A better-than-expected U.S. jobs report eased some worries about an imminent recession but also bolstered the case for the Federal Reserve to continue aggressively hiking rates, threatening more turbulence for asset prices this year.
Archaeologists in Spain said on Friday they had dug up an ancient jawbone that could help them look into the face of some of the earliest human ancestors in Europe.
In the middle of a volatile cryptocurrency market, you might not care that Iranians have greater financial problems than citizens of the privileged world. For years, there have been considerable bans on Iranian nationals' activity – from access prohibition to the blocking o
Many people are considering investing in stocks during the bear market. Whether you didn't have the funds previously or you simply can't resist the relatively low prices right now, investing in stocks...
When Ons Jabeur and Elena Rybakina meet in Saturday's Wimbledon final it will be the fifth edition running that a first-time women's champion will go through the wood-panelled revolving-doors of the All England Club.
Formula One championship leader Max Verstappen handed Red Bull a home pole position for Saturday’s sprint race at the Austrian Grand Prix after Mercedes rivals Lewis Hamilton and George Russell crashed in qualifying.
India's fuel consumption in June rose by 17.9% from a year earlier, government data showed on Friday, as demand in the world's No.3 oil consumer headed back towards pre-pandemic levels.
Financial stocks were lower in afternoon trading, with the NYSE Financial Index sliding 0.3% while the SPDR Financial Select Sector ETF (XLF) was off 0.4%.
Energy stocks were narrowly lower this afternoon, with the NYSE Energy Sector Index falling 0.2% while the SPDR Energy Select Sector ETF (XLE) was down 0.5%. The Philadelphia Oil-Service Sector index was posting a 0.1% advance and the Dow Jones US Utilities Index was slipping 0.
What happened
Defying today's market downturn, shares of electric vehicle (EV) leader Tesla (NASDAQ: TSLA) are revving up in Friday afternoon trading, gaining a solid 3.6% as of 12:20 p.m. ET. And for a change, it's some good news out of China that is driving Tesla higher.
Copper output at Peru's huge Las Bambas mine has returned to normal levels after a two-month shutdown due to protests was ended last month, sources and power usage data show, but talks over a deal with community leaders have stalled, threatening more tensions.
Oh what a tangled web we weave, when first we angle to offer 18% APR on crypto deposits.A lawsuit filed Thursday in New York State’s Supreme Court claims an asset manager that deployed customer funds for troubled crypto-lending platform Celsius Network has not been paid for
Investing in emerging markets exposes investors to interest rate risk, since most existing emerging market bond indexes that portfolio managers are typically benchmarked against have long durations. Due to record high inflation, it’s been a historically bad year for bond market losses, particularly emerging market bonds. Data from ICE BofA index show that broad emerging [...] Read more at ETFtrends.com.
At Holdings Channel, we have reviewed the latest batch of the 22 most recent 13F filings for the 06/30/2022 reporting period, and noticed that Microsoft Corporation (Symbol: MSFT) was held by 17 of these funds. When hedge fund managers appear to be thinking alike, we find it is
U.S. stocks slipped in choppy trading on Friday after a robust jobs report stoked fears of aggressive interest rate hikes by the Federal Reserve to keep inflation in check.
Three organisations have filed a criminal complaint to federal prosecutors in Switzerland, alleging a failure to exercise due diligence at UBS in relation to funds they say were received by an alleged associate of former Congolese president Joseph Kabila.
U.S. energy firms this week added oil and natural gas rigs for the fourth time in five weeks amid high crude prices although the growth in rigs has been small and crude production has been slow to recover to pre-pandemic levels.
What happened
Shares of Chevron (NYSE: CVX) jumped 23.4% over the first six months of the year, according to data provided by S&P Global Market Intelligence, as energy prices surged throughout the period.