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Earnings would've been up in Q3 if it weren't for three industries: Morning Brief
Tuesday, November 24, 2020 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Aggregate earnings don’t tell the whole story. Third quarter earnings season is wrapping up. Through Friday, earnings per share for S&P 500 companies was down
The Trump administration may privatize Fannie Mae and Freddie Mac — and it could disrupt the nation’s housing-finance system
Mark A. Calabria, director of the Federal Housing Finance Agency, answers questions during a Senate Banking Committee hearing in June. Calabria is reportedly considering ending the conservatorship of Fannie Mae and Freddie Mac before Joe Biden assumes the presidency. (Photo by Astrid Riecken – Pool/Getty Images Fannie
Gold stil hangs below an important level heading into the EU open
Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – Gold broke the consolidation low of $1848.84 per ounce to the downside
Election outcome should have minimal impact on gold price outlook
[embedded content] The election has not changed long-term fundamentals behind gold and silver owing to a divided Congress, said Neil Meader, director of gold and silver at Metals Focus. “There was some initial expectations that if we’d seen the so-called Blue Wave, that there would be a
The US oil industry is flailing despite a $10 billion pandemic lifeline
The US oil and gas industry has received more than $10 billion from the federal government to cushion losses during the pandemic, according to a recent report analyzing federal financial data. That has offered a temporary reprieve even as the industries’ woes, which started well before the
Savings Rates Are Staying Low. Here’s Why, and What to Do
If your bank has lowered rates on your savings account, don’t take it personally. It’s not you, it’s them. Interest rates have dropped across the board, and they’re likely to stay low for a while. Yes, your savings may be earning smaller yields, but with a little