Gold backed off on Wednesday, as traders and investors opted for individual company equities. However, fundamental and technical data still suggests gold’s in for much higher levels ahead. With Trump’s ongoing reflationary theme, commodities in general have continued to trade higher, albeit not without some volatility along the way, but gold’s been one of the bigger benefactors....More>>>
NEW YORK The outspoken CEO of the largest automotive dealership chain in the U.S. publicly questioned the market value of Tesla on Tuesday, escalating the rivalry between traditional dealers and the electric-vehicle maker.
Tesla is “either one of the great Ponzi schemes of all time or its gonna work out,” AutoNation CEO Mike Jackson said at a forum presented ahead of theahead....More>>>
“House of Cards” will conclude after its sixth season, which is currently filming, a source close to production tells CNN.
The announcement comes less than one day after star Kevin Spacey was accused of sexual misconduct by an actor who says he was a minor at the time of the alleged incident.
The decision to end the show and the allegations facing Spacey were “two....More>>>
(Photo by Spencer Platt/Getty Images)
Shares of Tesla are certainly riding high, hitting fresh record levels as it surpassed Ford Motor’s total market value of $45.19 billion — and not far from General Motors’ value of $51.34 billion. So, evidently investors are excited by Tesla with its market cap of $49.3 billion and growth prospects, but at this point should investors....More>>>
President Trump took credit Tuesday for “the safest year on record” for U.S. air travel, touting zero deaths in 2017. But there actually haven’t been any deaths on a U.S. passenger airline in nearly nine years.
Still, the president took credit for the safety record in a tweet.
“Since taking office I have been very strict on Commercial Aviation. Good news....More>>>
Many biotech stocks took a beating as price gouging from the likes of Valeant (Nitropress), Mylan (epi-pens), and Turing (Daraprim) became a political issue during last year’s presidential campaign. Consequently, we enter 2017 with many companies priced so attractively that they have become acquisition targets. Todd Hagopian outlines his top takeover targets.
Howard Schultz, who helped turn Starbucks into an iconic global brand as well known for its activism as its coffee blends, will step down from the role of CEO in April.
Schultz will become the companys executive chairman, concentrating on ramping up Starbucks Reserve Roasteries, a new premium experience that the company is betting on to boost growth worldwide, as well as the companys well-known....More>>>
This post is sponsored by TD Ameritrade
Talk about a letdown.
Friday’s monthly jobs report was a big whiff, raising questions about the health of the economy and causing investors to re-think odds of a summer interest rate hike.
The U.S. economy created just 38,000 jobs in May, the government said Friday in its....More>>>
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Steven Mnuchin could soon be signing your money, so it’s kind of a big deal that his signature is illegible.
President-elect Trump has picked Mnuchin to replace Jack Lew as the next Treasury secretary. If the Senate approves his Cabinet pick, then Mnuchin’s signature will appear in the lower right corner of newly printed currency.
But he’s no John Hancock. Mnuchin’s....More>>>