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IMF says trade conflicts could make a sluggish global economy even worse

IMF says trade conflicts could make a sluggish global economy even worse

London (CNN Business)The global economy is still sluggish — and an improvement in 2020 is not a sure bet. That's according...
Big tech's antitrust wipeout: $33 billion erased from the value of Amazon, Apple, Facebook, and Google after DOJ announces probe

Big tech’s antitrust wipeout: $33 billion erased from the value of Amazon, Apple, Facebook,...

BI Graphics/Skye Gould The share prices of Amazon, Apple, Facebook, and Google have fallen since the US Department of Justice announced...
Foreign finance firms say they'll speed up their expansion in China after Beijing's latest moves to open up the sector

Foreign finance firms say they’ll speed up their expansion in China after Beijing’s latest...

International financial firms have vowed to speed up their expansion in mainland China after the country announced it would bring forward...
Stocks struggle, oil jumps on Middle East tensions

Stocks struggle, oil jumps on Middle East tensions

LONDON (Reuters) - European stocks lingered on Monday, hamstrung by dialled-down expectations for a larger U.S. rate cut this month, while...
Lagarde resigns from IMF — these Europeans could succeed her

Lagarde resigns from IMF — these Europeans could succeed her

International Monetary Fund Managing Director Christine Lagarde in May 2019. - Copyright REUTERS/Carlos Jasso Aa Aa International Monetary Fund (IMF) chief...
Investors are more worried than ever that a major recession or market crash is right around the corner

Investors are more worried than ever that a major recession or market crash is...

Associated Press Investors are increasingly worried about market volatility, fearing that it means a downturn is ahead, a recent survey by...
Facebook official says regulatory concerns to be addressed before Libra launch

Facebook official says regulatory concerns to be addressed before Libra launch

FILE PHOTO: Representations of virtual currency are displayed in front of the Libra logo in this illustration picture, June 21, 2019....
Hedge funds are failing left and right and billionaire investors say the carnage has only gotten started

Hedge funds are failing left and right and billionaire investors say the carnage has...

This story requires our BI Prime membership. To read the full article, simply click here to claim your deal and get...
Wall St. notches all-time highs on lingering rate-cut optimism

Wall St. notches all-time highs on lingering rate-cut optimism

NEW YORK (Reuters) - All three major indexes posted record closing highs on Friday as firm expectations for an interest-rate cut...
Here are the Dow components driving the blue-chip stock index to a 27,000 milestone

Here are the Dow components driving the blue-chip stock index to a 27,000 milestone

Bloomberg Visa Inc. has helped drive the Dow to new heights. Which company deserves the most credit for the Dow Jones...
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