Dispelling trade war fears, China, on Tuesday, announced that it will remove the cap on foreign ownership of domestic auto ventures. This will allow foreign carmakers to take full ownership of their local joint ventures. The decision will certainly bring a smile on the faces of U.S. automakers, which have been operating in China under this restriction since 1994. Full ownership means complete control....More>>>
We just discovered a major new 2016 stock market crash warning sign in the markets this week. And this time, the stock market crash warning sign is coming from the Bank of Japan (BOJ).
The BOJ appears ready to take its negative-interest-rate policy (NIRP) a step further and venture even deeper into negative territory. The BOJ first shocked markets on Jan. 29 when it adopted negative....More>>>
Despite rising consumer confidence, a lot of factors are plaguing the U.S. economy of late. We note that the market is currently caught between weaker-than-expected March employment data, President Donald Trump’s airstrike against Syria and new policies from Federal Reserve (‘Fed’) that have already begun to hurt investors’ sentiment.
Last week commenced with disappointing....More>>>
It easily could be a tough day for stocks, as traders are worrying about Spar-a-Lago and moping about yesterdays ugly finish.
Why exactly does the stock market keep wallowing below its March 1 peak?
Analysts have a list of potential culprits: the Donald Trump-Xi Jinping summit that starts today in Florida, fears that tax cuts wont come soon, and the Feds plans to pare back its stockpile....More>>>
INDIANAPOLIS Executives with electronics and appliance retailer HHGregg announced Tuesday that the struggling business has filed for Chapter 11 bankruptcy.
News of the filing comes just days after the company announced the shuttering of 88 stores in 15 states, a major move made to give the retailer a better chance at survival.
Indianapolis-based HHGregg has signed a term sheet with....More>>>
U.S. equities hovered near the unchanged line on Monday as investors and traders seemed more enamored by the solar eclipse than anything happening on Wall Street.
In the end, the Dow Jones Industrial Average gained 0.1%, the S&P 500 gained 0.1%, the Nasdaq Composite lost 0.1% and the Russell 2000 finished the day down 0.1%. Treasury bonds were stronger, the dollar was weaker,....More>>>
QI signed up for Medicare Part A when I turned 65, but I didnt enroll in Part B because I was still working and had health insurance from my employer. But now Im 68, and I plan to retire later this year. What do I need to do to enroll in Medicare Part B, and when do I need to do it?
SEE ALSO: 10 Things You Must Know About Medicare A
Many people who are still working just sign up....More>>>
Heres another reason why the Federal Reserve can leave rates unchanged Wednesday: Financial conditions are significantly tighter thanks to new money-market regulations that go into effect next month.
Liborthe London interbank offered rate, a measure of the cost for banks to borrow from each other in dollars that also serves as a benchmark reference rate for trillions of dollars in private-sector....More>>>
Uber driverless Ford Fusions sit in the Uber Technical Center parking lot on September, 22, 2016 in Pittsburgh, Pennsylvania. (Photo by Jeff Swensen/Getty Images)
The self-driving car craze seemed to come out of left field. In just the last few years, the idea that cars could pilot themselves around cities and along freeways went from science fiction to a genuine possibility.
As 2016 winds down, the holiday season approaches and a new government administration gears up to take office, many Americans are struggling to figure out their goals and finances for next year. Unfortunately, many people will not achieve their financial goals next year or even get started, leaving their future financial security up in the air. So decided to reach out to the professors at The....More>>>