© Reuters. FILE PHOTO: Alex Beard, head of oil at trading firm Glencore, looks on during an interview in Tlalnepantla, state of Mexico, Mexico, August 17, 2017. REUTERS/Ginnette Riquelme/File Photo By Dmitry Zhdannikov LONDON (Reuters) – Alex Beard is losing his thirst for oil. Once one of the world’sRead More →
© Reuters. A man wearing a protective face mask walks past a screen displaying a graph showing recent Nikkei share average outside a brokerage, amid the coronavirus disease (COVID-19) outbreak, in Tokyo By Hideyuki Sano TOKYO (Reuters) – Global stock prices were off to a solid start while U.S.Read More →
Venezuela’s National Securities Regulator has approved a 90-day pilot of a crypto-powered “decentralized stock exchange” in the country, which aims to operate globally in the face of international sanctions. Cointelegraph Espanol reports that news of the approval of Venezuela’s decentralized stock exchange was published in the country’s official gazette,Read More →
With all the rest of the news, it is easy to forget that the President’s proposal to delay the payment of social security contributions came into force on 1 September. Specifically, for employees earning less than $104,000, employers could stop withholding 6.2 percent of the employee’s share of socialRead More →
Until recently, most Americans believed that the United States should play a leading role on the global stage. However, the political landscape has changed. Only 53 percent of Americans now believe that taking an active role in the world is a good thing. Among Republican or Republican-leaning voters, thatRead More →
Reuters. A screen shows the stock market information of the Walt Disney Company on the floor of the NYSE in New York 2/2 (Reuters) – Walt Disney (NYSE:) Co will stick to its plans to reopen its Walt Disney World theme parks in Orlando, Florida, to a limited numberRead More →
When Disney DIS, +0.47% announced its plans to reopen its theme parks at Walt Disney World in Florida later this summer, officials warned travelers of changes to theme park operations. But now the company has gone further, cancelling dining reservations and other perks. And Disney fans say they’re reconsidering theirRead More →
Calm down. That was the message from the World Health Organization’s director general, Dr. Tedros Adhanom Ghebreyesus on Sunday to global financial markets. Equity markets world-wide have lost $7 trillion since Feb. 19, as investors and analysts have grown increasingly alarmed over potential economic damage from the fast-growing coronavirus. “WeRead More →
A historic week for the stock market ended with a big, fat question mark: what will the government and the Federal Reserve do about the coronavirus outbreak that threatens to decimate the longest-running bull market on record? The infectious disease, Covid-19, which reportedly originated in Wuhan, China, late last year,Read More →
By Stephanie Nebehay and Ryan Woo GENEVA/BEIJING (Reuters) – Hopes the coronavirus would be contained to China vanished on Friday as infections spread rapidly around the world, countries started stockpiling medical equipment and investors took flight in expectation of a global recession. Share prices were on track for the worstRead More →
Happy Tuesday, MarketWatchers! Don’t miss these top stories covering personal finance. Barron’s wants to recognize people and organizations whose products, services, or education programs are making an impact to improve the financial health of individuals across the U.S. Be sure to head to barrons.com/celebrates for more information and to submitRead More →
Depending on when you’re planning a traveling to Disneyland or Walt Disney World, your trip may have just gotten more expensive. Disney DIS, -0.97% altered the pricing for single and multi-day tickets and annual passes at its two U.S. resorts this week. The change in prices comes as both DisneylandRead More →
Americans’ concerns over the new coronavirus have spawned a public-health emergency declaration, a controversial travel ban and quarantine, and China-bound flight suspensions. But the better-known flu virus is a far greater threat to Americans’ health right now, data from the Centers for Disease Control and Prevention suggest. There are nowRead More →
The number of coronavirus infections — and fatalities — has jumped in recent days. The mysterious pneumonia-causing illness that infects the respiratory tract was responsible for at least 41 deaths in Central China, with 15 new fatalities as of Saturday, and more than 1,370 cases, with 400 new cases identifiedRead More →
Finland was No. 1 out of 156 countries on the 2019 “World Happiness Report,” followed by Denmark, Norway, Iceland, the Netherlands and Switzerland. The U.S. trailed at No. 19. The top countries ranked highly on all the main factors found to support happiness: caring, freedom, generosity, honesty, health, income andRead More →
© Reuters. Investors look at screens showing stock information at a brokerage house in Shanghai By Hideyuki Sano TOKYO (Reuters) – World stocks inched ahead to a record high on Thursday after the United States and China signed an initial deal to defuse their 18-month trade war, though financial marketsRead More →
In 2011, pioneering venture capitalist Marc Andreessen wrote an op-ed called “Why software is eating the world,” introducing his thesis that what we now know as Internet 2.0, an industry of platforms like Facebook and Twitter, would replace the old world of desktop computer hardware. Nearly a decade later, ifRead More →
© Reuters. FILE PHOTO: A woman points to an electronic board showing stock prices as she poses in front of the board after the New Year opening ceremony at the Tokyo Stock Exchange (TSE), held to wish for the success of Japan’s stock market, in Tokyo By Wayne Cole SYDNEYRead More →
Getty Images A BBC TV production of George Orwell’s classic novel ‘1984’. Globalization has peaked, and investors should prepare, but a recent analysis makes clear there are several possible paths forward, each with very different implications for markets and world economies. There may be less nuance when it comes toRead More →
“Lock him up! Lock him up!” That was likely not the reaction President Donald Trump expected when he attended Sunday night’s World Series game in Washington. Audible boos rained down on the president after the third inning, when the outfield video screen showed Trump sitting in a luxury box. ImmediatelyRead More →
The United States has been the most generous country in the world over the past decade. That’s the conclusion of the World Giving Index, a ranking that measured how likely residents of 128 countries were to practice acts of generosity. The index, from the U.K.-based nonprofit Charities Aid Foundation, isRead More →
The 1927 Yankees were famously dubbed “murderers row,” due to their lineup stacked with hall of famers Babe Ruth, Lou Gehrig and Earl Combs, who beat opposing pitching into submission. Today’s murder’s row are Jerome Powell, Mario Draghi and Haruhiko Kuroda—global central bankers who are “intent on smashing Wall StreetRead More →
CARACAS (Reuters) – A World Bank arbitration panel lowered an initial $8.7 billion award to U.S. oil company ConocoPhillips (N:) as compensation for Venezuela’s 2007 expropriation of its assets to $8.5 billion, according to a decision dated August 29 posted online. The new award will represent savings of $200 millionRead More →
Fires are burning in the Amazon. Again. New data from Brazil’s space research agency shows the devastation. The National Institute for Space Research (Inpe) said its satellite data showed an 84% increase in fire loss from the same period in 2018, well greater than what might typically be expected fromRead More →
© Reuters. FILE PHOTO: Gold bars of one kilogram are placed on a table at a plant of gold refiner and bar manufacturer Argor-Heraeus SA in the southern Swiss town of Mendrisio By Peter Hobson LONDON (Reuters) – A forgery crisis is quietly roiling the world’s gold industry. Gold barsRead More →
