Latest World News. Find every day short and brief information composed of titles and subtitles and continue reading if interested.
Paulo Whitaker/Reuters The most prominent US and Chinese tech stocks are worth more, by market cap, than the stock markets of the eurozone and Japan. Facebook, Amazon, Apple, Microsoft, Google, Baidu, Alibaba, and Tencent are worth $ 5 trillion, according to data compiled by Bank of America Merrill Lynch. US tech stocks are worth even […]
YouTube/Xbox Microsoft could soon finish developing the next big thing in gaming. Some on Wall Street haven’t appreciated Microsoft’s gaming potential, according to Morgan Stanley analyst Keith Weiss. The gaming business is seeing a shift away from hardware and into software and streaming, which is in Microsoft’s wheelhouse. That puts Microsoft on the path to […]
BII This is a preview of a research report from Business Insider Intelligence, Business Insider’s premium research service. To learn more about Business Insider Intelligence, click here. Relative to many other sectors around the globe, the US healthcare industry has been notoriously slow to embrace new payment systems and processes. See the rest of the story at […]
The US government is spending more than earns, a trend that looks set to continue. The Congressional Budget Office (CBO) sees US public sector debt-to-GDP rising to 96% within 10 years, up from 77% at present. Westpac Bank describes this as a “troubling fiscal outlook”. The US government is spending more than it earns, a […]
The US House of Representatives and Senate have approved, at the 11th hour, a $ 1.3 trillion spending package, narrowly averting a federal government shutdown. Funds were due to run out on Friday. The bill, proposing a record increase in military funding, has been sent to President Donald Trump for enactment into law. The House […]
Alex Wong/Getty Images A $ 1.3 trillion bill to fund the U.S. government through Sept. 30 advanced in the U.S. Senate early on Friday, setting up an imminent vote on passage before the measure would go to President Donald Trump for signing into law. By a vote of 67-30, the Senate approved a procedural motion […]
Congress is racing to avoid another government shutdown on Friday. Leaders released a 2,232 page funding bill on Wednesday. While the bill would provide funding for a slew of programs, it is also notable for what it does not include. In what now seems like a monthly tradition in Washington, Congress is barreling toward a […]
Thomson Reuters In September, the Fed announced a plan to gradually wind down its massive bond purchases made during and after the financial crisis. That plan has been proceeding on schedule, despite turmoil in markets in February. The fifth month of the QE-Unwind came to a completion with the release this afternoon of the Fed’s balance […]
Retirement planning is not the sexiest topic in the world, but we all have to think about it at some point. And it is a significant business. Depending on which research firm you quote, we’re talking about a $ 36 trillion to $ 50 trillion global market. The problem with retirement plans is that investments […]
Yield spreads are getting wider. Safer bonds are no longer attractive. The market is pricing in inflation, and rightly so. Sunday, the Washington Post highlighted the fact the US government is anticipated to issue $ 1 trillion in new bonds just as the desire to hold safe assets is declining due to synchronized global growth. The question […]
