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Fischer Signals 2016 Rate Hike With Economy Nearing Fed Goals

Federal Reserve Vice Chairman Stanley Fischer signaled that a 2016 rate hike is still under consideration, saying the U.S. economy is already close to meeting...

ES Morning Update August 24th 2016

Yesterday I gave odds of a pullback after a double top at 80% as the market rarely pushes straight through on the first hit, and...

Lord Rothschild: World seeing “greatest monetary policy experiment in history”

Low interest rates, negative yields on government debt and quantitative easing are part of the biggest financial experiment in world history, and the consequences are...

Clinton Foundation should stop accepting funds

In 2014, Chelsea Clinton, left, cohosted a Clinton Foundation event called “Girls: A No Ceilings Conversation,” with her mother, Hillary Clinton. ALTHOUGH THE CHARITY founded...

Delphi, Mobileye to offer driverless car system in 2019 – The Detroit News

Delphi Automotive PLC and Mobileye NV on Tuesday announced plans to jointly develop a fully autonomous vehicle system that the suppliers expect will be ready...

Why Fed won’t hike interest rates until after the elections

Statements by U.S. Federal Reserve officials about the timing of next policy moves are part of the holding pattern until presidential elections on November 8....

ES Morning Update August 23rd 2016

Ok, here we are again... trying to tag 2200 on yet another rally attempt.  This could drag out until the Jackson Hole meeting this Friday...

Bill Gates’ net worth hits $90B, proving Thomas Piketty’s point

When Thomas Piketty published his 2013 book Capital in the 21st Century, he said that capitalism's primary beneficiaries aren't those who make amazing things that...

Congress Presses Pharmaceutical Company to Explain Surge in Cost of EpiPen

It’s back-to-school time — as well as campaign season — and lawmakers are becoming increasingly focused on the growing cost of pens: EpiPens, that is....

ES Morning Update August 22nd 2016

Futures are still stuck in a sideways trading range as nothing has changed.  We've been in this range since August 5th and in another range...