WASHINGTON, Reuters) - U.S. consumer prices rebounded more than expected in October and underlying inflation picked up, which together with abating trade tensions and fears of a recession, support the Federal Reserve's signal for no further interest rate cuts in the near term.
Chinese e-commerce giant Alibaba Group plans to ramp up investment in its online entertainment, content and travel platforms with the proceeds from a planned $13.4 billion Hong Kong listing.
Chinese e-commerce giant Alibaba Group has opened the trading books for its $13.4 billion Hong Kong listing, two sources with direct knowledge of the process told Reuters on Wednesday.
Alphabet Inc's Google will offer personal checking accounts from sometime next year in partnership with Citigroup Inc and a small credit union at Stanford University, a person familiar with Google's plans said on Wednesday.
Billionaire Paul Tudor Jones on Wednesday said that the stock market will decline if any Democrat wins the 2020 presidential election.
Embrace your years of experience and use what you've learned to win at starting your own business after age 50.
RBC Capital sees Facebook's stock climbing more than 40% in the year ahead.
Of the 43 Wall Street analysts that cover Apple's stock, 22 have a buy rating.
Artemis | Steve Evans | Nov 7, 2019 A blockchain based parametric weather insurance product has made its first payouts, after severe weather impacted smallholder farmers covered by the product in Sri Lanka. The parametric insurance was launched in a pilot phase a year ago, as Oxfam in Sri Lanka teamed up with insurance and
Mylo | Ted Liu | Nov 5, 2019 Mylo Raises $10M Series A From Major Canadian Financial Institutions Montreal, November 5, 2019 – Mylo, the Montreal-based fintech, has secured $10M in financing for its app that helps Canadians automate their saving and investing. The Series A round was led by National Bank’s corporate venture capital
U.S. stocks slipped at open on Wednesday after President Donald Trump threatened to "substantially" raise tariffs if China did not strike a trade deal with the United States and on escalating tensions in Hong Kong.
U.S. consumer prices jumped by the most in seven months in October, which together with abating fears of a recession, support the Federal Reserve's signal for no further interest rate cuts in the near term.
Alibaba Group Holding Inc co-founder Jack Ma said on Wednesday results from the Singles' Day annual online shopping festival had missed the Chinese e-commerce giant's expectations.
Chinese e-commerce giant Alibaba Group launched the share sale for its Hong Kong listing on Wednesday, braving unrest in the global financial hub to try to raise up to $13.4 billion to fund its expansion plans.
The promise of PeptiDream Inc's drug-discovery technology and its lucrative research-for-hire contracts have made it a darling of the Tokyo stock market. Now, those gains have made it a target for short-seller Muddy Waters.