Trump turns up the heat on trade: ‘Tariffs are the greatest!’
President Donald Trump cranked up the rhetoric on tariffs on Tuesday, saying they are a good bargaining tool in his quest to get better trade agreements. In a morning tweet, the president dug in on his position in the global...
Bitcoin edges past $8,000, notching a two-month high
Bitcoin’s price hovered above the $8,000 mark Tuesday, for the first time in two months. The last time the world’s largest cryptocurrency was trading above $8,000 was May 23, when it traded at an intraday high of $8,023.73. On Tuesday,...
Here’s what Tesla needs to do to convince investors it’s financially stable: Analysts
Tesla’s stock fell 3.3 percent Monday after it was reported that the electric car company asked suppliers for a refund of a portion of its payment. While automotive companies asking investors for cash back to support operations is a standard...
After-hours buzz: GOOGL, WHR & more
Check out the companies making headlines after the bell: Shares of Google’s parent company Alphabet shot up more than 3 percent in extended-hours trading. The company beat analysts’ earnings estimates for its second quarter, posting $11.75 per share versus the...
Blue states must cut taxes or face a population drop, says Citadel’s Ken Griffin
Citadel’s Ken Griffin predicts Northern states that predominantly support the Democratic Party will be negatively impacted by President Donald Trump’s tax plan. “Under Trump’s tax proposal the elimination of state and local deductibility is going to put pressure on the...
Risks are rising that oil prices will cause next recession
Oil gained more than 20 percent in the first half of 2018, and odds have been rising that higher crude oil prices will spark the next economic downturn. This should not come as a surprise for any investor who is...
Flattening of yield curve is stoking fears of a recession
Despite two hikes of the Federal Funds rate this year, ranging between 1.75 percent and 2 percent, long-term rates have not kept pace, causing the yield curve to flatten and stoking fears of a recession. Just about every time the...
Three options strategies for the week: July 23
The “Options Action” traders share three options trading strategies to kick off the week. Dan Nathan recommends a put spread in Facebook. Carter Worth and Mike Khouw like the Nasdaq Biotech ETF Mike Khouw recommends a put spread in McDonald’s...
Europeans press for digital tax at G20 meeting
European finance leaders called for progress on global rules to tax the digital economy at a meeting of G20 finance ministers and central bankers in Argentina on Sunday, putting them at odds with U.S. counterparts. The final communique reaffirmed a...
Facebook and 3 millennials are changing the start-up scene in Bangladesh
In Bangladesh, as across the world, millions of people log into Facebook every day. But rather than looking for escape from the stresses of the workplace, for many of those people Facebook is the workplace. That’s because, behind a screen...
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