Paul Tudor Jones Says ‘Go All In On The Inflation Trades’ If Fed Keeps Ignoring Higher Prices
Billionaire hedge fund manager Paul Tudor Jones told CNBC on Monday he’s paying close attention to this week’s Federal Reserve policy meeting…
Category: Business
Goldman Sachs sees oil rallying into the summer. Here are the firm’s top stock picks to play it
Oil prices are up more than 40% for 2021 amid a recovery in demand for petroleum products, and Goldman Sachs…
These stocks could be big winners if interest rates continue to fall
Interest rates are unexpectedly retreating, spurring investors to rethink which stocks to bet on as 2021 continues. Certain stocks that have performed…
Cramer says these are the four growth stocks he likes right now
CNBC’s Jim Cramer said Friday he sees opportunities for investors to capitalize on pullbacks in some growth stocks that have…
Pros are changing their portfolios due to the unexpected decline in rates. How they’re playing it
Technology and growth stocks are back in favor with some investors, and the trend has been helped by a surprise…
Jim Cramer: Be patient with bitcoin, approach the S&P with caution
CNBC’s Jim Cramer is advising that investors who are searching for entry and exit points keep a close eye on…
Precious-Gold Tops $1,900/Oz Mark As Dollar, Yields Dip After U.S. Data
Gold prices edged above $1,900 an ounce level on Friday, supported by a pullback in the dollar and lower bond…
Central Bank Of Nigeria To Unveil Digital Naira This Year
The Central Bank of Nigeria (CBN) is to unveil a digital currency, Director of the Information Technology Department, Rakiya Mohammed,…
CBN May Nationalise Ailing Unity Bank As Talks With Investors Fail
The Central Bank of Nigeria (CBN) may nationalise ailing Unity Bank Plc over its troubled and unhealthy state, in its…
Naira Loses 88 Kobo At I&E Amid Low Trades
It was a bad day for the Nigerian Naira at the Investors and Exporters (I&E) segment of the foreign exchange…
CBN’s Digital Currency’ll Begin Before 2022– Bankers’ Committee
The Director-Information Technology Department, Central Bank of Nigeria, Mrs Rakiyat Mohammed, has said that the banking regulator will launch a…
Forex Trades Double As CBN Restores Transparency In Forex Market
Central Bank of Nigeria ( CBN) in collaboration with FMDQ, forex dealers recently activated On-system trading and also adopted a…
Bank Of Canada Brushes Off Temporary Spike In Inflation
Bank of Canada policy makers aren’t worried about the recent run up of inflation they believe is being driven largely…
OPEC Sees Oil Demand Recovery Gaining Strength In Second Half
OPEC predicted that the recovery in global oil demand will gather strength in the second half of the year, as…
This small 401(k) provider wants to bring cryptocurrency to Americans’ retirement funds
Financial services for cryptocurrency holders have been growing as a subset of the fintech industry for years. Now, crypto 401(k)s…
What’s really behind the bitcoin decline and why it could take the cryptocurrency as low as $20,000
The price of bitcoin fell about 10% Tuesday to around $32,000 and is on pace for its third straight day of losses,…
Digital payments giant Stripe launches new software to simplify how companies work out sales taxes
LONDON — Stripe on Thursday debuted a new product that it says will make it easier for businesses to calculate…
Warren Buffett’s Berkshire Hathaway makes $500 million investment in Brazilian digital bank
Warren Buffett’s Berkshire Hathaway made a $500 million investment in the parent company of Nubank, a privately held digital bank based in…
Chinese ride-sharing giant Didi files to go public, earned a small profit last quarter on $6.4 billion in revenue
Chinese ride-hailing giant Didi Chuxing on Thursday filed to go public in what could be one of the largest tech IPOs of…
Here’s why Art Cashin says the S&P 500′s move to a new record may be ‘slightly suspect’
The S&P 500 hit an all-time high early Thursday, but longtime trader Art Cashin told CNBC he’s taking a wait-and-see approach before determining whether stocks…
World’s Richest Face Tax Squeeze After 40% Run-Up In Fortunes
Amazon.com Inc. founder Jeff Bezos has the resources to launch himself into space. Elon Musk does, too. In many ways,…
Central Bank Of Nigeria Issues New Framework For Payment System Providers
On 9th December 2020, the Central Bank of Nigeria (CBN) the Central Bank of Nigeria (CBN) issued a circular on “New…
Dollar Hovers Above 5-Month Low, FX Volatility Drops Further Ahead Of ECB, U.S. Inflation Data
The dollar hovered above a five-month low versus major peers on Thursday as investors looked to U.S. inflation The dollar…
Asian Currencies Inch Higher Ahead Of U.S. Inflation Data
Asia’s emerging market currencies crawled higher on Thursday as investors awaited a crucial U.S. inflation report due later in the…
China’s Central Bank Governor Sees Inflation Below Target
China’s central bank Governor Yi Gang said consumer inflation is expected to stay under 2% this year, below the government’s…
Inflation, Hunger Loom Over Fresh Strike By Food Sellers
The Amalgamated Union of Food Stuff and Cattle Dealers of Nigeria (AFUCDN) has threatened to cut the supply of foodstuff…
Story From Markets Bitcoin Peeps Above $38K On Basel News
Bitcoin hit highs above $38,000 on Thursday after the Basel Committee’s proposal gave banks a green light to hold the…
ECB To Keep Money Taps Wide Open Even As Recovery Takes Hold
The European Central Bank is all but certain to maintain a generous flow of stimulus when policymakers meet on Thursday,…
Trade Between Nigeria, South Africa Hits $2.9b In 2020
Nigeria’s mission in South Africa issues 10,341 passports in 15 months Despite concerns about xenophobia between Nigeria and South Africa, bilateral…
Emefiele: Local, Foreign Banks Invested $10b In Dangote Refinery
Nigerian banks and their foreign counterparts invested between $9 billion and $10 billion in the Dangote Refinery, Fertilizer Plant and…