News - InvestingPie

WASHINGTON (MarketWatch) -- President Donald Trump said he'll announce his nominee for the vacant seat on the Supreme Court on Tuesday night. "I have made my decision on who I will nominate for The United States Supreme Court. It will be announced live on Tuesday at 8:00 P.M. (W.H.)," he tweeted from his personal account. The nominee will fill the slot vacated by Antonin Scalia, who died last year.


[Full Story...]
62 0

U.S. stocks posted their biggest decline for 2017 as investors fretted over the negative implications of President Donald Trump's decision to temporarily halt immigrants from certain countries with large numbers of Muslims. There are also concerns that the fast pace of executive orders from the new president could sow more confusion and uncertainty in the market going forward. The Dow Jones Industrial Average DJIA, -0.61% closed below the psycholo
[Full Story...]

65 0

U.S. stocks opened flat on Friday, as the market's recent uptrend was seen as intact despite a weak read on economic growth, as well as some disappointing corporate results. The U.S. economy slowed in the fourth quarter, according to the latest GDP data, coming in at a 1.9% growth rate, which was below expectations. Separately, both Chevron Corp CVX, -2.19% and Google parent Alphabet


[Full Story...]
108 0
 Mexican President Pena Nieto cancels meeting with Trump

Mexico's president said Thursday he has canceled a meeting scheduled for next week with President Donald Trump. President Enrique Pena Nieto's announcement comes a day after Trump signed an order to build a wall along the Mexican border. Trump has insisted Mexico will pay for the wall but Pena Nieto has never agreed to that. Earlier Thursday, Trump said on Twitter it would be better to cancel the meeting "if Mexico is unwilling to pay for the badly needed wall."


[Full Story...]
84 0
 Former Bush aide: There won’t be a ‘quick’ U.S.-U.K. trade deal

WASHINGTON – If President Donald Trump wants to talk about a “quick” trade deal with British Prime Minister Theresa May at the White House on Friday, he may be disappointed, form
[Full Story...]

86 0
 Dow futures move slightly lower after weak data, earnings

Futures for the Dow Jones Industrial Average were set to open lower on Friday as investors weighed disappointing fourth-quarter GDP data and a spate of earnings, including a miss from Dow component Chevron.

The U.S. economy slowed in the fourth quarter and annual growth failed to reach 3% for the 11th straight year.

Dow Jones Industrial Average futures YMH7, -0.14%  were off by 15 points to 20,056, after rising on Thursday to close ab
[Full Story...]

94 0
 The contrarian case for buying a big U.S. fund filled with Mexican stocks

A couple of America’s frenemies have grabbed traders’ attention, as the Dow fights to end the week above 20K.

President Trump’s get-together with his Mexican counterpart is cancelado, but at last check he’s still huddling later today with his opposite number from our former overlord.

The nixed Mexican meeting halted the peso’s USDMXN, -0.8426% brief rally , and now there are “tough issues” to tackle as Trump chats with ...


[Full Story...]
85 0
 Dollar higher as yen comes under pressure; peso rebounds modestly

The U.S. dollar rose against its major rivals on Friday, and was particularly strong against the yen as action taken by the Bank of Japan was seen as a message that a tapering of its asset-purchase program wasn’t on the table.

However, the dollar came off its highs of the session after a weaker-than-expected read on fourth-quarter economic growth.

The U.S. dollar USDJPY, +0.41%  advanced to ¥115.19 from ¥114.46 late Thursday in


[Full Story...]
186 0
 Opinion: Former Amazon chief scientist says this is why you don’t want data privacy at work

Today, businesses can inexpensively measure employees’ output—keystroke by keystroke, video frame by video frame—and predict both their job satisfaction and performance to an astonishing degree of detail.

How could these and similar data about your work help you in your career?

It’s not useful to demand privacy in this situation. Instead, you need some way to judge the trade-offs. I believe that workers should be able to see a calculation of the likely “return” to employees on the data being shared—including the metrics your company uses to evaluate compensation. Data must f
[Full Story...]

74 0
 Durable-goods orders fall for 2nd month in a row

WASHINGTON (MarketWatch) — Orders for long-lasting goods made in the U.S. fell in December for the second month in a r
[Full Story...]

91 0
 Earnings releases are still a confusing mess, and it’s investors who pay the price

Just two weeks into the fourth-quarter earnings season, and companies, including big blue chips, are producing some unusual and confusing releases that are certainly making life difficult for investors.

On Thursday, Ford Motor Co. F, -3.28% released one of the most unclear quarterly reports MarketWatch has seen, failing even to offer a year-earlier number for its earnings — or, in this case, loss — per share. The car company even flipp
[Full Story...]

67 0
 Trump pressured Park Service over inauguration crowd size | Trump, Putin to talk Saturday

The morning after he was inaugurated, President Donald Trump gave the acting director of the National Park Service an order.

The Washington Post reports Trump personally ordered Michael Reynolds to produce additional photographs of the Inauguration Day crowds of the Mall. Trump believed the photos might prove the media lied in reporting that attendance had been no better than average. The same day Trump spoke with Reynolds, the new president used an appearance at CIA headquarters to deliver an attack on the media for reporting that large swaths of the Mall were nearly empty during the inauguration...


[Full Story...]
355 1
 Does Trump rally face ‘one last meltup’ after Dow 20,000?

The stock-market rally that began in February 2016 and accelerated after Donald Trump’s presidential election victory in November may have room for “one last meltup” before succumbing to gravity, say analysts at Bank of America Merrill Lynch, in a Thursday note.

The analysts, led by chief investment strategist Michael Hartnett, previously warned investors to beware the “Icarus trade,” named for the Greek myth in which the aforementioned Icarus ignored his father’s warnings and flew too close to the sun, melting the wax on his homemade wings and plunging back to earth...


[Full Story...]
66 0
 10 ‘Dividend Aristocrat’ stocks expected to rise up to 22% as you get paid to wait

Some may say it’s foolish to buy shares of dividend stocks when interest rates are rising. But companies that steadily increase dividend payouts have a special allure as long-term investments.

And the proof is that, last year, dividend stocks kept pace with the broader S&P 500 Index SPX, -0.07%  despite the fact that the Federal Reserve had at the end of 2015 raised official rates for the first time in nine years...


[Full Story...]
92 0
Search InvestingPie
Search
Share on Twitter Share on Facebook Share on Google Plus
New comments
Very informative
05-03 04:23 by Liam
The same day Trump spoke with Reynolds
01-29 04:43 by Yavor737347
More from InvestingPie
Advertise with us

Find out our advertising solutions. Our Team will be in touch with you with a program that suits your needs. Please contact us.