Venmo executive says we’re still ‘decades away’ from a cashless society
Despite the ubiquity of mobile payments, a top executive at Venmo says the world is still a few generations away from abandoning cash altogether. “It’s a matter of time — but it’s going to be a long time, not a...
Chinese stocks tumble amid trade fight, ETF falls for seven straight days
The iShares China Large-Cap ETF (FXI) fell more than 1.5 percent in midday Friday trading, tracking for its first seven-day losing streak since December 2016. The ETF tracks major Chinese companies traded in Hong Kong. Friday’s drop came as major...
Goldman Sachs model now points to 4% second-quarter GDP growth
The U.S. economy is likely growing faster than expected, according to an economic model from Goldman Sachs. The firm raised its second-quarter GDP tracking model growth forecast to 4 percent from 3.9 percent on Friday, citing strong manufacturing economic data....
Why China ‘holds all the aces’ in a full-blown US-China trade war
On Friday the Trump administration announced it will impose a 25 percent tariff on up to $50 billion in Chinese goods in an effort to protect U.S. intellectual property and technology. The decision brought an immediate backlash from Beijing. China...
Consumer sentiment rises to highest level in three months
Consumer sentiment jumped at the beginning of June, moving opposite of expectations and heading back toward levels seen earlier this year. The University of Michigan’s Friday report on consumer attitudes about the economy hit 99.3 in a preliminary June reading,...
Your first trade for Friday, June 15
The “Fast Money” traders shared their first moves for the market open. Tim Seymour is a buyer of Cemex. David Seaburg is a buyer of Adobe. Brian Kelly is a buyer of the SPDR Gold ETF. Guy Adami is a...
China says tariffs of ‘same scale’ coming immediately, indicates trade talks will need to start over
China’s Commerce Ministry said Friday that it will respond immediately on the same scale to the Trump administration’s new tariffs on Chinese goods worth up to $50 billion. “We will immediately introduce taxation measures of the same scale and the...
Shares of chipmaker NXP on wild ride amid conflicting reports about Chinese approval of Qualcomm bid
Shares of NXP Semiconductors rose in extended trading Friday amid conflicting reports about whether Chinese regulators have approved Qualcomm’s proposal to acquire the smaller chipmaker. NXP shares spiked more than 10 percent in after-hours trading Thursday following reports from South...
Twitter price target raised to $52 by UBS, citing World Cup
Twitter shares could add to strong gains this year as the World Cup spurs engagement and continued strength in ad sales gives the social media company a revenue boost, an analyst at UBS said Thursday. Eric Sheridan raised his price...
Trump to slap 25% tariffs on up to $50 billion of Chinese goods; China retaliates
The Trump administration will impose a 25 percent tariff on up to $50 billion in Chinese goods, a decision that brought swift retribution from Beijing as trade conflicts between the world’s two largest economies escalate. In a statement Friday, President...
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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 ... 
Daily Forex Trading Course Walkthrough: Part TwoForex Trading Course Walkthrough Talking Points: This is the second of a ten-part series in ... 
Forex Trading Truth or Lie? Uncovering the Truths of FX TradingDo you know the truths about forex trading? Traders face a barrage of information when ... 
Daily Forex Trading Course Walkthrough: Part FiveForex Trading Course Walkthrough Talking Points: This is the fifth of a ten-part series in ... |