After a week of high-octane turbulence, stocks have a good chance of drifting higher in the week ahead, giving the year a bullish finale.» Read More
Shaken by what seemed to be an earthquake in the world’s financial markets two years ago, millions of retirees fled to safety, shifting their holdings into safer investments. What should they do now? The NYT reports.
You think you're clueless? Are stocks undervalued? Overbought? Who knows? The S&P 500 is up 7.2 percent this month, a great start, but volume is positively horrible. No one is quite sure what to make of this.
These August numbers cannot be explained by the normal summer-related excuse. The same month generated such a substantial amount more in 2009. I fear what the comparison numbers might be for September, October, and November. It could make for a not-so-jolly holiday season.
An article published in the Financial Times Wednesday discusses a forecast by GFMS, a consultancy, which believes that the world’s central banks will purchase 15 tonnes of gold on a net basis this year, the first net purchase since 1988, according to GFMS. Central banks for a number of years have been liquidating their gold stockpiles in favor of holding paper currencies such as the U.S. dollar.
U.S. stock index futures remained lower after a positive report on jobless claims and a 0.4 rise in the Producer Price Index.
Tom Nides, Morgan Stanley’s chief operating officer and a long-time aide to the bank’s chairman, John Mack, is in discussions to take a senior post in Hillary Clinton’s state department, reports the Financial Times.
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See what's happening, who's talking and what will be making headlines on Thursday's Squawk on the Street.
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Three former female employees at Goldman Sachs sued the investment bank on Wednesday, contending that the firm discriminates systematically against women, the New York Times reports.
Weekly jobless claims and the Philadelphia Fed survey are the reports to watch Thursday, but the intrigue in currency markets will likely be what keeps traders chattering.
Stocks closed higher, gaining strength in the last hour of trading after struggling to find direction throughout a session marked by mixed economic news. Travelers rose, while United Technologies fell.
Dividend seekers should look to firms that focus on growth, rather than merely offering high yields, said Jeff Krumpelman, dividend growth portfolio manager at Hilliard Lyons Capital Management, and Doug MacKay, CIO of Broadleaf Partners. They shared their best plays.
Stocks added to gains as the closing bell neared after struggling to find direction much of the day. Travelers rose, while Alcoa fell.
For the last two days, traders have tried to sell the market off at the open, and have run out of steam in the first half hour. In other words, there are not sufficient sellers to keep the market down. Why not?
Beyond the audible gasp over an incomprehensible $6.6 trillion figure (the retirement shortfall), there is a major ripple effect for the US and global economies.
After making the short heard 'round the world with his bet against the subprime housing market, here's what Steve Eisman, one of the key players in "The Big Short," is betting against now.
How does an order flow? How does it actually execute? Who facilitates the trade?
Stocks wavered Wednesday after a batch of weak economic reports. Should investors brace for a pullback? Andy Bischel, CIO of SKBA Capital Management, and Ron Carson, CEO and founder of Carson Wealth Management, discussed their insights.
Stocks were modestly higher Wednesday amid light volume and after a cluster of economic data gave a mixed view of the economy's future. Travelers rose, Chevron fell.