Yuan steadies around 4-mth high, markets weigh possible easing measures

Breadcrumb Trail Links PMN Business Article content SHANGHAI — China’s yuan steadied around a four-month high against the dollar on Thursday, underpinned by Financial Post Top Stories Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc. By clicking on the sign up button you consent to … Read more

Supreme Court likely to weigh these issues on student loan relief

Protesters calling for student debt relief demonstrate outside the Republican National Committee’s Washington, D.C. offices on Nov. 18, 2022. Paul Morigi | Getty Images Entertainment | Getty Images With President Joe Biden‘s sweeping student loan forgiveness plan on hold, tens of millions of Americans who borrowed for their college education remain in the dark about … Read more

Nasdaq, S&P, Dow kick off 2023 on a sour note as Apple, Tesla weigh on stocks

Spencer Platt Wall Street’s major indices on Tuesday slid in the first trading session of the new year, weighed down by losses in energy stocks along with a dip in shares of Apple and Tesla. By mid-day, the tech-heavy Nasdaq Composite (COMP.IND) was down 1.28% to 10,332.11 points. The benchmark S&P 500 (SP500) was lower … Read more

Credit Suisse Hits New Low as Investors Weigh Outflow Damage

(Bloomberg) — Credit Suisse Group AG fell to a fresh record low as investors weighed the impact of the massive outflows the bank reported this week and news that rivals in the key growth market of Asia are benefiting from the Swiss firm’s troubles. Most Read from Bloomberg Shares of the lender declined as much … Read more

US stocks open higher as investors weigh slower Fed rate rises

US blue-chip stocks rose on Friday as investors took heart from a dovish set of Federal Reserve minutes published earlier in the week. The benchmark S&P 500 opened up 0.1 per cent in early trade in New York as the market reopened following the Thanksgiving break. The tech heavy Nasdaq Composite was down 0.3 per … Read more

Glazers weigh up Manchester United sale

Manchester United’s US owners are considering selling the English football club, potentially making it the latest prestigious team in the lucrative Premier League to go on the market in recent months. The Glazer family confirmed on Tuesday that they were searching for outside investments and would consider the sale of the north-western football club at … Read more

CVR Energy to weigh potential nitrogen fertilizer spinoff (NYSE:CVI)

BanksPhotos/E+ via Getty Images CVR Energy (NYSE:CVI) +2% post-market Monday after saying it will explore a potential spinoff of its interests in the nitrogen fertilizer business, which is owned by CVR Energy through the general and limited partner interests it holds in CVR Partners (NYSE:UAN). The potential spinoff would create a new public company for … Read more

How to handle the losses, confidence collapse. Experts weigh in.

The downfall of crypto exchange FTX and its founder Sam Bankman-Fried (SBF) has been described as the “Lehman Brothers” moment of cryptocurrency. Its demise is impacting other cryptocurrency platforms as investors and customers rush to retrieve their money. In continuation of our series, “What to do in a bear market,” Yahoo Finance spoke to crypto … Read more

Republican Jewish Coalition: GOP elites weigh Trump — and the alternatives — at high-profile Vegas gathering

CNN — Former President Donald Trump is set to address the influential Republican Jewish Coalition on Saturday, days after becoming the first declared GOP candidate of the 2024 presidential campaign. But the chandeliered ballroom at the opulent Venetian resort hotel in Las Vegas will teem with his rivals – including potential chief nemesis Florida Gov. … Read more