FOX Business Flash top headlines for March 11 Here are your FOX Business Flash top headlines for March 11. Oil prices are lower, likely weighed by the latest COVID-19 developments in China, ING says. "The rising number of cases has seen the city of Shenzhen go into lockdown," the Dutch bank points out. "This will raise concern over the potential […]
Read moreCharles Payne: Don’t be lulled into bailing out of this market FOX Business host provides advice for investors on ‘Making Money.’ Investors are gearing up for another busy week as market volatility continues due to rising inflation and the ongoing Russia-Ukraine conflict. The Dow Jones Industrial Average fell 230 points or 0.7% on Friday, while the S&P 500 lost 1.3% […]
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After markets closed Thursday, electric truck maker Rivian reported a wider-than-expected loss and lower-than-expected revenue, topped off with a downside outlook for both production and revenue. Shares opened more than 6% lower Friday morning. DocuSign opened down nearly 20% after matching profit estimates and beating on revenues. Guidance for the current quarter and the full year came in below expectations, […]
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HOUSTON (Reuters) – U.S. regulators are warming to approving new domestic sources of electric vehicle battery metals, as Washington bids to avoid a reliance on strategic minerals imports similar to that on crude oil.FILE PHOTO: Wheel loaders fill trucks with ore at the MP Materials rare earth mine in Mountain Pass, California, U.S. January 30, 2020. REUTERS/Steve MarcusU.S. Energy Secretary […]
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While most of the attention this past week has been focused on the conflict between Ukraine and Russia, the real problem for investors is the mounting inflation pressures that are at the highest levels in over 40 years. To make the situation worse, the Federal Reserve has been tardy to the party, and the coming interest rate hikes, while desperately […]
Read moreFOX Business Flash top headlines for March 10 Here are your FOX Business Flash top headlines for March 10. Oil was trading higher Friday morning in a week that saw wild swings in price. U.S. benchmark crude added $1.20 to reach $107.27 per barrel after falling Thursday by $2.68 to reach $106.02 per barrel. GET FOX BUSINESS ON THE GO […]
Read moreBiden administration blames Putin for skyrocketing gas prices ACU Foundation senior fellow Mercedes Schlapp discusses the Biden administration’s response to rising gas prices and how Americans are not buying into the blame Putin narrative on ‘Fox Business Tonight.’ Skyrocketing inflation rates are costing the average American household $296.45 in extra expenses, according to a recent analysis. Ryan Sweet, a senior […]
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Semiconductor stocks included in the PHLX Sox index have dropped by about 17% for the year to date, with the semiconductor capital equipment (SCE) makers’ stocks dropping by 25%. That downturn for the equipment makers comes despite growing backlogs, a clearer view of what to expect in the second half of this year and projected expenditures of around $100 billion […]
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Negotiations between the foreign ministers of Russia and Ukraine have begun in Turkey. The talks failed to produce anything except another chance for both sides to reiterate their opening positions. According to a Bloomberg report, Ukraine’s foreign minister Dmytro Kuleba said that Russian foreign minister Sergei Lavrov indicated that his country will “continue attacks until its goals are met”: The […]
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