White House National Trade Council Director Peter NavarroGetty ImagesWhite House trade advisor Peter Navarro disputed that the bond market flashed a recession signal last week, which spooked investors and sent the stock market tumbling. The yield on the benchmark 10-year Treasury note briefly fell below the 2-year rate...
Esther George, John Williams and Jerome Powell, at Jackson Hole, Wyoming, August 24, 2018.David A. Grogan | CNBCIf the markets get their way, Fed Chairman Jerome Powell will use the Fed's Jackson Hole symposium to clarify whether the Fed is at the beginning of a serious rate cutting...
Fraud finder Harry Markopolos took GE stock down more than 11% in one day with a dizzying array of charts and numbers, but also some choice words accusing analysts, ratings agencies and GE's management of Enron-era behaviors.A day later, GE stock rebounded nearly 10% on Friday after GE CEO Larry...
Cash back, travel miles, rewards points – have you ever wondered what the difference is between three, and which might be the best card for you? It can be confusing. Cash back rewards are straightforward. But travel rewards and reward points need to be converted into cash...
U.S. financier Jeffrey Epstein appears in a photograph taken for the New York State Division of Criminal Justice Services' sex offender registry March 28, 2017 and obtained by Reuters July 10, 2019.New York State Division of Criminal Justice Services | Handout | ReutersAn investigation into Jeffrey Epstein's possible...
Robo-advisors started emerging at the end of the market crash and since then, we’ve seen a massive explosion of digital investment options. According to KPMG, the robo-advisor market is forecasted to grow to $2.2 trillion by 2020 from a mix of new and existing investors. That’s a...
General Electric bounced back Friday after the CEO shored up confidence by purchasing a bulk of company shares, and analysts defended the industrial giant.GE's stock was up more than 6% on Friday morning following its biggest drop since April 2008 a day earlier. The shares had tanked 11%...
J.D.'s note: This article marks the GRS debut for my business partner, Tom Drake. Tom's primary role is managing the technical and business sides of things, but as a long-time Canadian money blogger, he'll contribute the occasional article here at GRS. It has never been easier to invest. In only...
Jen-Hsun Huang, CEO, NvidiaDavid Paul Morris | Bloomberg | Getty ImagesCheck out the companies making headlines after the bell:Shares of Nvidia jumped as much as 7% after the chipmaker announced better-than-expected second-quarter earnings. The company reported adjusted earnings per share of $1.24 on revenue of $2.58 billion. Analysts had...
A worker climbs on a cellular communication tower in Oakland, California.Justin Sullivan | Getty ImagesVolatility is back on Wall Street.The average daily point range of the Dow Jones Industrial Average so far this month is about 482 points, which is more than double the average daily range from...