Brazilian automaker CAOA reached an initial agreement to buy Ford Motor Co’s plant in Sao Bernardo do Campo, the companies said on Tuesday, but CAOA could slash 1,300 jobs, according to the union representing the plant’s workers.
A series of mass shootings in the United States, including one each in Texas and Ohio last month that killed 31 people, once again has revived a national debate on firearms regulation, which in the past has led retailers and other U.S. companies to tighten restrictions on gun sales.
The money media is in its panic-creating mode…
The topic this time is recession. And this most recent effort by the talking heads to keep you glued to the tube to sell advertising space, not to advise you, should serve as a wake-up call for all investors.
Here’s why…
It seems as if everyone who can have a microphone pinned to them is being asked by financial network interviewers to weigh in on the probability of a recession in 2020 or beyond.
And the opinions are coming from those who vary widely in terms of education, training and experience in the money business.
Those who …read more […]
Benchmark 10-year U.S. Treasury yields fell on Tuesday to their lowest since July 2016 and all three major U.S. stock indexes lost ground in a risk-off session driven by heightened trade worries and an unexpected contraction of U.S. factory activity.
U.S. stocks fell on Tuesday as investors worried about global growth prospects after data showed U.S. factory activity shrank in August for the first time since 2016 and the United States and China imposed new tariffs on each other over the weekend.
Phunware’s Multiscreen-as-a-Service (MaaS) Platform Provides Mixed Use Development with Unified Mobile Solution Serving Multiple Stakeholders Phunware, Inc. (NASDAQ: PHUN) (the “Company”), a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands […]
China’s Huawei Technologies on Tuesday said the U.S. government had instructed law enforcement to “coerce” and “entice” its employees to turn against the company, as it steps up its pushback against a U.S. campaign that could threaten its survival.
Back on July 17, I published a Trade of the Day titled “Why Best Buy’s Resistance Level Is Worth Tracking.”
In it, I wrote…
Whenever you have a stock hitting a double top resistance – at the same time that insiders are selling stock – your speculative antenna should go up. Why? Because that’s two bearish indicators – occurring simultaneously. That’s exactly the situation facing Best Buy (NYSE: BBY) right now…
A big part of trading is following support and resistance levels that just occurred – and Best Buy at $75 qualifies as the most recent resistance level worth tracking. Combine that …read more […]
Brazilian automaker CAOA has reached a preliminary agreement to buy Ford Motor Co’s plant in Sao Bernardo do Campo, which the U.S. automaker will close by year’s end as part of a global restructuring, the companies said on Tuesday.
Oil prices fell on Tuesday, with U.S. crude futures down 2% after manufacturing data raised concerns about a weakening global economy, while the U.S.-China trade dispute continued to drag on investor sentiment.
U.S. Treasury yields fell on Tuesday, with the benchmark 10-year yield hitting its lowest since July 2016, after manufacturing data showed the U.S. factory sector contracted for the first time since 2016 amid worries about a weakening global economy and trade tensions between China and the United States.
The American Petroleum Institute on Tuesday urged the Trump administration to reject proposals floated by U.S. farmers and ethanol producers to boost ethanol demand, the latest development in the clash over biofuel policy.
Early retirement. So many of us have thought about it. But few of us live it. How can we spend the rest of our lives doing what we want rather than what we currently must?
In other words, we wonder how to become financially independent.
Wouldn’t it be nice to finally spend your time writing that novel you’ve always wanted to? Or maybe you have a true passion for charity and service work and wish you could devote your life to the cause.
Maybe you just want to be really rich. Really happy. And retire early.
Yet as Financial Samurai reports, less than 1% …read more […]
More than half of U.S. state attorneys general are readying an investigation into Alphabet Inc’s Google for potential antitrust violations, a source knowledgeable about the probe said on Tuesday.
The head of global airlines lobby IATA warned on Tuesday that a discrepancy among global regulators over reapproving Boeing Co’s 737 MAX for commercial flight could set a worrying precedent for future aircraft programs.
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