Minneapolis Federal Reserve President Neil Kashkari said on Friday that the U.S. Warnings that inflation will rise are not supported by any evidence and are tantamount to ‘ghost stories’. Kashkari said in an essay posted on his regional bank’s website that the debate, which has been going on since 2008, …
Read More »The Dow Dow, S&P 500, under pressure early on Friday, tumbled in tech stocks, pulling the Nasdaq down.
U.S. stock indices were down as early as Friday, amid uncertainty over a new round of monetary stimulus by lawmakers in Washington and concerns over tensions between the U.S. and China. The day’s trading action marks the quadruple witch, referring to the simultaneous expiration of single-stock options, single-stock futures and …
Read More »Tesla’s stock slipped after pricebush analysts raised price targets, but kept the rating neutral.
Tesla Inc. T.S.L. Shares of. -4.14% Pre-market trading rose 4.5 percent on Friday, following a 9.9% decline in the past two days, after Wadbush analyst Dan Ives cited “strong and more-than-expected” demand signals in China, pushing its price target above current levels. Ives raised its price target to 475, up …
Read More »European stocks fall, Dow futures fall 300 points, traders react to Fed’s decision
Women wearing face masks exit a shopping mall where a sign is placed at an entrance reminding people of the need for masks at Westfield Santa Anita Shopping Mall on June 12, 2020 in Arcadia, California. Shares of Unibile-Rodamco-Westfield fell on Thursday. Frederick J. Brown / Agency France-Press / Getty …
Read More »Amazon to open 1,500 small warehouses in US suburbs: report
The report states that while Amazon is padding its real estate portfolio, it is not interested in abandoned department store space. AFP by Getty Images The report states that Amazon.com Inc. Targets U.S. About 1,500,000 small warehouses are to be opened in the city – many of them in suburban …
Read More »