Despite the post-pandemic crisis, global wearable shipments will reach 344 million by the end of 2022

August 11, 2022

Sports, fitness and wellness trackers and smart home compatible smartwatches are becoming the fastest growing segments following renewed consumer demand LONDON, August 11, 2022 /PRNewswire/ -- Demand for a...

Norwegian Cruise Line sees delayed recovery from crisis

Frederick Valdez

August 9, 2022

Financial Slump

Norwegian Cruise Line forecast a loss for the current quarter and revenue below estimates as occupancy rates remained stubbornly below pre-pandemic levels, sending its shares down 12% on Tuesday.Its second ...

Buffett’s Berkshire pounces on market crash to buy stocks

Frederick Valdez

August 6, 2022

Financial Slump

Breadcrumb Links PMN Company Warren Buffett's Berkshire Hathaway Inc. follows an old adage: buy the dip. Author of the article: Capitalist cards offered at a shareholder shopp...

RBI increases repo rate by 50 basis points to 5.4%; maintains FY23 GDP forecast at 7.2%

Frederick Valdez

August 5, 2022

Financial Slump

...

Robinhood sees 44% drop in revenue and cuts its workforce by 23%

Frederick Valdez

August 3, 2022

Financial Slump

Robinhood Markets Inc said on Tuesday it was cutting 23% of its staff as it posted a 44% drop in revenue due to the collapse in trading activity, in a surprise earnings announcement that took place a day earlie...

The collapse of the Chinese real estate market is becoming a real problem

Frederick Valdez

August 1, 2022

Financial Slump

Comment A few months ago, I wrote that the Chinese slowdown was much more than COVID-19 related and highlighted the challenges coming from the overweight of the real estate sector in the economy. A research pap...

Swvl’s $100M acquisition of Smart Bus startup Zeelo is off, amid tech stock plunge – TechCrunch

Frederick Valdez

July 29, 2022

Financial Slump

All is not well with the proposed acquisition of the British bus platform Zeelo by the public transport group Swvl. Back in April, we covered how a potential $100 million acquisition was on the cards, and...

Why Facebook’s Q2 Ads Drop Should Make Hollywood Nervous

Frederick Valdez

July 27, 2022

Financial Slump

Major entertainment studios are pinning their streaming success on tiered advertising platforms – and the tech industry is showing warning signs Hollywood is expected to be very ...

The RBI inflation-growth tightrope walk – in the charts

Frederick Valdez

July 25, 2022

Financial Slump

...

Stocks tumble due to political unrest

Frederick Valdez

July 24, 2022

Financial Slump

CARACHI: The Pakistan Stock Exchange suffered a lackluster week of trading as jittery investors weighed the impact of growing political unrest in the country coupled with the continued depreciation of the...

Goldman Sachs Doubts Euro Intervention, But Yen Action Possible

Frederick Valdez

July 21, 2022

Financial Slump

Links to the breadcrumb PMN Company The European Central Bank is unlikely to enter foreign exchange markets directly, even in the face of a more than 10% drop in the euro this year, although Ja...

Rising living costs lead Indians to work longer, report says

Frederick Valdez

July 20, 2022

Financial Slump

As many as 35% of Indian consumers described their financial situation as deteriorating. 46% view the country's general economic outlook negatively. These are some of the highlights of the Global Issues Barom...

US stocks show significant slowdown after early move higher

Frederick Valdez

July 18, 2022

Financial Slump

...

China’s monetary policy has ample leeway to meet challenges: state media

Frederick Valdez

July 17, 2022

Financial Slump

China's monetary policy has ample room for maneuver and sufficient tools, including further reductions in bank reserve requirements, to deal with new challenges amid a fragile economic recovery, a commentary sa...

China’s GDP growth beats expectations in second quarter

Frederick Valdez

July 15, 2022

Financial Slump

While Chinese exports rose more than expected in June, imports grew much less than expected. Workers pictured here disinfect a container terminal in Qingdao on July 13, 2022.Edition of the future | Edition of...

Why residential stock in stocks fell more than 20% in the first half of 2022

Frederick Valdez

July 12, 2022

Financial Slump

What happened Shares of Residential Equity (EQR 0.11%) fell 20.2% in the first half of 2022, according to data provided by S&P Global Market Intelligence. It was a little less than the S&P500do...

