GOLD, XAU/USD, US DOLLAR (DXY), FED, UKRAINE, YIELDS – Talking Points Gold has raced up as markets get jittery over Ukraine developments Fed rate hike expectations fluctuate with conflicting jawboning from officials Lower yields and rising investment risks boosted gold. Can XAU/USD keep going? Gold shot higher on FridayRead More →
Reuters. By Gina Lee Investing.com – The dollar fell in Asia on Monday morning, but the focus was on the pound and yen. The pound recovered from its previous session’s losses as fears of a hard Brexit intensified. In Japan, the ruling party will vote for a new leaderRead More →
Boeing Co.’s woes are expected to knock half a percentage point off U.S. economic growth in 2020, Treasury Secretary Steve Mnuchin said Sunday. “There’s no question that the Boeing situation is going to slow down the GDP numbers,” Mnuchin said Sunday during an interview on Fox News’ “Sunday Morning Futures.”Read More →
By April Joyner and Caroline Valetkevitch NEW YORK (Reuters) – The U.S.-China trade war persists as an impediment to the growth of U.S. companies, even as the two countries appear close to clinching a limited agreement. In third-quarter corporate reports over the past few weeks, companies such as Caterpillar IncRead More →
(Reuters) – European shares edged lower on Friday, as Brexit woes and Anheuser-Busch InBev’s forecast of moderate annual profit growth offset strong sales from luxury goods makers. The UK Prime Minister conceded for the first time on Thursday that he could not meet his Oct. 31 Brexit deadline and calledRead More →
(Bloomberg) — HP Inc (NYSE:). will slash as much as 16% of its workforce as part of a broad restructuring meant to cut costs and boost sales growth amid the company’s first change in top leadership in four years. The personal computer giant said it will cut 7,000 to 9,000Read More →
If you are looking for cracks in the U.S. economy, there’s no better place to look than the small-cap universe of public companies. The Russell 2000 index RUT, +0.31%, which tracks companies with a median market capitalization of $784 million, remains 13% below its record high last August, while companiesRead More →
(Reuters) – Apple Inc (NASDAQ:) could see a hit to its annual earnings from U.S. President Donald Trump’s newly proposed 10% tariff on Chinese imports from Sept. 1, analysts from Bank of America Merrill Lynch (NYSE:) said on Friday. “Our back of the envelope math suggests the impact (of theRead More →
© Reuters. FILE PHOTO: A sign is displayed on the Morgan Stanley building in New York By Julie Zhu HONG KONG (Reuters) – A senior Goldman Sachs (NYSE:) banker has highlighted to colleagues the role played by rival Morgan Stanley (NYSE:) in failed Hong Kong IPOs following the collapse onRead More →
© Reuters. Traders work on the floor at the NYSE in New York By Medha Singh and Amy Caren Daniel (Reuters) – Wall Street was set to post slight losses at the open on Monday as trade disputes and fears of regulatory scrutiny on high-profile companies Alphabet (NASDAQ:) and AmazonRead More →
© Reuters. The German share price index DAX graph at the stock exchange in Frankfurt By Medha Singh (Reuters) – European shares dipped on Tuesday, dragged down by concerns about the budget deficit in Italy, while London markets were lifted by gains for mining shares. By 0814 GMT, the pan-regionRead More →
Ask most borrowers — and many Americans, for that matter — whether shouldering student debt impacts their daily life, most would give you a resounding yes. But ask many of the stakeholders who influence our nation’s policy approach to the $1.5 trillion student loan problem and you’ll likely get aRead More →
© Reuters. FILE PHOTO: A solar array, a linked collection of solar panels, can be seen in front of a residential apartment block in the Sydney suburb of Chatswood By Sonali Paul MELBOURNE (Reuters) – Australia’s wind and solar boom looks set to power through 2019 following a record year,Read More →
