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Asian markets mostly lower in quiet trading ahead of Biden-Xi meeting
HONG KONG — Shares edged lower Monday in quiet trading in Asia ahead of a meeting this week between U.S. President Joe Biden and Chinese leader Xi Jinping.…
Schwab’s Unrealized Bond Losses Widened to $19.4 Billion. Why It Matters.
Charles
Schwab’s
unrealized losses in a key part of its large bond portfolio widened in the third quarter to $19.4 billion as interest rates rose. Investors should…
Fashion mogul Peter Nygard found guilty of 4 counts of sexual assault
Former fashion mogul Peter Nygard was found guilty of four counts of sexual assault in a Toronto court on Sunday, following a six-week trial.…
Disney’s ‘Marvels’ Opening Box Office Sales Disappoint
Walt
Disney’s
latest movie The Marvels failed to deliver at the box office in its opening weekend, bringing in $47 million domestically. The…
Stocks Are Poised to Fall
Stocks are poised to fall in New York on Monday ahead of a week that includes a race by lawmakers on Capitol Hill to pass a stopgap government funding bill…
Lawmakers Have Just Days to Avert Federal Shutdown
Lawmakers return to Capitol Hill on Monday with just days left to pass a stopgap funding measure that will keep the government from shutting down on Friday.…
‘The Marvels’ struggles at box office on opening weekend
“The Marvels” finished No. 1 at the box office in its opening weekend but grossed just $47 million in domestic sales, according to studio…
Powell made a big statement this week after bond yields slid. Here’s why
Bond yields have been doing a lot of the heavy lifting for the Federal Reserve by helping keep inflation in check — but that’s coming back to…