Economic Growth Is All on You, Consumer: The Fed

Consumer confidence in the U.S. has held steady and spending has increased despite a slew of negative signs that point toward an economic slowdown. Federal Reserve officials admit that consumers are alone in carrying the burden of the economy. “We’ve seen a decline in exports and weakening manufacturing data, reflecting slowing global growth and uncertainty […]

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Facebook’s Libra Backers Are Having Second Thoughts. No Surprise Here

Facebook’s Libra may have some early ship-jumpers as some of its first backers are reportedly distancing themselves from the project over regulation. | Source: AP Photo/Marcio Jose Sanchez, File By CCN Markets: Facebook’s Libra project could be dead on arrival. If it does launch, it probably won’t be anything like what was originally proposed by […]

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Can Elvis Save Netflix? Content Streamer Shows Signs of Desperation

Netflix seems to be getting increasingly desperate with its choices for original programming. Do we really need an Elvis Spy series? | Source: (i) AP Photo, file (ii) Shutterstock; Edited by CCN By CCN Markets: Netflix is facing increasingly intense competition from multiple other streaming services. Whereas Netflix once seemed to be creating high-quality, intelligent, […]

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GE Stock Rebounds, Short-Seller Citron Slams ‘Arrogant’ Whistleblower

Formidable short-seller Citron Research slams whistleblower Harry Markopolos following his GE ‘fraud’ report. GE stock rebounds – for now. | Source: PATRICK HERTZOG / AFP By CCN Markets: Formidable short-seller Citron Research this morning slammed legendary Madoff whistleblower Harry Markopolos following his 170-page General Electric “fraud” report. GE stock tanked almost 12% Thursday on the […]

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This Trade-War Sensitive Dow Jones Stock Is on the Index’s Leaderboard

One of the leaders in the Dow Jones is athletic company Nike, which is a bit surprising considering that it is dangerously exposed to China. | Source: Shutterstock In a welcome sight, nearly all 30 Dow Jones stocks are trading in the green today. One of the leaders in the Dow Jones is athletic company […]

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Snowden Slams Amazon for Doing the Trump Admin's Bidding

Edward Snowden tweeted a warning to Amazon’s AWS division this morning regarding a recent decision to ban all of Iran from the platform. Amazon kicks Iran off AWS, Snowden responds An American company, Amazon is forbidden from doing most types of business with the hermit kingdom of Iran. The US government has taken this ban […]

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Stock Market Investors Might Want to Be Greedy & Pile into Square

The stock market just suffered its most brutal week of the year so far, and Square was not immune to the pressure. Did investors overreact? | Source: Shutterstock The two biggest emotions that fuel the stock market are fear and greed. One will send stocks swooning, while the other can create bubbles. But as Warren […]

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Does Tesla Know Something About China It Isn’t Telling Us?

It’s always a good idea to read over the 10-Q and 10-K SEC filings of public companies. Occasionally, you may catch something in those filings that weren’t discussed in the quarterly earnings report, or mentioned during the conference call. Sometimes, a little change in the language used can tip you off that the company may […]

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