A surface-to-air missile shot down a U.S. military drone over the Strait of Hormuz, a U.S. official said Thursday.World Politicsread more
President Donald Trump has publicly blamed the Federal Reserve's interest rates hikes for holding back U.S. economic growth.The Fedread more
China's President Xi Jinping arrived in Pyongyang on Thursday morning for a state visit to North Korea — the first by a Chinese state leader in 14 years. Experts say the move...Asia Politicsread more
Gold prices spiked in the afternoon of Asian trading hours on Thursday after a dovish U.S Federal Reserve opened the door to further rate cuts, and the 10-year Treasury yield...Metalsread more
The Fed came very close to promising a rate cut Wednesday, and now markets are focused on a possible July rate cut.Market Insiderread more
Waymo has signed a deal with Renault and Nissan to develop self-driving cars and trucks for use in France, Japan and possibly other countries in Asia, including China, the...Autosread more
It's crucial to note that the culprit behind attacks on two commercial tankers last week has not been conclusively proven.World Politicsread more
"No U.S. drone was operating in Iranian airspace today," a U.S. Central Command spokesman said, according to NBC News.World Politicsread more
The Fed left interest rates unchanged at its monetary policy meeting. The U.S. central bank did, however, drop the word "patient " from its statement and said it would "act as...Asia Marketsread more
As the presidents of U.S. and China near a highly anticipated meeting on trade, the gap in both sides' expectations regarding a deal remains wide.World Politicsread more
Markets had expected the central bank to keep its benchmark interest rate steady while setting up a cut at the July meeting.The Fedread more
Boeing Co.: "Remember, you have to buy planes with dollars, so the dollar does not really impact them. It's one of only a couple companies that have that. And I think Boeing is on its way for a multi-year move again. It's recharged and now it's off to the races."
Gulfport Energy Corp.: "I am so soured on the oil patch, I am simply not going to recommend that stock. I did like Exxon's quarter. I will say that. But this group is just really, really hard to own."
Cullen/Frost Bankers Inc.: "It is one of the few regional banks that I actually feel good about. You know, we keep getting downgraded, downgraded, downgraded, a bunch of these. No one's downgrading Cullen/Frost. Why? Because the business is very strong."
Tyson Foods: "They report this Thursday. I think it may be a sucker's game to try to predict. This company has become one of the most unpredictable companies in the whole country, so I am going to say that I have to wait myself to see what they're going to do."
Duluth Holdings Inc.: "All weekend I wore my cameraman 'Max Steadycam' Duluth Trading jacket, and my wife thinks it is the coolest piece of clothing that I have. And I am a huge believer. And, by the way, it's warm. You can't get wet in it. I think Duluth's stuff is the best there is, so I'm going to say buy, buy, buy! I'm not kidding."
LendingClub Corp.: "I'm not a fan. I don't like crowdsourced lending. I think it's too dangerous. I'm going to have to say no on that one."