Janet Yellen: Possible next Fed move is a cut if global growth continues to slow
The Federal Reserve’s next move may well be an interest rate cut if weakening growth around the world starts infecting the U.S. economy, former central bank Chair Janet Yellen said Wednesday. Weakening economies in China and Europe is posing danger...
Stocks making the biggest moves midday: Snap, Electronic Arts, Skyworks & more
Check out the companies making headlines midday Wednesday: Capri Holdings — Shares of the company that owns Michael Kors, Versace and Jimmy Choo jumped 11.3 percent for the day after the company reported earnings that beat expectations. Capri Holdings also...
Asia shares mostly up as Trump delivers his second State of the Union address
Asia shares mostly rose Wednesday as investors digested U.S. President Donald Trump’s State of the Union address. In Japan, the Nikkei 225 gained 0.14 percent to close at 20,874.06 while the Topix index slipped 0.05 percent to 1,582.13. Australian shares...
Stocks making the biggest moves after hours: Snap, Disney, Electronic Arts and more
Check out the companies making headlines after the bell: Shares of Snap soared as much as 21 percent Tuesday following their fourth-quarter earnings beat. The tech company earned $390 million in revenue, beating the expected $378 million.The company posted losses...
These stocks are expected to be the winners and losers in President Trump’s State of the Union
Infrastructure names could be winners and pharmaceutical stocks losers in President Donald Trump’s State of the Union speech Tuesday night if he goes after two areas where Wall Street strategists expect there might be some bipartisan support. Trump may also...
Your first trade for Tuesday, February 5
The “Fast Money” traders shared their first moves for the market open. Carter Worth was a buyer of the Russell 2000 ETF. Steve Grasso was a buyer of the Health Care ETF. Mark Tepper was a seller of Tesla. Dan...
NBC Sports borrows from Amazon Prime to launch new GolfPass subscription service
NBC Sports’ Golf Channel is partnering with four-time major champion Rory McIlroy to debut a subscription service that will give customers one round of golf a month, more than 4,000 hours of instructional videos and discounts at resorts and clubs....
Investors who believe finance is going digital now have a way to put money on the trend
ARK Investment Management is launching its first financial technology, or “fintech,” focused exchange traded fund on Monday. The actively managed “ARK Fintech Innovation ETF” began trading on the New York Stock Exchange Arca under the ticker “ARKF.” It includes public...
Stocks making the biggest moves midday: Papa John’s, Sysco, Clorox & more
Check out the companies making headlines midday Monday: Papa John’s — Shares of the embattled pizza maker rose more than 12 percent after the company announced Starboard Value has taken a $200 million stake in the company. Starboard CEO Jeffrey...
Brexit is a revolt against a German-run European super-state
Britain’s idea of a united Europe has never been more than a free-trading area. In spite of that, the Germans and the Dutch liked the prospect of sharing the European Union membership with British free-traders, apparently as a counterweight to...
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