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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…
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VF Corp. Pulls Full-Year Guidance on Vans Weakness. The Stock Drops.
Sales of Vans sneakers have been dragging on VF’s performance for several quarters. Juan Naharro Gimenez/Getty Images VF Corp. missed…
Asia-Pacific stocks see mixed results; Nisshin Seifun Group surges, Hino Motors plunges
© Reuters. Asia-Pacific stocks exhibited a mixed performance on Monday, October 30, 2023. The Hong Kong market recorded a rise…
Stanley Druckenmiller slams Janet Yellen for ‘biggest blunder in Treasury history’: Failing to lock in rock-bottom interest rates
Treasury Secretary Janet Yellen has some explaining to do, according to billionaire hedge-fund titan Stanley Druckenmiller. Yellen missed an important…
HSBC’s Q3 pretax profit doubles, pleasing shareholders despite breakup proposal
© Reuters. HSBC Holdings Plc (LON:) has reported robust quarterly results, with the Q3 pretax profit more than doubling from…
World Bank warns of potential 75% surge in oil prices due to global conflicts
The World Bank has expressed concerns over the potential for a dual energy shock, as the ongoing conflicts between Israel…
Asia FX spooked by weak Chinese PMI, yen slides on dovish BOJ
Investing.com-- Most Asian currencies fell on Tuesday as Chinese economic data showed an unexpected decline in business activity, while the…
Caterpillar Earnings Will Be All About the Backlog
Caterpillar equipment parked at Peterson Tractor Co. in San Leandro, Calif. Machinery giant Caterpillar is slated to report third-quarter earnings…
HSBC Q3 profits soar, announces further share buyback and dividend plans
© Reuters. HSBC Holdings (NYSE:) (LON:HSBA) reported a significant surge in its Q3 2023 pre-tax profit, which rose to $7.7…
World Bank Warns Escalating Israel-Hamas Conflict Could Spike Global Oil And Food Prices
The World Bank has issued a warning about the potential impact of the escalating conflict between Israel and Hamas on…
Bill Gross Is Staying Away From Regional Banks. Except for These Three.
There are plenty of reasons to shy away from regional banks but that doesn’t mean that the sector is devoid…
US says fine warranted in Southwest Airlines holiday meltdown
© Reuters. FILE PHOTO: A Southwest plane is shown at the gate at Kahului Airport in Kahului, Maui, Hawaii, U.S.,…
Gold Prices Hover Near $2,000 Amid Middle East Conflict And Fed Meeting Anticipation
Gold prices stayed close to the $2,000 mark today, buoyed by investors seeking safe-haven assets due to the ongoing conflict…
HSBC’s quarterly profits fall short of expectations amidst China’s property crisis
© Reuters. HSBC Holdings (NYSE:) PLC reported a pre-tax profit of $7.7bn for the third quarter of 2023, more than…
World Bank Warns Middle East Conflict May Disrupt Global Commodity Markets
The ongoing Israeli-Palestinian conflict, further aggravated by Israel's ground invasion in Gaza and the resultant 8,000 casualties, could potentially cause…
Nike, Verizon share gains contribute to Dow’s 550-point rally
Behind positive gains for shares of Nike and Verizon, the Dow Jones Industrial Average is rallying Monday afternoon. Shares of…
Realty Income to buy Spirit Realty Capital in a $9.3 billion deal
© Reuters. By Kannaki Deka (Reuters) -Realty Income said on Monday it would buy Spirit Realty Capital (NYSE:) in an…
US Grain Exports Show Mixed Performance; Soybean Inspections Drop, Corn And Wheat Rise
In the week ending Sunday, October 26, 2023, the United States Department of Agriculture (USDA) reported a decline in soybean…
GBP/AUD exchange rate dips amid strong Australian retail data and UK economic concerns
The exchange rate experienced a downturn today, impacted by strong Australian retail data and concerns about the UK economy. This…