Tag: Finance

November 1, 2019

Oil futures were up slightly Friday, buoyed by an upbeat read on Chinese manufacturing activity, but remain on track for a weekly loss after a rise in U.S. inventories and uncertainty around U.S.-China trade talks. West Texas Intermediate crude for […]

November 1, 2019

October – historically a spooky month for stocks – wasn’t too scary this year. An ominous cloud typically hangs over the market in October due to the stockmarket crash of 1929, Black Monday in 1987 and the 2008 financial crisis, […]

October 30, 2019

The Federal Reserve cut interest rates Wednesday for the third time this year as slowing business investment, ongoing trade tensions and global weakness continued to weigh on the American economy. But the Fed signaled that it will pause and assess […]

September 20, 2019

Texas Instruments – Texas Instruments raised its quarterly dividend by 17%. The chipmaker will now pay 90 cents per share, up from the prior 77 cents a share, with the next dividend payable November 18 to stockholders of record on […]

August 7, 2019

President Donald Trump’s trade war has increasingly revolved around the role of global currencies. It’s a shift he’s ushered along by crying foul on alleged currency manipulation. And there have even been reports that he’s considered doing it with the […]

August 6, 2019

Allergan – Allergan beat estimates by 3 cents a share, with adjusted quarterly profit of $4.38 per share. The drugmaker’s revenue beat forecasts as well, driven by strong sales of products like Botox and Juvéderm. Allergan also raised its full-year […]

August 5, 2019

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 […]

August 5, 2019

Gold’s haven appeal boosted the metal Monday as an escalating U.S.-China trade fight sparked a selloff in assets perceived as risky. Gold on Friday notched its highest finish in more than six years, a day after President Donald Trump intensified […]

August 2, 2019

Financial markets around the world buckled Friday, and the S&P 500 was on track to close out its worst week of the year following President Donald Trump’s latest escalation in his trade war with China. China struck back and said […]

August 1, 2019

The IHS Markit Manufacturing Purchasing Managers’ Index fell to 50.4 in July, down from 50.6 in June, driven by a weaker demand. The firm also noted managers’ signaled slower hiring. A gauge of employment within the report fell to the […]