Designer Brands Inc (NYSE: DBI) is down nearly 25% this morning after the shoes and fashion accessories company reported a disappointing third quarter and lowered its guidance for the future.…
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The European Central Bank is painting a very pessimistic outlook for Bitcoin (BTC/USD), noting that the flagship cryptocurrency is now at its “last stand” and could be on its way…
S&P 500, on Thursday, is holding on to its gains from last night after the Bureau of Economic Analysis said the core personal consumption expenditures price index eased to 5.0%…
European Central Bank is in a critical phase in the inflation fight with possible rate hikes
The European Central Bank is set to embark on a critical chapter in its inflation fight, likely to usher in more divisive monetary policy moves. Interest rate hikes to be…
UK financial sector has given new targets to address diversity in executive positions
According to a task force supported by the government, the financial services industry in the UK should do more to reach the ‘class’ limit, with new goals calling for 50% of senior executives…
Lloyds (LON: LLOY) share price had a strong performance in November as stocks rebounded. The stock surged to a high of 47.38p, which was the highest level since September 22.…
I f**king hate Apple. I think it is terrible for society and wields far too much power. Having said that, it has been my biggest single-stock holding for years. And…
Is it safe to buy the Dow Jones index after rallying 20.4% over the past two months?
Financial markets reacted joyfully to Jerome Powell’s speech at the Brookings Institution yesterday. More details can be found here. But to say that it is only the Fed, or its…
Stocks rally, dollar tumbles, as Powell signaled to slow rate-hike pace in December
Once again, it was Jerome Powell, the Federal Reserve’s Chair, the one who moved financial markets. In a highly anticipated speech on Wednesday at the Brookings Institution, a think tank…
Shares of Salesforce Inc (NYSE: CRM) are trading down after the bell even though the cloud company reported better-than-expected results for its third financial quarter in the face of a…