Housing shows signs of stabilizing to round out 2022

The housing market has borne the brunt of the Federal Reserve’s aggressive interest rates. But mortgage rates are now on a downswing, with the average 30-year fixed mortgage slipping to 6.09% as of last week, according to Freddie Mac. That’s down from a peak of over 7% in November. “Interested buyers are out there,” Odeta ... Read More

5 Types of People You Should Never Take Financial Advice From

All types of people love to give advice. Some advisors may be professionals who watch the market on a regular basis. They may have a background in business and finance or be certified or licensed as financial planners. But there are also people who may want to give you advice with no financial background and/or ... Read More

US politics and the Paris finance summit

US Climate Envoy John Kerry (left) and French President Emmanuel Macron talk during the New Global Financial Pact Summit at the Palais Brongniart in Paris, on June 22. [EPA] Barbados Prime Minister Mia Mottley and French President Emmanuel Macron invited world leaders to Paris on June 22-23 to reach a new “global pact” to finance ... Read More

ChatGPT may be able to predict stock movements: finance professor

Alejandro Lopez-Lira, a finance professor at the University of Florida, says that large language models may be useful when forecasting stock prices. He used ChatGPT to parse news headlines for whether they’re good or bad for a stock, and found that ChatGPT’s ability to predict the direction of the next day’s returns were much better ... Read More

Bolivian Central Bank Is Rebuilding Reserves, Finance Chief Says

Article content (Bloomberg) — Bolivia’s central bank is rebuilding its international reserves as it deals with a “transitory” liquidity problem affecting the country, according to Finance Minister Marcelo Montenegro. Article content The minister declined to elaborate on what the current level of reserves was, but said it had increased recently. The central bank board can ... Read More

Finance ministers defy gloomy IMF message to hit upbeat notes

Finance ministers from some of the world’s largest economies refused to have their optimism dented by the gloomy message delivered by top IMF officials at the fund’s spring meetings in Washington this week. Despite IMF forecasts highlighting the potential for a hard landing for the global economy, Bruno Le Maire, France’s finance minister, said the ... Read More

SAFE SUPPLY AND ORIGIN THERAPEUTICS ANNOUNCES ENGAGEMENT OF RESEARCH CAPITAL AND UPSIZING OF BROKERED FINANCING TO $4 MILLION

Origin Therapeutics Holdings Inc. THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. VANCOUVER, BC, CANADA, March 02, 2023 (GLOBE NEWSWIRE) — Safe Supply Streaming Co. Ltd. (“”Safe Supply”) and Origin Therapeutics Holdings Inc. (“”origin”) (CSE: ORIG) ... Read More