Fed’s Powell: Rate hikes should not upend the global economy
Moves by the Fed and other major central banks to raise interest rates after a long period of keeping them low should not be disruptive to the global economy, Federal Reserve Chairman Jerome Powell said Tuesday. In remarks prepared for...
Financial tech firm iZettle says it plans to list on the Nasdaq Stockholm stock exchange this year
Swedish payment start-up iZettle announced it will go public this year. The financial technology firm said Tuesday that it plans to raise 2 billion Swedish krona ($226 million) through an initial public offering on the Nasdaq in Stockholm. The company...
China says its trade surplus with the US expanded by nearly $7 billion last month
Last month saw major growth in China trade. China’s April imports jumped 21.5 percent and its exports grew 12.9 percent against the prior year-ago period. Both of those figures, denominated in U.S. dollars, topped analysts expectations: A Reuters poll had...
After-hours buzz: HTZ, ZG, SNAP & more
Check out the companies making headlines after the bell: Hertz Global shares slumped 8 percent in after-hours trade. The car rental company’s revenue surpassed expectations but it reported a substantially larger loss per share than expected. Zillow stock sank more...
Activist investor ValueAct takes $1.2 billion stake in Citigroup: WSJ
ValueAct Capital Partners has built a $1.2 billion stake in Citigroup in a wager that the U.S. bank’s businesses serving corporations will help it rebound. ValueAct has built the position over the past four to five months and is growing...
Bitcoin almost broke through the $10,000 mark—then Warren Buffett and Bill Gates came along
Bitcoin prices dropped Monday following criticism from some of the investment world’s best-known billionaires. The cryptocurrency hit a low of $9,188.66 Monday after climbing above $9,900 over the weekend, according to CoinDesk. Bitcoin has recovered roughly 40 percent from the...
Lobster prices high, but dropping as summer approaches
*for extra money in the currency market use these forex robots Lobster prices are high in the U.S. right now, but members of the industry expect them to come down soon as the Canadian catch creeps up and America’s summer...
Amazon’s share of all retail sales could be 10% in two years: Analyst
Amazon should continue to grow at an “amazing” rate, with the e-commerce giant set to capture nearly 10 percent of total retail sales by 2020, according to Telsey Advisory Group, which initiated coverage at outperform. “Amazon’s customer-centric approach, relentless pursuit...
It’s ‘embarrassing’ to hold cash but there are few alternatives, says investment manager
High valuations across different assets classes are posing very few alternatives to investors, one investment manager told CNBC, adding he would rather sit on cash. The surge in valuations, mostly seen throughout 2017, has made equities, bonds and currencies more...
Nestle to pay $7.15 billion to Starbucks in coffee tie-up
Nestle will pay Starbucks $7.15 billion as part of a global coffee alliance in which the Swiss-based food giant is getting the rights to market the U.S. coffee company’s products around the world outside Starbucks’ coffee shops. “This global coffee...
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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 ... |