Closely followed trader Art Cashin said that he won’t be too worried about the stock market’s move lower Tuesday as long as the S&P 500 doesn’t break a certain level. “For now, we’ll call it a consolidation until it begins to worsen,” Cashin, UBS director of floor operations at the […]
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Trump CIA pick Haspel says agency should not have carried out ‘enhanced interrogation program’
Gina Haspel, President Donald Trump‘s pick to lead the Central Intelligence Agency, now says the spy agency should not have used the brutal interrogation methods it employed in the years following the Sept. 11, 2001 attacks. In a letter to Senate Intelligence Committee Vice Chairman Mark Warner dated Monday, Haspel […]
Two of the supposedly safest stock market strategies are losing badly this year
In a year where the market has been trying to find a direction, investors have been largely looking the wrong way. Two of the most crowded trades, low beta and high dividend yield, have been major losers, according to Bank of America Merrill Lynch. The high yield strategy has netted […]
Why we hate working for big companies
It’s been quite a journey going from being born on a commune to raising more than $87 million in funding at a software company. It’s one that has forced me to wrestle with existential questions about my true beliefs, and how they intersect with my life as an entrepreneur. One’s […]
Can comedian Ben Stein change Trump’s mind on tariffs? We’re about to find out
WASHINGTON — When President Trump tunes into “Fox & Friends” on Monday morning, he may see a familiar face delivering a gentle warning that tariffs are “B-A-D economics.” In a last-ditch attempt to persuade Mr. Trump to back away from his trade approach, the National Retail Federation has enlisted Ben […]
Don’t make this mistake if you think you can’t afford to buy a home
If you’re ready to buy but you can’t afford a full 20 percent down payment, it doesn’t mean home-ownership is out of the question. The key thing to focus on isn’t how much you can put down, it’s making sure that you’re not getting in over your head financially. One […]
Kudlow: Trump-Xi ‘bromance’ could lead to a China trade deal
Chief White House economic advisor Larry Kudlow believes the U.S. and China can avoid a trade war despite a multitude of issues continuing to split the two nations. As one of the administration’s most ardent free trade supporters, Kudlow has been pushing for an agreement that can eschew heavy tariffs […]
Gap apologizes for selling T-shirt with ‘incorrect map’ of China
U.S. retailer Gap apologized on Monday for selling a T-shirt which it said had an incorrect map of China, adding it would implement “rigorous reviews” to prevent a repeat mistake. The apology came after a person posted pictures of the T-shirt on Chinese social media network Weibo, saying that Chinese […]
Lie-detecting computers equipped with artificial intelligence look like the future of border security
International travelers could find themselves in the near future talking to a lie-detecting kiosk when they’re going through customs at an airport or border crossing. The same technology could be used to provide initial screening of refugees and asylum seekers at busy border crossings. The U.S. Department of Homeland Security […]
Elon Musk: In the future anyone will be able to move to Mars, gas cars ‘will be like steam engines’
Billionaire entrepreneur Elon Musk says rocket technology will “enable anyone” to move to Mars and beyond. And gas-powered cars will be relics, “like steam engines,” he says. This according to a recent series of tweets from the Tesla and SpaceX boss. On Friday, SpaceX launched and landed the Falcon 9 […]