While October is a middle-of-the-road month, based on historic seasonality, it is extremely strong in midterm years
Daimler AG shares fell Wednesday after the company announced a shake-up at the top, saying Chief Executive Dieter Zetsche will exit his position after its annual 2019 shareholder meeting.
Plans Hong Kong debut
Bitmain Technologies, the largest digital currency mining company in the world, released its first public financial statements to the Hong Kong Stock Exchange, confirming its intention to go public.
The document is the first look into the company’s financial situation and showed the Beijing-based giant racked up $2.8 billion in revenue in the six months ending June 2018, a 10-fold increase from the same period in 2017.
Euro traders focused on tomorrow’s Italian budget
The U.S. dollar saw fairly muted trade Wednesday after the Federal Reserve raised interest rates for the third time in 2018, as expected.
A slide in the U.S. dollar and a rally by its main rival, the euro, moderated toward the end of the New York trading session on Monday, and investors returned to focusing on this week’s Federal Reserve meeting, which is widely expected to deliver a rate increase.
The pros and cons of putting a wedding on plastic
With the cost of weddings skyrocketing, couples are turning to alternative methods to pay for their big day.
Private session set in wake of claims of bias against conservatives in search results, work with China
Google Chief Executive Sundar Pichai plans to appear at a private meeting of top GOP lawmakers on Friday and again at a public hearing this year, responding to new scrutiny of the company’s work with China, its market power and alleged bias against conservatives in its search results.
Stock has increased 116% since 2015 security R&D announcement
Microsoft Corp. shares closed at a record high as the tech giant broadened its profile as a secure cloud vendor on Monday, using its annual IT conference to announce several security initiatives designed to woo enterprises to its Azure public cloud platform and away from rivals Amazon.com Inc. and Alphabet Inc.
It can take a toll on your finances and other things
As of 2012, about half of all adults in the U.S., 117 million people, were reported to live with one or more chronic health conditions. But for those of us who struggle with chronic illness and disease on a day-to-day basis, our conditions are much more than just a staggering statistic. From diabetes, to heart disease, arthritis, Lupus, and Lyme, the list of chronic illnesses seems to goes on and on. But, unfortunately, the psychiatric, medical, and financial resources designed to help feel few and far between.
Appetite for stocks tends to taper when 10-year Treasury yield moves above 3%
Albert Edwards, global strategist at Société Générale, this week cautioned that the moment of reckoning for stocks is near and investors should stop buying into the fantasy of a robust economy as a recession is lurking right around the corner.