Target CEO raves about the US economy: This is the best consumer environment I’ve ever seen
Consumer spending is back and has never been better as far as Target CEO Brian Cornell is concerned. “There’s no doubt that, like others, we’re currently benefiting from a very strong consumer environment — perhaps the strongest I’ve seen in...
Fed chairman Powell assures senator he’s not swayed by Trump’s criticism
Federal Reserve Chairman Jerome Powell is resolved to keep the central bank independent despite ongoing criticism from President Donald Trump, according to Sen. Tim Scott. Powell “reinforced the fact that their goal is to [address] unemployment, our economy, and that...
Stocks making the biggest moves after hours: RRGB, URBN and more
Check out the companies making headlines after the bell on Tuesday: Red Robin Gourmet Burgers fell nearly 3 percent after the closing bell after the company reported earnings and revenue that missed Wall Street expectations. The hamburger restaurant posted adjusted...
Private equity firms are circling local TV owners such as Tribune and Nexstar as consolidation looms
In the hit HBO show “Succession,” fictional TV mogul Logan Roy wants to buy local TV stations even though his kids tell him the industry is dead. In real life, there are plenty of potential buyers who agree with Roy...
Dallas Fed president says three or four more rate hikes then ‘assess’ course ahead
The Federal Reserve could be nearing the end of its rate-hiking cycle as headwinds build up to economic growth, Dallas Fed President Robert Kaplan said Tuesday. As the central bank continues to normalize policy, Kaplan said there likely are three...
China central bank official rebuts Trump’s claim it is manipulating the yuan
A senior official of China’s central bank told a briefing on Tuesday that the yuan’s exchange rate is set by the market, rebutting President Donald Trump’s claim a day earlier that the country was manipulating its currency. China is not...
Saudi Arabia is stumbling in its effort to build a global financial center
While it’s working hard to diversify and modernize its economy, Saudi Arabia is stumbling in its effort to establish a financial center in the kingdom. Emblematic of the problem is the fact that Riyadh’s King Abdullah Financial District, begun a...
Stocks making the biggest moves after hours: FN, HTZ and more
Check out the companies making headlines after the bell: Fabrinet shares surged more than 6 percent after the bell on the back of stronger-than-expected earnings. The electronics manufacturer posted quarterly earnings per share of 81 cents versus a Reuters estimate...
Trump says he will keep criticizing Fed if it continues to raise interest rates
President Donald Trump said he disagreed with the Federal Reserve’s decision to raise interest rates, and he said the Fed should do “what’s good for the country,” according to an interview with Reuters. Trump told Reuters that he was “not...
Ten economic experts debate when the US may hit the next recession
The U.S. economy is growing at a fast clip, and the bull market is entering its ninth year. But some economists are starting worry over rising interest rates and a negative signal from the bond market called a “flattening yield...
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Trading education
Introduction to Basic Trendline AnalysisIn this series we will piece together the anatomy of a swing trade and discuss ... 
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