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John Malone says he’s buying hard assets like housing in bet on currency devaluation

19.11.2020

Liberty Media Chairman John Malone told CNBC that hard assets look attractive as the unprecedented coronavirus stimulus is poised to lead to a depreciation in currencies. “We’ve survived this [pandemic] because …

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Finance

Stocks making the biggest moves in the premarket: Macy’s, L Brands, Sonos, Jack In The Box & more

19.11.2020

Take a look at some of the biggest movers in the premarket: Macy’s (M) – The retailer lost 19 cents per share for its latest quarter, smaller than the 79 …

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Finance

Chinese streaming and mobile gaming company releases rap video with quarterly results

19.11.2020

People visit the video platform Bilibili stand during the 2020 China Digital Entertainment Expo & Conference (ChinaJoy) at Shanghai New International Expo Center on July 31, 2020 in Shanghai, China. …

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Finance

UK watchdog warns fintech start-up hyped by Instagram influencers may be a scam

19.11.2020

A logo for the Financial Conduct Authority (FCA). Chris Ratcliffe | Bloomberg | Getty Images LONDON — A British financial technology start-up that paid social media influencers to generate hype …

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Finance

Xi says China won’t seek to ‘decouple,’ pledges to cut tariffs

19.11.2020

Chinese President Xi Jinping, also general secretary of the Communist Party of China CPC Central Committee and chairman of the Central Military Commission on Oct. 10, 2020. Ju Peng | …

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Finance

Market ‘tug-of-war’ with Covid-19 may limit downside, $7.2B money manager says

19.11.2020

Money manager Kevin Nicholson believes downside is limited for the S&P 500 through next month. Nicholson, who’s co-chief investment officer of global fixed income at RiverFront Investment Group, blames the …

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Finance

Stocks making the biggest moves midday: TJX, Lowe’s, Boeing, Target, Tesla & more

19.11.2020

CEO: Carol MeyrowitzCompany value:  $33.309 billionCarol Meyrowitz joined TJX in 1983, eventually becoming president in 2005. She joined its board of directors the following year. TJX operates more than 2,900 …

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Finance

Google moves into Venmo and bank territory with checking accounts and updated payment app

18.11.2020

Google is moving deeper into consumer finance. The tech giant will let users open bank accounts, pay friends and manage budgets through a new version of its Google Pay app …

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Finance

Jamie Dimon lashes out at ‘childish behavior’ from Congress amid deadlock over coronavirus relief

18.11.2020

JPMorgan Chase CEO Jamie Dimon criticized lawmakers for a monthslong deadlock over a second round of coronavirus relief to help unemployed Americans and struggling businesses as the pandemic deepens. “I …

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