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Apple Loses $1 Trillion in Market Value
1 year ago
Stocks news
Apple Inc’s total stock market value slipped on Tuesday, falling below $2 trillion for the first time since early 2021, exactly one year to the day the company became the first public tech company valued at $3 trillion.Apple’s shares fell ...
Wall Street Stumbles on Worries About Rates
1 year ago
Stocks news
Concerns about rising interest rates are buffeting Wall Street this week. Following firmer-than-expected reports on the US economy, the Dow Jones Industrial Average tumbled more than 700 points, or 2.2%. The S&P 500 also fell, shedding 2.7%, bringing losses suffered ...
China Markets Fall as Protests Flare over COVID Lockdowns
1 year ago
Stocks news
China’s main stock indices and its currency opened the trading week lower on Monday, after significant protests against the country’s harsh COVID-19 restrictions shook investors.The benchmark Shanghai Composite fell 2.2% in early trading. The Shenzhen Component, a tech index, dropped ...
Wheat and Corn Prices Soar After Russia Quits Grain Deal
2 years ago
Stocks news
Consumer price growth in the 19 countries that use the euro has raced to 10.7% in October from 9.9% in September. This latest data is putting pressure on the European Central Bank (ECB) to act more aggressively to tackle inflation.A ...
Asian Markets Tense Over Pelosi's Possible Taiwan Visit
2 years ago
Stocks news
Asian stock markets have been shaken by growing tensions between the US and China over US House of Representatives Speaker Nancy Pelosi’s anticipated visit to Taiwan. Markets across the region weakened on Tuesday amid expectations Pelosi would visit the democratically ...
Conservative Investors Hope Bond Performance Improves
2 years ago
Stocks news
The first half of the year has been difficult for investors, as stocks fell, cryptocurrencies tanked, and even the supposedly less risky bond market wobbled. That bond slump is especially bad news for conservative investors, like retirees living on a ...
Fed Hikes Interest Rates in Biggest Jump Since 1994
2 years ago
Stocks news
In a widely expected move, the US Federal Reserve raised interest rates by three-quarters of a percentage point in the largest single rate hike since 1994. With this aggressive attempt to tackle scorching inflation, policymakers hope to help an economy ...
10-year Treasury Yield Surges to 11-year High
2 years ago
Stocks news
The 10-year US treasury bond yield surged to its highest level in 11 years, as investors mulled the likelihood of the US Federal Reserve taking even more aggressive steps to tame inflation. The yield on the all-important 10-year treasury note ...
US Treasury Bans Americans from Buying Russian Stocks and Bonds
2 years ago
Stocks news
The Biden administration has announced new trading restrictions that prohibit Americans from investing in Russian stocks and bonds. The ban is immediate and is another measure put in place by US authorities to ratchet up the financial pressure on Russia ...
Ford Announces Multi-Billion Investment to Build Electric Vehicles
2 years ago
Stocks news
Ford has announced a massive $3.7 billion investment to ramp up production of electric trucks and vans, as well as a new Mustang. The investment will create 2,000 new jobs in its truck section, helping the company reach its target ...
Musk Tells Tesla Workers to Return to Office or Resign
2 years ago
Stocks news
Companies are trying their best to balance the work from home conundrum as cases of COVID-19 diminish. Work-life balance is so important in today’s workplace, it can affect company performance. In a recent company memo, verified by major news agencies, ...
S&P 500 and Nasdaq Slide, Stoking Recession Fears
2 years ago
Stocks news
The S&P 500 and the Nasdaq both entered the red in the last week as concerns that aggressive moves to control decades-high inflation might send the US economy into a recession. All three major US stock indexes have lost significant ...
S&P 500 and Nasdaq Slide, Stoking Recession Fears
2 years ago
Stocks news
The S&P 500 and the Nasdaq both entered the red in the last week as concerns that aggressive moves to control decades-high inflation might send the US economy into a recession. All three major US stock indexes have lost significant ...
S&P 500 and Nasdaq Slide, Stoking Recession Fears
2 years ago
Stocks news
The S&P 500 and the Nasdaq both entered the red in the last week as concerns that aggressive moves to control decades-high inflation might send the US economy into a recession. All three major US stock indexes have lost significant ...
S&P 500 and Nasdaq Slide, Stoking Recession Fears
2 years ago
Stocks news
The S&P 500 and the Nasdaq both entered the red in the last week as concerns that aggressive moves to control decades-high inflation might send the US economy into a recession. All three major US stock indexes have lost significant ...
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