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Law enforcement investigating potential threat aboard container ship at Port of Charleston

Scott Eisen | Getty Images U.S. Coast Guard boats patrol Boston Harbor on January 6, 2015 in Boston, Massachusetts. The U.S. Coast Guard investigated and then cleared a potential threat aboard the container ship, Maersk Memphis, at the Port of Charleston in South Carolina, authorities said Thursday. The Maersk Memphis, …

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Federal judge wants Army Corps of engineers to redo part of analysis for Dakota Access pipeline

Getty Images Protesters march during a demonstration against the Dakota Access Pipeline on March 10, 2017 in Washington, DC. A federal judge has handed a lifeline to efforts to block the Dakota Access pipeline. U.S. District Judge James Boasberg ruled Wednesday that the Army Corps of Engineers didn’t adequately consider …

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P&G finance chief Jon Moeller to add vice chairman title July 1

Andrew Harrer | Bloomberg | Getty Images File photo of Jon Moeller, chief financial officer of Procter & Gamble Co.,left and Jay Rasulo, chief financial officer of Walt Disney Co. in 2011. Procter & Gamble said Jon Moeller, its chief financial officer, will add the title of vice chairman, effective …

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The Fed maintains 2017, 2018 rate forecast

Andrew Harrer | Bloomberg | Getty Images Janet Yellen, chair of the U.S. Federal Reserve. The Federal Reserve said Wednesday that it still sees the federal funds rate at 1.4 percent by the end of 2017, unchanged from its March forecast. The U.S. central bank also maintained its 2018 projection, …

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Trader uses ‘iron condor’ trade to cash in on Microsoft

As shares of Microsoft, along with its other big tech peers, recovered after a notable two-day losing streak, one trader is making a unique bet on the tech giant settling into a trading range ahead of its quarterly earnings report in July. By using a type of options trade called …

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US crude plunges to 5-week low, threatening technical breakdown

Oil prices threatened to fall through key technical levels on Wednesday after the government issued a bearish report on U.S. fuel stockpiles. U.S. West Texas Intermediate crude futures fell nearly 4 percent, plunging to a five-week low below $45 a barrel, following the report. WTI last traded at $44.64, within …

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Wall Street may be expecting too much from Starbucks

Jason Redmond | AFP | Getty Images Kevin Johnson of Starbucks speaks at the Annual Meeting of Shareholders at McCaw Hall in Seattle, Washington. Shares of Starbucks fell less than 1 percent on Wednesday after a Wedbush analyst dimmed his view of the coffee chain and downgraded the stock, citing …

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Gold just spiked higher after weak economic data, DC shooting

Gold futures spiked higher suddenly Wednesday morning after reports raised concerns about the state of the economy. A shooting near the nation’s capital involving members of Congress also added to fears, sending investors into the safe haven trade. U.S. gold futures for August delivery traded about 0.9 percent higher near …

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US Consumer Price Index fall 0.1% in May vs 0.2% increase expected

Patrick T. Fallon | Bloomberg | Getty Images A cashier completes a purchase at a Walmart store in Burbank, California. Consumer prices declined in May, reflecting a big drop in energy prices and smaller declines in a number of other areas. It was the second monthly decline in the past …

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White House spokeswoman says Trump has ‘no intention’ to fire special counsel Mueller

Kevin Lamarque | Reuters President Donald Trump boards Air Force One as he departs Joint Base Andrews in Maryland, June 13, 2017. President Donald Trump has “no intention” of firing special counsel Robert Mueller, a White House spokeswoman told reporters on Tuesday. “While the president has the right to, he …

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