Tag: Stocks and Bonds

WeWork Delays I.P.O. After Chilly Reception From Investors

WeWork, the shared office space giant, was able to gain the backing of some of the world’s top investors, but it received a much colder reception when it tried to pitch its shares on Wall Street. Facing deep skepticism about its business model and corporate governance, the company has delayed its initial public offering by […]

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WeWork Pushes Back I.P.O. After Chilly Reception From Investors

WeWork, the office-space giant whose finances and corporate governance have drawn skepticism from some potential investors, has now suggested that it may not go public for another few months. The company had been expected to hold its initial public offering within weeks. But in a statement released late Monday night, WeWork’s parent, the We Company, […]

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Oil Prices Expected to Remain Elevated After Attack on Saudi Arabia

HOUSTON — Fixing the damage done by the drone attack on the Saudi oil processing plant may be the easy part. The hard part will be calming energy markets, where oil prices have jumped faster than at any time in over a decade. The attack on Saudi Arabia’s Abqaiq plant, which accounts for 5 percent […]

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Treasury Considers 50-Year Bonds as Deficit Tops $1 Trillion

WASHINGTON — The Trump administration may begin issuing 50-year “ultralong” bonds next year as the government seeks new ways to finance ballooning deficits and tries to take advantage of low interest rates. Treasury Secretary Steven Mnuchin said on Thursday that he had been studying whether there was sufficient market demand for a 50-year bond, which […]

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What People Say About the Economy Can Set Off a Recession

When will the next recession arrive? Economists are evaluating such factors as President Trump’s endlessly shifting tariff policy, the monetary policy of the Federal Reserve and other central banks, and such “leading indicators” as the yields in the bond market. It is good to look at these things. They provide insights about the state of […]

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Hong Kong Stock Exchange Offers to Buy Its London Counterpart

Hong Kong’s stock exchange operator said on Wednesday that it was offering to purchase the parent company of the London Stock Exchange in a deal that, if completed, would value the British company at nearly $37 billion. Hong Kong Exchanges and Clearing Limited said in a news release that a combination with the London Stock […]

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Markets Soar on News of China Talks, but Hopes for Progress Are Low

WASHINGTON — President Trump’s decision to renew talks with China in the coming weeks sent financial markets soaring on Thursday, as investors seized on the development as a sign that both sides could still find a way out of an economically damaging trade war. The rally sent the S&P 500 up more than 1 percent, […]

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WeWork Parent Considers Reducing Valuation Before I.P.O.

The parent company of WeWork, the fast-growing operator of so-called co-working spaces, is considering selling shares in an initial public offering at a significant discount to its valuation from earlier this year, according to two people familiar with the situation. The We Company is now in talks to value itself at $20 billion to $30 […]

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WeWork Is Going Public. Are Its Numbers Too Private?

There’s a lot that the world’s hottest real estate company isn’t telling us as it prepares for its stock market debut. When WeWork released the paperwork this month for its initial public offering, investors finally had a chance to see how the company might be performing. WeWork is spending billions of dollars upfront to build […]

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While Wall St. Talks of Recession, Bond Investors Make a Killing

For stock investors, the trade war has been nothing but trouble. For bond investors, it’s been a dream. Unable to stomach turbulence driven by the escalating conflict between China and the United States, and leery of a darkening outlook for the economy, investors have been pulling money out of the stock market and buying bonds, […]

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Asian Stocks Drop as the U.S.-China Trade War Worsens

BEIJING — Asian markets opened broadly lower on Monday after a tumultuous weekend of events that further clouded prospects for a foreseeable end to the trade war between the United States and China. Stocks in Hong Kong, where weekend clashes between the police and anti-government demonstrators grew increasingly violent, opened more than 3 percent lower. […]

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Nissan Got Rid of Carlos Ghosn. The Way It Did So May Prove Costly.

After the arrest last year of its chairman, Carlos Ghosn, Nissan has made a very public accounting of its management failures, from a lack of strong internal checks and balances to board meetings that lasted only 20 minutes. That frankness may play well with the Japanese public and with prosecutors, who have charged the company […]

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A Gyrating Economy, and Trump’s Volatile Approach to It, Raise Alarms

BIARRITZ, France — President Trump has again tossed out the economic and political playbook that guided other occupants of the Oval Office for generations as the United States dominated the flow of goods and services across the world. In the space of a few hours, he declared that his own central bank chief was an […]

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Stocks Dip After China Announces Retaliatory Tariffs on U.S. Goods

Wall Street stocks dipped and major European indexes fell on Friday after Beijing said it would answer President Trump’s next round of tariffs on Chinese goods by increasing tariffs on American imports, the latest sign that the trade war between the two countries could drag on. Dow Jones industrial average and S&P 500 futures had […]

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Why Isn’t Your Mutual Fund Sticking Up for You?

Growing inequality and stagnant wages are forcing a much-needed debate about our corporate governance system. Are corporations producing returns only for stockholders? Or are they also creating quality jobs in a way that is environmentally responsible, fair to consumers and sustainable? Those same corporations recognize that things are badly out of balance. Businesses are making […]

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How Shareholder Democracy Failed the People

Democracy is a messy thing. Shareholder democracy may be even messier. For nearly a half-century, corporate America has prioritized, almost maniacally, profits for its shareholders. That single-minded devotion overran nearly every other constituent, pushing aside the interests of customers, employees and communities. That philosophy was rooted in an idea that has an air of nobility […]

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A Year of Stock Market Fury, Signifying Nearly Nothing

Despite wild swings stemming from the trade war, gains over the last 12 months have been tiny. #g-market-12-months-box .g-artboard { margin:0 auto; } #g-market-12-months-box p { margin:0; } .g-aiAbs { position:absolute; } .g-aiImg { display:block; width:100% !important; } .g-aiSymbol { position: absolute; box-sizing: border-box; } .g-aiPointText p { white-space: nowrap; } #g-market-12-months-300 { position:relative; overflow:hidden; […]

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London Exchange Is Delayed by Technical Problem

LONDON — The opening of markets in London was delayed on Friday as the London Stock Exchange struggled with a technical issue, a representative of the exchange said. Trading, which should have started at 8 a.m., was pushed until 9:40 a.m. as the exchange tried to determine the cause of the problem. The company said […]

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From Trump Boom to Trump Gloom

Last year, after an earlier stock market swoon brought on by headlines about the U.S.-China trade conflict, I laid out three rules for thinking about such events. First, the stock market is not the economy. Second, the stock market is not the economy. Third, the stock market is not the economy. But maybe I should […]

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Stocks Whipsaw as Traders Face Conflicting Trade War Signals

Stocks in the United States rose on Thursday after a sharp decline the day before, as upbeat economic data and a conciliatory statement from the Chinese government eased investors’ anxiety about the impact on global growth of the trade war between the two countries. The positive signs included an increase in retail sales in the […]

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