How much money does the world owe China? | Counting the Cost

China has been rapidly rolling out its Belt and Road Initiative to build new roads, ports and rail lines in mostly developing nations, extending the country’s reach across continents. China says the infrastructure will benefit countries while critics say China is extending unfair influence over others. Many nations have been rethinking their involvement amid accusations … Read more How much money does the world owe China? | Counting the Cost

MIT Professor’s Moderna Stake on Brink of Topping $1 Billion

Another early investor of Moderna Inc. is on the cusp of owning a stake worth at least $1 billion after the biotech firm reported encouraging early trial results for an experimental Covid-19 vaccine. The value of board member Bob Langer’s 3.2% holding, including stock options, rose to $934.3 million Monday, as the shares surged 20% … Read more MIT Professor’s Moderna Stake on Brink of Topping $1 Billion

S&P 500 climbs in April after dismal March

Dramatic U.S. monetary and fiscal stimulus and hopes for an economic revival powered markets forward. Insights via @CME Group : https://openmarkets.cmegroup.com/quicktake?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm QUICKTAKE ON SOCIAL: Follow QuickTake on Twitter: twitter.com/quicktake Like QuickTake on Facebook: facebook.com/quicktake Follow QuickTake on Instagram: instagram.com/quicktake Subscribe to our newsletter: https://bit.ly/2FJ0oQZ Email us at quicktakenews@gmail.com QuickTake … Read more S&P 500 climbs in April after dismal March

Charts that Count: why the market ignores the layoffs

The S&P 500 is almost 30 per cent off its lows despite 22m US initial jobless claims; the FT’s US finance editor Robert Armstrong tries to resolve this apparent contradiction. See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132 ► Check out our Community tab for … Read more Charts that Count: why the market ignores the layoffs

Walton Family’s Wealth Climbs to $165.7 Billion With Recession-Resilient Walmart

The fortunes of the Walton family — the pioneers of American bargain shopping — have reached new heights during a pandemic that has otherwise obliterated trillions of dollars of value across global markets. The combined net worth of siblings Alice, Jim and Rob Walton has climbed 2.6% this year to $165.7 billion as recession-wary shoppers … Read more Walton Family’s Wealth Climbs to $165.7 Billion With Recession-Resilient Walmart

Citi’s Levkovich Cuts S&P 500 Year-End Forecast Again to 2,700

Mar.30 — Tobias Levkovich, Citigroup U.S. equity strategist, talks about why he’s dropping his forecast for the S&P 500 index again, how different economies can recover from the coronavirus crisis, and dropping oil prices. He speaks with Bloomberg’s Vonnie Quinn and Romaine Bostick on “Bloomberg Markets.”