Will there be a truce, a deal or a further breakdown? All eyes are on this weekend’s G-20 showdown between President Donald Trump and Chinese leader Xi Jinping. For investors on edge about the trade outcome, here are the make-or-break stocks with the most to win or lose, according to Goldman Sachs. The bank screened
Month: June 2019
People pass a sign for JPMorgan Chase at it’s headquarters in Manhattan, New York City. Spencer Platt | Getty Images Check out the companies making headlines midday Friday: J.P. Morgan Chase, Goldman Sachs, Citigroup — Shares surged more than 2% after the Federal Reserve said all major U.S.-based banks passed the central bank’s annual stress
Koinex is the latest cryptocurrency exchange to fall prey to India’s ban on virtual currencies. Months after delisting several cryptocurrencies, the exchange has shut down its trading services. The exchange has blamed uncertainty as well as disruptions for the unexpected decision. Koinex Shutdown In an official statement, Koinex says it has always wanted to provide
Irish cryptocurrency exchange Bitsane may have done a runner with users’ funds. Forbes said Thursday that the Bitsane exchange, which offers spot trading of cryptos and gained popularity as an early provider of XRP trading, has gone offline and has deleted its social media accounts. Emails sent by Forbes bounced back, it said. Customers of the
The Cedars in Graeagle, Calif., was previously on the market for $55 million. It will be auctioned off July 16 to 19 with Concierge Auctions with no reserve. Concierge Auctions As the real estate market has slowed over the last year, luxury home auctions have seen incredible growth. But these estates and mansions aren’t being
It’s almost as if falling mortgage rates are becoming hum-drum, at least for homebuyers. Total mortgage application volume increased 1.3% last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was 40% higher than a year ago, largely because lower mortgage rates are strengthening the refinance market. Rates have
Municipal bond traders will be walking into a holiday-shortened week with what little issuance there is on the calendar jammed into two days ahead of the July 4 holiday on Thursday and an early close on Wednesday. There are fewer than $1 billion of bonds and notes up for sale in the upcoming week. As
Schwab U.S. REIT ETF (SCHH) tracks the performance of U.S. based real estate investment trusts with one of the lowest expense ratios in the industry at just 0.07% which is one of the main marketing points that has helped this ETF grow to reach $5.4 billion in total assets under management. SCHH is an overall
Traders work the floor at the NYSE . Brendan McDermid | Reuters January has long held strong predictive power for the direction of markets over the rest of the year, and 2019 is proving no exception. That’s good news for stocks, which stand to gain significantly ahead if the current trend stays in place, according
Norma Butterfield, mother of Slack Technologies CEO Stewart Butterfield, rings a ceremonial bell along with New York Stock Exchange (NYSE) President Stacey Cunningham during the Slack direct listing in New York, U.S. June 20, 2019. Brendan McDermid | Reuters Casey Stengel once said, “Never make predictions, especially about the future.” If you’re looking to prove
General view of an Iran flag on January 12, 2019 in Abu Dhabi, United Arab Emirates. Matthew Ashton – AMA | Getty Images European officials said they created a trading vehicle to help Iran get some relief from U.S. sanctions, but Tehran may see the proposal as insufficient to stop it from moving forward with
According to CoinTelegraph, one of the world’s largest crypto exchanges, Binance, is in “official” talks with Facebook regarding the latter’s new Libra coin. The exchange’s strategy officer, Gin Chao, told BlockTV yesterday that the company is “very excited” about the Libra project. What we know so far, according to Chao, is that the talks “have
According to reports in the crypto press Thursday, cryptocurrency exchange Binance is talking to Facebook about getting involved in the social media giant’s upcoming Libra project. Finance Magnates says it spoke to Binance at the FinTech Junction event in Israel on Thursday, with the exchange’s CSO, Gin Chao, saying that early discussions have taken place with Facebook over a
Justice. Getty Often, when we think about bankruptcy, we picture someone getting all of their assets repossessed. However, that’s only on form of bankruptcy, Chapter 7. This article will cover Chapter 13 bankruptcy, which allows you to keep your assets and pay off your debts through a repayment plan. Read on to learn more about
David Auten and John Schneider were trapped in an hour-and-a-half car ride home. After spending a weekend in the Rocky Mountains with friends, the Denver couple were fantasizing about one day owning a vacation home. However, they soon realized that they were saddled with $51,000 of debt. Like many Americans, they said their spending habits
View Bitcoin is still on track to close with gains for the fifth straight month, despite having witnessed a double-digit technical correction in the last 36 hours. The hourly chart shows the pullback has ended and prices could revisit recent highs over the weekend. With a reward halving due in May 2020 and increased institutional
Puerto Rico’s May revenue was the highest of any May on record. The net revenue of $922 million was 19.9% above the November 23 projection for May revenues. The November projection was itself an increase from the Puerto Rico Oversight Board’s projections associated with its June 28, 2018-approved fiscal 2019 budget. The government is now
Since mid-April, the share price in the iPath DJ-UBS Livestock Total Return Sub-Index ETN (COW) has traded in a continual downward trend, taking the ETN from a high of $54.65 (April 15th) to a low of $44.51 (June 24th). In the past couple of days, the ETN has traded higher, underpinned by a stronger-than-average volume.
