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Perhaps Philip Lowe should be the next appointment to the U.S. Federal Reserve board of governors. The head of the Reserve Bank of Australia (RBA), the Aussie central bank, had several sensible things...
For most of recent history, when the European Central Bank's (ECB) policymakers meet, the euro falls. But the odds of the single currency breaking that streak tomorrow are looking better by the day....
The word recession is appearing more often in economic forecasts these days. And there are very strong reasons for economists to bring back this dreaded word in their commentaries. As the U.S....
U.S.-Sino tensions have escalated yet further, following the U.S. ban against Chinese telecom giant Huawei. this past weekend, Beijing went after global shipper FedEx (NYSE:FDX), claiming it diverted...
Europe, U.S. futures point to rebound from tech-probe selloff Facebook, Alphabet, Amazon and FedEx take the brunt of Monday's rout Yield slide eases; gold continues to gain on demand for safety Oil...
Within the fast-paced and rapidly expanding marijuana industry, the anticipation of the second phase of legalization—the approval of what is collectively referred to as the next generation of...
The pound sterling held its own as the March 29 deadline for Brexit approached and FX traders maintained hope that reason would prevail and a long transition period would ease the U.K.'s exit from the...
Although the words came off a published interview rather than a live news conference, they reflected the vintage Khalid al-Falih we knew—calm, measured and dignified in providing just the right...
The plunge in FedEx (NYSE:FDX) shares is accelerating. They hit a three-year low yesterday on the news that China is probing the world’s largest package shipment company on some...
Gold prices have been depressed for while, dropping around 1.3% between the start of 2019 and May 28, but the tide appears to have turned. Gold futures have gained 2.7% since then.Investors are now...
U.S. futures, Europe follow Asia lower as recession warnings multiply Yields resume drop toward 2.00 Gold strengthens on safe-haven rotation Key EventsEuropean stocks and futures on the S&P 500,...
Will this be the week that West Texas Intermediate returns below $50 and Brent snaps $60 support?It will be both unsurprising and fascinating were that to happen. U.S. crude broke below $55 per barrel...
The world’s largest ride-hailing service, Uber Technologies Inc. (NYSE:UBER), is treading a precarious tightrope since its dismal initial public offering last month. It has to show quickly that...
All four main U.S. indices top out in the medium-term Trump escalates trade wars, targeting Mexico as well as India VIX has its highest close since January It looks like the first full monthly equity...
It’s going to be another tough week for global stocks amid signs that both the U.S. and China are set to escalate their trade war even further, even as President Trump expands the use of his...
From fund managers in Connecticut holding long contracts of oil worth millions of dollars to powerful energy ministers in the Middle East in charge of billions of barrels of their countries’...
The computer hardware sector is not the place to be in when the world’s largest economies — the U.S. and China — are embroiled in a bitter trade dispute that could derail global...