U.S. stocks will be taking cues from central bankers more than usual in the coming week as investors await pronouncements from the Federal Reserve and clarification on the Bank of Japans easing efforts.
Stocks preserved weekly gains on Friday amid a selloff, with the Dow Jones Industrial
The Trump administration argued in a legal brief Friday that the president has the power to fire the head of the Consumer Financial Protection Bureau, siding with a financial firm that is fighting a $109 million fine in court.
The case at issue is being closely watched by Wall Street and consumer advocates because it challenges the constitutionality of the CFPB. Legal experts say it is....More>>>
U.S. stock futures are trading broadly higher this morning, as Wall Street eyes Dow 24K. Positive sentiment is helping push the Dow Jones Industrial Average toward this record benchmark, after the Senate Budget Committee voted to advance a Republican tax bill.
Economic data is also providing lift, with a second estimate on U.S. third-quarter gross domestic product, October pending home sales....More>>>
Warren Buffett’s Berkshire Hathaway (BRK.B) is falling out of love with Walmart Stores (WMT, $68.87). It sold the majority of its holdings in the world’s largest retailer last year. In the final three months of 2016 alone, according to Berkshires latest 13-F filing with the Securities and Exchange Commission, Buffett trimmed his Walmart holdings to 1.4 million shares from 13 million....More>>>
Pop icon and venerable actor William Shatner is known as much for Star Trek character Captain Kirk as he is for being the face of PriceLine.com. Despite having been vaporized in Star Trek and retired by PriceLine, Shatner continues to attract huge brand recognition, and companies that utilize his resonant voice and congenial character often see tremendous customer growth.
The Q1 2017 earnings report for small cap motor home or RV stock Winnebago Industries, Inc (NYSE: WGO) is scheduled for before the market opens onWednesday (October 21th). In 2014, Winnebago Industries was in our SmallCap Network Elite Opportunity (SCN EO) portfolioas we believed the company would benefit from lower gas pricesalong with aBaby Boomer generation whos recreational retirement spending....More>>>
A luxury hotel in Austria pays ransom — for the fourth time — when hackers keep the keycards of guests out of their ritzy rooms.
The San Francisco transit system resists the urge to buy its way out of a hack that kidnaps its light-rail system, leaving strap-hangers unhinged.
A premier computer college in the United States stages a dramatic demonstration: It hacks the water....More>>>
Twitter’s executive exodus could hurt TWTR stock investors further in the coming months, potentially also denting Twitter’s chances of turning a profit in 2017.
Patrick Moorhead, a prominent voice on the tech industry couldn’t have put it better when he said that Twitter (NYSE:TWTR)has been a revolving door for executives. The list of executives who have left....More>>>
IHS Markit (INFO) was formed by a merger of equals between two data companies in March 2016, where shareholders in US-based IHS own 57% of the combined company, while investors in London-headquartered Markit hold the remainder.
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Markit’s part of the entity is essentially a conglomerate of companies around credit market data. It grew from a....More>>>
How to play GE stock before earnings and president-elect Trump’s swearing in ceremony? Have a look.
General Electric (NYSE:GE) is scheduled to report its Q4 and FY 2016 earnings on Friday, 20th of Januarybefore themarket opens. The earnings release, however, is likely to be overshadowed by the swearing in ceremony of President Trump, which will be held just afew hours after. The....More>>>