Procter & Gamble Goldman Sachs upgraded Procter & Gamble on Friday and said the consumer staples giant offers shareholders a “potential double-digit return.” “We believe there is a role in investors’ portfolios for a large liquid global staples company such as this and note that PG remains the most underweight US listed mega-cap global consumer
NEW YORK, NY – APRIL 24: Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell, April 24, 2019 in New York City. U.S. stocks started the trading day mixed, following Tuesday’s closing record highs for the S&P 500 and Nasdaq. Drew Angerer | Getty Images
Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) ahead of the closing bell, June 21, 2019 in New York City. Drew Angerer | Getty Images Check out the companies making headlines after the bell: Shares of several major financial firms rose in extended trading after news that they
According to reports, Singapore-based crypto exchange Bitrue has been hacked. The culprits have made off with approximately $4.2 million in user assets. What’s going on? Here’s what we know so far. Bitrue Hacked The hack was announced earlier today via Twitter, with the company saying it first noticed the issue around 1 am local time
Bitcoin is down more than $1,700 since yesterday after a violent sell-off rocked the markets, catching a lot of traders off-guard. At 16:00 UTC on June 27, the world’s largest cryptocurrency by market capitalization, bitcoin (BTC), suffered a steep correction in its price, dropping to a low of $10,300 after eight straight days in the
12 Hicks Lane in Sands Point Steven Bababekov of TourFactory “The Stars and Stripes Forever” and other cherished marches from American composer John Philip Sousa will be heard across the country on the Fourth of July next week, so what better place to watch fireworks than from the lawn of his Long Island estate? Sousa,
53 Mins Ago The Howard Hughes Corporation, which is an owner, manager, and developer of different types of real estate throughout the U.S., has hired bankers at CenterView to explore strategic alternatives that include a sale of the company, according to people familiar with he situation. CNBC’s David Faber reports.
View Bitcoin’s price volatility, as represented by the daily trading range, jumped to a 17-month high on Wednesday. The cryptocurrency has dropped from $13,880 to $11,200 in the last 15 hours and could slide further to $10,000, according to the bearish setup on the hourly chart. A possible falling channel breakout on the hourly chart
Chicago will terminate $1.4 billion of short-term borrowing programs, saving the city about $22 million in fiscal year 2020, Mayor Lori Lightfoot said Thursday. The termination of the lines of credit and commercial paper programs resulted from improved cash flow forecasting and reporting done by the city, the mayor said. The $22 million in savings
With the OPEC meeting scheduled for July 2 and the G-20 summit for June 28 and 29, the next few days are going to be very important for the VanEck Vectors Russia ETF (RSX). The ETF is heavily weighted towards the energy sector, and so, it will be affected in the near term by movements
Paychex Access payroll card in Brookline, Mass. Pat Greenhouse | The Boston Globe | Getty Images Shares of Paychex dropped on Wednesday after Bank of America downgraded the stock due to its “excessive valuation” and “underwhelming fundamentals.” The bank slashed its rating for the employment services company to underperform from neutral, while keeping its 12-month
FAANG stocks displayed at the Nasdaq. Adam Jeffery | CNBC We’re nearing the end of the second quarter, with the S&P 500 notching a gain of nearly 3% this quarter and 16% for the first half. But the gains are not evenly distributed. A few of the the largest stocks by market capitalization are leading
- 1
- 2
- 3
- …
- 9
- Next Page »