Finance
Finance
Trump reportedly considering 25 percent tariff on foreign-made cars
Despite warnings from fellow Republicans and business leaders, White House advisors believe President Donald Trump has plans to impose a 25 percent tariff...
Your first trade for Wednesday, July 18
The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of L Brands Karen Finerman was...
Morgan Stanley shares jump more than 3% after profit tops the Street on strong trading and #investment #banking
Morgan Stanley crushed profit expectations on trading and investment banking results that exceeded analysts’ expectations. The New York-based company said profit surged 39...
Elon Musk apologizes to British cave diver following baseless ‘pedo guy’ claim
Tesla CEO Elon Musk apologized after making the baseless claim that a British diver involved in the Thai cave rescue mission was a...
Amazon shares slide despite record Prime Day results
Shares of Amazon ticked lower on Wednesday despite the e-commerce giant reporting its annual Prime Day was its biggest sales event ever. The...
A bullish ‘phenomenon’ in bond market is weeks away from fading, top credit strategist says
Investors appear to be warming up to an overlooked area of the fixed income market. Wells Fargo Securities’ George Bory sees a bullish...
Augmented an $8 billion revenue opportunity for Apple
Apple’s move into augmented reality could boost iPhone and App Store sales, resulting in as much as $8 billion in revenue for the...
More than a third of small businesses can’t fill open jobs, matching a record
Including tax benefits, tech and financial companies are expected to grow profits by 23.2 percent and 22.5 percent, respectively. This would be a...
Tech companies and banks are expected to have big numbers this season
Including tax benefits, tech and financial companies are expected to grow profits by 23.2 percent and 22.5 percent, respectively. This would be a...
OMG Morgan Stanley just promoted a leading contender to eventually succeed CEO James Gorman
Pick, a Morgan Stanley veteran who started in the firm’s investment bank, has been steadily adding responsibilities. With the addition of investment banking,...
expensive investment book tearing up the Amazon Kindle charts is actually an illegal copy
On Tuesday Klarman’s firm, Baupost, said the book listing on Amazon was not legitimate. Other media outlets reported the book’s rise on the...
Trump will eventually clash with the Federal Reserve, turning monetary policy into a political activity
Understanding what the President wants from the Fed is not hard. Higher interest rates place tremendous strain on the Federal budget with its...
Ex-Bank of America exec claims wrongful termination, defamation and seeks at least $20 million
It began as an ordinary night for six Bank of America employees, who were out to celebrate the holidays. In mid-December, the members...
Trump has repeatedly criticized the motorcycle manufacturer recently
Trump knocks Harley-Davidson again, says administration working to bring other motorcycle companies to the US In 2014, the top five companies with the...
India’s massive state banks are in trouble. with mounting levels of bad loans
” The government will have to think through some of the issues,” he added. “They will have to strike some balance, in terms...
