S&P futures rebounded 0.3% from the worst two-day selloff since Sept. 2016, and European and Asian stocks rose modestly from early weakness after Trump's SOTU address did not deliver any major surprises, while traders were cautious ahead of the Fed’s last rate decision under Janet Yellen.
One source of labor already firmly embedded and becoming more important to employers are independent contractors or “freelancers”. Work on an as-needed basis and/or from a remote location is becoming more accepted and is known as the “gig economy.”
HNA is now effectively insolvent as its earnings can’t even cover its interest expenses, which according to data compiled by Bloomberg, have soared to levels topping those of any non-financial Chinese company.
Wwhat if" trade relations deteriorate despite everyone's alleged best interests, and "what if" Trump has made up his mind to "punish" China using trade regardless of the cost? Then tonight would be his best opportunity.
Wall Street M&A bankers have good reason to celebrate this bonus season: record debt-underwriting fees, driven by still-low interest rates, caused banker bonuses to swell this year.
"The inflow of $38.2 billion into bond MFs and ETFs this month through Thursday, January 25 is on track to be the highest since October 2009, driven by an estimated inflow of $32.3 billion into bond MFs."
U.S. regulators are scrutinizing one of the world’s largest cryptocurrency exchanges as questions mount over a digital token linked to its backers. This follows reports of the company severing its relationship with its auditor.
"We have been arguing since last February that iPhone demand expectations were too optimistic and that the higher price of new models would pressure unit demand. This appears to be playing out..."
...the companies said they are working toward building an independent company focused on technology solutions “that will provide [their] US employees and their families with simplified, high-quality and transparent healthcare at a reasonable cost.”
The global selloff that started on Monday, resulting in the biggest drop in US stocks since September, accelerated overnight and this morning world stocks and US equity futures are a sea of red, even as the US dollar has resumed its drop.
What mutant do you get when you combine a hawk with a swan? According to a nervous Wall Street, the answer will be revealed on Wednesday, after Janet Yellen's final FOMC meeting as Fed Chair.
