June 12, 2019
An uneasy mood is rippling through markets. For starters, we’ve had chaotic scenes out of Hong Kong where police have been firing tear gas on protesters who amassed in the thousands to push back against an extradition bill. That news […]
June 4, 2019
If the Federal Reserve meets market expectations and cuts interest rates this year, it would be more to assuage flagging confidence than it would be to address any particular ill. After all, most of the signs for the economy remain […]
May 29, 2019
The economy is doing great, according to most estimates. Jobless claims dipped to 228,000 in early May and the U.S. labor market is on track to break the record for the longest expansion on record. Mortgage rates have hit their […]
June 14, 2019
Business InsiderThe current equity rally could be coming to an end soon, at least according to mounting signals from the bond market. As 10-year Treasury yields continue to fall to new lows, numerous yield curve inversions are a “clear warning” that […]
June 14, 2019
CNBCU.S. stock futures were lower on the final trading day of the week, with investors monitoring attacks on oil tankers in the Gulf of Oman and reacting to economic data out of China. As of 3:20 a.m. ET, Dow futures […]
Finance Tech, Mobile Banking & Payments
June 13, 2019
Business InsiderPeople use their phones to find dates, trade stocks, and even order helicopter rides. They are also, increasingly, using their phones to bank. With myriad banking apps out there from Wells Fargo to Chime, both big banks and up-and-coming fintechs […]
June 13, 2019
CNBCThe number of Americans filing applications for unemployment benefits unexpectedly rose last week, which could add to concerns that the labor market was losing steam after job growth slowed sharply in May. Initial claims for state unemployment benefits rose 3,000 […]
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