Today: September 21, 2024
Today: September 21, 2024

Stock Markets

Business|Stock Markets

Bonds now doing heavy lifting in 60/40 portfolio: McGeever

The past month in markets has been littered with momentous events: a record burst in U.S. stock market volatility, near-confirmation from the Federal

Bonds now doing heavy lifting in 60/40 portfolio: McGeever
Business|Entertainment|Finance|Lifestyle|News|Stock Markets

Cable news channel Newsmax confidentially files for US IPO

Conservative U.S. cable news channel Newsmax said on Thursday it had confidentially filed for an initial public offering in the United States. Expected rate cuts by the U.S.

Cable news channel Newsmax confidentially files for US IPO
Business|Finance|Stock Markets

China's Midea Group to launch at least $3 billion share offering in Hong Kong, sources say

Chinese home appliance maker Midea Group plans to launch a share offering in Hong Kong to raise at least $3 billion as early as Monday, said

China's Midea Group to launch at least $3 billion share offering in Hong Kong, sources say
Business|Economy|Finance|Stock Markets

S&P 500, Dow end lower ahead of key jobs data, Nasdaq up

The benchmark S&P 500 index and the Dow ended lower in choppy trading on Thursday after a short-lived boost from a string of economic reports faded and investors

S&P 500, Dow end lower ahead of key jobs data, Nasdaq up
Finance|News|Stock Markets

Stocks calmed as action switches to rates, jobs

A look at the day ahead in U.S. and global markets from Mike Dolan U.S. stocks look to have weathered the early September squall for now but interest rate speculation and ebbing bond yields now take

Stocks calmed as action switches to rates, jobs
Business|Economy|Finance|Stock Markets|World

Falling rates offer scant shelter from property storm

Global property markets, rattled by the steepest rise in interest rates in a generation, will get little relief

Falling rates offer scant shelter from property storm
Business|Europe|Finance|Stock Markets

Markets hit tentative pause on selloff

A look at the day ahead in European and global markets from Ankur Banerjee Markets hit the pause button after a selloff in equities since the start of the week but sentiment remained fragile, as

Markets hit tentative pause on selloff
Business|Finance|Stock Markets

Governments must not intervene in deals arbitrarily, Japan PM hopeful says of U.S. Steel takeover

Governments should not intervene in deals in an arbitrary manner as a matter of principle, Taro Kono, a Japanese minister and prime ministerial

Governments must not intervene in deals arbitrarily, Japan PM hopeful says of U.S. Steel takeover
Business|Finance|Stock Markets

Nippon Steel says no update from CFIUS over US Steel deal

Nippon Steel Corp has not received any update from the Committee on Foreign Investment in the United States (CFIUS) regarding the company's proposed $14.9 billion acquisition of U.S.

Nippon Steel says no update from CFIUS over US Steel deal
Business|Finance|Stock Markets

Judge rules J&J owes Auris investors $1 billion related to 2019 robotics deal

Johnson & Johnson owes shareholders of Auris Health $1 billion in damages for breaching a 2019 agreement to acquire the private developer of robotics, a

Judge rules J&J owes Auris investors $1 billion related to 2019 robotics deal
Business|Finance|Stock Markets

Citadel's flagship fund up roughly 1% in August, says source

Citadel's flagship hedge fund Wellington was up roughly 1% in August, a source familiar with the matter said, in a month which started with a brutal sell-off in

Citadel's flagship fund up roughly 1% in August, says source
Business|Finance|Stock Markets|Technology

Nvidia, chip stocks waver after previous day's sell-off

Nvidia's shares recouped earlier losses to trade higher on Wednesday, propping up chip firms after a bruising sell-off in the prior session, in a sign that AI

Nvidia, chip stocks waver after previous day's sell-off
Business|Finance|Stock Markets

Nordstrom founders offer $23 per share to take department store private

Nordstrom's founding family has offered to take the department store chain private for $23 a share, teaming up with a Mexico-based retailer in its latest bid, a

Nordstrom founders offer $23 per share to take department store private
Business|Economy|Finance|Stock Markets

FTSE 100 dips on declines in personal goods and homebuilders

Britain's main stock index ended lower on Wednesday, led by a drop in personal goods and homebuilder stocks, while investors assessed crucial UK and U.S. economic data

FTSE 100 dips on declines in personal goods and homebuilders
Asia|Business|Finance|Stock Markets|Technology

Foreigners retreat from Asian equities on doubt over tech valuations

Overseas investors aggressively withdrew from Asian tech stocks in August, as they turned pricey after their recent rally and doubts emerged about the profitability of AI

Foreigners retreat from Asian equities on doubt over tech valuations
Asia|Business|Europe|Finance|Stock Markets

Stocks tumble as market leaders turn losers

Chip shares dragged Asian indexes lower on Wednesday and European futures fell after growth concerns drove the steepest selloff in a month on Wall Street and investors wiped $279 billion

Stocks tumble as market leaders turn losers
Europe|Finance|Stock Markets

Markets reckon with familiar September pain

A look at the day ahead in European and global markets from Rae Wee Markets in Europe are set for a rocky start on Wednesday after Asia stocks were left in a sea of red, as worries over the global

Markets reckon with familiar September pain
Asia|Business|Finance|Stock Markets

Stocks fall with safe haven assets in demand, growth concerns in focus

MSCI's global equities gauge fell for a third day in a row and oil prices lost ground on Wednesday, while safe-haven assets such as U.S.

Stocks fall with safe haven assets in demand, growth concerns in focus
Business|Finance|Stock Markets|Technology

U.S. stocks tumble as September starts, investors cool on chips

Wall

U.S. stocks tumble as September starts, investors cool on chips
Business|Economy|Finance|Stock Markets

US gasoline slumps to near 3-year low on end of driving season, oil slump

U.S. gasoline futures fell nearly 6% on Tuesday to their lowest since December 2021, as the end of the driving season weighed on demand for the motor fuel amid a

US gasoline slumps to near 3-year low on end of driving season, oil slump
Business|Finance|Stock Markets|Technology

Nvidia suffers record $279 billion loss in market value as Wall St drops

Shares of AI heavyweight Nvidia tumbled 9.5% on Tuesday in the deepest ever single-day decline in market value for a U.S. company, as investors softened

Nvidia suffers record $279 billion loss in market value as Wall St drops
Business|Finance|Stock Markets

US pharmacy chain Rite Aid to operate as a private company as it emerges from bankruptcy

Rite Aid will operate as a private company after it successfully completed its financial restructuring and emerged from Chapter 11 bankruptcy, the U.S. drugstore chain said on Tuesday.

US pharmacy chain Rite Aid to operate as a private company as it emerges from bankruptcy
Business|Finance|Stock Markets

Berkshire's BofA stake cuts top $6 billion, analysts say Buffett booking profits

Berkshire Hathaway has offloaded Bank of America shares worth more than $6 billion following a strong run in the second-largest U.S. lender's stock, with some

Berkshire's BofA stake cuts top $6 billion, analysts say Buffett booking profits
Americas|Economy|Finance|News|Stock Markets

Brazil Senate rules out Galipolo's confirmation before next cenbank meeting

A Senate committee hearing to confirm President Luiz Inacio Lula da Silva's pick to head Brazil's central bank will not happen before the monetary authority's next interest rate-

Brazil Senate rules out Galipolo's confirmation before next cenbank meeting
Business|Finance|Stock Markets|Technology

Corporate America has a revenue problem: McGeever

Nvidia's share price slump after its strong, but not exceptionally strong, second-quarter results raises a broader question for U.S. stocks: Are 2025

Corporate America has a revenue problem: McGeever

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