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News & Updates

July 3, 2019 HP, Dell, other tech firms plan to shift production out of China: Nikkei

Source: Reuters

Several major U.S.-based technology companies are planning to shift substantial production out of China, spurred by a bitter trade war between Washington and Beijing, the Nikkei reported on Wednesday, citing sources.

July 3, 2019 House lawmakers officially ask Facebook to put Libra cryptocurrency project on hold

Source: THE verge

House Democrats are requesting Facebook halt development of its proposed cryptocurrency project Libra, as well as its digital wallet Calibra, until Congress and regulators have time to investigate the possible risks it poses to...

July 3, 2019 Tesla stock surges after setting new delivery and production records

Source: CNBC

esla shares surged Tuesday after the electric auto maker said it shattered its previous production and delivery records during the second quarter, soundly beating analysts’ estimates.

July 3, 2019 Why Fiat Is Struggling In The United States

Source: YouTube

Fiat first left the United States in 1983 amid poor sales and a reputation for unreliability. The iconic Italian automaker returned in 2010 and nearly a decade later it's facing new issues as Fiat Chrysler Automobiles says it has...

July 3, 2019 Housing is providing another in a line of troubling signs pointing to an economic downturn

Source: CNBC

A Federal Reserve economist says the current housing backdrop is similar to recent economic slumps, with several metrics “consistent with the possibility of a late 2019 or early 2020 recession.”

July 3, 2019 Christine Lagarde tapped as next president of Europe's central bank

Source: CNN

London (CNN Business)Christine Lagarde has been tapped as the next president of the European Central Bank, an appointment that would make her the first woman to lead the powerful institution.

July 3, 2019 ‘Best banks’ of 2019 revealed: Kiplinger

Source: Fox Business

Less than a week after the Federal Reserve Opens a New Window. completed the second round of its annual stress test Opens a New Window. s Opens a New Window. for the country’s top 18 banks, Kiplinger Personal Finance unveiled...

July 3, 2019 I’ve been a ‘millennial therapist’ for more than 5 years—and this is their No. 1 complaint

Source: CNBC

As a Gen X’er, I’ve heard all the millennial stereotypes — they’re lazy, entitled, self-centered, oversensitive and unprepared. But after studying and getting to know them, what I found was a rising generation of smart and highly...

July 2, 2019 S&P 500 reaches record close following G-20

Source: YouTube/CNBC

Jeffrey Saut of Capital Wealth Planning, Barry Bannister of Stifel and Lindsey Bell of CFRA Research join CNBC's "Closing Bell" to discuss the markets.

July 2, 2019 Rich get richer, everyone else not so much in record U.S. expansion

Source: Reuters

Welcome to the longest U.S. economic expansion in history, one perhaps best characterized by the excesses of extreme wealth and an ever-widening chasm between the unfathomably rich and everyone else.

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