Stocks slipped on Tuesday as investors digested a sharp rebound from a strong sell-off last week.US Marketsread more
For investors still haunted by last week's monster sell-off, the market's comeback is set to last, according to J.P. Morgan's quant guru.Marketsread more
The FDIC on Tuesday voted to approve a five-agency revision of the post-crisis regulation known as the Volcker Rule.Financeread more
The launch follows a "preview" earlier this month that allowed only limited customers to apply.Technologyread more
A U.S.-China trade deal would be less likely if President Xi cracks down violently on the large-scale protests in Hong Kong, Secretary of State Mike Pompeo tells CNBC.Politicsread more
At least three children held in detention centers at the Mexican border have died, in part, from the flu, a group of doctors say.Health and Scienceread more
The report was conducted by Senator Jon Kyl, R-AZ, and a team of lawyers who interviewed conservatives who use ans study Facebook.Technologyread more
Home Depot's CEO says the retailer cut its outlook partly due to "the potential impacts to the U.S. consumer arising from recently announced tariffs."Retailread more
Energy stocks may be fueling up for a comeback rally. One technical analyst says that after the sector's pummeling, these two stocks look particularly good.Trading Nationread more
U.S. interest rates will keep falling and follow global interest rates all the way down to zero, hedge fund manager Kyle Bass said.Marketsread more
Financial advisers are always "buying at the wrong time and selling at the wrong time because they're emotional," the billionaire founder of Baron Capital says.Marketsread more
"Patience" is the key word. Will the Fed keep it or drop it from its statement tomorrow?
In its most recent Fed note, Barclay's said, "We expect the Fed to end forward guidance by dropping the patience language from the statement in favor of language that highlights that the economic outlook warrants a gradual removal of policy accommodation."
DoubleLine's Jeffrey Gundlach said he believes "patience" will be eliminated from the statement. Instead he said he thinks it'll be replaced by the word "flexible."
Why all the walking on eggshells? As the dollar strengthens against the euro, U.S. exports are getting more expensive. And with oil dropping to multi-year lows, there are serious concerns the crucial energy sector of the American economy is in long-term danger. With those factors in mind, many economists believe a hike in interest rates is far too risky right now.
"To a certain extent the Fed is being held hostage by oil and the dollar/euro market," said Jim Iuorio, managing director of TJM Institutional Services. "I don't think they will tighten in June, but at the very least they will take out the 'patience' word. But they will couch it and bubble wrap it as much as possible to avoid any market shocks."