By Tony Sagami On September 20, 201908:00 AM Eastern
The doomsday forecasters should pay more attention to American consumers' spending habits. If they did, they'd know shoppers are still spending generously and powering the U.S. economy ever...
By Jon D. Markman On September 20, 201906:28 AM Eastern
Stocks churned like butter at a county fair on Thursday, shooting higher at the open and then just flipping lower midday and spiraling into a vacuous, energy draining, mystifying close.
The Dow...
By Juan M. Villaverde On September 19, 201904:25 PM Eastern
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Decentralized Lending Sets Formerly Depressed Cryptos on Fire
Until a short time ago, crypto trading was all very...
By Jon D. Markman On September 19, 201903:15 PM Eastern
Stocks are clicking modestly higher today as gains in shares of healthcare, materials and technology companies put the S&P 500 within striking distance of its closing high.
The Dow Jones...
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...