Latest Market News
New York Attorney General Letitia James on Thursday said she is seeking several measures to stop former President Donald Trump and the Trump Organization’s from “continuing financial fraud” — including prohibiting the business from transferring assets to another entity without court approval. James in September filed a civil fraud lawsuit against Trump, some of his […]
While the Dow Jones Industrial Average DJIA, +2.76% has bounced into positive territory, market internals suggest the broader stock market is still falling. The number of declining stocks outnumbered advancers 1,800 to 1,136 on the New York Stock Exchange (NYSE) and 2,342 to 1,438 on the Nasdaq. And volume in declining stocks represented 51.2% of […]
Shares of Albertsons Cos. Inc. ACI, +12.13% were up more than 11% in Thursday morning trading after Bloomberg News reported that Kroger Co. KR, was in merger talks with the smaller grocer. Kroger shares were down more than 2%. The report cited anonymous sources and noted that while a deal could be hammered out as […]
The largest CBDC pilot in the world is going to expand on citizen payments and cross-border operations with Hong Kong. 2849 Total views 47 Total shares China’s central bank digital currency (CBDC) project has reached the mark of close to $14 billion, or 100.04 billion yuan, of made transactions during its pilot phase. It makes […]
Gannett Co. Inc. GCI, -3.93% informed staff on Wednesday that it’s temporarily suspending its 401(k) match from Oct. 24 and mandating five days of unpaid leave in December, as part of a latest round of cost cuts. In a memo circulated by Editor & Publisher, Chief Executive Mike Reed said the publisher is also offering […]
USDCHF, “US Dollar vs Swiss Franc” As we can see in the H4 chart, USDCHF is trading above the 200-day Moving Average to indicate a possible ascending tendency. The Relative Strength Index has rebounded from the ascending trendline. In this case, the pair is expected to break 6/8 (1.0009) and then continue growing towards the […]