A December interest rate hike is on the table and investors have been frantically reallocating their portfolios in anticipation of the announcement. The probability of an interest rate hike at the December 14th FOMC meeting, according to action in the futures market, is currently implied at 95.4%. The image below shows the latest probabilities from CME Group’s Fed Watch Tool
The fourth quarter of 2016 was the first quarter since the second quarter of 2014 that Macau’s gaming market grew at all. And the signs of life have given new hope to gaming investors with exposure to the world’s biggest gaming market.
But Las Vegas Sands Corp. (NYSE:LVS) may not have had as strong a quarter as competitors like Melco Crown Entertainment Ltd (NASDAQ:MPEL) and Wynn....More>>>
As the end of the year nears, companies will start to report their end of the year numbers giving investors the opportunity to find value for their portfolios in 2017. Earlier this week, Nordson Corporation (NASDAQ:NDSN) released its numbers for the fourth quarter of its 2016 fiscal year. The machinery company, with market capitalization of just under $6.00 billion, specializes in a variety of manufacturing....More>>>
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Kiplinger’s spoke with Maya MacGuineas (pictured below), president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt, about what it would take to solve the U.S. debt problem. Here’s an excerpt from our interview:
See Also: What Trump and the Other Candidates Aren’t Talking About
How serious is our debt problem? As a share of....More>>>
Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
A power outage hit the CES consumer electronics show in Las Vegas, dimming the lights in one of the main convention halls hosting demonstrations from the likes of LG Electronics Inc. and Samsung Electronics Co.
“There is an isolated power outage at the Las Vegas Convention Center. W
In Lahore and Karachi, American flags were burned in front of TV cameras after President Trump’s decision on Jan. 4 to withhold $2 billion of security aid from Pakistan to punish it for allegedly harboring terrorists. The country’s government issued angry statements claiming no ins