Richmond Fed’s Lacker Wants Rate Hike ‘Sooner Rather Than Later’
In the view of Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, the most compelling reasons to lift the interest rate are related to household expenditures.
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Paul Ausick
Is the Staples-Office Depot Merger in Trouble?
Staples and Office Depot announced that the two companies "certified substantial compliance" with the second request from the FTC for information relating to their proposed merger.
VeriFone Lowers Q4 Guidance and Investors Head for the Exits
VeriFone Systems reported better-than-expected fiscal third-quarter 2015 results after markets closed Thursday.
The 52-Week Low Club for Thursday
ThinkstockSeptember 3, 2015: Here are four stocks trading with heavy volume among 39 equities making new 52-week lows today. Joy Global Inc. (NYSE: JOY) dropped 20% on Thursday to post a new 52-week low…
The 4 Stocks That Weighed on the DJIA Thursday
thinkstockSeptember 3, 2015: Markets opened higher on Thursday after the European Central Bank president indicated that the ECB would continue quantitative easing program. Markets in China and Hong Kong were closed for a holiday. Following…
SunEdison CEO Talks Cash
SunEdison got a boost of up to 10% Thursday from comments CEO Ahmad Chatila made in an interview on Wednesday.
Cannabis Social Network MassRoots Wants a Nasdaq Listing
MassRoots, a Denver-based social network for cannabis users, has filed an application to have its shares listed on the Nasdaq.
Gas Prices Headed Below $2 a Gallon
A gallon of regular gasoline costs nearly a full dollar less than a year ago, and it is the lowest gas price going into the Labor Day holiday weekend since 2004.
Boeing Delivers 64 Commercial Airplanes in August
In the first eight months of 2015, Boeing has delivered 503 commercial aircraft to its customers.
Natural Gas Price Ticks Lower After Massive Addition to Storage
The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased more than expected for the week ending August 28.
Dying Twitter Is Huge Source of Breaking News
There are some signs that if Twitter can sort out its problems it has some major opportunities. One of those opportunities, according to a new study, is its use to follow breaking news.
Claims for Jobless Benefits Up 12,000 Last Week
New claims for unemployment benefits rose by 12,000 in the week ending August 29, according to the weekly report from the U.S. Department of Labor released Thursday morning.
Campbell Soup Earnings Improve, Guidance Upbeat
Campbell Soup reported better-than-expected fourth-quarter and full fiscal year 2015 earnings before markets opened on Thursday morning.
August Retail Sales Hampered by Lower Back-to-School Shopping
Retailers were announcing August U.S. same-store sales figures Thursday morning. Research firm Retail Metrics projected that overall sales would be down for the month.
August Job Cuts Down 60% From July
The Challenger, Gray & Christmas job cuts report for August indicates that layoffs declined by more than 60% after reaching a new four-year high in July.
Joy Global Chops Outlook Following Weak Quarter
Joy Global reported disappointing third-quarter 2015 results before markets opened Thursday morning.
The 52-Week Low Club for Wednesday
ThinkstockSeptember 2, 2015: Here are four stocks trading with heavy volume among 95 equities making new 52-week lows today. Barrick Gold Corp. (NYSE: ABX) dropped about 3.7% on Wednesday to post a new 52-week…
The 4 Stocks That Lifted the DJIA on Wednesday
thinkstockSeptember 2 2015: Markets opened higher on Wednesday, following the lead of the overnight futures market. After the opening bell equities traded sideways for most of the morning, dipped in the late morning and…
Fed Beige Book Notes Pressure on Wages
ThinkstockU.S. economic activity expanded in all 12 Federal Reserve districts according to the latest version of the Beige Book released Wednesday afternoon. Six Fed districts characterized growth as moderate and five more described growth…
140 Million Records Exposed in 533 Data Breaches to Date in 2015
The latest report from the Identity Theft Resource Center (ITRC) reveals that there has been a total of 533 data breaches recorded through September 1, 2015, and more than 140 million records have been…