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BILLIONAIRE: Tanking stock prices will scare CEOs, and they'll start firing...
One of the fun things about the World Economic Forum in Davos, Switzerland, is that you can just hang out in a lounge and wait for interesting people to wander by.Some of the interesting people who...
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MasterCard on blockchain: 'We don't want to be blindsided'
Blockchain, the technology that underpins bitcoin, is one of the most exciting areas of technology at the moment.It has the potential to strip out huge amounts of administrative costs, and companies...
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RAY DALIO: There is no longer any engine to drive global growth
Ray Dalio, the leader of the world's largest hedge fund, Bridgewater Associates, is worried about growth in the global economy.As he sees it, there is no "locomotive" to drive growth.For the past few...
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ECB set to take cautious stance as markets tumble
By Francesco Canepa and John O'DonnellFRANKFURT (Reuters) - The European Central Bank is likely to keep interest rates on hold when its policymakers meet on Thursday, even as a market crash, tumbling...
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Goldman Sachs and JPMorgan are squaring up against hedge funds in the fight...
Goldman Sachs and JPMorgan are pouring cash into the campaign group fighting to keep Britain in Europe, ahead of a referendum on the issue that could come as soon as this summer.Sky News reported on...
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Deloitte chairman David Cruickshank has a secret for keeping millennials...
Millennials — the 18-34 age demographic — are a whole different breed of employees and if we don't understand how to retain them at work, they can make or break a workforce.That's what Deloitte’s...
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The 36 best European economists to follow on Twitter
Keeping up with the latest developments in economics — whether it's what's happening with QE in the Eurozone, chatter about Mark Carney raising interest rates, or where the next financial crisis is...
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10 things you need to know before the opening bell (DIA, SPX, SPY, QQQ, IWM,...
Before markets open on Thursday here's what you need to know.The ECB meets. The European Central Bank is expected to hold its key interest rate at 0.05%. Traders will be watching Mario Draghi's news...
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Here's a super quick guide to what traders are talking about right now (SPY,...
From Dave Lutz at JonesTrading, here's a quick guide to what traders are talking about early on Thursday:Good Morning! US Futures are giving back some of yesterday’s afternoon rally – with the...
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Stock futures fall; crude oil prices hold steady
By Abhiram Nandakumar(Reuters) - U.S. stock index futures dropped on Thursday, indicating there would be little respite from this year's selloff, sparked by a steep drop in oil prices and growing fears...
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ECB HOLDS
The European Central Bank (ECB) just left its deposit rate untouched at -0.30%, against a background of high volatility in financial markets right now.It means any banks that want to deposit cash with...
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United Continental quarterly profit misses expectations
(Reuters) - United Continental Holdings Inc on Thursday reported fourth-quarter profit that was below analysts' expectations.United, the second-largest U.S. airline by capacity, earned $823 million in...
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United to buy 40 Boeing jets in blow to Bombardier CSeries
(Reuters) - United Airlines said on Thursday it will buy 40 single-aisle jets from Boeing Co in a blow to smaller rival Bombardier Inc , which has sought a major customer to give momentum to its...
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Draghi speaks...
Marketeers around the world are listening to ECB president Mario Draghi speak in public for the first time in over a month.Draghi is giving a press conference following the ECB's monthly interest rate...
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The ruble plunged to a record low
The Russian ruble just hit a record low against the dollar for the second day in a row, and is on its way to the steepest two-decline in nine months.On Thursday, the Russian currency dropped as low as...
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Initial jobless claims unexpectedly surge
Initial jobless claims unexpectedly surged last week, climbing by 10,000 to 293,000.Economists had estimated that claims totaled 278,000, but the number of first-time claims for unemployment insurance...
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The Philly Fed's outlook for manufacturing just fell to a 3-year low (DIA,...
Manufacturing activity contracted less than expected in January according to the latest survey from the Philadelphia Federal Reserve. The Philly Fed manufacturing index came in at -3.5, better than...
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U.S. jobless claims rise to six-month high
WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits rose to a six-month high last week, suggesting some loss of momentum in the labor market amid a sharp economic slowdown...
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The euro is getting crushed (EUR, USD)
The euro is sliding against the US dollar.This morning, the European Central Bank released its latest monetary-policy statement, leaving its deposit rate unchanged as expected, at -0.30%.After ECB...
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The Concorde made its first supersonic passenger flight 40 years ago — here's...
On the morning of January 21, 1976, a pair of Concordes — one each from British Airways and Air France —took off simultaneously on what would be the aircraft's first commercial supersonic flights with...
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