U.S. Markets News
As lira hits rock bottom, Turkey looks to boycott US electronics
With the dispute with Washington pushing the Turkish lira to its lowest ever, President Tayyip Erdogan announced that the Middle-Eastern…
Bayer loses $14 billion following Monsanto verdict
German pharmaceutical giant Bayer AG saw its stock tank 12% on Monday after its newly acquired US-based business unit Monsanto…
Trade war: Fresh Chinese tariffs dim hopes for near-term resolution
The trade standoff between Washington and Beijing seems to be escalating into an intense economic warfare. The immediate effect of…
Bonding with the dragon in times of trade war
As the trade standoff between the world’s largest economies keeps intensifying with every passing day, there are growing concerns about…
Job growth slows in July; Unemployment rate near historic low
A day after the Federal Reserve sounded caution on the rising inflationary pressure, there is some encouraging news from the…
Oil price: Uncertainties rife in the long-term
Oil prices saw an initial drop before steadying on Friday while long-term factors point to further pressures in the market.…
Tyson Foods shares plunge after profit outlook cut, blames Trump’s Tariffs
Tyson Foods (TSN) cut its annual profit forecast, blaming the uncertainty surrounding the brewing trade war as well as volatility…
Will last week’s slide sink its ‘FAANGs’ into the tech stocks?
Last week was not a good time for the technology sector. Facebook (FB) and Twitter (TWTR) saw massive stock declines…
Fallen Angels: A look at Facebook and Twitter stock declines
Social media platforms Facebook (FB) and Twitter (TWTR) would make a good pair now. Both reported their earnings this week,…
Economy gathers steam; Q2 GDP growth is quickest since 2014
The US economy expanded at the fastest pace in about four years, in line with expectations, as households and enterprises…