U.S. stocks were higher on Thursday, as the markets rebounded from their first-three day losing streak since March.
Disappointing retails sales figures pushed the markets lower yesterday, and today the focus changed to weekly jobless claims data and the producer price index, which expert hoped would shed light on inflation.
Jobless...
Last week, a journalist by the name of Kevin Roose published an investigative article in which he revealed his findings of when he infiltrated a Secret Society of Wall Street titans at their annual black-tie induction ceremony.
What did he find out about Wall Street’s secret fraternity called Kappa Beta...
U.S. stocks were slightly lower Tuesday, as stocks dropped following a worldwide drop in bond prices.
At the start of Tuesday, 10-year benchmark Treasury notes had yields upwards of 2.3% for the first time in almost six months, reaching by far their highest point in 2015. European indices were lower...
Following the worst quarter in 4 years, stocks finished the 1st day of the 4th quarter in mixed fashion. Stocks initially fell on the first day of October after the release of The Institute for Supply Management's (ISM) Manufacturing Index which dipped to it’s lowest level since May 2013...
It's widely known that Wells Fargo is a big bank. How big? With over $1.9 trillion dollars in assets, Wells Fargo has 8,600 stores and offices in all 50 states and over 13,000 ATMs. It has more stores and serves more communities than any other U.S. bank. At the...
The markets retreated a bit on the last trading day of the week but they are still at or near all-time highs. With that being, said you may be wondering what happened the last time all 3 major U.S. stock indexes were at all-time record highs? Well, that was back...
For yet another week, the markets remained fixated on interest rates. Stocks moved down on Wednesday when the Federal Reserve all but confirmed that a rate hike is forthcoming sometime this year. However, comments from Chairperson Janet Yellen revealed little about the timing of that rate hike. As a...
This morning, the Senate will hold a hearing on the topic of regulatory capture—a term used to describe the often-observed tendency of government officials to become a little too close to the institutions they’re supposed to be regulating.
The impending case made yesterday’s announcement from the Federal Reserve all the...
Today President Donald Trump followed through on another one of his campaign promises by signing an Executive Order designed to reduce the number government regulations and help American businesses. By signing the order Trump commands all federal agencies (starting in 2018) to create "regulatory reform" task forces which will evaluate...
In theory, the price of shares across the stock market is a reflection of economic health. If stocks are up, business is thriving— or so we thought…
Recent market volatility is showing some tell-tale signs that it is not grounded by a sturdy economy, which leaves the fear that it...
