Prime Day sales burst in July may cause weakness in August retail sales
andresr | E+ | Getty Images August’s retail sales could be muddied by the negative payback from Amazon Prime Day promotions that sent July sales sharply higher. Friday’s August retail sales report is the last big economic report before the Fed...
The market’s trip to new highs is different this time, and it’s a bullish sign
Strength in semiconductors and a whole host of other sleeper stocks is a telling sign that the market will not only make it to new highs but could remain in an uptrend, according to technical analysts. For a couple years,...
US consumer prices rise a slight 0.1% in August
A man pushes his shopping cart past bread for sale at a Walmart Supercenter store in Rosemead, California on May 23, 2019. Frederic J. Brown | AFP | Getty Images Consumer prices slowed in August, rising by a slight 0.1%,...
US weekly jobless claims drop to five-month low
Getty Images The number of Americans filing applications for unemployment benefits fell to a five-month low last week, suggesting the labor market remains strong despite slowing job growth. Initial claims for state unemployment benefits declined 15,000 to a seasonally adjusted...
Mnuchin says Trump could do a China trade pact at any time, but wants a ‘good’ deal for US workers
Treasury Secretary Steven Mnuchin told CNBC on Thursday that President Donald Trump could strike a pact with China at “any time” but is focused on striking the best deal possible for American workers. Asked whether Trump might settle for a watered-down,...
China wants a two-track approach to the trade talks, WSJ reports
U.S. President Donald Trump meets with China’s President Xi Jinping at the G20 leaders summit in Japan, June 29, 2019. Kevin Lamarque | Reuters China wants to draw a line between negotiations about trade and talks about other foreign affairs,...
Stocks making the biggest moves after hours: Oracle, Aurora Cannabis and more
Mark Hurd, CEO of Oracle. Adam Jeffery | CNBC Check out the companies making headlines after the bell: Shares of Oracle dipped as much as 5% during extended trading after the company’s CEO, Mark Hurd, announced a medical leave of...
Here’s how to play the massive transformation taking place in the stock market
Traders and financial professionals work at the opening bell on the floor of the New York Stock Exchange (NYSE) on August 6, 2019. Drew Angerer | Getty Images Value is seeing the light of day finally. A huge rotation out...
Trump’s approval on the economy slides as recession fears grow
President Donald Trump Joshua Roberts | Reuters Voters may have started to sour on what they consider the best part of President Donald Trump’s White House tenure. For much of Trump’s presidency, Americans have broadly held glowing views of the...
US producer prices unexpectedly rise in August
Engines assembled as they make their way through the assembly line at the General Motors (GM) manufacturing plant in Spring Hill, Tennessee, August 22, 2019. Harrison McClary | Reuters U.S. producer prices unexpectedly rose in August and underlying producer prices...
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