investing

Stocks steady, dollar climbs as U.S. recovery sparks Fed tapering fears

The dollar hit a multi-week high on Friday while European stocks, oil and gold steadied as markets braced for further…

4 years ago

Asia tracks Wall St lower as U.S. inflation bets perk up

Asian stocks followed Wall Street lower on Friday as signs of a strengthening U.S. recovery boosted bets for higher inflation…

4 years ago

Investors see Biden’s 15% minimum tax offer as positive

Investors hailed U.S. President Joe Biden's offer on Thursday to scrap his proposed 28% corporate tax hike as a move…

4 years ago

S&P 500, Nasdaq dragged by tech as upbeat data fans inflation fears

U.S. stocks ended lower on Thursday, with tech shares dragging on the S&P 500 (.SPX) and Nasdaq (.IXIC), as investors…

4 years ago

Meatpacker JBS says all facilities operating after weekend cyberattack

All of meatpacker JBS SA’s (JBSS3.SA) global facilities are fully operational after a weekend cyberattack disrupted much of its North…

4 years ago

Broadcom forecasts upbeat current-quarter sales on 5G ramp up

Broadcom Inc (AVGO.O) forecast current-quarter revenue above Wall Street expectations on Thursday, as the semiconductor firm is set to benefit…

4 years ago

Explainer: What is a gamma squeeze and how did it drive up AMC’s stock price?

Shares of AMC Entertainment Holdings Inc (AMC.N) surged to a record high this week in a blistering rally that again…

4 years ago

New Exxon board member Hietala brings business transformation experience

Exxon Mobil's newly elected board member Kaisa Hietala says her work at Finnish refiner and biofuel producer Neste makes her…

4 years ago

Analysis: A ‘tsunami’ of cash is driving rates ever lower. What will the Fed do?

Banks have too much cash on their hands - and they're running out of places to put it.

4 years ago

White House warns companies to step up cybersecurity

The White House warned corporate executives and business leaders on Thursday to step up security measures to protect against ransomware…

4 years ago