This index shows enthusiasm for the economy is getting out of hand
While Federal Reserve Chairman Jerome Powell talks up the strength of the U.S. economy, growth expectations appear to have gotten a little out of hand. Wednesday’s report that GDP increased 2.5 percent in the fourth quarter — a notch lower...
Amazon-coin? Most customers would use a cryptocurrency if online retailer creates one: Survey
As Amazon continues its rapid expansion into groceries, health care and more, it may next want to disrupt the banking system, new research indicates. More than half of Amazon shoppers would embrace using an Amazon-created cryptocurrency on the site, according...
Why Volatility is the Norm When Trading the British Pound
Trading GBP Learn how to trade like an expert by reading our guide to the Traits of Successful Traders A professional bank trader once told this writer: “Nobody ever lost money selling the Pound”. As with many financial-market maxims it...
Gun stocks close at multiyear lows after Trump tells lawmakers to raise purchase age
Shares of gun makers Sturm, Ruger & Co. and American Outdoor Brands — formerly Smith & Wesson — fell to multiyear lows Wednesday after Dick’s Sporting Goods announced that it will no longer sell assault-style rifles and President Donald Trump...
Hawkish Powell Raises Hopes For Four Rate Hikes This Year
While mainly maintaining the FOMC’s stance, the new Fed Chair Jerome Powell’s Congressional testimony before the House Finance Services Committee was interpreted as a hawkish one. Heightened speculations for three, or more, rate hikes this year were reflected in higher...