These Dow stocks — including Goldman Sachs — win big when rates rise
Interest rates have been surging recently, with the benchmark U.S. 10-year Treasury note yield hitting levels not seen in nearly seven years. Certain stocks have track records of strong returns ...
US weekly jobless claims rise, but unemployment rolls are the smallest in 45 years
New applications for U.S. jobless benefits increased more than expected last week, but the number of Americans on unemployment rolls fell to its lowest level since 1973, pointing to diminishing ...
Electronic FX takes hold in sub-Saharan Africa
A market guide published earlier this year by First Abu Dhabi Bank highlighted the disparate nature of the SSA FX market, which should come as no surprise given the economic ...
Malaysia’s post-election fiscal reforms could cause a deficit spike, a strategist says
Days after securing a stunning election victory, Malaysian Prime Minister Mahathir Mohamad's government has delivered a potentially risky fiscal maneuver by replacing the goods and service tax (GST) with a ...
Malaysia’s post-election fiscal reforms could cause a deficit spike, strategist says
Days after securing a stunning election victory, Malaysian Prime Minister Mahathir Mohamad's government has delivered a potentially risky fiscal maneuver by replacing the goods and service tax (GST) with a ...
Hong Kong is taking the fight to money launderers — but the ‘air bubble’ is hard to stamp out
Hong Kong is raising its guard against the threat of money laundering as its vulnerability to financial crimes is seen on the rise. The city, long an oasis of good ...
Malaysia to introduce sales and service tax after scrapping GST
Malaysia said it will introduce a sales and service tax (SST) to partly offset the shortfall in revenue from effectively scrapping a goods and service tax (GST) from June. The ...
Bitcoin will surge again this year. But here’s what needs to happen first
Bitcoin will rally this year and reach its previous highs, CoinShares Chairman Danny Masters predicted. But here's what needs to happen first: Better structures and a life cycle post initial ...
After-hours buzz: CSCO, JACK & more
Check out the companies making headlines after the bell: Cisco Systems shares sank 3 percent in the extended session. The networking hardware company reported better-than-expected earnings and revenue. Guidance for ...
The internet ‘needs a native currency’ and Jack Dorsey wants to help it be bitcoin
Square CEO Jack Dorsey wants his company to be at the forefront of getting cryptocurrency accepted as legitimate means of global payment. "The internet is going to have a native ...
US manufacturing output rises, while past months were revised lower
U.S. factory output rose in April, although new estimates of manufacturing and overall industrial production showed less growth in prior months than initially believed, casting a shadow over the economic ...
Hedge fund billionaire David Tepper reaches deal to buy the Carolina Panthers
Billionaire hedge fund manager David Tepper has reached a deal to buy the Carolina Panthers, the National Football League team announced Wednesday. The deal, which has been reported to be ...
US home building tumbled in April, while permits fell
U.S. building of houses tumbled in April and permits fell, suggesting the housing market continued to tread water amid shortages of land and skilled labor. Housing starts dropped 3.7 percent ...
At top of the Fed, a dispute on policy picks up steam
Federal Reserve Chair Jerome Powell's top deputies are edging toward a clash that could shape the pace of interest-rate hikes in coming months, as well as how the Fed should ...
Weekly mortgage applications fall 2.7% even before rates spike
Borrowers may have missed an opportunity to get the last of the low rates, as it now appears interest rates are moving decidedly higher.Mortgage application volume fell 2.7 percent last ...
Ukraine is about to make another crucial step toward Europe
This Thursday, the Verkhovna Rada (the parliament of Ukraine) is expected to consider a historic proposal to replace 25-year-old foreign exchange legislation with an entirely new law that will open ...
Why ‘Bitcoin Jesus’ is so bullish about Bitcoin cash
Cryptocurrency users and developers around the world are adopting bitcoin cash at faster rates than bitcoin core, Roger Ver, one of the first investors of bitcoin, told CNBC. Bitcoin cash, ...
The behavior of the Australian dollar is a contradiction
Market contradictions can be interesting, but irrelevant, or interesting and significant. The behavior of the Australian dollar is one of those contradictions. On the one hand the Australian market is ...
Hedge fund manager Stanley Druckenmiller bets big on chip stocks
Stanley Druckenmiller made big bets on semiconductor stocks during the first quarter, according to a regulatory filing released Tuesday. Duquesne Capital initiated positions in Intel, Micron Technology and Qualcomm. The ...
Amazon’s US sales to match Walmart’s within three years, JP Morgan predicts
Amazon's e-commerce empire is on track to match Walmart sales domestically within the next two to three years, according to J.P. Morgan. According to the bank's analysis, Amazon's U.S. gross ...
Signal2forex.com - Best Forex robots and signals
