Economy

The Stock Market Is Going Down -- Here's How Much, and When It Will Happen

Stocks could come under more pressure soon.<p>The S&P 500 is set to test 2,350 in the coming months, according to Sam Stovall, chief investment …

Investing

Global shares gain ahead of Central Bankers' summit

Global stock markets mostly advanced Tuesday, showing further signs of steadying following a recent selloff.<p>The Stoxx Europe 600 rose 0.6% in early trade, buoyed by gains in banking stocks, while U.S. futures pointed to a 0.3% opening gain for the Dow Jones Industrial Average. Stocks in the …

Markets

Forex - Dollar pushes higher as markets await Jackson Hole

Investing.com - The dollar pushed higher against a basket of the other major currencies on Tuesday as investors awaited the annual gathering of …

Forex

The Weakest Boom Ever

<i>Editor's note: Originally published at tsi-blog.com on Aug. 21, 2017.</i><p><i>[This post is a slightly modified excerpt from a recent TSI commentary.]</i><p>The US …

Business

Euro's Hot Streak May Survive Any Draghi Jackson Hole Jawboning

Any attempt to stall the euro’s rise may prove futile for European Central Bank President Mario Draghi.<p>Fund managers at Carmignac Gestion SA and …

Business

Housebuilder Persimmon's profits soar by 30pc

FTSE 100 housebuilder Persimmon has reported a 30pc jump in profits in the first half of the year as it avoided the effects of a slowdown in the housing market.<p>Persimmon’s pre-tax profits rose 30pc to £457.5m in the six months ended June 30, while revenues were up 12pc to £1.66bn.<p>It built 556 new …

Markets

Liz Weston: The 3 biggest money decisions you'll ever make

Some factors that influence your financial success are beyond your control. Older people tend to be richer than younger people. White U.S. households, on average, have many times the wealth of black or Hispanic households. Those born into the top or bottom of the economic strata typically stay …

Business

The new dynamics of financial globalization

Cross-border capital flows have fallen 65 percent since the financial crisis as global banks retrenched, but a more stable form of financial …

Globalization

Economists see only slight impact from Fed bond trimming

WASHINGTON — The nation's business economists believe that the Federal Reserve's long-awaited move to start reducing its massive bond holdings will push long-term bond rates higher but most think the impact will be fairly modest.<p>The latest survey, out Monday, of the National Association for …

Federal Reserve

How Did 9/11 Impact the Recession of 2001?

<b>Definition:</b> The 2001 recession was an eight-month economic downturn. It began in March 2001 and lasted through November 2001. The economy contracted …

At Jackson Hole, will Janet Yellen contradict… Janet Yellen?

2017-08-22T07:30:17.000Z<p>By:<p>Just more than three years ago, Janet Yellen gave the Michel Camdessus lecture at the IMF, titled <i>Monetary Policy and</i> …

Janet Yellen

The Unintended Consequences of Quantitative Easing

Asset inflation doesn’t have to be bad. Flush governments could invest in education and infrastructure.<p>Quantitative easing, which saw major central banks buying government bonds outright and quadrupling their balance sheets since 2008 to $15 trillion, has boosted asset prices across the board. That …

Economics

European markets buoyed by miners

European stock markets have opened up after a broadly cautious trading session on Monday, in which geopolitics and Thursday’s Jackson Hole gathering …

People's Bank of China

The Yen Tracks A Flattening Yield Curve

Since early 2015, if one were to put the slope of the U.S. Treasury yield curve (the 2-10 spread) and the USDJPY cross rate on the same scale, one …

Business

Why Is the Fed So Scared of Inflation?

When the world’s central bankers meet this week in Jackson Hole, Wyo., the topic on the table will be how to foster a dynamic global economy. For America’s central bank, the Federal Reserve, the biggest problem is at home, not abroad, and its latest view on the economy, released last week, shows it …

Opinion

California defies Trump claim that environmental regulation kills economic growth

The California economy is thriving, according to a new report released Monday — and that’s despite the state instituting relatively restrictive …

Climate

Donald Trump eyes Afghanistan's $1 trillion mineral reserves to pay for reconstruction after 16 years of war

US President Donald Trump is eyeing Afghanistan's mineral wealth to help pay for a 16-year war and reconstruction efforts that have already cost $117 …

Afghanistan

Morning Briefing: Trump's new Afghan war; Barcelona suspects in court

LONDON (Reuters) - Donald Trump's declaration of an open-ended "fight to win" the 16-year conflict in Afghanistan will resonate with European allies who will now be asked to step up to the plate in boosting Western troop numbers there.<p>This was the military effort that was wound down from its peak …

World Economy

Opening Quote: Groundhog Day as Persimmon lands more profit

Groundhog Day as Persimmon lands more profit. FT <i>Opening Quote,</i> with commentary by <b>Matthew Vincent</b>, is your early Square Mile briefing. You can sign up …

Markets

U.S. Treasury Yields Edge Lower; Investors Await Jackson Hole

U.S. Treasuries inched higher Monday as Wall Street awaits speeches from top central bankers gathering at Jackson Hole later this week.<p>Federal …

U.S. Treasury

Here's a Sign That Dubai Is No Longer the U.A.E.'s Problem Child

To see how far Dubai has come, take a look at its credit default swaps.<p>The extra cost investors pay to insure the sheikhdom’s bonds versus those of …

Business

Ten years on: Three personal finance lessons from the crash

People forget. Or tend to have very short memories. But if there’s one event that seems to be burned into our consciousness, it’s the financial …

Finance

'Perfect storm of issues' leaving Aussies on verge of mortgage crisis

Expensive property markets, soaring levels of household debt and predatory lending practices have come under fire with experts warning thousands of …

Australian News

FTSE 100 jumps back into positive territory; pound slips back below $1.29 ahead of borrowing figures

• FTSE 100 pushes back into the green as the gloomy mood on stock markets begins to lift; European stocks also record strong early rises<br>• Pound slips back below $1.29 ahead of public sector borrowing figures and CBI industrial orders data<br>• Doorstep lender Provident Financial has plummeted 48pc on the …

BHP Billiton

Complications Arise in the Housing Recovery

Market showing signs of strain from the steady climb of rental costs and home prices<p>The U.S. housing market continues to improve, extending gains that began not long after the economy bottomed out in the wake of the financial crisis. But the pace of improvement is slowing and cracks are starting to …

Real Estate

7 signs the stock market is ready to run smack into a wall

MARKET EXTRA<p>The stock market’s relentless rally to records may soon be facing a key test.<p>A number of indicators point to a steady, halting …

S&P 500 Index

June Quarter GDP To See Modest Recovery At 6.6%: Nomura

India is expected to see a modest recovery in GDP growth at 6.6 per cent for the April-June quarter as compared to 6.1 per cent in January-March, …

Reserve Bank of India

Italy, France, Germany ask EU to boost powers to block foreign acquisitions -reports

MILAN (Reuters) - Italy, France and Germany have asked the European Commission to reinforce existing regulations that allow EU states to block …

World Economy

Google memo completely misses how implicit biases harm women

Workplace biases are back in the national conversation, thanks to the recent memo by a Google employee. The memo’s author challenges the company’s …

Gender

September market correction showing up in stock charts

Technical analysts see warning signs that the much anticipated correction may be on its way, possibly in September.<p>JPMorgan's Jason Hunter said the …

S&P 500