Tag Archives: news

Gold climbs as dollar lends support ahead of Fed meeting

Gold rose on Monday as a retreat in the U.S. dollar helped to tempt back some buyers after the previous session’s 1.3 percent slide, but moves were muted ahead of a Federal Reserve policy meeting this week. The Fed is

LeEco CEO Jia Yueting says Apple is outdated

Apple is “outdated” and losing momentum in China, billionaire entrepreneur Jia Yueting told CNBC in his first international television interview. Jia is chief executive and chairman of Chinese conglomerate LeEco (formerly LeTV), which is best known for being the “Netflix

Breastfeeding Could Save 820,000 Lives

Breastfeeding Could Save 820,000 Lives And Add $302 Billion Into The Global Economy The leading medical journal The Lancet just released a new Series on Breastfeeding with remarkable new evidence on the health and economic benefits of breastfeeding. The Lancet

Europe ends higher on oil recovery; miners rally

European markets posted strong gains on Tuesday, on the back of a sharp rebound in oil prices and a rally in mining stocks. The pan-European STOXX 600 finished around 0.9 percent higher, with almost all sectors closing in positive territory.

Fed funds futures pricing no rate hikes in 2016: CME data

This could end up being a pretty boring year for the Fed. Amid the continued flow of mediocre economic data, traders have taken a 2016 interest rate hike off the table, anticipating that the earliest the U.S. central bank might

IMF’s Lagarde says markets need clarity on China currency

Financial markets need more clarity on how Chinese authorities are managing their currency, particularly the relationship of the yuan to the U.S. dollar, IMF Managing Director Christine Lagarde said on Saturday. Sharp swings in the yuan have contributed, along with

Stock markets in Europe and the US bounce back after sell-off

Europe’s stock markets bounced back on Thursday, a day after billions were wiped off the value of shares amid global market turmoil. In London, Paris and Frankfurt, markets closed almost 2% higher, while Wall Street finished up as oil prices

What took markets higher Friday?

“Fast Money” trader Steve Grasso, discusses the move higher in the market Friday.