The hottest trade of 2020 is rhodium
Rhodium is one of 2020's best trades, surging more than 30% this year driven by demand from the auto industry.
Rhodium is one of 2020's best trades, surging more than 30% this year driven by demand from the auto industry.
Apple and other tech favorites propelled Wall Street to record highs on Monday, fueled by optimism about the signing of a preliminary U.S.-China trade deal, as well upcoming fourth-quarter earnings reports.
Amazon.com Inc is planning to give more data on counterfeit goods to law enforcement in a further crackdown on fakes listed on its e-commerce sites, a person familiar with the program told Reuters.
The U.S. government recorded a $13.3 billion budget deficit in December, the Treasury Department said on Monday.
McKinsey & Company | Sean Brown and Kevin Laczkowski | Dec 2019 Resilient companies enjoy gains that last long after an economic crisis has passed. We talk with two of our experts about their new research on corporate resilience and what differentiates companies that emerge from economic downturns stronger than they were going in. We'll
U.S. Federal Reserve officials may be in broad agreement that interest rates are unlikely to change soon, but they differed Monday on how concerned they are about developing financial risks in assessing when a rate hike might be appropriate.
There is a "high bar" to the U.S. Federal Reserve raising interest rates given the need to raise inflation and guard against any drop in inflation expectations, Atlanta Fed president Raphael Bostic said on Monday.
Bank stocks finished last year on a tear, outpacing the broader stock market in the fourth quarter.
Bond yields edged higher while a gauge of global equity markets hit a record high on Monday, lifted by optimism over the planned signing this week of a U.S.-China trade deal and hopes the start of the U.S. corporate earnings season will not disappoint.
Taken together, the moves have been seen as stimulus that while stealthier than the measures taken to pull the economy out of the financial crisis, nevertheless represent important backing that has been positive for the kind of risks that stocks embody.
U.S. government officials presented the British government with new evidence on Monday about the risks of including Huawei [HWT.UL] equipment in future 5G mobile networks, branding it "madness", the Guardian newspaper reported.
U.S. prosecutors on Monday rejected Michael Avenatti's claim that they overwhelmed him with large amounts of material for the Jan. 21 trial accusing the celebrity lawyer of trying to extort Nike Inc , and that the material should be excluded or the trial delayed by 30 days.
The U.S. Treasury Department on Monday said China should no longer be designated as a currency manipulator in a long-delayed semi-annual currency report, reversing an August finding that had roiled financial markets.
Visa Inc has agreed to buy privately held financial technology startup Plaid Inc in a $5.3 billion deal, the payments processor said on Monday.