What’s behind the Dow’s current losing streak — and should investors be worried?
The Dow Jones Industrial Average fell for a ninth straight day on Tuesday, its longest losing streak since 1978.
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The Fresh Market ushers in new tech suite
The partnership with VusionGroup will equip the grocer’s stores with new ESLs and inventory management tools.
European Car Stocks Entice Bargain Hunters With 50% Discount
(Bloomberg) -- After a dismal year, shares of Europe’s automakers are finally finding some positive momentum as signs of additional Chinese stimulus draw investors to the sector’s lowly valuations.Most Read from BloombergHow California Sees the World, and ItselfThe Stoxx 600 Autos and Parts Index is up more than 4% in December, set for its best month since February, though is still down the most of any sector in the broader benchmark year-to-date. Even after the recent gains, carmakers trade at
Italy's BPM asks market watchdog to protect stakeholders after UniCredit bid
MILAN (Reuters) -Italy's Banco BPM said it has asked market watchdog Consob to adopt measures to protect the bank's stakeholders and its bid for Anima, after rival UniCredit launched its own bid for BPM. Banco BPM had complained before that UniCredit's 10 billion euro all-share bid jeopardised its buyout proposal for fund manager Anima.
BOK’s Rhee Expects Martial Law Turmoil to Hurt Economic Growth
(Bloomberg) -- Bank of Korea Governor Rhee Chang-yong said Wednesday that the ongoing political turmoil in South Korea weighs on the economy, suggesting authorities may downgrade growth forecasts and take stabilizing actions in response.Most Read from BloombergHow California Sees the World, and ItselfThere’s a high chance South Korea’s gross domestic product will grow 2.1% this year rather than 2.2% as projected earlier, Rhee said as he assessed the economic impact of the turbulence that began w
Bitcoin Takes a Breather After Doji Candle in a Cautious Pre-Fed De-Risking
BTC takes a breather after an indecisive Tuesday, as the Fed is expected to cut rates Wednesday while signaling slower easing next year.
OPEC+ wary of renewed US oil output rise under Trump, sources say
OPEC+ is wary of a renewed rise in U.S. oil output when Donald Trump returns to the White House, delegates from the group said, because more U.S. oil would further erode OPEC+ market share and hamper the producer group's efforts to support prices. OPEC+ pumps about half of the world's oil and earlier this month delayed a plan to raise output until April.