Tag: finance

With the economic sanctions by the U.S. and its allies crimping the Russian economy, you may want to avoid stocks with an exposure to Russia. Or you may want to do it simply for moral reasons, given the country’s war on Ukraine. But you may not have to do anything: U.S. companies don’t do a…

2/2 © Reuters. FILE PHOTO: Plastic letters arranged to read “Sanctions” are placed in front the flag colors of U.S. and Russia in this illustration taken February 28, 2022. REUTERS/Dado Ruvic/Illustration 2/2 WASHINGTON/LONDON (Reuters) -The U.S. Treasury Department has advised U.S. money managers that Washington’s sanctions on Moscow bar any secondary market purchases of debt…

2/2 © Reuters. FILE PHOTO: The Maersk Line container ship Maersk Batam sails in the Bosphorus, on its way to the Mediterranean Sea, in Istanbul, Turkey August 10, 2018. REUTERS/Murad Sezer 2/2 By Andrea Shalal WASHINGTON (Reuters) -The World Bank on Tuesday slashed its global growth forecast by nearly a third to 2.9% for 2022,…

© Reuters. FILE PHOTO: The facade of Argentina’s Central Bank is pictured in the financial district of Buenos Aires, Argentina December 7, 2021. REUTERS/Agustin Marcarian BUENOS AIRES (Reuters) – Analysts consulted by Argentina’s central bank raised their inflation estimate for the South American country for 2022 to 72.6%, 7.5 percentage points above the previous month’s…

As you’re surely aware, stocks have hit the skids this year, with the S&P 500 dropping 14% year to date, thanks to roaring inflation, soaring bond yields and the war in Ukraine. But the jump in yields has drawn individual investors to Treasury bonds. Treasury yields have hit their highest levels since 2018. The 10-year…

© Reuters. FILE PHOTO: The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, U.S., January 26, 2022. REUTERS/Joshua Roberts/File Phot By Mike Dolan LONDON (Reuters) – Markets may be missing the mix. As financial…

Data on new cars and trucks help economists gauge consumer spending. Canva ContentsWhat Are Auto Sales?When Are Auto Sales Released?How Are Auto Sales Compiled?Why Are Car and Truck Sales Important?New Car Sales vs. Used Car Sales DataWhat Is the Correlation of Auto Sales to GDP?What Is the Trend in Car and Truck Sales?What Are Auto…

By Jason Hovet and Jan Lopatka PRAGUE (Reuters) – The Czech treasury is looking at adding a new euro-denominated bond this year and issuing treasury bills in euros for the first time, taking advantage of its debt being newly accepted as collateral in European Central Bank operations, the country’s debt chief said on Tuesday. Separate…

Many economists and investors expect the economy to slow down as the Federal Reserve continues to raise interest rates. The would likely spark a slowdown in advertising.  Wells Fargo analysts looked at how such a decline would affect about 20 stocks with meaningful ad revenues among media/entertainment companies, ad agencies, TV broadcasters, cable TV operators…

© Reuters. FILE PHOTO: A view of the city skyline and River Nile from Cairo tower building in the capital of Cairo, Egypt December 5, 2019. REUTERS/Amr Abdallah Dalsh/File Photo CAIRO (Reuters) – Egypt’s net external debt climbed by $8.1 billion in the fourth quarter of 2021, central bank data showed on Sunday. Egypt had…