Bond Yields Hit Two-Year High As Stocks End Lower
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January 19, 2022
First American News LLC: Raleigh, NC: U.S. stock indexes fell Tuesday, and bond yields hit two-year highs as investors fretted over whether the Federal Reserve will raise interest rates more quickly and aggressively than expected, …
Oil Prices Are Hotter Than Ever Despite Geopolitical Tensions
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January 19, 2022
First American News LLC: Raleigh, NC: Crude prices rose to their highest level since the 2014 shale-induced oil crash, a milestone in a rally that is gathering momentum as geopolitical tensions threaten to knock supply, …
Microsoft Stock Jumps Following Acquisition of Video Game Activision Blizzard
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January 19, 2022
First American News LLC, Raleigh NC: Electronic Arts, Ubisoft shares rise following the disclosure of the planned deal. Investors piled into videogame stocks Tuesday after Microsoft Corp. said it plans to acquire Activision Blizzard Inc. …
Credit Suisse Chairman António Horta-Osório Quits Over Covid Breach. The Stock Is Down.
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January 18, 2022
First American News LLC: Raleigh, NC: Credit Suisse Chairman António Horta-Osório has resigned just nine months into the role after breaching Covid-19 quarantine rules. His abrupt departure follows an internal investigation commissioned by the board, …
Warren Buffett missed out on $10 billion in gains by dumping Wells Fargo stock — but he probably doesn’t regret cashing out
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January 17, 2022
First American News LLC: Raleigh, NC: Warren Buffett’s Berkshire Hathaway missed out on about $10 billion of gains by dumping its Wells Fargo stock in 2020 and early 2021. The famed investor’s company-owned 346 million …