Business News
Wall Street rally halts as financial shares slide
Financial shares led U.S. stocks lower on Tuesday to end a three-day rally as investors awaited comments from Federal Reserve Chair Jerome Powell at the end of the week.
Year: 2019
Business News
Trump looking at possible U.S. tax cuts but not now
President Donald Trump on Tuesday said his administration was looking to cut U.S. taxes, but he was not talking about doing anything at this moment.
Business News
U.S. conservatives say Facebook needs ‘significant work’ to address concerns: former senator
A review by a former Republican U.S. senator concludes that political conservatives believe Facebook Inc needs to do “significant work” to satisfy their concerns that the social media website is biased, describing policies and examples that they found problematic without laying out evidence of systemic partisanship.
Business News
Safe havens rise as recession concerns trigger easing bets
Traditional safe-havens including the Japanese yen and U.S. Treasuries were sought out on Tuesday even as there were signs that more economic stimulus was on its way, as traders focused on concerns over a global deceleration.
Trading Ideas
The List of Marijuana Stocks NOT Suffering Right Now
Some days, facing the news cycle maelstrom feels overwhelming. And we’re in a period where all news is seemingly bad news.
A couple of weeks ago, it looked as if pot stocks were bottoming out and the hurricane of negative headlines for cannabis was coming to an end.
Unfortunately, in recent days, we’ve witnessed an abrupt reversal of fortune from the North American Marijuana Index.
So for this week’s Making the Grade, I wanted to remind investors of the top performers over the past month. The sun may not be shining on all pot stocks right now, but a few are enjoying a …read more […]
Business News
Wall St. slips after three days of gains; Home Depot rises
Wall Street’s main indexes edged lower on Tuesday after three sessions of gains, as lower Treasury yields weighed on financial stocks, offsetting a boost from Home Depot’s better-than-expected quarterly earnings.
Business News
U.S. regulators hand Wall Street a major win with stripped-down ‘Volcker Rule’
U.S. banking regulators on Tuesday approved changes easing a rule introduced after the 2007-2009 financial crisis that bans banks from trading on their own account, giving Wall Street one of its biggest wins under the Trump administration. The Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) approved the revamped version of the so-called “Volcker Rule,” which aims to ban lenders that accept U.S. taxpayer-insured depos
Business News
Oil steadies as hopes of easing trade tensions lend support
Oil prices steadied on Tuesday on optimism U.S.-China trade tensions will ease and hopes major economies will take stimulus measures to ward off a possible economic slowdown, after falling earlier on concerns over future demand.
Investor Presentations
NexTech AR Solutions Corp. (OTC: NEXCF) NEXT SUPER STOCK conference presentation
NexTech AR Solutions Corp. (OTC: NEXCF) Next Super Stock investor conference presentation 8/15/2019
Business News
Facebook users to see, control personal data taken from other websites
Facebook Inc said on Tuesday it was tweaking its policies to allow users to see and control the data that other websites and apps share with the social network to improve targeted advertising.
Business News
Wall Street treads water after three-day winning streak as financials weigh
U.S. stocks were little changed on Tuesday after three sessions of gains, as lower Treasury yields weighed on financial shares, offsetting a boost from Home Depot’s better-than-expected earnings.
Business News
Goldman CEO memo calls Apple Card ‘a beginning’ on launch day
Goldman Sachs Group Inc officially became a credit-card lender on Tuesday by rolling out its first product with Apple Inc , but the bank has aspirations to grow much bigger in consumer lending, its chief executive said in an internal memo viewed by Reuters.
Business News
Home Depot beats quarterly profit estimates, warns of tariff impact
Home Depot Inc beat quarterly profit estimates on Tuesday as it sold more big-ticket items to high-spending builders and handymen, while flagging the potential impact of U.S. President Donald Trump’s ongoing trade tussle with China on consumers.
Trading Ideas
How Sir John Templeton Would Play Today’s Markets
Recent market volatility has spurred fears of a looming recession and bear market.
Today, Nicholas Vardy explains what Sir John Templeton, the father of global investing, would have done and how savvy investors can follow his example and prepare themselves today.
Click here to listen to today’s article.
Speculation of a looming U.S. recession has been acute.
Analysts like Gary Shilling suggest that we are already in the midst of a recession.
In contrast, Trump advisor Larry Kudlow, the director of the National Economic Council, recently asserted, “I don’t see a recession at all.”
This debate has struck global stock market sentiment hard.
The CNN Fear & …read more […]
Business News
Ex-Republican senator: Facebook has ‘significant work’ to address conservatives’ concerns
A year-long review by a former Republican U.S. senator concludes that Facebook Inc has “significant work to be done to satisfy” concerns on the political right that the social media website is biased against conservatives.