Will travelers be hesitant to fly on the Boeing 737 MAX? Kaltbaum Capital Management President Gary Kaltbaum shares his thoughts on the Boeing 737 MAX resuming commercial flights, advances in drone technology and this year’s record-breaking number of Amazon deliveries….
Read MoreU.S. Services Gauge Strengthened Unexpectedly in December
Growth at U.S. service providers unexpectedly accelerated in December as gains in business activity and new orders helped offset a decline in a measure of employment. The Institute for Supply Management’s services index rose to 57.2 during the month from…
Read MoreElon Musk briefly overtook Jeff Bezos as the world's richest person thanks to Tesla's surging stock
Elon Musk briefly surpassed Jeff Bezos as the richest person on the planet on Thursday. The Tesla and SpaceX CEO's fortune soared as high as $184 billion on Thursday, outstripping the Amazon chief's fortune, according to calculations based on the…
Read MoreBed Bath & Beyond shares sink, store sales tumble
Fox Business Flash top headlines for January 7 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Shares of Bed Bath & Beyond Inc. plunged more than 12% in early Thursday trading after the home goods retailer…
Read MoreThe Everything Rally Defies Washington Mayhem After Deadly Clash
An insurrection in the home of American democracy just became the latest shock that’s failed to derail the global bull market. The armed attack on the seat of government — unprecedented in modern history — is leaving nary a dent…
Read MoreChina Sentences Ex-State Bank Chief to Life on Bribery
Sign up for Next China, a weekly email on where the nation stands now and where it’s going next. China sentenced Hu Huaibang, a former chairman of the nation’s biggest policy bank, to life imprisonment on charges of corruption, the…
Read MoreJapan Officials Meet to Show Vigilance on Yen Near 9-Month High
Senior officials from Japan’s finance ministry, central bank and financial regulator met Thursday in a show of vigilance over a strong yen and as the government announced a state of emergency in Tokyo over the coronavirus. “The stability of financial…
Read MoreOssoff wins the Georgia runoff against Perdue, CNN projects
New York (CNN Business)Wall Street shrugged off a shocking day in America’s history Wednesday as Trump supporters stormed the US Capitol in a violent attempt to disrupt the Congress’ electoral count. Yet if you looked only at the stock market’s…
Read MoreBlue Wave Bets Revive Reflation Trades All Over the World
Reflation trades are getting a new lease on life after the Democrats edged closer to Senate control in Georgia’s runoff elections. Small-cap stocks and banks are winning while the yield curve is steepening as a fresh wave of money gushes…
Read MoreFaang Stocks Step Back as Democrats Advance in Senate
The Faang megacap stocks fell premarket Wednesday after Democrats won one of two seats in Georgia that they need to take control of the U.S. Senate. The other race remains too close to call. A blue sweep of Georgia that…
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