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News & Updates
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.
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...
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 StatesSource: 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 downturnSource: 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.”
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: KiplingerSource: 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 complaintSource: 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-20Source: 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.
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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