Browsing Tag

stock markets

Goldman Sachs says the market is about to get wild in October

Traders work after the closing bell at the New York Stock Exchange (NYSE) on August 12, 2019 at Wall Street in New York City.Johannes Eisele | AFP | Getty ImagesFor investors taking a breather from the chaos in August, buckle up as the market is about to go crazy again, Goldman Sachs warned.Wall Street is now inches away from reclaiming its record…
Read More...

China promotes nightlife, night-time activities to boost economy

Night view of Nanjing Road in Shanghai.zhuyufang | iStock | Getty ImagesBEIJING – The Chinese government is encouraging businesses and local districts to develop the so-called "night economy" in an effort to boost growth.Some retailers and hospitals have extended their operating hours, while cities are also spending on elaborate light shows. It's…
Read More...

Fed rate cut is coming, but market insiders doubt it’s necessary

Federal Reserve Board Chairman Jerome Powell reacts after the two-day meeting of the Federal Open Market Committee on interest-rate policy on June 13, 2018, when it raised its benchmark rate to 1.75% to 2%. If the Fed cuts this week, the rate will return to that level.Yuri Gripas | ReutersThe Federal Reserve is expected to cut its benchmark lending…
Read More...

Dow set to fall on fears spiking oil will slow the global economy

Traders and financial professionals work ahead of the closing bell on the floor of the New York Stock Exchange. U.S. stock futures dropped on Sunday night amid fears that a surge in oil prices following an attack in Saudi Arabia could slow down global economic growth. As of 8:18 p.m. ET Sunday, Dow Jones Industrial…
Read More...

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More