Text size Joe Klamar / AFP via Getty Images Gold prices have rebounded to new highs, helped by renewed weakness in the dollar, and the metal may soon be on the verge of reaching $ 2,000 an ounce. Gold rose $ 35 to $ 1,937 an ounce in early trading …
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Text size A man speaks on a mobile phone in front of a Reliance Jio store, the mobile network of Reliance Industries Ltd., in Mumbai, India on Sunday, January 19, 2020. Dhiraj Singh / Bloomberg Times are tough in India, with Covid-19 still spreading and the economy slipping from giant …
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Text size It is the busiest week of the second quarter earnings season, with 171 S&P 500 companies slated to report. Things start slowly on Monday, before 3M, Advanced Micro Devices, eBay, McDonald’s, Pfizer, Starbucks and Visa reported on Tuesday. On Wednesday, Boeing, Facebook, General Electric, PayPal Holdings, Qualcomm and …
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Berkshire Hathaway now owns 981.6 million Bank of America shares worth around $ 24 billion. Houston Cofield / Bloomberg Text size Bank of America is Warren Buffett’s favorite bank. Berkshire Hathaway (ticker: BRK.B) collected 33.9 million shares last week, paying around $ 810 million, or an average price of around …
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The Federal Reserve has shown that it knows how to maintain the flow of credit during a crisis. But bond investors now also expect the Fed’s unprecedented stimulus in financial markets to change the course of the credit cycle – that is, preventing more companies from falling than expected just …
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