Real Time Financial News Website
U.S. government debt prices were higher on Tuesday morning, as investors monitored a fresh batch of economic data and Treasury auctions. TREASURYS TICKER COMPANY YIELD CHANGE %CHANGE US3M U.S. 3…
Recovery in India’s gold market remains uncertain in the second half of the year, dampened by factors including record high prices for the metal, the World Gold Council told CNBC.…
Kohl’s Corp (KSS.N) posted a smaller-than-expected quarterly loss on Tuesday, as the department-store chain reopened most of its stores that were shuttered for weeks to curb the spread of the…
Walmart Inc (WMT.N) posted its biggest-ever growth in online sales on Tuesday as shoppers cashed in stimulus checks and ordered everything from electronics and toys to groceries from the safety…
U.S. states claimed they are owed $2.2 trillion to address harm from OxyContin maker Purdue Pharma LP’s alleged role in America’s opioid epidemic, accusing the drugmaker in new filings of…
Venture capital investors are betting big on Robinhood during this pandemic-plagued year as people stuck at home, especially younger investors, jump into trading a stock market that’s experienced its fastest…
Walmart posted its biggest earnings surprise in 31 years Tuesday as shoppers rushed in to spend their stimulus checks, and online sales nearly doubled during the coronavirus pandemic. The discount…
Has Wall Street missed the news that we are in a pandemic? The U.S. economy remains battered by the coronavirus outbreak and Congress is deadlocked on another stimulus bill –…
Oil prices slipped on Tuesday, though they mostly held onto overnight gains after OPEC+ said the producer grouping is almost fully complying with output cuts to support prices amid a…
U.S. homebuilding accelerated by the most in nearly four years in July in the latest sign the housing sector is emerging as one of the few areas of strength in…
Sterling edged up against the dollar and euro on Monday, with cable mostly driven by a weaker U.S. currency and euro-sterling stuck above the key 90 level ahead of a…
America’s Car-Mart — Shares of America’s Car-Mart jumped nearly 5% in extended trading after the auto financing company reported better-than-expected earnings. The company reported earnings per share of $2.83, versus…
Nigeria’s foreign-currency shortage is squeezing the life out of Africa’s biggest economy. Banks won’t honor card payments, foreign investors can’t get their money out and manufacturers are unable to import…
Nigeria’s central bank has secured government approval to set up a 15-trillion naira ($39.4 billion) infrastructure development company with the sovereign wealth fund to invest in the country’s transport network,…
SoftBank Group Corp (9984.T) has built a stake worth around $1.2 billion in e-commerce firm Amazon (AMZN.O), regulatory filings showed on Monday, as the tech conglomerate expands its investing activities…
The S&P 500 rose slightly on Monday to start the week, but fell short of a record closing high once again amid declining trading volumes and lingering concerns over a…
Barrick Gold’s stock is popping 10% Monday after legendary investor Warren Buffett’s Berkshire Hathaway revealed a stake in the gold miner’s stock. Berkshire added a $562 million position in Barrick…
Wall Street’s main indexes were set to open higher on Monday as retailers prepared to wind down a better-than-feared quarterly earnings season, while investors continued to watch for the S&P…
After becoming dean of the University of Illinois business school in 2015, Jeffrey Brown worried that politics or a virus would choke off a major source of revenue for his…
The coronavirus pandemic has been so devastating to the airline industry that even flight attendants with decades of experience have been told that their jobs are at risk. Jennifer Ritter…
Singapore’s finance minister on Monday unveiled more economic support measures worth about S$8 billion ($5.8 billion) to cushion the blow from the COVID-19 pandemic on businesses and workers. “The continued…
An intense multi-day heatwave kicked into high gear Friday, triggering power outages throughout California as the state’s power grid became overwhelmed by energy demands. A Stage 3 emergency alert was…
The financial health of British households deteriorated in August at a faster pace than last month, in an unpromising sign for the economic recovery from the COVID-19 pandemic, a survey…
Japan was hit by its biggest economic slump on record in the second quarter as the coronavirus pandemic emptied shopping malls and crushed demand for cars and other exports, bolstering…
Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) said on Friday it has sold shares of some of the largest U.S. banks, slashing its stakes in Wells Fargo & Co (WFC.N) and…
Foreign investors tempted into buying Nigerian debt paying interest of 13% a year ago are unable to move their cash out of the country. Worse still, the rate that investors…
The Minister of State for Petroleum Resources, Timipre Sylva, has said the country needs an oil price of $70 per barrel and a production of two million barrels per day…
The owner of money-losing shared office provider WeWork told employees on Thursday it has slashed its cash burn rate almost in half from the end of last year and obtained…
Treasury yields held steady on Friday as investors parsed through new economic data. The yield on the benchmark 10-year Treasury note was flat at around 0.706% in early trading, while…
China’s retail sales slipped in July, dashing expectations for a modest rise, as consumers in the world’s second-largest economy failed to shake off wariness about the coronavirus, while the factory…