U.S. stock market gains evaporate on another wild trading day
Hopes for a recovery following a massive selloff in the US stock market were dashed Tuesday. All three major indexes were trading higher during early session after China announced cuts in interest rates. But as trading drew to a close, stocks tumbled, giving up gains.
Aug 27, 2015 2:25 AM EDT
Facebook Moments version 2.0 app creates videos from your photos and syncs it to your friends
Facebook Moments has a new update; version 2.0 featuring a music video of your photos synced to your Facebook friends. The new version of Moments is downloadable on the App Store and Google Play in 34 languages.
Despite slowdown, US services sector beats forecast
The drop in new businesses in the US services sector in early August caused slowdown in growth as PMI indicates in its latest analysis.
China infuses GBP 14B emergency funds into banking system to bridge gap of cash supply position
Chinese government in its latest move has infused GBP14 billion emergency funds into the domestic financial system to address the liquidity crunch. The slowdown in economy growth and continuous fall in stock markets have weakened the financial system in the world's second largest economy.
Latest News
Former JPMorgan analyst Aggarwal charged for insider trading
A former analyst at JPMorgan and his two associates used the prior information regarding two acquisition plans in the technology sector and booked more than $600,000 illicit profit in the insider trading, Three were charged under several sections and produced before FBI, which is investigating the case.
Aug 27, 2015 2:20 AM EDT
Achieve your goals one day at a time - the secret to financial freedom
To reach your financial goals much sooner, a study suggests that it would be best to set your timeline by days, instead of by year.
Aug 27, 2015 2:15 AM EDT
Panic selling causes log in issues in investing websites
Due to the stock market mayhem Monday, trading websites encountered issues of latency, resulting to its customers not being able to log in to their accounts.
Aug 26, 2015 10:29 PM EDT
Fundraising for nonprofits now made easier with Facebook's 'Donate Now' button
Facebook launched Monday its “Donate Now” button, which makes it easier for nonprofit organisations to raise funds for their cause.
Aug 26, 2015 10:22 PM EDT
Lloyds and Royal Bank of Scotland takes beating during plunge in stock market; Government seeks privatization
Lloyds and the Royal Bank of Scotland lost almost £3 billion from their value amid the onslaught of the stock market tumult continues to wreak havoc on some of Britain’s banks.
Aug 26, 2015 10:14 PM EDT
Comcast's super-fast cable internet will surpass Google Fiber
Comcast has plans to offer consumers the new technology that will surpass Google Fiber with its 1 gigabit per second only service. Within 2 - 3 years, Comcast customers will be able to experience the new technology the company is going to serve them.
Aug 26, 2015 10:07 AM EDT
Asian growth plans at risk due to China meltdown
The latest devaluation of Chinese currency Yuan has triggered severe volatility in the foreign exchange (forex) markets. This has led many Asian nations into a dilema and forcing them to not take any major decision on growth plans.
Aug 26, 2015 10:05 AM EDT
Home Care Workers Extra Compensation, But From Whose Pocket?
Health workers devote much of their time and almost half of their lives caring for people who they do not know and are not even blood-related. Because of their patience, hardships, concern, and devotion, frail and disable people young and old were able to maintain a quality life. So it is deserving for them to get a raise as ruled by the court on Friday.
Aug 26, 2015 10:02 AM EDT
Hawaii leads most expensive states in US; New York slips to 3rd position
In a latest survey on living standards in the US, Hawaii emerged most expensive state in America, while New York slipped to third position. the variation in energy bills, other amenities and prices of basic things were considered in the study.
Aug 26, 2015 10:01 AM EDT
Analytics platform ChartMogul raises $900k; to release new APIs
Berlin-based analytics platform ChartMogul has completed a fresh seed round of $900k taking the total raised amount to $1.5million. The will use the funds for product development and enhancement.
Aug 26, 2015 9:57 AM EDT
Liquidity vacuum: GE suffers most since 1987 Black Monday
Global manufacturing giant GE's stock plummeted on Monday and Tuesday on Wall Street in the absence of any major news affecting the company's performance. The plunge of over 20% eroded the stock value by $53billion. Chinese factor after the central bank slashed interest rate, again created fresh bout of fears that dampened that market sentiment and reversing the rebound on Tuesday.
Aug 26, 2015 9:56 AM EDT
Yes, What happens in China matters in your retirement plans
China's currency devalution, slowdown in growth, global exposure would make that what happens in the world's second largest economy will matter a lot in one's retirement plans as well. China's impact on global funds is significant and many emerging economies would also forced to devalue their currencies. This will affect one's retirement plans also.
Aug 26, 2015 9:56 AM EDT
Most Popular
Newsletters
Stay ahead in finance. Subscribe for expert insights, market updates, and investment strategies. Join our newsletter to secure your financial future.
Latest News
