Apple shares flirt with correction territory Apple shares flirt with correction territory: Shares of Apple Inc dipped on Monday and flirted with correction territory following a report that the company had told suppliers to scale back shipments of parts for its upcoming iPhone X. Digitimes, citing unnamed sources, reported that […]
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Fed officials in muddle over permanent vs temporary inflation lull Fed officials in muddle over permanent vs temporary inflation lull: Federal Reserve officials with competing views about inflation laid out on Friday the quandary facing U.S. policymakers as they wrestle over whether a recent dip in the pace of price […]
Around the world, a muted launch for Apple’s iPhone 8 Around the world, a muted launch for Apple’s iPhone 8: Apple Inc’s (AAPL.O) launch of the iPhone 8 kicked off with less fanfare on Friday than new models in previous years in the United States, Asia, Australia and Britain, as […]
Stability concerns focus d of Yellen speech Stability concerns focus at Fed ahead of Yellen speech: The stock market’s steady rise, still low long-term bond yields and a sagging doat Fed aheallar are girding the Fed’s intent to raise interest rates again this year despite concerns about weak inflation, according […]
Chevron drops appeal over landmark Australian tax ruling Chevron drops appeal over landmark Australian tax ruling: Chevron Corp (CVX.N) has withdrawn an appeal to Australia’s High Court over a disputed A$340 million ($268 million) tax bill, leaving in place a landmark court ruling on related-party loans that could affect other […]
Asian shares bounce after losses, dollar sags on weak U.S. CPI Asian shares bounce after losses, dollar sags on weak U.S. CPI: Asian stocks bounced on Monday after three losing sessions, tracking a firmer Wall Street, while the dollar was weighed down by tensions on the Korean peninsula and weak […]
North Korea talk drags stocks lower; gold, yen rise North Korea talk drags stocks lower; gold, yen rise: Stocks around the world fell sharply on Thursday and investors moved into the yen, gold and other safe-haven assets amid more aggressive talk between the United States and North Korea. The S&P […]
Hedge fund Pine River loses $2 billion in 12 months to July Hedge fund Pine River loses $2 billion in 12 months to July: Hedge fund firm Pine River Capital Management’s flagship fund has lost about 68 percent of its assets in the 12 months to July, according to data […]
Wall Street ends higher as Dow edges to latest record Wall Street ends higher as Dow edges to latest record: The Dow edged up to its ninth record closing high in a row while the S&P ended slightly higher on Monday, with consumer and technology sector gains offsetting losses in […]
Amazon shadow looms large ahead of retail earnings Amazon shadow looms large ahead of retail earnings: As old and new Amazon.com (AMZN.O) competitors gear up to report earnings, investors are eager to know how they plan to withstand the growth of the No. 1 online retailer. So far this quarter, […]
