Yahoo Finance's Seana Smith is tracking Citi, JPMorgan, AT&T and Disney in intraday trading on Thursday.
Yahoo Finance's Seana Smith is tracking Citi, JPMorgan, AT&T and Disney in intraday trading on Thursday.
The suspect in a mass shooting at a Nashville Waffle House was arrested last year for being in a restricted area near the White House, police said Sunday. After an investigation by police in Illinois and the FBI, authorities removed four guns from 29-year-old Travis Reinking’s home and gave them to his father. Reinking is still on the run after a heroic customer at the Waffle House confronted him when he stopped to reload his weapon.
The rivalry is so notorious it's been called the "great cat-and-dog war." On one side towers Alibaba Group Holding Ltd., China's e-commerce market leader, embodied by the black cat mascot of its Tmall platform. Brands now caught in the cross-fire say they were punished by Alibaba after refusing exclusive deals as the e-commerce giant tried to muscle out the competition — a charge Alibaba denies. Executives from five major consumer brands told The Associated Press that after rebuffing Alibaba, traffic to their Tmall storefronts fell, hurting sales.
Reagan's stock market gives clues for the Dow's next move: Acampora 2:27 PM ET Fri, 20 April 2018 | 01:53 Donald Trump, like Ronald Reagan before him, is an outside-the-beltway president. That recently prompted longtime market watcher Ralph Acampora to investigate whether the two had anything else in common. What he found could be a warning to the stock market. "Ronald Reagan had a six-month honeymoon," Acampora, director of technical research at Altaira Capital Partners, told CNBC's "Futures Now" last week. "The percentage gain was roughly about 10 percent." When Reagan was sworn into office on Jan. 20, 1981, the Dow Jones Industrial Average was trading at around 950. The index, which at
Gordon Chang, Author of "Nuclear Showdown: North Korea Takes on the World," gives his take on what may happen between U.S. President Donald Trump and North Korea Leader Kim Jong-Un when they meet. Chang speaks with Kathleen Hays and Yvonne Man on "Bloomberg Daybreak: Asia." OF THEM WITH GREAT INCENTIVE. YOU CAN ALSO END UP DOING INVESTMENT, ALL SORTS OF FINANCIAL ASSISTANCE, NORTH KOREA IS VERY CONCERNED ABOUT IT RELIANCE ON CHINA.
Prince Harry and bride-to-be Meghan Markle were matching in navy blue at Queen Elizabeth’s star-studded birthday concert Saturday night — and people on social media took notice. Markle wore a navy Stella McCartney caped dress with matching navy suede
Southwest Airlines cancelled about 40 flights Sunday as the airline stepped up efforts to inspect the engines of its Boeing 737 fleet on the heels of last week’s deadly engine explosion on Flight 1380. The airline voluntarily announced inspections of engines in the CFM56 family – which powers nearly all of Southwest’s fleet – on Tuesday, after a passenger died when she was partially sucked out of an aircraft window that had been shattered in by the engine blast. Inspectors now believe that the CFM56-7B jet engine failure occurred when one of the engine’s fan blades broke off and came loose.
Saudi Arabia is rumored to want oil prices at $100 per barrel, but if prices rise that high, it could sow the seeds of the next downturn. Saudi officials want more revenues for their budget and a higher oil price to bolster the valuation of the Aramco IPO. As Liam Denning of Bloomberg Gadfly points out, in the past decade, while oil prices have surpassed $100 per barrel for periods of time, they didn’t stay there for very long.
Former President George H.W. Bush paid a subtle tribute to his late wife, Barbara Bush, at her funeral on Saturday. The former president wore a pair of socks decorated with stacks of colorful books, in a nod to his partner’s longstanding commitment to advancing literacy. George H.W. Bush wore socks with books on them in dedication to Barbara at her funeral today.
Unlike many of the scandals that have triggered billion-dollar penalties for banks, the problems that led to a 10-figure federal government settlement for Wells Fargo & Co. don’t appear to have colorful emails or trader messages describing bad behavior. Wells Fargo’s WFC, +1.98% risk management already resulted in an unprecedented Federal Reserve sanction of having its growth limited. Wells Fargo, keep in mind, was fined by the CFPB and other regulators after opening millions of customer accounts without permission. To hear the OCC tell it, Wells Fargo did not establish “effective first and second lines of defense,” execute on a comprehensive plan to address compliance risk management deficiencies, fill mission-critical staffing positions, implement a reliable risk assessment and testing program and report compliance concerns adequately to the board.
In fact, a good 25% of employed baby boomers think they'll retire prior to age 65, according to new data from the Insured Retirement Institute. Your Social Security benefits are calculated based on what you earned during your top 35 working years, but once your full monthly benefit amount is established, you can only collect it in full upon reaching full retirement age. Now you are allowed to file for Social Security as early as age 62.
The Centers for Disease Control and Prevention (CDC) is warning customers to stay away from all forms of romaine lettuce, as the scope of its investigation into an E. coli outbreak grows. The CDC had originally traced the outbreak -- which has sickened at least 53 people across 16 states -- specifically to chopped romaine lettuce grown in the Yuma, Ariz., region. An update issued on Friday, however, says customers should also avoid whole heads and hearts of romaine, in addition to chopped lettuce, unless they can determine that it was not grown in Yuma.
