A chart shows how everything has changed since Trump became president
Since Donald Trump won the presidency, he has presided over both one the most tumultuous political times in recent memory, as well as the best economy the country has seen since well before the financial crisis. Consumer and small business...
JP Morgan’s Jamie Dimon makes his biggest bet on Silicon Valley with new ‘fintech campus’
Jamie Dimon has never been shy about his envy for Silicon Valley. The CEO of J.P. Morgan Chase frequently travels west to meet with venture capitalists and entrepreneurs, touts his bank’s hefty investments in technology and famously warned in 2015...
Bank of England’s Carney says system ready for ‘cliff-edge’ Brexit, though it’s unlikely to happen
The U.K.’s banking system is prepared to handle a much worse outcome from Brexit than is likely to happen, Bank of England Governor Mark Carney said Friday. “With respect to Brexit, the Bank of England doesn’t focus on the most...
PayPal surges 9% after its Venmo app shows signs of becoming a moneymaker
PayPal shares soared 9 percent on Friday after the company beat expectations on earnings and revenue and announced positive news about its peer-to-peer app Venmo. The payment company’s stock hit a high above $86. Shares are up more than 26...
Watch Bank of England Governor Mark Carney speak live in New York
[The stream is slated to start at 11:30 am ET. Please refresh the page if you do not see a player above at that time.] Mark Carney is the governor of the Bank of England, the UK’s equivalent of the...
Homeowners poised to start tapping $14.4 trillion in equity
With untapped home equity at an all-time high of $14.4 trillion, homeowners could be poised to start cashing in, new research suggests. Home equity — the difference between a property’s value and the amount owed on it — is about...
Home equity has come ‘roaring back’ from the recession — and owners are poised to tap it
With untapped home equity at an all-time high of $14.4 trillion, homeowners could be poised to start cashing in, new research suggests. Home equity — the difference between a property’s value and the amount owed on it — is about...
Existing home sales fall for sixth straight month in September
U.S. home sales fell in September by the most in over two years as the housing market continued to struggle despite strength across the broader economy. The National Association of Realtors said on Friday that existing home sales dropped 3.4...
Democrats want to repeal Trump’s tax cuts and replace them with payouts for the poor
With midterm elections 2½ weeks away and the 2020 presidential race around the corner, prominent Democrats are embracing an ambitious idea: Repeal and replace the $1.5 trillion Republican tax plan. The proposals would get rid of the tax cuts and,...
Your first trade for Friday, Oct 19
The “Fast Money” traders shared their first moves for the market open. Dan Nathan was a seller of the Financials ETF Brian Kelly was a buyer of SPDR Gold Shares Karen Finerman was a buyer of Golar LNG Guy Adami...
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