Britain’s Liz Truss to hold emergency talks with budget watchdog

Britain’s Prime Minister Liz Truss and Britain’s Chancellor of the Exchequer Kwasi Kwarteng. Dylan Martinez | Afp | Getty Images The OBR had prepared a general economic forecast ahead of the mini-budget on Sept. 23, but the U.K. Treasury opted not to publish it, according to the BBC. Kwarteng said a full forecast would be … Read more

Nike’s results offer a clue about the strong dollar and the upcoming earnings season

How has the strong dollar impacted big multinational companies this quarter? Nike ‘s results after the bell on Thursday may offer a good preview of what’s to come as earnings season kicks into a high gear in mid-October. The sneaker and apparel giant saw a currency headwind of about 6 percentage points in its fiscal … Read more

Mumbai-Ahmedabad Shatabdi Express New time table, route | Train number 12009, 12010 schedule – Indian Railways

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Hindustan Copper Dividend 2022 News: Payment date – check here | HINDCOPPER Share Price NSE

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Citi’s top stock strategist expects a market risk-on rally in the fourth quarter

The stock market should see better days ahead as it heads into the end of the year, according to Citi. On Thursday, the stock market erased gains it made in the prior session, while bond yields moved higher. Wednesday’s rally came after the S & P 500 made a new low for the year. “We … Read more

POPSICLE 2022: WHERE ART, WEALTH & WELLNESS MEET

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Apple, CarMax, Bed Bath & Beyond and more

Check out the companies making headlines before the bell: Apple (AAPL) – Apple lost 2.2% in the premarket after BofA Securities downgraded it to neutral from buy. BofA said Apple has held up relatively well in a down market, but it expects a negative impact on the company from weakening consumer demand. CarMax (KMX) – … Read more

Wells Fargo initiates coverage of Coinbase with an underweight rating

A challenging economic environment will pressure shares of Coinbase going forward, making now a good time to sell, according to Wells Fargo. The firm on Thursday initiated coverage of the cryptocurrency company with an underweight rating and a $57 price target, implying that shares will fall more than 15% from where they closed Wednesday. The … Read more

Bank of America downgrades Apple, says weak consumer will cause stock’s outperformance to end

Shares of Apple are running out of room to grow in the near-term, according to Bank of America. The bank on Thursday downgraded the tech giant to neutral from buy and cut its price target on the stock to $160 to $185, citing the stock’s recent outperformance and incremental risk to earnings and valuation in … Read more

Pension fund panic led to Bank of England’s emergency intervention

The Bank of England on Wednesday launched a historic intervention in the U.K. bond market in order to shore up financial stability, with markets in disarray following the new government’s fiscal policy announcements. Bloomberg | Bloomberg | Getty Images LONDON – The Bank of England launched a historic intervention to stabilize the U.K. economy, announcing … Read more