Tag: Finance

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 […]

August 1, 2019

Stocks marched higher in late morning trading on Wall Street Thursday as investors focused on several solid earnings reports after a late bout of selling the day before. Investors are nearing the end of a busy week that included Wednesday’s […]

May 7, 2019

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 […]

December 7, 2018

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 […]

October 19, 2018

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 […]