BEAVERTON, July 1 -- Nike reported a profit in its fiscal fourth quarter that beat Wall Street's expectations by a wide enough margin to move the stock after hours. Most of the beat came from a single... Read More
WASHINGTON, July 1 -- The rules the Securities and Exchange Commission uses to govern exchange-traded funds were written in 2019. The industry they were meant to oversee now holds more than $16 trilli... Read More
New Delhi, July 1 -- NEW YORK - For more than two years, the single most important fact in the Bitcoin market was that Strategy Inc. would never sell. On Tuesday, it did. Strategy Inc. MSTR disclosed... Read More
New Delhi, June 29 -- The Indian rupee had done something it had not managed in four months: it was winning. Through most of June, the currency held at 84.3950 against the dollar - a first monthly gai... Read More
New Delhi, June 29 -- a flight to safety, a bid for the haven. On Sunday, as fresh US-Iran strikes rippled across the Strait of Hormuz and Iranian missiles hit American military facilities in Kuwait a... Read More
New Delhi, June 29 -- "We're gonna need more charts." CoinDesk reported that Strategy's unrealized loss alone exceeds the market capitalization of hundreds of individual cryptocurrency tokens. It sit... Read More
BEIJING, June 29 -- China's central bank injected 300 billion yuan into the financial system on Monday and deliberately said nothing about what it charged to do so. That silence was not an omission. I... Read More
New Delhi, June 28 -- The Social Security payroll tax stops at $176,100. A nurse or factory worker pays 6.2 percent on every dollar of wages through December; a portfolio manager whose salary clears t... Read More
New Delhi, June 28 -- NEW YORK - Microsoft sits 31% below the peak it reached last October. Michael Burry, whose 2008 mortgage short made him the defining contrarian trade of that era, just bought cal... Read More
New Delhi, June 28 -- WASHINGTON - The man who taught Kevin Warsh what it means to run the Federal Reserve died last week, and the timing was almost too pointed to be accidental. Alan Greenspan, who s... Read More