Former hedge fund manager Michael Novogratz says America needs redistribution of wealth
Michael Novogratz, CEO of Galaxy Investment Partners Adam Jeffery | CNBC Macro trader turned bitcoin bull Michael Novogratz is calling for fixes to capitalism — and a possible tax on Wall Street. The former Fortress hedge-fund manager pointed to a...
JP Morgan slashes second-quarter GDP forecast to just 1%
A truck hauls a shipping container at Yusen Terminals (YTI) on Terminal Island at the Port of Los Angeles in Los Angeles, California Mike Blake | Reuters J.P. Morgan economists said they now see much slower second-quarter growth of just...
US core capital goods orders tumble; shipments are flat
Durable goods on sale in Los Angeles. Lucy Nicholson | Reuters New orders for U.S.-made capital goods fell more than expected in April, further evidence that manufacturing and the broader economy were slowing after a growth spurt in the first...
Tailored approach to circuit breakers ‘hampering demand’ for exchange-based FX trading
The FX market has experienced notable periods of stress in recent years, albeit not on the scale of the Swiss National Bank’s decision to abandon its peg to the Swiss franc in 2015. For example, during the January Yen move,...
China denounces US ‘rumors’ and ‘lies’ about Huawei ties to Beijing
China on Friday denounced U.S. Secretary of State Mike Pompeo for fabricating rumors after he said the chief executive of China’s Huawei Technologies was lying about his company’s ties to the Beijing government. The U.S. placed Huawei on a trade...
The world’s largest shipping firm warns of ‘considerable uncertainties’ as trade tensions rise
Danish shipping firm Moller-Maersk posted first-quarter profit close to expectations on Friday, warning that trade tensions and slowing economic growth constitute “considerable uncertainties.” Earnings before interest, tax, depreciation and amortization (EBITDA) totaled $1.24 billion for the quarter, compared with $1.25...
Stocks making the biggest moves after hours: HP, Autodesk, Boeing and more
The logo of the 3D printer manufacturer HP is seen during the event. Feria de Barcelona hosts the third edition of the (3D) industry week. Paco Freire | LightRocket | Getty Images Check out the companies making headlines after the...
Boost Mobile founder says he’d buy unit back if the Sprint-T-Mobile tie-up gave him good terms
Boost Mobile founder Peter Adderton said he might buy back the prepaid wireless company if Sprint divests the unit to merge with T-Mobile. But only if the merged company agreed to give Boost a good wholesale deal to sell its...
Trump administration unveils $16 billion bailout to farmers hurt by China trade war
Farmer walks through his soy fields July 6, 2018, in Harvard, Illinois, the same day China imposed retaliatory tariffs aimed at the US soybean market. NOVA SAFO | AFP | Getty Images The Trump administration on Thursday announced a $16...
The US tariffs on China have been paid almost entirely by US importers: IMF study
Vehicles wait for shipment at Lianyungang Port in Lianyungang, China. VCG | Visual China Group | Getty Images U.S. tariffs on Chinese goods are hurting an unintended target as the trade war rages, an International Monetary Fund study found. 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 ... 
Daily Forex Trading Course Walkthrough: Part TwoForex Trading Course Walkthrough Talking Points: This is the second of a ten-part series in ... 
Forex Trading Truth or Lie? Uncovering the Truths of FX TradingDo you know the truths about forex trading? Traders face a barrage of information when ... 
Daily Forex Trading Course Walkthrough: Part FiveForex Trading Course Walkthrough Talking Points: This is the fifth of a ten-part series in ... |