Stories Tagged as
Markets
What is the bond market trying to tell us about the economy?
Jun 30, 2017
Many investors focus on the stock market. But the bond market’s been doing some interesting things lately, things that are getting investors’ and economists’ attention. Since the beginning of this year, there’s been a decided flattening of the yield curve on Treasuries — the difference between the interest rates on short-term bonds and those that […]
Attacks on currency have real economic consequences
Jun 29, 2017
The recession of 2008 was prolonged and worsened by China's currency manipulation.
Blue Apron’s price cut shows investors are wary of high-growth with no profit
by
Ryan Kailath
Jun 28, 2017
The window is closing on Blue Apron’s IPO. The do-it-yourself meal-kit delivery service is going public tomorrow. Today they cut the initial price target for their shares by about a third. That puts the company’s valuation below the estimated $2.2 billion valuation in their last round of private venture capital funding. There are no inside […]
U.S. territories face economic problems similar to Puerto Rico’s
Jun 28, 2017
Congress has sent auditors to several U.S. territories in the Caribbean and Pacific Ocean, including the U.S. Virgin Islands, Guam and American Samoa. They want to avert the kind of financial mess Puerto Rico got into with $123 billion in bond debt and unfunded pensions. Click the audio player above to hear the full story.
Foreign earnings bolster Monsanto results
by
Jed Kim
Jun 28, 2017
Monsanto’s earning reports beat expectations today. The agricultural giant has enjoyed solid growth over the first half of the year, with operating earnings up more than 50 percent year on year. The company’s planned acquisition by German agricultural giant Bayer is also on investors’ minds. Click the audio player above to hear the full story.
Auto rental companies seeking a driverless lift from tech firms
by
Amy Scott
Jun 27, 2017
The rise of ride-sharing apps has been tough for old-school rental car agencies. Who wants to pay for a car and parking when a couple of rides might be cheaper? But this week some rental car companies are getting a boost from partnerships with tech firms. Google’s Waymo announced a deal with Avis Budget Group […]
Activist investors can drive change if they have the reputation and ideas to win over others
by
Amy Scott
Jun 26, 2017
Activist investor Daniel Loeb announced over the weekend that his hedge fund, Third Point, has taken a $3.5 billion stake in the Swiss food conglomerate Nestle, and he wants some changes at the company. That may sound like a lot of money, but the investment represents just over a 1 percent stake in the company. […]
For public good, not for profit.
Wall Street had a busy day reshuffling popular trading benchmarks
Jun 23, 2017
It was a busy day on Wall Street today, and there was good reason for that. It was the annual reshuffling of the popular trading benchmarks known as the FTSE Russell Indexes. Those indexes track the largest U.S. companies in the U.S. stock market, and they determine what’s in a bunch of securities mutual funds. […]
A year after Brexit vote, some want 'nuclear option'
Jun 23, 2017
Hardliners say Britain should quit Brexit talks and offer unilateral free trade.
Weekly Wrap: Amazon buys Whole Foods. Now what?
by
Molly Wood
Jun 16, 2017
It wasn't long ago Amazon was just a quaint online book store.