Feb 19, 2024 | Markets
Anticipation was mounting for Switch successor debut this year Nintendo has said current Switch remains its main business Nintendo Co. shares tumbled by as much as 8.8% after game-makers were told the company was pushing back the launch of its Switch successor to the...
Feb 17, 2024 | Markets
A surge in travel over Lunar New Year bodes well for sentiment Chinese shares in Hong Kong, US jumped while mainland was shut Chinese stocks look poised for a strong open when onshore traders return from the Lunar New Year break, with buoyant travel and tourism data...
Feb 16, 2024 | Markets
Goldman’s Garrett spots ‘SPX 5k’ hats, rush for call options BofA’s financial stress indicator hits lowest level since 2021 Remember, this wasn’t supposed to happen. The era of tight money – and an uncertain inflation trajectory — threatened to deliver a big reckoning...
Feb 16, 2024 | Markets
Fed asking if lenders have done enough to brace for bad loans Central bank steps up pace of issuing findings and downgrades US regulators are “closely focused” on risks in commercial real estate loans, and have stepped up downgrades of supervisory ratings on lenders...
Feb 15, 2024 | Markets
Value of purchases dropped 0.8% in January after down revision Building material stores, auto dealers led the decline US retail sales broadly declined in January, indicating consumers took a breather after a strong holiday shopping season. The value of retail...
