Charles Schwab to give most employees 5% raise for pandemic work
A pedestrian passes in front of a Charles Schwab Corp. bank branch in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Brokerage Charles Schwab is giving most of its employees a special 5% pay raise as record stock...
Jobless claims hit new pandemic-era low in a sign of hope for the employment picture
First-time filings for unemployment insurance hit a pandemic-era low last week, a sign that the jobs market is improving heading into the fall despite worries over the delta Covid variant. Jobless claims for the week ended Aug. 14 totaled 348,000,...
Hard lesson for U.S. investors: Chinese companies don’t make the rules in China
Beijing office towers, including Alibaba’s, are illuminated with Chinese characters reading ‘blessing to China’ to celebrate National Day in October 2020. Zang Zhihao | Visual China Group | Getty Images BEIJING — American investors’ shock at an ongoing regulatory crackdown...
Federal Reserve preparing for taper this year, July minutes show
Federal Reserve officials at their July gathering made plans to pull back the pace of their monthly bond purchases likely before the end of the year, meeting minutes released Wednesday indicated. However, the summary of the July 27-28 Federal Open...
Mortgage rates hit their highest level in a month, and weekly demand drops
Prospective home buyers arrive to tour a house for sale in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images Borrowers backed away from the mortgage market last week, as higher interest rates chilled a recent revival in refinances. The...
Stocks making the biggest moves premarket: Lowe’s, Target, Krispy Kreme and others
Check out the companies making headlines before the bell: Lowe’s (LOW ) – The home improvement retailer reported an adjusted quarterly profit of $4.25 per share, beating the consensus estimate of $4.01. Revenue beat forecasts, and the same-store sales decline...
Dow futures fall slightly after 30-stock average snaps 5-day winning streak
A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York, August 9, 2021. Andrew Kelly | Reuters Dow futures slipped slightly in overnight trading on Tuesday after the 30-stock average snapped a 5-day...
Homebuilder sentiment falls to lowest level in over a year as buyers face sticker shock
The price of lumber has fallen sharply in the last few months, but apparently that has not been enough to take the pressure off homebuilders. Sentiment among single-family homebuilders dropped 5 points to 75 in August on the National Association...
Retail sales drop worse-than-expected 1.1% in July as rising Covid fears hit consumers
Shoppers in the U.S. cut back their purchases in July even more than expected as worries over the delta variant of Covid-19 dampened activity and government stimulus dried up. Retail sales for the month fell 1.1%, worse than the Dow...
Chinese electric scooter company Niu shakes off pandemic slump and predicts strong sales ahead
This Niu scooter store in Beijing’s Chaoyang district is open daily from about 8 a.m. to 8 p.m. Evelyn Cheng | CNBC BEIJING — Almost three years since Chinese electric scooter start-up Niu Technologies listed in the U.S., the company...
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Introduction to Basic Trendline AnalysisIn this series we will piece together the anatomy of a swing trade and discuss ... 
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