U.S. indices shake off early fall and reap gains

Frederick Valdez

July 6, 2022

Financial Slump

...

Stocks fall, extending a deep recession into the second half of 2022

Frederick Valdez

July 2, 2022

Financial Slump

...

3 stocks with more than 35% short interest

Frederick Valdez

June 29, 2022

Financial Slump

The stock market is set for its worst first half in decades this year. The S&P 500 is down more than 20% since the start of the year. Further interest rate hikes by the Federal Reserve to depress prices coul...

What does the future of major cryptocurrencies look like amid the current market meltdown?

Frederick Valdez

June 27, 2022

Financial Slump

Global economic uncertainties are weighing heavily on the cryptocurrency industry. In 2021, the market situation was different as cryptocurrencies were doing well. Bitcoin, for example, hit the $68,000 mark i...

Bitcoin price crash leads to miner loan piling up $4 billion

Frederick Valdez

June 25, 2022

Financial Slump

The prolonged decline in the prices of the world's leading crypto asset, Bitcoin, has made life particularly difficult for miners. According to the Bloomberg report, platform owners are up to their necks in l...

Analysis: Wall Street’s hiring frenzy eases as concerns grow over economy and market meltdown

Frederick Valdez

June 23, 2022

Financial Slump

June 23 (Reuters) - With growing uncertainty around the U.S. economic outlook and the resulting slump in financial markets, Wall Street is easing hiring after a hiring spree last year.Wall Street firms, includi...

Chinese digital yuan spending rises despite COVID-19-induced crisis

Frederick Valdez

June 22, 2022

Financial Slump

Source: Adobe Stock / helloabc Use of the digital yuan has grown 18x in the past 12 months in China as the central bank-issued token continues to fi...

Strikes, inflation, crisis… back to the 70s? More like the denouement of Thatcherism | will huton

Frederick Valdez

June 19, 2022

Financial Slump

JIt's not the 1970s again, despite the apparent similarities – oil shocks, recession, seasons of discontent, inflation. What we are experiencing is something deeper. It is the painful denouement of Thatcher's...

House prices: ‘Another bloodbath’ as prices fall again in May for sixth consecutive month – REINZ figures

Frederick Valdez

June 14, 2022

Financial Slump

CompanyJune 14, 2022 10:44 p.m.3 minute readGlobal market crashes, wild weather for parts of New Zealand, ACC privacy breaches, flu season puts pressure on healthcare providers, visa policy in Ukraine and the s...

Sri Lanka’s economic crisis triggers emergency funding

Frederick Valdez

June 13, 2022

Financial Slump

RAYMOND, Maine - Sri Lanka's economy has been taking a severe toll for months, sparking growing concern for the island nation around the world. As the country moved ever closer to bankruptcy, the World Bank of...

Trend in land sales thwarted by Shanghai with a 33% increase at auction

Frederick Valdez

June 11, 2022

Financial Slump

Struggling Chinese property developers have a reduced appetite for land in major cities, except in Shanghai where sales rebounded after its brief exit from a coronavirus-induced lockdown. Only nine of the 20...

Fintechs delay IPO plans and focus on profitability amid recession fears

Frederick Valdez

June 9, 2022

Financial Slump

Investment in fintech is slowing as worries about rising inflation and the prospect of higher interest rates have rattled economic sentiment.Elena Noviello | time | Getty ImagesAMSTERDAM — Fintech firms are p...

The value of IPOs in the United States and Europe drops 90% this year

Frederick Valdez

June 5, 2022

Financial Slump

The value of initial public offerings in the United States and Europe have fallen 90% this year, as war in Ukraine and rising inflation and interest rates forced companies to put IPO plans on hold in sto...

Don’t let Mexico derail Biden’s Summit of the Americas agenda

Frederick Valdez

June 3, 2022

Financial Slump

...

US stocks continue to weaken after early slowdown

Frederick Valdez

June 1, 2022

Financial Slump

...

At less than 90p, are Rolls-Royce shares a crying buy?

