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Monthly Archives: February 2018

Trump news: Black unemployment gets worse

Richard Levine | Corbis | Getty Images Job seekers attend the CUNY Big Apple Job and Internship Fair at the Jacob Javits Convention Center in New York. For the average American, the nearly eight-year-old recovery in the job market continues to make it easier to find steady work with a …

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Bitcoin price drops below $8,000 for first time since November 24

Bitcoin’s price dipped below $8,000 for the first time in 11 weeks in the midst of a broader cryptocurrency sell-off. The volatile digital asset fell as low as $7,695.10 on Friday according to CoinDesk, marking the first time it has fallen below the $8,000 level since November 24. CoinDesk’s bitcoin …

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Winter may be the best time to rent an apartment

Spring and summer are typically a hot time in the housing market. But if you’re flexible and looking to rent, shifting your search to cooler months can help you score a deal. A recent study from apartment listing site RentHop found that renters could potentially save hundreds of dollars a …

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P&G and these other Dow stocks go down the least in a sell-off

During periods of broad market decline and rising volatility, some consumer companies in the Dow Jones industrial average can be safety plays, according to CNBC analysis using Kensho. CNBC found that stocks such as Procter & Gamble and McDonald’s held up the best when the Cboe Volatility index (VIX) — …

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The charts are making a strong case for Tesla heading into earnings

Tesla is set to report earnings Wednesday, and TradingAnalysis.com founder Todd Gordon says the charts are making a strong bullish case for the stock going into the event. “Tesla’s looking very good heading into earnings on Feb. 7,” the trader said Friday on CNBC’s “Trading Nation.” “I like the technical …

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House releases hotly contested memo. Here’s what it claims

Evan Vucci | AP President Donald Trump speaks with reporters about allowing the release of a secret memo on the F.B.I.’s role in the Russia inquiry, during a meeting with North Korean defectors in the Oval Office of the White House, Friday, Feb. 2, 2018, in Washington. President Donald Trump …

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Sony Q3 earnings raises profit and guidance

Tomohiro Ohsumi | Getty Images Sony Corp. CEO Kazuo Hirai speaks during a press conference on June 29, 2016 in Tokyo, Japan. Japan’s Sony on Friday reported a nearly four-fold jump in third-quarter operating profit on growing demand for its image sensors, and raised its full-year earnings outlook. The electronics …

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Here’s the jobs are – in one chart

The health care, construction, and hospitality industries lead the economy’s big job gains over the past month. The U.S. economy created 200,000 jobs in January, topping Wall Street expectations of 180,000. As always, there are industries that performed better than others in terms of employment growth. Here are the net …

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Trump created a ‘low bar environment’ and it may be a clever strategy

Win McNamee | Bloomberg | Getty Images President Donald Trump applauds while delivering a State of the Union address to a joint session of Congress at the U.S. Capitol in Washington, D.C., U.S., on Tuesday, Jan. 30, 2018. Donald Trump’s brash approach to the presidency is something that his fans …

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Here’s what Wall Street analysts thought of Apple’s earnings report

Daniel Acker | Bloomberg | Getty Images An employee assists a customer who purchased four Apple Inc. iPhone X smartphones during the sales launch at a store in Chicago. Wall Street is buzzing over what Apple’s latest financial results and poor iPhone sales numbers mean for the stock. Apple reported …

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