European stocks lower as US-China trade row escalates; Adidas soars 9%
European stocks fell Thursday morning amid a deepening U.S.-China trade dispute and a flurry of corporate earnings. The pan-European Stoxx 600 was off by 0.3 percent with almost every sector in the red. Oil and gas stocks were among the...
Ex-NYSE president: If Musk doesn’t have funding, that undermines confidence in the market
CEO Elon Musk has done a big disservice to investors if he actually does not have certain funding to take Tesla private, said Tom Farley, former president of the New York Stock Exchange. “It’s incumbent upon Elon Musk to actually...
Tesla still hasn’t said where its secured financing is coming from — here’s what that probably means
“Funding secured.” Those two words, tweeted by Tesla CEO Elon Musk, sent investors into a frenzy Tuesday. Who has promised Musk tens of billions of dollars to take his cash-burning company private? tweet Twenty-four hours after Musk’s first tweet, Tesla...
Trump refuses to discuss US-China strategy at private business dinner
President Donald Trump declined to discuss his strategy for dealing with China at a private business dinner with CEOs on Tuesday night, as U.S.-China trade tensions escalate. The president said “he wouldn’t go there” after he was asked about how...
Fed’s Barkin says US interest rates need to rise further
The U.S. economy is strong enough to warrant further interest rate increases by the Federal Reserve, Richmond Fed President Thomas Barkin said on Wednesday. In a speech on the U.S. economy, Barkin argued that the Fed’s benchmark interest rate was...
The economy is booming, yet Americans are struggling. An award-winning author explains why
The unemployment rate fell below 4 percent in July, the lowest it’s been in nearly two decades. The job market is booming and the economy seems strong. But millions of Americans are still struggling to make ends meet. That’s in...
Black women have to work an extra eight months to make the same wages as white men
The pay gap persists. Women are paid 80 cents to every dollar paid to men, according to an April report from the National Partnership for Women & Families. But if you break this figure out by race, education level and...
Your first trade for Wednesday, August 8
The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Twitter Karen Finerman was a buyer of Michael Kors David Seaburg was a buyer of Ethereum Classic Guy Adami was a buyer...
Trump claims GDP growth ‘could be in the 5s’ — as in percent — next quarter
President Donald Trump said Tuesday he thinks gross domestic product growth in the next quarter “could be in the 5s” — that is, higher than 5 percent. Trump made the bold prediction Tuesday evening before a dinner at his Bedminster,...
Weekly mortgage applications fall as home prices climb
Rising home prices hit the mortgage industry hard last week. Total mortgage application volume fell 3 percent from the previous week, and 17 percent from a year ago, according to the Mortgage Bankers Association’s seasonally adjusted report. The market has...
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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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Daily Forex Trading Course Walkthrough: Part FiveForex Trading Course Walkthrough Talking Points: This is the fifth of a ten-part series in ... |