The next phase of the Fed's historic inflation fight is waiting for rate cuts
The Federal Reserve has raised interest rates to their highest level in 22 years in an aggressive bid to curb inflation, and there's a chance that more rate increases may still be on tap if the economy's strength causes inflation to rebound.
2023-08-20 19:46
Less cash, fewer bears could leave U.S. stocks vulnerable
By David Randall NEW YORK Several indicators that pointed to upside for U.S. stocks this year have shifted
2023-08-19 08:16
WeWork announces 1-for-40 reverse stock split to avoid getting kicked off the New York Stock Exchange
WeWork (WE) announced a new plan Friday to save its plummeting stock from getting kicked off the New York Stock Exchange, less than two weeks after telling investors it had doubts about its ability to stay in business.
2023-08-19 05:47
Farfetch shares plunge as weak demand in US, China slams 2023 outlook
Shares of Farfetch slumped more than 40% premarket on Friday, as choppy demand in the online luxury goods
2023-08-18 21:56
Why are Treasury yields so high and what does it mean for you?
US Treasury rates are white hot. That's bad news for stocks and anyone planning to buy a home.
2023-08-18 20:55
WeWork to proceed with 1-for-40 reverse stock split
WeWork said on Friday it will proceed with a one-for-forty reverse stock split of its outstanding class A
2023-08-18 18:48
Futures slip on worries over higher-for-longer interest rates
U.S. stock index futures edged lower on Friday after a three-day selloff on Wall Street, as evidence of
2023-08-18 17:53
China unveils measures to revive stock market
SHANGHAI China's securities regulator said on Friday it would cut trading costs, support share buybacks and introduce long-term
2023-08-18 17:50
European shares open lower as rate jitters, China woes loom large
European shares opened lower on Friday and are on track to post weekly losses as concerns around interest
2023-08-18 15:22
Foreign investors undeterred by China tensions, says stock exchange chairman
By Faith Hung and Roger Tung TAIPEI Foreign investors seem to be undeterred by the possibility that growing
2023-08-18 12:23
Hawaiian Electric stock plummets as lawsuits mount and talk of restructuring grows
Shares of Hawaiian Electric Industries tumbled more than 20% on Thursday following a report that the largest power provider in Hawaii could be considering restructuring as it faces an onslaught of costly lawsuits for the role it may have played in Maui's devastating wildfires.
2023-08-18 01:23
After stellar debut, Vietnamese EV maker VinFast falls for second straight session
Shares of Vietnamese electric automaker VinFast tumbled for a second straight session on Thursday, giving up some of
2023-08-17 22:21