‘No doubt’ that crucial U.S. fiscal stimulus is coming, IMF managing director says
LONDON — Kristalina Georgieva, the managing director of the International Monetary Fund, told CNBC Thursday that she has “no doubt” the U.S. will implement a new economic stimulus package that will help reduce the current uncertainties for the global economy....
China’s pork prices rise at the slowest pace in more than a year
A breeder feeds piglets at a pig farm on May 13, 2020 in Bijie, Guizhou Province of China. Visual China Group | Getty Images BEIJING — China’s consumer price index rose slightly in September as food prices climbed, even with a...
Stocks making the biggest moves premarket: Bank of America, UnitedHealth, Goldman Sachs
Check out the companies making headlines before the bell: Bank of America (BAC) – The bank beat estimates by 2 cents with quarterly earnings of 51 cents per share, though revenue was slightly below Wall Street forecasts. The bank set...
Stocks making the biggest moves midday: Disney, Ethan Allen, BlackRock, JPMorgan and more
The Disney+ (Plus) logo is seen displayed on a smartphone. Rafael Henrique | LightRocket | Getty Images Check out the companies making headlines in midday trading. Disney — Shares of the media giant advanced more than 4% after the company...
China says exports and imports hit record highs in September
Workers stand at the port of Qingdao, Shandong province, China June 10, 2019. Reuters BEIJING — China reported strong trade data in September as most business activity resumed in the world’s second-largest economy, following what was apparently the worst of...
Dillard’s jumps more than 40% after one of Buffett’s investing lieutenants discloses personal stake
Dillard’s department store. Source: Zereshk | Wikipedia Shares of Dillard’s jumped 45% on Monday after one of Warren Buffett’s investing lieutenants disclosed a personal stake in the embattled retailer. According to filings with the Securities and Exchange Commission, Ted Weschler,...
These travel plays may boost your portfolio – with one major exception
IHT Wealth Management’s Yussef Gheriani believes now is a good time to consider adding travel plays to portfolios. Between cabin fever related to the pandemic and optimism surrounding effective coronavirus treatments, Gheriani speculates bookings will start meaningfully rising within the...
Stocks making the biggest moves midday: Zoom, GE, Etsy, Carnival Cruise & more
Check out the companies making headlines in midday trading. Zoom Video — Shares of the video conferencing company gained more than 3% after Mizuho initiated coverage on the stock with a buy rating and $550 target. “We believe Zoom can continue...
Central banks are weighing their own digital currencies – this is what they could look like
A visual representation of bitcoin with U.S. dollars. studioEAST | Getty Images LONDON — After Facebook shocked policymakers with its plan to launch a digital currency last year, central banks have been forging ahead with discussions on how they could...
Stocks making the biggest moves in the premarket: Xilinx, NXP Semiconductors, Apple, Disney & more
Take a look at some of the biggest movers in the premarket: Xilinx (XLNX) – Advanced Micro Devices (AMD) is in advanced talks to buy the specialty chipmaker, according to The Wall Street Journal. People familiar with the matter say such...
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Trading education
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