Asian shares struggled to make headway on Friday as uncertainty over how much further the U.S. Federal Reserve would cut interest rates added to investors' worries over slowing global growth.
A 100-year flood is supposed to be just that: a flood that occurs once every 100 years, or a flood that has a one-percent chance of happening every year.
Udonis Haslem will return to the Miami Heat for a 17th season, the club announced Tuesday. According to the Associated Press' Tim Reynolds , Haslem and the Heat agreed to terms on a one-year, $2
Mass shootings, protests descending into violence, oil tankers seized, trade wars, warnings of economic slumps. These are just some of the headlines that
In 2010, a pair of researchers published a controversial economics paper. It was cited by UK politicians to justify austerity measures that sparked economic and employment crises, and anti-austerity protests — measures that the UN later called “punitive, mean-spirited, and often callous” inflicting “great misery.”
Six years ago, back in 2013, we presented what we then viewed (and still view) as the best trading strategy of the New Abnormal period, when we said that buying the most shorted names while shorting the names that have the highest hedge fund and institutional ownership is the surest way to generate alpha, to wit:
John Hicks and Ronny Rodriguez homered for Detroit's only hits off Justin Verlander, and the Tigers beat the Houston Astros 2-1
HOUSTON (AP) - Justin Verlander was splendid against the Detroit Tigers, pitching a two-hitter and fanning 11 in another dominant performance for the Astros. Houston's offense wasn't nearly as sharp on Wednesday night, and it led to an unusual, tough-luck 2-1 loss. "Just an incredible performance," manager A.J. Hinch said.
The yield on the 10-year Treasury note threatens to break below that of the 2-year while the 30-year bond rate neared an all-time low.
Stocks are sinking on Wall Street again as fearful investors dumped stocks and shoveled money into bonds. The Dow Jones Industrial Average fell more than 500 points.
Traders will take their cues from China's central bank and where it sets the midpoint for the yuan as U.S.-China tensions increase.