Weekly mortgage applications drop 9% as refinances pull back
A home for sale is seen in Santa Monica, California. Lucy Nicholson | Reuters The combination of a holiday week and a stagnant mortgage rate environment kept borrowers away from their lenders last week. Mortgage application volume decreased 9.2% from...
FX: Making the best of a bad situation
Increased volatility, extreme market events, the use of algos that can run out of control and ‘flash crashes’ can cause considerable losses to market participants and their underlying clients. If not managed correctly, they can quickly join the ranks of...
Stocks making the biggest moves after hours: Alphabet, Salesforce.com, Workday & more
Larry Page, co-founder and chief executive officer at Google Inc. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell: Shares of Google’s parent-company Alphabet edged nearly 1% higher after the company announced...
Economist tells newspaper he was forced out from Chinese bank because he’s a Hong Konger
Buildings along Victoria Harbor at night in Hong Kong, on April 29, 2019. Justin Chin | Bloomberg | Getty Images Law Ka-chung stepped down as chief economist at the Hong Kong unit of a Chinese state-owned bank and has alleged...
Jack Dorsey’s planned move to Africa divides Square and Twitter investors
Jack Dorsey, co-founder and chief executive officer of Twitter Inc., speaks during an interview in New York, U.S., on Monday, May 1, 2017. Michael Nagle | Bloomberg | Getty Images Jack Dorsey’s stated plan to move to Africa for up...
Small business confidence rebounds on optimism about US-China trade deal
US President Donald Trump shows a letter from Chinese President Xi Jinping as he announces an initial trade deal with China at the Oval Office of the White House in Washington, DC on October 11, 2019. Nicholas Kamm | AFP...
5G broadband is an existential threat to cable companies, but execs and investors aren’t worried
T-Mobile US CEO John Legere testifies before a House Committee on Energy and Commerce Subcommittee hearing in Washington, February 13, 2019. Erin Scott | Reuters For about the last two decades, the cable industry has been fueled by three revenue...
Black Friday shopping at brick-and-mortar stores dropped by 6% as consumers spent record online
Black Friday shoppers wait to purchase goods at a Best Buy store on November 29, 2019 in Emeryville, United States. Black Friday is traditionally the biggest shopping event of the year, and marks the beginning of the holiday shopping season....
Black Friday shoppers spend record $7.4 billion in second largest online sales day ever
A group of Black Friday online shopping purchases photographed in delivery boxes filled with polystyrene packing pellets, taken on September 13, 2019. Future Publishing | Future | Getty Images Black Friday shoppers spent $7.4 billion online, the second largest Internet...
Apple’s ‘big story’ this holiday season is its credit card, analyst says
The “big story” for Apple this holiday shopping season won’t be what products consumers buy but how they pay for it, according to D.A. Davidson & Co. analyst Tom Forte. “AirPods Pro [is] a good product, but I think the...
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Trading education
Introduction to Basic Trendline AnalysisIn this series we will piece together the anatomy of a swing trade and discuss ... 
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