Sunil Sahil
Despite reservations voiced by China, U.S. Treasury Secretary Janet Yellen told Reuters on Friday that her plan to enhance International Monetary Fund quota-based lending resources “equi-proportionally” was “pretty likely to get done.” On the fringes of the annual meetings of the World Bank and the IMF, Yellen was having an interview. “There’s a desire to … Read more
Friday’s trading was mixed, with the FTSE 100 and markets throughout Europe declining as the US’s major indexes lost ground. As public businesses released their third quarter results, the S&P 500 (^GSPC) was down 0.3%, the Dow (^DJI) was nearly flat, and the Nasdaq (^IXIC) was down 0.8% in morning trade. The financial behemoth JP … Read more
Ichor Holdings, Ltd. (NASDAQ:ICHR) is not the most well-known stock right now, but in the last few months, its share price fluctuated significantly on the NASDAQGS, hitting highs of US$38.72 and lows of US$29.42. Investors may have a better opportunity to enter the stock market and possibly purchase it at a reduced price during certain … Read more
Oil services company Panther claims on its website that there is never a dull moment in the oilfield. Naturally, the oil markets follow suit, as they rarely experience a day or even few hours without drama. One of those days was Friday. As the Middle East conflict entered a new, heightened phase, crude prices rose … Read more
In October 2023, American Hotel Income Properties REIT LP (TSX: HOT.UN, HOT.U, and HOT.DB.V) will make a cash distribution of $0.015 per limited partnership unit (a.k.a. “Unit”) in US dollars. This amount translates to $0.18 per Unit on an annualised basis. Unitholders of record at the close of business on October 31, 2023 will receive … Read more
According to Reuters, Ferrari’s marketing and commercial boss, the company has begun to take cryptocurrency payments for its high-end sports vehicles in the United States and will expand the programme to Europe at the behest of its affluent clientele. Because of the volatility of bitcoin and other tokens, which makes them unsuitable for use in … Read more
The US economy is enduring a number of obstacles, but president of JP Morgan Chase & Co. Daniel Pinto warns that a number of political and economic threats might cause things to worsen. Speaking at the Institute of International Finance meetings in Marrakech, Morocco, Pinto stated that while businesses and consumers are strong due to … Read more
U.S. stock markets closed lower on Thursday, October 13, as a result of data showing a higher-than-expected increase in September consumer prices and rising bond yields after a U.S. Treasury auction. The benchmark yield reversed the previous two days’ falls, rising to 4.728%. September’s U.S. inflation was 3.7%, just higher than the 3.6% forecast. For … Read more
Last quarter, the US electric vehicle revolution reached yet another significant milestone, although more widespread adoption may still be a long way off. This is happening as Tesla’s lead is getting closer. Automotive research company Kelley Blue Book (KBB) reports that US EV sales in the third quarter exceeded 313,000, up about 50% from the … Read more
Friday’s mixed results for the session and week ended with prominent US banks beginning the earnings season with positive profits and investors remaining cautious due to the growing tension in the Middle East. The only index that finished the day up was the Dow Jones Industrial Average (^DJI), which increased by 40 points, or 0.12%. … Read more
