Tesla’s stock falls as launch of Semi truck fails to excite investors
Autonomous trucking represents a compelling opportunity for Tesla, but it’s unclear what the company’s initial Semi targets look like.
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I Attended 4 High Schools in 2 Languages. I Was Always Proving Myself.
There’s a specific dread that comes from not knowing if the words in your head are the right ones in that language. I lived inside that fear, not of a school test, but of speaking in class and having the wrong language come out, or the right one come out wrong. I was born in…
Fed decision reaction: What’s next for the mortgage market?
“Clients aren’t necessarily calling about the Fed decision,” Lessard said. “What we’re seeing is a growing number of buyers reaching out to prepare for homeownership. Many are getting preapproved, reviewing their financing options, and putting themselves in a position to act when the right home becomes available. “Rather than trying to time the market perfectly,…
State Street Adds Mutual Fund Share for S&P 500 ETF SPYM
The SEC’s decision to allow mutual fund share classes of ETFs arrived almost a year ago. It has helped issuers offer mutual fund shares of their most popular ETFs. The latest ETF to add a new share class comes from State Street, with a new share of the State Street SPDR Portfolio S&P 500 ETF…
What FHFA’s counterparty suspension change may mean
The Federal Housing Finance Agency is proposing a change that would remove certain criteria for counterparty suspension while maintaining a focus on triggers related to credit, market and operational concerns. Processing Content The proposal seeks to remove “reputational harm” from as a trigger because it “potentially diverts agency resources from more salient risks without adding…
Dollar mostly flat after inflation meets expectations | LeapRate
The US dollar has held around familiar areas with July’s inflation matching the consensus precisely. American inflation, headline and core, on 12 August was as expected, generating relatively little volatility as markets are seasonally less active around the middle of August. This article summarises the latest news affecting the US dollar then looks briefly at…
Acting as Counterparty to Clients in South Africa Costs a Broker Almost 3 Times More
GMO Data Leak Hits Brokers; Eightcap UK Reports Lower Profit GMO Data Leak Hits Brokers; Eightcap UK Reports Lower Profit GMO Data Leak Hits Brokers; Eightcap UK Reports Lower Profit GMO Data Leak Hits Brokers; Eightcap UK Reports Lower Profit GMO Data Leak Hits Brokers; Eightcap UK Reports Lower Profit GMO Data Leak Hits Brokers;…
