US weekly jobless claims fall less than expected
The number of Americans filing applications for unemployment benefits fell less than expected last week, which could raise concerns that the robust labor market was losing some momentum. Initial claims for state unemployment benefits decreased 2,000 to a seasonally adjusted...
US producer prices rose moderately in April
U.S. producer prices rose moderately in April, but underlying inflation pressures at the factory gate appeared to be picking up. The Labor Department said on Thursday its producer price index for final demand increased 0.2% last month after jumping 0.6%...
Goldman has a strategy to play the trade war that divides the stock market, pitting Amazon vs Apple
As markets tumbled under the threat of a trade war with China, Goldman Sachs told clients there would be one distinct group of winners and one group of losers in the stock market as this foreign policy drama unfolds. Service-providing...
Polaris CEO calls potential tariff increase ‘downright catastrophic’ for business
Scott Wine, CEO, Polaris Industries Scott Mlyn | CNBC The CEO of manufacturing company Polaris Industries is calling an impending tariff increase a catastrophe for his business. In a phone call with CNBC Tuesday, Polaris CEO and Chairman Scott Wine...
US job openings rebound in March, hiring little changed
The Toyota Motor manufacturing plant in Georgetown, Kentucky. Charles Bertram | Lexington Herald-Leader | Tribune News Service | Getty Images U.S. job openings rebounded sharply in March, while the pace of hiring was little changed, pointing to a growing worker...
Tesla may be about to lose a key group of investors that have stuck with the struggling stock
Elon Musk, co-founder and chief executive officer of Tesla Inc., speaks during an unveiling event for the Tesla Model Y crossover electric vehicle in Hawthorne, California, U.S., on Friday, March 15, 2019. Patrick T. Fallon | Bloomberg | Getty Images...
If Trump slaps China with his threatened tariffs, the US consumer could pay
If President Donald Trump slaps China with all the tariffs he’s threatened, the U.S. consumer could take a hit. Trump on Sunday threatened to raise tariffs on $200 billion in goods, and possibly add tariffs to another $325 billion in...
The truth about Trump’s China tariffs: Major US companies didn’t think they were still a big deal
President Donald Trump’s Sunday tweet threatening another round of tariffs against China shook investor confidence in markets around the world on Monday, but within the C-suites of major U.S. corporations, tariffs have not been viewed as among the most important...
Jeffrey Gundlach slams Democratic Presidential candidates: ‘I say short them all’
Jeffrey Gundlach speaking at the 24th Annual Sohn Investment Conference in New York on May 6, 2019. Adam Jeffery | CNBC Jeffrey Gundlach is not shy when it comes to ridiculing the Democratic presidential hopefuls. The so-called bond king and...
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Trading education
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