Yahoo Finance’s Alexis Christoforous and Brian Sozzi discuss the latest on impeachment talks and how it could impact the ability to make a trade deal with Ed Mills, Washington Policy Analyst at Raymond James. …read more […]
U.S. stocks opened slightly lower on Monday as investors braced for U.S.-China trade talks later in the week, after a rollercoaster start to the month on fears that the world’s largest economy could be sliding into a recession.
The U.S. Supreme Court on Monday declined to hear a bid by Sempra Energy’s San Diego Gas & Electric Co to recover $379 million from customers related to damages it was forced to pay out in litigation after the deadly 2007 California wildfires that burned hundreds of homes. After state courts turned away the utility’s challenge to a decision by California regulators to prohibit it from raising utility rates to compensate for the payouts because it had improperly maintained its equipment, the Supreme Court opted not to hear San Diego Gas & Electric’s appeal. …read more […]
(Bloomberg) — Donald Trump’s administration said the U.S. will stand aside when Turkey’s military launches an operation against America’s wartime Kurdish allies in Syria, a significant shift in American policy that raises questions over the fate of thousands of Islamic State detainees.The Kurdish-led Syrian Democratic Forces have been a close U.S. ally in the fight to defeat Islamic State. But Turkey considers Syria’s Kurdish militants a threat to its national security and President Recep Tayyip Erdogan has said his forces were ready to begin a military operation against them in northeastern Syria imminently.The decision represents a dramatic reversal for U.S. …read more […]
Top U.S. officials will welcome a high-ranking Chinese delegation starting Oct. 10 for the latest round of trade talks aimed at easing tensions between the world’s two largest economies, the White House confirmed on Monday.
Yahoo Finance’s Alexis Christoforous, Brian Sozzi, and Edmund Heaphy discuss HSBC’s plans to cut up to 10,000 jobs. …read more […]
United Auto Workers are extending their strike against General Motors after rejecting the company’s latest offer. Yahoo Finance’s Alexis Christoforous, Brian Sozzi, and Rick Newman discuss. …read more […]
Tariff concessions from the United States and China last month fanned hopes of a dissolution to a prolonged trade war, but market participants have grown nervous about the outcome of high-level negotiations that begin on Thursday. Chinese officials signaled they were increasingly reluctant to agree to a broad trade deal pursued by U.S. President Donald Trump, Bloomberg reported over the weekend. “Right now, investors are more focused on an actual outcome from these talks, but a majority have become somewhat skeptical that there will be something concrete this week,” said Rick Meckler, partner at Cherry Lane Investments, New …read more […]
Wall Street’s main indexes were set to slip at the opening bell on Monday as investors braced for U.S.-China trade talks later in the week, after a rollercoaster start to the month on fears that the world’s largest economy could be sliding into a recession.
China is reportedly trying to leave U.S. demands out of the next round of trade talks that are set to begin later this week. Yahoo FInnace’s Brian Sozzi, Alexis Christoforous, and Andy Serwer break down the details and what to expect. …read more […]
2019 has not been a great year to own biotech stocks (so far). Since the year began, the Nasdaq Biotechnology Index (NBI) is down more than six percentage points, against near 16% rise for the S&P 500.But not all biotechs are created equal — and not all biotech stocks will remain as cheap as they are today. Utilizing the Stock Screener at TipRanks to seek out strong-buy-rated stocks with incredible profit potential, we’ve come up with a trio of small cap biotechs with a chance to triple their share price (or more) in the coming year. Let’s take a closer …read more […]
General Electric Co said on Monday it was freezing pension plans for about 20,000 U.S. employees with salaried benefits, as the industrial conglomerate makes another drastic move to cut debt and reduce its pension deficit by up to $8 billion.
As investors get ready for third quarter earnings season, several signs point to danger ahead. …read more […]
BioTelemetry, Inc. (NASDAQ:BEAT), which is in the healthcare business, and is based in United States, received a lot… …read more […]
While markets have had a choppy week, 2019 has revealed some outstanding performers in certain underrated sectors. Technology and healthcare have been solid spaces to invest in, despite how the headlines might appear. …read more […]
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