admin June 26, 2018

Those cries of anguish you’re hearing are from technicians lamenting the Dow Jones Industrial Average breaking the 200-day moving average in Monday’s losing session. Don’t get caught up in their hysteria. In fact, a shrewd contrarian bet might even be to consider that break as a buy signal. The Dow’s […]

admin June 25, 2018

After reaching their highest level in about three years earlier this month, the price spread between global benchmark Brent crude and U.S. benchmark West Texas Intermediate crude has narrowed in recent days on the back of a production outage in Canada and OPEC’s plans to raise output. On Monday, August WTI crude […]

admin June 25, 2018

McDonald’s and Starbucks have been caught in a crackdown on plastics in India. The restaurant chains were among dozens of companies hit with fines in Maharashtra state — India’s second-largest with a population of more than 100 million — at the weekend, a government official said. The ban on single-use plastic items including shopping bags, […]

admin June 25, 2018

Wall Street’s trade war anxiety is spreading to tech. The Dow shed 400 points, or 1.7%, on Monday following news that President Donald Trump plans to crack down on Chinese investment in major technologies in the United States. The drop left the index on track for its worst day in two months and its ninth […]

admin June 25, 2018

Wall Street’s trade war anxiety is spreading to tech. The Dow shed 400 points, or 1.7%, on Monday following news that President Donald Trump plans to crack down on Chinese investment in major technologies in the United States. The drop left the index on track for its worst day in two months and its ninth […]

admin June 25, 2018

PayPal Holdings Inc. said Monday that it would be rolling out a debit card for Venmo users, as the company explores a new way to make money off of the peer-to-peer service. The new Venmo debit card will allow users of the popular money-transfer service to spend their balances in physical and online locations. Venmo […]

admin June 25, 2018

So much for this being a rough year for Facebook. Sure, the company has had to deal with the Cambridge Analytica data breach, accusations about Russia using Facebook ads to help influence elections and concerns about slowing user growth. Mark Zuckerberg is having the last laugh. Facebook’s stock (FB) just hit a record high on […]

admin June 25, 2018

Banks are not yet prepared for a “no deal” Brexit and must act now to avoid putting the stability of the financial system at risk, according to the European Union’s top regulator. In an opinion published Monday, the European Banking Authority said that preparation for a scenario where Britain crashes out of the European Union […]

admin June 25, 2018

Banks are not yet prepared for a “no deal” Brexit and must act now to avoid putting the stability of the financial system at risk, according to the European Union’s top regulator. In an opinion published Monday, the European Banking Authority said that preparation for a scenario where Britain crashes out of the European Union […]