The credit card group says exclusive events means the vast majority of new American Express cards are taken up by young consumers.
Solana-based Dogwifhat Faces Sharp Decline Amid Memecoin Market Slump
Dogwifhat (WIF), the fourth-largest memecoin by market capitalization,is facing a significant selloff, and has nearly erased its recent V-shaped recovery following the August 5 market crash.
Activists Bought Japan Stocks During Worst Rout Since 1987
(Bloomberg) -- Activist investors took advantage of Japan’s stock rout earlier this month to boost their holdings, seeking more influence over companies ranging from drug makers to construction firms.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for South LA, in BulkThe Cross-Continental Race Using Only Publ
Asia shares underpinned, dollar undermined by dovish Fed wagers
SYDNEY (Reuters) -Asian stocks edged up and the dollar slid on Monday after global equities enjoyed their best week in nine months on expectations the U.S. economy would dodge a recession and cooling inflation would kick off a cycle of interest rate cuts. Federal Reserve members Mary Daly and Austan Goolsbee were out over the weekend to flag the possibility of easing in September, while minutes of the last policy meeting due this week should underline the dovish outlook. Fed Chair Jerome Powell speaks in Jackson Hole on Friday and investors assume he will acknowledge the case for a cut.
As Tech Stocks Rebound, High Hedging Costs Indicate Skepticism
(Bloomberg) -- The recent rebound in US tech stocks isn’t convincing options traders just yet. Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for South LA, in BulkThe Cross-Continental Race Using Only Public TransitWhile the shares have led market gains since a meltdown earlier this month, the cost of contrac
Watch These Atlassian Price Levels as Stock Regains Momentum
Shares Gained 9% Last Week
Waning Demand Set to Hit Breakneck Rally in India’s Auto Stocks
(Bloomberg) -- A sizzling rally in India’s auto shares is reversing as a build up of unsold vehicles and growing discounts by carmakers pressure profit margins.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for South LA, in BulkThe Cross-Continental Race Using Only Public TransitIndia’s NSE Nifty Auto Index i