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Tag: business


News

The jobs report was better than expected, but market worries gains will be fleeting without stimulus

August 7, 2020

Via: CNBC

Markets see a slight positive in July’s jobs report, but the focus remains on whether Washington can agree to a stimulus package that could help head off future job losses and aid the still millions of unemployed. The economy added […]


Industries, Retail & Wholesale

Stocks gyrate and are flat after strong jobs data as investors await stimulus news

August 6, 2020

Via: CNBC

Stocks moved between gains and losses on Friday as better-than-expected jobs data partially offset lingering tensions between China and the U.S., as well as ongoing coronavirus stimulus negotiations. The Dow Jones Industrial Average traded 34 points lower, or 0.12%. The […]


News

Business activity plummets, but markets rally on Fed support

March 24, 2020

Via: ABC News

Europe’s economy could shrink by some 10% this year as efforts to contain the spread of the virus outbreak cause a collapse in commercial activity. Yet markets were up sharply on Monday – extending weeks of stunning volatility – as […]


Software & Tools

Blockchain opportunities for banks

January 22, 2020

Via: TechRadar

In some areas of their business, banks and financial institutions are already well on their way to completing their transformation journeys. Processes amenable to digitization have indeed been digitized, and the increasing adoption of technologies such as robotic process automation […]


Industries, Others

China’s exit from US agriculture is a devastating blow to an already struggling sector

August 6, 2019

Via: CNBC

Agriculture has been a weapon of choice in the escalating trade war between the world’s two largest economies. With China officially pulling out of buying U.S. agricultural products, American farmers are losing one of their biggest customers. It could be […]


News

Europe stocks hammered by U.S.-China trade tensions

August 5, 2019

Via: Market Watch

Asian stocks were hit hard as the dollar USDCNY, +1.4106% rose about the key 7 level vs. the Chinese yuan, and as protests continued in Hong Kong. “Today’s decision by China’s central bank to allow the yuan to breach the […]


Energy, Uncategorized

Oil prices sink more than 2% as U.S.-China trade spat sparks demand concerns

May 7, 2019

Via: Market Watch

Crude-oil prices dropped on Tuesday amid lingering worries about a protracted trade conflict between the U.S. and China, which could hurt demand for the commodity. “Oil prices remain volatile, with concerns a trade war could have reduced demand battling for […]


Finance Tech

How Advanced Automation Generates Higher Profits for Financial Services

December 7, 2018

Via: Aberdeen

Up until now, the technology and capabilities for leading financial institutions and service providers have been focused primarily on improving the speed and efficiency of transaction processes to minimize cost and improve the visibility of information. They rely on this […]


News, Trading, Uncategorized

Tesla slips after Elon Musk announced lower-cost Model 3 (TSLA)

October 19, 2018

Via: Business Insider

Tesla shares slipped Friday morning, down 0.94%, after CEO Elon Musk revealed a lower-cost Model 3 sedan was ready for order on the company’s website. They had gained as much as 2.2% in early action. “Just released lower cost, mid-range […]


News, Trading, Uncategorized

Bank of America downgrades homebuilder stocks as Wall Street grows increasingly bearish on housing

October 18, 2018

Via: CNBC Finance

Bank of America Merrill Lynch downgraded homebuilder stocks Toll Brothers, PulteGroup and NVR and lowered its homebuilding estimates for 2018 and 2019. “This morning BofA Merrill Lynch’s US economics team lowered its 2018-2019 housing starts and new home sales forecasts […]