Stocks near new highs on hopes of US-China trade truce and prospect of Fed rate cuts

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Stocks near new highs on hopes of US-China trade truce and prospect of Fed rate cuts

Stocks were on pace to set a new record Thursday on a strong signal that the Federal Reserve stands ready to cut interest rates and hopes for a truce in the U.S.-China trade war. But the broad market pulled back after hitting a new intraday high – a sign, some …
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QuadrigaCX founder transferred customers' money to his own accounts: report

The accounting firm investigating the unseemly demise of Canada's QuadrigaCX cryptocurrency exchange is accusing the company's late founder of
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Kroger's Latest Earnings Don't Change Weak Operating Story

The supermarket chain continues to trail industry peers in the race to satisfy consumers’ multichannel shopping desires. Demitrios Kalogeropoulos. (TMFSigma). Jun 20, 2019 at 10:52AM. Kroger (NYSE:KR) investors weren’t expecting great news from the …
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Russia Squeezing Embattled Venezuela for Tax-Free Gas Expansion

Since 2014, Rosneft has loaned about $6.5 billion to Venezuela in exchange for oil, according to data compiled by Bloomberg. Petroleos de
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Global LNG producers see cost risks looming over next wave of projects

SYDNEY, Australia — Construction delays and cost blowouts could hit the next wave of liquefied natural gas projects as there are a limited number of contractors able to handle the huge projects, three developers say. Around US$200 billion in projects across …
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