Year: 2018

Bank of America Merrill Lynch has a disquieting solution to this vexing mystery: Why are markets struggling despite blockbuster earnings growth? “It’s late-cycle, profits are peaking, and the Fed is tightening,” according to a team led by chief investment strategist Michael Hartnett. Investors are too optimistic about the global expansion and the ability of economies to handle rising rates, Hartnett wrote in a May 6 note. …read more […]

With AMD’s prime catalyst on the wane, the chipmaker will find it difficult to sustain its growth. …read more […]

Readers wasted no time sounding off last week about a 2016 Harvard Institute of Politics poll that found the majority of 18- to 29-year-olds in this country are opposed to capitalism.

Some blamed the nation’s underwhelming public education system.

But sometimes it’s basic common sense that’s in short supply.

Take Paul Krugman, for example.

Krugman is a distinguished professor of economics at the Graduate Center of the City University of New York, a former professor of economics at MIT and Princeton University, and a columnist for The New York Times.

No one would call him uneducated.

Yet his biweekly columns are filled with bizarre misstatements of …read more […]

At its Build developer conference this week, Microsoft is putting a lot of …read more […]

At its Build developer conference, Microsoft today announced that just under …read more […]

Kilauea volcano on Hawaii’s Big Island has been spewing lava and toxic gases since a series of earthquakes last week. The lava has destroyed dozens of homes, with many more at risk as the eruptions continue. Photo: Getty …read more […]

Today, Netflix released a trailer for the second season of Marvel’s Luke Cage, …read more […]

Oil prices rose to their highest levels since late 2014 on Monday, boosted by the latest troubles for Venezuelan oil company PDVSA and a looming decision on whether the United States will re-impose sanctions on Iran. Brent crude oil futures were at $75.81 a barrel at 10:20 a.m. EDT (1420 GMT), up 94 cents. U.S. West Texas Intermediate (WTI) crude futures rose 69 cents to $70.40, the first time since November 2014 that WTI had climbed above $70. …read more […]

WASHINGTON (AP) — President Donald Trump said Monday he was “Fighting Back” against the Russia probe and warned the “13 Angry Democrats” on the special counsel’s team to “just wait ’till the Courts get to see your unrevealed Conflicts of Interest!” …read more […]