Intel plans to sell $15 billion worth of stock after it has risen 400% in a year

Credibility is everything for Kevin Warsh. Congressional hearings this week showed how hard it will be for the new Federal Reserve chairman to keep it. Warsh had few, if any, major slip-ups amid intense questioning from Democrats — and supportive commentary from Republicans — in back-to-back days of testimony before the House and Senate on…

For resource-rich developing countries, decades of resource extraction have produced income concentration, economic dependency, external vulnerabilities, and the weakening of other productive sectors. Achieving broad-based prosperity requires a new approach, one which leverages South-South cooperation to build green industries. DAKAR/RIO DE JANEIRO—For five centuries, raw materials have flowed out of Africa and Brazil at…

China’s Services Purchasing Managers’ Index (PMI) declined to 50.4 in July from 54.1 in June, the latest data published by RatingDog showed on Wednesday. This figure came in weaker than the market expectations of 53.7.  Market rection to China’s RatingDog Services PMI At the time of writing, the AUD/USD pair is down 0.05% on the day at 0.7047….

Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. The S & P 500 and Nasdaq Composite were up on Monday, building on strong gains last week . The 30-stock Dow , however, traded lower after briefly surpassing…

The USD/CHF retraced on Tuesday, down 0.16%, as the US Dollar weakened amid improved risk appetite, driven by renewed hopes of a US-Israel peace deal to open the Strait of Hormuz. The pair trades below 0.8100. USD/CHF Price Forecast: Technical outlook After falling below a support trendline connecting the lows of June and mid-July, the…