Why is the US dollar losing its shine?
The US dollar's decline has gained speed this month as investors pare back their interest rate expectations.
2023-07-28 19:15
Wall Street suddenly appears confident America will avoid a recession
Cyclical stocks that tend to rise and fall with the economy are rallying, the latest sign that investors are becoming more optimistic about the possibility of a "soft landing," i.e. no recession.
2023-07-27 19:48
British billionaire Joe Lewis indicted on insider trading charges
British billionaire and owner of the Tottenham Hotspur football club Joe Lewis was indicted on insider trading charges by the United States Attorney's Office for the Southern District of New York, the office announced Tuesday.
2023-07-26 09:54
The stock market is dominated by just a handful of companies. The Biden administration is worried
Just seven stocks -- Apple, Microsoft, Alphabet, Amazon, Nvidia, Tesla and Meta Platforms -- make up close to $11 trillion in market value and contributed about 75% of returns of the S&P 500 in the first half of 2023, according to a recent Bank of America report.
2023-07-25 20:52
How stock market expectations have changed this year
The stock market has stayed remarkably resilient this year, to the surprise of many on Wall Street. As the economy and market continue to hum along, some investors' expectations for what's to come are shifting.
2023-07-24 19:53
Kim Kardashian may be the hero the IPO market needs
Dealmaking on Wall Street has dried up, and it's costing big banks a fortune. Kim Kardashian could fix that.
2023-07-20 19:28
Bank CEOs are already complaining about new regulations they haven't even seen yet
Earnings season is officially underway, which means the CEOs of America's largest banks get to update the public about the health of their firms and their economic outlooks.
2023-07-19 20:27
Russia: Chechen agriculture minister to run seized Danone unit
Yakub Zakriev is a deputy prime minister and the agriculture minister of the Russian republic of Chechnya.
2023-07-19 13:18
Bulls and bears are locked in a battle for Wall Street
Bulls and bears have always engaged in battle on Wall Street. But the divide between so-called "bulls" and "bears" — optimistic investors who forecast rising stock prices and pessimistic investors who expect declining stock prices — is growing wider.
2023-07-17 19:19
Russia seizes control of Danone and Carlsberg operations
Under a new order, the Danone and Carslberg units have been put in "temporary management" of the state.
2023-07-17 11:19
Fine wine is souring as investment prices sink
Fine wine prices have been rising consistently for years, attracting investors looking to hedge against inflation, economic turmoil and stocks. Recently, the barrier to entry in the wine-as-an-investment market has fallen drastically, with a number of easy-access online brokerages and advisories popping up.
2023-07-12 20:19
Will inflation come down this year? We're about to get a big clue
This week kicks off the second quarter earnings season, when firms in the US report on how much money they made (or didn't make) from April through June of 2023. It also brings a slew of new inflation data.
2023-07-11 19:16