Yen Weakens Past 140 Per Dollar as Traders See Another Fed Hike
The yen weakened beyond 140 per dollar for the first time since November as traders moved to price
2023-05-26 04:20
Nikola Plunges as Nasdaq Says Sub-$1 Stock Price Risks Delisting
Nikola Corp. tumbled Thursday after Nasdaq Inc. notified the company that it isn’t in compliance with the minimum
2023-05-26 03:49
Office Real Estate Looks Dicey With REITs Plunging to a 2009 Low
Office real estate investments trusts are trading at their lowest level since 2009 as the trend toward remote
2023-05-26 02:55
CIBC Tops Estimates as Rates Boost Lending Profit Margins
Canadian Imperial Bank of Commerce reported an increase in its profit margin from loans in the fiscal second
2023-05-26 02:47
Lula Cuts Car Taxes in Bid to Revive Brazil’s Ailing Auto Sector
President Luiz Inacio Lula da Silva rolled out a series of tax breaks to make low-priced vehicles more
2023-05-26 02:46
Extreme Debt-Ceiling Fears Abate Though Markets Still on High Alert
There has been a slight reduction in the fear premium being baked into Treasury bills that are most
2023-05-26 02:23
Bright Spot for Drought-Plagued US Wheat Crop Emerges in Illinois
Lush fields in Illinois are proving to be a rare bright spot for the US wheat crop after
2023-05-26 01:51
Goldman to BBVA Say Dollar Weakness to Boost Mexican Peso
Analysts from Goldman Sachs & Co to XP Investimentos are betting a fresh bout of dollar weakness can
2023-05-26 01:50
McCarthy Says Issues Remain in Debt Talks, All Won’t Be Happy
Speaker Kevin McCarthy said issues remain in negotiations with the Biden administration on raising the federal debt limit
2023-05-25 21:18
Ramaphosa Rules Out South Africa Abandoning Neutral Stance on War in Ukraine
South Africa’s president insisted his country won’t be drawn into taking sides in the conflict between Russia and
2023-05-25 20:50
Markets suffer a debt ceiling-induced vibe shift
There are just four trading days left until the United States hits its "X" day — the ominous-sounding hard deadline for the government to raise the debt ceiling or risk defaulting on its obligations, according to the US Treasury. Investors are starting to squirm.
2023-05-25 20:24
Citi’s $7 Billion Banamex Sale Scuttled as AMLO Intervenes
Citigroup Inc. spent 16 months preparing its Banamex unit for a sale that ultimately fizzled after meddling by
2023-05-25 19:49