Month: February 2020

The Federal Reserve had its first meeting of 2020 last Wednesday.
Typically, after a meeting, the Fed will make three moves…
First, it will issue a brief statement, which it did last Wednesday.
Then, periodically, the chairman – currently Jerome Powell – will have a press conference. But we got no press conference from the Fed last week.
Finally, the month after the meeting, the Fed minutes will be issued.
These three forms of communication are some of the most closely parsed words in the world.
But when a Fed chair is new, they sometimes make rookie mistakes.
For example, then-Fed Chair Ben Bernanke, who shepherded the …read more […]

China’s deadly coronavirus outbreak continues to threaten multi-national companies, as a range of businesses from leisure to retail suffer from the outbreak’s after-effects. …read more […]

Who are the Oscar nominees supporting in the 2020 election? …read more […]

(Bloomberg) — Bed-in-a-box seller Casper Sleep Inc., already worth less than half the valuation it reached as a private company, sunk below its initial public offering price on its second day of trading.Casper shares fell 18% Friday to $11.05 in New York trading, below the $12 offer price in its IPO this week. The New York-based company ended the week with a market valuation of $438 million after being being valued at $1.1 billion in a private funding round last year.Friday’s decline shows investors have grown skeptical of money-losing unicorns — startups whose private valuations reached $1 billion or more. …read more […]

The coronavirus is striking a blow to U.S. airlines as they are forced to cancel flights amid decreased travel to and from China. Yahoo Finance’s Seana Smith and Alexis Keenan discuss. …read more […]

A growing older-age working class population could be one factor keeping wage growth from accelerating further, according to at least one economist. …read more […]

The post Earnings Follow-Up: 47% Gains Overnight on Twitter appeared first on Investment U. …read more […]

Goldman Sachs urging investors to stay invested because odds of positive return this year are high. Its ISG Managing Director Brett Nelson joins Yahoo Finance’s Seana Smith and Julia la Roche on The Ticker to discuss. …read more […]

(Bloomberg) — FedEx Corp. rose the most in three months after saying it plans to hand off some deliveries from its overnight division to its separately-run ground business, attempting to wring more profit from surging e-commerce.The arrangement is part of Chief Executive Officer Fred Smith’s strategy to tackle the flood of residential packages from online shopping, which can be more expensive to handle than commercial goods because fewer items are left at each stop. By having Express hand off less time-sensitive parcels to its Ground unit for final delivery, the company will reduce cases in which a driver from both …read more […]

I was hoping to move on from Tesla Inc (NASDAQ: TSLA) to my data update posts, but my last post on Tesla drew some attention, in good and bad ways, partly because of its timing. Right after I sold my shares for $640, last week (January 30), the stock took off, climbing to more than […] …read more […]