By Jon D. Markman On September 19, 201906:28 AM Eastern
Stocks yo-yoed between steep losses and modest gains on Wednesday after the Federal Reserve lowered interest rates, but signaled a divided outlook for rate cuts the rest of the year.
The Dow...
By Jon D. Markman On September 18, 201903:20 PM Eastern
Stocks extended their recent declines Wednesday after the Federal Reserve lowered interest rates but signaled a divided outlook for the rest of the year.
The Dow Jones Industrial Average dropped...
By Juan M. Villaverde On September 18, 201902:45 PM Eastern
One year ago, we made a startling prediction: That today’s banking system will be transformed, and potentially replaced, by the technology that powers cryptocurrencies.
Now, key elements of that...
By Mike Larson On September 18, 201908:00 AM Eastern
You know the mantra I’ve been preaching since early 2018: Playing “defense” will pay off best. That’s because overhyped, overowned, high-flying, high-risk stocks aren’t leading the market anymore....
By Jon D. Markman On September 17, 201902:55 PM Eastern
Stocks are banging around the unchanged line today as oil prices slump and reverse some of yesterday’s historic jump.
Through 2:30 p.m. Eastern, the Dow was down 25 points, or 0.1%, a day after...
By Jon D. Markman On September 17, 201906:28 AM Eastern
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Note: We might not publish on Wednesday. If so, the next issue will be Thursday morning.
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Stocks were hit in the face by a punch higher in crude oil prices amid Mideast tensions...
By Tony Sagami On September 16, 201903:54 PM Eastern
Do you trust me?
Every transaction requires trust. If I pay you for a good or service, you trust that the currency I give you is authentic. And I trust that the liquid you pump into my car, for...
By Jon D. Markman On September 16, 201903:25 PM Eastern
Shares of U.S. energy producers are surging today after weekend attacks on Saudi oil production facilities knocked out 6% of global oil output.
The commodity price hike is giving a boost to...
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By Sean Brodrick On September 16, 201911:30 AM Eastern
Over the weekend, a drone swarm slammed into Saudi Arabia’s oil infrastructure, knocking out 50% of the oil kingdom’s output.
That is effectively the world’s spare capacity.
Saudi Arabia...
By Jon D. Markman On September 16, 201909:00 AM Eastern
Last week, Apple (AAPL) execs revealed a trio of new iPhones for the second year running. But it was the aggressive pricing for its streaming media service, which debuts Nov. 1 in 100 countries...