US Treasuries are called the “risk-free assets” of the financial world. However, the moniker of “risk-free asset” may actually belong to another country.
U.S. videoconferencing company Polycom Inc forecast strong second-quarter sales as it continued to benefit from its partnerships with companies like Microsoft and from business disruptions at bigger rival Cisco.
To get exposure, most investors immediately considered equities, which have been historically correlated with economic growth. However, an even better option may be the forex carry trade.
McDonald's Corp forecast higher prices for beef, dairy and other items and said it would cautiously raise prices to keep attracting diners, who are grappling with higher grocery and gas bills.
Silver Prices extended their Dollar gains to 7.7% for this week alone, also reaching new multi-decade and all-time highs vs. the world's other major currencies.
Truck drivers in Shanghai, China have been staging a protest against rising fuel prices which they claim is deeply hurting their businesses.
McDonald's Corp reported a higher-than-expected quarterly profit on Thursday as the world's largest restaurant company posted March sales that topped analyst expectations.
US stocks rallied on Wednesday, with the Dow Jones Industrial Average closing near three-year highs, as upbeat earnings from major technology companies’ boosted sentiment for corporate-profit trends.
Real gross domestic product (GDP) growth in the United States will reaccelerate, and reach 3.5–4 percent in the second half of this year, IHS Global Insight said in its April World Flash report.
US stocks rallied on Wednesday, with the Dow Jones Industrial Average closing near three-year highs, as upbeat earnings from major technology companies’ boosted sentiment for corporate-profit trends.
The top after-market NYSE gainers on Wednesday are: China Security & Surveillance, SLM Corp, Tempur-pedic International, Yum! Brands and Gardner Denver. The top after-market NYSE losers are: Goodrich Corp, Tele Norte Leste Participacoes, Chipotle Mexican Grill, Elan Corp and General Growth Properties.
McDonald's power to raise prices as food and fuel costs climb will be in focus on Thursday when the world's biggest hamburger chain reports quarterly results.
Luxury automaker Rolls-Royce Motor Cars should more than double sales in the second quarter, in large part because of its Ghost model, David Archibald, president of Rolls-Royce in North America, said on Wednesday.
Yum Brands Inc , the parent of the KFC, Taco Bell and Pizza Hut fast-food chains, reported higher-than-expected quarterly sales, boosted by growth in China, helping to send its shares up 4.9 percent in after-hours
Gold rallied above $1,500 an ounce for the first time on Wednesday, extending this week's record run as investors hedged growing inflation risks and bought into a broad commodities rally as the dollar slumped.
Gold rose above $1,500 an ounce on Wednesday for the first time ever as the dollar wilted, oil rose, worries over the U.S. economic outlook boosted demand for the metal as a haven and rising inflation lifted Asian demand.
Oil prices rallied 3 percent on Wednesday as U.S. crude oil inventories fell for the first time in seven weeks and the dollar weakened further, fueling investor appetite for riskier assets.
Brent and U.S. crude oil futures rallied more than $2 on Wednesday, with Brent over $123 a barrel, helped by a weekly draw in U.S. crude inventories that confounded expectations for a stock build, and by a weaker dollar.
China has spent tens of billions of dollars buying into energy resources from Africa to Latin America to slake the unquenched thirst for fuel from its growing industry and burgeoning cities.
Yemen has been struck by fresh new violence, one day after a summit in the United Nations failed to reach a consensus on the nation’s crisis.
Gold hit record highs above $1,500 an ounce on Wednesday as fears over the U.S. economic outlook boosted its appeal as a haven from risk, while Asian buyers sought protection from rising inflation.
Cyberspace is likely to be a key battleground for states in the 21st century but recruiting those with the technical skills to fight there and retaining their loyalty will be a tough task.
