Stocks making the biggest moves after hours: Nvidia, PG&E, Sonos and more
Check out the companies making headlines after the bell: Nvidia shares plummeted as much as 16 percent during after-hours trading Thursday after the company missed on revenue. The chipmaker reported $3.18 billion in revenue versus $3.24 billion as expected by...
Larry Summers: 50 percent chance of a US recession by 2020
Former Treasury Secretary Larry Summers has put the chances of a U.S. recession at 50 percent within the next two years. The economist told CNBC’s Joumanna Bercetche on Thursday that a slowdown in growth was a “near certainty” before adding...
Fed set for a broad review on how it conducts policy in 2019
The Federal Reserve in 2019 will launch a broad look at how it conducts policy and conveys what is doing to the public. Central bank officials announced Thursday that they will look at “strategies, tools, and communication practices” the Fed...
Elizabeth Warren says the Fed is making the same mistakes as before the crisis: ‘Deeply worrisome’
Ahead of the financial crisis, a buildup of leverage on bank balance sheets that went largely undetected by regulators helped cause the worst downturn since the Great Depression. Sen. Elizabeth Warren is afraid the same thing is happening again a...
US and China rivalry for supremacy goes way beyond trade, says founder of world’s largest hedge fund
The dispute between the U.S. and China over trade deficits and surpluses is rather trivial compared to the broader philosophical differences between the world’s two biggest economic superpowers, Bridgewater Associates founder Ray Dalio told CNBC on Thursday. “The trade war,...
US import prices increase more than expected in October
U.S. import prices increased more than expected in October, boosted by a surge in petroleum and food prices, but underlying imported inflation pressures remained tame amid a strong dollar. The Labor Department said on Thursday import prices rose 0.5 percent...
US weekly jobless claims unexpectedly rise; several states estimated
The number of Americans filing applications for jobless aid unexpectedly rose last week, but claims for three big states were estimated because of Monday’s Veterans Day holiday, which could have influenced the data. Initial claims for state unemployment benefits increased...
US retail sales rebound sharply in October
U.S. retail sales rebounded sharply in October as purchases of motor vehicles and building materials surged, likely driven by rebuilding efforts in areas devastated by Hurricane Florence. The Commerce Department said on Thursday retail sales increased 0.8 percent last month...
Billionaire investor Ray Dalio: Fed raised rates to a point where it’s hurting asset prices
Hedge fund billionaire Ray Dalio argued Thursday that the Federal Reserve has raised rates to a point where they’re hurting asset prices. The central bank needs to start looking at monetary policy’s impact on asset prices before economic conditions, Dalio...
Powell credits Fed policy for the US economy being ‘in a good place’
Federal Reserve Chairman Jerome Powell expressed confidence in U.S. economic strength Wednesday and said markets will have to get used to the idea that the central bank could raise rates at any time starting in 2019. During a question-and-answer session...
Signal2forex.com - Best Forex robots and signals