Frederick Valdez

May 30, 2022

Financial Slump

A FTSE100 part of suffering terribly since the Covid-19 broke out is that of Rolls Royce Holdings (LSE: RR). Rolls-Royce shares took a brutal beating during the spring 2020 market crash. In its darkest days, ...

Gap Fashions forecast grim amid consumer squeeze after Q1 Miss; Stocks Fall By Investing.com

Frederick Valdez

May 26, 2022

Financial Slump

© Reuters Gap Earnings Miss, Revenue Beats In Q1 By Yasin Ebrahim Investing.com -- Gap Inc (NYSE:) reported on Thursday that the first quarter missed analysts' forecasts and painted a gloomy picture for th...

Stock Market Crash Disturbs Americans Considering Retirement | News, Sports, Jobs

Frederick Valdez

May 25, 2022

Financial Slump

Mark Bendell and his wife Laurie chat in their kitchen, Monday, May 23, 2022, in Boca Raton, Florida. A stock market crash this year that has s...

Biden and Georgieva push against collapse fears amid Davos gloom

Frederick Valdez

May 23, 2022

Financial Slump

Breadcrumb Links PMN Company Author of the article: Bloomberg News Alessandra Migliaccio and Nancy Cook Content of the article (Bloomberg) – Sign up for the New Economy Daily ne...

Buy the drop or sell the “rip”? : What’s next as the S&P 500 tests bear market territory?

Frederick Valdez

May 21, 2022

Financial Slump

Investors, already grappling with a declining stock market and fearing the U.S. economy is heading into a recession, are now turning their attention to the consumer. On the one hand, consumer discretionary sto...

Global recession looks increasingly possible as US Fed prepares to keep raising rates

Frederick Valdez

May 20, 2022

Financial Slump

Bloomberg: Policymakers fight the devil in front of them rather than the goblin lurking around the corner. After years of wishing and trying to bring about faster inflation, the focus is now on slowing things ...

China’s April property sales show steepest drop since 2010

Frederick Valdez

May 16, 2022

Financial Slump

By Liangping Gao and Clare JimBEIJING/HONG KONG (Reuters) - China's property sales in April fell at their fastest pace in at least 12 years as COVID-19 lockdowns further dampened demand despite further policy e...

Fall of the S&P 500: what does it mean for your investments?

Frederick Valdez

May 14, 2022

Financial Slump

...

Manulife and Sun Life saw first-quarter sales tumble as COVID-19 soared

Frederick Valdez

May 12, 2022

Financial Slump

Canada's two largest insurers continue to feel the effects of COVID-19 as Asian businesses have seen insurance sales plummet after major virus outbreaks quarantined several regions and death rates skyrocketed i...

Tech stock rout causes Tiger Global to lose $17 billion

Frederick Valdez

May 10, 2022

Financial Slump

Hedge fund Tiger Global has lost about two-thirds of the cumulative gains it has made for investors since its inception in 2001, according to data from an investor who tracks the industry. LCH Investments ...

Outdoor advertising: a recovery display

Frederick Valdez

May 9, 2022

Financial Slump

The outdoor advertising industry is finally heading towards recovery, with industry players expecting 2022 to mark its revival. Four months into 2022, the recovery of the OOH (out-of-home) segment in India has...

Economy: a surprise crisis raises fears of stagflation

Frederick Valdez

May 7, 2022

Financial Slump

The smartest insights and analytics, from every angle, gathered on the web:So much for the "Roaring Twenties," Valentina Romei and Alan Smith said in the FinancialTimes. After nearly two years of rapid growth ...

Wall Street bonuses seen slipping by up to 40% on banking crisis

Frederick Valdez

May 5, 2022

Financial Slump

Breadcrumb Links PF work PF Finance Banking “For the first time in decades, inflation is having a significant impact on actual compensation results” Author of the article: Bloo...

Uber boosts earnings report after Lyft forecast sends stocks into slump

Frederick Valdez

May 3, 2022

Financial Slump

After Lyft Inc.'s financial results sent shares of Uber Technologies Inc. into a spiral on Tuesday night, Uber said executives would move up the time for their own earnings announcement. ...

