Federal Reserve Board Chairwoman Janet Yellen testifies before the Senate Banking, Housing and Urban Affairs Committee February 14, 2017 in Washington, DC. Yellen testified on the topic of on ‘The Semiannual Monetary Policy Report to Congress.’ (Photo by Win McNamee/Getty Images)
All signals suggest that The Federal Reserve will increase rates this week, traders suggest there’s....More>>>
Futures for U.S. markets were higher late Thursday, but they have provided little guidance to Wall Street’s performance in regular trade in the final week of the year as both the Trump and Santa rallies wilted.
Both the Dow Jones Industrials and S&P 500 were up 0.07% while Nasdaq gained 0.12% at 9:28 p.m. EST.
Investors likely won’t push the Dow over the much-sought-after....More>>>
When it comes to gathering information, investors and hedge funds search competitively for highly accurate ways to outsmart the market. One of the timeliest Big Data sources available for consumer sentiment and purchase intent — the biggest stock indicators — is Twitter. Here are some types of tweets to look out for.
1. Stock events occur when an influential person or group tweets....More>>>
Federal prosecutors are pursuing a potential settlement of their record-settingforeign corruption lawsuit that seeks$1 billion in assets, including future proceeds from the 2013 Hollywood hit movieThe Wolf of Wall Street.
Characterized by federal officials as the largest attempted seizure under anti-kleptocracy laws in U.S.history, the case targets officials who allegedly misappropriated....More>>>
Facebook (NASDAQ:FB) recently hired Hugo Barra, theformer international VP of Chinese smartphone giant Xiaomi, as its new virtual reality chief. The announcement came just a week after Barra abruptly left Xiaomi after heading itsoverseas expansion for three and half years.
Hugo Barra (L) and Mark Zuckerberg (R). Image source: Facebook.
Prior to joining Xiaomi, Barra was the VP of....More>>>
Inflation is now rising faster than expected for the first time in five years… Investment bank Citigroup's so-called "Global Inflation Surprise Index" has been surging higher in recent months, along with consumer prices. In simple terms, the index compares actual consumer price data – what most developed countries use to measure "inflation"....More>>>
Just so no one accuses me of playing favorites after posting a list of the 15 stocks for a Donald Trump victory, here’s Deutsche Bank strategist David Bianco’s list of 15 stocks for a Hillary Clinton win:
Its difficult to pin down specific policies from either candidate, but on several economic issues their general bias is clear. These issues include taxes, trade deals, favored....More>>>
Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
A power outage hit the CES consumer electronics show in Las Vegas, dimming the lights in one of the main convention halls hosting demonstrations from the likes of LG Electronics Inc. and Samsung Electronics Co.
“There is an isolated power outage at the Las Vegas Convention Center. W
In Lahore and Karachi, American flags were burned in front of TV cameras after President Trump’s decision on Jan. 4 to withhold $2 billion of security aid from Pakistan to punish it for allegedly harboring terrorists. The country’s government issued angry statements claiming no ins