Morning Bid: A JOLT of Reality for Markets
A look at the day ahead in U.S. and global markets. Trading action so far has been dominated by uncertainty […]
Zabih Ullah Khan Khattak
Author's Articles
Weak Demand for Aircraft Weighs Down US Factory Orders in November
WASHINGTON – New orders for U.S.-manufactured goods fell in November amid weakness in demand for commercial aircraft while business spending […]
Weak Demand for Aircraft Weighs Down US Factory Orders in November Read More »
HSBC Names Lisa McGeough as US CEO
On Monday, HSBC Holdings (NYSE: HSBC) named Lisa McGeough as chief executive officer and president of its U.S. operations, making […]
Fed’s Kugler, Daly Say Job Not Done on Inflation
On Saturday, two Federal Reserve policymakers said they feel the U.S. central bank’s job of taming inflation is not yet […]
Fed’s Kugler, Daly Say Job Not Done on Inflation Read More »
US Jobs Report Poses First Big Stocks Test of 2025
NEW YORK – The stock market faces its first major test of the year in the coming week, with investors […]
US Jobs Report Poses First Big Stocks Test of 2025 Read More »
US FAA to Maintain Enhanced Oversight of Boeing After Door Panel Incident
WASHINGTON – The Federal Aviation Administration’s tougher oversight of Boeing (NYSE: BA) will continue indefinitely, the agency’s outgoing head said […]
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Steelworkers Union Criticizes Nippon Steel’s Proposal for Lack of Long-Term Commitment
The United Steelworkers union expressed concerns about Nippon Steel’s latest proposal that gives the U.S. government veto power over any […]
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SoFi (NASDAQ: SOFI) Stock Plunges After KBW Downgrade on Valuation Concerns
Shares of SoFi Technologies (NASDAQ: SOFI) fell 9% on Thursday after KBW downgraded its stock on concerns over the fintech […]
SoFi (NASDAQ: SOFI) Stock Plunges After KBW Downgrade on Valuation Concerns Read More »
China Adds 28 US Entities to Export Control List
BEIJING – China has added 28 U.S. entities to its export control list to “safeguard national security and interests”, the […]
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Tesla to Fix Software for 77,650 China-Made Vehicles, Says Market Regulator
BEIJING – Tesla (NASDAQ: TSLA) will fix software in 77,650 China-made Model 3 and Model Y cars over safety hazards, […]
Tesla to Fix Software for 77,650 China-Made Vehicles, Says Market Regulator Read More »
US Stock Markets to Close on January 9 to Honor President Jimmy Carter
NEW YORK – U.S. stock exchanges will close on Thursday, January 9 in observation of a national day of mourning […]
US Stock Markets to Close on January 9 to Honor President Jimmy Carter Read More »
US Goods Trade Gap Widens in November
The U.S. goods trade deficit widened more than expected in November on a rebound in imports, clouding the picture over […]
Wall Street Closes Down After Sell-Off At End of Strong Holiday-Shortened Week
Wall Street’s holiday cheer ended abruptly on Friday, with all three main benchmarks closing lower in a broad-based sell-off affecting […]
Wall Street Closes Down After Sell-Off At End of Strong Holiday-Shortened Week Read More »
NYSE Short Interest Rose 2.4 Percent in Mid-December
NEW YORK – Short interest on the New York Stock Exchange rose 2.4 percent in mid-December, the exchange said on […]
NYSE Short Interest Rose 2.4 Percent in Mid-December Read More »
Toyota Follows Ford and GM, Donates $1 Million to Trump’s Inaugural Fund
DETROIT – Toyota Motor (NYSE: TM) of North America is donating $1 million to President-elect Donald Trump’s January 20 inauguration, […]
Toyota Follows Ford and GM, Donates $1 Million to Trump’s Inaugural Fund Read More »
Arcadium Lithium Shareholders Approve $6.7 Billion Rio Tinto Deal
On Monday, Arcadium Lithium (NYSE: ALTM) said its shareholders have voted in favor of a $6.7 billion sale to Australian […]
Arcadium Lithium Shareholders Approve $6.7 Billion Rio Tinto Deal Read More »
Nio Launches Firefly Brand to Compete with Mercedes’ Smart and BMW’s Mini
GUANGZHOU, China – On Saturday, Nio (NYSE: NIO) unveiled a lower-cost brand named Firefly that it touted as a rival […]
Nio Launches Firefly Brand to Compete with Mercedes’ Smart and BMW’s Mini Read More »
Xerox to Buy Printer Maker Lexmark from Chinese Owners in $1.5 Billion Deal
Xerox (NASDAQ: XRX), the office equipment manufacturer, has agreed to buy Chinese-owned printer and printing software maker Lexmark International in […]
Xerox to Buy Printer Maker Lexmark from Chinese Owners in $1.5 Billion Deal Read More »
US Core Capital Goods Orders Rebound; Consumer Confidence Deteriorates Amid Tariff Worries
WASHINGTON – New orders for key U.S.-manufactured capital goods surged in November amid strong demand for machinery, while new home […]
Fed’s Hammack Says Economic Strength Argued Against Rate Cut
NEW YORK – Federal Reserve Bank of Cleveland President Beth Hammack said Friday she voted against the central bank’s rate […]
Fed’s Hammack Says Economic Strength Argued Against Rate Cut Read More »
Novo Nordisk (NYSE: NVO) Shares Plunge After CagriSema Obesity Drug Trial Results Disappoint
LONDON/COPENHAGEN – On Friday, Novo Nordisk (NYSE: NVO) revealed disappointing results in a late-stage trial for its experimental next-generation obesity […]
US Equity Funds Saw Largest Net Outflows in 15 Years Ahead of Fed Decision
Investors pulled a net $50.2 billion from U.S. equity funds in the week ending December 18, according to LSEG Lipper […]
US Equity Funds Saw Largest Net Outflows in 15 Years Ahead of Fed Decision Read More »
Investors Hope for US Stock Market Trifecta in 2025 After Two Back-to-Back Boom Years
NEW YORK – Investors are expecting more gains for the U.S. stock market in 2025 after two straight standout years, […]
Investors Hope for US Stock Market Trifecta in 2025 After Two Back-to-Back Boom Years Read More »
Prax and Shell Call Off Deal on Stake in PCK Schwedt Oil Refinery
LONDON – Prax and Shell (NYSE: SHEL) have decided not to proceed with the sale of Shell’s share in the […]
Prax and Shell Call Off Deal on Stake in PCK Schwedt Oil Refinery Read More »
