Lower gasoline prices helped the consumer price index edge downward, to 3.1% in November.
Schlagwort-Archiv: Markets
BlackRock and China-led AIIB among backers of $800 million Asia-focused infrastructure fund
Investor interest in the last few years largely stems from a desire for stable returns at a time of high inflation and heightened volatility in public markets.
Warren Buffett’s Berkshire Hathaway continues to sell HP shares, reducing stake to 5.2%
Berkshire still owns 51.5 million shares of HP. The position is worth about $1.6 billion based on Monday’s close of $30.37.
Hargreaves Lansdown, AJ Bell shares sink as UK regulator warns on charges
Hargreaves Lansdown and AJ Bell saw their shares plunge after a U.K. regulator warned that it may intervene on fees and interest charges.
Michael Milken says the Fed won’t move too early and risk massive inflation like the 1970s
The famed investor expects the central bank will be sure to tamp out inflation before starting to lower rates so as to avoid a repeat of the 1970s.
India overtakes Hong Kong to become the world’s seventh largest stock market
India has been a standout market this year in the Asia-Pacific region, while Hong Kong is the worst performer among the region’s major equity markets.
Warren Buffett’s Berkshire Hathaway continues to sell HP shares, reducing stake to 5.2%
Berkshire still owns 51.5 million shares of HP. The position is worth about $1.6 billion based on Monday’s close of $30.37.
Regulators caught Wells Fargo, other banks in probe over mortgage pricing discrimination
Wells Fargo, until recently the biggest player in U.S. mortgages, has repeatedly felt regulators‘ wrath over missteps involving home loans.
Oracle shares slide as revenue misses estimates
Demand for Oracle cloud services is growing fast, but analysts had expected more overall revenue in the most recent quarter.
Top Wall Street analysts are confident about these 3 promising stocks
TipRanks‘ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Salesforce and Microsoft.