US job gain projections turn spotlight on rate hike
The positive projections for job growth in August are giving much scope for speculation on possible rate hike by US Federal Reserve. The next meeting of Fe is scheduled on 16-17 September. The drop in unemployment rate is also aiding the speculation on rate hike.
Sep 04, 2015 8:50 AM EDT
Strong fundamentals push Ashtead stock to lead Footsie-100
Ashtead was highest gainer among Footsie stocks on London Stock Exchange (LSE) as encouraging first quarter results buoyed the investors. The company has also assured the investors for strong revenue growth in the near future as well.
Trading apps make the way for influx of young investors
Shrugging off the market turmoil, many young investors are entering the stock market. As a result, new account openings are doubling. There were more buy orders from young investors rather than selling. Adding to this, new trading apps like Robinhood are attracting youngster in a good number into stock market trading.
Smart watch war: Huawei versus Apple Watch
Apple has been dominating most of the market share in the digital world. Now Huawei is making its grand entrance via its new Huawei Watch - Apple's new tough rival.
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Citigroup says it's time to rebuild its equities unit
Citi group is planning to rebuild its equities unit even during current economic crisis as they believe that the investment is more lucrative compared to fixed income investment.
Sep 03, 2015 11:30 PM EDT
August sell-off leaves William Ackman's hedge fund with flat gain in 2014 so far
The massive sell-off across global markets took a toll on hedge funds' performance including William Ackman. His Pershing Square LP suffered 7.7 percent loss in August taking the overall year growth to 0.06 percent. With a huge gain of 40 percent in 2014, Ackman was the one of the best performers in the hedge funds until August.
Sep 03, 2015 11:26 PM EDT
US economy is growing amidst looming global financial crisis
The current global economic slowdown did have an impact on US economy, but a report suggests that US economy is still growing.
Sep 03, 2015 11:25 PM EDT
50% drop in Viacom stock wipes out $16B
Viacom's stock price dropped by over 50% during the past one year. The ratings drop, fall in advertising revenues, forthcoming talks with Dish Network are the major factors that impacted the share price in negative way.
Sep 03, 2015 11:15 PM EDT
Wild swings in China stocks this week
China and Asian market drop again today on U.S drop last night and weak manufacturing data released by Chiese government.
Sep 03, 2015 11:14 PM EDT
Japan inflation falls to zero for third time
Shinzo's Abe government had failed again for the third year in an effort to increase inflation to help takes Japan out of the recession problem.
Sep 03, 2015 11:06 PM EDT
US home lending grows for 5 quarters in a row
Lenders are coming forward to offer loans in the construction sector on low down payment or without down payment also. the latest data shows that construction spending is on the rise. Home lending continued to grow for five quarters in a row.
Sep 03, 2015 10:39 PM EDT
Three crisp sentences that best summarize the current market condition
Jim Reid of Deutsche Bank summarizes the state of the markets in three sentences. Global markets these days have become more and more unpredictable with the US and Chinese stocks' consistent historical upswings and plunges in the past few months.
Sep 03, 2015 9:31 AM EDT
Starting salaries for US workers to surge in 2016 - studies
Robert Half and Towers Watson agree that 2016 could be a good year for employees who are hoping to get a salary increase. But both studies reveal different salary increase rates.
Sep 03, 2015 9:28 AM EDT
Spain’s reform efforts praised, but many Spanish disagree
Spain might be receiving lots of praises that the country's economy is doing great but to many Spanish that us disagreeable.
Sep 03, 2015 9:24 AM EDT
Samsung and Springer: New partners in mobile media
Samsung and Springer are in for a joint venture in the world of digital media to provide and keep customers up-to-date with the latest news and trends. Customers can take advantage of the app called Upday and is readable in Polish and German, and can be downloaded via Google store.
Sep 03, 2015 12:28 AM EDT
China shares recover early losses, other Asian markets up
Chinese shares regained early losses Wednesday amid reports Beijing had been buying shares to support the market. Other markets in Asia were up despite disappointing economic data.
Sep 03, 2015 12:26 AM EDT