Markets

Dollar bounces before inflation data, bitcoin hits two-year high By Reuters

By Karen Brettell NEW YORK (Reuters) -The dollar jumped against the euro and yen on Wednesday as investors positioned for U.S. and European inflation data

News Room News Room 5 Min Read

Your best advisor to finance and money management.

Explaining Finance is your one-stop website for the latest news, updates, and tips about finance.

Latest News

Birkenstock accelerates deleveraging strategy post NYSE IPO

© Reuters. Birkenstock (NYSE:) Holding plc (NYSE:BIRKENSTOCK) has been aggressively implementing its deleveraging strategy following its initial public offering (IPO)

News Room News Room

Swiss National Bank and commercial banks partner for CBDC pilot project

The Swiss National Bank (SNB) has partnered with six commercial banks, including UBS, Zuercher Kantonal Bank, Banque Cantonale Vaudoise, Basler

News Room News Room

Biden’s Executive Order On AI Could Help $25 Billion Startup, Anthropic

Last month, the White House issued an executive order on AI — aiming to ensure the technology is “Safe, Secure,

News Room News Room

Eli Lilly Stock Rises Despite Slashing Its Outlook. Weight-Loss Drugs Are Key.

Eli Lilly significantly slashed its guidance for full-year earnings on the back of acquisitions. Dreamstime Eli Lilly stock was rising

News Room News Room

US theme-park operators Cedar Fair, Six Flags to merge

© Reuters. FILE PHOTO: People ride a roller coaster at Six Flags Magic Mountain amusement park on the first day

News Room News Room

U.S. farm leaders, visiting China, talk up agriculture trade

By Dominique Patton BEIJING (Reuters) - Dozens of U.S. agriculture industry representatives gathered in Beijing on Thursday to meet Chinese

News Room News Room

Swiss digital finance pioneers new era with wholesale CBDC project

A consortium of Swiss financial institutions is set to revolutionize digital financial markets through the launch of Helvetia Phase III,

News Room News Room

The Best (And Worst) Closed-End Fund Dividends To Buy Today

Closed-end funds (CEFs) are ready to climb after a two-month decline. In preparation for this pop, select vanilla investors are

News Room News Room

Starbucks Stock Surges on Earnings Beat, Record Revenue. And There’s More.

Starbucks reported record revenue of $9.38 billion in the fiscal fourth quarter. HECTOR RETAMAL/AFP via Getty Images Starbucks Starbucks stock

News Room News Room

MicroStrategy expands bitcoin holdings despite Q3 losses

© Shutterstock MicroStrategy, a major player in the global corporate sector, has acquired an additional 155 bitcoins for $5.3 million

News Room News Room

Oil prices rebound following Fed’s decision to hold interest rates steady

Oil prices rose by over 1% on Thursday, ending a three-day decline. The upswing was in response to the U.S

News Room News Room

GBP/EUR and GBP/USD hold steady as markets await BoE’s interest rate decision

The exchange rate remained stable at €1.1502 on Thursday, as investors awaited the Bank of England's (BoE) decision on interest

News Room News Room

What’s Next For 3M Stock After A 24% Fall This Year?

3M (NYSE: MMM) recently reported its Q3 results, with revenues falling below and earnings beating the street estimates, and we

News Room News Room

Chevron in talks on 15-year LNG supply contracts into Europe

By Ron Bousso LONDON (Reuters) - Chevron (NYSE:) is negotiating contracts to supply liquefied (LNG) into Europe for up to

News Room News Room

The New Bond King Is…The 2-Year Treasury Note!

I had the good fortune of working for over a decade for the greatest bond investor of all time –

News Room News Room

PayPal Stock Rises After Earnings Beat Estimates. A Turnaround May Be Gaining Traction.

PayPal Holdings is giving Wall Street a sliver of hope that its turnaround efforts are under way.Third quarter results at

News Room News Room

AMD (NASDAQ:AMD) Posts Better-Than-Expected Sales In Q3 But Quarterly Guidance Underwhelms

AMD (NASDAQ:AMD) Posts Better-Than-Expected Sales In Q3 But Quarterly Guidance Underwhelms Computer processor maker AMD (NASDAQ:AMD) reported Q3 FY2023 results

News Room News Room

Dollar slumps after Powell’s comments; sterling awaits BOE decision

Investing.com - The U.S. dollar fell sharply in early European trade Thursday after comments from Fed Chair Jerome Powell pointed

News Room News Room