Category: Finance Tech

March 25, 2019

HONG KONG — Janet Yellen, the former chair of the Federal Reserve, said Monday that the recent triggering of a recession indicator in the U.S. bond markets could signal the need for a rate cut and not a prolonged economic […]

March 25, 2019

U.S. stock futures slipped on Monday, as investors struggled to regroup after data showing weakness on the global economic front triggered the worst day for equities since the start of the year. How are benchmark indexes trading? In volatile action, […]

March 22, 2019

Gold continued to push higher Friday, overcoming a stronger U.S. dollar as investors reacted to global growth fears that were underlined by a round of downbeat economic data, as well as the Federal Reserve’s dovish tone earlier this week. Gold […]

March 21, 2019

Trade war tensions were exacerbated once again after President Donald Trump said that the US would leave more than $250 billion of tariffs with China in place for a “substantial period.” The president made the comments ahead of the resumption […]

March 21, 2019

Instagram has announced that it’s testing a new feature called Checkout, which will allow users to buy products from fashion, beauty and other brands within the photo-sharing app. In a blog post, Instagram said the feature is currently “in closed […]

March 20, 2019

Corporate bonds in the U.S. have seen slow times. Companies have been issuing less debt, with investment-grade bond issuance off by 18% year over year, according to Barron’s. High-yield bond offerings are down 25%. Blame a number of factors: rising […]

March 19, 2019

Treasury yields struggled for direction on Tuesday before a Federal Reserve meeting that could show policy makers scaling back rate-hike projections amid investor skepticism the central bank can push forward with further hikes in 2019. The 10-year Treasury note yield […]

March 19, 2019

Markets in Europe rose slightly following a late-rallying Asia session, as investors waited for signals from the Fed and U.S.-China trade talks. How did markets perform? The Euro Stoxx 600 SXXP, +0.79% was at 383.66, 0.4% higher than Monday’s close […]

March 19, 2019

Instagram is strengthening its role in e-commerce by allowing users to pay for dresses, makeup, and watches inside its app. The new checkout feature, which begins rolling out on Tuesday, lets users make in-app purchases from 23 retailers, including Nike, […]

March 18, 2019

LONDON — The financial technology provider Fidelity National Information Services agreed on Monday to buy Worldpay for about $34 billion, in a bid to become a powerhouse in the global payments sector. The deal is among the biggest in the […]