Month: August 2018

Shares in Europe’s major banks lost further ground on Monday, as concerns about Turkey’s deepening currency crisis spread to other emerging markets. Turkey’s lira pulled back from a record low against the dollar on Monday morning after the central bank pledged to provide liquidity and cut reserve requirements for Turkish banks, but the currency’s meltdown continued to shake global markets. The lira has lost most than 40 percent of its value so far in 2018. …read more […]

The Zacks Analyst Blog Highlights: Apple, Amazon.com, Adobe, Micron Technology and Intel …read more […]

Claiming early could sometimes give you a higher household income. …read more […]

Aug.13 — Bayer AG shares plunged the most in nearly seven years after Monsanto Co. lost a trial related to Roundup weed killer. Bloomberg’s Naomi Kresge reports on “Bloomberg Surveillance.” …read more […]

Elon Musk is either in the midst of pulling off the go-private deal of the century, or he’s making the best of a weak hand in a game of high-stakes poker before the company reports earnings in early November. Musk has shown a facility for gambling before. The recap: On Tuesday, Musk dropped a bombshell, tweeting that he is “considering taking Tesla private at $420 a share. …read more […]

USA Today business reporter Nathan Bomey on the fallout from Tesla CEO Elon Musk’s tweet that he was considering taking the company private. …read more […]

Turkey’s lira pulled back from a record low of 7.24 to the dollar on Monday after the central bank pledged to provide liquidity and cut reserve requirements for Turkish banks, but its meltdown continued to rattle global markets. The currency has lost more than 40 percent against the dollar this year, largely over worries about President Tayyip Erdogan’s influence over the economy, his repeated calls for lower interest rates, and worsening ties with the United States. On Friday that relentless slide turned into a crash: the lira dropped as much as 18 percent, hitting U.S. and European stocks …read more […]

Former presidential adviser Omarosa Manigault Newman is drawing fire from President Donald Trump’s allies and national security experts for secret recordings she made at the White House, including her firing by chief of staff John Kelly in the high-security Situation Room. Manigault Newman said Sunday on NBC’s “Meet the Press” that she surreptitiously recorded a number of conversations in the White House for her own protection. Parts of her conversation with Kelly were played on the air. …read more […]

Buckeye Partners’ management swears its payout is secure, but yields this high don’t usually stick around for long. …read more […]