Rising Debt: Finances Biggest Source Of Stress For Most Americans
An overwhelming percentage of Americans consider financial stress as the worst source of worry.
Buffett Associate Munger Says Decline In Innovation Is A Bigger Market Worry Than Coronavirus
Longtime Warren Buffett associate and investor Charlie Munger considers domestic political and financial upheavals as equally impactful to the U.S. market as coronavirus and Chinese investing habits.
B737 Max Return To Skies Catches Tailwind As Testing In Airline Flight Conditions Begins
Boeing is flight-testing 737 Max planes in airlines' operational conditions, triggering speculation of an early return to the skies for the planes that were grounded around the globe following two crashes in similar circumstances killing 346 people.
Fatal Tesla Crash: Should Users Worry As Autopilot Error May Take Blame?
A probe report that appears to blame a likely error in the Autopilot driver-assistance system of Tesla electric vehicle, may worry users.
Coronavirus May Hasten US-China Disengagement That Trade Wars Started
While the trade wars slowed the growth of trade ties between the United States and China, the new coronavirus outbreak that is threatening to grow into a pandemic can hasten the decoupling of the world’s top two economies.
Blockchain May Revolutionize Banking Even as Cryptocurrencies Struggle for Legitimacy
While cryptocurrencies face opposition across the world and struggle to gain legitimacy, the blockchain technology that is at there core may revolutionize how business is done in other sectors including banking.
Anne Hathaway Lives Up To Smart-Woman Screen Image With $35M Net Worth
Actor Anne Hathaway is living up to her screen image as a smart and grounded woman in real life too with investments that have helped her amass a net worth of $35 million.
Barbie Maker Mattel To Shut Montreal Unit Amid Outsourcing Push
The company closed facilities in China and Indonesia last year amid the market upheaval from the meltdown of Toys "R" Us.
Worldline’s $8.6 Billion Ingenico Deal May Trigger Global Fintech Consolidation
French fintech giant Worldline's $8.6 billion deal to acquire national rival Ingenico creating world's fourth-largest payments company puts smaller U.S. firms on notice of consolidation in a crowded segment.
China Shutdown Extended, Markets Tank Amid Fears Liquidity Boost May Fall Short
Chinese markets tanked on resumption after the extended Lunar New Year holidays even as most businesses in Hubei province, the epicenter of the new coronavirus outbreak, were told to remain shut at least until Feb. 14.
Arvind Krishna’s Ascent To Helm Of IBM Will Extend List Of Indian-Origin CEOs Of US Firms
As a top executive of the cloud and cognitive software division, Arvind Krishna, is on the right track to driving Big Blue in a futuristic track when he takes over as CEO in April from Ginny Rometty. The 57-year-old will join an impressive list of Indian-origin technocrats at the helm of top U.S. companies.
Supply Chain Disruptions From China’s Coronavirus Outbreak Could Affect US Manufacturing
The coronavirus spreading fast to an increasing number of countries and raising fears of a global pandemic could lead to supply chain disruptions affecting U.S. manufacturing, a Singapore financial expert said.
Is It Right Time To Buy Real Estate? Mortgage Requests Surge As Virus Weakens Rates
A fall in mortgage rates partly attributed to fear of global economic slowdown because of the new coronavirus epidemic that began in China's Wuhan is driving current mortgage holders to lenders seeking to refinance their loans.
No China Tariff Rollback Even If Global Economy Feels Coronavirus Pain, Says US Trade Adviser
U.S. trade adviser Peter Navarro has denied plans to roll back China tariffs if the global economy was hit by the new coronavirus outbreak that started in the industrial city of Wuhan in Hubei province.
Will Britain's Huawei Deal Roil Trade Talks With US?
Given President Donald Trump's high-profile battle with Huawei, trade discussions with the U.K. will raise a lot of heat over British decision to allow the Chinese telecom giant a role, though 'limited,' in deploying the 5G network.
Gold May Hit $2,000 As China Pandemic Fears Weaken Equities, Dollar and Oil
Gold is leading safe-haven precious metals as economic slump fears grip world markets. The yellow metal looks good to scale $2,000 an ounce going past the $1,900 mark it crossed in 2013. Dow slumped 450 points Monday.
Automakers Gear Down China Production, Mulls Staff Pullout Over Coronavirus Fear
Automobile production in China is set to fall as major automakers are pulling out staff fearing the coronavirus infection that has hit the automobile city of Wuhan.
Visa Bets Big on UK Fintech Startup Currencycloud with $80 Million Funding
Visa has partnered with SAP's venture capital arm Sapphire to invest $80 million U.K. fintech startup Currencycloud.
Will UK Chancellor's Flip-Flop Over Post-Brexit EU Alignment Delay Trade Deal With US?
U.K. Chancellor Sajid Javid has reversed his stand that there will be no post-Brexit alignment with EU trade policies.
Siemens Counts On Trump's Support In Syria, Iraq Reconstruction Projects
Siemens CEO Joe Kaeser is betting on the support of President Donald Trump in reconstruction projects of Iraq and Syria, despite simmering transatlantic trade hostilities.