Federal Reserve Board Federal Reserve Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting in Washington on November 07, 2024 in Washington, DC. Kent Nishimura | Getty ImagesFederal Reserve Chair Jerome Powell dodged question after question at his Thursday news conference from a press...
Nopphon Pattanasri | Istock | Getty ImagesInvestors have been able to get the best returns on cash, as the Federal Reserve raised interest rates to bring down the pace of inflation.Now that the central bank is lowering rates — with a new quarter point rate cut announced by the...
Sony's PlayStation 5.Thiago Prudencio | Lightrocket | Getty ImagesSony raised sales guidance for the full year on Friday and posted operating profit that smashed analyst expectations after a strong quarter for its gaming business.Here's how the company did in the September quarter, versus LSEG consensus estimates:Revenue: 2.97 trillion Japanese...
Check out the companies making headlines before the bell. Trump Media & Technology Group — Shares of President-elect Donald Trump's media company fell another 4.6% in premarket trading following a 23% plunge in the previous session. The stock, which trades under ticker Trump's initials, DJT, has given up Wednesday's...
Dubai, United Arab Emirates, November 8th, 2024, ChainwireBybit, the world’s second-largest crypto exchange by trading volume, is pleased to announce that Shunyet Jan, its current Head of Derivatives, will take on an expanded role as Head of Institutional. This move underscores Bybit’s commitment to serving institutional clients and enhancing...
Sony's PlayStation 5.Thiago Prudencio | Lightrocket | Getty ImagesSony reported a big jump in operating profit Thursday, smashing analyst expectations, and raised its sales guidance for the full year.Here's how the company did in the September quarter, versus LSEG consensus estimates:Revenue: 2.97 trillion Japanese yen ($19.4 billion), versus 3.03...
The Nissan ARIYA on the EV test track at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBCShares of Japanese automaker Nissan tumbled as much as 10.12%, a day after the company posted downbeat quarterly results and said it would reduce global production capacity by...
Federal Reserve Board Federal Reserve...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
Americans are so worried about Social Security running out of money, they are giving up their full retirement benefits. Only 10% of non-retired Americans plan on waiting until they’re 70 years old to receive the maximum payment from the government, according to the 2023 Schroders U.S. Retirement Survey. This includes...
Many are concerned that a deeply inverted yield curve signals a recession. When we look at the current yield curve, we see an opportunity to add exposure to fixed income. THE YIELD CURVE ISN’T NECESSARILY SIGNALING A RECESSION The most direct implication of inverted yield curve is not a recession, but...
The mantra for real estate investors has always been “location, location, location.” In the post-pandemic property environment, however, financial advisors are also increasingly being forced to choose between “public” and “private.” The iShares US Real Estate ETF (IYR), which tracks publicly traded REITS, has taken a roller coaster ride to...
S&P Global Inc. will no longer publish ESG scores along with its credit ratings, as the company adjusts its approach in response to investor feedback. The update, which took place last Friday, was triggered by expressions of confusion from investors who use S&P’s corporate credit ratings, according to a person...
There’s good news and bad news about the state of retirement savings in 2023 according to a new report from Bank of America. While some Americans are feeling optimistic and have boosted their 401(k) balances, others are struggling and been forced to take hardship withdrawals, depleting their retirement provisions. Average balances...
Bitcoin may be closer to bursting out of a period of unusually low volatility if chart patterns and the token’s history are any guide. Some gauges of how much the largest digital asset swings around dropped toward a record low in the past month as bitcoin hovered around $30,000. The...
Back in 2021 and early 2022, there was a flurry of VC interest in Southeast Asian investment apps. One of them was Singapore-based Endowus, which raised two rounds in rapid succession: a Series A in June 2021 followed just seven months later by $25.6 million in follow-on funding. Now...
