The U.S. government on Thursday filed a superseding indictment against the Chinese smartphone maker Huawei Technologies Co and its Chief Financial Officer Wanzhou Meng.
Federal Reserve board nominee Judy Shelton on Thursday apologised for having likened a convicted currency counterfeiter to U.S. civil rights icon Rosa Parks in an unusual exchange with a lawmaker weighing her appointment to the central bank.
Federal Reserve board nominee Judy Shelton faced deep skepticism from Republicans and Democrats on the Senate Banking Committee on Thursday, as lawmakers challenged her independence from President Donald Trump and characterized her thinking as too far outside the mainstream to trust with the nation’s economy.
Yahoo Finance’s Dan Roberts breaks down today’s top trending new stories on On The Move. …read more […]
Defensive stocks helped the S&P 500 and the Nasdaq erase losses to trade flat on Thursday, even though a sharp rise in new coronavirus cases in China kept investors worried.
Some GOP senators expressed worry over Judy Shelton’s nomination for an open seat at the Federal Reserve, which could jeopardize the Trump nominee’s chances at confirmation. …read more […]
Oil prices edged higher on Thursday, as investors hoped the world’s biggest producers would cut output more, while they largely shrugged off forecasts of slumping demand due to the coronavirus outbreak in top oil importer China.
The dollar rose and global equity markets slumped on Thursday after a new methodology that sharply increased the death toll in China from the coronavirus unnerved investors and halted a rally that had lifted U.S. and European stocks to record peaks.
The coronavirus epidemic in China has had a marginal impact on energy markets and is unlikely to dramatically push up oil prices even if Chinese demand falls by 500,000 barrels per day, U.S. Energy Secretary Dan Brouillette told Reuters on Thursday. Brouillette cautioned, however, that there had been some “slowing” of Chinese energy purchases. Oil demand is set to fall by 435,000 bpd this quarter, in its first decrease since the financial crisis in 2009 due to the coronavirus outbreak in China, the International Energy Agency (IEA) said on Thursday. …read more […]
Exxon Mobil Corp does not have a timeline for restarting fuel-producing units at its second-largest U.S. refinery following a fire Wednesday that cut production, sources said, as the shutdown boosted gasoline prices on Thursday.
JPMorgan Chase & Co has told financial technology companies that they will be barred from accessing its customer information by July 30 if they do not sign data access agreements with the bank and agree to a plan to stop using customer passwords to gather the data.
Amazon announced that the company invests $15 billion to support third-party sellers adding up to more than 225 tools and services in 2019. Nick Denissen, Amazon VP of Small Business joins the On The Move panel to discuss the details and what the impact of the investment means to the business. …read more […]
After a big opening weekend, many investors are wondering if XFL stock is coming soon. The newest competitor to the NFL drew in very solid TV ratings in its first week. This includes millions of viewers for its opening game in the nation’s capital.
Currently, the league is privately owned by Vince McMahon’s Alpha Entertainment LLC. The well-known WWE owner is looking to take advantage of the public’s desire for more football once the NFL season ends.
Is XFL Stock Coming in the Future?
It’s hard to say if the XFL will eventually hit the stock market. Vince McMahon himself invested $123 million …read more […]
Both stocks have started 2020 off with modest gains …read more […]
An overnight spike of nearly 15,000 in China’s reported coronavirus cases upended world markets on Thursday. …read more […]
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