Falling subscribers may be bad news for Netflix, but better for the planet | John Naughton

Frederick Valdez

April 30, 2022

Financial Slump

In the early 1930s, when Claud Cockburn worked on the Time, the sub-editors held a contest to see who could compose the most boring title. Cockburn claimed he won with "Little Earthquake in Chile." Not many d...

Apple loses top spot in China as smartphone sales plummet

Frederick Valdez

April 29, 2022

Financial Slump

Two research reports published this week showed Apple (AAPL) slipping to third place, behind Chinese brands of Android handsets.Smartphone sales in China fell 14% in the first quarter as volumes fell "near leve...

Despite strong results, shares of Au Small Finance Bank tumble 5% as all positives are likely priced in

Frederick Valdez

April 27, 2022

Financial Slump

Shares of AU Small Finance Bank (SFB) fell more than 5% on Wednesday, a day after the lender released its quarterly figures.At 1124 IST, the stock was trading down 3.6% to Rs 1,364.7 on BSE. Year-to-date, the ...

Analysis: U.S. trucking slowdown portends possible economic sluggishness

Frederick Valdez

April 25, 2022

Financial Slump

April 25 (Reuters) - Craig Fuller is monitoring millions of transactions between U.S. truckers and their customers as chief executive of transportation data firm FreightWaves - and he doesn't like what he's see...

10 Female Wrestlers Who Were In WWE At The Wrong Time

Frederick Valdez

April 24, 2022

Financial Slump

Time is often a critical factor for some wrestlers. Some stars had numbers so ahead of their time, it's amazing they ever worked. Others often seem like throwbacks to another era and don't quite f...

For oil refiners, now is the summer of distillate content

Frederick Valdez

April 22, 2022

Financial Slump

Breadcrumb Links PMN Economy PMN Company Author of the article: Content of the article Refiners plan to spend the summer increasing production of jet fuel and diesel instead of gasoli...

Nasdaq futures slide on Netflix earnings shock

Frederick Valdez

April 20, 2022

Financial Slump

Breadcrumb Links PMN Technology PMN Company Author of the article: Content of the article A tumble in shares of streaming giant Netflix pointed to a weaker open for the Nasdaq on Wedn...

China’s economy shows still weak growth of 4.8% in January-March

Frederick Valdez

April 18, 2022

Financial Slump

...

Biden bets strong job market will shield economy from slump

Frederick Valdez

April 8, 2022

Financial Slump

WASHINGTON — The U.S. economy faces many threats: war in Ukraine, high grocery bills, soaring gasoline prices, splintered supply chains, a lingering pandemic and rising interest rates that are slowing growth .T...

GoTo seeks to counter tech sector collapse with $1.1 billion IPO in Indonesia

Frederick Valdez

April 8, 2022

Financial Slump

Breadcrumb Links PMN technology PMN Company Author of the article: Reuters Fanny Potkin and Anshuman Daga and Stefanno Sulaiman Content of the article SINGAPORE/JAKARTA — G...

European stocks plunge as traders fret over hawkish political outlook

Frederick Valdez

April 7, 2022

Financial Slump

Breadcrumb Links PMN Company Author of the article: Bloomberg News Sagarika Jaisinghani Content of the article (Bloomberg) – European stocks fell on Thursday after a failed rall...

Factbox-Latest on the global spread of the coronavirus

Frederick Valdez

April 5, 2022

Financial Slump

(Reuters) - Chinese authorities on Tuesday extended a lockdown in Shanghai to cover all of the financial hub's 26 million people, despite growing anger over quarantine rules in the city, where latest results sh...

Bajaj Auto’s March sales drop 41%

Frederick Valdez

April 4, 2022

Financial Slump

Bajaj Auto's nationwide two-wheeler sales are down 41% in March to 107,081 vehicles from 181,393 units sold in March 2021. Also for fiscal 2022, two-wheeler sales are 9% lower at 1,641,084 vehi...

Japan’s business mood weakens for first time since Covid crisis

Frederick Valdez

April 2, 2022

Financial Slump

Breadcrumb Links PMN Company Author of the article: Bloomberg News Toru Fujioka and Sumio Ito Content of the article (Bloomberg) – Sign up for the New Economy Daily newsletter, ...

