November 23, 2015 — 4:14 PM CSTUpdated on November 23, 2015 — 6:01 PM CST Richard Russell, who shared his technical analysis with subscribers through the influential Dow Theory Letters since 1958, has died. He was 91. He died Nov. 21 at his home in La Jolla, California, his family said in a message to […]
Portia Crowe Pfizer just struck the largest-ever takeover by a drugmaker, a $160 billion merger with Allergan. In addition to best-selling cosmetic drug Botox, the deal gives Pfizer something it has been after for a while — a way to slash its tax bill. It will do so with a so-called tax inversion, a move […]
by Michael Boyle, Margaret Collins , Pia Gadkari , Yoolim Lee Watch for a Worldwide Recession Ruchir Sharma, head of emerging markets equity and global macro, Morgan Stanley Investment Management “We are now just one big shock away from a global downturn, and the next one seems most likely to originate in China, where heavy debt, excessive investment, and population decline […]
Thu Nov 19, 2015 10:13am EST China’s yuan may come into the International Monetary Fund’s benchmark currency basket at a lower weighting than the 14-16 percent range estimated by economists, people briefed on the Fund’s discussions told Reuters. IMF policymakers are expected to add the Chinese currency to the Special Drawing Rights basket later this […]
LONDON | BY SIMON FALUSH Oil rose on Wednesday on reports of falling stockpiles and rising refinery activity in the United States, but analysts said a global supply glut would keep prices under pressure. Brent crude futures LCOc1 were up 77 cents at $44.34 per barrel by 0937 ET after settling 99 cents lower the […]
WASHINGTON | BY LUCIA MUTIKANI U.S. consumer prices increased in October after two straight months of declines as the cost of goods and services rose, signs of firming inflation that further support expectations that the Federal Reserve will raise interest rates next month. The Labor Department said on Tuesday its Consumer Price Index increased 0.2 […]
Miranda Marquit, ReadyForZero The things you do today can influence your future. Good money decisions made now lead to a brighter, more financially secure tomorrow. Likewise, there are bad financial habits that can sink your future and lead to debt and devastation. Every money decision you make everyday will influence the outcome of whether you’ll […]
Thursday, November 12, 2015 Reuters WASHINGTON (Reuters) – The U.S. Federal Reserve must weigh the effects of post-crisis financial regulations and new channels through which policy affects markets as it prepares to raise interest rates, Fed Chair Janet Yellen said on Thursday. Yellen, kicking off a research […]
Ky Trang Ho , Contributor I cover investing strategies and trends in ETFs and mutual funds. To read more: http://www.forbes.com/sites/trangho/2015/10/04/10-best-etf-buys-of-the-decade-from-10-investment-pros/
By Henry Blodget October 4, 2015 7:35 AM (Business Insider) Stock performance has been weak for the past 15 years. If history is a guide, it’s likely to stay weak for at least another 10 years. Why? Because stocks are still fantastically expensive relative to most of recorded history. And in the past, when stocks have […]