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markets-trade-war

Markets brace for prolonged trade war

The trade war is officially back on, with the United States and China both refusing to give even an inch, causing investors worldwide to lose big as markets face their worst May in nearly...
Binance Hacked Exchanges Threatened

Binance loses $41 million as exchanges grapple with growing threat from hackers

Binance, one of the world's biggest cryptocurrency exchanges, fell victim to a major data breach on Sunday evening. The "security breach" as Binance is reporting it, led to 7,000 bitcoin being taken from the exchange...
Petrobras Hedge Fund

Petrobras gets hedge fund bump despite production woes

Petrobras, Brazil's state-owned oil giant, missed out on production marks in the first quarter, but that hasn't kept hedge funds from making some big bets on the business' stock price. Petroleo Brasileiro SA's oil output...
Trade Deal

Trump lights a fire under China as trade deal fails to materialize

U.S. President Donald Trump has increased the pressure on Beijing to bring an end to the ongoing trade war, threatening to ramp up tariffs if a trade deal is not made by the end...
mega-cartel-oil

A New Mega-Cartel That Could Rattle Oil Markets

As Iran remains defiant in the face of U.S. sanctions, India and China, the worlds second and third largest oil buyers, are contemplating a potential move which could counter the U.S.' pull on global...
Fed Interest Rates

Will the Fed ignore Trump’s call to slash interest rates?

The Fed is facing fresh criticism from U.S. President Donald Trump following a two-day conference where the body is anticipated to announce a new decision relating to interest rates. The U.S. Federal Reserve is expected...
India China Oil Markets

India, China could form mega cartel in oil markets

As Iran remains defiant in the face of U.S. sanctions, India and China, the worlds second and third largest oil buyers, are contemplating a potential move which could counter the U.S.' pull on global...
WeWork IPO

WeWork eyes IPO with help from SoftBank

Co-working behemoth WeWork, otherwise known as the We Company, has filed confidential documents for its IPO with the Securities and Exchange Commission on Monday. WeWork noted that its modified IPO registration with the U.S. Securities...
Elon Musk Tesla

Tesla earnings report shakes investor sentiment

Tesla has just posted its first-quarter earnings, and shareholders aren't impressed, weighing on the company's stock price as markets opened. Though Tesla boss Elon Musk had prepared Wall Street for a Q1 loss, analysts were...
Millennials Buying Art

Millennials are buying art, but not for the reason you’d expect

Millennials are reshaping the world one beloved institution at a time, and their latest investment trend is taking the art scene by storm. More young people, especially those in the mid-20s to mid-30s are engaging...