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Cathie Wood, chief executive officer and chief investment officer, Ark Invest, gestures as she speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Florida. Marco Bello | Getty Images Cathie Wood, Wall Street’s most vocal proponent of deflation, is getting a few high-profile supporters even as price
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Mortgage demand appears to have nowhere to go but down, as interest rates go up. Application volume dropped 1.2% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The week’s results include an adjustment for the observance of Labor Day. Since last year, homebuyers’ demand for mortgages has
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Een kwart van de ondernemers in de energie-intensieve sectoren verwacht dit jaar al serieus verlies te draaien als gevolg van de extreem gestegen energieprijzen. Een oplopend percentage verwacht dit voor volgend jaar. Een derde van de ondernemers betaalt inmiddels 3 tot 8 keer zoveel voor elektriciteit ten opzichte van vorig jaar. Voor meer dan een
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The NBA suspended Phoenix Suns and Mercury owner Robert Sarver for one year and fined him $10 million Tuesday after an independent investigation revealed multiple violations of workplace conduct standards. The investigation found that Sarver repeated the N-word on at least five occasions. He also made sex-related comments and inappropriate appearance-related comments to and about
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The market’s violent reaction to hotter-than-expected inflation may usher in more losses. Investor Peter Boockvar believes Wall Street is coming to grips with a painful reality: Inflation isn’t moderating, so the Federal Reserve won’t pivot. related investing news Stocks could retest lows after August’s fiery inflation shakes up markets Patti Domm an hour ago Don’t
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In her ongoing crusade to give away at least half of her wealth, billionaire MacKenzie Scott is now gifting mansions to charity. Scott recently donated two of her homes — both in Beverly Hills, California — to the California Community Foundation (CCF), which provides grants to mission-based nonprofits in Los Angeles. The organization intends to
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Avalon_studio | E+ | Getty Images HUNTINGTON BEACH, Calif. — There are four big trends impacting the economy and stock market right now, and uncertainty around each is creating challenges for investors, market experts and investment strategists said Monday at the Future Proof wealth conference. Those high-levels trends are inflation, the Federal Reserve’s interest-rate policy,
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