Business News
Wall Street ends down amid more trade woes, high volatility
U.S. stocks fell on Friday following renewed jitters over the U.S.-China trade war, capping a week of trading that saw big swings and high volume.
Month: August 2019
Business News
Wall Street end down amid more trade woes, high volatility
U.S. stocks fell on Friday following renewed jitters over the U.S.-China trade war, capping a week of trading that saw big swings and high volume.
Trading Ideas
ETF Investing: A 3-Step Boost for Your Portfolio
Editor’s Note: This week, we asked our readers whether they have allocated any new funds to exchange-traded funds (ETFs) over the past six months.
If you’re not familiar with ETFs, they’re collections of stocks that share a common theme, like sector or index. They’re not actively managed, so they’re less expensive and post better performance than most mutual funds. They can also serve as an excellent tool for diversification.
However, in spite of these benefits, our readers were fairly evenly split between those who had purchased ETFs since February and those who had not.
This is surprising because when we asked in December …read more […]
Business News
Wall Street ends lower amid more trade fears, high volatility
U.S. stocks fell on Friday following renewed jitters over the U.S.-China trade war, capping a week of trading that saw big swings and high volume.
Business News
Investors look for consumer pressure ahead of next tariffs
As President Donald Trump prepares to slap new tariffs on Chinese imports, investors are bracing for signs of pressure on U.S. consumers as top retailers begin reporting quarterly results next week and key consumer sentiment and retail sales data is released.
Business News
S&P 500 dips as Trump comments fan trade fears; Dow flat
The S&P 500 was down slightly while the Dow was flat in late Friday trading as renewed jitters over the U.S.-China trade war were offset by bargain-hunting investors.
Trading Ideas
What Cannabis Businesses Need to Learn From Curaleaf and Icarus
As a child, I was obsessed with Greek mythology. I spent endless summers reading about the Greek gods. Zeus, Athena, Hercules, Poseidon – I couldn’t get enough of them!
One of my favorite stories from Greek mythology is the tale of Icarus. Icarus was the son of Daedalus. Daedalus was a famed master craftsman in Greece. And at the request (read: order) of Crete’s King Minos, Daedalus built a labyrinth to imprison a minotaur (half-man, half-bull). But because Minos didn’t want anyone to know the secret of the labyrinth, he imprisoned Daedalus and Icarus.
So Daedalus did what inventors do. He figured …read more […]
Trading Ideas
What Cannabis Businesses Need to Learn From Curaleaf and Icarus
As a child, I was obsessed with Greek mythology. I spent endless summers reading about the Greek gods. Zeus, Athena, Hercules, Poseidon – I couldn’t get enough of them!
One of my favorite stories from Greek mythology is the tale of Icarus. Icarus was the son of Daedalus. Daedalus was a famed master craftsman in Greece. And at the request (read: order) of Crete’s King Minos, Daedalus built a labyrinth to imprison a minotaur (half-man, half-bull). But because Minos didn’t want anyone to know the secret of the labyrinth, he imprisoned Daedalus and Icarus.
So Daedalus did what inventors do. He figured …read more […]
Business News
Wall Street drops as Trump comments fan trade worries
Wall Street’s main indexes slipped on Friday after President Donald Trump said the United States and China were pursuing trade talks but he was not ready to make a deal, exacerbating fears that the stand-off would aggravate the global economic slowdown.
Business News
Exclusive: PSA, Dongfeng to drop two China auto plants, halve workforce – document
Peugeot maker PSA Group and partner Dongfeng Group have agreed to cut thousands of jobs in China and drop two of their four shared assembly plants, according to a document seen by Reuters, in a last-ditch bid to curb mounting losses as the world’s largest auto market loses steam.
Business News
Investors embrace ESG investing but don’t target gun stocks
Two new BlackRock Inc funds that exclude gun makers are off to slow starts as socially-minded investors embrace other products addressing a wide range of issues like environmental and governance concerns, according to flow data at the world’s largest asset manager.
Business News
Oil rises on European stock draw despite demand slowdown forecast
Oil prices rose more than 2% on Friday supported by a drop in European inventories and expectations of more OPEC output cuts despite the International Energy Agency reporting demand growth at its lowest since the financial crisis of 2008.
Business News
Adidas celebrates 70 years with star-studded building opening
Adidas celebrated its 70th anniversary on Friday with appearances at its Bavaria campus by sponsored athletes such as tennis veteran Stan Smith and German soccer legend Philipp Lahm, as well as celebrity partners like Pharrell Williams.
Business News
Walmart tells staff to pull violent video game signage from stores
Walmart Inc said on Friday it has asked employees at its stores in the United States to take down signs and playable demos of violent video games but made no changes to its policy on selling firearms.
Business News
Farm equipment maker Deere’s dealers reel from trade war, bad weather
When China announced this week that it had stopped buying U.S. agricultural products and might impose additional tariffs on farm shipments from America, Dave Schmidt braced for another blow to his business.