Call, reported a strong financial performance with net sales of $1.29 billion and a 3.8% core sales growth. The company raised its full-year adjusted earnings per share (EPS) guidance, reflecting confidence in its end markets and strong execution. Veralto highlighted its growth…
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Solana Confirms Breakout With Bullish Pennant
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Solana continues to show positive price action This recent surge in value allowed Solana to overtake Binance Coin (BNB) in the market cap rankings last week, marking a significant achievement for the digital asset. Related reading delve into its performance, Technical Analysis Forecasts suggest that the Solana bullish trend is…
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Solana Confirms Breakout With Bullish Pennant
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Solana continues to show positive price action This recent surge in value allowed Solana to overtake Binance Coin (BNB) in the market cap rankings last week, marking a significant achievement for the digital asset. Related reading delve into its performance, Technical Analysis Forecasts suggest that the Solana bullish trend is…
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Earnings from AI giants could push the Nasdaq 100 over the edge
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The massive exodus of big tech companies has sent the Nasdaq 100 down 8% in just two weeks, putting it on the verge of a correction. Whether it can avoid that dubious event will likely hinge on the earnings of four companies whose combined value is nearly $10 trillion. In…
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How inflationary are Trump’s tariffs? By Investing.com
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Trump’s proposed tariff policies could have a significant impact on U.S. inflation, according to a report from Standard Chartered Bank (OTC:) on Wednesday. The Trump-Vance card calls for a 60% tariff on all Chinese goods and a 10% tariff on goods from the rest of the world, raising the average…
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$2.31 Billion Set To Flood Market
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Image from https://digicentralized.com/ The cryptocurrency world is set to see a flurry of activity as a staggering $2.31 billion worth of digital crypto assets are set to hit the market in the next 30 days. This unprecedented influx of tokens or cryptocurrencies from some of the industry’s biggest players is…
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$2.31 Billion Set To Flood Market
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Image from https://digicentralized.com/ The cryptocurrency world is set to see a flurry of activity as a staggering $2.31 billion worth of digital crypto assets are set to hit the market in the next 30 days. This unprecedented influx of tokens or cryptocurrencies from some of the industry’s biggest players is…
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Njuguna Ndung’u takes a breather after tough run at Treasury
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For Njuguna Ndung’u, his dismissal along with 21 other cabinet ministers two weeks ago marked the end of one of his most difficult tenures as national treasurer. Professor Ndung’u, a quiet economist, took over as Treasury Minister when the country was facing one of its worst dollar shortages, and as…
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Spooked U.S. stock market faces tech earnings minefield, Fed meeting By Reuters
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By David Randall NEW YORK (Reuters) – Nervous investors are bracing for earnings from the market’s biggest technology companies, a Federal Reserve policy meeting and closely watched employment data in a week that could determine the immediate path for U.S. stocks after a bout of intense turmoil. A months-long rally…
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US Senator Lummis unveils Bitcoin reserve legislation following Trump’s keynote
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At the Bitcoin 2024 conference, Senator Cynthia Lummis proposed a more detailed plan to create a strategic reserve of Bitcoin to back the US dollar and cement America’s global financial leadership. After days of anticipation, US Senator Cynthia Lummis has finally announced Advertise Loomis has proposed legislation to create a…
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A Bold Move to Compete with Google’s Search Engine
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Microsoft-backed OpenAI has announced the launch of SearchGPT, an innovative AI-powered search engine that is set to take on Google in the multi-billion dollar search market. The creator of ChatGPT unveiled the prototype Thursday night, showing off his blend of conversational AI with real-time internet data. California-based OpenAI has opened…
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A Bold Move to Compete with Google’s Search Engine
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Microsoft-backed OpenAI has announced the launch of SearchGPT, an innovative AI-powered search engine that is set to take on Google in the multi-billion dollar search market. The creator of ChatGPT unveiled the prototype Thursday night, showing off his blend of conversational AI with real-time internet data. California-based OpenAI has opened…
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Timiraos: Fed cut unlikely on Wednesday but officials wary of waiting too long
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The Wall Street Journal’s Fed watcher Nick Timeraos released his latest interest rate forecasts, and he didn’t include any sort of leak about a potential rate cut. Instead, Timeraos confirmed that the Fed will be preparing to cut rates in September without making a prior commitment. That’s a consensus view…
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Democrats Write To DNC On Crypto Policy Ahead Of US Elections
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Several Democratic lawmakers and election candidates in the United States have written to the Democratic National Committee (DNC), calling for a change in the party’s approach to the digital asset industry. This development comes as Republican presidential candidate Donald Trump continues to gain popularity as a supporter of cryptocurrencies ahead…
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Venezuelans Head to Polls in Test of Commitment to Democracy
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Breadcrumbs Path Links PMN Business For the first time in more than a decade, Venezuelans feel hopeful about a chance at democracy. Article author: Bloomberg News Andreina Itriago Acosta and Patricia Laya Published on July 28, 2024 • Read for 5 minutes You can save this article by registering for…
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Citi looks at the election impact on oil prices By Investing.com
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In a note to clients on Thursday, Citi strategists assessed how the upcoming U.S. presidential election in 2024, which is likely to be a battle between Donald Trump and Kamala Harris, could impact oil prices. Under the Trump administration, the impact on the oil market “could be net bearish due…
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Citi looks at the election impact on oil prices By Investing.com
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In a note to clients on Thursday, Citi strategists assessed how the upcoming U.S. presidential election in 2024, which is likely to be a battle between Donald Trump and Kamala Harris, could impact oil prices. Under the Trump administration, the impact on the oil market “could be net bearish due…