Year: 2020

Anyone researching Rockwell Medical, Inc. (NASDAQ:RMTI) might want to consider the historical volatility of the share… …read more […]

Fed Chairman Jerome Powell told Congress that Coronavirus concerns are not enough to knock the Fed off of its stance on interest rates, adding that the expansion does not look “unsustainable.” …read more […]

In the world of economists, Thomas Piketty has been lauded as an overnight rock star. But does he really have anything new to say?
Today, Nicholas Vardy explains why Piketty’s financial economics are hardly worthy of acclaim.

Last week, I saw French economist Thomas Piketty introduce his new book, Capitalism and Ideology, at the London School of Economics.
Few Americans have ever heard of Piketty.
But in the world of economists, Piketty’s earlier book Capital in the Twenty-First Century, published in 2014, turned this obscure French academic into an economic rock star overnight.
I was excited to find out what the fuss was all about.
Piketty …read more […]

Shares of Boeing plummeted after the company reported that it sold no commercial aircrafts for the first time since 1962. Yahoo Finance’s Julie Hyman breaks down the details on On The Move. …read more […]

Bernie is surging and Democrats are getting nervous. Listen to Electionomics today …read more […]

After a stock endures a beating from the public market, it can be tempting to abandon ship. As any seasoned investor knows, if a stock has fallen from grace and is trading at lower levels, there could be a good reason. Whether it be overwhelming recent obstacles or poor underlying fundamentals, all have the potential to hamper a company’s long-term growth prospects and keep them down in the dumps.By the same token, stocks that have been hit hard can present investors with an attractive entry-point before they take off and shoot for the moon. So, how are investors supposed to …read more […]

The oil and gas producer said in early January that it would cut its majority stake in pipeline operator Western Midstream to less than 50% in 2020, as it seeks to reduce its debt that ballooned with the Anadarko deal. The company has been selling assets and cutting costs since it outbid Chevron Corp for Anadarko, quadrupling its debt to $40 billion. …read more […]

Maxine Waters, House Committee on Financial Services Majority Leader, questions Federal Reserve Chairman Jerome Powell during his testimony on Capitol Hill. …read more […]

(Bloomberg) — Americans increased their borrowing for the 22nd straight quarter as more households took out loans to buy homes or refinance existing mortgages, according to a report released today from the Federal Reserve Bank of New York.Total U.S. household debt rose by $601 billion in the fourth quarter, or 1.4%, surpassing $14 trillion for the first time, the New York Fed’s quarterly household credit and debt report showed. That’s $1.5 trillion above the previous peak in the third quarter of 2008. Overall household debt is now 26.8% above the second-quarter 2013 trough.Mortgage borrowing rose by $120 billion to $9.56 …read more […]

China mandated more quarantines within its borders on Tuesday, as the coronavirus outbreak continued its inexorable spread, claiming lives and infecting more citizens beyond the mainland. …read more […]