market news

Cooa Chaos: Chocolate Prices Skyrocket as Supply Crunch Bites

Just when you thought it was safe to indulge in your chocolate cravings without breaking the bank, cocoa prices have decided to take us all on a wild ride. In a move that could rival the most dramatic reality TV plot twists, cocoa futures for May delivery hit an eye-watering high of $10,080 per metric ton this Tuesday.

5 Stocks That Could Triple in 2024: A Peek into the Crystal Ball

I'm no fortune teller, but I've got a knack for spotting potential winners ...

Massive Layoffs at Microsoft: 1,900 Employees Axed Post $69B Activision Blizzard Deal

Microsoft Gaming CEO Phil Spencer told employees Thursday that the gaming workforce would be reduced by 1,900, or approximately 8% of its gaming division.

Tesla Nearly Exceeds 114-Year-Old Ford's Market Value

Electric automaker is set to release its mass market car this year.

US Congress Delayed Work on Puerto Rico Debt Relief Bill, Blaming Obama Administration

The U.S. Congress has delayed work on Puerto Rico debt bill. Originally, the bill was scheduled to be the subject of hearing on Wednesday before receiving final amendments on Thursday. After that, it will be sent for debate on the House.

Israel Antitrust Authority Opposed Acquisition of Golan Telecom

Cellcom Israel Ltd on Tuesday announced that regulators opposed its merger plan with Golan. However, Antitrust Authority will invite the companies representative to discuss the deal before making final decision.

Energy stocks propels Wall Street profits following oil price rally

Wall Street ended higher on Tuesday trading session as energy stocks rallied helped by increasing crude prices. The US crude prices reached its new height in 2016.

Honda's sales rise in Indian markets, but Hero still ranks No 1

Honda, the Japan-based automaker, widened its sales portfolio to a robust 4,500 touch points from nearly 800 outlets. Honda's market share increased to 26% from 15% at the end of March 2011.

Planning For Output Cap in Oil Production Amid Rising Oil Prices Surprises Analysts

Crude oil prices have been witnessed to drop a little after hitting the four-month high, but still manage a few profits for the Asian oil producers. Amid such market situations, oil producers including Russia and Saudi Arabia have reached a consensus for putting cap on oil production. The output cut decision has surprised the analysts since increased market price naturally boosts up production.

Russia's oil giant Rosneft promises to make investments amid weak oil prices

Rosneft, the Russia-based oil firm, has promised to make investments of roughly EUR 13 billion annually through 2018, which is an increase of 30% for the year 2016.

Bitcoin underrated by more than $200 according to Investment Bank Needham & Co

The report released by Needham & Company, an investment bank and asset management company, showed that bitcoin has been undervalued by more than $200, nearly 58% based on the current price.

Asia-based apps boost online shopping sector

Online shopping is made easy with the advent of smartphones, creating a new era for online sellers. Online marketing sector has gained from many e-commerce apps over the recent period.

Oil prices retreat as Iran refuses to freeze output

Oil prices might have propelled above $40 a barrel level in the past week as Iran was expected to join other producers to freeze its oil output. However, Iran wants to help its ailing economy, regardless of the oversupply.

Alli Webb's Drybar opens new salon marking the growth of female founders in beauty sector

Drybar is set to open its 57th salon in the ritzy Tysons Corner mall of Virginia. Alli Webb, the founder of Drybar, aims to open 70 Drybar salons across the country and one in the region of Vancouver BC within the end of 2016.

Volkswagen Introduced Its New Luxury Sedan, Only for China Market

Volkswagen unveiled Phideon as its new luxury car today, ahead of Geneva International Motor Show. The successor of Phaeton will only be sold in China.

1 2 3 4

Latest Stories

Can Chase Sapphire Preferred Oust the AmEx Gold Card?

Popular midtier travel cards are the Chase Sapphire Preferred Card and the American Express Gold Card.

End of the Tax Break? Wealthy Individuals Face Surge in IRS Audits

The IRS claims that in an effort to bring in more money for the United States and to crack down on tax evasion, it is going to step up audits into the US Treasury's funds.

Bitcoin vs. Altcoins? Hoskinson Fires Back at Saylor's Security Accusation

Hoskinson reacted to Saylor's remarks with a hint of irony, citing Bitcoiners who charge him with regularly criticizing Bitcoin and asserting that "altcoiners are so toxic."

Virtual Credit Cards: Your Secret Weapon to Sticking to a Budget

A distinct digital card number connected to your credit card account is known as a virtual credit card.

American Dream Deferred: Wealth Gap Deepens Among Millennials

A recent study found that there is a fresh wave of class conflict and animosity due to the widest wealth difference of any generation between affluent millennials and the rest of their age group.

Must Read

Could You Qualify for SNAP Benefits?

The United States Department of Agriculture (USDA) oversees the food stamp program, also known as supplemental nutritional assistance, which is a vital tool for helping low-income families and individuals buy nutritious food.

Forget Stocks, Crypto Now Directly Impacts Housing Prices

According to a new study, as cryptocurrencies grow in importance inside American investment portfolios, their impact is seen not just in virtual transactions but also in real estate and consumer purchasing.

Bond Yields Drop as Job Growth Slows

After the April jobs data revealed weaker-than-expected payroll growth and an unexpected tick higher in the unemployment rate, U.S. Treasury rates fell on Friday.

Will Apple Keep Buffett Smiling? Doubts Emerge Over Company's Dominance

Even as late as 2020, four years after his investment colossus began to build a sizable stake in the business that produces iPhones, Warren Buffett of Berkshire Hathaway was still using a flip phone.

Is China's Central Bank Gold-Buying Spree a Precursor for War? Part II of II

The idea of a nation acquiring large gold reserves in preparation for military endeavors is not without historical precedent. Prior to World War I, European powers increased their gold reserves, and a century later, Russia's central bank doubled its gold holdings in the years before its invasion of Ukraine. This same strategic stockpiling of gold could be inferred from China and its pre-war positioning for a Taiwan incursion.

Stay Connected with Money Times

` `