Los Angeles Police Department commander Cory Palka stands among several destroyed police cars as one explodes while on fire during a protest over the death of George Floyd, Saturday, May 30, 2020, in Los Angeles.Mark…
Sentiment Speaks: Central Banks Control Nothing
Shutterstock photoMany believe in the Fed/PPT's OmnipotenceThe thickness of intellectual dishonesty amongst pundits and analysts in this stock market needs a power-saw to be cut through. And nothing presents this perspective more clearly than the…
The week in stocks ahead
Unemployment rate at lowest in 10 years1. Jobs report: On Friday, the Labor Department will reveal how many jobs were added in May. A strong report could bolster the case for another interest rate hike.…
Disney Earnings Give a Look at How ESPN…
When most people think of Walt Disney (NYSE: DIS) , they picture Mickey Mouse in front of the Magic Kingdom. When Wall Street analysts think of Disney, they might be more focused on ESPN's SportsCenter.…
Britain's Heathrow says BA still experiencing some disruptions,…
London's Heathrow Airport said early on Monday that there were still some disruptions to British Airways flights from the airport following a global computer system failure at the airline.The airline resumed some flights from Britain's…
Why I Won't Go Near Brick-and-Mortar Apparel Stocks…
Last week, investors experienced a violent sell-off  for many department-store apparel retailers after some companies posted earnings. Macy's (NYSE: M) , Kohl's , Nordstrom (NYSE: JWN) , J.C. Penney (NYSE: JCP) , Sears , and…
This bank is betting that boat racing will…
Singapore-based bank DBS is hoping an aquatic event can help it ride the millennial wave.The bank is marketing directly to that generation — often defined as those aged 18 to 35 — for a regatta…
Punj Lloyd jumps over 5% post Q4 numbers
NEW DELHI: Shares of infrastructure major Punj Lloyd jumped over 5 per cent in Monday’s trade after the company said its losses for the fourth quarter narrowed to Rs 181.58 crore. The company had posted…
Top Trump aide: Coal doesn't make 'much sense…
Can coal make a comeback under President Trump?President Trump has painted himself as the savior of America's coal industry and the countless miners who have been crushed by its demise. "For those miners, get ready…