U.S. stocks hit one-month highs on Thursday on hopes of a de-escalation in trade tensions after Washington and Beijing agreed to hold high-level talks next month, while strong U.S. economic data allayed some concerns of a slowdown.
Paxos Trust Company will launch the first regulated, gold-backed digital token and later this month will debut a stablecoin pegged to the U.S. dollar, after getting approval from New York regulators on Thursday.
Exxon Mobil has agreed to sell its Norwegian oil and gas assets for up to $4 billion, marking the U.S. firm’s exit from production in the country after more than a century, three sources familiar with the matter said on Thursday.
Upon closing of pending acquisitions, the Company will operate a total of 14 dispensaries within Colorado- The acquisitions are part of MMT’s strategy aimed at creating an integrated operation, to include proven and profitable cultivation, […]
Many investors spend years studying modern financial theory and Nobel Prize-winning investment strategies in an attempt to become more successful.
Today, Nicholas Vardy explains why the true secret to wealth is more psychological.
When I started my career in investing, I thought the key to becoming a great investor was to study modern financial theory.
After all, this was how academics like Harry Markowitz of the University of Chicago and William Sharpe of Stanford had won Nobel Prizes in economics.
Later, I decided to study the beliefs, habits and strategies of the world’s greatest investors.
I spent thousands of dollars with one of the world’s …read more […]
Macy’s Inc said on Thursday it aimed to save $400 million to $550 million annually in the next two to four years, as the department store chain cuts back on discounts, sending its shares up 5% in mid-day trading.
Exxon Mobil has agreed to sell its Norwegian oil and gas assets for up to $4 billion, in a move that marks the U.S. firm’s exit from production in the country where it has operated for more than a century, three sources familiar with the matter said on Thursday.
Stocks hit one-month highs worldwide on Thursday as improved risk appetite led investors away from safe-haven assets such as bonds and gold on renewed hope for progress in U.S.-China trade negotiations and upbeat U.S. economic data.
Macy’s Inc said on Thursday it aimed to save $400 million to $550 million annually in the next two to four years, as the department store chain cuts back on discounts, while focusing more on targeted promotions for customers.
WeWork owner The We Company is considering slashing the valuation it will seek in an initial public offering (IPO) at a little over $20 billion, less than half the $47 billion valuation it achieved in a private fundraising round in January, people familiar with the matter said on Thursday.
The House of Representatives’ antitrust panel will hold a hearing next week to discuss the effect of consumer data collection by big tech platforms, like Alphabet’s Google and Amazon , on online competition.
U.S. services sector activity accelerated in August and private employers boosted hiring, suggesting the economy continued to grow at a moderate pace despite trade tensions which have stoked financial market fears of a recession.
Facebook Inc is launching its dating services in the United States, the social network said on Thursday, sending its shares up 2%.
Shares of Slack Technologies Inc tumbled 14%, wiping out nearly all their gains since the company’s listing in July, after the workplace messaging firm warned of slower revenue growth amid intensifying competition.
General Motors Co will use embedded Google technology to power navigation, voice activated controls and other vehicle infotainment functions starting in 2021, in a win for Alphabet Inc in the race with Amazon.com and other technology companies to control dashboards.
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