It's a dangerous summer for stocks: Deutsche Bank
With the stock market trading at or near all-time highs, the chief U.S. equity strategist Deutsche Bank tells CNBC he would not chase this rally.
Carl Icahn invests $100 mln in ride-sharing service Lyft
Ride-sharing company Lyft Inc said it raised $150 million, led by a $100 million investment from activist investor Carl Icahn’s Icahn Enterprises LP. One of Icahn’s managing directors, Jonathan Christodoro, …
Jobs mystery: Krugman blames Apple (kind of)
Unemployment might be low, but poor productivity proves the economy is far from full health, Nobel prize-winning economist Krugman argues.
Oil falls on glut worries as rally comes into question
Oil fell on Friday as renewed worries of a supply glut weighed on a market feared to be overpriced from a recent rally. Futures of North Sea Brent oil are up nearly 20 percent since the end of March, while U.S. crude has risen almost 30 percent, a rebound that appears to have overshot and could be about to correct. “A mood change is in the air,” Eugen Weinberg, global
Despite euro gains, dollar bulls don’t give up
Find out why Jonathan Krinsky, chief market technician at MKM Partners believes euro gains against the dollar won’t last.
Netflix in talks to enter China with Jack Ma-backed Wasu
Netflix Inc. is in talks with a Chinese media company backed by Jack Ma and other possible partners as it seeks entry into the country’s $5.9 billion online video market, according to people familiar with the matter. Netflix has held discussions with companies including Wasu Media Holding Co. about forming a partnership, according to the people, who asked not to be identified because the talks are private. Netflix plans “to
Mark Fields: Ford profit decline poised for a reversal this year, CEO Says
Ford Motor Co. Chief Executive Officer Mark Fields, presiding over his first annual meeting, addressed shareholder concern about the company’s lagging stock by promising the company is poised for a profit liftoff in the year’s second half.
ECB's Draghi says will not stop short in money printing
The European Central Bank will not stop short in rolling out its trillion-euro-plus money printing scheme, its president said on Thursday, playing down fears that quantitative easing could blow price bubbles.
Big banks pay up, Dish Network exclusive and short attention spans
Yahoo Finance’s Midday Movers is live each weekday at 12pm ET, covering all the latest news on the markets, the economy and the biggest stories of the day.
Stan Druckenmiller sees ‘massive' problem caused by aging
Billionaire investor Stan Druckenmiller said an aging population will present a “massive, massive problem” for the U.S. in 15 years.
