Recognized as the world’s single biggest attraction for high rollers at the gambling tables, Macau is the only location in the People’s Republic of China where betting on the roll of the dice is legal. Macau is just a short ferry ride from Hong Kong, through which many mainlanders travel to get to the casinos. As such, the former Portuguese […]
Benchmarks ended in the red for the fourth-straight session after escalating tensions in the Middle-East following an air strike in Yemen dampened investor sentiment. Additionally, the crisis in Yemen drove oil prices higher on Thursday on concerns that it may lead to reduction in oil supply. However, upbeat initial claims data limited some of the day’s losses. The S&P 500 […]
By Dow Jones Business News, March 25, 2015, 02:10:00 PM EDTAAABy Anora Mahmudova and Barbara Kollmeyer, MarketWatchDurable-goods orders drop in February; Kraft, Kofex up on M&A newsNEW YORK (MarketWatch) — U.S. stocks fell on Wednesday, declining for the third straight session, as a selloff in technology and biotech stocks pushed indexes lower.The S&P 500 (SPX) lost 19.06 points, or 0.9%, […]
NEW YORK (MarketWatch) — U.S. stocks fell on Wednesday, declining for the third straight session, as a selloff in technology and biotech stocks pushed indexes lower.The S&P 500 SPX, -0.88% lost 19.06 points, or 0.9%, to 2,072.44. Technology stocks were hit hard, with the largest company on the index, Apple Inc. dropping more than 1%.The Dow Jones Industrial Average DJIA, […]
SAN FRANCISCO (MarketWatch) — As the bull market in stocks and bonds shows no sign of slowing, investors are trying to time the inevitable: when it all comes crashing down.It isn’t just MarketWatch. The financial media these days are filled with a mixed message: Growth is finally here and it’s time to invest — until it all ends like the […]
Financial technology startups are getting funding from the very industry they hope to disrupt.Known in short as fintech, these startups are changing the way people pay, lend, and invest, threatening the long-established and entrenched financial systems. In the past couple years, fintech has increased in notoriety among financiers and investors, most notably in London and New York.From investing in growing […]
Putin biographer: He’s not dead — but chaos is brewing in the Kremlin by BusinessInsider.com : Friday 02:45:00 CTCategories: markets, streamThere’s something going on behind the scenes in the Kremlin.Russian president Vladimir Putin hasn’t been seen in public since March 5. (Video featuring Putin on March 13 was not live.)Analysts are speculating that his absence suggests there may be a […]
Taylor McBride/flickrIn the wake of recent scandals, millennials have become disillusioned with the finance industry. But with the emergence of gamification, stock market trading apps are beginning to revive young people’s interest in the industry.Angry Birds. Candy Crush. BUX. Most smartphone users will know the first two gaming apps, but what about that last one? “We want you to play […]
Taylor McBride/flickrIn the wake of recent scandals, millennials have become disillusioned with the finance industry. But with the emergence of gamification, stock market trading apps are beginning to revive young people’s interest in the industry.Angry Birds. Candy Crush. BUX. Most smartphone users will know the first two gaming apps, but what about that last one? “We want you to play […]
Markets ended in the red for the second consecutive day, handing the Dow and S&P 500 their worst closing levels since Feb 19. Some opined there were no real panic in the markets, nonetheless the Nasdaq was dragged away from its 5K for the second day in a row. Among the day economic numbers, the private-sector employment gains in February […]
