Faber (Again) Says U.S. Markets on Sinking Ship
U.S. stocks may be touching new highs, but Marc Faber, publisher of the Gloom, Boom & Doom Report, questioned the rally during an interview on the FOX Business Network’s Cavuto: Coast to Coast.
U.S. stocks may be touching new highs, but Marc Faber, publisher of the Gloom, Boom & Doom Report, questioned the rally during an interview on the FOX Business Network’s Cavuto: Coast to Coast.
Bill Shine and Jack Abernathy have been named Co-Presidents of FOX News following the controversial resignation of Roger Ailes.
U.S. stocks were lower on Friday afternoon, a day after closing at record highs, as a set of tepid economic data dampened investor sentiment about the growth of the economy.
The famed fund manager is still picking stocks despite divorcing from his longtime firm.
China needs to reduce its reliance on credit-fueled investment and deal with rising corporate debt and other imbalances while those problems are still manageable, the International Monetary Fund urged in a review of the world's second largest economy.
After over two years of big losses in South America, Ford's chief financial officer said there might be reason to think that things will start to look up soon.
The game maker benefited from higher-margin digital sales in Q1.
Rizvi Traverse Management LLC, managed by secretive investor Suhail Rizvi, has halved its stake in Twitter Inc and increased its holding in mobile payments company Square Inc, regulatory filings showed on Friday.
When considering growth opportunities in strategic imperatives, attractive valuation levels, and generous cash distributions, IBM stock looks like a strong candidate for investors.
Finding a stock worth buying and holding with a dividend yield greater than 6% isn't easy, but Cheniere Energy Partners, BP, and StoneMor Partners look to be solid investments.
U.S. inventories rose moderately in June as sales recorded their biggest increase in nearly 3-1/2 years, suggesting businesses were making progress reducing an inventory overhang that has weighed on economic growth since last year.
Americans gained confidence in the economy this month, a development that could lead them to spend more and propel the economy to stronger growth later this summer. .
U.S. producer prices unexpectedly fell in July on declining costs for services and energy products, pointing to a tame inflation environment that could make it difficult for the Federal Reserve to raise interest rates.
U.S. retail sales were unexpectedly flat in July as Americans cut back on purchases of clothing and other goods, pointing to a moderation in consumer spending that could temper expectations of an acceleration in economic growth in the third quarter.
J.C. Penney reported a smaller-than-expected quarterly loss on Friday, helped by demand for home goods and footwear and a strong performance by the Sephora beauty products shops in its stores.
LeBron James has signed a new contract to remain with his hometown Cleveland Cavaliers for the next three seasons.
Michael Phelps of the United States won the Olympic 200 meters individual medley on Thursday to capture the 22nd gold medal of his career and become the first swimmer to win the same event at four consecutive Games.
Oil prices edged up on Friday, remaining near the previous day's highs, on the prospect of talks by exporters about ways to prop up a market grappling with a supply overhang.
China's blue-chip CSI300 Index ended at a seven-month high on Friday, led by financial and property shares, as disappointing economic data raised the prospect of more government stimulus.
The omnichannel retailer plans to close more stores after an impressive quarter.
Macy's will close nearly 15% of its stores over the next year or so, as it proactively downsizes.
The automotive and industrial products manufacturer is still cutting costs in a tough environment.
Interest rates remain at historically low levels, but they've recovered enough to lift Federated Investors' earnings. Strong growth in its equity assets is helping drive profits up, too.
The discount retailer isn't expected to make money, but a rebound in sales could point the way to future success.
The high-end department store added to big gains on solid results, and the hope that the worst is over for the industry.
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