Industry News

03/08/2018 - Currencies: Dollar holds gains as Trump announces tariffs
The U.S. dollar held gains against most of its rivals Thursday, after President Donald Trump formally announced tariffs on steel and aluminum imports. U.S. trade partners Canada and Mexico will be exempted from the levies for now, leading their currencies to strengthen.
03/08/2018 - Market Extra: Here’s what analysts are looking for in the BOJ policy update
Foreign exchange traders are looking for careful words from the Bank of Japan in its policy decision on Friday, as the central bank is struggling to straddle a seeming desire to end quantitative easing and protecting its equity market from a strong yen.
03/08/2018 - NewsWatch: The best sector of this bull market is the ‘greatest investment story ever told’
While the strategy of investing in internet-related companies will likely always be first associated with the dot-com era, the past decade has proved to be just as strong a period for the sector that has now influenced nearly every aspect of the economy.
03/08/2018 - The Wall Street Journal: U.K. condemns ‘brazen’ poisoning of former Russian spy
British Home Secretary Amber Rudd said the U.K. would be ready to respond to the attempted murder of a Russian double agent living in Britain if it was attributed to Moscow, describing the use of a nerve agent on U.K. soil as a “brazen and reckless act.”
03/08/2018 - Companies with women executives can help you do better in the stock market
Women are more likely to practice five of the nine management behaviors that McKinsey & Co. thinks are key to a company’s success.
03/08/2018 - Market Snapshot: Stock market ends higher as Trump signs tariffs, but spares Canada, Mexico
The stock market finishes higher and the Nasdaq extended its winning streak for a fifth session Thursday as investors digested the news that President Donald Trump signed a decree that will impose tariffs of 25% on imported steel and 10% on aluminum which many see as the first salvo in a global trade war.
03/08/2018 - Trump Today: Trump Today: Citing William McKinley and Elon Musk, president rolls out steel tariffs
President Donald Trump on Thursday unveiled steel and aluminum tariffs as he said departing economic adviser Gary Cohn could return to the administration and met with video-game makers about gun violence.
03/08/2018 - Capitol Report: Here are the details on Trump’s tariffs on steel and aluminum
President Donald Trump is moving ahead with tariffs on steel and aluminum, bucking many members of his own party as he seeks to reinvigorate U.S. industry and protect national security. Here are the details of what Trump is ordering.
03/08/2018 - Personal Finance Daily: Hush agreements and a credit card that will give rewards in bitcoin
Thursday’s top personal finance stories
03/08/2018 - Rex Nutting: With tariffs, Trump finally becomes the rogue president he said he’d be
Establishment Republicans thought they had Trump under control, but now he’s broken free of his rusty cage, writes Rex Nutting.
03/08/2018 - Key Words: ‘Black Swan’ author: The failure of Goldman Sachs would be ‘the best thing
Back in 2009, in the wake of the financial crisis, Rolling Stone’s Matt Taibbi famously called Goldman Sachs “a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.” Fast forward nearly a decade and it seems Nassim Taleb would agree.
03/08/2018 - Economic Report: Mortgage rates clock a ninth straight weekly gain
Rates for home loans rose again, touching the highest since January 2014 amid a bond sell-off and increasing concerns about how the housing market will fare in the face of lopsided supply.
03/08/2018 - Futures Movers: Oil falls with U.S. output climb pushing prices to a more than 3-week low
Oil log a second straight session of declines on Thursday, as continued gains in U.S. crude production push prices to their lowest finish in more than three weeks.
03/08/2018 - Capitol Report: Why a special House election in a district Trump easily won is seen as a referendum
If Republican Rick Saccone loses in next week’s special House election in Pennsylvania, another man could wind up sharing the blame: President Donald Trump.
03/08/2018 - Key Words: Elon Musk to Trump on tariffs: an ‘Olympic race wearing lead shoes’
Tesla CEO tweets at Donald Trump to say he’s against import duties and sees unfair competition with China.
03/08/2018 - Howard Gold's No-Nonsense Investing: Here’s why you shouldn’t give up on the bull market in stocks as its path gets rockier
Sam Stovall tells Howard Gold that the next two quarters are usually the weakest in the stock market’s four-year presidential election cycle.
03/08/2018 - Jeff Reeves's Strength in Numbers: 5 major social issues where big U.S. businesses are leading change
Corporate America has no choice but to tackle controversies Congress avoids
03/08/2018 - Google is celebrating International Women’s Day with a new feminist feature
Want to shop at a local women-led business? There’s now a way to do that.
03/08/2018 - Market Extra: 5 takeaways from the ECB’s tiny step toward a QE exit
European Central Bank President Mario Draghi pulls off a verbal tightrope act, unexpectedly moving a step closer to ending quantitative easing but soothing investor worries.
03/08/2018 - Market Extra: Men make up 90% of portfolio managers, but not because they’re good at their jobs
Wall Street is dominated by men, but it’s not because they’re inherently better investors.