After-hours buzz: AAPL, GM & more
Check out the companies making headlines after the bell: Apple slipped about 1 percent in after-hours trading Monday. President Donald Trump suggested in an interview with The Wall Street Journal that the U.S. could levy tariffs of 10 percent on...
Veteran trader says market bounce may be the bottom
The market rally may mean the beginning of a move back higher for stocks, veteran trader Jack Bouroudjian told CNBC. U.S. equities moved higher on Monday, after suffering their worst Thanksgiving week since 2011. Bouroudjian, chief economist and co-founder of...
Stocks making the biggest move premarket: AMZN, WMT, M, TGT, GM, CPB & more
Check out the companies making headlines before the bell: Amazon.com, Walmart, Macy’s, Target – These and other retailers are on watch as shopping results from the holiday weekend – including Black Friday – roll in. Preliminary reports show strong sales...
German business confidence dips again as economy cools
The German economy is cooling down. That is the standout assessment from a key business climate survey, published by the Munich-based Ifo Institute on Monday. The Ifo Business Climate Index fell to 102.0 points in November from 102.9 points in...
Bitcoin extends losses, slides under $3500 to lowest since September 2017
Bitcoin had a rough weekend. Coming off a week of heavy losses, bitcoin fell 10 percent and set a fresh low at $3,447.58 on Sunday, according to data from CoinDesk. This is the cryptocurrency’s lowest level since September 2017. Over...
The LA Dodgers are reportedly linked to a $20 billion plan aimed at stabilizing big insurers
The CEO of Guggenheim Partners and his business associates are pledging more than $20 billion of their personal wealth to backstop insurers associated with the firm should they experience financial troubles, according to a Wall Street Journal report. The highly...
The LA Dodgers are reportedly linked to a $20B plan to help insurers if credit markets sour
The CEO of Guggenheim Partners and his business associates are pledging more than $20 billion of their personal wealth to backstop insurers associated with the purchase of the Los Angeles Dodgers, if those firms run into financial troubles, according to...
Trump’s quest to drive down oil prices turns the screws on American drillers
President Donald Trump is rooting for oil prices to fall even further after a stunning plunge over the last seven weeks. The U.S. oil and gas industry, a pillar of Trump’s political base, is likely less enthusiastic. This year’s oil...
Trump is cheering for lower oil prices, but here’s why American drillers might be less enthusiastic
After a stunning plunge in the price of oil over the last seven weeks, President Donald Trump has rooted for oil prices to fall even further. Yet the U.S. oil and gas industry, a pillar of Trump’s political base, might...
Bank of America sees market decline next year: ‘There is now an alternative to stocks’
There is a good chance stocks stall out next year as credit conditions tighten and earnings growth slows, according to Bank of America Merrill Lynch. “We believe the peak in equities is likely before the end of 2019,” wrote Savita...
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