- The Independent
UK government should consider making childcare more affordable to tackle declining birth rates, says think tank
Experts hope that the expanded child tax credit could help more families access social programs
- Reuters Videos
While much attention in the West has focused on how the Taliban will govern, for many Afghans, like Mahil Agha, the main priority is simply to survive. The 37-year-old lives in Bagrami, a neighborhood in Kabul where many displaced or poor people live, along with his wife, mother and seven children. "In the previous government of Ashraf Ghani, we were helped during the winter, we were given winter wood and oil, but so far we have not been helped." Agha's mother added that the children were in a "bad situation" without clothing or blankets and the family is struggling every day. In another part of the Afghan capital, resident Suleiman said the economic situation in the country has deteriorated."Business is down. Everywhere you see people are miserable, business is not happening at all, people's livelihoods have been cut and people's economic situations are very bad."17 trucks loaded with food aid arrived at the Torkham border crossing on Sunday (September 19) from the Pakistani city of Peshawar. The aid, including flour, cooking oil, sugar and rice, was donated by the NGO Pak-Afghan Cooperation Forum or PACF. Even as some aid is trickling into the country, poverty and hunger have spiraled since the Taliban takeover, according to U.N. Secretary-General Antonio Guterres. He added that Afghanistan is on "the verge of a dramatic humanitarian disaster."The World Food Program has warned food may run out by the end of this month, pushing up to 14 million people to the brink of starvation.
IPO market braces for 14 deals this week — including payment processor Toast — unless Evergrande woes send issuers scurrying
The U.S. initial public offering market is bracing for another busy week with 14 deals on tap, unless fears of contagion from a possible default by Chinese property giant Evergrande lead issuers to postpone plans.
DiDi Global Inc (NYSE: DIDI) co-founder and President Jean Liu has told some close associates she plans to exit the company, Reuters reports based on company sources. The Goldman Sachs Group Inc (NYSE: GS) veteran holds a 1.6% stake worth $640 million and controls 23% of the vote. Liu sees the government taking control of DiDi and appointing new management. Liu even told her close associates to start exploring new opportunities. Liu was an essential part of DiDi's critical decisions, including A
Equities globally are in tumult, and volatility is rising sharply—Peter Boockvar, editor of the Boock Report and CIO of Bleakley Advisory Group, joins financial reporter Dion Rabouin to provide his perspective on further market action this week as investors’ fears surrounding Chinese property developer Evergrande intensify. Boockvar also discusses weakening sentiment among home builders and what that says about ongoing inflationary pressure on the economy. Want to submit questions? Drop them right here on the Exchange: http://thai453.tw.rvtv.io/2ZabcSV
ConocoPhillips announced Monday that it is raising its quarterly dividend 7%, from 43 cents a share to 46 cents a share.
- Yahoo Finance
Seventeen-year-old Dylan Jin-Ngo became fascinated with the stock market when he was in sixth grade. Now the Huntington Beach teen spends much of his free time teaching other kids about markets.
Shares of Confluent Inc. (NASDAQ: CFLT) traded today at $67.50, eclipsing its 52-week high. Approximately 945,000 shares have changed hands today, as compared to an average 30-day volume of 587,000 shares. Over the past year, Confluent Inc. has traded in a range of $42.31 to $67.50 and is now at $66.46, 57% above that low. Confluent Inc. is a new category of data infrastructure designed to connect all the applications, systems, and data layers of a company around a real-time central nervous syst
DEEP DIVE An expected bond default by real estate company China Evergrande Group led to an early tumble for U.S. stocks Monday. The Dow Jones Industrial Average (DJIA) was down 1%, while the S&P 500 Index (SPX) fell 1.
- FX Empire
E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Weak Under 33826, Strong Over 34132
The direction of the December E-mini Dow Jones Industrial Average into the close on Monday is likely to be determined by trader reaction to 33826.
(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergThe Global Housing Market Is Broken, and It’s Dividing Entire CountriesMerkel’s Legacy Comes to Life on Berlin’s ‘Arab Street’Istanbul Turns Taps on Old Fountains, Joining Global Push for Free DrinksIs There Room for E-Scooters in New York City?Amazon, Microsoft Swoop In on $24 Billion India Farm-Data TroveHungary’s soaring price growth is leaving the central ban
(Bloomberg) -- Energy companies and the U.K. government will hold a third day of crisis talks as a surge in gas and electricity prices threatens to put more suppliers out of business and squeeze consumers.Business Secretary Kwasi Kwarteng warned Sunday that with suppliers under pressure, the government has a plan to put a special administrator in place in the event of companies’ failure. He’s convened a discussion with the energy industry on Monday to chart a path forward. The meeting comes afte
- The Wall Street Journal
U.S. stock futures are up, suggesting markets are poised to rebound a day after concerns about China’s property sector helped fuel a global selloff in stocks and commodities. Uber Technologies rose 3.9% before the bell. The ride-hailing firm said it expects to reach a measure of profitability in the current quarter, months earlier than previously expected.
Soaring gas prices that threaten to push up winter fuel bills, hurt consumption and exacerbate a near-term spike in inflation are another blow to a world economy just getting back on its feet after the coronavirus shock. So high are tensions that several European Parliament lawmakers have demanded an investigation into what they said could be market manipulation by Russia's Gazprom. Analysts say it's too early to downgrade economic growth forecasts but a hit to economic activity looks inevitable.
Learn a simple forex trading strategy that uses multiple moving averages (MAs) and is designed to create low-risk, high-reward trading opportunities.
- FX Empire
The early direction of the USD/JPY on Monday is likely to be determined by trader reaction to 109.938.
NEW YORK (Reuters) -Investors unnerved by the fallout from heavily indebted Chinese real estate company Evergrande were gauging the potential for a wider shakeout after a selloff hit stocks around the world. For now, many U.S.-based investors believe there is little chance that the woes of Evergande, China’s second-largest property developer, could morph into a systemic crisis reminiscent of the 2008 collapse of Lehman Brothers. Still, with valuations on U.S. equities stretched on a historical basis and an unwind of the Federal Reserve’s easy money policies looming, some worry that a sudden drop in risk appetite could leave global markets vulnerable to a broader selloff.
- The Wall Street Journal
Possible offering comes amid surging demand for web hosting and other cloud services after the pandemic pushed businesses and consumers to accelerate the adoption of digital communication to interact.
- FX Empire
GBP/USD is testing the support level at 1.3690.