August 8, 2016
Earlier today we learned that Walmart Inc. is purchasing e-commerce startup Jet.com for $3.3 billion. One of the stipulations for the deal is that Jet.com founder Marc Lore would stay on to run Walmart’s online retailer division. When Jet.com was launched in 2015 the company was said to be the Amazon killer. While that hasn’t […]
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September 10, 2013
The dollar lost ground on Friday on the heels of the Labor Departments release of a slightly worse than expected employment report, which allowed bond prices to rally, reducing yields across the interest rate spectrum. The data eroded the value of the greenback, which saw interest rate differential move in favor of the yen and […]
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