TALLAHASSEE, Fla. (WTXL) — The tropical wave in the central Atlantic has now been designated as Invest 98L. There is currently a 10% chance of development over the next 48 hours and 40% chance of development over the next 7 days. Development has not yet occurred, but is expected to do so once the system enters the Caribbean.
» Read more about: TROPICS CHECK: Invest 98L in the Atlantic »
Tokyo | Hotels in Beijing are packed and the city’s traffic has thickened.
Thousands of China’s top political cadres have arrived in the capital to map out the country’s five-year plan, as it faces major challenges of slowing economic growth and escalating trade frictions with US President Donald Trump’s administration.
» Read more about: Xi’s top cadres hunker down as Trump trade war festers »
While rate fluctuations are beyond one person’s control, the strategy for managing them is not.
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» Read more about: KNOWLEDGE CENTER: What do Fed interest rate cuts mean for savings and CDs? »
The AI trade isn’t topping out — it’s just warming up. That’s the message from Wedbush Securities analyst Dan Ives, who argues the recent pullback in Big Tech is a buying opportunity, not the start of a dot-com-style bust. In his view,
» Read more about: Tech Stocks Are In A '1996 Moment,' Not A 1999-Style Bubble, Dan Ives Says »
Black Monday was the day, Oct. 19, 1987, when the Dow Jones Industrial Average (DJIA) lost 22.6% of its value in a single trading session. The S&P 500 declined 30% on the same day. Black Monday triggered a global stock market decline.
» Read more about: Black Monday: Stock Market Crash Causes and Impact »
If the ongoing federal government shutdown in the United States extends into November, around 42 million low-income Americans could face severe disruptions to their food stamps benefits, the US Department of Agriculture (USDA) has warned. The department informed state agencies that it will have “insufficient funds” to issue full benefits under the Supplemented Nutrition Assistance Program (SNAP) next month,
A new banking crisis or a flash in the pan?
That’s the question traders were asking themselves on Thursday as a pair of regional banks sent stocks plunging after giving updates on their lending businesses.
It proved to be the latter, for now, as stocks erased some losses to rise into positive territory on Friday.
Barely a day goes by without another financial expert or major institution warning of a stock market downturn on the horizon.
Bank of England Governor Andrew Bailey warned this month that the risk was growing of a ‘sharp correction’ to stock markets, the International
Monetary Fund said odds were rising of a ‘disorderly’ global correction,
XRP may be quietly preparing for a significant breakout as Q4 unfolds. Analysts note that recent price action and chart patterns are reminiscent of the 2017 accumulation phase, which preceded one of the cryptocurrency’s most explosive rallies. Technical indicators and Bitcoin dominance data suggest that the altcoin could be poised for a powerful upward run if conditions align.
» Read more about: XRP Q4 Setup Mirrors 2017 Rally — Analysts Eye Bullish Breakout »
Tesla, a company that prides itself on not advertising, is in the midst of a serious marketing effort. In doing so it’s exploiting employees, attacking shareholders, and retaining outside strategy firms to help it advertise.
It’s running these ads not to boost its falling sales, but rather to advocate for another unprecedented award for its CEO,