Is Federal Reserve Chairwoman Janet Yellen capable of conducting a bond-market bloodbath? Thats what some on Wall Street are wondering.
Albert Edwards, market strategist at Soci茅t茅 G茅n茅rale and noted permabear, expects Yellen, who is set to deliver semiannual testimony to the Senate Banking Committee on Tuesday, will trigger a steep bond selloff by talking up the possibility that....more>>>
On Wednesday, high-end grocer Whole Foods Market, Inc. (NASDAQ:WFM) reported adjusted first-quarter earnings that came in right in line with Wall Street’s expectations of 39 cents per share. But the company’s revenue for the three-month period was only $4.92 billion, while $4.98 billion was the consensus.
Source: Mike Mozart via Flickr (Modified)
Toss in yet another....more>>>
Our lasted featured recommendation is a tech name with a storied past — Texas Instruments (TXN), notes Nicholas Vardy, editor of Vardy’s Alpha Algorithm, a data-driven system.
Headquartered in Dallas, Texas, Texas Instruments is one of the top 10 semiconductor companies worldwide. It is also one of the world’s leading designers and suppliers of digital signal processors....more>>>
It’s looking like a pretty good time to buy a home, if you’re in the market for one. Interest rates have been near historic lows for many years now, but have started inching up. The national average mortgage interest rate is interesting, but the actual rate you’re quoted where you live might be a bit different.
Specifically, mortgage rates for 30-year loans hita nearly three-year....more>>>
China’s already massive rail network is about to get even bigger.
The country’s top economic planning agency has approved a 247 billion yuan ($36 billion) plan to better connect Beijing to the port city of Tianjin, as well as cities in neighboring Hebei Province.
The proposal calls for nine new rail lines stretching more than 1,100 km (680 miles) to be completed by 2020,....more>>>