Are marijuana stocks ridiculously overpriced? Of the top three marijuana stocks in terms of market cap, only Aurora Cannabis (NASDAQOTH: ACBFF) reported positive earnings over the last 12 months. Based on these conventional valuation measures, all three of these top marijuana stocks certainly appear to be way overpriced.
New data tells us that 49% of Americans actively are saving for retirement -- which means that half the workforce is at risk of retiring broke. Worse yet, only 16% of workers are very confident that they'll have enough in their nest eggs to cover their future expenses. If your retirement savings are non-existent, it's time to play around with your expenses and start cutting corners to free up more cash.
Shares of Philip Morris International (NYSE: PM) plunged 16% on April 19, after the tobacco giant posted a mixed first quarter. It also noted that soft demand in Indonesia -- once a major growth market -- offset its growth in Pakistan and Thailand in South Asia.
Apr.22 -- U.S. Treasury Secretary Steven Mnuchin said he’s considering a trip to China amid a trade dispute with Beijing that finance chiefs warn could derail the global economic upswing. Bloomberg's Ros Krasny reports on "Bloomberg Daybreak: Australia."
For SunPower, the real payoff from this deal won't derive from gaining SolarWorld's manufacturing plant -- the key benefit will come if it wins an exclusion from tariffs for its high-efficiency solar cells and panels, which are made in Asia. SunPower is the only global manufacturer that produces interdigitated back contact (IBC) solar cells at scale, and no U.S. manufacturers use the technology today.
Donald Trump has made America read again. Since the beginning of the year, every New York Times bestseller has been about the 45th president, according to CNN. To answer that question, we gathered data from the Times nonfiction list of bestsellers on every book explicitly about Trump since his election in 2016.
Mark Mobius, the 81-year-old investment guru, believes the U.S. stock market is set for a 30% correction that would essentially wipe out the gains of the last two years. The renowned fund manager, who left Franklin Templeton, the American investment house, after more than 30 years in January, said “all the indicators” point to a large fall in the S&P 500 SPX, -0.85% and the Dow Jones Industrial Average DJIA, -0.82% . “I can see a 30% drop,” said Mobius, who launched one of the world’s first emerging market funds. “When consumer confidence is at an all time high, as it is in the U.S., that is not a good sign. “The market looks to me to be waiting for a trigger that will cause it to tumble. You
Uncertainty in the cryptocurrency mining market has led to the world’s leading chipmaker, Taiwan Semiconductor, to lower its revenue forecast for the year. Adding insult to injury, weakness in demand for Apple’s iPhone, for which Taiwan Semi is the supplier, is also weighing on this year’s expected sales. Meanwhile, bitcoin mining was the champion of 2017, helping to drive Taiwan Semi’s 2017 revenue results higher by 6%, including a 10.1% increase in the fourth quarter alone.
Over the last two years, it's been clear Walmart (NYSE: WMT) is positioning itself as a competitor to Amazon. After paying $3.3 billion for e-commerce provider Jet.com in 2016, Walmart has increasingly encroached on Amazon's turf by attempting to lure Amazon's core consumer base, move into new industries, and replicate Amazon's disruption-focused mindset. With all the excitement about its digital changes, Walmart's core terrestrial operations may have flown under the radar.
Frontier Communications (NASDAQ: FTR) has been in steady decline. It has lost customers in every quarter since it spent $10.55 billion in April of 2016 to buy Verizon's (NYSE: VZ) wireline business in California, Texas, and Florida.
Dance music pioneer Tim Bergling, known by the stage name Avicii, was found dead yesterday (April 20) in Muscat, Oman. The Swedish superstar DJ was 28. Avicii’s rapid rise to fame coincided with an explosion of interest in electronic dance music (EDM), fueled by streaming and live performances—revenue streams that the music industry increasingly relies on as album sales wane. Avicii’s 2011 hit “Levels” pushed the young DJ into the international spotlight, and 2013’s “Wake Me Up” earned the honor of the most-streamed song in Spotify’s history at the peak of EDM mania. Dance-music industry revenue—including music sales, live shows, and related products—grew by nearly 40% in 2014, according to the
Last Monday, Netflix (NASDAQ: NFLX) released a stellar first quarter earnings report. Netflix even managed to reduce its rate of cash burn last quarter. If that projection is accurate, it's hard to see how Netflix will be able to live up to its valuation of nearly $150 billion.
The American health care system is an expensive, sprawling mess. The Republican Party’s brightest idea for how to fix it? Make health insurance worse.Here’s what the GOP has in mind: Weakened protections for people with pre-existing conditions. Skimpier
Oil prices are on fire, recently hitting a three-and-a-half-year high. Oil giant ExxonMobil (NYSE: XOM) stumbled into 2018 after reporting lackluster results to end last year. As a matter of fact, Exxon is currently trading at a valuation not seen since the 1980s.