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Business Mag Search: Economy - Finance > Bloomberg
Trump's trade war means Apple's earnings could fall by 29%
China can't compete with America on raising tariffs, so it may choose to hinder American tech giants to show its power. As the trade war between the U.S. and China sees no...
8 hours ago - Fast Company - 2 articles
Why You Shouldn't Take Celebrity Investment Advice at Face Value
For the everyday investor , it can be tempting to look to celebrity investors like Warren Buffett as bastions of truth. These stock titans may appear to have an inside track on...
1 day ago - Business 2 Community
Sunday Night Futures
Weekend: • Schedule for Week of May 19, 2019 Monday: • 8:30 AM ET, Chicago Fed National Activity Index for April. This is a composite index of other data. From CNBC: Pre-Market...
2 days ago - Calculated Risk
EU fines banks more than €1bn for foreign exchange cartel
Traders swapped sensitive information on risk positions and trading plans in Bloomberg chatrooms, Commission finds
5 days ago - eFinancial News
The investment giant that was once Tesla's biggest Wall Street backer cut its stake in half last year. Now it's dumped most of what was left
T. Rowe Price, once Tesla 's largest institutional shareholder, has dumped the vast majority of its stake in the electric car-maker. The investment firm sold off 81% of its...
6 days ago - Business Insider
UBS' new equity chief warns that a 10% plunge in the stock market this year will catch investors off-guard - and outlines how to protect against losses
Stock-market investors are failing to fully price in the impact that higher interest rates will soon have on the economy, according to Francois Trahan, the newly appointed...
7 days ago - Business Insider - 3 articles
Federal labor lawyer says Uber drivers are not employees
There has been an ongoing debate regarding whether or not gig-economy drivers for Uber and Lyft are independent contractors or employees, who would be eligible for benefits...
8 days ago - Tech Crunch - 3 articles
China fires back at the US with new tariffs on thousands of American products
China said on Monday it would levy new duties on thousands of American products. That came days after the US hiked tariff rates on $200 billion worth of Chinese imports. The...
9 days ago - Business Insider - 11 articles
Sunday Night Futures
Weekend: • Schedule for Week of May 12, 2019 Monday: • No major economic releases scheduled. From CNBC: Pre-Market Data and Bloomberg futures : S&P 500 are down 22 and DOW...
9 days ago - Calculated Risk
How The Trade War Is Going To Affect You And Your Family
As expected, trade negotiations with China concluded on Friday with no trade deal in sight. Treasury Secretary Steven Mnuchin called the negotiations “constructive” , and that...
11 days ago - The Economic Collapse - 5 articles
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$32 billion money manager Angelo Gordon told investors its 'Super Fund' is...
Angelo Gordon's $1.5 billion multi-strategy hedge fund, known as the Super Fund, has returned 3.4% through April, but a letter to investor says the firm has lost two portfolio...
New York just passed a law that would allow Congress to get Trump's taxes
The New York legislature passed a bill Wednesday that would make it easier for Congress to get President Donald Trump's state tax returns. The bill is expected to be signed...
Philly Fed: State Coincident Indexes increased in 44 states in April
From the Philly Fed : The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for April 2019. Over the past three months, the indexes...
This $1.2 billion San Diego fintech unicorn backed by Bridgepoint says its...
Treasury and liquidity manager Kyriba just partnered with JPMorgan Chase to send real-time payments in the US. Clients of the company, valued at $1.2 billion, will now access...
PERSONAL FINANCE MANAGEMENT: How banks should use personalized services to...
The ability to conduct banking activities via a sleek mobile app is no longer enough to satisfy consumers - it's table stakes. Banks need to focus on deploying robust personal...
Escalations in Trump's trade war could wipe out $600 billion from the world...
Further escalation in the yearlong trade war between Washington and Beijing would hammer away at growth at a time when the global economy is already set to slow. If trade...
Nordstrom's earnings are coming as the stock trades near 3-year lows
Nordstrom is set to report first-quarter earnings on Tuesday afternoon. The stock has been a major underperformer, trading near its lowest level since June 2016. Ahead of the...
NAR: Existing-Home Sales Decreased to 5.19 million in April
From the NAR: Existing-Home Sales Inch Back 0.4% in April Existing-home sales saw a minor decline in April, continuing March's drop in sales, according to the National...
Tesla Shares Could Drop to $10, Says Morgan Stanley
Tesla shares could drop as low as $10, Morgan Stanley analysts predicted Tuesday. The investment firm has lowered its bear forecast for the automaker from $97 to $10 per share...
Even Before The Recession Has Officially Begun, Some Large U.S. Firms Are...
If the U.S. economy is “booming” and very bright days are ahead, then why are many large U.S. corporations laying off thousands of workers? Layoffs are starting to come fast...