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This could signal trouble for stocks
Technical and fundamental indications could be pointing to further upside for the VIX, which could also lead to further pain for investors.
Ford's warning to the world
Ford shares are stalling out, and the decline could have broader implications for the stock market, according to some market watchers.
How to make sure college is worth the cost
New research can help students decide which majors are worth taking out debt for.
The 5 key issues most 2014 candidates have ignored
So says a new study of the American political system. There are certainly a few Senate and House races that may turn on issues of war, immigration reform, jobs, the economy and federal spending – and the competing candidates’ differences. As two veteran journalists discovered in an exhaustive study of the 2014 primary season for the Brookings Institution, the campaign trail has become largely an information-free zone where political affiliations and party boilerplate count for far more than substantive discourse. Or as Jill Lawrence and Walter Shapiro, the two political columnists enlisted for the “Primaries Project” noted Tuesday, “The closer you get the worse it looks.”
Apple adding gold color iPad to boost sales
Apple Inc. (AAPL) will add a gold color option for its full-size iPads in an effort to boost a category that's posted declining shipments this year, according to people familiar with the plans. New versions of the company's 9.7-inch iPads, anticipated to be unveiled this month, will include gold as a choice of color for the rear metal cover, adding to the silver and gray available for the lighter iPad Air, the people said, asking not to be identified ahead of an announcement. Teresa Brewer, a spokeswoman for Cupertino, California-based Apple, declined to comment. Sales of the iPad have declined for the past two quarters after soaring from $5 billion when the product was introduced in 2010 to $30 billion in 2012.
Waning demand hits factory activity across Asia and Europe
BANGALORE/SYDNEY (Reuters) - Dwindling demand cut factory activity across much of Asia and Europe in September, sending it to multi-month lows and raising the chances that global growth will slow in the months ahead. Despite gentler price rises, China's figures were mired barely above contraction, Britain slumped, and the drop in new orders did not even spare Germany, the strongest member of the euro zone currency bloc, or France, its No. 2 economy.
Stock futures begin fourth quarter flat, data awaited
U.S. stock index futures were little changed on Wednesday as investors looked ahead to a number of economic reports that could set the tone for the fourth quarter on Wall Street. * Markets are coming off ...
Ackman's Pershing Square raises $3 billion in fund listing
Pershing Square Holdings, a fund managed by activist investor Bill Ackman, raised $3.07 billion ahead of a stock market listing in Amsterdam, the company said on Wednesday. The fund boosts the firepower of billionaire Ackman, famed for aggressive moves such as a $1 billion bet against U.S. Pershing Square Holdings' shares will start trading on Euronext Amsterdam on Oct. 13.
Asian factories slow in September, push inflation ever lower
Factory activity stumbled across much of Asia in September, with slowdowns in India, Japan and Taiwan and an outright decline in South Korea delivering a setback to hopes for a pick in world growth this year.
China's property rescue package: Will it work?
The latest steps to rescue China's sagging property sector are among the most high-profile yet, but don't expect a market turnaround, economists say.
Can investors ever kick their stimulus addiction?
The U.S. economy is showing signs of improvement: unemployment is at 6.1%, the lowest rate since September 2008, and Q2 GDP grew at a 4.6% annual rate. But Gary Shilling, president of A. Gary Shilling & Co., doesn’t think that's enough.
The truth about October markets
There is almost nothing unique about October, at least not in an investable sense. It's a mental trap, almost irresistible precisely because it's so simple.
Did Treasury work against the Fed?
Regulators divided: A new study indicates the Treasury Department snarled the Federal Reserve's efforts to cut long-term interest rates.
Should you be concerned about US home prices?
Stan Humphries, Chief Economist at Zillow, explains why markets don't have to be worried about the below-view rise in July's S&P/Case-Shiller home price index.
Asia markets start quarter on back foot
By Nigel Stephenson LONDON (Reuters) - Stocks worldwide began the fourth quarter on a negative note on Wednesday, as lacklustre economic data and civil unrest in Hong Kong kept investors cautious before ...
Does EBay's PayPal spinoff set the stage for an Alibaba bid?
Now that eBay is jettisoning its lucrative payment-processing arm, the No. 2 U.S online marketplace could become an alluring takeover target for newly-public Alibaba.
Next market rally may come from Japan
As the fourth quarter kicks off, investors are starting to get excited about a new locale that's home to an unlikely comeback story.
Firms seeking Ebola treatment surge as first U.S. case...
Shares of pharmaceutical companies working on a drug to treat Ebola spiked after the CDC confirmed the first case diagnosed in the U.S.
Why Netflix is worth only half of its current price
Netflix’s stock may have gotten a nice pop because of a new film announcement, but one analyst who covers the name has come out to say it’s “way overvalued”.
JPMorgan to face class action in $10B MBS case
A federal judge on Tuesday said JPMorgan Chase & Co must face a class action lawsuit by investors who claimed the largest U.S. District Judge Paul Oetken in Manhattan certified a class action as to JPMorgan's liability but not as to damages, saying it was unclear how investors could value the certificates they bought, given how the market was "not particularly liquid." He said the plaintiffs could try again to certify a class on damages. Oetken ruled 10 months after JPMorgan reached a $13 billion settlement to resolve U.S. The class consists of investors before March 23, 2009 in certificates issued from nine of 11 trusts created by JPMorgan for the April 2007 offering.
