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Stocks are getting pummeled (SPY, SPX, DJI, IXIC)
Stocks are down sharply in trading on Thursday.The yen and US Treasurys see strong demand when investors want to park their money in a place that's considered safe. And they are both rallying.Near...
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The best beer from every state
There's nothing like a crisp, cold glass of beer when you're ready to unwind, and every state has brews that stand out above the rest. In honor of National Beer Day, we've put together a list of the...
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Tesla says it just made car history (TSLA)
Tesla announced on Thursday that it has taken more than 325,000 pre-orders for its mass market Model 3 sedan.Tesla's announcement — made through a post on the company's blog— comes just one week after...
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Tesla says gets over 325,000 reservations for new Model 3 sedan
(Reuters) - Electric car maker Tesla Inc said on Thursday it has received more than 325,000 reservations for its new Model 3 sedan.The reservations, which can be can be done by paying a refundable...
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JPMorgan is swimming against the tide
JPMorgan is not afraid to invest where others won't.Right now, for example, the firm is hiring senior bankers in "underpenetrated" sectors, including tech, healthcare, and China.It's also making...
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Chinese politicians are about to undergo a creepy year-long Marxist...
Chinese President Xi Jinping has declared that for the next year, all Chinese officials in the Chinese Communist Party (so, everyone) will go through an education campaign, according tostate media...
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Here's what Wall Street and Washington think about the government's new rule...
On Wednesday, the Department of Labor unveiled a watered-down version of a long-awaited new rule that raises investment-advice standards for retirement accounts.The DOL regulation is an attempt to...
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The Killers are going to give a private concert at the hedge fund conference...
Every May, more than 1,200 hedge funders head to Las Vegas for the Skybridge Alternatives Conference (SALT) hosted by Anthony Scaramucci. The conference features panels top investors as well keynotes...
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The average Manhattan wedding costs $20,000 more than anywhere else in the US
If you're looking to get married in the Big Apple, get ready to shell out — it'll cost an average of $82,299, according to a recent report by wedding website The Knot.Getting married on the island of...
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Amazon is considering trying to conquer a new frontier (AMZN)
This story was delivered to BI Intelligence "Payments Industry Insider" subscribers. To learn more and subscribe, please click here.Amazon could soon become a player in the fintech space.The e-commerce...
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The best watches you can buy on any budget
For the uninitiated, watches can be pretty intimidating.Quartz or mechanical? Simple or complicated? Cheap or expensive? It doesn't really matter — the most important thing is that you wear one.Our...
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Boeing CEO says sales at risk due to U.S. Ex-Im paralysis
By Alwyn Scott(Reuters) - Boeing Co is on the verge of losing sales due to the lack of a quorum on the U.S. Export-Import Bank, a situation that prevents it from providing financing for sizeable...
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RANKED: Here's how Wall Street's biggest players stack up against each other...
It's going to warm up (eventually) and that means Wall Street will start leaving the trading floor for the golf course in the afternoons. For right now, though, we expect they'll start switching the...
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GM design chief retiring; company veteran named as replacement
DETROIT (Reuters) - General Motors Co's chief global vehicle designer, Ed Welburn, will retire on July 1 and be replaced by 33-year company veteran Michael Simcoe, the automaker announced on...
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Here's exactly how many days before a big event you should get a haircut
Situation: You've got a wedding, gala, or other similar event coming up on Friday, and it's the beginning of the week. You look in the mirror and see that your hair is dangerously overgrown.You must...
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How to buy a pair of dress shoes that will never go out of style
Every man must have a pair of dress shoes.That is, unless they want to show up to the office, or to a wedding, or to whatever special event, looking like the lovable side kick in a romantic comedy.You...
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Italy could give its banking system a shot in the arm and shares went crazy
Italian banking stocks went crazy on Friday — leading Italy's benchmark FTSE MIB index higher — after reports that the Italian government could step in to shore up the country's banking sector.Banks in...
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Taco Bell announces TacoBot to let you order right from your desk at work
This story was delivered to BI Intelligence "Payments Industry Insider" subscribers. To learn more and subscribe, please click here.Have you ever sat at your desk and wished you could have a Taco Bell...
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It looks like the US economy almost shrank in the first quarter
More economists are forecasting that the US economy nearly shrank in the first quarter.On Friday, the Commerce Department released data on February wholesale inventories, which showed that they fell by...
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Goldman Sachs pays CEO Blankfein $22.6 million for 2015
(Reuters) - Goldman Sachs Group Inc paid Chief Executive Lloyd Blankfein $22.6 million for 2015, according to a regulatory filing on Friday, marking his first pay decline in four years.Blankfein...
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