The S&P 500 rose 17% from June 16 through Aug. 16. But since then, the index has dropped 9% on Fed hawkishness. Many investors grew optimistic about stocks as the S&P 500 climbed 17% from Read more…
Real Money’s Eric Jhonsa covers Apple’s September event, where new iPhones and Apple Watches are expected. Four new iPhones and three new Apple Watches – including a new Apple Watch Pro line – are expected Read more…
A complicated merger situation for Illumina just got messier. Europe stands in the way of Illumina’s (ILMN) – Get Illumina Inc. Report strategic vision. The DNA-sequencing titan in November 2018 proposed to acquire smaller peer PacBio (PACB) – Read more…
The billionaire star of the TV show ‘Shark Tank’ is very angry at one of the favorite measures of the liberal lawmaker from Massachusetts. The entrepreneur Mark Cuban is known for not mincing his words. Read more…
This customer favorite hasn’t been on the menu since 2021. In the summer of 2021, popular Chinese-American chain Panda Express partnered with alternative meat producer Beyond Meat (BYND) – Get Beyond Meat Inc. Report for a Read more…
Fewer Americans are donating to charity. Donate Now, Pay Later (DNPL) could change that. It’s no surprise that charitable giving is down in the US right now — not when high prices have diverted consumers’ Read more…
The Japanese yen has resumed its terrifying downtrend, crushed under the boot of a central bank that refuses to follow other economies in raising interest rates. With inflation dynamics still subdued, traders are betting the Read more…
When China sneezes, the world usually catches a cold – and that’s precisely how the markets have reacted so far. Another day, another piece of bad news from China. This time, it was the nation’s Read more…
The WTI oil fell further on Wednesday, accelerating to new multi-month low (levels last seen a day before the war in Ukraine started) as sentiment was soured again on deteriorating fundamentals. Oil prices came under Read more…
BoC goes big again with a 75 bp hike in September 3.25% overnight rate puts monetary policy in ‘restrictive’ territory Statement flags further tightening to come, but pace likely to slow The BoC continued on Read more…