‘Santa rally’ won’t rekindle due to omicron risks and profit-taking, PNC Financial’s CIO predicts
PNC Financial is throwing cold water on the fourth-quarter rally. Covid omicron fears will take a heavy toll on risk appetites over the next two weeks, according to Chief Investment Officer Amanda Agati. “We’ve already gotten the Santa rally,” she...
Goldman cuts GDP forecast after Sen. Manchin says he won’t support Biden’s ‘Build Back Better’ plan
U.S. Senator Joe Manchin (D-WV) delivers remarks to reporters at the U.S. Capitol in Washington, D.C., November 1, 2021. Jonathan Ernst | Reuters The apparent failure of President Joe Biden’s “Build Back Better” plan means that economic growth could be...
Stocks making the biggest moves premarket: Moderna, Royal Caribbean, Cerner and others
Check out the companies making headlines before the bell: Moderna (MRNA) – Moderna shares jumped 7.2% in the premarket after the drugmaker said a booster dose of its Covid-19 vaccine increased protection against the omicron variant 37-fold. Amid the spread...
‘Cash could be your friend’: Wilmington Trust sees a deeper pullback providing better opportunities for investors
The stock market’s volatility jump may be in its early stages. Despite a bullish 2022 outlook, Wilmington Trust’s Meghan Shue expects the wild swings to ramp up as investors digest a less accommodative Federal Reserve and assess new risks tied...
Kickstarter, Discord and others are raving about ‘Web3.’ Their users give them a reality check
Chris Ratcliffe | Bloomberg | Getty Images When Kickstarter unveiled its ambition to develop a blockchain-based crowdfunding system, the company characterized the move as a way to push creators closer to their audiences. “Backers should be able to easily discover...
Chinese electric car start-up Nio reveals a new sedan, augmented reality glasses
Nio’s et5 electric sedan is set to begin deliveries in Sept. 2022. Nio BEIJING — Chinese electric car company Nio revealed Saturday a new sedan and custom augmented reality (AR) glasses that reduce the need for in-car screens. Augmented reality...
Lost work due to omicron? What to know about unemployment benefits
Pedestrians stand in line at a Covid-19 mobile testing site at Columbus Circle in New York, on Dec. 5, 2021. Jeenah Moon/Bloomberg via Getty Images Covid cases are spiking in some parts of the U.S., and the highly contagious omicron...
Payments start-up Checkout.com poaches Meta crypto exec to lead product strategy
Checkout.com has hired Meta executive Meron Colbeci as its new chief product officer. Checkout.com LONDON — Checkout.com, a $15 billion payments start-up based in Britain, has hired Meta executive Meron Colbeci as its chief product officer. Colbeci joined Meta, the...
Biden signs debt ceiling increase, preventing first-ever U.S. default
U.S. President Joe Biden speaks prior to signing an executive order intended to reduce bureaucracy around government services for the public, in the Oval Office at the White House in Washington, U.S., December 13, 2021. Evelyn Hockstein | Reuters President...
Former U.S. Treasurer on the economy: ‘I’m much more optimistic about 2022’
Count former U.S. Treasurer Rosie Rios among the experts who sees brighter days ahead for the U.S. economy. If she’s right, it could mean good news for businesses and shoppers. “I’m much more optimistic about 2022 than I was about...
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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 ... 
DailyFX Forex Trading Course Walkthrough: Part TwoForex Trading Course Walkthrough Talking Points:This is the second of a ten-part series in which ... 
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 they ... 
DailyFX Forex Trading Course Walkthrough: Part FiveForex Trading Course Walkthrough Talking Points:This is the fifth of a ten-part series in which ... |