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Latest Articles
Lighthouse Credit Union Introduces 3.85% APY1 Offer on New Money
2+ hour, 45+ min ago (147+ words) New and existing Lighthouse Credit Union members who move funds from another financial institution to a Premium Savings account can take advantage of the promotional rate, while enjoying flexibility and accessibility. The Lighthouse Premium Savings account offers: The offer is…...
Albertsons Presses Reset Button as Inflation Presses Its Customers
53+ min ago (426+ words) The company released quarterly earnings Tuesday (Oct. 13) showing a sales dip of 0.8%, and said it was pausing its financial guidance as it undertakes a sweeping business review. “Sales and earnings growth have not met our expectations,” Meg Whitman, Albertsons’ recently…...
Two firms are competing to manage the River Center as redevelopment takes shape
5+ hour, 21+ min ago (92+ words) Visit Baton Rouge expects to have a new management company in place for the Raising Cane’s River Center by Jan. 1 as work moves forward on a broader effort to redevelop the complex. Speaking at Tuesday’s Downtown Development District commission meeting,…...
US small business optimism index slips to 97.9 in September.
9+ hour, 32+ min ago (269+ words) The National Federation of Independent Business' small business optimism index slipped 0.8 points in September to 97.9, falling just below its long‑term average, while the uncertainty index edged up to 90, remaining well above historic norms. Labour quality and availability stayed the…...
Kansas pension to examine AI investments, data centers
3+ hour, 23+ min ago (91+ words) Alternatives Watch Kansas pension to examine AI investments, data centers The $26 billion Kansas Public Employees Retirement System (KPERS) will hold its annual planning and educational session next week in Overland Park, with AI and data centers among the topics on…...
BofA Survey: 60% of Institutional Investors Eye Rotation Out of Stocks as U.S. 10-Year Yield Approaches 6%
8+ hour, 3+ min ago (560+ words) A significant portion of global fund managers are prepared to rotate capital from equities into bonds if the U.S. 10-year Treasury yield climbs toward 6%, according to Bank of America's (BofA) October institutional investor survey released on the 13th. The backdrop is the…...
Speculative dollar positioning rebounds after midyear pullback
6+ hour, 53+ min ago (109+ words) TradingView Investors betting on a stronger U.S. dollar have increased their positions again, according to a chart shared by Daily Chartbook. The chart tracked speculative dollar positioning and the dollar index from March 2023 through Oct. 11. Positions were predominantly net short through…...
Dollar Falls on Dovish Fed Comments
1+ hour, 3+ min ago (509+ words) Losses in the dollar were limited on Tuesday after Sep existing home sales unexpectedly rose. Also, hawkish comments from Chicago Fed President Austan Goolsbee were supportive fr the dollar when he said inflation tied to the AI boom is "jumping…...
Healey warned against delaying tough Budget decisions as fiscal buffer halves
9+ min ago (613+ words) Any delaying of tough decisions by John Healey at the Budget is “not the right approach”, a leading economic think tank has said as it urged the Chancellor to raise some £8 billion in taxes to rebuild his halved fiscal buffer....
Oil prices settle mixed, focus on US-Russia diesel deal, Saudi Yemen attacks
1+ hour, 3+ min ago (665+ words) Oct 13 (Reuters) - Oil prices were mixed on Tuesday as hopes the US-Russia diesel deal could free up more supplies from Moscow offset attacks in Saudi Arabia and Yemen that could result in additional supply disruptions. Brent futures settled at $105.69 per…...