Business

Stocks were mixed in Europe and Asia on Thursday as investors watched to see if lawmakers will come ahead with fresh stimulus for a U.S. economy struggling with shutdowns as new coronavirus outbreaks flare, The […]

Follow

In the next few months, the Federal Reserve will be solidifying a policy outline that would commit it to low rates for years as it pursues an agenda of higher inflation and a return to […]

Follow

U.S. losses from coronavirus-related fraud and identity theft have reached nearly $100 million since the pandemic emerged in March, while complaints of COVID-19 scams have at least doubled in most states, a consumer protection group […]

Follow

China’s ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban […]

Follow

Oil prices rose on Friday, after touching three-week lows in the previous session, responding to a record decline in U.S. growth as the coronavirus ravaged the world’s biggest economy and oil consumer, Reuters informed. Brent […]

Follow

Apple announced a stock split on Thursday and it may not bode well for future gains in the Dow Jones Industrial Average, Reuters reported. The iPhone maker made the surprise announcement in its quarterly report, […]

Follow

Huawei became the biggest smartphone player in the world in the second quarter for the first time, a new report by Canalys shows, CNBC reported. The majority of sales came from China as its international […]

Follow

The gold market is “very strong” and could hit $3,500 in two years, one analyst told CNBC. Prices have surged and reached record highs on Monday amid worries over the coronavirus pandemic and tensions between […]

Follow

MacKenzie Scott, ex-wife of Amazon’s billionaire Chief Executive Jeff Bezos, has donated $1.7 billion of her wealth in the past year to causes including racial equality, LGBTQ rights, public health and climate change, she said […]

Follow

Gold touched record prices as worries over issues such as the coronavirus pandemic as well as U.S.-China tensions weighed on investor sentiment, CNBC reported. Spot gold traded up more than 2% at about $1,941.11 per […]

Follow

A steady decline in the dollar has accelerated in recent weeks, as a resurgent coronavirus outbreak in the United States and improving economic prospects abroad sour investors on the currency, Reuters informed. The buck is […]

Follow

Stock futures pointed to opening gains on Tuesday after a strong performance in technology shares pushed the S&P 500 in positive territory for the year, CNBC writes. Dow Jones Industrial Average futures implied a gain […]

Follow

Stock futures were mostly little changed early Friday morning following a volatile session that snapped a four-day winning streak for one of the major averages, CNBC reports. Dow Jones Industrial Average futures dipped just 1 […]

Follow

Billionaires looked after by Swiss bank UBS are looking to move their cash out of equities after profiting from an unprecedented sell-off and rapid rebound from March to May, the world’s largest wealth manager said […]

Follow

Stocks in Asia shed earlier gains and were mixed on Wednesday as concerns over U.S.-China tensions weighed on investor sentiment, CNBC reported. Mainland Chinese stocks led losses on the day regionally among the region’s major […]

Follow

The Dow Jones Industrial Average rose on Tuesday, led by shares of JPMorgan Chase after the banking giant reported stronger-than-forecasted quarterly results. However, the broader market struggled as losses among major tech stocks mounted, CNBC […]

Follow

China’s imports in June rose for the first time since the coronavirus crisis paralysed the economy, as government stimulus stoked demand for commodities, while exports, fuelled by medical goods, also rose in a sign the […]

Follow

U.S. government debt prices were higher Friday morning as traders monitor the health crisis and the subsequent pace of economic recovery, CNBC reported. At around 4:03 a.m. ET, the yield on the benchmark 10-year Treasury […]

Follow