Smoke is seen following a fire at Aramco facility in the eastern city of Abqaiq, Saudi Arabia, September 14, 2019. Stringer | Reuters Oil prices jumped more than 10% after a coordinated drone attack hit the heart of Saudi Arabia’s oil industry on Saturday, forcing the kingdom to cut its oil output in half. U.S.
1. Dow to open near its July record highs Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell on August 19, 2019 in New York City. Drew Angerer | Getty Images U.S. stock futures were pointing to about a 100-point advance for the Dow Jones
Equities. Shares. Dividends. Asset classes. Investing is filled with unfamiliar terms. You’ve heard how risky the stock market is. You know you have to put your money in the right places at the right time. “People can be paralyzed even before they start,” said David Wilson, a certified financial planner at Watts Capital in New
Share to facebook Share to twitter Share to linkedin Photocredit: Getty Getty There is a projected turning point on the 16th. The market has been rising, and the index is up against its July 26th all-time high. We can expect a pullback. The market is unlikely to make a new low, but let us look
Share to facebook Share to twitter Share to linkedin Photocredit: © 2019 Bloomberg Finance LP © 2019 Bloomberg Finance LP Here is a summary of the bearish influences on the metal price : Sentiment is too bullish. The weekly graph shows a hook sell signal, a sign of coming weakness. The monthly cycle topped on
Uptown Campus of Tulane University, New Orleans, Louisiana Universal Images Group via Getty Images One of America’s oldest research institutions advances a new find in New Orleans. Tulane University is launching a dual degree program where graduate students simultaneously earn the Master of Business Administration (MBA) and the Master of Sustainable Real Estate Development (MSRED),
Grounded Boeing 737 MAX aircraft are seen parked in an aerial photo at Boeing Field in Seattle, Washington Lindsey Wasson | Reuters A committee is set to deliver its findings to Boeing’s board this week on how the company can design and build safer airplanes after the fatal crashes of two 737 Max jets, The
Traders and financial professionals work ahead of the closing bell on the floor of the New York Stock Exchange. Drew Angerer | Getty Images U.S. stock futures dropped on Sunday night amid fears that a surge in oil prices following an attack in Saudi Arabia could slow down global economic growth. Dow Jones Industrial Average
Tim Cook at the Apple launch event in Cupertino Calif. on Sept. 10th, 2019. Source: Apple Here are the biggest calls on Wall Street on Friday: Goldman Sachs lowered its price target on Apple to $165 from $187 Goldman lowered its price target and said it sees a 26% downside to shares due to the
Not every relationship lasts forever. And the one with your financial advisor doesn’t need to, either. If the market’s wild ride and your recent returns have made you rethink the advice you’ve been getting, it could be time to consider a switch. However, knowing when or how to break up with your advisor is difficult.
Last Saturday’s sophisticated attacks in heavily guarded ARAMCO’s facilities by Houthi insurgents change the game for the oil market, and for ARAMCO’ Initial Public Offering (IPO). That’s according to Athens-based oil analyst Theophanis Matsopoulos. For the oil market, Matsopoulos sees disruption in oil supplies and rising tensions between Saudi Arabia and Israel on the one
River View Ranch is being sold as a turnkey operation. Summit Sotheby’s International Realty Anyone with $45 million could buy a sprawling ranch in northern Utah that stretches across four counties. Once home to Debbi Fields of Mrs. Fields Cookies fame, the property on more than 200,683 acres is being sold as a turnkey operation
New York Governor Andrew Cuomo. Drew Angerer | Getty Images New York Gov. Andrew Cuomo on Sunday announced an emergency executive action ban on the sale of flavored electronic cigarettes in the state, amid a surge of vaping-related illnesses and deaths across the country. “Vaping is dangerous. Period,” the governor said. “No one can sit
SoFi Stadium conceptualization Rachel Reichblum | SoFi Financial technology start-up Social Finance is putting its name on the most expensive NFL stadium ever built. The company announced a 20-year deal on Sunday to call the new Los Angeles football compound “SoFi Stadium.” The 3-million-square-foot arena, which will be home to both the Rams and the
Chesnot | Getty Images Netflix is missing out on the broader market’s rally, but don’t give up on the stock, says Piper Jaffray. The firm reiterated its overweight rating on the stock and its $440 price target. “Despite an onslaught of new streaming services currently casting a cloud of concern over NFLX shares, we expect
RgStudio | E+ | Getty Images You can get 50,000 bonus miles or a $100 statement credit. How about free checked bags or rental insurance? Sound good? Well, have we got a card for you. So goes the irresistible sales pitch of sexy rewards and perks that many credit card issuers make to an American
Employees at Willson Electronics manufacturing facility in St. George, Utah. Source: Wilson Electronics Bruce Lancaster is confident his company can beat any competitor. The problem, he says, is that Wilson Electronics is fighting an uphill battle against several Chinese companies that do not respect intellectual property laws and don’t play by the rules. “These Chinese
“Who would have thought that a half white/half Korean boy from a lower income, predominantly Hispanic neighborhood would be involved in a tussle with a titan of finance and its army of Ivy League attorneys?” says Johnny Burris. Burris “I’m no hero,” Johnny Burris told me yesterday. “Fighting a desperate battle against one of the largest banks
The vast gig economy may be about to change, and not just in California. California is often a leader in laws regulating employment, often followed quickly by other states, so the changes could spread. The California Senate passed Assembly Bill 5 that could require Uber, Lyft and many gig companies to treat workers as employees. A
It seems like all the talk these days is centered around the inevitable recession. I see an article every day claiming that the end is near. Recently, the yield curve inverted, which many point to as a strong indicator of an oncoming recession. But, there are also many experts who claim the economy is strong.