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wnba star cameron brink saves 90 percent of income for future security

WNBA star Cameron Brink, the second overall pick in the 2024 draft, saves 90% of her income, earning $76,535 in her rookie season and $78,066 next year with the Los Angeles Sparks. Despite a torn ACL, she continues to secure lucrative endorsement deals, emphasizing her focus on financial stability and a comfortable future. Brink's experience highlights the disparity in WNBA salaries compared to endorsement opportunities, as many players rely on sponsorships to supplement their income.
CNBC
United States Dollar SoFi New Balance Urban Decay USA Travis Kelce Steph Curry Caitlin Clark Cameron Brink Shaquille O’Neal Show more
Finance & Economy, News Article
15:04 15.11.2024

Zepto's monthly cash burn surges to 250 crore amid funding round

Zepto's cash burn has surged to over Rs 250 crore ($30 million) per month, up from Rs 35-40 crore in May, driven by increased competition in the quick commerce sector. This spike follows the company's recent Rs 2,500 crore ($300 million) funding round from high net worth individuals, aimed at strengthening its market position.
Moneycontrol
Indian Rupee United States Dollar Zepto IND
Finance & Economy, Market Report
15:01 15.11.2024

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@FinancialTimes
Alphaville GBR
Finance & Economy, Blog Post
15:01 15.11.2024

mortgage rates stabilize post election with gradual decline expected into 2025

Mortgage rates have stabilized, with the average 30-year fixed rate at 6.78% as of mid-November, offering some relief to homebuyers amid market volatility. Experts predict rates will remain in the 6% range into 2025, influenced by economic growth and potential Federal Reserve actions. Homeowners may benefit from refinancing, especially if they secured loans at higher rates last year, as home equity continues to rise significantly.
CNBC
United States Dollar LendingTree, Inc. CoreLogic Redfin Corporation Freddie Mac USA James Tobin Jerome Powell Chen Zhao Donald Trump Jessica Lautz Show more
Finance & Economy, Market Report
15:00 15.11.2024

Sunteck Realty reports strong pre-sales growth with bullish outlook and target price

Sunteck Realty reported pre-sales of INR 5.2 billion in 2QFY25, marking a 33% year-on-year increase, although 13% below estimates. The company achieved 41% of its FY25 pre-sales guidance of INR 25 billion, driven by strong demand in uber-luxury and upper mid-income segments. Motilal Oswal maintains a BUY rating with a target price of INR 745, indicating a potential upside of 52%.
Moneycontrol
Indian Rupee Sunteck Realty Limited IND Motilal Oswal
Finance & Economy, Market Report
14:59 15.11.2024

prominent financial experts and leaders gather for global investment conference

Swiss banks are gearing up for the implementation of "Basel III Final" by January 1, 2025, which will significantly alter credit pricing and capital requirements. The new output floor will increase capital needs for top-rated residential mortgages, potentially raising costs by 20 basis points for prime loans. This regulatory shift necessitates strategic adjustments in loan pricing, as banks face a more competitive landscape and must accurately assess credit costs to avoid financial missteps.
finews.com
Muzinich & Co. CHE
Finance & Economy, Market Report
14:57 15.11.2024

trump proposes tax-free overtime pay amid broader tax reform discussions

Trump's tax proposals, including extending the 2017 Tax Cuts and Jobs Act, face challenges due to a significant federal deficit and the complexities of Congress's budget reconciliation process. While some Republicans may support these initiatives, the fiscal implications could limit the scope of tax cuts pursued in 2025. The new administration's focus will likely prioritize immediate extensions over more complicated proposals like tax-free overtime.
CNBC
United States Dollar PwrCor, Inc. Tesla, Inc. USA Rohit Kumar Mitch McConnell Elon Musk Vivek Ramaswamy Steve Mnuchin Show more
Finance & Economy, News Article
14:54 15.11.2024

Piper Sandler predicts significant growth for renewable energy in AI sector

Piper Sandler projects a 50% upside for a renewable energy company capitalizing on the growing demand for power in AI data centers. This trend highlights the intersection of renewable energy and technological advancements in the data sector.
CNBC
Piper Sandler Companies USA
Finance & Economy, Market Report
14:44 15.11.2024

communication sector transforms through aggregation and technological innovation

The communication sector is undergoing significant transformation, driven by mergers, acquisitions, and IPOs, which present opportunities for global competition. Despite challenges like fragmentation and the need for technological adaptation, the industry is not only recovering from the pandemic but also accelerating its growth. This momentum is fueled by aggregation and innovation, as highlighted in a recent analysis presented at a key industry event.
Il Sole 24 ORE
Una
Finance & Economy, Market Report
14:44 15.11.2024

ubs maintains neutral rating on givaudan shares with target price of 4520 francs

UBS has maintained a "Neutral" rating on Givaudan shares with a target price of 4,520 francs. Following an in-depth review, Givaudan's stock fell 1.8% to CHF 3,774.00, indicating a potential upside of 19.77%. The company is set to release its Q4 2024 results on January 24, 2025.
finanzen.ch
Swiss Franc Croda CE Ltd. DMS-Firmenich UBS AG Symrise AG CHE Charles Eden Show more
TradFi, Market Report
14:43 15.11.2024
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