Tuesday, 26 February 2019

Why the Fed's next move may be a rate cut

The Federal Reserve plans to remain "patient" — to use Fed chair Jerome Powell's new favorite word — when it comes to interest rates. But when the central bank does make a move, Stifel's chief economist thinks it might lower rates, not raise them.
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Why the Fed's next move may be a rate cut
The Federal Reserve plans to remain "patient" — to use Fed chair Jerome Powell's new favorite word — when it comes to interest rates. But when the central bank does make a move, Stifel's chief economist thinks it might lower rates, not raise them. Read more »
 
Auto workers' union sues GM to keep three plants open
The United Auto Workers union sued General Motors on Tuesday, claiming the company's plan to shutter three auto plants violates the union's labor contract. Read more »
 
1,700 locomotive workers just went on strike at GE-Wabtec factory in Pennsylvania
General Electric just spun off its century-old railroad division to Wabtec. Factory workers immediately went on strike to protest the new owner's push for mandatory overtime and pay cuts for new hires. Read more »
 
Elon Musk's SEC fight: Here's what could happen next
It started with yet another Elon Musk tweet. Where it ends, nobody knows. Read more »
 
What it would take for Tesla to be done with Elon Musk
Elon Musk is a visionary and enjoys a cult following among many of Tesla's customers. But he is a loose cannon as a CEO of a company with public investors. Read more »
 
The real 5G winners: Tower companies
Telecommunications carriers around the world are busy getting ready to deploy 5G — the wireless technology that will usher in lightning-quick speeds and provide faster access to the cloud. Read more »
 
 
 
 
Dow Nasdaq S&P
-33.97   -5.16   -2.21
26,057.98   7,549.30   2,793.90
-0.13%   -0.07%   -0.08%
YTD +11.71%   YTD +13.78%   YTD +11.45%
 
Biggest Winners
Autozone Inc +5.10%
 
J M Smucker Co +4.98%
 
Advance Auto Parts Inc +3.30%
 
Mattel Inc +2.79%
Biggest Losers
ONEOK Inc -4.97%
 
Mosaic Co -4.06%
 
Kraft Heinz Co -3.24%
 
Newmont Mining Corp -3.19%
Hottest ETF
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NYSE Market Volume
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Key Market Stats Latest Today's Change
Oil $55.99 +0.49 / +0.88%
Gold $1,331.00 +2.50 / +0.19%
10-yr 2.64% -0.04
Euro $1.14 +0.00 / +0.22%
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