US debt prices were lower on Monday morning as investors monitored the state of US stimulus talks and the recent decline in relations between Washington and Beijing. At around 2:50 AM ET, the yield on the benchmark 10-year Treasury note was higher at 0.5673% and the yield on the 30-year …
Read More »
Xpeng Motors latest electric car is called the P7. Xpeng Motors Chinese startup electric car Xpeng Motors has filed for an initial public offering (IPO) on the New York Stock Exchange, according to an official statement. While the company did not disclose how many Class A common shares it would …
Read More »
Trader Michael Urkonis works on the floor of the New York Stock Exchange, January 28, 2020. Bryan R Smith | Reuters US stock futures opened Sunday night flat after President Donald Trump signed several executive orders to extend coronavirus relief. Dow Jones Industrial Average dipped just 22 points, as 0.1%. …
Read More »
AP Photo / Nati Harnik Rocket Companies, which owns Quicken Loans, went public Thursday and voted founder and chairman Dan Gilbert’s fortune to about $ 34 billion. Gilbert is close friends with Warren Buffett and has worked with the Berkshire Hathaway investor and CEO several times over the years. For …
Read More »
An offshore drilling rig is located in shallow waters near the Manifa offshore oil field, operated by Saudi Aramco, in Manifa, Saudi Arabia. Simon Dawson | Bloomberg | Getty Images Oil giant Saudi Aramco has reported a 50% drop in net income for the first half of its fiscal year, …
Read More »