finance

Pakistan Protests Gain Momentum, Putting Khan Under Pressure

(Bloomberg) - Pakistan prepares for further protests as an alliance of opposition parties stimulates a nationwide series of rallies calling for Prime Minister Imran Khan's resignation.
The eleven-member group called the Pakistan Democratic Movement will continue their two rallies over the weekend...

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‘The most difficult phase of the epidemic is ahead of us’: doctor

Dr. Leo Nissola, a doctor and immunotherapy scientist, is entering the finals to discuss everything about the coronavirus: from the second wave to the race for the vaccine, as around 40 million cases occur worldwide.
Video transcript
SEANA SMITH: Welcome back to "The Final Round". The daily numbe...

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Here’s what to know about U.S. stocks over the really long term — 227 years, in fact

The Internet bubble in 2000, the 1973-1974 bear market - and the current market - are alarming outliers in the 227-year history of the US market, writes Mark Hulbert.

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Want to Retire at 62 With $2 Million? Here's How Much You'll Need to Save Each Month

Retiring a millionaire may seem like a lofty goal, but considering the average American needs roughly $ 1.9 million to afford retirement, according to a Charles Schwab survey, you may need to reach millionaire status, to comfortably enjoy your senior years. Depending on what age you started savin...

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Buy These Growth Stocks Trading Around $10 Before They Soar Higher

Glu Mobile (NASDAQ: GLUU) and Sierra Wireless (NASDAQ: SWIR) have made impressive - albeit somewhat volatile - profits since the market crash in late February and early March, and these two growth companies are likely to be thanks to a set of catalysts working in their favor Act. Both companies s...

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My brother is in his mid-50s and nearly lost his home twice. Should I give him half of my inheritance to pay off his mortgage?

“He has borrowed a total of $ 30,000 over the past 10 years. While he has never filed for bankruptcy to my knowledge, he has restructured his debt twice. "

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The Elevation of ‘Xi Thought’

October 20 - China's leaders meet next week to work out the next five-year plan. Together with economic policy, there is the possible elevation of the so-called "Xi thought" to a guiding philosophy that is equal to Maoism. Diplomats, executives, and even science fiction writers are said to be und...

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Stock market news live updates: Stock futures open higher, recovering some losses after selloff

The stock futures were trading higher at the start of the overnight session on Monday. Investors hoped lawmakers could reach an agreement on additional incentives before the November elections.
IBM (IBM) stocks fell during overnight trading after the company reported a slowdown in cloud revenue g...

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How to upgrade to the iPhone 12

Welcome to tech support, a segment in which I, Dan Howley, serve as the intrepid guide through the sometimes confusing, often frustrating world of personal technology.
Here I answer all of your most pressing questions about the various things, devices and services that you use in your daily life....

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Winn-Dixie, Fresco Owner Southeastern Files for U.S. IPO

(Bloomberg) - Southeastern Grocers Inc., the owner of supermarket chains Winn-Dixie and Fresco, which went bankrupt two years ago, has filed for an IPO.
The Jacksonville, Florida-based grocer listed a $ 100 million bid in its filing with the Securities and Exchange Commission, a placeholder that ...

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Brookfield Invests $2 Billion in Biggest India Property Deal

(Bloomberg) - Brookfield Asset Management to purchase $ 2 billion in commercial real estate from an Indian developer, the largest real estate business in South Asia.
The Canadian asset manager is acquiring from RMZ Corp. rental yield offices and common rooms on an area of ​​12.5 million square me...

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Ardern’s Landslide Victory Shows Power of Inclusive Leadership

(Bloomberg) - Jacinda Ardern's emphatic election victory is seen as an endorsement of an inclusive leadership brand that may extend beyond New Zealand's borders.
In a time of populism and confrontation, Ardern's message of empathy and friendliness, combined with skillful crisis management, earned...

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Oracle CEO donated $250K to Lindsey Graham campaign pre-TikTok deal decision: RPT

The TikTok drama continues as new reports suggest that Larry Ellison made a large donation to a Super-PAC related to Lindsey Graham's re-election campaign when Oracle officially announced that it was selected as TikTok's technology partner for its U.S. operations has been.
Video transcript
JULIE ...

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Socialists Retake Bolivia a Year After Morales Was Ousted

(Bloomberg) - Bolivia's socialist movement will return to power a year after the eviction and displacement of its leader Evo Morales. The nation's bonds fell after the surprise outcome.
Morales' ally Luis Arce, a UK-trained economist, won the presidential election on Sunday when his main rival, C...

