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Russia's central bank spent around $6 billion in the past ten days to defend the country's currency ruble, the Central Bank of Russia Governor Elvira Nabiullina said Monday...
Currency
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Sergey Golubev, 13 October 2014, 16:42
Ferrari will unveil a new supercar this weekend, in its most anticipated launch since the company debuted the $1.4 million LaFerrari last year...
Market News
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Ronnie Mansolillo, 13 October 2014, 12:31
Sounding a more dovish note on monetary policy than he has in recent months, the governor of the Bank of England said in a rare interview with CNBC on Saturday that global weakness, lower inflation and troubles in European economies would influence policy at the bank's meeting next month...
Currency
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Ronnie Mansolillo, 13 October 2014, 12:10
Texas has moved to respond to complaints of air pollution due to fracking activities in South Texas, with the Texas Commission on Environmental Quality (TCEQ) installing an air monitoring station inside the Eagle Ford Shale...
Crude Oil
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Lonny Strike, 13 October 2014, 06:11
By: Mike Paterson The Telegraph reports that a financial crash to rival the one caused by Lehman Brothers' collapse will be played out next week, in a “war game” designed to help end the “too big to fail” problem...
Currency
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Ronnie Mansolillo, 12 October 2014, 16:58
WASHINGTON (MarketWatch)—A stronger U.S. dollar is an obstacle to the Federal Reserve’s ability to meet its inflation mandate and will impede growth, Charles Evans, the president of the Chicago Fed, said on Saturday...
Currency
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Ronnie Mansolillo, 12 October 2014, 16:00
It wasn’t supposed to be this way. Tighter carbon-emission standards around the world and higher fuel-economy rules in the U.S. were to mean the end of muscle cars, or at least affordable ones. But, pleasant surprise, cars have actually gotten stronger, quicker, faster...
Market News
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Ronnie Mansolillo, 12 October 2014, 15:48
Samsung Electronics could be the world’s cheapest mega-cap stock. Just don’t expect it to stay that way...
Market News
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Ronnie Mansolillo, 12 October 2014, 15:38
If you have been paying close attention to the stock market, market internals/breadth, and bonds for the past three months, you’ve likely come to the same conclusion...
Market News
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Patti, 12 October 2014, 15:11 #stock market
Futures for crude oil drifted lower, pushing Brent crude further into the bear territory a day after the highlight of global economic growth concerns by the Federal Reserve. November delivery light sweet crude futures on the New York Mercantile Exchange dropped 0.4% or 37 cents to $86...
Crude Oil
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Sergey Golubev, 11 October 2014, 21:11 #Nasdaq
Donald Trump catapulted himself into the spotlight with his gilded real estate ventures and vibrant personality. The latter is what has made his show, "The Apprentice," such a huge success. And over the years, he's had an opinion or two about the business world...
Market News
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[Deleted], 11 October 2014, 03:11
A Vancouver man who won $4 million in the lottery put his faith in an investment adviser - he claims the move resulted in him losing more than half of those winnings...
Market News
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Peter Gervas, 10 October 2014, 21:11
Ebola virus is in West Africa and now in Spain and in the U.S. With more than 3,500 deaths and about 8,000 reported cases, it is one of the most severe disease outbreaks in recent years. All the focus has rightly been on the medical implications of the disease and the tragic human consequences...
Market News
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EmmeMe, 10 October 2014, 18:11
NEW YORK (MarketWatch) — Get ready for more rough sailing! Just in case this week’s string of 200-point-plus swings in the Dow (three in a row and counting, now), whipsawing currencies, and collapsing oil prices didn’t already make it clear, volatility is back...
Market News
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Ronnie Mansolillo, 10 October 2014, 15:09
European stocks dropped for a fourth day on concern the region is slowing, hurting global growth. Asian shares fell with metals and Brent crude slumped to the lowest since 2010. The Stoxx Europe 600 Index lost 0.8 percent by 8:26 a.m. in London. The MSCI Asia Pacific Index sank 1...
Market News
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Ronnie Mansolillo, 10 October 2014, 10:08
The Bank of Japan won’t reach its 2 percent inflation target next year and needs to manage expectations, according to the International Monetary Fund. “The BOJ hasn’t lowered the flag on that yet,” Naoyuki Shinohara, a deputy managing director at the IMF, said in an interview in Washington...
Currency
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Ronnie Mansolillo, 10 October 2014, 09:08
The Sector's correction has been particularly pronounced in the small-cap E&P sector where many popular stocks have seen peak-to-current declines in excess of 30%-40% in three-four months' time...
Market News
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[Deleted], 10 October 2014, 03:11 #S&P 500
Sony Corp. (6758) is turning to the booming PlayStation business to help its struggling smartphone division, unveiling a new mobile handset with Verizon Communications Inc.’s network that streams video games. The new Xperia Z3v phone will go on sale in the U.S. on Oct...
Market News
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Ronnie Mansolillo, 10 October 2014, 00:07
Gold prices capped the longest rally since June amid easing concern that the Federal Reserve is close to raising interest rates, reviving demand for the metal as an inflation hedge. More than $1...
Metals
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Ronnie Mansolillo, 9 October 2014, 23:44
Starting with Stock Market Investment It is a common assumption by many people that only those who are rich, lucky or financial geniuses are able to invest in the stock market...
Market News
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EmmeMe, 9 October 2014, 18:11