Corporate debt issuance jumps in March despite slump in first quarter

Frederick Valdez

April 1, 2022

Financial Slump

Breadcrumb Links PMN Company Author of the article: Content of the article Companies rushed to bond markets last month, undeterred by the war in Ukraine as they tried to lock up relatively...

Russia set to collapse and stagnate in the aftermath of the war in Ukraine

Frederick Valdez

March 31, 2022

Financial Slump

Russia's invasion of Ukraine will cause their economies to shrink this year by around 10% and 20%, respectively, the region's leading development bank said in one of the most in-dep...

India’s Gasoline and Diesel Prices Rise Even as Global Oil Rates Crash Here’s Why

Frederick Valdez

March 29, 2022

Financial Slump

Gasoline and diesel prices in India have started to soar as national oil marketing companies have revised fuel prices. On Tuesday, petrol and diesel prices were raised for the seventh time since the end of a f...

China faces worst economic downturn since pandemic, Nomura says

Frederick Valdez

March 26, 2022

Financial Slump

China's economy is facing its worst downward pressure since the spring of 2020, when it was hit by the first wave of Covid-19, according to Nomura Holdings Inc. The slowdown in Chinese growth worsened in the f...

How Russian Oil Avoidance Leaves a Hole in the Market

Frederick Valdez

March 24, 2022

Financial Slump

1. What is causing the disturbance? With the financial sanctions imposed on Russia by the US, UK and EU, market participants, including tanker owners, are reluctant to trade with Russian counterparties, even th...

S&P/NZX50 slips 1%, investors lose 7% on F&P Healthcare

Frederick Valdez

March 23, 2022

Financial Slump

Fisher & Paykel Healthcare lost 7%, disappointing the market with its revenue forecast falling short of expectations. The benchmark S&P/NZX50 index fell 1.1% to 12,061 after rising 0.2% on Tuesday. Fisher...

JPMorgan appoints Nicolas Skaff to head private markets in Europe as bank targets ‘number one strategic area’

Frederick Valdez

March 21, 2022

Financial Slump

JPMorgan has promoted a senior equity trader to lead its private capital markets business in Europe – a key growth area for the US bank. According to a note consulted by Financial news. Skaff joined JPMorg...

Take Five: Talk and Fight

Frederick Valdez

March 18, 2022

Financial Slump

Links to the breadcrumb PMN technology PMN Company Author of the article: Content of the article As the Russian-Ukrainian conflict rages, hectic diplomacy is underway. US and Europea...

Stock futures drift ahead of Fed decision

Frederick Valdez

March 15, 2022

Financial Slump

Stock futures were little changed on Tuesday evening as traders awaited the Federal Reserve's latest monetary policy decision and economic outlook update on Wednesday.Contracts on the S&P 500 drifted flat to ed...

Wall Street’s Chinese stocks rout nears Dot-Com crash levels

Frederick Valdez

March 14, 2022

Financial Slump

(Bloomberg) -- Just a year ago, Chinese stocks in the United States were enjoying an unprecedented boom.Bloomberg's Most ReadNow they're mired in a 72% plunge that's on course for matching losses during the 200...

Debt maturity and central bank hikes loom in Russia

Frederick Valdez

March 11, 2022

Financial Slump

A man walks out of a currency exchange office in Saint Petersburg, Russia, January 26, 2022. REUTERS/Anton VaganovJoin now for FREE unlimited access to Reuters.comRegisterLONDON, March 11 (Reuters) - The cost o...

U.S. outdoor brands revenue tumble in Q3, forecast cuts

Frederick Valdez

March 10, 2022

Financial Slump

American Outdoor Brands said its sales in the fiscal third quarter ended Jan. 31 fell 15.1%, reflecting lower net sales from traditional brick-and-mortar channels. On a two-year basis, sales increase...

Ruble reopens with a slump as traders’ prices rise in isolation

Frederick Valdez

March 9, 2022

Financial Slump

(Bloomberg) - The ruble tumbled as local traders got their first chance this week to react to a series of negative developments for Russia, including curbs on oil exports, the country's main source of income .B...

