Federal Reserve

Is the Fed Afraid of Deflation?

The Federal Reserve made its announcement for the FOMC policy meeting on Wednesday afternoon. Overall what 24/7 Wall St took away from the meeting was that the Fed plans to ...
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Blue flames of gas stove

Natural Gas Inventory Growth Drives Prices Down

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 90 billion cubic feet for the week ending September 12, compared with an expected ...
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jobs

Philadelphia Fed Posts Huge Gains in Employment

The Philadelphia Federal Reserve released its Business Outlook Survey Thursday. Firms indicated that there was continued growth in the region’s manufacturing sector for September. The current activity index fell from ...
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Scotland Flag

Scotland Expects Record Turnout for Independence Vote

Voters in Scotland started going to the polls at 7 a.m. local time Thursday to answer a seemingly simple question: “Should Scotland be an independent country?” There is a box ...
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biotech

Analyst Sees Incyte Worth 70% More

Incyte Corp. (NASDAQ: INCY) has serious upside potential, but the inherent risk within it may be too much for some investors to bear. This stock is not for the risk ...
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UBS’s 4 Top Online Travel Stocks With Big Upside Potential

The online travel industry is a growth vehicle that continues to chug away as the old travel agency days become a distant vision in the rear-view mirror. Online travel has ...
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cloud computing

What to Expect From Oracle Earnings

Oracle Corp. (NYSE: ORCL) is set to report earnings on Thursday, after the market closes. The previous earnings report played a key role in the direction of this company’s share ...
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home building

New Housing Starts Take Double-Digit Dive in August

The U.S. Census Bureau and the Department of Housing and Urban Development reported Thursday morning that new housing starts in August fell sharply to a seasonally adjusted annual rate of ...
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Weekly Jobless Claims Shatter Estimate

The U.S. Department of Labor released the numbers for weekly jobless claims Thursday morning. This week saw a huge drop in claims, almost as if it was correcting for the ...
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uncertainty market evolution

5 Analyst ‘Out of Consensus’ Stock Picks With Up to 100% Potential Upside

On Wall Street, everybody goes with the flow, which is a reality that can be good or bad. The more analysts that cover a stock, the more looks you get ...
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Amazon Fire_HDX_8.9

Amazon’s New Tablets Get Subdued Introduction

Amazon.com Inc. (NASDAQ: AMZN) knows how to make noise about new products and services, so when the company chooses to introduce five new models of its Kindle and Kindle Fire ...
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investing

Credit Suisse Gold Standard Yield Stocks May Be the Safest to Own Now

Often the reason Wall Street takes a liking to a specific stock or sector is the momentum is there to drive it higher. The problem with that is, when momentum ...
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Rite Aid

Rite Aid Cuts Guidance as Margins Fall on Generics

Rite Aid Corp. (NYSE: RAD) reported second-quarter fiscal 2015 results before markets opened Wednesday. The drug store chain reported quarterly adjusted diluted earnings per share (EPS) of $0.13 on revenues ...
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Monsoons Help U.S. Drought

The extreme drought in parts of the United States is being helped from an improbable source. It is what the U.S. Drought Monitor calls "monsoons." According to the experts from ...
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Los Angeles

MIT App Would Help Cars Avoid Traffic Jams

MIT (Massachusetts Institute of Technology) researchers claim they have built a system that could help cars avoid traffic jams. The project, which created the service is called "RoadRunner," was introduced ...
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