The Amazon Stock Split and Implications for the Dow
Tech giant Amazon (AMZN) announced a 20-for-1 split its stock last week. This caught the markets attention as the Pavlovian…
U.S. Consumers To Spend Record $1 Trillion Online In 2022 – Report
(Reuters) – U.S. consumer spending on e-commerce is expected to hit a record $1 trillion this year thanks to the…
Puerto Rico exits bankruptcy after grueling debt negotiation
SAN JUAN, Puerto Rico (AP) — Puerto Rico’s government formally exited bankruptcy Tuesday, completing the largest public debt restructuring in…
US producer prices climbed 10% in February from a year ago
Wholesale inflation in the United States shot up 10% last month from a year earlier — another sign that inflationary…
Wall Street-backed MEMX To Launch Options Exchange
By John McCrank NEW YORK (Reuters) – Members Exchange (MEMX), the fastest growing U.S. stock exchange, said on Tuesday it…
London Metal Exchange to resume nickel trade
LONDON (AP) — The London Metal Exchange plans to resume trading in nickel, a week after it was suspended when…
Futures Edge Higher Ahead Of Fed Meeting
(Reuters) – U.S. stock index futures edged higher on Tuesday ahead of the Federal Reserve’s two-day policy meeting, with investors…
Three Major U.S. Airlines Raise Revenue Forecasts On Recovery In Travel
(Reuters) -Three major U.S. airlines raised their forecasts for current-quarter revenue on Tuesday, highlighting a recovery in air travel as…
Japan Calls For ‘stable’ FX Moves As Weak Yen Weighs On Import-reliant Economy
By Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) -Japan will closely watch exchange-rate moves as market stability was “very important,”…
Euro Rises On Hopes Of Progress In Ukraine Peace Talks
By Stefano Rebaudo (Reuters) – The euro rose on Tuesday on hopes of progress in peace talks between Ukraine and…