by Bloomberg.com | Oct 11, 2023 | alerts, Markets/Economy
Walt Disney Co. is raising ticket prices at its Disneyland resort by up to 9% and lifting annual pass prices at Walt Disney World by as much as 10%. The new prices take effect immediately, the company said Wednesday. Rising prices are a touchy issue at Disney, which...
by Bloomberg.com | Oct 4, 2023 | alerts, Markets/Economy
Bill Gross, co-founder and former chief investment officer at Pacific Investment Management Co., said stocks are “clearly overvalued” and that bond yields would need to fall “significantly” to justify current valuations. In an investment outlook published Wednesday,...
by Bloomberg.com | Oct 4, 2023 | alerts, Markets/Economy
Japan likely refrained from intervening in foreign exchange markets to prop up the yen late Tuesday, according to a calculation based on projected central bank figures and estimates by private money brokers. Unlike last year’s massive yen buying operations in...
by Bloomberg.com | Oct 2, 2023 | alerts, Markets/Economy
Borrowing costs soared by largest amount in nearly two decades S&P 500 profitability continues to decline from 2022 peak Rising rates are starting to weigh on US corporate profits and if they stay higher for longer it may upend a historical trend, according to...
by Bloomberg.com | Sep 28, 2023 | alerts, Markets/Economy
Crude futures notch best quarterly gain since March 2022 Global stocks monthly selloff is worst since last September Optimism in the markets faded as traders were left to contend with the prospect of a government shutdown and interest rates staying put at their...
