Elliott wave signals
Ursula von der Leyen, the incoming European Commission president, has indicated she’s open to a further delay. “I stand ready for further extension of the withdrawal date should more time be required for a good reason,” she told the European Parliament July 16.
Read more
Source: CNBC.com The Federal Trade Commission announced a settlement with Facebook over the company’s 2018 Cambridge Analytica scandal. Source: Facebook
Read more
The Federal Reserve’s highly anticipated interest rate cut might not play out in the financial markets like investors expect, says Wells Fargo’s global head of rate strategy.
Read more
S&P 500 hits 3,000 as Powell’s comments raise rate cut bets Source: S&P 500 hits 3,000 as Powell’s comments raise
Read more
Top 5 Things to Know in the Market on Wednesday Source: Top 5 Things to Know in the Market on
Read more
A smartphone displays the Bitcoin GBP market value on the stock exchange via the Yahoo Finance app.Guillaume Payen | LightRocket | Getty ImagesBitcoin nosedived Wednesday as Congress members highlighted the downsides of cryptocurrency on Capitol Hill.The world’s largest digital currency fell as much as 9% to a low of $7,435.26 Wednesday. That marked bitcoin’s lowest…
Read more
When Facebook first announced it was getting into the crypto business—with a basically unregulated currency called Libra—the reaction from Wall Street and government bankers was about as expected. There was skepticism and pushback from both quarters. Fast-foward a few months, and Libra is in trouble. The social media giant had lined up a long list of…
Read more
The wave of negative sentiment felt in Northern Ireland in the wake of Prime Minister Boris Johnson’s revised Brexit deal cannot be “underestimated,” a British lawmaker told CNBC on Sunday night U.K. time.”I think you can’t underestimate the anger, frustration and the betrayal that many many people feel … in northern Ireland,” said Jim Shannon…
Read more
President Donald Trump is prepared to use military force if “needed,” Secretary of State Mike Pompeo said Monday when he was asked about Turkey’s attack on Kurds in northern Syria.”We prefer peace to war,” Pompeo told CNBC’s Wilfred Frost in a taped interview that aired on “Closing Bell” on Monday. “But in the event that…
Read more
Dubai’s skylineAndrew Madali | 500px Prime | Getty ImagesABU DHABI – A recent move by the United Arab Emirates (UAE) to cut interest rates will protect the currency and support the economy amid rising external risks, the country’s top central banker told CNBC on Sunday.”When we have a turning cycle, lower rates really help our…
Read more
Dow Jones Industrial Average rises 57 pointsThe Dow gained 57.44 points, or 0.21% to close at 26,827.64. The S&P 500 climbed 0.69% to 3,006.72. The Nasdaq Composite closed 0.91% higher at 8,162.99. The major averages got a boost following positive comments on the U.S.-China trade front while investors hoped the earnings season can keep its…
Read more
Facebook CEO Mark Zuckerberg will testify before the House Financial Services Committee on Wednesday, telling lawmakers that the Facebook-backed libra cryptocurrency “will extend America’s financial leadership as well as our democratic values and oversight around the world.””While we debate these issues, the rest of the world isn’t waiting. China is moving quickly to launch similar…
Read more
BRUSSELS, BELGIUM – OCTOBER 17: Prime Minister of the United Kingdom (UK) Boris Johnson gives a press conference at European Parliament on October 17, 2019 in Brussels, Belgium. EU and British negotiators came to an agreement earlier today on the United Kingdom’s departure from the EU. (Photo by Jean Catuffe/Getty Images)Jean Catuffe | Getty Images…
Read more
Vegan pork rinds anyone? On Sunday’s episode of “Shark Tank” on ABC, vegan pork rinds company Snacklins caught the attention of many of the Sharks.”They’re made with real ingredients that a 6-year-old can pronounce: mushrooms, onions and yuca,” Samy Kobrosly, founder of Snacklins said during the episode. (Yuca is a root vegetable, similar to a…
Read more