Ray Dalio says he wouldn’t rule out China weaponizing its massive US Treasury holdings
Ray Dalio, founder of investment firm Bridgewater Associates, speaking at the WEF in Davos, Switzerland on Jan. 22, 2019. Adam Galica | CNBC Hedge fund titan Ray Dalio said he wouldn’t rule out China using its Treasury holdings to gain...
Stocks making the biggest moves after hours: Nvidia, Applied Materials and GE
Jen-Hsun Huang, CEO, Nvidia David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell: Shares of Nvidia jumped as much as 7% after the chipmaker announced better-than-expected second-quarter earnings. The company reported adjusted earnings...
GE CEO Larry Culp bought nearly $2 million worth of the company’s stock after fraud accusation
Larry Culp, CEO, General Electric Scott Mlyn | CNBC General Electric CEO Larry Culp bought nearly $2 million worth of the company’s stock after Madoff whistleblower Harry Markopolos called the company “a bigger fraud than Enron.” A Thursday evening filing...
Growth forecasts are rising and economy looks nowhere near as bad as bond market predicts
Shoppers walking in the Herald Square area of New York. Michael Nagle | Bloomberg | Getty Images By many measures, the economy is outshining the depressed picture the bond market has been painting of growth, and a big reason is...
Trump, Navarro are the only officials in the White House blaming the Fed for volatility, sources say
President Donald Trump and economic advisor Peter Navarro are alone in the White House when it comes to blaming Federal Reserve Chairman Jerome Powell for the economic slowdown, administration officials told CNBC. The president has criticized his central bank chief...
Falling mortgage rates boost homebuilder confidence, but not new construction
The nation’s homebuilders are feeling better about their business, as falling mortgage rates help more buyers afford homes. They are still not, however, building enough homes to meet demand. That has less to do with buyer demand and more to...
The stock market’s unusual pattern this week has historically been a big sell signal
Traders work on the floor at the New York Stock Exchange, August 13, 2019. Eduardo Munoz | Reuters The stock market has done something so unusual this week that it has only happened 19 times in the past 30 years,...
Stocks making the biggest moves after hours: Cisco, NetApp and Vipshop
Chuck Robbins, CEO of Cisco Ashlee Espinal | CNBC Check out the companies making headlines after the bell: Cisco fell nearly 8% in after-hours trading after announcing better-than-expected fourth-quarter earnings and weaker-than-expected guidance. The enterprise technology company reported adjusted fourth-quarter...
Bond markets are sending one big global recession warning
Traders signal offers in the Ten-Year Treasury Note Options pit at the Chicago Board of Trade. Scott Olson | Getty Images The U.S. bond market just flashed what could be its biggest warning yet of a coming recession, and it...
US import prices unexpectedly rise, but trend remains weak
U.S. import prices unexpectedly rose in July, but the underlying trend remained weak, pointing to subdued imported inflation. The Labor Department said on Wednesday import prices increased 0.2% last month as a rebound in the cost of petroleum products offset...
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