The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according to a filing the steelmaker made with...US Marketsread more
Beijing will lower borrowing costs for companies, but that may not boost the economy as much as some hope.China Economyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Stocks in Asia edged higher Tuesday morning as investors await the release of minutes from the Reserve Bank of Australia's July meeting. The People's Bank of China is also set...Asia Marketsread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
Apple has spent more than $6 billion on original TV shows and movies for its forthcoming Apple TV+ service, according to a Financial Times report on Monday.Technologyread more
The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
"These days, the consumer is addicted to convenience ... If it doesn't have a great digital presence or incredible bargains, take a pass," Jim Cramer says.Mad Money with Jim Cramerread more
One trade that didn't work last year is small caps, and options traders are betting the downturn will continue.
According to a popular Wall Street theory and the Stock Trader's Almanac, small caps tend to outperform large caps beginning in mid-December. However, on December 17th, the Russell 2000 index entered bear market territory, sinking 20 percent from its all-time high hit in late August. Since then, the index is down another 5 percent.
While 2018 marks the index's worst year since 2015, options traders believe small caps could plunge even further.
"This is a very inexpensive trade" Najarian said on Thursday's "Halftime Report". "I'll be in these puts for just a very short time, about two weeks," he added.
These puts expire February 1st and Najarian thinks they should "perform very nicely" if the ETF trades lower to around $125.