NEW YORK — The guessing game over higher interest rates is making for a jerky stock market.A day after their biggest gain in six weeks, stock indexes mostly fell on Tuesday as oil continued to slide and investors fretted over when the Federal Reserve will raise a key borrowing rate. The Fed kicked off a two-day meeting on Tuesday to […]
U.S. stocks rose Monday even with another negative surprise, this time in the Empire State survey, one of the first pieces of data on March activity. The Empire survey, at 6.9 in March, was the weakest since November 2013, and well below the reading of 8 expected by economists.For the year, the divergence between the U.S. and Europe has been […]
Art by Mike LucasAllergen Research has raised $80 million to help tackle the problem of peanut allergies, Brian Gormley reports for Dow Jones VentureWire. The company is developing a product that desensitizes patients so that accidental exposure to peanuts doesn’t cause a severe allergic response. Peanut allergy is one of the most common of food allergies, which affect 5% of children and 4% […]
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Josh Zumbrun
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Companies trying to decide whether it’s worthwhile to create a friendly workplace could do well to consider this: Companies that employees report to be a good place to work have significantly outperformed the S&P 500 over the past six years.The data comes from Glassdoor Inc., an online job and company information website, which solicits employees to post anonymous reviews of […]
Benchmarks started the holiday-shortened week on a positive note banking on encouraging news from Greece. Indications that the Greek government intends to seek an extension of the country’s loan agreement program improved sentiment. While the S&P 500 closed at an all-time record high, the Dow closed at the highest level so far this year. Markets were closed on Monday for […]
VIDEO UPDATE: Market analysis + CANSLIM stock picks.A very quiet morning led to some volatility in the afternoon but in the end it was a quiet close on the indexes as the S&P 500 was fractionally lower while the NASDAQ added 0.28%. Most of the attention was on Greece again but most expect a can kicked down the road… as […]
A Hawaii district court has brought judgment against Ronald Zaucha, the chief executive officer of Left Behind Games and developer of the Christian-themed real-time strategy titles by the same name, the United States Securities and Exchange Commision said in a litigation release yesterday. Zaucha is liable for $2.6 million dollars in “disgorgement, interest and penalties,” and has been permanently banned […]
VIDEO UPDATE: 30m session looking at the long term market charts, top 5 movers on the day, three minutes speed run through Bespoke 50 list, viewer charts, and some ticker education.Thursday was much the opposite of Wednesday; yesterday the market was up thru mid afternoon then suffered significant selling late. Today indexes were down thru mid afternoon and then buyers […]
Stock market today, January 29, 2015: U.S. stock futures for Thursday, Jan. 29, forecasted a 33-point gain from yesterday’s close. The Dow Jones shed 195 points on Wednesday following a U.S. Federal Reserve statement about interest rates issued at the conclusion of the FOMC meeting.Today, investors will focus on a busy day of earnings reports that includes quarterly updates from Google Inc. (Nasdaq: GOOG, […]
Bloomberg
Jamie Dimon, CEO of J.P. Morgan
J.P. Morgan Chase CEO Jamie Dimon made waves last week, calling out the regulatory environment for banks as downright un-American.That kind of bluster is old hat for the top bank exec. Dimon was quick to position himself as the chief critic of bank regulation even as J.P. Morgan’s JPM, +0.32% peers Bank of America BAC, […]
