As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the terrestrial telecommunication services industry, including U.S. Cellular (NYSE:USM) and its peers.
Bitcoin's strong correlation with gold continues as economic uncertainty grows.
Trading volumes for XMR zoomed from an average of $50 million on a seven-day rolling basis to over $220 million in the past 24 hours
(Bloomberg) -- S&P Global Ratings warned Australia’s prized AAA sovereign credit rating may be at risk if election campaign pledges result in larger structural deficits, debt and interest costs, highlighting fiscal pressures facing the next government.Most Read from BloombergWhy Car YouTuber Matt Farah Is Fighting for Walkable CitiesNewsom Says California Is Now the World’s Fourth-Biggest EconomyAt Bryn Mawr, a Monumental Plaza Traces the Steps of Black HistoryLos Angeles Downgraded to AA- by S&
It's been a blessedly quiet start to the week, with President Trump more engrossed on his disappointment with Russia, than his trade war. In this case, silence is golden, as the White House's communication on trade has been a lot more noise than signal. Thus, Agriculture Secretary Rollins tells TV they are speaking with China every day, likely news to Beijing.
SINGAPORE (Reuters) -U.S. tariffs will have multiplier effects that will "generate a broader negative income and demand shock to the Singapore economy", the Monetary Authority of Singapore said in its macroeconomic review released on Monday. As well as the direct impact of a 10% baseline tariff on Singapore's exports to the U.S., its second-largest export market, there will also be indirect effects from the tariffs levied on other countries, the central bank said.
U.S. stocks drifted to a mixed finish on Monday, ahead of potential flashpoints this week that could bring more sharp swings for financial markets. The Dow Jones Industrial Average added 114 points, or 0.3%, and the Nasdaq composite slipped 0.1%. The relative lull in trading offered a respite from the sharp, historic swings that have rocked markets for weeks, as hopes rose and fell that President Donald Trump may back down on his trade war.
Apple shares will be in the spotlight ahead of the iPhone maker’s highly anticipated fiscal second-quarter results, due after Thursday’s closing bell. Monitor these key support and resistance levels on the weekly chart.
The week is also book ended with national elections in Canada and Australia, and U.S. President Donald Trump looms large in both. While Trump has claimed progress is being made on trade with China, and many other countries, actual evidence is lacking. Treasury Secretary Scott Bessent failed on Sunday to back Trump's assertion that tariff talks with China were under way.
HOUSTON (Reuters) -Crude oil prices fell more than $1 a barrel on Monday morning as demand fears arising from the trade war between the United States and China were pressing down demand at the pump. Brent crude futures were down $1.09, or 1.63%, at $65.78 a barrel, as of 1522 GMT. The U.S.-China trade war is dominating investor sentiment in moving oil prices, said analyst John Evans of brokerage PVM, superseding nuclear talks between the U.S. and Iran and discord within the OPEC+ coalition.
