Despite global trade and tariff tensions, one of the world’s biggest indexers is pushing ahead with plans to include mainland China stocks in its indexes. That means investors in most global funds will be owning more China stocks in the next few years. It couldn’t come at a better time for China. The trade wars
Month: August 2018
As Argentina’s currency plungedand interest rates spiked this week, the South American country was at the epicenter of an emerging markets’ financial spiral that is expected to continue well into next year. Argentina’s peso steadied Friday after losing about 20 percent against the dollar since Tuesday as its central bank said it would auction dollar
Beach at Soulac-sur-MerTom Mullen Bordeaux is the name of a French city and a commune, as well as a style of wine. The name derives from a 6th century B.C.E. Celtic tribe known as the Bituriges Vivisci. Male inhabitants are known as bordelaise and women as bordelaises. Although those who live elsewhere often associate Bordeaux
“Every time bitcoin was in the news, be it positive or negative, the price went up accordingly,” van der Burgt said in a phone interview with CNBC on Wednesday. Van der Burgt said the correlation between Google searches for bitcoin and the cryptocurrency’s price was almost a “perfect match” until the end of 2017. He
Of the big technology stocks, Apple is the most concerning, veteran technology investor Paul Meeks told CNBC on Thursday. “Of all the FAANGs, the one I am frankly most worried about is Apple,” Meeks said on “Power Lunch.” The ecosystem “is all based on the number of iPhone users, and we are seeing a slowdown
Two days ago, Venezuela’s President, Nicolás Maduro, ordered the nation’s banks to adopt the Petro digital currency, so now Venezuelan banks must accept Petro. In a bid to reform the nation and alleviate the current Venezuelan economic crisis, Maduro is trying to get the Petro coin recognized as Venezuela’s second currency and now banks within the
It seems iPhone users won’t have access to the crypto collectible craze anytime soon. The news comes after forthcoming video game War Riders was featured on the Coinbase Wallet iOS app and then quickly withdrawn. In War Riders, players drive around an apocalyptic wasteland, building up armies of vehicles – vehicles represented by non-fungible tokens,
Bitcoin (BTC) bulls need to defend key support at $6,905, else the short-term bullish outlook would be invalidated. At press time, the leading cryptocurrency is trading at $6,920 on Bitfinex – down 2 percent on a 24-hour basis. The pullback from the previous day’s high of $7,139 does not come as a surprise, as the
Check out the companies making headlines after the bell: American Outdoor Brands shares skyrocketed 20 percent in the extended session after a first-quarter earnings beat. The Smith & Wesson parent company earned 21 cents per share for the quarter, up 9 cents from Wall Street’s expectations of 12 cents per share. It also beat estimates
A for sale sign outside a mansion at Miami Beach. (Photo by: Jeffrey Greenberg/UIG via Getty Images) Everybody worries and everybody worries about retirement in a different way. Almost everyone nearing retirement wonders whether they should pay off their mortgage. To answer the question yourself start with the financial golden rule: get interest, don’t pay it.
It may be hot in the nation’s neighborhoods now, but the nation’s housing market is cooling off. Signed contracts to buy existing homes fell 0.7 percent in July compared with June, according to the National Association of Realtors’ pending home sales index. The index was down 2.3 percent compared with July 2017. That is the
Amazon just got a little closer to $1 trillion on Wednesday. The e-commerce company rallied after Morgan Stanley became the biggest bull on the Street with its $2,500 price target. Wednesday’s surge added around $32 billion to Amazon’s market cap, putting it less than $30 billion from the $1 trillion level Apple crossed for the
Cryptocurrencies transformed the way we glance at transactions, but against the grain, they have also encouraged cybercriminals to lead some massive frauds over the past few years. While the cleverest minds have developed some beyond-belief organizations upheld by the might of blockchain and cryptocurrencies, wicked minds have also pounced on the furor, defrauding innocent investors
Peer-to-peer cryptocurrency exchange AirTM has raised $7 million in a Series A funding round. The Mexico-based startup, which seeks to help individuals conduct transactions and bypass traditional banking services, revealed the news Wednesday, saying it will direct the funds toward growing its reach across various markets in South America. In particular, the firm intends to
Good news: The markets are at new highs. So, we can all retire early, right? Uh, no. It’s true the value of retirement funds has risen as the market has soared: Fidelity and Vanguard have recently reported that the value of the average retirement fund has risen in the last year. But the results are
