Gold prices decline, head for first weekly loss since mid-December

Gold futures prices dropped Friday, headed for their first weekly loss since mid-December, as investors pushed into riskier assets, including stocks, fueled by hope of potential progress toward a resolution in the U.S.-China trade dispute. “The gold price is moving lower today as [risk-on] investors are optimistic about the U.S.-China trade deal despite the fact the Treasury has denied all […]

Read more

Even College Graduates Can’t Afford a Home on the West Coast

College graduates earn a lot of money in San Jose but are still $100,000 short to afford a roof over their heads, according to data compiled by Bloomberg. Soaring home prices, student loan burdens and slow wage growth are delaying many college-educated individuals from achieving the American dream. About a fifth in the decline in homeownership among young adults can […]

Read more

Dow jumps 160 points as stock market set to end week with solid gains on China-trade optimism

U.S. stocks rose on Friday, putting benchmarks on pace for a fourth straight win, as investors hung on to optimism over a report that Washington might ease tariffs on Chinese goods. The Dow Jones Industrial Average DJIA, +0.91% rose 156 points, or 0.6%, at 24,523, the S&P 500 index SPX, +1.01% added 0.5% at 2,649, and the Nasdaq Composite Index […]

Read more

Top Analyst Upgrades and Downgrades: BofA, Caterpillar, Chevron, CSX, Kimberly-Clark, Nautilus, Netflix, Signet, Valero and More

Stocks were indicated to open higher on renewed trade hopes on Friday. Still, the Dow Jones industrials had rebounded more than 1,500 points from the lows of January 3. Investors have noticed that the prevailing trend of buying the dips generally has been followed by less upside or additional losses, and the volatility late in 2018 shook the confidence of many […]

Read more

Stocks rise on optimism about China-US trade negotiations

Stocks a buy despite trade tensions, partial government shutdown headlines? MAXfunds.com co-founder Jonas Ferris on the outlook for stocks and concerns of a potential recession. U.S. stocks on Friday are continuing a rally that started Thursday afternoon on word that the U.S. may ease tariffs on China. Continue Reading Below There is also a report that China’s vice premier will […]

Read more

CVS, Walmart reach new agreement for pharmacy network

Walmart reports 3Q revenue miss WSJ Assistant Editorial Page Editor James Freeman and FBN’s Maria Bartiromo and Deirdre Bolton break down Walmart’s third-quarter results. CVS Health and Walmart said on Friday the world's largest retailer would remain part ofCVS's network for commercial and Medicaid pharmacy customers, breaking a contract impasse CVS disclosed earlier this week. Continue Reading Below Financial terms of the new […]

Read more

German foreign minister says hard to imagine reopening Brexit accord

BERLIN, Jan 18 (Reuters) – German Foreign Minister Heiko Maas said on Twitter that it was hard to imagine Britain’s withdrawal agreement with the European Union being revisited, adding that the British parliament’s rejection of a draft Brexit deal had not changed that. “It’s hardly imaginable that the withdrawal agreement will be reopened. We have always made that very clear […]

Read more

A.J. Gallagher's 'clean coal' business draws ire of green investors

BOSTON (Reuters) – Two of America’s best-known green investors are reassessing their stakes in global insurance broker Arthur J. Gallagher & Co’s after a Reuters investigation into the company’s lucrative side-business in “clean coal”. A.J. Gallagher (AJG.N) has invested in 34 facilities producing so-called refined coal, which is chemically treated to make it burn cleaner and heavily subsidized by the […]

Read more

Tesla to cut workforce by 7 percent

Tesla shares fall after company missed delivery estimates Point View Wealth Management President David Dietze discusses why he isn’t bullish on Tesla and where investors should allocate their capital. Tesla is swinging the job axe in an attempt to trim costs. Continue Reading Below The electric automaker is cutting several thousand  jobs, while it ramps up the production of its […]

Read more
1 2 3 4 516