Woe to inflation! Rate-sensitive indices fall 5%; 18 stocks hit their lowest level in 52 weeks

Frederick Valdez

March 7, 2022

Financial Slump

Shares in interest-rate-sensitive sectors were under heavy pressure on Monday, with financial stocks including banks, non-bank financial companies ...

US stocks tumble as oil surge resumes

Frederick Valdez

March 4, 2022

Financial Slump

US stocks tumbled on Friday as investors' attention was drawn to Russia's invasion of Ukraine and rising oil prices. Major Wall Str...

China’s February services activity grows at slowest pace in six months

Frederick Valdez

March 3, 2022

Financial Slump

Breadcrumb Links PMN technology PMN Company Author of the article: Content of the article BEIJING — Activity in China's service sector in February grew at the slowest pace in six mont...

European stocks tumble as Russian market closes for second day

Frederick Valdez

March 1, 2022

Financial Slump

European stocks fell on Tuesday as attention continued to focus on Russia's isolation from global financial markets following its invasion of Ukraine. The Stoxx Europe 600SXXP, -2...

BNSF Railway announces record financial results for 2021

Frederick Valdez

February 27, 2022

Financial Slump

A pair of coal trains loaded by BNSF Railway rumble south towards Bill, Wyo., in the Powder River Basin in October 2020. BNSF's coal volume and revenues increased in 2021. (Bill Stephens) OMAHA, Neb. - BNSF R...

Tech stocks continue to slump as FY22 losses top last year

Frederick Valdez

February 25, 2022

Financial Slump

One97 Communications, the parent company of Paytm, posted a loss somewhat similar to last year. It recorded a net loss of Rs 1,631.50 crore in the nine months of FY22 against a net loss of Rs 1,696.10 crore in...

Russian stocks fall deepest on record, wiping out $180 billion in value

Frederick Valdez

February 24, 2022

Financial Slump

(Bloomberg) - Russian markets plunged as military attacks across Ukraine sparked emergency central bank action and investors braced for the toughest round of Western sanctions yet, wiping out about $180 billion...

Indian Rupee: As Ukraine Tensions Reach Boiling Point, Rupee and Bonds Crash

Frederick Valdez

February 22, 2022

Financial Slump

NEW DELHI – The rupiah and sovereign bonds were both battered on Tuesday as a sharp escalation in tensions between Russia and Ukraine sent global crude oil prices soaring, eroding risk appetite investors, the d...

Stocks plunge further as sector slumps

Frederick Valdez

February 20, 2022

Financial Slump

FE ONLINE REPORT | Published: February 20, 2022 4:09:05 p.m. | Update: February 20, 2022 8:56:12 PM The market plunged further on Sunday as risk-averse investors dumped their holdings in the...

Meta’s market wipeout is unmatched in the era of megacaps

Frederick Valdez

February 18, 2022

Financial Slump

(Bloomberg) -- Over its lifetime as a publicly traded company, Facebook's parent company, Meta Platforms Inc., has repeatedly demonstrated its ability to bounce back after earnings disappointments or various co...

Emirates Stadium renovation plans under consideration although financial constraints remain

Frederick Valdez

February 17, 2022

Financial Slump

Feb. 16 (THEWILL) - Arsenal are considering a 'multi-million pound refurbishment' of the Emirates Stadium before the start of next season. Emirates Stadium, which replaced the old Highbury ...

Stocks extend losses as major sectors slump

Frederick Valdez

February 15, 2022

Financial Slump

FE ONLINE REPORT | Published: February 15, 2022 4:18:38 p.m. | Update: February 15, 2022 5:51:39 p.m. Stocks extended the losing streak for the second straight session on Tuesday as cautious...

Mercedes-Benz CFO hopes auto industry supply chain issues ease in second half of 2022

Frederick Valdez

February 13, 2022

Financial Slump

Mercedes-Benz, along with several other automakers around the world, have struggled with vehicle production and sales. Through HT automatic office | Updated: 13 Feb 2022, 11:28 Merced...

Nasdaq follows S&P 500 and Dow Jones as megacap sectors lag

Frederick Valdez

February 11, 2022

Financial Slump

JohanSjolander/E+ via Getty Images Shares ended near session lows as concerns over rising interest rates again put pressure on valuations of more speculative names. Like As a result, tech heavyweights pre...

