Trump administration asks top investor for advice on markets amid wild ride for stocks
The administration, which has judged Trump’s success in part on stock market performance, is “determined” to boost equities, the sources said.
Forget this market comeback: The real test happens two weeks from now
This week’s wild swings on Wall Street mean little to some market players, who look past the huge bounce in stocks and are ready to zero in on the earnings season that kicks off in the second week of January.
Tesla adds Larry Ellison to its board
Tesla beefs up its board with executives from Oracle and Walgreens to reassure investors.
Amid chaos, next Pentagon chief Shanahan brings his corporate style to America’s largest bureaucracy
Shanahan’s ascension comes as Trump has pulled the United States back from global commitments and pushed forward on ambitious projects like the denuclearization of North Korea, unsettling allies as well as experts.
China’s stock drop this year reduces bubble worries, central bank official says
The Shanghai composite ended the year Friday at 2,493.9, down nearly 25 percent for 2018 in its worst year since 2008.
Jim Paulsen is bullish on stocks again and says it’s time to ‘buy the dips’
The market is likely to remain highly volatile, but the economy is unlikely to fall into a recession and that makes it a good time to “buy the dips,” the Leuthold chief investment strategist said.
Russia dashes plans to make its oil market alliance with OPEC permanent
Russian Energy Minister Alexander Novak on Friday poured cold water on long-simmering plans to institutionalize Moscow’s alliance with OPEC and other oil producers.
Payoneer CEO: Why a single global currency (like bitcoin) won’t happen
It’s not realistic, and Payoneer CEO Scott Galit doesn’t see it happening anytime soon.
Tesla names Larry Ellison and Kathleen Wilson-Thompson to board after SEC settlement
Tesla’s board has historically been tightly linked to its CEO and includes, among others, his brother Kimbal Musk.
British music retailer HMV reportedly set to enter administration
The retailer was previously rescued from complete collapse in 2013.