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Alibaba extends losses to $26 billion in market value after the company announces big reversal of spin-off plans

Fri, 11/17/2023 - 10:00

Joseph Tsai — Reuters/Aly Song

Markets, mi-exclusive, Markets, stock-market, Alibaba, hong-kong, China

US stocks dip but head for weekly gains as bond yields continue to drop

Fri, 11/17/2023 - 09:39

Traders work on the floor of the New York Stock Exchange (NYSE) on March 28, 2023 in New York City. — Traders work on the floor of the New York Stock Exchange (NYSE) on March 28, 2023 in New York City.
Spencer Platt/Getty Images

Markets, mi-exclusive, stock-market, bond-market, markets-wrap, cpi-data, jobs-data

Warren Buffett is piling up cash because he sees a storm brewing and can't find bargains, wealth manager says

Fri, 11/17/2023 - 08:37

warren buffett — Warren Buffett.
REUTERS/Rick Wilking

Markets, mi-exclusive, Markets, Stocks, warren-buffett, berkshire-hathaway, stock-portfolio

Prepare for stocks to plummet 30% - and a recession to strike any day now, legendary market prophet says

Fri, 11/17/2023 - 06:52

gary shilling — Gary Shilling.
Bloomberg TV

Markets, mi-exclusive, Markets, Stocks, stock-market-outlook, gary-shilling, a-gary-shilling-company

Spiking mortgage rates are pricing poorer Americans out of the housing market – with a third of all homes bought in cash, Redfin says

Fri, 11/17/2023 - 05:14

Tech Insider : Economy, Economy

Home for sale sign — Over a third of homebuyers are choosing to pay all-cash, according to data from Redfin.
Getty Images

economy, Markets, economy, Markets, housing-market, house-prices, real-estate

The stock market is edging toward extremes of Great Depression and dot-com eras

Fri, 11/17/2023 - 03:30

Image of a stock trader at the New York Stock Exchange. — Equities are look historically high relative to government bonds.
Johannes Eiselle/Getty Images

Markets, mi-exclusive, Markets, stock-market-outlook, stock-market-outlook-2023, stock-market-analysis, us-stocks

Car dealership stocks tank after Amazon says it's launching online vehicle sales in 2024

Thu, 11/16/2023 - 16:07

Hyundai cars — Justin Sullivan/Getty Images

Markets, mi-exclusive, stock-market, amazon, online-car-buying, Markets, Mover

US stocks end mixed as November rally stumbles amid fresh economic data

Thu, 11/16/2023 - 16:05

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 9, 2016. REUTERS/Brendan McDermid — Traders work on the floor of the NYSE
Thomson Reuters

Markets, mi-exclusive, Markets, stock-market, stock-market-news, Production, Manufacturing

The dogecoin community is planning to launch a physical token to the moon in December

Thu, 11/16/2023 - 15:08

Tech Insider : Crypto

GettyImages 1299388392 — Dogecoin was started as a joke in 2013.
Yuriko Nakao/Getty Images

Markets, mi-exclusive, Dogecoin, memecoins, elon-musk, spacex, crypto

Russia sold 99% of its oil above the G7's price cap last month

Thu, 11/16/2023 - 14:41

Putin — Mark Kolbe/Getty Images

Markets, mi-exclusive, Markets, Russia, Moscow, russian-oil, Ukraine

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