European stocks slide amid trade war, political worries; Stoxx 600 hits 2.5-month low
European shares continued to tumble Wednesday amid worries over the U.S.-China trade war and a potential budget standoff between Italy and the EU. European Markets: FTSE, GDAXI, FCHI, IBEX The pan-European STOXX 600 fell 1.2% to its lowest point since...
Falling interest rates are sending a warning signal to the stock market
Traders watch prices in the Ten-Year Treasury Note options pit at the CME Group. Getty Images Falling interest rates may make mortgages and lots of other loans cheaper, but they don’t necessarily mean good things for the stock market. Treasury...
Jamie Dimon warns US-China trade fight becoming a ‘real issue’ that could deter investment
J.P. Morgan Chase CEO Jamie Dimon said that the escalating U.S.-China trade dispute is a “real issue” that could damage corporate confidence. “I think trade is a real issue,” Dimon said Tuesday at a conference in New York. “Trade has...
Venture capitalists bet big on the $1.9 trillion payments industry
Stripe co-founder and CEO Patrick Collison delivers his keynote conference during day three of the Mobile World Congress in Barcelona on February 24, 2016. Manuel Blondeau | AOP.Press | Corbis | Getty Images Technology firms from Silicon Valley’s Stripe to...
China is indicating it’ll never give in to US demands to change its state-run economy
Chinese President Xi Jinping stands by national flags. Johannes Eisele | AFP | Getty Images As trade talks between the U.S. and China increasingly center on Chinese treatment of foreign companies, Beijing says major American complaints about structural aspects of...
Fiat Chrysler and Renault are in advanced talks to merge the automakers
FILE PHOTO: The logo of FIAT carmaker is seen on a vehicle in Cairo, Egypt, May 19, 2019. Picture taken May 19, 2019. REUTERS/Mohamed Abd El Ghany/File Photo Mohamed Abd El Ghany | Reuters Fiat Chrysler and Renault are in...
There’s no real evidence Beyond Meat products are healthier than meat: Former US agriculture chief
Talk about mystery meat. As plant-based protein makers like Impossible Foods and the newly public Beyond Meat take the food industry by storm, the question of whether their products are better for consumers than actual meat is still very much...
Stan Lee’s former manager arrested for allegedly stealing $262,000 from late comic book legend
Stan Lee in his office in Beverly Hills, California. Getty images | Washington Post The former manager of Stan Lee has been arrested on charges of financial elder abuse and false imprisonment against the late comic book legend, according to...
Mega Millions jackpot soars to $418 million. Here’s how much the winner would owe in taxes
Mega Millions Jackpot estimated at $540 million dollars. Getty Images The Mega Millions jackpot has spilled over $400 million and would be the ninth largest winning since the game began in 2002. With no one hitting the right numbers Friday...
Trade and the economy have become the new roller coaster for markets
Traders work on the floor at the New York Stock Exchange May 7, 2019. Brendan McDermid | Reuters Trade headlines could be a big factor for markets in the week ahead, but investors will also be attuned to fresh inflation...
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