SoftBank Group Corp agreed to spend more than $10 billion to take over WeWork, doubling down on an ill-fated investment and paying off its co-founder Adam Neumann to relinquish control, people familiar with the matter said on Tuesday.
Like a puppy chasing its tail, some new investors often chase ‘the next big thing’, even if that means buying ‘story… …read more […]
47 attorneys general now involved in the Facebook antitrust investigation. Yahoo Finance’s Julie Hyman, Adam Shapiro and Jessica Smith discuss. …read more […]
U.S. home sales fell more than expected in September as the market continues to struggle with a dearth of properties for sale, especially for cheaper homes.
Stocks on world markets eked out small gains on Tuesday after some upbeat corporate results and talk of progress in China-U.S. trade talks, while sterling weakened as investors awaited further news on Britain’s eventual exit from the European Union.
China has been a leader in global wealth for some time, but many factors – trade war included – are slowing its economic growth.
There are several schools of thought on how the China miracle will play out, but one thing is for certain: Nicholas Vardy isn’t buying the China bull.
The latest news about the Chinese economy is in. And it’s not good.
China’s GDP grew at 6% in the third quarter of 2019. That’s the slowest pace since 1992.
The trade war with the U.S. is hitting home. China’s exports fell 3.2% year over year in September alone. Add declining income growth, …read more […]
Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before the Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the first […] …read more […]
Concerns over rising interest rates and expected further rate increases have hit several stocks hard during the fourth quarter of 2018. Trends reversed 180 degrees during the first half of 2019 amid Powell’s pivot and optimistic expectations towards a trade deal with China. Hedge funds and institutional investors tracked by Insider Monkey usually invest a […] …read more […]
Exxon Mobil Corp on Tuesday was due to face trial in a lawsuit by New York’s attorney general accusing it of misleading investors about the risks of climate change regulations to its business.
SoftBank Group Corp agreed to spend more than $10 billion to take over WeWork, doubling down on an ill-fated investment and paying off its co-founder Adam Neumann to relinquish control, people familiar with the matter said on Tuesday.
U.S. companies are responding to the lowest unemployment rate in almost 50 years by increasing their focus on automation in order to maintain healthy margins as labor costs tick higher, a Reuters analysis of corporate earnings transcripts shows.
A U.S. prosecutor on Tuesday called Turkey’s Halkbank a “fugitive” after it failed to make an initial court appearance in a criminal case accusing it of conspiring to violate U.S. sanctions against Iran.
OPEC and its allies will consider whether to deepen cuts to crude supply when they next meet in December due to worries about weak demand growth in 2020, sources from the oil-producing club said.
DUBAI/MOSCOW/LONDON (Reuters) – OPEC and its allies will consider whether to deepen cuts to crude supply when they next meet in December due to worries about weak demand growth in 2020, sources from the oil-producing club said. Saudi Arabia, OPEC’s de facto leader, wants to focus first on boosting adherence to the group’s production-reduction pact with Russia and other non-members, an alliance known as OPEC+, before committing to more cuts, the sources said. OPEC members Iraq and Nigeria are among the countries that have failed to comply properly with pledged output reductions. …read more […]
Our bond expert, Steve McDonald, teaches you how to profit from bonds. He’s been an active trader for more than two decades and knows all there is to know about bonds. However, not everyone is as knowledgeable. So today we’re going to take a step back and answer an important question: What are bonds?
What Are Bonds?
Our economy runs on debt. And bonds are an integral piece of the debt structure. They allow governments to function and companies to grow. Without bonds, large organizations vital to the economy would collapse.
Bonds are loans made to large organizations. And when you buy a …read more […]
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