Amazon hires help, Apple's automotive future and Ferrari revs up IPO
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From The Mindy Project to Law & Order: LA: See the Kardashian-Jenner Family's Best Cameos!
The Kardashian-Jenner family loves to make cameos. While we all know and love the Kardashian-Jenner family from Keeping Up With the Kardashians, they also love to pop up on other TV…
Deutsche Bank: "This Is Not an Economy That Is About to Enter Recession"
Full labor market capacity ahead, says Torsten Sløk.
Hedge funds see worst year since financial crisis
Poor performance weighed heavily on the hedge fund industry, causing the biggest net loss in capital since the fourth quarter of 2008.
The Smart Money Is Still Betting Against Crude Oil
Crude oil prices have remained relatively calm since their 25 percent late-August spike thanks to U.S. dollar weakness and reduced expectations of Fed rate hikes. As a result, many investors are wondering if the bottom is in for crude oil and energy stocks and whether it’s a good time to look for bargains. Ever since warning about the oil bust in June 2014, I have also been trying to determine
Has the market priced in an 'earnings recession'?
We’re now hearing more talk of an “earnings recession,” with plenty of confusion and disagreement over what it means.
Demand for rental apartments buoys U.S. housing starts
U.S. housing starts rose more than expected in September on soaring demand for rental apartments, a sign that the housing market continues to steadily improve even as economic growth has slowed. Groundbreaking increased 6.5 percent to a seasonally adjusted annual pace of 1.21 million units, the Commerce Department said on Tuesday. It was the sixth straight month that starts remained above 1 million units, pointing to a sustainable housing recovery.
Skeptics suggest China's slump deeper than acknowledged
China’s official data show economic growth slowing but skeptics say the downturn is much deeper than Beijing admits. The latest data Tuesday showed growth in the world’s No. 2 economy eased to a six-year …
Yum Brands to separate China business after investor pressure
Yum’s shares rose 4.6 percent in premarket trading. Yum China will operate as a publicly traded company and become a franchisee of Yum Brands in mainland China, paying the parent a percentage of its sales for exclusive rights to three of the company’s brands – KFC, Pizza Hut and Taco Bell. The split will allow Yum Brands to focus on reenergizing its stagnating business in the United States as well
Earnings woes hit Wall Street, China fears remain
U.S. stock index futures indicated a sharply lower open on Tuesday, ahead of a deluge of third-quarter earnings as China fears continued to weigh on investor sentiment.