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Don't give up on a Santa Claus rally just yet — even after a rough December start for stocks
Investors may still get the “Santa Claus rally” they had hoped for, even though stocks have struggled to gain momentum so far in December.
Best Buy, Macy's, and Kohl's add fees to holiday returns
Major retailers, including Best Buy, Macy’s, Marshall's, and JCPenney, are now charging fees on holiday returns, affecting shoppers nationwide.
US stock futures rise as investors hold out hope for a Christmas rally
U.S. stock futures gained Sunday, ahead of the holiday-shortened trading week and as investors cling to hopes of a “Santa Claus rally” still to come.
Yen wallows near record low to euro as BOJ keeps cautious tone after rate hike
The yen languished near a record low to the euro on Monday, after Bank of Japan Governor Kazuo Ueda stuck to his usual cautious rhetoric following an interest rate hike on Friday. The Japanese
Asia-Pacific markets trade higher as investors assess China's key lending rate decision
Hong Kong's Hang Seng index futures were at 25,843, higher than the HSI's last close of 25,690.53. Asia-Pacific markets climbed Monday as investors parsed China's central bank's decision to keep its
Gold hits all-time high, propelled by US rate-cut hopes, safe-haven appeal
Spot gold surged to a record high of $4,383.73 per ounce on Monday, lifted by expectations of further U.S. Federal Reserve rate cuts after last week's quarter-point reduction, sustained safe-haven
Permira, Warburg-led consortium to acquire Clearwater Analytics in $8.4B deal
Singapore state-owned investor Temasek is also part of the deal to acquire the fintech software company, while investor group Francisco Partners is supporting the acquisition.
Yen bears emboldened by no-surprises BOJ
A vague outlook from Bank of Japan Governor Kazuo Ueda on Friday has given investors the nerve to add to their bets against the yen, which could soon put Japan's currency back at uncomfortably low
A middle-class family’s only option: A $43,000 health insurance premium
Consumers are left with few options and crushing prices as insurers offering Affordable Care Act plans pull out of some regions.
China keeps benchmark lending rates steady for a seventh straight month despite weak economic data
The People's Bank of China kept its 1-year and 5-year loan prime rates unchanged at 3% and 3.5% respectively, holding them for a seventh straight meeting.
Oil rises amid growing US.-Venezuela tensions
Oil rises in the early morning Asian session amid growing U.S.-Venezuela tensions that may lead to supply disruptions. The U.S. boarded a Panamanian-flagged oil tanker on Saturday that had been
Asian currencies consolidate amid subdued data flow
We judge that an improving global economic outlook will weigh on the USD in the coming months,” CBA’s Global Economic & Markets Research said.
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