finance articles today

Lawrence Liu wins VP finance by-election
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Lawrence Liu wins VP finance by-election

Lawrence Liu is your next AMS VP finance. Liu — who currently serves as the associate vice-president funds in the AMS VP Finance Office — beat out AMS Strategy and Governance Lead Kamil Kanji and the Arts Student Center (represented by Mathew Ho). The by-election for VP finance comes after former VP Finance Rita Jin resigned in July after AMS Council did not approve the courses she needed to take to fulfill her program and scholarship requirements. AMS President Eshana Bhangu has served as interim VP finance since. Liu ran on a platform of increasing mental health coverage under the…
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Are Finance Stocks Lagging Banco De Chile (BCH) This Year?
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Are Finance Stocks Lagging Banco De Chile (BCH) This Year?

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Banco De Chile (BCH) been one of those stocks this year? 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 De Chile is one of 883 companies in the Finance group. The Finance group currently sits at #3 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector…
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Crypto ‘may have hit the ultimate bottom months ago,’ analyst says
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Crypto ‘may have hit the ultimate bottom months ago,’ analyst says

2022 hasn’t been kind to crypto buyers, but the major swoon earlier this year has a silver lining that might prove to benefit other risk investors. Following a widespread sell off in Q1, according to Coinmarketcap, crypto’s total market capitalization dropped by more than half (-56%) in the second quarter. However, since July, crypto’s total market capitalization is up 7%. “We may have hit the ultimate bottom months ago because of cascading liquidations,” Thomas Dunleavy, senior market analyst with Messari, told Yahoo Finance. “The market is down to only the true believers at this point. Most of the sellers seemed…
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Volta Finance (LON:VTA) Share Price Crosses Below Fifty Day Moving Average of .22
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Volta Finance (LON:VTA) Share Price Crosses Below Fifty Day Moving Average of $5.22

Volta Finance Limited (LON:VTA – Get Rating)’s share price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 5.22 ($0.06) and traded as low as GBX 5 ($0.06). Volta Finance shares last traded at GBX 5 ($0.06), with a volume of 2,079,408 shares changing hands. Volta Finance Stock Down 0.9% The company has a quick ratio of 15.49, a current ratio of 15.70 and a debt-to-equity ratio of 11.22. The business has a 50-day moving average price of GBX 5.22 and a 200-day moving average price of GBX 5.60.…
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Do You Absolutely Hate Broccoli?
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Do You Absolutely Hate Broccoli?

June 7, 2023 · 8:50 AMIf so, it may well be because of your genes according to an article at SBS.com. Particular genes determine whether you can detect a bitter chemical (called PTC) in broccoli and other brassicas like cauliflower and brussels sprouts. “Free broccoli and carrots in frying”/ CC0 1.0 “On average, about 70% of us can taste something bitter in broccoli or PTC, but those with two copies of the bitter sensitivity gene are closer to 20%, and they are much more likely to hate it.” US President George HW Bush said in March 1990, “I do…
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Boeing plans to eliminate 150 finance jobs in the US
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Boeing plans to eliminate 150 finance jobs in the US

Yahoo Finance Live looks at Boeing’s plans to cut finance jobs amid as the manufacturer considers relocating its headquarters and deals with China. Video Transcript RACHELLE AKUFFO: My pick is planemaker Boeing. The company announcing plans to lay off nearly 150 finance and IT jobs to simplify its corporate structure and focus on manufacturing and product development. The stock was in positive territory, but after that Fed announcement, also down there about 1 and 1/2%. Now the company also grew its workforce, though, this year by about 10,000 employees and hired in its engineering and manufacturing departments to really keep…
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Wharton professor Jeremy Siegel says Jerome Powell is making one of the biggest policy mistakes in the Fed’s 110-year history, and it could lead to a major
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Wharton professor Jeremy Siegel says Jerome Powell is making one of the biggest policy mistakes in the Fed’s 110-year history, and it could lead to a major

Jeremy Siegel, professor of finance at the Wharton School of the University of Pennsylvania.Scott Mlyn/CNBC/NBCU Photo Bank/NBCUniversal via Getty ImagesThe Fed is making the same exact mistake it made a year ago, and possibly the biggest mistake in its history.That’s according to Jeremy Siegel, who criticized the Fed’s inability to recognize that inflation is easing.“It makes absolutely no sense to me whatsoever, way too tight!” Siegel said.Wharton professor Jeremy Siegel has a big issue with the Federal Reserve’s aggressive interest rate hikes in its bid to tame inflation, and worries that the central bank is making…
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Stocks plunge after rate hike, Powell comments
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Stocks plunge after rate hike, Powell comments

US stocks tumbled in volatile trading Wednesday afternoon as the Federal Reserve dealt another outsized interest rate hike in its fight against stubborn inflation. The US central bank lifted its benchmark policy rate by 0.75% for a third consecutive time, bringing the federal funds rate to a new range of 3.0% to 3.25% — its highest level since 2008 — from a current range between 2.25% and 2.5% . The S&P 500 and Dow Jones Industrial Average each shed around 1.7%, while the technology-heavy Nasdaq Composite was off by 1.8%. Meanwhile, the CBOE Volatility Index (^VIX) – Wall Street’s “fear”…
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