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Traders worry vaccine complacency is the new risk to the market
Is a vaccine the real risk to the market? Stocks are within 1% to 2% of their historic highs because of the belief that: 1) stimulus of some form is coming, 2) the election will […]
Turkey Expands Rate Corridor But Unexpectedly Holds Benchmark
Turkey raised the upper bound of its interest-rate corridor but unexpectedly left its benchmark on hold on Thursday, risking further volatility in the lira as the central bank sticks with its stealth tightening to contain […]
AMP Capital sees $2.1 billion outflows as scandal continues to bite
Save articles for later Add articles to your saved list and come back to them any time. Investors have pulled more than $2.1 billion in funds from AMP Capital in the past quarter as the […]
Markets focusing on US economic stimulus as dollar steadies against most major currencies
Fox Business Flash top headlines for October 21 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. TOKYO - The U.S. dollar steadied against most major currencies on Thursday as U.S. stimulus […]
The dollar remains vulnerable to 'significant depreciation,' warns Standard Chartered
The sovereign fundamentals for the dollar appear to be "pointing south," according to Standard Chartered Bank's Eric Robertsen. Election Day is less than two weeks away and Robertsen said the outcome would determine "the path […]
Bill Ackman: Wall Street and Main Street are 'different universes'
New York (CNN Business)Reverse mergers were long reserved to the backwaters of Wall Street. Today, they’ve become the hottest way to go public. Virgin Galactic (SPCE), DraftKings and Nikola have all gone public by merging […]
European markets head for higher open on U.S. stimulus optimism
London's FTSE is seen opening 3 points higher at 5,902, Germany's DAX up 27 points at 12,785, France's CAC 40 up 6 points at 4,944 and Italy's FTSE MIB 102 points higher at 19,514, according to […]
Tesla sees mixed picture in California ahead of Q3 earnings
Tesla stock will hit $578 per share: Analyst New Street Research managing partner Pierre Ferragu argues within the next 10 years, Tesla’s stock is likely to perform like Amazon’s stock. Tesla, the world's most valuable automaker, […]
What economic lessons will the world learn from Covid-19?
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. London (CNN Business)China’s economy expanded by 4.9% in the third quarter compared […]