Investors have continued to backpedal on the stock market, especially in the banking sector, on the back of the proposed recapitalization of the banks announced late last month by the Central Bank of Nigeria, CBN.
U.S. stock indexes ended nearly flat on Tuesday, pressured by financial-sector stocks as investors awaited a key inflation reading and braced for major banks to kick off earnings-reporting season later this week. The S&P 500 was up 7.52 points, or 0.1%, to end at 5,209.91. The Dow Jones Industr
Tesla Inc. shares are down 3.9% in Thursday morning trading after a Deutsche Bank analyst downgraded them to hold from buy, and they're on track to log their fifth session in a row of losses. That would make for Tesla's longest losing streak since the stock fell for six trading days in a row during
Worries over the fallout from Iran's attack on Israel eased, allowing focus to return to earnings season and inflation risks to rate-cut hopes.
Larry Swedroe, who's considered one of the market's most esteemed researchers, thinks Warren Buffett's investment style doesn't work well anymore.
HONG KONG (AP) — Asia stocks were mostly higher on Tuesday, with investors mainly focusing on a U.S. inflation report and what it means for interest rate cuts by the Federal Reserve. Oil prices advanced while U.S. futures were mixed. The yen weakened, coming close to a 34-year low. Japan’s benchmark Nikkei 225 gained 0.8% []
We’ve become prisoners of short-rate forecasts. Yeah, the ones controlled by the Federal Reserve. But those fearless investors who have broken out of this self-imposed mental jail are enjoying bountiful
IT’S the London Marathon on Sunday, providing inspiration to put on your trainers and pound the pavement. Whether you are a beginner or already putting in the miles, there are loads of cheap ways t
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From watching the light pass through tree leaves to peering into a modified cereal box. Here's how to view the 2024 solar eclipse without glasses.
The tyranny of the Fed news cycle and its cascade to our viewers stops right here at the CNBC Investing Club.
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares mostly rose Monday as investors looked ahead to earnings reports from top global companies and a consumer prices report that will be a gauge for U.S. inflation. Japan’s benchmark Nikkei 225 jumped 1.3% in morning trading to 39,505.33. Sydney’s S&P/ASX 200 gained 0.3% to