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Wall Street drops as high-flying tech stocks retreat

YoopyaMarch 3, 2021June 17, 2023

by YoopyaMarch 3, 2021June 17, 2023016

The Nasdaq ended sharply lower on Wednesday after investors sold high-flying technology shares and pivoted to sectors viewed as more likely to benefit from an...

Business Money

Billionaire Musk’s net worth zooms past Warren Buffett’s – Bloomberg News

YoopyaJuly 11, 2020June 14, 2023

by YoopyaJuly 11, 2020June 14, 2023035

Elon Musk’s net worth soared past Warren Buffett on Friday as the chief executive officer of Tesla Inc (TSLA.O) became the seventh richest person in...

Economy Markets

After Wall Street pares losses, Stocks are mixed and oil plunges

YoopyaApril 20, 2020June 14, 2023

by YoopyaApril 20, 2020June 14, 2023037

Stocks are mixed in midday trading after Wall Street trimmed its sharp losses from earlier in the morning following another collapse in oil prices. The...

Business Economy

Urgent question from small businesses: When will aid arrive?

YoopyaApril 1, 2020June 14, 2023

by YoopyaApril 1, 2020June 14, 2023043

When will the money arrive? That’s the urgent question for small business owners who have been devastated by the coronavirus outbreak. They’re awaiting help from...

Business Markets News

Markets want Fed to save them. Why its tools might not work.

YoopyaMarch 1, 2020June 15, 2023

by YoopyaMarch 1, 2020June 15, 2023018

As stocks around the world tumble on worries about a fast-spreading virus, investors have been clamoring for the superheroes of the financial world to ride...

Business Markets News

Stocks fall on Wall Street, head for worst week since 2008

YoopyaFebruary 28, 2020June 14, 2023

by YoopyaFebruary 28, 2020June 14, 2023022

U.S. stocks fell sharply Friday and were on track for their worst week since October 2008 as the spreading coronavirus threatens to derail the global...

Business Economy News

Chinese central bank to pump $173 bln to economy in virus boost

YoopyaFebruary 2, 2020June 14, 2023

by YoopyaFebruary 2, 2020June 14, 2023030

China’s central bank said Sunday it would pump 1.2 trillion yuan ($173 bln) into the economy as it ramps up support for a nationwide fight...

Business Markets News

Samsung Electronics flags 56% fall in Q3 operating profit

YoopyaOctober 8, 2019May 29, 2023

by YoopyaOctober 8, 2019May 29, 2023019

Samsung Electronics said on Tuesday it expected operating profits to drop more than 50 percent in the third quarter as it struggles with a long-running...

Africa Business Economy Finance News

West African Finance Ministers Inch Closer to Single Currency

YoopyaJune 20, 2019February 27, 2023

by YoopyaJune 20, 2019February 27, 202302416

West African finance ministers and central bank governors agreed on technical issues surrounding the creation of a single currency for the Economic Community of West...

Business

Pink diamond sells for more than $50M, setting world record

YoopyaNovember 14, 2018June 3, 2023

by YoopyaNovember 14, 2018June 3, 202306

Christie’s sold the Pink Legacy diamond at auction Tuesday for more than $50 million including fees, saying it’s a new world record price per carat...