Main Street largely cheers Trump’s pro-business Supreme Court nominee Brett Kavanaugh
Main Street advocacy groups are largely cheering President Donald Trump’s nomination of Brett Kavanaugh to succeed Justice Anthony Kennedy on the U.S. Supreme Court, hopeful he will continue the Trump administration’s deregulatory tone, which has boosted sentiment among small businesses....
Homebuyers fuel jump in mortgage applications, as more listings finally emerge
A slight increase in the number of homes for sale may be helping to juice the mortgage market. After falling for two straight weeks, mortgage application volume rose 2.5 percent last week, seasonally adjusted, compared with the previous week. The...
Independent providers struggle in post-Mifid II research landscape
As the dust settles from the implementation of second Market in Financial Instruments Directive at the beginning of this year, it is now becoming clear who the winners are likely to be: large global investment banks. There has been a...
Start-up exec says his call for $60,000 bitcoin is still possible this year
Major cryptocurrencies may be off their December highs on the price front, but developments on the regulatory and infrastructure front continue to move ahead. That’s leading some in the space to remain relatively bullish on prices. “Back then, December, price...
Yen and Dollar Surge as US Moves on with Tariffs on $200B in Chinese Imports
Yen and Dollar are both strong as the US announced to move on with 10% tariffs on another USD 200B in Chinese imports. That could come into effect as soon as in September. Asian Markets are broadly in red. At...
US CPI Preview: Onward and Upward
CPI likely rose a trend-like 0.2 percent in June amid steady gains in the core index. Consumers may have caught a little respite in travel costs last month, but solid demand and rising input costs point to inflation firming. Carrying...
When the Going Gets Tough, the Tough Get Going
US Poised to Publish $200 Billion Tariff List (Bloomberg) Investors confidence was rocked after the latest US administrations trade salvo which reminded us that not all is quiet on the western trade war front after the Trump administration released a...
Bitcoin is the best bet for cryptocurrency investors, says Wall Street trader
Bitcoin is still the best bet for crypto investors as people are “functionally using” it, Bart Smith told CNBC. “If you want to own the asset that you can actually use today and that people are functionally using, it’s bitcoin,”...
After-hours buzz: AIR, WDFC & more
Check out the companies making headlines after the bell on Tuesday: Shares of AAR Corporation lost more than 5 percent in the extended session, after the aviation and expeditionary services provider reported mixed fourth-quarter earnings and revenue. AAR reported earnings...