Company payrolls increased by a lower-than-expected 171,000 last month, the US Labor Department reportsthe weakest gain in three months. The crowd had been looking for stronger results near +200,000. Instead, this morning’s update falls in line with ADP’s April profile of weaker growth.
The news provides more evidence that the US macro trend is off to a sluggish start in....More>>>
Data breaches dominated this year’s headlines, and not only in the world of technology. While there were many damaging incidents, perhaps none were as prominent and newsworthy as the hack against the Democratic National Committee, which continues to wreak political havoc.
In the business world, companies of all sizes incurred major information security disasters,....More>>>
Small SUVs are the hottest segment in the new car market right now. So maybe it shouldn’t be surprising that a big chunk of the new vehicle unveilings at the Los Angeles Auto Show were little crossover SUVs.
It seemed like there was an SUV popping out every time you turned around. For starters, Ford unveiled its new EcoSport just before the show with DJ Khaled doing the honors.....More>>>
Source: ThinkstockMay 23, 2017: The S&P 500 closed higher on the day, up 0.2% at 2,398.45. Separately the DJIA closed up 0.2% as well at 20,938.59. The Nasdaq closed relatively flat at 6,138.71.
Although the broad markets had a positive day even if it was only slightly. Crude oil continued to push higher again on Tuesday back above $50 and now above $51. The main drag on the markets that....More>>>
Related CACC Prescience Point Unleashes Tweetstorm On Credit Acceptance 7 Stocks That Rallied Three Days On Increasing Volume Tracking Seth Klarman's Baupost Group Holdings – Q4 2016 Update (Seeking Alpha)
It’s been three trading days since the U.S. Federal reserve hiked interest rates–and the stock market has been moribund ever since.
The S&P 500 declined 0.2% to 2,373.47 today, while the Dow Jones Industrial Average dipped 8.76 points to 20,905.86. The Nasdaq Composite finished little changed at 5,901.53. The Dow Jones Industrial Average has dipped44.24....More>>>
The volatility index, or VIX once again closed under 12 percent last Friday. It has hovered in the range of 10-13 percent for the entirety of 2017 after it collapsed from a high in the low twenties following the Presidential election.
That seems like eons ago, right? And with this low volatility comes frustration for those sitting on the sidelines waiting to get involved with the stock....More>>>
Monster Digital Inc (NASDAQ: MSDI) shares jumped 100.7 percent to $0.980 after the company agreed to merge with Innovate Biopharma. Opexa Therapeutics Inc (NASDAQ: OPXA) shares surged 72.3 percent to $1.12 after the company announced plans to acquire Acer Therapeutics. Spherix Inc (NASDAQ: SPEX) shares gained 22 percent to $3.17 after tumbling 33.67 percent on Friday. ShiftPixy Inc (NASDAQ:....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