The yield on the benchmark 10-year Treasury note started the week on a tear, jumping to 2.99 percent and toying with the key 3 percent level that could trigger a reaction across global financial markets.
A recent survey from Accenture showed that 26% U.S. consumers have had their personal medical information stolen from technology systems, and half of those who experienced a breach were victims of medical identity theft. On average, those victims had to pay around $2,500 in out-of-pocket costs per incident.
The breaches were most likely to occur in hospitals (36%), followed by urgent-care....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.
U.S. equities drifted lower in quiet trading on Monday, an anticlimactic start to the week after Friday’s trading nearly took the Dow Jones Industrial Average over the 20,000 threshold. Although the bulls came within one point of the hurdle there was simply no follow through today.
In the end, the Dow lost 0.4%, the S&P 500 Index dropped 0.4%, the Nasdaq Composite wafted....More>>>
Salesforce.com, Inc. (NYSE:CRM) will report its fourth-quarter earnings after Tuesday’s bell, and based on the charts, it looks like investors are optimistic. CRM stock has jumped nearly 20% for the year-to-date.
Source: TopoI6 Via Flickr
But the markets have broadly been in bull mode of late, with plenty of participation coming from the tech sector. And investors still have....More>>>
July data included new home sales, up to a new post-recession high; existing home sales, which declined; and durable goods orders, which increased. In the rear view mirror, Q2 corporate profits increased or decreased depending on whether or not inventory adjustments were included (but in either case were higher than Q4 2015).
My usual note: I look at the high frequency....More>>>
I believe the European financial market contains too much risk, and one should rather invest in the American financial system because it has a lot more upward potential. I wrote that in one of my latest articles. However, there is one exception to my statement: UBS Group (NYSE:UBS). The Swiss banking group is especially strong in investment banking and asset management and will probably outperform....More>>>
As if tax time werent tough enough, scammers are doubling down efforts to steal more of your hard-earned money. According to the Internal Revenue Service, theres a spike in online tax scams and an aggressive phone scam is making the rounds again, too.
Here are the top telltale signs to help you spot a scam in your email, Facebook, or on your phone before it can do any real damage.
Although markets were somewhat shaky for the first big week of the new earnings reporting season, they ultimately closed up for the second week in a row. This is only a small step, but it has proven that solid fundamentals can stabilize this market.