May auto sales mixed for US carmakers
Fiat Chrysler Automobiles said on Friday its U.S. sales in May climbed 11 percent to 214,294, on the strength of retail deliveries to individual customers. The automaker said retail deliveries of 167,785 vehicles were the highest since July 2005. That...
Your first trade for Friday, June 1
The “Fast Money” traders shared their first moves for the market open. Pete Najarian was a buyer of Wells Fargo. Karen Finerman was a buyer of Del Taco. Brian Kelly was a buyer of the MSCI Mexico ETF. Guy Adami...
Trump’s hostile tariffs on US allies give china a ‘gift’: Obama trade official
President Donald Trump’s metal tariffs on U.S. allies are actually a “gift” to China, according to one Obama-era trade representative. “The world was aligned with the United States in recognizing China’s threat around steel and aluminum,” Robert Holleyman, a former...
Unemployment rate falls to 18-year low, wages rise 2.7 percent
The U.S. economy continued to add jobs at a solid clip in May, with nonfarm payrolls up 223,000 and the unemployment rate falling to an 18-year low of 3.8 percent, the Bureau of Labor Statistics reported Friday. Economists had been...
The next 9/11 will be a cyberattack, security expert warns
A cyberattack of devastating proportions is not a matter of if, but when, numerous security experts believe. And the scale of it, one information security specialist said this week, will be such that it will have its own name —...
‘Absurd’ for US to consider Canada a security risk over steel, defense minister says
Canadian Defense Minister Harjit Sajjan has called it “absurd” for the U.S. to impose steel tariffs on his country on the basis of national security. President Donald Trump’s administration announced Thursday that it would levy tariffs on steel and aluminum...
Deutsche Bank CEO insists financial strength is ‘beyond doubt’ despite rating downgrade
The new chief executive of Germany’s flagship lender has conceded the bank faces an uphill battle against a barrage of bad “newsflow.” Deutsche Bank’s long-running turmoil was dealt a fresh blow Thursday, when share prices tumbled after it was reported...
China’s markets just became more important to the rest of the world after a landmark day
Close to 230 China A shares debuted on index provider MSCI’s emerging markets benchmark on Friday, a move investors expect will attract billions of dollars in inflows to the mainland market. The partial inclusion of the A shares — yuan-denominated...
Buy bitcoin now while it’s still cheap, says cryptocurrency hedge-fund owner
Bitcoin may have reached its bottom this year, Dan Morehead, founder of Pantera Capital Management, told CNBC. So now is a good time to buy. “All cryptocurrencies are very cheap right now,” said Morehead, who serves as CEO and co-chief...
After-hours buzz: LULU, ULTA & more
Check out the companies making headlines after the bell: Lululemon Athletica shares jumped nearly 6 percent in extended trading. The active wear brand and retailer reported first quarter earnings and revenue that easily surpassed Wall Street expectations. Lululemon reported EPS...
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Trading education
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