Dow Jones Futures: Market Rally Runs Up To Key Test; Here’s What To Do Now

Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally had another strong week, moving up to a major test. X A market pause wouldn’t be a surprise, and could be healthy, after strong price gains in generally light volume over the past several weeks. … Read more

Theft victims win dispute over key left near stolen vehicle – Daily – Insurance News

The owners of a stolen 2016 Audi Q7 will have their claim paid after a dispute body overruled their insurer, which had denied the claim arguing the complainants left a key within the “immediate vicinity” of the car at the time of the theft. The victims lodged a claim on November 20 last year, under … Read more

Flexibility Is Key for Insurers Managing Inflationary Challenges

New You can now listen to Insurance Journal articles! Inflation likely won’t subside anytime soon, and insurers will need to be proactive and flexible if they want to stay on top of the challenges, said Keith Buckley, managing director of Fitch Ratings’ global insurance rating group. He was speaking on the most recent episode of … Read more

Fitch downgrades PacWest, citing ‘deterioration’ of key capital ratio

The credit rating agency Fitch Ratings has downgraded PacWest Bancorp and its banking subsidiary, Pacific Western Bank, citing the company’s recent decline in capital reserves. In a press release Wednesday, Fitch announced the revision of PacWest’s long-term issuer default rating from “BBB” to “BBB-” and blamed the downgrade on the “rapid, growth-driven deterioration” of the … Read more

Natural resource sector has key role in India’s growth: Vedanta chairman

The natural resource sector can play a key role in India’s economic growth and a small policy change can “unleash the true potential” of this sector, Vedanta Resources chairman Anil Agarwal said on Wednesday. Vedanta Resources Limited has operations in sectors like oil and gas, zinc, lead, silver and copper across India, … Read more

FHFA announces three key appointments

“As DHMG’s acting deputy director, Naa Awaa’s decision-making and policy judgment has exemplified the notion that safety and soundness and equitable access to credit are complementary concepts rather than being mutually exclusive,” Thompson commented. Read next: Mortgage’s focus on DE&I has a new face Meanwhile, Stallings currently serves as examiner-in-charge of the Office of Fannie … Read more

US Stock Futures Climb Before Key Inflation Report: Markets Wrap

(Bloomberg) — US equity futures edged higher on Wednesday before US inflation data that will shape investor expectations for further Federal Reserve interest-rate hikes. Most Read from Bloomberg S&P 500 contracts gained 0.3%, following a fourth session of declines in the underlying gauge Tuesday after Micron Technology Inc. became the latest chipmaker to warn of … Read more

UWM touts aggressive pricing promotion as key to future

An aggressive pricing strategy at United Wholesale Mortgage will sharply drive down gain on sale margins in the current quarter and possibly longer, but management is thinking more about the long-term business this should bring. Even without Game On, the latest pricing promotion’s effect on future revenue, second quarter net earnings at parent UWM Holdings … Read more

Oil Rallies After Russian Flows Halted Via Key Pipe to Europe

(Bloomberg) — Oil reversed an earlier decline as Russian shipments via the southern leg of a major pipeline to Europe were suspended. Most Read from Bloomberg Brent futures rose as much as 1.6% to trade near $98 a barrel, after earlier dropping 1.8%. Russian network operator Transneft said Ukraine halted flows through the Druzhba pipe … Read more

Tory Firebrand Faces Key Barriers in His Bid to Topple Trudeau

Breadcrumb Trail Links PMN Business Pierre Poilievre has been riding a wave of support among working class men to become front-runner in the race to lead Canada’s main opposition Conservatives, but polling suggests he faces regional and demographic barriers in his bid to defeat Justin Trudeau in a general election. Author of the article: Bloomberg … Read more