A family shops for Halloween candy at a Walmart Supercenter on October 16, 2024 in Austin, Texas. Brandon Bell | Getty ImagesJust because the Federal Reserve is nearing its inflation goal doesn't mean the problem is solved, as the high price of goods and services across the U.S. economy continues...
Morgan Stanley sees upside for several stocks as their latest fiscal results are announced. Earnings season is in full swing, with about one-tenth of S & P 500 companies reporting over the past week. About 20% of the index plans to release results next week. Consensus estimates are for...
The U.S. Treasury building in Washington, D.C., on Aug. 15, 2023.Nathan Howard | Bloomberg | Getty ImagesThe Biden administration rang up a budget deficit topping $1.8 trillion in fiscal 2024, up more than 8% from the previous year and the third highest on record, the Treasury Department said Friday.Even...
These are the stocks posting the largest moves in midday trading.
George Town, Cayman Islands, October 18th, 2024, ChainwireTalisman, the leading web3 wallet that bridges the Polkadot and Ethereum ecosystems, has launched its new cross-chain swaps feature, solidifying its role in driving more users and liquidity to Polkadot. This feature simplifies the process of swapping assets between major blockchain ecosystems,...
Zug, Switzerland, October 18th, 2024, ChainwirePolimec, a decentralized Web3 fundraising protocol on Polkadot, is excited to announce its integration with Banxa, a prominent fiat-to-crypto gateway. This integration allows users to invest in blockchain projects using credit cards, introducing a new user experience and making it easier for both experienced...
A family shops for Halloween...
Morgan Stanley sees upside for...
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.
A surprisingly strong US economy and mixed signals from the Federal Reserve have fueled some of the wildest swings in Treasuries in recent memory. Add geopolitical angst and a surge in debt supply and you have a recipe for sustained volatility for months to come, market watchers say. Dubbed the “world’s safest asset,” Treasuries have not...
A growing number of asset managers is reassessing bond values tied to real assets, as a spike in the frequency of flash floods, fires and storms hits conventional pricing models. Mitch Reznick, head of sustainable fixed income at Federated Hermes, says climate risk is a key reason why the investment...
Elections are shining a spotlight on struggling emerging markets, with the prospect of fresh leadership unlocking opportunities in the asset class. While Argentines surprised again at polls on Sunday to pick their next president, the result came just a week after voters in Ecuador and Poland backed new, pro-business leaders. Egypt, India and Mexico are all gearing up...
Philips office building in Warsaw, Poland on July 29, 2021.Nurphoto | Nurphoto | Getty ImagesDutch health technology company Philips on Monday raised its full-year outlook as it beat analysts' expectations for third-quarter core profit and comparable sales.Core profit more than doubled to 457 million euros ($483.3 million), while comparable...
US singer Taylor Swift arrives for the "Taylor Swift: The Eras Tour" concert movie world premiere at AMC The Grove in Los Angeles, California on October 11, 2023. Valerie Macon | Afp | Getty ImagesTaylor Swift continues to beat records at the box office.The pop star's Eras Tour concert film...
Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! Unfortunately we can’t make it to Money20/20 next week. But we have...
Shari Redstone, president of National Amusements and controlling shareholder of Paramount Global, walks to a morning session at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, July 12, 2023.David A. Grogan | CNBCShari Redstone may have missed her window.Paramount Global's controlling shareholder is open to a...
