Venezuela’ self proclaimed interim president and President of the National Assembly Juan Guaido, speaks during a session at the National Assembly, in Caracas, Venezuela, Wednesday, Feb. 13, 2019. (AP Photo/Ariana Cubillos)ASSOCIATED PRESS The Maduro government has put Venezuela in Satan’s record books. That hellish distinction is because Venezuela is in the grip of one of
GIANT BANKS are made, not born. Today’s American behemoths were formed by a dizzying series of deals in the decade before the financial crisis. NationsBank and BankAmerica became Bank of America. Wells Fargo joined with Norwest. J.P. Morgan and Chase melded, and then bought Bank One. The crisis brought more mergers, but out of necessity
IMAGINE YOU have an assignation in New York. You have not been told where you should meet the other person and she has not been told where to meet you. You have no understanding of where to find her or where she might usually be found. She is as ignorant of you. You cannot communicate.
print-edition icon Print edition | Finance and economics Feb 14th 2019 AMONG THE adherents of universal basic income (UBI) are the Italian government, India’s opposition party and Alexandria Ocasio-Cortez, a Democratic congresswoman in America. Boosters argue that a minimum income would be a safety-net for people in precarious jobs—eg, those at risk of being displaced
EVERY YEAR a few women become the first of their sex to hold a particular job. The stars of 2018 include Tennessee’s first female senator and the first female head of the New York Stock Exchange. There is the occasional male first, too: in 2018 the first men graduated from Norland College, which trains nannies
GETTING KILLED in a video game, receiving unfair treatment from a teacher, seeing a relative go to jail: the teenagers taking part in Chicago’s Becoming a Man (BAM) initiative admit to a variety of frustrations, some trivial, some tragic, that can stir their anger. The initiative, which teaches young men how to regulate their emotions,
Forex news for NY trading on February 15, 2019 In other markets: Spot gold is up $8.88 or 0.68% at $1321.46 WTI crude oil futures are up $1.34 or 2.46% at $55.75 In the US debt market today, yields rebounded in the shorter end of the yield curve. Out the curve the gains were less.
NEWS | Feb 15, 22:22 GMT By FXStreet Team Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your
[This video is exclusive content for CNBC PRO subscribers and will appear above this story when logged in.] Doug Ramsey, the chief investment officer of The Leuthold Group, said U.S. equities may still be in the throes of an extended bear market and he would look to domestic value stocks or even overseas for better
The global equity rally continues to be bolstered by optimism that the trade war could finally see a framework agreement. The US also avoided a second government shutdown as President Trump accepted the deal lawmakers worked on, only to declare a national emergency to secure additional funds for his border wall funding. The S&P 500
The US dollar is lower against major pairs on Friday. US-China trade talks wrapped up in Beijing with little details, but official comments continue to be positive and a possible memorandum of understanding between the two nations calmed investors. Negotiations are headed back to Washington ahead of the March 1 deadline, but with a possible
Trade optimism helps Wall Street close the week on a positive note. Financials and energy lead the rally on Friday. Major equity indexes in the U.S. started the day in the positive territory and extended their gains on renewed optimism surrounding the U.S.-China trade conflict. Reflecting the strong appetite for risk, the CBOE Volatility Index,
US still working through the backlog of data Monday is a holiday in NY and a light calendar day world wide. Other than that, the US is still working through the backlog of data. So some of the releases are still “old news”. What’s on tap: Tuesday: Australia Monetary Policy Meeting minutes, 0030 GTM/7:30 PM
Understand the mood of the market Emotions are the key to understanding financial markets. However, it’s tough to make rational decisions based on them. Even if you think you read your emotions or other peoples emotions, you may get lost in trying to comprehend the feelings of the crowd. And the market sentiment is the
Breaks above trend line and 100 hour MA The EURUSD has taken off to the upside. The catalyst seems to be a break of the trend line at 1.1281 and the 100 hour MA at 1.12891. Those technical tools, held the pair in check yesterday and earlier today. The high yesterday reached 1.1309. Above that
(Reuters) – Wall Street’s main indexes were set on Friday to post their biggest weekly gain in nearly a month, as investors were optimistic about the ongoing trade talks to resolve a bruising tariff dispute between the United States and China. President Donald Trump said talks with China “are going extremely well”, and the U.S.
Identifying decent stock ideas by starting out with a price/earnings ratio is like starting out a Texas Hold Em poker game with Ace/King. It may not work out but the odds are good at least you’ve begun well. No guarantees about outcomes but it’s a great first step toward value. How much you have to pay
Consumer Confidence Talking Points: The overall index climbed to 95.5 from 91.2 in January, possibly due to the stock market’s rebound Long-term inflation expectations fell to the lowest level in the past half century Despite the increase, the index is still notably lower than recent months after January’s decline See how IG clients are positioned