Chinese stock sell-off hits Wall Street
Wall Street sank on Monday after the steepest decline in Chinese stocks in eight years raised concerns about growth and it's trading implications. Bobbi Rebell reports.
Wall Street sank on Monday after the steepest decline in Chinese stocks in eight years raised concerns about growth and it's trading implications. Bobbi Rebell reports.
Biden is borrowing a Trump tactic by proposing new tariffs on a few Chinese imports. But it's far from the Full Trump.
RIYADH, Saudi Arabia, April 18, 2024 (GLOBE NEWSWIRE) -- The Future Investment Initiative (FII) Institute is excited to announce the theme for its upcoming 8th edition of the FII conference, scheduled for October 29-31, 2024, at the prestigious King Abdulaziz International Conference Centre (KAICC) in Riyadh, Saudi Arabia. Under the captivating theme ‘Infinite Horizons: investing today, shaping tomorrow’, FII8 will ignite discussions on how investment can serve as a catalyst for a prosperous and
MATHESON, Ontario, April 17, 2024 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) today announced that it has called an annual general and special meeting (the "Meeting") of its shareholders to be held on June 5, 2024, in response to a shareholder requisition submitted by MWCGOF SPV III LP, an investment fund controlled by Muddy Waters Capital LLC ("Muddy Waters"). On March 27, 2024, Muddy Waters requisitioned an annual general meeting of shareholde
(All amounts in US$ unless otherwise indicated) VANCOUVER, British Columbia, April 17, 2024 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) announced that it intends to offer and sell, subject to market conditions, 55,000,000 of its common shares (the “Common Shares”) in an underwritten public offering (the “Offering”). All of the Common Shares to be sold in the Offering will be offered by Lithium Americas. The Offering is subject to market
Trump says the trial amounts to "election interference," but here's how the system is working to make sure he gets a fair shake.
The Denver Nuggets met coach Michael Malone's challenge not to let up after winning the franchise's first NBA title. Nikola Jokic somehow got even better with another historic season that made him the odds-on favorite to win the MVP award for the third time in four years, according to BetMGM Sportsbook. Aaron Gordon, Michael Porter Jr. and Kentavious Caldwell-Pope all stepped up their games this season and Jamal Murray had another terrific year despite missing 23 games with various ailments.
U.S. job growth was above expectations in March and wages also increased steadily, suggesting the economy ended the first quarter on solid ground and potentially delaying anticipated Federal Reserve interest rate cuts this year. Equifax expects second-quarter revenue between $1.41 billion and $1.43 billion, below analysts' average estimate of $1.44 billion, as per LSEG. In a bright spot, the forecast for the year indicates an expected 11% decline in 2024 U.S. mortgage credit inquiries, compared with an over 16% year-on-year decline expected by the company in the previous quarter.
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OKLAHOMA CITY, April 17, 2024--MidFirst Bank ("MidFirst" or the "Company"), the largest privately owned bank in the nation, has entered into a definitive agreement to acquire the Houston, Texas banking locations of Amerant Bank, the main subsidiary of Amerant Bancorp Inc. (NYSE: AMTB). Upon closing expected later this year, MidFirst will add six Amerant Bank locations to the Company’s footprint and will gain Amerant’s Houston client relationships totaling approximately $576 million in deposits a
A couple with a six-month-old say they've run out of baby food and nappies as flood chaos continues.
GOP’s impeachment was labelled a ‘sham’ by Democrats, who voted to kill it without trial
Dow Jones futures were little changed after hours, along with S&P 500 futures and Nasdaq futures. Nvidia chipmaker Taiwan Semiconductor reports early Thursday, with huge implications for the chip sector.
Toronto Raptors forward Jontay Porter isn't the first person to receive a lifetime ban from a professional sports league in North America. NBA Commissioner Adam Silver announced the ban Wednesday after a league probe found Porter disclosed confidential information to sports bettors and wagered on games.
Prime minister Sheikh Mohammed admitted negotiations had reached a ‘delicate phase’
Cadence Design Systems on Wednesday introduced the latest version of supercomputer based around a custom computing chip designed to speed up the creation of other computing chips and the software that will run on them. Cadence makes software that Nvidia, Apple and many other companies use to design chips with billions of transistors, the tiny on-off switches that make computers work. Companies like Nvidia, whose software offerings are as important to its overall business as its chips, do not want to wait that long to start writing code for the chips.
The three major US stock indexes (^GSPC, ^DJI, ^IXIC) closed lower on Wednesday. The Magnificent Seven led the drop, with powerhouse Nvidia (NVDA) losing over 3.5% at close. Those seven stocks have become a significant part of the S&P 500, meaning their losses and gains can have an outsized impact on the index. Traders are also contending with "bumpy" earnings and inflation data. Yahoo Finance Reporter Josh Schafter joins Market Domination Overtime to break down the trends in the market and the top market takeaways for April 17. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
Discover Financial Services on Wednesday reported a 68% drop in first-quarter profit, as the lender set aside more in rainy-day funds to cover for potential credit losses amid an uncertain economy. U.S. banks have increased their provisions for losses from bad loans as higher interest rates heighten the risk of default on mortgages and credit card debt by consumers. Discover's provision for credit losses jumped to $1.5 billion in the quarter ended March 31, from $1.1 billion in the year-ago period.
PHOENIX, April 17, 2024--Pinnacle West Capital Corporation’s board of directors today declared a quarterly dividend of $0.88 per share of common stock.
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Residents forced to walk the fire-stairs of a nine-storey Sydney apartment have been in a six-month battle to get the lifts fixed..