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Payday Lenders Challenge Financial Consumer Watchdog's Budget Structure In Supreme Court: What It Means For Your Wallet
Tuesday, October 3, 2023 - 12:30pm | 499The U.S. Supreme Court is scheduled to hear a case on Tuesday concerning the funding structure of the Consumer Financial Protection Bureau (CFPB), the agency created following the 2008 financial crisis to protect consumers from predatory lending and other deceptive practices. Central to the case,...
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'Be Patient': Stock Market Update For The Week Ahead
Sunday, October 4, 2020 - 4:20pm | 1688The Past Week, In A Nutshell What Happened: Last week ended positive despite the uncertainty-driven news cycle. Remember This: “Market swings can be unsettling, and there’s a lot to think about with today’s headlines,” noted Lindsey Bell, chief investment strategist for Ally...
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Market Remains Shaken Over Tariff Threats Ahead Of U.S.-China Trade Talks
Tuesday, May 7, 2019 - 9:49am | 1485Trade worries remained a headwind for the market as investors and traders continued to mull the threat of increased U.S. tariffs on Chinese goods even as they awaited the outcome of trade talks this week between the world’s two largest economies. The market appears to not have been able to...
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Market Wrap For April 7: Bears In Complete Control As Markets Get Hammered Yet Again
Monday, April 7, 2014 - 4:41pm | 1842U.S. stocks declined for the third straight day in another trading session in which Internet, social media, biotechnology and momentum stocks sold off. The Dow suffered another triple-digit point loss while the three major indices each saw declines greater than one percent. The timing of the...
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Benzinga Market Primer: Wednesday, August 7: Elon Musk In Focus
Wednesday, August 7, 2013 - 6:34am | 1199Futures Lower After Asia Sell-Off U.S. equity futures were lower in early pre-market trade following a sharp sell-off overnight in Asia, which saw Japanese stocks drop 4 percent. Also, markets will have their eyes on Elon Musk as his two companies are set to report earnings today. Top News In...
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Benzinga Market Primer: Monday, July 8: Earnings Season Begins!
Monday, July 8, 2013 - 6:33am | 877Futures Gain Into Earnings Season U.S. equity futures rose in early pre-market trade heading into the unofficial start of earnings season after the bell as Alcoa (NYSE: AA) is expected to report second quarter results. Top News In other news around the markets: The Troika finished its review of...
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Weekly Preview: Alcoa Kicks Off Earnings Season
Friday, July 5, 2013 - 4:03pm | 1951In the upcoming week, second quarter earnings season formally kicks off with the much-anticipated earnings report from Alcoa (NYSE: AA). Also, JP Morgan Chase (NYSE: JPM) kicks off financials earnings while Yum! Brands' (NYSE: YUM) earnings report will be closely watched for comments on its...
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Benzinga Market Primer: Friday, June 7
Friday, June 7, 2013 - 6:43am | 1106Futures Slightly Lower Ahead of Non-Farm Payrolls U.S. equity futures traded slightly lower ahead of the Employment Situation Report early Friday as Japanese shares continued to approach bear market territory. The Nikkei Index briefly traded in bear market territory, meaning the index declined 20...
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Benzinga Market Primer: Tuesday, May 7
Tuesday, May 7, 2013 - 6:29am | 1146Futures Flat Following RBA Rate Cut, European Bank Earnings U.S. equity futures traded near flat following a surprise rate cut from the Reserve Bank of Australia while earnings from three of Europe's largest banks reported better than expected earnings. However, futures awaited key earnings from...
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Weekly Preview: Non-Farm Payrolls, Global Central Banks in Focus
Friday, March 29, 2013 - 2:44pm | 937Next week, investors eyes will be on the economy as well as some key company earnings as markets attempt to continue to make new highs. In the past week, the S&P 500 Index breached its previous closing high of 1,565.40. Investors now look to economic indicators as to the next move for markets...
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Why is Consumer Credit Not Affecting The Markets?
Friday, October 7, 2011 - 3:18pm | 261The August U.S. Consumer Credit report came out a few minutes ago, and it came in well below expectations, as consumer credit fell $9.5 billion, versus estimates of a gain of $8.0 billion. This is the largest drop since April 2010, with both revolving and non-revolving credit declining. Non-...