3 things you need to know about the tumbling euro

The euro hit a 12-year low vs the dollar Wednesday, continuing a dramatic slump for the single currency. It’s the biggest story in the financial markets today (so far at least) so here are three things you need to know about the tumbling Euro: #1: The dollar bears were dead wrong. The dollar hasn’t just […]

Full Story »

El-Erian: Here’s the big problem for investors

As many signs point to a Federal Reserve rate increase later this year, Mohamed El-Erian said there is now a major problem facing investors. El-Erian, chief economic advisor at Allianz (XETRA: ALV-DE), told CNBC’s “Fast Money: Halftime Report” on Monday that “the main issue facing a lot of investors today” is whether to chase the […]

Full Story »

Data brings more focus on timing of U.S. rate hike

By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stock investors may be bracing for further signs next week that the Federal Reserve could increase interest rates sooner rather than later, with retail sales expected to rebound after two straight months of declines. A pickup in retail sales could show consumers are benefiting from sharply lower […]

Full Story »

Cuban: Tech bubble worse now than 15 years ago

Today’s technology bubble is worse than the one that burst 15 years ago, according to billionaire entrepreneur Mark Cuban . Overvalued tech companies today are mostly private rather than publicly traded, he wrote in a Wednesday blog post. That distinction makes torrents of funding more dangerous for investors, Cuban contended. “Back then the companies the […]

Full Story »

US running out of room to store oil; price collapse next?

NEW YORK (AP) — The U.S. has so much crude that it is running out of places to put it, and that could drive oil and gasoline prices even lower in the coming months. For the past seven weeks, the United States has been producing and importing an average of 1 million more barrels of […]

Full Story »

ECB braces for QE as others shift rates

By Philip Blenkinsop BRUSSELS (Reuters) – Greek funding and quantitative easing in Europe, an expected rate cut in Australia and the buoyant U.S. labor market are set to be the focus of an economic week dominated by a host of central bank meetings. Greece may have secured an extension of its bailout last week, but […]

Full Story »

Hamm: My big fat divorce check ‘got the job done’

Oil tycoon Harold Hamm told CNBC on Friday his nearly $1 billion check to ex-wife Sue Ann Arnall helped put his divorce “in the rearview mirror.” “That became a famous check. But it got the job done,” the founder of Continental Resources (CLR) said in a ” Squawk Box ” interview. Arnall, Hamm’s wife of […]

Full Story »

TJ Maxx, Marshalls to follow Wal-Mart in raising pay

NEW YORK (AP) — The owner of T.J. Maxx, Marshalls and Home Goods stores said Wednesday that it will boost pay for its U.S. workers to at least $9 per hour. The announcement by TJX Cos. comes a week after Wal-Mart Stores Inc. said it would increase wages for its employees and is a sign […]

Full Story »

Don’t look to Nasdaq 5000 to find the ‘silly’ in tech investing

On its return trip to 5000, the Nasdaq Composite reflects little of the silliness of its first visit 15 years ago. That’s partly because the frothiest investments in Silicon Valley are in private companies whose value isn’t captured in the index, which once was the barometer of the hyper-growth tech economy. The Nasdaq’s climb to […]

Full Story »

Janet Yellen’s got some explaining to do

Federal Reserve Chair Janet Yellen has a few fences to mend. That’s because the normally chummy relationship the U.S. central bank has with Wall Street hit a bump last week when minutes from the Open Market Committee’s most recent meeting left room for confusion about the Fed ‘s path forward. Where the market thought the […]

Full Story »
Page 2 of 422«123456»102030...Last »

Categories

Archives

Advertisement

Advertisement

Call Now: 866-945-4215