Uber Technologies Inc., Lyft Inc. and other big startups going public now have touted their new business models that disrupt old industries but lose historic amounts of money. To try to win over investors, they have also come up with… Read More ›
U.S. President Donald Trump said on Monday he would meet Chinese President Xi Jinping next month as the trade war between the world’s two largest economies intensified, sending shivers through global markets. China announced earlier it would impose higher tariffs… Read More ›
Uber Stock Tumbles In Second Day Of Trading… The IPO May Have Been Ill-Timed Given The Broad Market Slide
Uber Technologies Inc. opened lower on Monday, as the closely watched company continues its rocky debut on public markets. Shares of the ride-hailing app company fell 8.6% to $38 in the morning of its second day of trading. START TRADING… Read More ›
China’s finance ministry said it plans to set import tariffs ranging from 5 percent to 25 percent on 5,140 U.S. products on a target list worth about $60 billion. It said the tariffs will take effect on June 1. The… Read More ›
— As the relationships between countries shift over the next few decades, expect trade to remain a hot button issue, according to one analyst. That prediction comes as the U.S. and China continue to square off in a trade war… Read More ›
STOCK MARKET NEWS TODAY — FINANCIAL AND BUSINESS NEWS — SMN.TODAY — President Donald Trump said it would be wise for China to “act now” to finish a trade deal with the U.S., predicting that “far worse” terms would be… Read More ›
STOCK MARKET NEWS TODAY — FINANCIAL AND BUSINESS NEWS — SMN.TODAY —Friday was bad. But how’s Monday?… Uber’s agonizingly difficult first day as a public company was a cold shower for Silicon Valley’s hottest company, a dousing that drenches both… Read More ›
STOCK MARKET NEWS TODAY — FINANCIAL AND BUSINESS NEWS — SMN.TODAY —Stocks fell Thursday, resuming a sell-off this week, after President Donald Trump said China “broke the deal,” fueling worries that the U.S. and China will be unable to hatch… Read More ›
Financial Markets | BY KYRA MYERS | STOCK MARKET NEWS TODAY | 1. Not All Yield Curve Inversions Are Created Equal To many, an inverted yield curve is taken as gospel of economic doom and gloom, having preceded every recession over the… Read More ›
Former Federal Reserve Chair Janet Yellen told a New York audience she fears there could be another financial crisis
Yellen cited leverage loans as an area of concern, something also mentioned by the current Fed leadership. She said regulators can only address such problems at individual banks not throughout the financial system.
The worst stock market performance is not when the yield is inverting, but after it begins to steepen again, according to Bespoke.
The Federal Reserve has signaled that it plans to proceed with an interest-rate increase in December
Fed officials have signaled in recent days they plan to proceed with another quarter percentage point increase in their benchmark short-term interest rate when they meet Dec. 19, marking their fourth rate increase this year.