Markets > Economy

Global smartphone market shrinks almost 9% in 2020 - report

Global smartphone market shrinks almost 9% in 2020 - report

2 hours ago   |   RT

Worldwide shipments of smartphones tumbled nearly nine percent last year as the coronavirus pandemic took its toll on the global economy, according to analysis by Digitimes...
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Retail Sales Fall Again

21 hours ago   |   Crossing Wall Street   |   7 articles

This morning, the Commerce Department said that retail sales fell 0.7% in December. Wall Street was expecting the number to be unchanged. This is the second monthly decline in...
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Barclays says buy these 8 conviction stocks set to gain with the reflation trade in 2021 - including one that could rally 76%

Barclays says buy these 8 conviction stocks set to gain with the reflation trade in 2021 - including one that could rally 76%

1 day ago   |   Business Insider   |   3 articles

Summary List Placement The UK market could offer cheap opportunities for investors looking to play the reflation trade as the economy recovers over the course of 2021...
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CAR on California December Housing: Sales up 28% YoY, Active Listings down 47% YoY

1 day ago   |   Calculated Risk   |   2 articles

The CAR reported: California housing market ends year on high note as sales continue strong in December and median price reaches another record high, C.A.R. reports Despite a...
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Asia-Pacific Weekly Highlights and Preview: 15 January, 2021

1 day ago   |   Economy   |   4 articles

China's economy powered ahead in 2020.
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Morning News: January 15, 2021

1 day ago   |   Crossing Wall Street   |   2 articles

The UK Economy Is on the Brink of a Double-Dip Recession After It Shrank 2.6% in November Amid Surging COVID-19 Cases Unemployment Claims Rise Sharply, Showing New Economic...
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CWS Market Review - January 15, 2021

CWS Market Review - January 15, 2021

1 day ago   |   Crossing Wall Street

“There is only one boss. The customer. And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else.” - Sam Walton For the...
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Crossbeam raises $25M to back startups built on ‘platform economies'

1 day ago   |   Tech Crunch

While many venture capitalists might hope to fund the next Amazon or Shopify, Crossbeam is a new firm focused on backing the startups built on top of these platforms. And it...
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December wholesale prices up 0.3% with sharp jump in energy

1 day ago   |   Chron   |   9 articles

WASHINGTON - U.S. wholesale prices rose 0.3% in December led by a the biggest jump in energy costs since June. The Labor Department reported Friday that the gain in its...
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US stock futures fall and bonds and dollar rise as investors give muted response to Joe Biden's $1.9 trillion stimulus plan

1 day ago   |   Business Insider   |   3 articles

Joe Biden on Thursday unveiled a $1.9 trillion stimulus plan, but US stock futures dipped on Friday morning Matt Slocum/AP US stock futures fall despite Joe Biden unveiling a...
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Retail Sales decreased 0.7% in December

Retail Sales decreased 0.7% in December

On a monthly basis, retail sales decreased 0.7 percent from November to December , and sales were up 2.9 percent from December 2019. From the Census Bureau report : Advance... Read more ...

Bumble files to go public

Bumble files to go public

The dating and networking service Bumble has filed to go public. The company, launched by a former co-founder of the IAC-owned Tinder , plans to list its share on the Nasdaq... Read more ...

Cryptocurrency salaries revealed: From $60,000 to $400,000, here's how much...

Cryptocurrency salaries revealed: From $60,000 to $400,000, here's how much you could earn working in crypto - and actual job listings at Coinbase, Facebook, PayPal, and more

Summary List Placement Much like the currencies themselves, jobs in the crypto world are growing. An analysis by job search engine Monster found that job postings with the... Read more ...

Playtika skyrockets 34% after raising $1.88 billion in IPO

Playtika skyrockets 34% after raising $1.88 billion in IPO

Summary List Placement Shares of Playtika soared as much as 34% on Friday, giving the mobile game-developer a valuation of almost $15 billion in its first day of trading on the... Read more ...

Barclays says buy these 8 conviction stocks set to gain with the reflation...

Barclays says buy these 8 conviction stocks set to gain with the reflation trade in 2021 - including one that could rally 76%

Summary List Placement The UK market could offer cheap opportunities for investors looking to play the reflation trade as the economy recovers over the course of 2021... Read more ...

JPMorgan's 4th-quarter earnings smash forecasts as trading revenues soar

JPMorgan's 4th-quarter earnings smash forecasts as trading revenues soar

Summary List Placement JPMorgan reported fourth-quarter earnings on Friday. The banking giant posted a 42% rise in net income, driven by its release of $2.9 billion in credit... Read more ...

Bitcoin slides back below $35,000 as volatile trading week comes to a close

Bitcoin slides back below $35,000 as volatile trading week comes to a close

Summary List Placement Bitcoin slid on Friday as investors took profits from the volatile trading week. The cryptocurrency fell as much as 11%, to $34,409.04, at intraday... Read more ...

COO and cofounder of Southeast Asia's most valuable startup, Grab, shares...

COO and cofounder of Southeast Asia's most valuable startup, Grab, shares how the company grew from a ride-hailing service to a 'super app'

Chief Operating Officer and cofounder of Grab Grab Tan Hooi Ling is the cofounder of Grab, an 8-year old company now considered to be Southeast Asia's most valuable... Read more ...

'I don't believe that we've really left the recession yet': Bond king Jeff...

'I don't believe that we've really left the recession yet': Bond king Jeff Gundlach lays out the 2 risks that investors should watch nearly a year into the pandemic - and shares the 4 components of a balanced, winning portfolio

Summary List Placement Wall Street is bullish about the year ahead, but bond king Jeff Gundlach thinks the US is still in a recession. "I don't believe that we've really left... Read more ...

These are the 4 big stock market implications of Joe Biden's upcoming...

These are the 4 big stock market implications of Joe Biden's upcoming agenda, NDR says

Summary List Placement Democrats' imminent control of Congress and the Presidency later this month will have big implications for the stock market, Ned Davis Research outlined... Read more ...