Denver’s most expensive mansion lists for $28,888,888

Denver’s most expensive mansion lists for ,888,888

A multi-tiered sundeck connects the main house on the right to a poolside structure on the left both overlook a 75-foot lap pool. Nate Polta A modern residence just outside of Denver listed Monday for $28,888,888, which makes it the most expensive home for sale in the metro area.  According to co-listing agent Jared Blank, … Read more

Google shuts down Translate service in China

Google shuts down Translate service in China

Google pulled its search engine from China in 2010 because of heavy government internet censorship. Since then, Google has had a difficult relationship with the Chinese market. The end of Google Translate in China marks a further retreat by the U.S. technology giant from the world’s second-largest economy. Budrul Chukrut| SOPA Images | LightRocket | … Read more

10-year and 2-year Treasury yields fall as traders await PMI data

10-year and 2-year Treasury yields fall as traders await PMI data

The yields on the 10-year and 2-year Treasurys fell on Monday as markets began a new quarter and investors looked ahead to the release of Purchasing Managers’ Index (PMI) data for the manufacturing sector. The benchmark 10-year Treasury was down 1 basis point to 3.7926% at around 4:30 a.m. ET. The yield on the policy-sensitive … Read more

Credit Suisse is not about to cause a Lehman moment, economist Sri-Kumar says

Credit Suisse is not about to cause a Lehman moment, economist Sri-Kumar says

Worries are mounting over Credit Suisse’s financial health — but that doesn’t mean markets are headed toward a “Lehman moment,” said the president of Sri-Kumar Global Strategies. “I think the Federal Reserve is going to have to face the consequences of a credit event” if it were to occur, Komal Sri-Kumar told CNBC’s “Squawk Box … Read more

Strategists on stocks and how investors should trade the volatility

Strategists on stocks and how investors should trade the volatility

September has historically been a seasonally weak month for stocks, and the market’s performance over the past month has certainly burnished that reputation. Hawkish comments from key Federal Reserve officials have further compounded market nervousness at a time when investors are anxiously weighing their next move. Cleveland Federal Reserve President Loretta Mester said last week … Read more

Where to find value in ETFs

Where to find value in ETFs

Market volatility is back, and stocks are getting hit. That’s why buying an exchange-traded fund could be a better bet, according to one investment pro. “The great thing about ETFs is that you’re not picking one stock. You’re not picking that one winner or one loser, you’re picking a basket, you are buying a theme … Read more

British pound jumps as UK government U-turns on cut to top tax rate

British pound jumps as UK government U-turns on cut to top tax rate

U.K. Chancellor Kwasi Kwarteng outside 10 Downing Street. Britain will cap the cost of electricity and gas for businesses. Rob Pinney | Getty Images News | Getty Images LONDON — The British pound rose sharply Monday morning as the U.K. government reversed its planned scrapping of the top rate of income tax. “It is clear … Read more

European stocks, markets, earnings, data and news

European stocks, markets, earnings, data and news

British pound jumps on reports UK government will U-turn on cut to top tax rate The British pound jumped on Monday morning on reports that the U.K. government will reverse plans to scrap the top rate of income tax. Sterling gained 0.8% against the dollar to trade at around $1.1250 shortly after 7 a.m. London … Read more

Credit Suisse seeking to assure investors amid financial concerns: FT

Credit Suisse seeking to assure investors amid financial concerns: FT

A Swiss flag flies over a sign of Credit Suisse in Bern, Switzerland FABRICE COFFRINI | AFP | Getty Images Credit Suisse executives are in talks with the bank’s major investors to reassure them amid rising concerns over the Swiss lender’s financial health, the Financial Times reported, citing people involved in the discussions. One executive … Read more

How Deere plans to build a world of fully autonomous farming by 2030

How Deere plans to build a world of fully autonomous farming by 2030

Can John Deere become one of the leading AI and robotics companies in the world alongside Tesla and Silicon Valley technology giants over the next decade? That notion may seem incongruous with the general perception of the 185-year-old company as a heavy-metal manufacturer of tractors, bulldozers and lawnmowers painted in the signature green and yellow … Read more