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PRFT earnings call for the period ending June 30, 2021.
Stop losing money on mediocre businesses.
Noelle Acheson, Head of Market Insights at Genesis Trading, discusses why Cryptocurrnecies tumbled on Monday.
Monday's sharp downturn in stocks precipitated partly by the highly leveraged Evergrande in China isn't the only problem buffeting markets on Monday.
Derek Scissors American Enterprise Institute Senior Fellow joins Yahoo Finance to discuss what's next for the markets as the Evergrande crisis continues to develop.
How do your retirement savings compare to savings by other people in your age group? Are you keeping up with the proverbial Jones?
(Bloomberg) -- A global rout in stock markets sparked by concerns over China Evergrande Group hit the world’s biggest fortunes Monday, with the richest 500 people losing a combined $135 billion.Most Read from BloombergThe Global Housing Market Is Broken, and It’s Dividing Entire CountriesMerkel’s Legacy Comes to Life on Berlin’s ‘Arab Street’Is There Room for E-Scooters in New York City?Istanbul Turns Taps on Old Fountains, Joining Global Push for Free DrinksAmazon, Microsoft Swoop In on $24 Bil
Shares of the Chinese tech giant pulled back in response to a potential default by Evergrande Group.
The S&P 500 had its worst day in months Monday, tumbling 1.7% on fears that property giant China Evergrande Group ‘s (ticker: 3333.Hong Kong) troubles may spill over into other markets. Friday, the S&P 500 fell below its 50-day moving average, a technical indicator that shows investors are losing confidence in the market outlook. The S&P 500 is 3.9% below its all-time high as of Monday’s close, at its lowest level since mid-June.
(Bloomberg) -- Visitors to Byton Ltd.’s website are greeted with color-saturated images of shiny electric cars gliding along manicured streets. Those paying a visit to the automaker’s factory in Nanjing, eastern China may be less impressed. The plant is modern and huge, gleaming under the hot summer sun. But there’s total silence. Production has been suspended since the pandemic began and there’s noone around except for a lone security guard.Most Read from BloombergThe Global Housing Market Is B
(Bloomberg) -- China Evergrande Group slid deeper in equity and credit markets Tuesday, fueling concerns about broader contagion after S&P Global Ratings said the developer is on the brink of default.Most Read from BloombergThe Global Housing Market Is Broken, and It’s Dividing Entire CountriesMerkel’s Legacy Comes to Life on Berlin’s ‘Arab Street’Is There Room for E-Scooters in New York City?Istanbul Turns Taps on Old Fountains, Joining Global Push for Free DrinksAmazon, Microsoft Swoop In on $
Fear contagion from the Evergrande crisis, warns Goldman Sachs.
Daily FX.com Analyst Christopher Vecchio joins the Yahoo Finance Live panel to discuss China's Evergrande default risk.
Cryptocurrency prices bounced off 1-1/2 month lows on Tuesday as a heavy selloff overnight linked to concerns about a possible loan default by property developer China Evergrande eased slightly, but investors braced for more volatility. Bitcoin, the biggest and the best known cryptocurrency, traded around $43,000, recovering from a fall to $40,192 earlier in the session. Global markets started the week on a turbulent note after fears that Evergrande's troubles could lead to a fallout for the Chinese and global economies prompted a selloff in riskier assets.
Democrats are in the middle of a major effort to raise taxes on the wealthiest Americans to help offset the cost of their proposed expansion of the social safety net. “How is it possible for millionaires and billionaires that can pay a lower rate of tax than teachers, firefighters, or law enforcement officers?” President Joe Biden asked during remarks on the economy delivered at the White House last week. “Big corporations and the super wealthy have to start paying their fair share of taxes. It’
Advisors should keep an eye on credit-default swaps to gauge the risk of broader market impact from Evergrande’s debt woes. Looking at CDS for HSBC is one good proxy for estimating contagion. For investors, the weather has turned ominous.
Dow Jones futures were higher late Monday after the stock market sold off on China property default fears. Apple and Tesla tumbled.
Orally administered treatments of COVID-19 infections are coming into focus as vaccine stocks lose their luster.
Bitcoin and other cryptocurrencies were tumbling on Monday as one of China's largest property developers teetered on collapse. Here's how it could spill over into cryptos.
(Bloomberg) -- Sinic Holdings Group Co. has halted trading after an 87% slump in its shares Monday afternoon. Most Read from BloombergThe Global Housing Market Is Broken, and It’s Dividing Entire CountriesMerkel’s Legacy Comes to Life on Berlin’s ‘Arab Street’Is There Room for E-Scooters in New York City?Amazon, Microsoft Swoop In on $24 Billion India Farm-Data TrovePalm Oil Giant’s Industry-Beating ESG Score Hides Razed ForestsThe Shanghai-based developer didn’t give any reason for the trading
The personal finance celeb says borrowers who do this make her "so crazy."