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U.S. Markets News

HSBC to cut 10,000 jobs to reduce expenses

HSBC (NYSE: HSBC) is undertaking cost-cutting initiatives that could result in the reduction of up to 10,000 jobs. According to…

Companies that announced major restructurings in 2019

A slew of companies have announced major corporate restructurings to streamline operations and cut costs. Restructurings are often accompanied by…

Monster Beverage could get hurt by Coca-Cola’s energy drink

Shares of Monster Beverage Corp. (NASDAQ: MNST) stayed in negative territory during midday trade on Wednesday after Guggenheim downgraded the…

A long-term relationship with airline stocks may not end well. Here’s why

When it comes to investing, long-term relationships have many benefits. Higher holding periods tend to make stocks more balanced, with…

US travel industry needs some stimulus to drive growth

A week ago we witnessed the gargantuan fall of British travel behemoth Thomas Cook. While the collapse may partly be…

Retail sales manage to climb in August

Retail and food services sales saw an increase in August while the July number was revised. According to the report…

How to safeguard your portfolio in a recession-driven bear market

Warnings of a global recession are louder today than ever since the 2008 financial crisis. While these indications aren’t clear-cut…

Recession panic: Why investors need to stay cautious heading into 2020

For some time, market observers have been crying caution of an upcoming global recession, primarily due to a much prolonged…

Elliott Management takes stake in AT&T and calls for changes

Hedge fund Elliott Management sent a letter to the board of directors at AT&T Inc. (NYSE: T) urging the company…

9 IPO stocks that have given 100+% returns

It was quite an interesting year so far for the IPO market with over 100 companies making their public debut.…