Business

By Kevin Buckland TOKYO (Reuters) – Asian stocks rallied and the dollar reached a fresh seven-week peak on the yen on Monday after blowout U.S. labour data dispelled fears of a recession and spurred a sharp paring of rate-cut bets. Short-term U.S. Treasury yields rose after the closely watched non-farm …

(Bloomberg) — Most Asian stocks are set to open higher in early trading after strong US jobs data underscored the health of the world’s largest economy and boosted soft landing hopes. Most Read from Bloomberg Australian shares and Japan equity futures rose while contracts in Hong Kong slipped. US contracts …

Semiconductor stocks have been some of the biggest winners from the red-hot artificial intelligence (AI) race. Among higher-profile chip companies is Intel (NASDAQ: INTC), which recently won a deal worth up to $3 billion with the U.S. Department of Defense (DOD). Let’s dig into this deal and how it’s playing …

(Reuters) -Rio Tinto, has made an approach to buy lithium miner Arcadium, the two parties said in separate statements on Monday, without revealing any financial details. “The approach is non-binding and there is no certainty that any transaction will be agreed to or will proceed,” Rio said in its statement. …

David Kelly, chief global strategist, JPMorgan Asset ManagementJPMorgan Asset Management Indexes have soared on strong economic data and a big rate cut from the Fed. Yet, as markets eye a soft landing, potential shocks pose a higher risk to investors, David Kelly says. He says Americans should dial back risk …

(Bloomberg) — The “no landing” scenario – a situation where the US economy keeps growing, inflation reignites and the Federal Reserve has little room to cut interest rates – had largely disappeared as a bond-market talking point in recent months. Most Read from Bloomberg It only took a blowout payrolls …

A version of this post first appeared on TKer.co The stock market climbed to all-time highs, with the S&P 500 setting a closing high of 5,762.48 on Monday. For the week, the S&P rose 0.2% to end at 5,751.07. The index is now up 20.6% year to date and up …

Family and money don’t always mix well, as Dave Ramsey made clear when Philip from Washington, D.C., called in with a tough situation. Two years earlier, Philip’s mother borrowed $7,000 from him – half of his savings – to invest in Bitcoin. Fast forward to 2020 and the investment didn’t …

The Federal Reserve’s pivot to lower interest rates will have ripple effects throughout the economy and send investors looking for passive income to new places. As yields fall in vehicles like high-yield savings accounts, investors could turn to high-quality, high-yield dividend stocks. Consumer spending and healthcare are two pillars of …

Oil may get another run as liquid gold. Crude (CL=F) futures surged 9% last week — its biggest weekly gain since March 2023 — driven by escalating tensions in the Middle East. Israel’s vow to retaliate against Iran’s missile attack has prompted more traders to bet on $100 oil, pushing …