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Amazon and Kohl's already work together and the online retailer could use the department store to grow its clothing brands.
In these days of steep inflation, who couldn't use more money to put toward anything from bills to a little stress relief? If you're already working, however, it might be hard to imagine where you...
Enterprise software developer Fintech-Ideas has integrated a suite of blockchain tools to its SaaS offerings. The provision will enable businesses to utilize powerful web3 features such as tokeniza...
Breaking down the psychology behind why print magazines and new financial products can be contrarian signals
From a $360 million project to expand Zambia's international airport in Lusaka to a $1.4 billion city port in Sri Lanka's capital of Colombo, China is the missing piece in the puzzle of a number of debt talks under way in developing markets. Many economies buckling under economic strain are seeking debt relief. Now, the pressure is rising on China to take a more active role in helping strained economies overhaul their debt burdens.
The bullish divergence in the stock market breadth and the price volume analysis of S&P 500 suggest a potential big move ahead.
How many cars Tesla would deliver in the second quarter was a big question for bulls and bears in recent weeks. The impact of a money furnace on quarterly cash flow is tough to fathom. Tesla’s most productive plant in China was hamstrung for months because of Covid restrictions implemented to help Chinese officials control rising infections.
It has been three weeks since crypto lender Celsius Network LLC took the drastic step of halting customers’ withdrawals. Alla Driksne says she has six figures worth of bitcoin and ethereum—her life savings—tied up in a Celsius account. On June 12, a Sunday, the company said it had paused customer withdrawals, saying it needed “to stabilize liquidity and operations.”
(Bloomberg) -- German Chancellor Olaf Scholz said his government is continuing talks on aid for gas giant Uniper SE, and signaled that bailout tools developed during the pandemic to rescue big companies like Lufthansa are on the table again.Most Read from BloombergBezos Slams Biden Over Call for Lowering of Gas PricesLong, Moderate and Painful: What Next US Recession May Look LikeUS Court Ruling May Take 70,000 Truckers Off Road, Spur JamsJPMorgan Sees ‘Stratospheric’ $380 Oil on Worst-Case Russ
In a bullish sign, WTI rallied despite the release of factory data showing U.S. manufacturing activity slowed more than expected last month.
Investors sought protection in the U.S. Dollar after the ISM manufacturing index came in at 53, slightly below a Dow Jones estimate of 54.3.
A 401(k) and a pension are both employer-sponsored retirement plans. Each can be used by savvy investors to save for their retirement and can capitalize on contributions or benefits from their employer. The most significant difference between the two is that a 401(k) is a defined-contribution plan, and a pension is a defined-benefit plan.
We ran the numbers and found the approach can juice returns when rates are rising, but doesn’t add significant value over long periods.
Alibaba Group Holding has created a new subsidiary called Lingyang Intelligent Service Co to help companies in their digital transformation, a move that deepens the Chinese e-commerce giant's pivot to the enterprise market. The new business unit, which pulls together existing digital capabilities within the Hangzhou-based firm, represents "an important step for Alibaba after thoughtful consideration", company chairman and chief executive Daniel Zhang Yong said in a statement on June 29. The new
A subsidiary of Zhejiang Geely Holding Group has acquired a 79% stake in lesser-known Chinese smartphone maker Meizu Technology, one of China’s earliest smartphone makers.
Not everyone can afford to live on fixed incomes as prices rise.
Tight supplies of commodities following Russia’s war in Ukraine lead countries back to the dirtiest fossil fuel, despite commitments to tackle climate change.
(Bloomberg) -- Signs are beginning to appear that the worst of the yen’s rout may be over it amid concerns about a global recession and lingering speculation over a Bank of Japan policy shift.Most Read from BloombergBezos Slams Biden Over Call for Lowering of Gas PricesLong, Moderate and Painful: What Next US Recession May Look LikeUS Court Ruling May Take 70,000 Truckers Off Road, Spur JamsJPMorgan Sees ‘Stratospheric’ $380 Oil on Worst-Case Russian CutGermany’s Union Head Warns of Collapse of
A decade ago Indonesia earned the unwelcome label of being among the so-called "Fragile Five" emerging markets, economies highly vulnerable to capital outflows and a currency slump whenever global interest rates rise. But fast forward to a new round of monetary tightening led by the U.S. Federal Reserve, Southeast Asia's biggest economy and its capital markets have shown remarkable resilience, throwing a spotlight on whether the situation has fundamentally changed. Indonesia's central bank is among the world's least hawkish, having given no hint of when it might lift rates, while inflation has only just nudged above the 2%-4% target range and the rupiah is one of emerging Asia's best performing currencies.
World stocks rose in holiday-thinned trade on Monday, helped by a bounce in oil as concerns over tight supply outweighed recession fears. European stocks rallied 0.8% and Britain's FTSE rose over 1%, boosted by gains in oil and gas companies. Oil dropped $1 a barrel earlier on Monday on worries about the global economic outlook, but roared back on data showing lower output from the Organization of the Petroleum Exporting Countries (OPEC), and on unrest in Libya and sanctions on Russia.
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