Trading Ideas

ANKARA, Turkey (AP) — Turkey’s central bank took action Monday to free up cash for banks as the country grapples with a currency crisis sparked by concerns over President Recep Tayyip Erdogan’s economic policies and a trade and diplomatic dispute with the United States. …read more […]

Former White House Press Secretary Sean Spicer on Omarosa Manigault-Newman making secret recordings at the White House including chief of staff John Kelly. …read more […]

The cloud service provider’s numbers look great — but mind the GAAP. …read more […]

Shares in Europe’s major banks lost further ground on Monday, as concerns about Turkey’s deepening currency crisis spread to other emerging markets. Turkey’s lira pulled back from a record low against the dollar on Monday morning after the central bank pledged to provide liquidity and cut reserve requirements for Turkish banks, but the currency’s meltdown continued to shake global markets. The lira has lost most than 40 percent of its value so far in 2018. …read more […]

The Zacks Analyst Blog Highlights: Apple, Amazon.com, Adobe, Micron Technology and Intel …read more […]

Claiming early could sometimes give you a higher household income. …read more […]

Aug.13 — Bayer AG shares plunged the most in nearly seven years after Monsanto Co. lost a trial related to Roundup weed killer. Bloomberg’s Naomi Kresge reports on “Bloomberg Surveillance.” …read more […]

Elon Musk is either in the midst of pulling off the go-private deal of the century, or he’s making the best of a weak hand in a game of high-stakes poker before the company reports earnings in early November. Musk has shown a facility for gambling before. The recap: On Tuesday, Musk dropped a bombshell, tweeting that he is “considering taking Tesla private at $420 a share. …read more […]

USA Today business reporter Nathan Bomey on the fallout from Tesla CEO Elon Musk’s tweet that he was considering taking the company private. …read more […]

Turkey’s lira pulled back from a record low of 7.24 to the dollar on Monday after the central bank pledged to provide liquidity and cut reserve requirements for Turkish banks, but its meltdown continued to rattle global markets. The currency has lost more than 40 percent against the dollar this year, largely over worries about President Tayyip Erdogan’s influence over the economy, his repeated calls for lower interest rates, and worsening ties with the United States. On Friday that relentless slide turned into a crash: the lira dropped as much as 18 percent, hitting U.S. and European stocks …read more […]

Former presidential adviser Omarosa Manigault Newman is drawing fire from President Donald Trump’s allies and national security experts for secret recordings she made at the White House, including her firing by chief of staff John Kelly in the high-security Situation Room. Manigault Newman said Sunday on NBC’s “Meet the Press” that she surreptitiously recorded a number of conversations in the White House for her own protection. Parts of her conversation with Kelly were played on the air. …read more […]

Buckeye Partners’ management swears its payout is secure, but yields this high don’t usually stick around for long. …read more […]

World markets shuddered on Monday, as Turkey’s worsening currency crisis persuaded investors to dump equities and emerging markets and flee to safer assets such as government bonds and the dollar. The MSCI world equity index, which tracks shares in 47 countries, was down 0.5 percent on Monday and 1.6 percent since Friday’s open as the Turkish lira plunged to a record low, forcing the country’s finance minister to announce an economic action plan to ease nerves . The lira has tumbled on worries over Turkish President Tayyip Erdogan’s increasing control over the economy and deteriorating relations with …read more […]

Turkey’s lira pulled back from a record low of 7.24 to the dollar on Monday after the central bank pledged to provide liquidity and cut reserve requirements for Turkish banks, but its meltdown continued to rattle global markets. The currency has lost more than 40 percent against the dollar this year, largely over worries about President Tayyip Erdogan’s influence over the economy, his repeated calls for lower interest rates, and worsening ties with the United States. On Friday that relentless slide turned into a crash: the lira dropped as much as 18 percent, hitting U.S. and European stocks …read more […]

As China’s leaders gather for their annual Yellow Sea retreat, the country’s political waters are looking choppy. Chinese President and ruling Communist Party leader Xi Jinping is beset by economic, foreign policy and domestic political challenges just months after clearing his way to rule for as long as he wants as China’s most dominant leader since Mao Zedong. Mounting criticism of the Xi administration’s policies has exposed the risks he faces from amassing so much power: He’s made himself a natural target for blame. …read more […]