The stock market bounced back in a big way in July with its best month since November 2020. Annaly Capital Management (NYSE: NLY) was among the winners as its stock price ended the month 16.4% higher, according to S&P Global Market Intelligence. As a mortgage real estate investment trust (REIT), Annaly Capital invests in mortgages and mortgage-backed securities and earns revenue on the interest payments.
Disruption is expected throughout the morning rush-hour on Thursday after a train crashed into an obstruction near Watford. Trains to and from Euston are among those affected. National Rail warns trains are having to run at reduced speeds on the line towards Milton Keynes Central.
The final stage of getting euro zone inflation back to 2% will be bumpy and an erosion in productivity, along with high services costs, pose some of the biggest risks, European Central Bank board member Isabel Schnabel said on Thursday. Euro zone inflation has fallen more quickly in recent months than many had expected, but the ECB now fears that price growth could oscillate over the next few months, including the possibility of some significant temporary upticks. The ECB has put a special focus on wages and said that a rate cut in June could only come after first quarter data confirm that the growth in labour costs is moderating.
Concord, a Nashville-based independent music company, late on Wednesday sweetened its bid for Hipgnosis to $1.25 per share, or about $1.51 billion, slightly higher than Blackstone's proposal of $1.24 apiece. Shares of Hipgnosis were up 1.1% at 1.028 pounds ($1.28), as the fresh offer fuels the prospect of a higher counter-bid from the world's largest private equity firm.
The UK's second largest supermarket has spent heavily to keep prices low but clothing sales fell.
A spokesperson for the venue says no-one was hurt in the incident
The top court will hear arguments on Thursday in a case that could redefine presidential power.
Euro zone bond yields held steady near multi-month highs on Thursday after recent data suggested the European economy is picking up, and Spain's bonds traded largely in line with German peers after its prime minister suspended public duties. Germany's 10-year bond yield, the benchmark for the euro zone, was down 0.8 basis points (bps) to 2.58%. The main economic data release of the day is U.S. GDP data for the first quarter.
The agenda is not known, but it follows speculation about the future of the power-sharing agreement with the Scottish Greens.
Soldiers accused residents of aiding Islamist fighters before shooting at them, an investigation shows.
Billie Eillish has opened up about the psychological effect dyeing her hair blonde from black had on her in 2021, and her least favourite colour which she dyed her hair.
The Israeli army said any suggestion of its responsibility for the mass graves was ‘baseless’ and ‘unfounded’
Bernzott Capital Advisors, an investment management firm, published its “US Small Cap Value Fund” first-quarter 2024 investor letter. A copy of the same can be downloaded here. In the first quarter, the portfolio gained +8.5% on a net basis, well above R2000V’s advance of +2.9% and above R2500V’s rise of +6.1%. The largest contribution to the […]
Indian engineer B. Ramachandran now prefers living in the smaller cities than the major tech hubs of Bengaluru and Chennai. Some are already finding it easier to hire staff in tier 2 cities, in contrast to before the pandemic when workers largely went from smaller cities into the country's major IT hubs for jobs. "The HR and I used to drive down to Bengaluru and Chennai to interview experienced talent and convince them to move to Madurai," said Selvaganesh M.P, founder of IT firm SMI that was bought by mid-cap IT company Happiest Minds in 2023.
Spooked horses rampaged for six miles smashing into vehicles before they were finally caught and calmed in Limehouse
The horses were spooked by a loud noise in Belgravia and two ran as far as Limehouse, east London.
The Fox News host's own colleagues mocked him with just four words.
Budget airline’s chief calls on EU to protect overflights and allow other European controllers to manage flights in French airspace
Many companies in Bengaluru city have found innovative ways to encourage people to vote.
City of London Police officers on motorbikes created path for the horses to be steered into a box after six-mile rampage
What she discovered when opening the door is probably not what you'd expect for a unit that was apparently empty for four years.
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