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Tag: Featured


Industries, Retail & Wholesale

Macy’s same-store sales top expectations (M)

May 15, 2019

Via: Business Insider

Macy’s on Wednesday reported first-quarter results that topped Wall Street estimates, sending shares up 2.5% ahead of the opening bell. The retailer earned an adjusted $0.44 a share on revenue of $5.7 billion, beating the $0.32 and $5.5 billion that […]


Finance Tech, Industries, Manufacturing, Trading

Trump Wants You to Buy American. Here’s Why That’s Almost Impossible

May 14, 2019

Via: Time

For nearly a century, the St. Pierre Manufacturing Corporation has made products such as horseshoes, tire chains, and anchors in a facility near Worcester, Mass. But in recent months, St. Pierre has been struggling. Why? Increased tariffs on goods from […]


Finance Tech, Trading

Warren Buffett was wrong about the trade war

May 14, 2019

Via: Business Insider

The legendary investor Warren Buffett may have a gift for recognizing risks and anticipating disasters, but he was off the money when he predicted there wouldn’t be a trade war between the US and China. “I don’t think either country […]


Finance Tech, Trading

Dow futures fall over 300 points as U.S.-China trade talks appear stalled

May 13, 2019

Via: Market Watch

Wall Street was setting up for a tough start to the week on Monday, with Dow Jones Industrial Average futures down over 300 points as investors waited for countermeasures from China after trade talks with the U.S. appeared to end […]


Finance Tech, Trading

Bitcoin climbs back above $7,000 and is now up 90% year-to-date

May 13, 2019

Via: CNBC

Bitcoin has jumped above $7,000, continuing a stunning comeback for the cryptocurrency in 2019. The virtual currency climbed close to $7,600 on Sunday, according to industry website CoinDesk. It’s since pared gains, but is still holding above that $7,000 level. […]


Enterprise, Industries

Uber drivers strike ahead of impending IPO

May 8, 2019

Via: Market Watch

Ride-hailing drivers across the world went on strike on Wednesday, ahead of Uber Technologies Inc.’s UBER, +0.00% initial public offering, which is expected to price on Thursday. The drivers are protesting the large payouts that will go to Uber’s founders, […]


Finance Tech, Trading

Europe markets higher as investors shake off trade fears

May 8, 2019

Via: Market Watch

Strong first quarter earnings reports helped markets in Europe shake off the pull of Tuesday’s sharp losses. How did markets perform? The Stoxx 600 SXXP, -0.41% dipped 0.2% to 382.2. It fell 1.4% Tuesday. The U.K.’s FTSE 100 UKX, -0.31% […]


Energy, Uncategorized

Oil prices sink more than 2% as U.S.-China trade spat sparks demand concerns

May 7, 2019

Via: Market Watch

Crude-oil prices dropped on Tuesday amid lingering worries about a protracted trade conflict between the U.S. and China, which could hurt demand for the commodity. “Oil prices remain volatile, with concerns a trade war could have reduced demand battling for […]


Financial Services, Industries

Mastercard is acquiring Transactis to deepen its bill pay play (MA)

May 6, 2019

Via: Business Insider

Mastercard announced that it will acquire bill pay platform Transactis for an undisclosed amount. Transactis’ technology is used by bank and nonbank partners to enable businesses to streamline their bill collection digitally — including firms that typically don’t support digital bill pay, […]


Finance Tech, Trading

Global markets plunge on Donald Trump’s shock tariff threat as the US-China trade war escalates

May 6, 2019

Via: Business Insider

Global markets plunged after President Donald Trump on Sunday threatened to raise tariffs on hundreds of billions of dollars worth of Chinese goods and , escalating the US-China trade war. Trump threatened to dramatically ramp up the trade war with […]