Today marks exactly one year since Donald Trump was elected president and upended the D.C. establishment. And for the Dow industrials, that’s meant the largest post-Election Day gain since 1945 (more below on that). Hopes that Trump will bring in tax reforms have been a big driver, but signs that...
IMAGINE LOGGING ONTO your checking account and seeing that you now also have a second account stocked with an equal amount of a newly created currency. It could happen this morning to many people who hold cryptocurrency bitcoin. Not long after 8am EDT, a new currency called Bitcoin Cash is...
Bespoke Investment Group: ‘The stuff going on with Initial Coin Offerings is ridiculous’ As a heated debate rages over whether bitcoin is real money or not, the cryptocurrency has defied the naysayers to surge above $8,300 this week. Yet bitcoin’s BTCUSD, +0.45%   very effervescence is undermining its credibility with investors who are leery of...
Morgan Stanley argues that the market has adjusted for Starbucks' slowed growth rate.  Shares of Starbucks ( SBUX) were climbing over 2% during Tuesday morning trading after Morgan Stanley noted that the stock, whose shares are lower over 11% the past three months, could be ready for a rebound. "While investors continue...
The century-long interplay between technology and retail suggests Walmart is screwed. Its efforts to morph into an online retailer by buying Bonobos and Jet.com will end up making the company seem like Michael Jordan playing baseball—what made it great at one thing doesn’t translate to another. At the same time,...
The Dow carried another new high through the closing bell on Monday. Apple (AAPL) and JPMorgan (JPM) led the half-dozen blue chips striding to powerful gains during the session. The Dow Jones industrial average ended 0.4% higher to end just a fraction below the 23,000 mark; it just passed 22,000 in mid-September. The Nasdaq...
Stocks turned higher on Wednesday, Aug. 30, as an improvement in second-quarter economic growth and a large increase in private payrolls supported confidence in the U.S. economy.  The Dow Jones Industrial Average added 0.03%, the S&P 500 gained 0.12%, and the Nasdaq added 0.4%. The second estimate of second-quarter economic growth in the...
Amid problems across the United States, popular country band Rascal Flatts won't bring a proposed namesake restaurant and bar to The Arboretum of South Barrington and is distancing itself from the developer behind the eatery. "Rascal Flatts licensed use of their name, image and logo to the restaurant developer and...
Join TheStreet's chief retirement columnist Robert Powell on April 6 in New York as he hosts more than a dozen top retirement-planning experts at our first-ever Retirement, Taxes & Income Strategies Symposium. "Just 17% percent of workers are very confident about having a financially secure retirement," said Powell, who also is the editor of TheStreet's...
U.S. equities rose at the opening bell on Tuesday, following a round of better than expected corporate earnings. The S&P 500 SPX, +0.32% rose 0.3% to 2,914. The Dow Jones Industrial Average DJIA, +0.49% advanced 135 points, or 0.5%, to 26,520. The Nasdaq Composite COMP, +0.28% was up 0.3% to 8,002. All three benchmarks are inching closer to...