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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
3 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
3 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
3 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
3 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
3 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
3 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
3 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
3 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
3 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
3 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 ...
Abercrombie & Fitch Shares Tumble after Loss
3 years ago
Stocks News
US fashion retailer Abercrombie & Fitch delivered a net loss of $14.8 million for its first fiscal quarter, causing a whopping share price drop of 29%. The company said that logistics and product costs were weighing down sales. The apparel ...
McDonald's Quits Russia for Good
3 years ago
Stocks News
McDonald's opened its first restaurant in Moscow 30 years ago, but, after temporarily shutting down more than 800 restaurants following the invasion of Ukraine, the company has decided to exit Russia altogether. However, leaving the country will not come cheap. ...
Bonds Getting Attention from Investors Expecting a Recession
3 years ago
Stocks News
US bond yields are at their highest level in years. With the US Fed aggressively raising interest rates in the face of surging inflation, cash is flowing back into bonds as investors seek insurance from a possible recession. This flight ...
Samsung Profits Soar on Chip Sales
3 years ago
Stocks News
Samsung reported strong results on Thursday, with profits for the first quarter climbing more than 50% compared to the same time a year ago. The South Korean tech giant’s solid earnings were powered by strong sales of its memory chips, ...
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