This chart shows Apple’s new iPhones didn’t wow consumers and that may hurt the stock
The reaction to the unveiling of a new generation of iPhones this week was “lackluster” compared with prior new smartphone announcements, which could bode poorly for Apple’s stock, according to a data firm that tracks social media sentiment and market...
Dimon says JP Morgan’s actions during ’08 crisis were done to ‘support our country’ — Read full memo
J.P. Morgan Chase Chief Executive Officer Jamie Dimon told employees that his takeovers of failed banks and billions of dollars in loans made during the 2008 financial crisis were done to support the country. “Counter to what most people think,...
Trump said to want tariffs on $200 billion of Chinese goods despite talks
President Donald Trump wants tariffs on $200 billion of Chinese goods despite the U.S. attempt to restart talks on trade, according to reports Friday. The president told aides to go ahead with tariffs, the reports said, citing people familiar with...
US import prices post largest drop in more than 1-1/2 years
U.S. import prices recorded their biggest drop in more than 1-1/2 years in August amid declines in the cost of fuels and a range of other goods, suggesting a strong dollar was curbing imported inflation pressures. The Labor Department said...
US retail sales post the smallest gain in 6 months
U.S. retail sales recorded their smallest gain in six months in August as consumers cut back on purchases of motor vehicles and clothing, but upward revisions to July data likely keep intact expectations of strong economic growth in the third...
Stocks making the biggest move premarket: ADBE, AMZN, LB, HAS, DNKN & more
Check out the companies making headlines before the bell: Adobe Systems – Adobe reported adjusted quarterly profit of $1.73 per share, beating estimates by 4 cents a share. The software maker’s revenue topped forecasts, as well, however Adobe’s revenue guidance...
The state of government bonds is ‘the biggest risk’ for Europe, says ex-UBS chief
Ten years from the global financial crisis of 2008, the links between public debt and banks still remain, Peter Wuffli, the former CEO of UBS, told CNBC on Friday. Wuffli said that remains a major risk for Europe. “There is...
Watch: Sen. Elizabeth Warren discusses the financial crisis 10 years after Lehman Brothers collapse
[The stream is slated to start at 7 p.m. ET. Please refresh the page if you do not see a player above at that time.] Sen. Elizabeth Warren, D-Mass., speaks to CNBC’s Andrew Ross Sorkin on Thursday evening, 10 years...
Fx data: How disruptive are the disruptors?
A number of FX market data initiatives have emerged over the last 12 months. September 2017 saw the launch of CLS Data and the introduction of the FastMatch FX tape service. CLS declined to comment when contacted by Euromoney for...
JP Morgan says trading revenues for this quarter will be down ‘about mid-single digits’
J.P. Morgan Chase said that third-quarter trading revenue is headed for a mid-single digit decline because of the impact of the corporate tax overhaul. Chief Financial Officer Marianne Lake gave the guidance at the end of a Thursday presentation to...
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