39.4 F
New York, US
Saturday, February 24, 2018
Federal Reserve policymakers see an economy that may be past full employment, financial market prices that are high and overall growth that continues to gather steam. Those conditions remain appropriate for further interest rate increases, though inflation pressures remain fairly muted for now, according to a key report to...
Jeffrey Gundlach is a big believer in commodities as an investment. The bond investor was asked for his best trade in the market today. "I still like commodities," he said on CNBC's "Halftime Report" Friday. "I think late cycle commodities always rally." ...
The best-run companies have leaders willing to take a stand on societal issues such as gun control, former Medtronic chairman and CEO Bill George told CNBC on Friday. "If your only purpose is making money, then you're going to run into ... difficulties," said George, a senior fellow at...
LINCOLN, Neb. (AP) -- The nation's largest privately-owned bank holding company and a major car rental chain said Thursday they will stop promotions aimed at National Rifle Association members.The Nebraska-based First National Bank of Omaha will not renew its contract to issue the group's NRA Visa Card, spokesman...
You can stop worrying about the effect of higher interest rates on stocks for now, a J.P. Morgan strategist said Wednesday. "While rising long-term rates will ultimately become a negative for profits and multiples, we do not see current levels as a reason to de-risk and sell equities," Dubravko...
Shale output growth continues to outpace forecasts. The U.S. Energy Information Administration this month said United States production could top 11 million barrels per day by the end of 2018, a year earlier than it had expected just a month ago. Heltman has pressed shale...
But with the election just over a week away some unease has crept into markets, leading to an underperformance of Italian debt and gains for safe-haven German bonds. Latest polls point to a hung parliament, where no single party or coalition has an outright...
As I recently penned, Mr. Volatility is asking you, taunting you - so you wanna go? The stock markets (IVV) gave you a little warning shot, a love tap as I wrote. That's very kind of Mr. Market, it gave you an opportunity to reassess your risk...
U.S. stock index futures posted gains ahead of Friday's open.Around 5:10 a.m. ET, Dow futures were up 110 points, indicating a rise of 176.52 points at the open. The Nasdaq and S&P 500 futures also pointed to a positive open for their respective markets.Investor anxiety surfaced earlier this...