Bank of America announces new CFO, technology and legal heads in sweeping management overhaul
Bank of America CEO Brian Moynihan announced the most sweeping management overhaul of his 12-year tenure atop the giant financial institution. In a memo distributed to employees on Friday, Moynihan named a new chief financial officer, technology head, general counsel...
Democrats may rein in big estates without reforming the estate tax
Drew Angerer | Getty Images News | Getty Images Democrats may scuttle tactics used by the rich to pass wealth to heirs with little to no tax, part of a broader plan to raise money for an expansion of the...
60-year veteran of Wall Street Art Cashin reflects on 9/11 and what it took to rebuild
A day before the 20th anniversary of 9/11, veteran trader Art Cashin reflected Friday on the impact of the terrorist attacks on Wall Street, the country and him personally. Cashin, who has been an NYSE member since 1964, was in...
British fintechs are jumping into the booming buy now, pay later market
A Mastercard debit card from U.K. digital bank Monzo. Monzo LONDON — Monzo and Revolut, two of Britain’s best-known financial technology firms, are planning to enter the booming “buy now, pay later” industry. Buy now, pay later, or BNPL, plans...
Producer inflation accelerated in August, as wholesale prices rose record 8.3% from a year ago
Prices that producers get for final demand goods and services surged in August at their highest annual rate since at least 2010, the Labor Department reported Friday. The producer price index rose 0.7% for the month, above the 0.6% Dow...
Covid waves will hit the global supply chain for two years, Reagan economist warns
The semiconductor shortage is affecting consumers’ ability to buy cars, smartphones and virtually all electronics — and there may be little relief in sight. According to economist John Rutledge, the Covid-19 pandemic will continue to inflict pain on the global...
Weekly jobless claims post sharp drop to 310,000, another new pandemic low
First-time filings for unemployment claims in the U.S. dropped to 310,000 last week, easily the lowest of the Covid era and a significant step toward the pre-pandemic normal, the Labor Department reported Thursday. Claims had been expected to total 335,000...
Businesses are feeling stronger inflation and paying higher wages, Fed’s ‘Beige Book’ says
U.S. businesses are experiencing escalating inflation that is being aggravated by a shortage of goods and likely will be passed onto consumers in many areas, the Federal Reserve reported Wednesday. In its periodic “Beige Book” look at the nation’s economic...
Watch Christine Lagarde speak after the ECB announces a slowing of its pandemic-era bond buying
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Stocks making the biggest moves after hours: Lululemon, Boston Beer, GameStop & more
Pedestrians wearing protective masks walk past a Lululemon store in San Francisco, California, on Monday, March 29, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell: Lululemon — Shares of the...
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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 ... 
DailyFX Forex Trading Course Walkthrough: Part TwoForex Trading Course Walkthrough Talking Points:This is the second of a ten-part series in which ... 
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 they ... 
DailyFX Forex Trading Course Walkthrough: Part FiveForex Trading Course Walkthrough Talking Points:This is the fifth of a ten-part series in which ... |