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Level of consumer confidence in the US is unexpectedly the highest in 18 years

In September the level of consumer confidence in the US unexpectedly rose to the highest in 18 years, Bloomberg reports referencing to C

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Profitability of family offices last year was 15,5%

Profitability of family offices last year was 15,5%, which is higher than 7% in 2016 and 0,3% a year earlier, Bloomberg reports referenc

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US housing market has stalled, and home builders are feeling that

US housing market has stalled, and home builders are feeling that, Bloomberg reports.

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Oil is traded at highest level in 4 years: Market News

Shares in Europe are growing after mixed session in Asia. Index Stoxx Europe 600 gained 0,3% after slow start. British FTSE is up 0,2%.

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Michael Kors is close to buying Versace

Handbag maker Michael Kors Holdings Ltd.

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Copper falls due to new escalation of US-China trade tensions

Copper prices have been falling for two days in London and lost more than 2% already amid new escalation of trade conflict between Washi

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New S&P 500 sector made successful debut

New communication services index of S&P 500, which includes such big names as Facebook, Alphabet and Netflix, had its debut on Monda

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Porsche will not be offering diesel versions of its cars anymore

Porsche, unit of Volkswagen, will not be offering diesel versions of its cars anymore, Reuters reports.

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