ArcelorMittal sees a financial “risk” in decarbonization

Frederick Valdez

February 10, 2022

Financial Slump

Published on: 02/10/2022 - 13:00Amended: 02/10/2022 - 12:58 Paris (AFP)- Global steel giant ArcelorMittal on Thursday posted record annual profit in 2021 but wa...

Equities in Europe gain on commodity surge; treasury bills fall

Frederick Valdez

February 8, 2022

Financial Slump

Equities in Europe rose as commodity producers benefited from higher metal prices and strong earnings. Treasury yields rose and the dollar strengt...

Oisin’s Bits: RIAs Slow to Raise Wages to Reflect Income and Inflation • Robertson Stephens Doubles AUM, Making Three a Charm • SEC Finally Explains Bitcoin ETF App Failures • Tenev and Bhatt Win Billion-Dollar Haircuts in Robinhood Stock Drop

Frederick Valdez

February 4, 2022

Financial Slump

Schwab report shows RIAs hiring at great rates, but maybe not for longSchwab sets rate of RIA salary increase, talks benefitsRIA revenue has skyrocketed with assets since 2015, but RIA total cash compensation –...

U.S. productivity up 6.6% in fourth quarter amid strong growth, Omicron Wave

Frederick Valdez

February 3, 2022

Financial Slump

Productivity grew at an annualized rate of 6.6% in the fourth quarter of 2021, the government announced Thursday. That beat the medi...

January slump doesn’t mean loss in 2022, LPL says

Frederick Valdez

February 1, 2022

Financial Slump

While the S&P 500 fell 5.3% in January, that doesn't necessarily mean stocks will fall for 2022, LPL Financial said. This is becaus...

Collapse of instructions sees Purplebricks suffer £20m loss

Frederick Valdez

January 31, 2022

Financial Slump

Online estate agents Purplebricks suffered losses of £20million after a difficult six-month period which saw it lose market share and become aware of potential liability in its lettings busines...

Coin Bureau bullish on Metaverse Altcoins (such as $SAND) despite falling crypto prices

Frederick Valdez

January 29, 2022

Financial Slump

The host of popular crypto market commentary show Coin Bureau says he is still optimistic about the prospects for gaming altcoins that can capitalize on the hype generated by n...

China’s largest private bank faces wave of bad debt due to property crisis

Frederick Valdez

January 27, 2022

Financial Slump

In Singapore, we are looking to double our reporting team by the end of the year to comprehensively cover the rapidly changing world of funded startups and venture capital, private equity and M&A deals. . ...

Indebted China Evergrande to hold conference call with investors on Wednesday – sources

Frederick Valdez

January 26, 2022

Financial Slump

The company logo is seen at the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. REUTERS/Aly SongJoin now for FREE unlimited access to Reuters.comRegisterHONG KO...

Financial Conduct Authority staff to vote on strike over pay changes

Frederick Valdez

January 24, 2022

Financial Slump

According to the unions, the staff of the Financial Conduct Authority (FCA) could go on strike against the new salary conditions imposed by the management.Unite the Union is voting for members of the financial ...

Living with Covid is proving difficult for a stalled global economy

Frederick Valdez

January 22, 2022

Financial Slump

Breadcrumb Links PMN Company Author of the article: Bloomberg News Enda Curran Content of the article (Bloomberg) - The booming omicron variant is complicating the recovery of a...

Worst Christmas on record for retailers as sales fall 3.7% | Economic news

Frederick Valdez

January 21, 2022

Financial Slump

Retail sales suffered their worst December tumble on record last month, with the Omicron variant blamed for driving away shoppers.The 3.7% month-on-month fall in sales volumes reported by the Offi...

RTÉ to seek higher TV license fees as UK government announces BBC price freeze

Frederick Valdez

January 19, 2022

Financial Slump

RTÉ will ask for a TV license fee increase this week – days after the UK government announced a two-year...

Euro countries seek a path between high inflation and low growth

Frederick Valdez

January 17, 2022

Financial Slump

BRUSSELS – Euro finance chiefs engaged in a political balancing act on Monday driven by conflicting economic forces: weaker growth prospects and higher inflation.Finance ministers from the 19 countries that sha...