The U.S. central bank should keep its benchmark interest rate unchanged for the time being, as growth is in a good place and inflation should hit the central bank’s 2% annual target, two Federal Reserve officials said Monday. “My own view right now is that we should hold steady forRead More →
© Reuters. By Geoffrey Smith Investing.com — U.S. stock markets pared early losses on Thursday after pockets of strength in U.S. corporate results help restrain fears about the spread of the coronavirus and its impact on the world economy. By 10:25 AM ET (1525 GMT), the was down 89 pointsRead More →
By Tomo Uetake TOKYO (Reuters) – Stocks made a barely positive start in early Asian trade on Friday after the world’s health body called it a little too early to declare a coronavirus outbreak a global emergency. But worries over rapid spread of the deadly virus kept investors on guardRead More →
Ready or not, here comes earnings season. Wall Street anticipates a 2% year-over-year decline in fourth-quarter S&P 500 earnings, versus the 2.5% gain predicted at the start of that quarter, according to FactSet estimates. Financials, though, are expected to be a bright spot in that mix, and JPMorgan Chase hasRead More →
U.S. Treasury yields on Tuesday edged up slightly as Wall Street prepared to close out the final trading session of 2019, which has been marked by strong rallies for stock markets and a Federal Reserve that has supported gains in both bonds and equities. Bond and stock markets will beRead More →
© Reuters. FILE PHOTO: Traders work on the floor at the NYSE in New York By Chuck Mikolajczak NEW YORK (Reuters) – The S&P 500 eased back from a record high on Tuesday to trade near the unchanged mark as investors weaved through the heart of earnings season and theRead More →
The British pound slipped, while FTSE 100 futures indicated a steady start for stocks on Monday, after U.K. lawmakers voted to ask for a Brexit-deadline delay over the weekend. The pound GBPUSD, -0.4085% dipped 0.6% against the dollar to $1.2899 versus $1.2974 seen late Friday in North American trading. Still,Read More →
U.S. Treasury yields held their ground on Friday as investors looked ahead to the official scorecard of the labor market’s health, amid growing questions about the longevity of the recordlong economic expansion. What are Treasurys doing? The 10-year Treasury note yield TMUBMUSD10Y, -0.22% was down 0.7 basis point to 1.529%,Read More →
By Hideyuki Sano TOKYO (Reuters) – Global share prices ticked up on Tuesday as some investors clung to hopes that China and the United States could work towards reaching a deal on trade and other issues in the fourth quarter. Japan’s Nikkei () rose 0.6% while MSCI’s broadest index ofRead More →
The thrust of a recent Investment Company Institute (ICI) study, “Who Participates in Retirement Plans, 2016,” seems to be “Don’t worry if young people and others aren’t saving for retirement. Retirement saving isn’t high on their agenda. They will start saving when they feel they need to.” This sanguine assessmentRead More →
Dear Moneyist, I am considering going back to court to reduce the maintenance that I have to pay to my ex-wife (we had a 25-year marriage). We have three children together, and after the divorce I stayed in the home and my children stayed with me. I have been theRead More →
TOKYO — Asian stocks were mixed in a narrow range Wednesday as China announced its economy grew at a 6.4% annual pace in the last quarter. Japan’s Nikkei 225 index NIK, +0.25% gained 0.3% and the Shanghai Composite SHCOMP, +0.29% edged 0.1% higher. Hong Kong’s Hang Seng indexRead More →
U.S. stock-index futures were treading water Monday, ahead of earnings from Goldman Sachs Group Inc. and Citigroup Inc., which investors were hoping would provide some direction for equities at the start of the week. How are benchmarks faring? Dow Jones Industrial Average futures YMM9, +0.15% rose 36 points to 26,443,Read More →
© Reuters. FILE PHOTO: Men look at stock quotation boards outside a brokerage in Tokyo By Tomo Uetake Asian shares treaded water on Tuesday ahead of a U.S. Federal Reserve policy meeting, hovering near six-month highs, while sterling was choppy as the speaker of Britain’s parliament banned another vote onRead More →
The U.S. dollar showed little reaction to a highly anticipated retail sales report for January on Monday, hovering just in the green. U.S. retail sales rose by 0.2% in January, while the December reading of -1.2% was revised to -1.6%. January figures excluding cars and excluding cars and gas, roseRead More →
© Reuters. Visitors look at a stock quotation board at Tokyo Stock Exchange in Tokyo By Daniel Leussink TOKYO (Reuters) – Asian shares held near 4-1/2-month highs on Thursday after U.S. Federal Reserve minutes affirmed it would be “patient” on interest rate rises and risk assets got a lift fromRead More →
Bitcoin prices were mostly unchanged on Tuesday, stuck in a tight trading range below $3,500. In afternoon trading, a single bitcoin BTCUSD, +0.21% was fetching $3,453.77, up 0.2% since Monday’s level at 5 p.m. Eastern Time on the Kraken crypto exchange. The cryptocurrency has spent the past 48 hours tradingRead More →
