U.S. job openings fell to a 1-1/2-year low in August and hiring declined, suggesting employment growth was slowing largely because of ebbing demand for labor as the economy loses momentum.
Wall Street rose for the first time in three sessions on Wednesday with technology stocks providing a boost, as a report that China was open to a partial trade deal soothed investor nerves ahead of high-level talks on Thursday.
Facebook chief executive Mark Zuckerberg will testify before the U.S. House Financial Services Committee on Oct. 23 as the social media company faces growing scrutiny from U.S. lawmakers over a planned cryptocurrency and other issues including advertising policies.
Attractive stocks have exceptional fundamentals. In the case of AT&T Inc. (NYSE:T), there’s is a highly-regarded… …read more […]
Facebook chief executive Mark Zuckerberg will testify before the U.S. House Financial Services Committee on Oct. 23 as the social media company faces growing scrutiny from U.S. lawmakers over a planned cryptocurrency and other issues including advertising policies.
Halliburton said on Wednesday it is cutting another 650 U.S. oilfield services jobs as U.S. and gas producers have slashed spending amid weak prices and investor demands for higher returns.
Hundreds of thousands of California homes and businesses started to lose electric power early Wednesday as part of an unprecedented effort by Pacific Gas and Electric Co. to prevent wildfires, the utility said.
Fitbit Inc will manufacture all its trackers and smart watches outside China from January, the wearable device maker said on Wednesday, the latest U.S. company looking to insulate itself from tariffs.
Passive investing in an index fund is a good way to ensure your own returns roughly match the overall market. While… …read more […]
Concerns over rising interest rates and expected further rate increases have hit several stocks hard during the fourth quarter of 2018. Trends reversed 180 degrees during the first half of 2019 amid Powell’s pivot and optimistic expectations towards a trade deal with China. Hedge funds and institutional investors tracked by Insider Monkey usually invest a […] …read more […]
Hedge funds run by legendary names like George Soros and David Tepper make billions of dollars a year for themselves and their super-rich accredited investors (you’ve got to have a minimum of $1 million liquid to invest in a hedge fund) by spending enormous resources on analyzing and uncovering data about small-cap stocks that the […] …read more […]
Today, we’re tackling the all-important question, “Where are oil prices headed in 2020?”
Now, I’m no psychic. But sometimes the answer is basic economics.
The world’s oil markets are dramatically affected by geopolitical events.
But in the absence of geopolitics, the price of oil – like any other commodity – is dependent on supply and demand.
My friend Rick Rule, CEO of Sprott U.S. Holdings, famously says, “The cure for low prices is low prices. And the cure for high prices is high prices.”
What does he really mean here?
When oil prices are low, producers cut back on production. Some even go bankrupt.
Those actions reduce …read more […]
Wall Street rose on Wednesday on the back of gains in technology stocks, as investor sentiment was boosted by reports indicating an ease in trade tensions between the United States and China ahead of pivotal talks on Thursday.
Shares of Johnson & Johnson dipped 2% on Wednesday after a jury awarded $8 billion in punitive damages to a man who accused the drugmaker of failing to warn that young men using its antipsychotic drug Risperdal could grow breasts.
Hungarian energy firm MOL is in talks to acquire Chevron’s stake in a giant oilfield in Azerbaijan for more than $2 billion, according to three banking and industry sources involved in the process.
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