News
Fed Chairman Jerome Powell on Friday underscored the central bank’s complete attention is on cooling down runaway inflation. “My colleagues and I are acutely focused on returning inflation to our 2% objective,” Powell said, in opening remarks at a Fed conference on the international role of the dollar. Most of Powell’s brief remarks discussed the […]
Shares of Centene Corp. CNC, -1.06% rallied 1.8% in premarket trading Friday, after the health care company raised its full-year profit and revenue outlook and added $3.0 billion to its stock repurchase program. The company also said it was reducing its real estate footprint, as part of its plan to adopt “a more modern, flexible […]
Crypto investors — particularly those that bought in toward the top of the market in 2021 — may be able to find some salvation through a tax-saving strategy called “loss harvesting,” according to Koinly’s head of tax in Australia. Koinly is one of the most widely-used crypto tax accounting firms online. Australian head of tax […]
AstraZeneca AZN, +0.48% AZN, +0.84% is considering a bid for London-based, U.S.-listed biotech Mereo BioPharma MREO, +16.03%, The Times reported without attribution. AstraZeneca already is a partner of Mereo, and the report said it may face competition from another of the cancer and rare disease specialist’s partners, which include Novartis NVS, +0.60%, OncXerna and Ultragenyx […]
The Financial Conduct Authority (“FCA”) has published a list of providers it intends to authorise when the pre-paid funeral plans industry comes under its regulation from 29 July. There are 24 firms on the list, including the largest funeral plan providers. Together these firms hold approximately 87% of existing customer plans. The FCA is still […]
BRENT On H4, Brent quotes have bounced off the 200-days Moving Average and are trading above it, indicating the end of the correction and the continuation of the uptrend. A test of 7/8 is to be expected, followed by a breakaway and growth to the resistance level of 8/8. The scenario can be cancelled by […]