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Many Oil Companies Support Carbon Tax: Former BP CEO Dudley

October 19 - Bob Dudley, chairman of the Oil and Gas Climate Initiative (OGCI) and former chairman of BP Plc, says many oil companies "absolutely" support a carbon tax. He speaks to Bloomberg's Alix Steel and Guy Johnson about Bloomberg Markets.

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Macron Boxing Himself in Over Fisheries: Bruegel’s Wolff

October 19 - Bruegel director Guntram Wolff discusses the Brexit negotiations and the potential for a “no deal” exit. He speaks about "Bloomberg Markets: European Open".

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Strategist Who Foresaw September Slump Says S&P 500 May Fall 10%

(Bloomberg) - Mike Wilson, whose call for a stock pullback in August has proven forward-looking, is urging investors to prepare for further turmoil.
Morgan Stanley's chief US equities strategist says the S&P 500 is in danger of falling 10% from its high a week ago. It was only for the second time...

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WeWork’s Adam Neumann Didn’t Get His Full $185 Million Fee From SoftBank

(Bloomberg) - WeWork and its main funder, SoftBank Group Corp., paid Adam Neumann just a portion of the $ 185 million fee that was part of his controversial exit package as chief executive officer, said a person familiar with the transaction.
The fee was tied to a non-compete clause for Neumann, ...

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4 Perfect Stocks to Buy if the Stock Market Crashes

Stock market crashes and corrections are inevitable - but they open the door to unbelievable bargains for investors.

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Biden Should Have Significant Win in Pennsylvania, Says Rendell

October 19 - Ed Rendell, former Democratic governor of Pennsylvania, says Joe Biden should win in Pennsylvania. He appears on "Balance of Power".

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5 Things Taiwan Semiconductor Manufacturing Just Said About 5G

The world's largest and most advanced semiconductor foundry, Taiwan Semiconductor Manufacturing (NYSE: TSM), just held its third quarter earnings release and conference call. The numbers were impressive. Apple's new 5G phone (NASDAQ: AAPL) runs on the A14 bionic chipset, made on the 5nm node, wit...

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How Trump plowed through $1 billion, losing cash advantage

WASHINGTON (AP) - President Donald Trump's far-reaching political operation has raised well over $ 1 billion since he captured the White House in 2017 - and set much of it on fire.
Trump bought a $ 10 million Super Bowl ad when he didn't have a challenger. He used his political organization to co...

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If Biden Gets Elected, Is Amazon on the Hook for Billions in Taxes?

Presidential candidate Joe Biden and many investors don't seem to see that Amazon is already paying quite a bit of taxes.

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This CEO Just Said a Second Round of Stimulus 'Absolutely' Needs to Happen

The CEO believes that consumer and trade credit losses could ultimately depend on how much more incentive Congress offers.

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Magnificent Seven: Cramer's 'Mad Money' Recap (Monday 10/19/20)

Profits are essential for many stocks. But Jim Cramer has a 'Magnificent Seven' list of growth stocks that seems like a buying opportunity every day.

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'Not just him': What Trump's antibody use says about the future of coronavirus treatments

President Donald Trump's recovery from COVID-19 - and his aggressive advocacy of antibody cocktails as a "cure" - are few reasons given their relative scarcity, cost, and largely unproven nature, according to several experts who spoke with Yahoo! encourage general public finance.
Derived from man...

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Can Either of These Little-Known Biotechs Find New Life Fighting Coronavirus?

Two small biotech companies worked together to find a coronavirus vaccine, but one of them could be way ahead based on its expertise and other partnerships.

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Why Marijuana Stocks Are Rocking Monday

The stock market has had a tough start to the week, with the Dow Jones Industrial Average falling 0.25% and the S&P 500 0.45% at 12:45 p.m. EDT trading - but hey, at least marijuana stocks glow green! Shares of cannabis giant Canopy Growth (NYSE: CGC) rose 8.4% in afternoon trading today, while s...

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Death of an Infant Shows Cruelty of Starving in a Country of Food Abundance

(Bloomberg) - Nafisa watched her baby's life drain away.
She and her husband struggled to turn their tailoring business into 1 rupee (1 cent) a day after India put a Covid-19 lockdown in March. They often have nothing to eat. Nafisa nursed little Aaris and since she hardly had anything to eat, sh...

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China Recruits a South Korean Conglomerate to Advise on ESG

(Bloomberg) - South Korean conglomerate SK Group is accelerating efforts to help China develop ESG standards after Beijing spent years trying to improve corporate social governance disclosures.
SK said it would team up with China's State Commission for the Supervision and Management of Assets (SA...

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