August 15, 2019

‘Crazy inverted yield curve’ vexes Fed, with no clear resolution

Amid the recent financial market volatility, the interest rates on some long-dated government bonds have fallen below the level for short-term debt. Powered by WPeMatico
August 15, 2019

Apple says it supports 2.4 million U.S. jobs

Apple Inc said on Wednesday it was either directly or indirectly responsible for 2.4 million U.S. jobs, up 20% from the 2 million the technology company […]
August 15, 2019

SoftBank convertible note helped cut WeWork losses

Investors may be stumped by some of the finances WeWork owner We Company unveiled this week in its filing to go public, in particular a $486 […]
August 15, 2019

Ackman confident portfolio can keep delivering strong returns: letter

Billionaire investor William Ackman, whose portfolio has gained almost 50% this year, said his fund can keep delivering “high, long-term” returns and that he expects Berkshire […]
August 15, 2019

Trump says trade war with China will be fairly short

U.S. President Donald Trump said on Thursday he believes China wants to make a trade deal and the trade war with Beijing will be fairly short. […]
August 15, 2019

GE shares fall on Madoff whistleblower calling its finances a fraud

General Electric Co shares fell as much as 15% on Thursday after fraud investigator Harry Markopolos, who blew the whistle on Bernard Madoff’s Ponzi scheme, said […]
August 15, 2019

Democrat wants FCC to open T-Mobile, Sprint settlement for comment

U.S. Representative David Cicilline urged Federal Communications Commission Chairman Ajit Pai on Thursday to give the public the chance to comment on a draft order that […]
August 15, 2019

S&P 500, Dow gain as upbeat retail sales offset recession fears

The S&P 500 and the Dow gained ground in a late rally on Thursday as upbeat retail sales data offset recessionary fears amid the simmering U.S.-China […]
August 15, 2019

Stocks waver, dollar recovers on renewed growth worries

The dollar recovered from early weakness but a gauge of world equity performance edged lower on Thursday as concerns about global growth offset investor optimism over […]
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