Check out the companies making headlines after the bell: Guess shares rose more than 11 percent during after-hours trading following an earnings beat for the second quarter. The clothing brand earned 36 cents per share, 4 cents higher than analysts’ estimates of 32 cents. The company also issued strong revenue guidance despite missing estimates on
One Dalton: Changing Boston’s SkylineOne Dalton The ultra-luxury One Dalton, Boston is transforming the city’s conservative skyline. The newest Four Seasons Hotel and Private Residences with 160 condominiums (located above the hotel) soar 742 feet and 61 stories above Boston’s Back Bay neighborhood. Prices range from $2.5 million to over $40 million for a penthouse
Buying a home in the spring and summer these days looks like something you’d see out of “The Hunger Games.” For sellers, it’s the golden opportunity to get the most return on their real estate investment. Buyers, on the other hand, might feel like they’re in a gladiator ring. A lack of affordable homes in
Food stocks are fighting for your dinner. As Campbell Soup trades at four-year lows, food delivery stock GrubHub just broke through to a record high. GrubHub has surged 95 percent so far this year in its best performance since its 2015 public debut, pushing its market cap to nearly $13 billion and above Campbell Soup’s
The Farnborough International Airshow is the UK’s biggest aerospace event featuring many announcements across the UK space industry. The 2018 event included a number of interactive talks exploring a range of space topics with participants from the UK Space Agency, NASA, and the European Space Agency. The UK strategy is to promote the value of space-based
Bitcoin’s (BTC) price surpassed $7,000 early on Tuesday after 20 days stuck in a narrow range below $6,800. The worlds largest cryptocurrency by market capitalization first moved past the $7,000 mark soon after 10:00 UTC today after trading sideways for nearly three weeks. As traders of bitcoin have come to realize, periods of low volatility often come
The rally is broadening. Major indexes have hit historic highs, but the combination of optimism on trade talks, earnings for the third and fourth quarter and a strong U.S. economy is creating a virtuous cycle. The big complaint about the rally was that much of the move up this year has been centered on technology
Check out the companies making headlines after the bell: H&R Block shares rose 4.5 percent during after-hours trading following better-than-expected earnings for its first quarter, but subsequently erased those gains. The tax preparation company reported first-quarter consolidated losses of 74 cents per share and revenues of $145.2 million, according to Reuters. Wall Street predicted losses
Young adults are expected to take up nearly half the national home-buying market by the end of this year, according to a recent report. Shutterstock With the cost of housing rising, Millennials buying property in New York may seem mythical—but the city is in line with a national uptick in home-purchasing among adults aged 35 and younger, experts
HEALDSBURG, Calif. — The town square here feels as if it is from a bygone era: lush greenery, redwoods and palm trees, a bakery that sells its famed sticky buns each morning, a more-than-a-century-old inn that proclaims its “wine country warmth.” It is also the sort of place, with an abundance of wealth and aging
Some altcoins made surprising moves this week. In particular, ICON jumped 25% in the last seven days. This is interesting because when looking at the coin leaders, their actions remained relatively flat; Bitcoin kept finding its way back to somewhere between the $6,700 and $6,750 marks, with the latter being the highest the coin achieved across the
There’s an account on the EOS blockchain with $35 million worth of tokens in it that no one can touch – and its balance is growing constantly. At the end of EOS’ first 12 months as a live blockchain, this account (called eosio.saving) will be worth close to $192 million, assuming the recent EOS market price
The bearish sentiment in the bitcoin (BTC) futures market hit a record low last week, likely indicating the worst of the plunge in the leading cryptocurrency is behind us. The non-commercial futures contracts of Bitcoin futures, traded by large speculators and hedge funds, totaled a net position of -1266 contracts in the week ended Aug.
Check out the companies making headlines before the bell: Tesla — CEO Elon Musk said in a blog post that the automaker will remain a public company, following consideration of his proposal to go private. Musk said he was confident the deal could have been funded, but said Tesla shareholders told him they wanted the
A fearless and nonconformist thinker at the height of his abilities, London-based, Ghanaian-British architect Sir David Adjaye OBE is reinventing the possibilities of his profession. One of the leading architects of his generation and a global cultural ambassador for the UK, his clever use of materials and sculptural capabilities have established him as an architect
- 1
- 2
- 3
- …
- 9
- Next Page »