Tag: finance yahoo

NYPD Can ‘Probably Solve a Bunch of Cold Cases’ (Video)

Twice-impeached former president Donald Trump faces his arrangement on Tuesday, and when he arrives at the police station, he will reportedly have to provide a DNA sample. And once the NYPD did that, Roy Wood Jr. suspects a handful of other cases might get solved.

Wood kicked off his week of guest hosting “The Daily Show” on Monday, and naturally, he had some fun with the news of Trump’s indictment. Although he was criticized the fact that Trump is being arraigned “like he’s a normal person,” Wood couldn’t help but be delighted by the fact that he’ll still have to

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Is Banco Do Brasil (BDORY) Stock Outpacing Its Finance Peers This Year? – March 31, 2023

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Banco Do Brasil SA (BDORY – Free Report) one of those stocks right now? A quick glance at the company’s year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.

Banco Do Brasil SA is one of 866 companies in the Finance group. The Finance group currently sits at #12 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector

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Bitcoin, Ethereum Post Mega Rallies After Banking Intervention

This week in coins

This week in coins. Illustration by Mitchell Preffer for Decrypt.

After three consecutive weeks of lossesprices turned verdantly green for holders of the two largest cryptocurrencies by market cap this week.

Bitcoin (BTC) blew up 36% over the past seven days and now trades at around $27,515 according to CoinMarketCap data.

Last week, Bitcoin shed around 10% in reaction to news that the industry-servicing Signature Bank and Silicon Valley Bank (SVB) had both failed.

The industry’s No. 2 coins, Ethereum (ETH), is back where it was before the downturn. ETH is up 27% over the seven days and

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The harshest interest-rate hikes of all are still under way at the big banks

With the Bank of Canada taking a break on rate hikes, it’s a good time to reflect on whether we’ve seen the worst for rising borrowing costs.

The answer is a hard no for Royal Bank of Canada clients who carry a credit-card balance. Next month, the interest rate on purchases for most RBC credit cards will rise to 20.99 per cent from 19.99 per cent. Other banks have already made this change on at least some of their cards.

Mortgages, credit lines and loans got more expensive in the past 12 months as the Bank of Canada increased rates

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Here’s how sharply mortgage refinancing has dropped

To say home refinancing activity is a sliver of what it was two years ago is no exaggeration.

In the first quarter of 2021, there were 1.84 million refinances where homeowners secured a lower mortgage rate, according to figures for mortgage technology and data provider Black Knight Inc. provided Yahoo Finance. In the final month of 2022, that number was just 9,701.

Here’s what that drop-off looks like.

On Wednesday, figures from the Mortgage Bankers Association reflected this rapid descent. Refinance activity was 76% lower the week ending March 3 versus a year ago as mortgage rates climbed more than

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Euler Finance blocks vulnerable module, working on recovering funds

Euler Finance’s decentralized finance (DeFi) lending protocol became a victim of a flash loan attack on March 13, resulting in the biggest hack of crypto in 2023 so far. The lending protocol lost nearly $197 million in the attack and impacted more than 11 other DeFi protocols as well.

On March 14, Euler came out with an update on the situation and notified its users that they had disabled the vulnerable e-token module to block deposits and the vulnerable donation function.

The firm said that they worked with various security groups to perform audits of its protocol, and the vulnerable

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US Life Span Falling Behind Our Peer Countries

March 6, 2023 · 7:29 AM

From NPR:

The average life expectancy for Americans is shortened by over seven months [in 2021]according to new data from the Centers for Disease Control and Prevention.

That decrease follows an already big decline of 1.8 years in 2020. As a result, the expected life span of someone born in the US is now 76.4 years — the shortest it has been in nearly two decades.

But we still have the best healthcare system in the world, right? Not if you judge it by life expectancy. From Health System Tracker:

Life expectancy in the

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Hong Kong Finance Chief Warns of Challenges From Fiscal Deficit

(Bloomberg) — Hong Kong Financial Secretary Paul Chan warned that a fiscal deficit would present an obstacle to the city’s recovery from the pandemic.

“After three years of the pandemic and a weak external economy, a high fiscal deficit has accumulated so that economic recovery still needs to be consolidated and investment in the future needs to be supported,” Chan wrote in a blog post on Sunday.

He added the city “is on the road to normalcy and the economy is regaining momentum.”

The comments come before Chan delivers a budget presentation on Wednesday as part of efforts to chart

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