After robust growth in the middle of the year, the economy has been flashing mixed signals of late. Equity markets are well down from early October and yields on U.S. Treasury bonds have fallen, indications of diminished investor expectations for growth and inflation.
Day: December 7, 2018
Stock Market News Today ◊ U.S. corporate bond funds also took a hit this week, experiencing $1.9 billion of outflows. ◊ Investors fled to safe-haven government debt as risk-off sentiment took over the markets. Swings in the stock market this… Read More ›
Major oil producers have reached a deal to cut oil production and boost the market, following two days of grueling negotiations
OPEC clinched the deal with allied oil-producing nations including Russia at its headquarters in Vienna, Austria on Friday.
Alphabet’s self-driving car unit could book $114 billion in revenue in 2030, according to a base-case estimate from investment bank UBS
Waymo’s first commercial pilot may be small, but Wall Street has big projections for the company’s financial future. UBS pegs Waymo’s value at between $25 billion and $135 billion.
International Brent crude oil futures fell below $60 per barrel early in the session, trading at $59.50 per barrel at 01:44 GMT, down 56 cents, or 0.9 percent from their last close.