Tag: business news
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Lennar shares pop as Berkshire builds almost a 10% stake in beleaguered homebuilder
The conglomerate built by Warren Buffett and led today by Greg Abel holds a sizable stake in Miami-based homebuilder Lennar.
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Lawmakers float gas-tax break, commuter deduction to ease pressure of high prices at the pump
With affordability ranking as a major issue ahead of the Nov. 3 midterm elections, lawmakers are introducing bills to reduce the cost of gasoline and diesel.
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Trump administration is examining whether a diesel export ban is feasible, Treasury Secretary says
“We’re examining whether it’s feasible in terms of the overall refining capacity and whether a full or partial ban would work,” Bessent said.
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Bank of America says Brent crude oil could top $150 a barrel if Iran war disruptions persist
Analysts at the Bank of America have raised their outlook if Iran war continues to escalate
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DraftKings CEO doesn’t know why his stock loves bad prediction market news. Wall Street says it’s rational
Analysts and investors view the stock response as reasonable for one reason.
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Democrats lead the polls. Republicans lead in cash heading into the midterms
Republicans hold a $103 million cash advantage across national party committees as the fight for control of Congress enters its final six weeks.
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Buy the dip on GE Healthcare, says Needham
The research firm initiated coverage of the med-tech stock with a buy rating.
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Big investors haven’t been this bullish since the housing crisis. Why this time may be different
Big investors really like stocks right now.
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Kalshi asks CFTC to allow margin trading on its platform, letting users buy with borrowed funds
It’s the latest move by the company as it and other event contract exchanges seek to gain greater participation by institutional traders.
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This security technology stock has an ‘underappreciated’ edge, Jefferies says
The investment firm initiated coverage of the security tech stock with a buy rating.
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