Apple delays recalling staff to the office until 2022 The decision comes as fears grow over the impact of surging Covid cases in the US.
South African Rand Dollar Forecast: USD/ZAR Aims Higher Ahead of Jackson Hole USD/ZAR threatens yearly highs as US Dollar bulls gain momentum. Will Jackson Hole be make or break for the volatile Rand?
This isn't the taper tantrum the market was planning for As much as the Fed is planning to taper, watered down expectations going into Jackson Hole says more about the economic outlook If the Fed isn't going to announce a taper soon, the fear is that they might not get the chance to do so if the US virus situation worsens further in the weeks/months ahead.
Ride the Global Construction Boom With Caterpillar The world-wide infrastructure binge bodes well for the maker of construction equipment.
Going, Going, Almost Gone: UK Government Speeds Up Privatisation of National Health System Operating on the maxim of "never let a good crisis go to waste", the government is exploiting the pandemic to embed even more private interests across the system.
Coinbase, Ross Stores, Applied Materials, Farfetch: What to Watch When the Stock Market Opens Today The Dow is on track to erase August’s gains.
Huarong's Survival Doesn't Mean Chinese Firms Can't Fail It’s tempting to see the bailout of China’s largest bad bank as a sign that nothing has changed. But the Huarong saga obscures some significant developments behind the scenes.
Iraqi Lawmakers Call for Probe Into GE, Siemens Electricity Contracts Amid extended power outages, members of an parliamentary commission want an investigation into the billion-dollar deals, saying the government overpaid.
Chinese Stocks Slide as Beijing's Crackdown Shows No Sign of Abating A fresh wave of selling hit shares Friday, capping off a tumultuous week that saw Chinese regulators step up their scrutiny of internet-technology companies.
Bank website access hit for Sky Broadband users Customers of Halifax, Santander, HSBC and TSB have all complained of problems accessing online services.
EU Opens Probe Into Illumina's Decision to Close Grail Deal Despite AntitrustConcerns The European Union’s executive arm said it was opening a probe into Illumina’s decision to complete its $7.1 billion purchase of Grail despite an ongoing antitrust investigation.
Cutting off jobless benefits early may have hurt state economies. Prematurely ending federal programs had little effect on pushing people back to work, researchers find, but sharply cut their spending.
That $56,000 Drug? Blame Medicare. For an increasingly important set of drugs, Medicare has been driving up prices. It knows how to do better.
FX option expiries for 20 August 10am New York cut A look at what is on the board for today Not much of note for the day, besides a modest-sized chunk for EUR/USD closer to 1.1700 as highlighted in . bold That may help to keep price action more contained below the figure level before rolling off later but so far on the day, major FX aren't showing
AstraZeneca Antibody Drug Prevents Symptomatic Covid-19 in Trial The company said it would seek regulatory approval after a study showed strong efficacy in preventing symptomatic Covid-19, offering a potential alternative to vaccines for people who refuse shots or for whom they aren’t effective.
European indices seen lower so far on the session Risk trades are still being pressured towards the end of the week That follows the more defensive tones seen in US futures so far on the day as well. S&P 500 futures are down 0.4%, Nasdaq futures down 0.3%, Dow futures down 0.4%.
EUR/USD Outlook - Pointing Lower as US Dollar Strength Remains in Control EUR/USD continues to trade below 1.1700 as the US dollar probes fresh nine-month highs.
Exercise Was a Profitable Pandemic Bet. Those Gains Are Shrinking. Shares of Nautilus, Planet Fitness and Peloton bulked up during the early stage of the pandemic. Now that growth expectations are unreasonable, investors should look for results from diet instead.
Quirks in a U.S. Treaty With Malta Turn Into a Tax Play for the Rich An offshore tax shelter promises rich Americans they can avoid lots of capital-gains taxes by setting up pension plans in Malta—and maybe some can.
Covid-19 Closure at China's Ningbo Port Is Latest Snarl in Global Supply Chains The congestion at Meishan terminal, which isn’t expected to resume full operations before the end of the month, is spreading to other ports like Shanghai and Hong Kong as big operators divert ships away from Ningbo.
First-Time Issuers Help Fuel Junk Bond Rally Demand for debut bond issues is coming from investors seeking better fixed-income returns amid ultralow interest rates and record savings.
The Upcoming NFL Season Is Crunch Time for Sports Betting Online gambling has grown in popularity during the pandemic. But from a crowded field of competitors, only a handful will likely survive long term.
Money Managers Race to Launch First U.S. Bitcoin ETF While the SEC has indicated being receptive to exchange-traded funds for bitcoin futures, there are risks for individual investors.