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Dollar Down, Investors Digest Surprise PBOC Benchmark Cut

Dollar Down, Investors Digest Surprise PBOC Benchmark Cut

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J.P. Morgan CEO Jamie Dimon remarked that there could be "six or seven" interest rate hikes in 2022.
IMF Chief Georgieva Tells Creditors on Debt Restructuring: ‘Get It Done’

IMF Chief Georgieva Tells Creditors on Debt Restructuring: ‘Get It Done’

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"Why would they participate if it takes forever, and during that time, they are still expected to service debt?" she said.
ECB Likely to Keep Buying Bonds Through 2022; Could Resume PEPP – Report

ECB Likely to Keep Buying Bonds Through 2022; Could Resume PEPP – Report

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As a result, bond purchases under the 1.85 trillion euro Pandemic Emergency Purchase Programme (PEPP) will end next March.
U.S. Cyber Monday Sales Top $7 Billion – Adobe Data

U.S. Cyber Monday Sales Top $7 Billion – Adobe Data

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Adobe expects shoppers to spend between $10.4 billion and $11.1 billion.
Food, Gas Prices Pinch Families as Inflation Surges Globally

Food, Gas Prices Pinch Families as Inflation Surges Globally

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The recent pickup in inflation has caught business leaders and economists around the world by surprise.
SME Trade Finance Company Drip Capital Raises $175 Million To Expand Domestic, International Businesses

SME Trade Finance Company Drip Capital Raises $175 Million To Expand Domestic, International Businesses

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The latest round takes the company’s total investment to around $525 million in a mix of equity and debt.
Facebook Earnings Top $9 Billion, but Apple Change Puts Sales in the Hot Seat

Facebook Earnings Top $9 Billion, but Apple Change Puts Sales in the Hot Seat

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Facebook’s revenue misses expectations, as does its forecast for sales, as CFO says Apple’s new iOS policy will cause ‘headwinds’.
Panasonic Hopeful of Robust Festive Sales, To Invest Rs 300 Crore Under PLI Scheme

Panasonic Hopeful of Robust Festive Sales, To Invest Rs 300 Crore Under PLI Scheme

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The company was also planning to invest Rs 300 crore to manufacture compressors and heat exchangers under the country’s PLI scheme.
Ark Invest's Cathie Wood on Robinhood: Payment for Order Flow Won't Change It

Ark Invest’s Cathie Wood on Robinhood: Payment for Order Flow Won’t Change It

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The founder, CEO, and CIO of Ark Invest said in an exclusive interview on Yahoo Finance Live that Robinhood is currently a 1% holding for her firm.
Western Union to Resume Money-transfer Services to Afghanistan

Western Union to Resume Money-transfer Services to Afghanistan

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The money-transfer firm suspended services in Afghanistan two weeks ago after the Taliban captured Kabul.

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