Private equity firm KKR has agreed to buy health information giant WebMD in a deal valued at about $2.8 billion. Fred Katayama reports. Continue reading
The Federal Reserve inaugurates the Trump era this week with a near-certain interest rate increase. Here’s a look at the U.S. Federal Reserve’s decision-making process. Travis Hartman reports. Continue reading
Global banks expect trading volumes and volatility to spike after the U.S. presidential election, so they’re boosting staff and taking precaution. Fred Katayama reports. Continue reading
Finding a safe investment which offers a good return isn’t easy in these days of low interest rates. As a Hayley Platt reports rare first edition books are increasing attracting investor interest. Continue reading
Shares in commodity trading firms take another tumble, driving global stocks to their lowest in more than two years, as pressure built on raw materials prices and emerging markets.
(Next Media Online) – China stock markets went into complete meltdown on Tuesday and Wednesday after being in free fall since June 12.
(Reuters Business Report) – They traded everything, from corn and soybeans to crude oil futures, shouting orders and making trades. But for Chicago futures traders, as of Tuesday morning, the floor of the CME will be quiet. Open outcry ended at the closing bell on Monday, capping a 167 year run in the city where it was born.
(Reuters Business Report) – By now, you’ve probably heard that China’s stock market is swinging wildly.
Sparking panic as one of the world’s biggest economies experiments with a free market.
But what exactly is behind all of the uncertainty?