Stocks around the world this morning after the Chinese central bank announced interest rate cuts, along with lowered reserve requirements for banks to encourage banks to start lending and put a stop to the global equity selling spree. This comes a week after the same bank drastically de-valued the Yuan, sending stocks, currencies, and futures Read More…

Stocks around the world continued to lose value, over $5 trillion in value has been lost in the last 2 weeks, as investors continue to flee riskier assets after China’s currency devaluation. The move, which many have claimed was a move designed to boost exports, has caused waves all around the world. Investment to developing Read More…

Berkshire Hathaway and 3G capital took control of Kraft foods and Heinz ketchup not long ago, where efforts first focused on Heinz. After replacing most of the top-level management (and many of the juniors), Heinz also shaved thousands of jobs in an effort to cut costs. The efforts seem to have worked; it boasted some Read More…

Everyone paying attention to the news lately knows that there has been a lot of rough water over the last month or so; Gold and Oil have been tanking farther than usual, the Chinese currency devaluation rocked global markets while the Chinese stock market plummetted. Which is, coincidentally, a great time to start looking at Read More…

New data shows that housing starts hit an 8-year high in July, with a construction frenzy underway as the housing market continues on its recovery after the financial crash. Home remodeling activity has been up as well, which helped Home Depot ([htmwquote]HD.N[/htmwquote]) beat earnings estimates and see stock prices reach new heights. There have been Read More…

The world markets are still edgy after China’s currency devaluation last week, and a Fed report showing that New York area manufacturing started sliding downwards has not put any investors at ease. Commodities and stocks both started down on Monday morning, many top analysts predict the pullback will continue for a short while longer as Read More…

The European Union economy was expected to grow by about 0.4% in the 2nd quarter of this year, but researches have determined it missed the mark, coming up only at 0.3%. This may not sound like a big miss, but that tenth of a percent is a lot of money (billions of Euros of unrealized Read More…

The beginning of the week was dominated by the Chinese currency devaluation; the Chinese central bank devalued the Yuan by over 4% from Monday’s exchange rate with the US dollar over the week. However, by this morning, things have returned more-or-less to “normal” on international currency markets. The biggest fear when the devaluation was announced Read More…

Alibaba ([htmwquote]BABA[/htmwquote]) missed its earning target, driving shares farther down for the company that had the world’s largest IPO last year. The news of the Chinese commerce behemoth’s miss came just after China announced another round of currency devaluation, bringing the total drop of the Yuan to almost 4% compared to last week against the Read More…

Tuesday morning China announced an immediate 1.9% devaluation of the Yuan, surpising investors and economists around the world. Bankers around the world have long criticized China for manipulating its currency value in order to help drive exports; this sudden devaluation only strengthens those concerns. The Chinese economy has been facing slowed growth over the last Read More…

Oil Futures are down again this Monday morning after the newest reports show that the US has deployed 6 more drilling platforms, while OPEC continues record output. Countries who rely on oil exports for a significant amount of tax revenue have been pummelled; Canada is struggling to keep its promise of a balanced budget, Norway Read More…

In a game of Tit-For-Tat, Russia banned imports of most food from Western Europe last year after Europe imposed sanctions on Russia for the invasion of Crimea. However, distributors from Eastern European countries, particularly Belarus, have been trying to circumvent the ban, smuggling or re-packaging Belgian, French, and German food and shipping it to waiting Read More…

Crude oil futures and Apple stock both took a big hit on Tuesday as weak demand for oil coupled with an unexpected drop in Apple stock. The weakening of the price of Oil is somewhat expected; Summer is usually when global demand is at its highest, and with Fall approaching the markets expect demand, and Read More…

Russia is the world’s top energy exporter, extracting and selling billions of barrels of crude oil and natural gas; a huge amount of the national budget (and therefore the method of payment for social services, the military, and much more) is paid for on taxes on these fossil fuels. So there are few countries that Read More…

Facebook released its 2nd quarterly earnings yesterday, with some big shocks followed by a drop in stock prices. Facebook has grown at an almost unprecedented pace since inception, and now their growth problem is that almost everyone already has a Facebook account, so they need to target other opportunities outside their core browser application and Read More…

Barclay’s financial analysts are regarded as some of the best in the world; it is no coincidence that they are one of the most respected capital management firms around. Usually when they make a recommendation, there is a good reason. Today they have made a recommendation that came as a surprise; Google ([htmwquote]GOOG[/htmwquote]), Facebook ([htmwquote]FB[/htmwquote]), Read More…

Just a few years ago Gold was considered one of the safest investments one could make; politicians were arguing to resume backing US currency in Gold, “Cash For Gold” commercials and pawn shops sprouted up across every corner of the United States, and investors were putting more and more money into the precious metal as Read More…