Russian President Vladimir Putin said in a press conference Monday he may give U.S. officials access to the 12 alleged Russian intelligence agents and computer criminals named in a Department of Justice indictment Friday. Speaking through a translator, President Putin said the 12 accused men could be questioned by Russian officials, and he would allow […]
Read moreAmazon suffered glitches in the opening minutes of Prime Day on Monday, slowing sales on the e-retailer’s biggest shopping day of the year. Amazon’s annual shopping holiday kicked off at 3 pm E.T. and runs for 36 hours, the longest Prime Day yet. Shoppers reported several errors — on both the desktop site and the […]
Read moreJeff Bezos keeps shattering wealth records – first the richest man in the world. Then the richest man of our time. And now, the richest man in recent history – adjusted for inflation. According to the Bloomberg Billionaires Index, Bezos’ fortune just crossed the $150 billion mark. That’s $55 billion richer than Bill Gates, at […]
Read moreCurrency, United States Finance
'The United States has been foolish': Read Trump and Putin's full exchange
U.S. President Donald Trump and Russian President Vladimir Putin held a press conference at their summit in Helsinki, Finland on Monday, where the two leaders discussed issues ranging from Russian meddling in the 2016 U.S. presidential election to nuclear arms proliferation, the war in Syria and cooperation on energy. The summit took place only days […]
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Goldman Sachs is worried about rising commodity prices and higher wages, but the firm believes there is still an investment strategy that can outperform. The firm recommended companies with high profit margins and return on assets. That’s because despite the one-time boost to profit from the corporate tax cut, companies face a number of challenges […]
Read moreThis earnings season is likely to be more volatile than the market is preparing for, according to Goldman Sachs, which outlined a tactical plan for clients looking to play the latest financial numbers. Analysts at the bank highlighted a number of stocks they believe investors should consider during a month typically rife with surprises. “We […]
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Netflix is scheduled to report earnings after the bell on Monday, but as much as the stock has surged this year, technician Craig Johnson of Piper Jaffray is warning investors against the streaming giant ahead of the event. “There’s a 9 percent implied volatility move coming into the quarter here,” he said Friday on the […]
Read moreA trend in the bond market that has a long history of foreboding accuracy has kindled talk of a recession, but it could be a long conversation. Current conditions suggest little danger of a significant economic downturn. Consumers and business owners are confident, corporate profits are soaring and the unemployment rate is headed toward the […]
Read moreBig banks continue to be a profitable group despite being immensely disliked on the Wall Street, CNBC’s Jim Cramer said Monday. “I think this group is hated,” Cramer said on “Squawk Box,” shortly after Bank of America reported better-than-expected second quarter earnings. “More hated than I’ve seen than any other time other than 2009 and […]
Read moreHELSINKI — Russian President Vladimir Putin told President Donald Trump Monday that he never meddled in the 2016 U.S. election, the Russian leader said Monday at a joint press briefing. “Once again, President Trump mentioned the issue of the so-called interference of Russia with the American elections, and I had to reiterate things I said […]
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