Free eBook - The 10 Trading Mistakes the 1% Always Avoids

It is natural to make a few mistakes each day because trading requires a thousand realtime decisions. But the truly wealthy, super successful traders know how to avoid a few common traps that keep so many traders wishing and hoping instead of...

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Office supplies chain Staples sold for $6.9 billion

NEW YORK (AP) — Private equity firm Sycamore is buying office supplies chain Staples for $6.9 billion. The companies said Wednesday that shareholders of Framingham, Massachusetts-based Staples will get $10.25 per share. Staples stock had closed Wednesday up 77 cents, or 8.4 percent, to $9.93 on a late-afternoon report of a deal. The stock rose 1.5 percent in after-hours trading. Changing shopping patterns,...

June 28, 2017

Mississippi utility will stop efforts to complete coal plant

JACKSON, Miss. (AP) — One of the nation's largest utilities, faced with an ultimatum from Mississippi regulators, said Wednesday that it will suspend efforts to complete a first-of-its-kind coal-fueled power plant. The move is a blow in efforts to develop coal plants that emit less carbon dioxide, which could be key to improving the health of the nation's coal industry. Mississippi Power Co., a unit of...

June 29, 2017

How major US stock market indexes fared on Wednesday

U.S. stocks closed higher Wednesday as the market bounced back from losses a day earlier and notched its best day in two months. Banks and other financial companies led the gainers as investors bet that global interest rates will rise further. Technology stocks also were among the big gainers. Utilities and real estate companies lagged the broader market rally. On Wednesday: The Standard & Poor's 500...

June 28, 2017

Ex-pharmaceutical CEO accused at trial of cheating investors

NEW YORK (AP) — A federal prosecutor has told jurors in opening statements at the securities fraud trial of a former pharmaceutical company CEO that he built a bogus hedge fund empire on "lies upon lies." Assistant U.S. Attorney Karthik Srinivasan accused Martin Shkreli (SHKREL'-ee) on Wednesday of losing investors' money through bad trades, then looting a drug company for $10 million in a secret scheme to pay them back. Defense attorney Benjamin Brafman said that Shkreli was innocent. He said people around his client sometimes viewed him as an "odd duck," but also relied on his genius to make them money. The 34-year-old Shkreli is best known for using another pharmaceutical company to raise the price...

June 28, 2017

Top Trading Articles

forex

Pound jumps on Carney remarks about timing of rate hike

FRANKFURT, Germany (AP) — The British pound rose sharply Wednesday after the country's top central banker pondered the prospect of higher interest rates, a day after his counterpart at the European Central Bank sent the euro soaring with a relatively rosy economic assessment of the 19-country eurozone. The big moves in the currency markets show the extent to which traders are on alert for anything that may signal that the two banks will join the Federal Reserve in bringing an end to the stimulus measures that were put in place after the financial crisis and the ensuing Great Recession. The pound was in focus Wednesday, enjoying one of its best days since last year's vote to leave the European Union...

June 28, 2017
stocks

Trades for June 28, 2017.

Trades for today are in the Santander-SAN stock in the U.S Financial...

June 27, 2017
stocks

GOP touts lower premiums, but other insurance costs to rise

WASHINGTON (AP) — Republicans are touting lower premiums under their health care legislation, but that reflects insurance that would cover a smaller share of the cost of medical bills. The fine print is getting lost in the translation. Consumers might pay less up front every month, but if you break a bone or get hospitalized for a serious illness, you could be on the hook for a bigger share of the...

June 28, 2017
stocks

Trades for June 27, 2017.

Trades for today are in the Range Resources-RRC stock in the U.S Energy...

June 26, 2017
forex

Forex Weekly Outlook

A complete look at the week ahead in the Forex market and how to trade the...

June 25, 2017
stocks

Trades for June 21, 2017

Trades for today are in the Regions Financial - RF stock in the U.S...

June 20, 2017
stocks

Fed approves dividend, buyback plans of all 34 biggest banks

WASHINGTON (AP) — The Federal Reserve has given the green light to all 34...

June 28, 2017
stocks

Blame game in Portugal over wildfire that killed 64 people

LISBON, Portugal (AP) — Portugal's prime minister lost his patience with...

June 28, 2017
stocks

Begin teaching kids money management skills early

A part-time summer job can teach teens the value of earning a paycheck,...

June 28, 2017