The earnings recession of 2019 will soon be over, as history suggests investors can count on a fourth-quarter comeback that flips the earnings growth outlook to positive from negative. Aggregate earnings for S&P 500 companies SPX, +0.31% fell from a year ago for the first three quarters of 2019, matching the three-quarter streak of declines […]
1 / 4 Justice Barr U.S. Attorney General William Barr delivers remarks to announce the establishment of the President’s Commission on Law Enforcement and the Administration of Justice, at an event at the Department of Justice Headquarters, Wednesday, Jan. 22, 2020 in Washington. (AP Photo/Michael A. McCoy) WASHINGTON (AP) — Attorney General William Barr on […]
Arizona mother admits killing her 3 children, police say PHOENIX – The mother of three children found dead Monday night in a Phoenix home admitted killing them and has been arrested, Phoenix police officials said. Police identified the mother as Rachel Henry. Henry, 22, was arrested Monday night after the children, all under the age […]
Tesla Inc. stock skyrocketed Tuesday as one analyst said the shares’ ongoing rally is “extremely unusual” in the automobile and industrial sectors. Tesla shares TSLA, +6.15% rose more than 6% and traded as high as $545.90, on track for a record close. The stock fell in the three prior sessions. Tesla stock has doubled in […]
‘Get out of trash. There’s still a lot of money in cash.’ Ray Dalio If there are investors who believe cash is king amid this market bull run, they ought to think again, suggests Ray Dalio. The billionaire founder of the hedge fund Bridgewater Associates said during a CNBC interview on Tuesday on the sidelines […]
Shares of Visa are on track to notch their longest win streak since 2009, with a potential ninth straight gain, as an analyst said the stock looks like a smart way to bet on millennial finance trends. The credit-card giant’s stock was last up 1.4% in Tuesday afternoon trading and on pace to hit yet […]
MADRID (AP) — Spain’s new government declared a national climate emergency on Tuesday, taking a formal first step toward enacting ambitious measures to fight climate change. The declaration approved by the Cabinet says the left-of-center Socialist government will send to parliament within 100 days its proposed climate legislation. The targets coincide with those of the […]
Getty Images Federal Reserve Board Chairman Jerome Powell has argued that the asset purchases are not quantitative easing, but investors have been skeptical. The Federal Reserve’s expansion of its balance sheet since last fall has supported cyclical and financial stocks and hurt defensive ones like utilities and telecommunication, according to a new study released Tuesday. […]
An attorney for Lev Parnas, the indicted associate of Rudy Giuliani, sent a letter to Attorney General William Barr on Monday, requesting the he recuse himself from Parnas’ criminal case. Parnas was arrested last October and charged with campaign finance violations. In the letter, which was also filed in New York federal court, attorney Joseph […]
WASHINGTON — Senate Majority Leader Mitch McConnell released the rules for a Senate impeachment trial on Monday evening, the night before Republicans in the chamber are set to approve them by what is expected to be a party-line vote. The most noteworthy detail: Republicans will leave the House impeachment managers only two days to make their […]