Newsfeeds Archive - Page 2 of 3

2 minute read

South Florida Grapples With Rising Flood Waters: What Are The Implications For Insurance Sector?

June 13, 5:16 PM

South Florida faces more intense flooding as heavy rains continue. Insurance providers' stocks remain flat while Gov. DeSantis declares state of emergency.

ALL

2 minute read

Bond ETFs Unfazed By Fed Decision To Keep Rates Steady

By Michael Juliano

June 13, 12:41 PM

The bond market stayed stable after Fed kept interest rates unchanged. ETFs were flat. Fed aims to lower 3.4% inflation to 2%, may cut rates once confident. Bond ETFs rose slightly. Fed will continue lowering its holdings to achieve 2% inflation goal.

AGG

2 minute read

Southwest CEO Refuses To Step Down As Activist Investor Turns Screw

By Michael Juliano

June 12, 4:01 PM

Southwest CEO Bob Jordan stays firm amidst calls for leadership changes by activist investor Elliott. Focus on open-seating policy and other revisions.

2 minute read

Consumer Outlook ‘Healthy’ As Labor Demand Points To Wage Growth: Goldman Sachs

By Michael Juliano

June 12, 12:29 PM

Consumer outlook remains strong with higher wages and disposable income predicted, boosting spending. Goldman Sachs recommends consumer stocks.

2 minute read

Top Stories

Carnival Cruise Line ‘Extremely Grateful’ For Reopened Baltimore Port Channel

By Michael Juliano

June 12, 10:06 AM

Carnival Cruise Line resumes operations at Port of Baltimore after bridge collapse. Stock prices up for Carnival Corp, Royal Caribbean & Norwegian Cruise Line.

CCL