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News & Updates
February 15, 2019 German economy narrowly avoids recessionSource: BBC
Europe's largest economy registered zero growth during the fourth quarter of 2018, the country's Federal Statistics Office said.
February 15, 2019 In China, government policies, rather than GDP numbers, tell us most about marketsSource: South China Morning Post
Crosscurrents is also an apt descriptor for what is happening within the Chinese economy. On the one hand, the government aims to support the economy. On the other hand, the importance of controlling systemic risks limits the use...
New York - Coca-Cola issued a disappointing forecast of 4% growth in 2019 due to the global economic slowdown, a strong dollar and political uncertainty.
February 15, 2019 Best and worst mortgage rates for homebuyers, by stateSource: Fox Business
U.S. homebuyers are facing affordability Opens a New Window. challenges as home prices continue rising, however everything from mortgage Opens a New Window. rate terms to average down payments can vary markedly from state to...
February 15, 2019 Chipotle CEO on the company's dramatic turnaround - videoSource: CNN/YouTube
CNN's Christine Romans sits down with Chipotle's CEO to discuss the chain's turnaround, its soaring stock price, and what the future of its restaurants looks like.
February 15, 2019 Amazon cancels plans to build New York headquartersSource: CNN
New York - Amazon is ditching its plans to build a new headquarters in New York after facing backlash from members of the community.
February 15, 2019 JP Morgan is rolling out the first US bank-backed cryptocurrency to transform payments businessSource: CNBC
J.P. Morgan is preparing for a future in which parts of the essential underpinning of global capitalism, from cross-border payments to corporate debt issuance, move to the blockchain.
The sudden and unexpected plunge in December's retail sales data raised new concerns about a recession, but economists also say the biggest drop in nine years clashes with other data and may be suspect.
February 14, 2019 The former Apple lawyer who was supposed to keep employees from insider trading has been charged with insider tradingSource: CNBC
Gene Levoff, senior director of corporate law and corporate secretary until September, "traded on material nonpublic information about Apple's earnings three times during 2015 and 2016," according to the lawsuit filed Wednesday...
February 14, 2019 General Electric's Shake-Up Will Add ValueSource: Seeking Alpha
Change can be a great thing, especially when that change involves a struggling conglomerate very much in need of a way to do things differently than it had in the past.
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