Gold futures led lower Friday, pulling back to two straight days of gains, with prices ready to record their first weekly loss in 10 weeks on the back of recent strength in U.S. Treasury yields. The week began with gold trading in record highs, but will end with “several factors …
Read More »Stock index futures are heading for weaker-than-expected retail sales
Stock index futures traded on opposite sides of unchanged Friday after July retail sales showed a weaker rise than expected. Market participants this weekend were also eager for a round of virtual trade talks between the US and China against a backdrop of growing tensions between the two countries. What …
Read More »Companies are considering stock splits, according to Tesla and Apple announcements, says expert
After Tesla and Apple announced plans to share their shares within weeks of each other, there has been a growing buzz that more companies with triple and square digits stock prices will follow in their footsteps. “Everyone is talking about it,” Howard Silverblatt, senior index analyst at S&P Dow Jones …
Read More »What one currency expert says bears are looking at is the dollar
It’s a popular time to be a dollar, with the Federal Reserve executing the proverbial money pressures as fast as possible, and the dollar index DXY, -0.13% closer to 10% down from its March highs. Robin Brooks, chief economist at the Institute of International Finance and former chief global currency …
Read More »‘It’s an enormous decision’: Judge gives a profit to companies claiming insurance cover for lost income due to coronavirus
A group of Kansas and Missouri hair salon and restaurant owners could continue with a lawsuit seeking to pay their insurance company for the income they are missing out on COVID-19 governments for closing government, a judge ruled Wednesday. The companies adequately insisted – to say the least – that …
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