Trump support dips among farmers as trade war wallops agriculture
Support for President Donald Trump among farmers has dipped as the trade war with China drags on, according to a Farm Journal Research survey published Tuesday. Trump received about 70 percent of farmers’ votes in the 2016 election but a...
Stocks making the biggest moves after hours: EGN, TEVA & more
Check out the companies making headlines after the bell: Energen surged more than 7 percent in after-hours trading after Diamondback Energy announced it was acquiring the oil and gas company for about $9.2 billion, including debt, or $84.95 per share....
Cramer: The ‘tide has turned’ against bitcoin
Bitcoin may be losing its spark as it cracks below $6,000, according to CNBC’s Jim Cramer. “I think the tide has turned against it,” Cramer said Tuesday on CNBC’s “Squawk on the Street”. “I’m not saying its time has passed...
Square takes upper hand in payments battle as Cash app downloads surpass PayPal’s Venmo
Cumulative downloads of Square’s Cash app have surpassed those of Paypal’s Venmo for the first time after a monster July, according to data from Sensor Tower and Nomura Instinet. Cumulative downloads for the Cash App now total 33.5 million, exceeding...
Import prices were flat in July, suggesting a strong dollar kept inflation pressures in check
U.S. import prices were unexpectedly flat in July as a surge in the cost of fuels was offset by weak prices elsewhere, suggesting a strong dollar was keeping imported inflation pressures in check. The Labor Department said on Tuesday the...
US economy is expected to accelerate this year, then slow in 2019: CBO
U.S. economic growth will probably accelerate this year before slowing in 2019 to well below the Trump administration’s 3 percent target as a fiscal stimulus fades, congressional researchers projected on Monday. In an updated economic outlook, the nonpartisan Congressional Budget...
Stocks making the biggest moves after hours: SWCH, VIPS and more
Check out the companies making headlines after the bell: Shares of Vipshop plunged nearly 10 percent after Monday’s close on the back of weaker-than-expected earnings and revenue for the second quarter. The Chinese e-commerce company reported a profit per share...
Market wants ‘decisive action’ so Turkey needs to raise rates: Yale economist Stephen Roach
Turkey’s central bank needs to raise interest rates to contain the country’s financial crisis, veteran economist Stephen Roach told CNBC on Monday. Earlier in the day, Turkish lira dropped to a new all-time low of 7.24 against the U.S. dollar....
Nvidia is a ‘top pick’ because of the chipmaker’s upcoming chips, Cowen says
Nvidia’s shares will rise in the coming year due to strong sales from its new graphics chips, according to a Cowen analyst. The firm reiterated its outperform rating for Nvidia’s stock, predicting the chipmaker will report fiscal second-quarter profits above...
Mark Cuban sold his Twitter stock to load up on cash
Billionaire investor Mark Cuban is opting for cash instead of shares in Twitter. When asked if he still owns the social media stock, Cuban told CNBC’s “Fast Money Halftime Report” Monday that he sold it as part of a larger...
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