Nasdaq Dubai launches Saudi futures in bid to diversify investor offering
The Nasdaq Dubai has launched futures trading on shares of 12 Saudi Arabian companies, its first single stock futures outside of the United Arab Emirates. The move aims to diversify financial offerings to regional and international investors, allowing them to...
Stocks making the biggest moves after hours: Bed Bath & Beyond, KB Home
Check out the companies making headlines after the bell: Bed Bath & Beyond shares soared more than 20 percent during after hours trading as the home-goods company reported it is ahead of its long-term financial goals and beat earnings estimates....
Trump is probably going to get his way with the Federal Reserve this year
As President Donald Trump jawbones the Federal Reserve, the likelihood that he’s going get what he wants this year from the central bank continues to grow. Markets expect the Fed to hold off on rate hikes and are even anticipating...
Fitch warns of possible cut to US triple-A rating if shutdown continues
The U.S. is in danger of losing its triple-A sovereign credit rating later this year, Fitch said on Wednesday, warning an ongoing government shutdown could soon start to impact its ability to pass a budget. A stalemate between President Donald...
Treasury yields climb as US-China trade talks conclude
U.S. government debt prices fell on Wednesday as trade talks between the U.S. and China came to an end. The yield on the benchmark 10-year Treasury note climbed to 2.726 percent while the yield on the 30-year Treasury bond rose...
Stocks gain under the ‘first five days’ rule, setting up for a good 2019 performance
When stocks bounce at the beginning of the year, history shows the market is more often up than down at year-end. Therefore, this year’s early January performance could be a good omen. Stocks finished Tuesday with a gain, with the...
Job openings on the decline but still outpace available workers by more than 800,000
Job openings edged lower in November but there were still 800,000 more vacancies than there were workers to fill them, according to Labor Department data released Tuesday. The total number of vacancies declined by 243,000 during a month when nonfarm...
Apple and Tesla shares on the blockchain could be the next big thing in crypto
Cryptocurrencies had a wild 2018, tumbling well below some of the record highs seen toward the end of 2017. Bitcoin, once worth almost $20,000, plunged last year, closing out 2018 at a price below $4,000. Other major virtual currencies, including...
Apple hasn’t been this unloved by Wall Street since 2005
Apple has become more unloved by Wall Street analysts than at any time in the past 14 years. Wall Street analysts have the lowest percentage of buy ratings on Apple stock since 2005 — at 49 percent, according to FactSet....
Former Fed Chair Alan Greenspan thinks the Ocasio-Cortez 70% tax plan is ‘a terrible idea’
Raising the marginal tax rate on the richest Americans to 70 percent would put a major dent in the economy, former Federal Reserve Chairman Alan Greenspan said Monday. During an interview with the CBS program “60 Minutes” that aired Sunday,...
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