3 reasons Trump’s impeachment wouldn’t sink stocks
President Donald Trump is a master showman. In his prior life as real estate developer and reality TV star, you couldn’t go a day without seeing his name in the tabloids. But taking full credit for the creation of wealth...
Mnuchin hopeful a trade deal with Canada will get done, but prepared to ‘move forward with Mexico’
Treasury Secretary Steven Mnuchin said Tuesday he’s hopeful a revamped trade deal will get done soon with Canada — but if not the U.S. is ready to go forward with one it already has negotiated with Mexico, the third partner...
84% of companies are dabbling in blockchain, new survey says
Companies don’t want to be left off of the blockchain bandwagon. In a new report published by PwC on Monday, 84 percent of executives surveyed said their companies are “actively involved” with the technology. “Everyone is talking about blockchain, and...
After-hours buzz: AMD, AKCA, IONS & more
Check out the companies making headlines after the bell: Shares of Akcea Therapeutics and Ionis Pharmaceuticals plummeted more than 21 percent and nearly 15 percent, respectively, during after-hours trading after the two companies announced that they had received a complete...
Stifel says buy small-cap stocks into year-end due to the improving business environment
Small-cap stocks’ big run this year will keep going into year-end, according to Stifel. The firm is optimistic about smaller companies because of their strong financial performance and the benefits they got from tax reform. President Donald Trump signed the...
Wall Street says Tesla’s ‘credibility has taken a hit’ after Musk’s go-private plan collapses
Wall Street analysts believe Tesla’s credibility will suffer from CEO Elon Musk giving up on his plan to take the carmaker private. Late Friday, Musk said in a blog post the company will remain publicly traded, citing resistance from existing...
Mexican official says NAFTA talks with the US have ‘concluded,’ deal announcement coming
A Mexican official told CNBC on Monday that trade talks with the U.S. have wrapped up, adding that an announcement could come later in the day. Officials were in Washington trying to work out the issues as the Trump administration...
US and Mexico reach a trade deal, paving the way to replace NAFTA
The U.S. and Mexico struck a trade deal on Monday that paved the way to replace NAFTA, the current agreement between the two nations and Canada. President Donald Trump said the deal would be called The United States-Mexico Trade Agreement,...
European stocks open higher; Fed’s Powell says ‘further, gradual’ rate hikes ahead
European markets opened in positive territory on Monday as investors react to comments from the head of the Federal Reserve on the U.S. central bank’s policy tightening path. The pan-European Stoxx 600 index traded 0.29 percent higher in morning trade,...
Now-cautious bull names 4 risks keeping him up at night
One of the year’s biggest bulls is bracing for a near-term pullback. Federated Investors’ Phil Orlando believes escalating geopolitical risks will put pressure on stocks in coming weeks. He’s concerned that uncertainty surrounding Federal Reserve policy, the Mueller investigation, midterm...
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