Crude tumbles in worst quarter since 2012
U.S. crude oil prices came under heavy selling pressure over the past three months as a strong dollar, ample supplies and economic uncertainty weighed on sentiment.
Pimco CEO: Moving on from Bill Gross
CNBC's Brian Sullivan speaks to Pimco CEO Doug Hodge, about the departure of Bill Gross and how the firm plans to stop outflows. Hodge says prior to the departure of Gross, 75 percent of assets were managed outside his control.
Wall Street posts September slump amid commodity swoon
U.S. stocks slipped on Tuesday, dragged down by energy and materials shares as economic data disappointed. Major indexes also posted losses for the month, but ended the quarter with gains. The S&P energy ...
What I gave up to save $1 million
They may have million dollar-plus nest eggs, but they had to make some big sacrifices along the way to get there. Here's what these four savers did without in order to save seven-figures retirement.
PayPal in play for Google as leftover EBay invites LBO
EBay announced today that it's spinning off the PayPal payment-services business from its online marketplaces to unlock value at a $70 billion company whose valuation has been sagging lately. The move may make either half of the company a target as industry acquirers from Alibaba to Google seek ways to further their dominance of the Internet.
Windows 10 tries blending new with familiar
The next version of Microsoft's flagship operating system will be called Windows 10, as the company skips version 9 to emphasize advances mobile devices.
Dimon pep talk consoles Eric Cantor on way to Wall Street
Eric Cantor sat in his Washington office in June after one of the biggest upsets in congressional history, getting encouragement from JPMorgan Chase & Co.'s Jamie Dimon, head of the largest U.S. Dimon talked about being fired from another bank by his mentor before rebounding to an even better seat, according to two people who were there. Cantor, 51, started this month as a managing director and vice chairman of New York-based investment bank Moelis & Co. (MC), where he'll earn more than $3.4 million by the end of next year. They cite a fascination with finance that goes back years before he became House majority leader, a conviction that bankers drive the economy and an enthusiasm for helping them do it better.
U.S. charges four with stealing $100 million in software,...
Four members of an alleged international computer hacking ring were charged with stealing more than $100 million worth of software and data - some of it used to train military pilots and some related to Microsoft Corp's (MSFT.O) Xbox gaming console - the U.S. Justice Department said Tuesday. Two of the four - a 28-year-old New Jersey man and a 22-year-old Canadian man - pleaded guilty to charges contained in an indictment unsealed earlier in the day, the agency said. Prosecutors said the ring gained unauthorized access to the computer networks of Microsoft and some of its partners between January 2011 and March 2014 to steal source code, technical specifications and other information.
Why the EU is really going after Apple over taxes
What exactly is behind the European Union's gripe with Apple over taxes? Tuesday we found out, as E.U. regulators for the first time revealed why they believe the tax deals Ireland granted to Apple constitute illegal state support in their "preliminary view," according to multiple media reports.
School spending by affluent is widening wealth gap
Education is supposed to help bridge the gap between the wealthiest people and everyone else. Ask the experts, and they'll count the ways: Preschool can lift children from poverty. Top high schools prepare ...
Gross fallout: Morningstar downgrades Pimco fund
Morningstar downgraded Pimco's flagship Total Return fund on uncertainty regarding outflows and management following the departure of Bill Gross.
1 year later: Buy stocks booted from the Dow?
Nick Colas on how stocks added to Dow Jones Industrial Average have fared in the past year.
China takes boldest step yet to lift housing market, economy
China cut mortgage rates and downpayment levels for some home buyers on Tuesday for the first time since the 2008 global financial crisis, making one of its biggest moves this year to boost an economy increasingly threatened by a sagging housing market. Yet some analysts cautioned investors against thinking that the housing market and broader economy were poised to stage a stunning recovery. The housing downturn has weighed on already soft demand in China, dampening consumer confidence and slashing demand for related products from home appliances to glass, cement and steel. The news, which came on the eve of the Golden Week holiday, signalled that China's central authorities were serious about preventing further deterioration in the property market, which accounts for about 15 percent of the world's second-biggest economy.
Dollar soars, world stocks head for worst quarter in two...
The dollar surged on Tuesday after data showed inflation in the euro zone barely rose in September. The dollar hit a four-year high against a basket of major currencies and a two-year high against the euro.
Robert Shiller: Housing shows signs of weakness
Robert Shiller, Case-Shiller Index co-founder and Yale University professor of economics, discusses the latest key housing data. Shiller explains why there are signs of some weakening and if housing is a good investment.
Ukrainians gear up for winter without Russian gas
Ukrainians are rushing to insulate their walls, seal up drafty windows and snap up heating equipment as the possibility sets in that they may be about to experience their first winter without Russian gas.
EBay, PayPal to split: What you need to know
eBay (EBAY) shares are higher after the company announced it will split with PayPal sometime next year. After the split the two will trade as entirely separate companies, bringing to fruition a plan very much like the one laid out by shareholder activist Carl Icahn 9 months ago.
Forget Hong Kong, Pimco -- junk is driving this market
Never mind Hong Kong protests, Pimco’s palace intrigue or violent clashes in the Middle East. The crucial influence on our markets right now is what investors are willing to pay for junk.