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Traders waiting for the Fed's 'moment of truth' are sending global stocks higher
Stocks rose on Tuesday as traders waited for signs from the Federal Reserve that it will cut interest rates. While the Federal Open Market Committee isn't expected to announce...
2 hours ago - Business Insider
Investors are banking on rate cuts to extend the stock market's gains. Here's why their hopes could be dashed
The stock market and the bond market have priced in multiple interest-rate cuts from the Federal Reserve this year and next. Still, industry watchers don't think a rate cut...
14 hours ago - Business Insider - 4 articles
Global stocks, yields steady with Fed, central bank meetings on tap
A gauge of global stock markets edged higher on Monday to build on monthly gains and benchmark government bond yields hovered near multi-year lows as investors girded for...
17 hours ago - Reuters - 2 articles
Morning News: June 17, 2019
Hundreds of Companies Descend on Washington to Fight Trump's Tariffs ‘Catastrophic,' ‘Cataclysmic': Trump's Tariff Threat Has Retailers Sounding Alarm Huawei Warns Trump's Ban...
18 hours ago - Crossing Wall Street - 6 articles
Global stocks, yields steady with focus on Fed, central banks
A gauge of global stock markets edged higher on Monday to build on monthly gains and benchmark government bond yields hovered near multi-year lows as investors girded for...
20 hours ago - Reuters - 2 articles
Here's why a UBS economist's 'Chinese pig' comment may have been offensive to Mandarin speakers
A top UBS economist made a joke about a "Chinese pig," sparking a fierce backlash that resulted in his suspension and the Swiss bank losing out on a $1 billion bond sale. Pigs...
20 hours ago - Business Insider
UBS Loses a Deal in China After Economist's ‘Pig' Comment
One of China's biggest state-owned infrastructure companies excluded UBS Group AG from a bond deal after the bank's global chief economist sparked a furor with his use of the...
20 hours ago - Fortune
UBS was kicked off a $1 billion bond deal because China is angry about a joke a senior economist made about pigs
UBS and China are in a bitter dispute over an economic briefing which officials in Beijing have interpreted as a racial slur. The dispute appears to have had real costs for...
1 day ago - Business Insider - 2 articles
A Wall Street investment chief overseeing $26 billion breaks down why recession fears are overblown, even as the market clamors for Fed relief
Some industry watchers argue that the recent yield-curve inversion is due to low inflation, and therefore not a sign of recession. "It's hard to make the case that the US...
1 day ago - Chron - 3 articles
A Wall Street investment chief overseeing $26 billion breaks down why recession fears are overblown, even as the market clamors for Fed relief
Some industry watchers argue that the recent yield-curve inversion is due to low inflation, and therefore not a sign of recession. "It's hard to make the case that the US...
1 day ago - Business Insider - 3 articles
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Facebook's Project Libra: 5 Things to Know About the New Cryptocurrency
After months of speculation, Facebook finally announced details about its new cryptocurrency on Tuesday morning. The digital currency, called Libra, will be available starting...
The incredible life of Sally Ride, who became the first American woman in...
U.S. National Archives and Records Administration Sally Ride became America's first woman in space 36 years ago. She answered a newspaper article with a handwritten note that...
10 things you need to know before the opening bell
Here is what you need to know. 1. The Federal Reserve is meeting today and Wednesday. Traders are hoping the central bank will signal its intention to cut rates later this...
Volvo Group Selects NVIDIA to Transform Trucking
Volvo Group and NVIDIA are delivering autonomy to the world's transportation industries, using AI to revolutionize how people and products move all over the world. At its...
Trump's trade wars are putting the US economy at risk. But the Federal...
The Federal Reserve is expected to leave borrowing costs unchanged Wednesday at the end of a two-day policy meeting. Trump has increased pressure on the independent central...
Former Snap CSO Imran Khan has launched his new e-commerce startup Verishop...
Former Snap chief strategy officer Imran Khan has launched his new e-commerce company, Verishop. He's pitching his company as an alternative to Amazon and other online...
GuestReady raises $6M to help hosts on Airbnb and other services manage...
GuestReady , a three-year-old service that lets shared-economy hosts manage their business on Airbnb and other rental sites, has announced a $6 million Series A round. The...
Patrick Drahi, behind the $3.7 billion Sotheby's acquisition, is no stranger...
Patrick Drahi, the founder of Dutch telecoms company Altice, is taking the iconic auction house Sotheby's private in a $3.7 billion deal . The Sotheby's acquisition under...
The US is sending 1,000 more troops to the Middle East to confront Iran...
The Pentagon has made the decision to bring in additional forces to the Middle East, in the wake of the recent tanker attacks, which the US has blamed on Iran. Acting Secretary...
This $40 clear tea kettle has every last feature you'd want, including a...
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