Stan Choe and Christopher Rugaber, Ap Business Writers Updated 4:45 pm PDT, Thursday, June 20, 2019 Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington, Wednesday, June 19, 2019. Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington, Wednesday, June 19, 2019. Photo: Manuel Balce Ceneta, AP Photo: Manuel Balce Ceneta, AP Image 1 of / 4 Caption Close Image 1 of 4 Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington, Wednesday, June 19, 2019. Federal Reserve Chairman Jerome Powell speaks during a news conference … [Read more...] about Q&A: How can stocks cheer while bonds can’t find a friend?
How do stocks rise and fall
NEW YORK — Stocks climbed on Tuesday and clawed back a chunk of their losses from Monday’s rout, the latest whipsaw move as investors weigh just how badly the escalating US-China trade war will hurt the economy. The day’s rally was nearly a mirror image of Monday’s plunge, when the S&P 500 had its worst day since early January, just not as severe: Technology companies led the way higher after bearing the brunt of the selling on Monday, Treasury yields rose modestly and gold gave back a bit of its gains. The S&P 500 rose 22.54 points, or 0.8%, to 2,834.41. It recovered nearly a third of its loss from Monday, and would now need to rise 3.9% to regain the record it set a couple weeks ago. The Dow Jones Industrial Average rose 207.06, or 0.8%, to 25,532.05, and the Nasdaq composite index jumped 87.47, or 1.1%, to 7,734.49. Of course, stocks are still lower than they were last week, following China’s pledge to raise tariffs on U.S. goods. Stocks … [Read more...] about Stocks rise, claw back chunk of Monday’s trade-war plunge
caption Stacy Spikes. source Getty In his first major interview since being fired by the company in 2018, MoviePass cofounder Stacy Spikes opened up to Business Insider about creating the startup and what led to his exit. Spikes talked about the game-changing innovations that made MoviePass possible, including creating a geolocation mapping system from scratch in 90 days with a team of five. He spoke about the heartbreak after AMC Theatres walked away from making MoviePass a partner after a successful trial run. Spikes also explained his latest venture, PreShow, which has you watch branded content in order to go see movies for free. Visit BusinessInsider.com for more stories. Though movie-ticket subscriptions have been popular in Europe for some time, the godfather of the model in the US is MoviePass cofounder Stacy Spikes. Before MoviePass took its place in pop culture in the summer of 2017, when it dropped its monthly price to $10 a month and … [Read more...] about Ousted MoviePass cofounder Stacy Spikes breaks his silence on the startup’s whirlwind rise and crash to financial reality
the different aspects that explain how the bond market works. In this article, we will focus on understanding the bond market, how it works, and what moves it. Let us start with the basics. The Forces that Move the Bond Market When it comes to movements in the bond market, investors need to understand that expectations are in the middle of it all. Inflation and economic growth determine the payments that investors make. The payments made are fixed for a particular period of time and the expectations determine the number of payments. Yields and prices also need to be understood. As a rule, when the yields are high the prices are low and higher prices attract lower yields. This correlation is so because of the value that comes with the bond. An investor that buys a lowly-priced bond is thus promised of better yields and vice versa. The Correlation Between Interest Rates and Yields One of the most important questions that arise in the market of bonds is whether interest rates and yields … [Read more...] about A Quick Look at the Bond Market and How it Works
Jack Dorsey is talking. He is talking to the Huffington Post’s Ashley Feinberg. He is talking to The Ringer’s Bill Simmons. He is talking to Rolling Stone’s Brian Hiatt. He is talking to Sam Harris, although that podcast hasn’t come out yet. He is talking in the way Jack Dorsey always talks, which is: calmly, patiently, thoughtfully, earnestly. He can anticipate every question, because he has read his Twitter replies, and he knows what is on your mind. He will not shy away from discussing Nazis, or harassment, or filter bubbles, or smartphone addiction. Name a problem that you have encountered on Twitter, or an unintended consequence of Twitter that you worry about, and Dorsey will cop to it. He is talking, but one reason that he is talking to let you know that he is listening, too. He has been listening for a long time. In September, Mark Zuckerberg was talking. The New Yorker was profiling him, and at the time I expressed frustration at interviews about tech … [Read more...] about Twitter’s CEO keeps substituting talking for doing