(Bloomberg) — Asian shares fell as earlier optimism that was triggered by positive Chinese holiday data dissipated. Most Read from Bloomberg A gauge of Asia Pacific shares slipped after rising 0.4% in the early trading as mainland Chinese stocks pared their advances, with the CSI 300 Index dragged down by declines in financials and health […]
WASHINGTON (AP) — A measure of consumer sentiment ticked higher this month, after soaring in December and January, underscoring that Americans are starting to feel better about the economy after several years of gloom. The University of Michigan’s consumer sentiment index, released Friday, ticked up to 79.6 in February, from 79 in January. The small […]
COPENHAGEN (Reuters) – Iceland’s latest volcanic eruption waned on Friday but left a trail of damage to roads and pipelines, cutting hot water to parts of the Reykjanes peninsula during freezing temperatures. The eruption began on Thursday, spewing orange lava 80 metres (260 feet) high from a 3 km (2 mile) crack in the earth, […]
(Bloomberg) — A.P. Moller-Maersk A/S shares plunged after the shipping company said it expects renewed gloom in the shipping industry later this year when the current boost to freight rates from the Red Sea conflict evaporates. Most Read from Bloomberg That will still leave global container trade growth at 2.5% to 4.5% for the full-year, […]
STORY: Adidas is getting over its breakup with Kanye West. The German sportswear giant parted ways with the rapper after he made antisemitic comments. That cost it big sales of his Yeezy line of sneakers. But on Wednesday the firm said its earnings were on the mend. It forecast a near-doubling in operating profit to […]
Visa (V) posted quarterly results late Thursday with fellow Dow Jones credit card giant American Express (AXP) on tap early Friday. Capital One Financial (COF) reported a big earnings miss Thursday afternoon. V stock retreated while COF shares ticked lower in late Thursday trade. X Visa Stock Visa reported adjusted earnings of $2.41 per share, […]
WASHINGTON (AP) — Long before Donald Trump announced his campaign to retake the White House, he launched a quieter campaign to rack up Republican endorsements. In early 2021, after Trump lost to Democrat Joe Biden and inspired a mob of supporters to attack the Capitol trying to overturn the 2020 election, the defeated president started […]
The Dow Jones Industrial Average erased early gains and was nearly flat in late action Wednesday. Still, the index remains near its Monday’s record of 38,000. X The S&P 500 rose to record highs but trimmed its earlier gains to 0.3% in the stock market today. The Nasdaq led with a 0.6% gain. Volume on […]
Cryptocurrencies By Adam Clark Jan 15, 2024, 5:53 am EST Share Reprints In this article BTCUSD COIN ETHUSD SOLUSD ADAUSD Bitcoin and other cryptocurrencies were falling on Monday. The initial wave of buying after the approval of exchange-traded funds tied to spot trading of Bitcoin looks to have been exhausted. Continue reading this article with a […]
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s markets, which soared after President Javier Milei took office a month ago, are now giving the libertarian leader a dose of reality, with bond prices slipping, the peso weakening again and investors wary of the government’s new debt auctions. The splash of cold water from investors after […]
Shipping heavyweight FedEx (FDX) fiscal Q2 earnings and revenue results stopped short of expectations after Tuesday’s close. FDX stock fell hard in late trade. X FedEx reported EPS of $3.99, with revenue of $22.2 billion. That marked a 25% gain, short of the 32% increase, to $4.19 a share, expected by analysts polled by FactSet. […]