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5206 posts

Press Room

About author
Articles
Business

Jim Jordan pauses US House Speaker bid and backs interim candidate

By Press Room
October 19, 2023
1 Mins read
Markets

China dumps most U.S. securities in 4 years, perhaps to defend a weakening yuan

By Press Room
October 19, 2023
1 Mins read
An earlier version of this story said China sold nearly $15 trillion in long-dated Treasurys. They sold nearly $15 billion. Chinese investors…
Investment

Sanofi Says Drug Shows Potential to Slow Diabetes in Late-Stage Trial

By Press Room
October 19, 2023
1 Mins read
By Adria Calatayud Sanofi said its Tzield drug met the primary goal of a phase 3 clinical trial, showing potential to slow…
Stocks

Tech ETFs and Stocks Retreat in Tuesday’s Pre-bell Trading

By Press Room
October 19, 2023
1 Mins read
© Reuters. In Tuesday’s pre-bell trading, technology-focused exchange-traded funds (ETFs) XLK and XSD experienced a decline, dropping by 1% and 0.5%, respectively….
Commodities

Oil slips as Venezuela sanctions ease, Middle East in focus

By Press Room
October 19, 2023
2 Mins read
By Ahmad Ghaddar LONDON (Reuters) -Oil prices fell about 1% on Thursday as the United States eased sanctions on Venezuela to allow…
Currencies

China ramps up yuan internationalisation under Belt and Road Initiative

By Press Room
October 19, 2023
2 Mins read
SHANGHAI/SINGAPORE (Reuters) – China is using loans agreed through its Belt and Road Initiative (BRI) to promote the yuan internationally, having already…
Fintech

Regulators Focus On AI-Powered Surveillance In BNPL Industry

By Press Room
October 19, 2023
3 Mins read
In recent quarters, the financial services industry has been buzzing with discussions about regulation parity in the Buy Now, Pay Late sector,…
Finance

How Biden Forgiving Another $9 Billion In Student Loan Debt Helps Close The Racial Wealth Gap

By Press Room
October 19, 2023
2 Mins read
The burden of student loan debt has reached crisis levels, disproportionately affecting students of color and amplifying the racial wealth gap. Now,…
Investment

Will The Policy Bazooka Be Unleashed As Lines In The Sand Are Crossed?

By Press Room
October 19, 2023
3 Mins read
Key News Asian equities followed Wall Street lower overnight except for Taiwan, which pulled a James Bond +0.07% before Taiwan Semiconductor’s post-close…
Markets

4 Steps To 49% Returns By Late 2024

By Press Room
October 19, 2023
3 Mins read
Last week in this column, I said it was time to buy. Today, we’ll clarify that timeline. Buy and hold forever? Nah….
Business

Home sales dropped in September to a 13-year low as surging prices and mortgage rates stymie demand

By Press Room
October 19, 2023
1 Mins read
Home sales dropped in September to the lowest level in 13 years as surging interest rates and climbing home prices made buying…
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