EconomyLoop
where regional business news becomes global to everyone

Chart analyst sees a troubling similarity between the rise of chip stocks and bitcoin

Analyst Rich Ross is getting bearish, calling to sell semis and spotting disturbing trends in asset classes.... read more

 CNBC51 minutes ago

     
Goldman says there's one major force behind the market's gains this year: ETFs

Exchange-traded funds now own a record share of the U.S. stock market, according to a Goldman analysis of a Fed report.... read more

 CNBC2 hours ago
Soros' son stepping down to set up his own fund

Robert Soros, the son of George Soros, is stepping down from Soros Fund Management to start his own fund.... read more

 CNBC2 hours ago
Buffett's company buys 10 pct of real estate investment firm

Warren Buffett's company is spending $377 million to pick up 9.8 percent of a real estate investment trust called Store Capital... read more

 ABC2 hours ago
Privately, health plan worries Senate bill would 'cause most small employers’ premiums to go up'

The health insurance industry has so far been muted in its criticism of the Republican health care repeal efforts, Vox reports.... read more

 CNBC3 hours ago
BMW adding 1,000 jobs at South Carolina plant

BMW will add another 1,000 jobs and invest $600 million in a South Carolina plant as part of a plan to boost annual production.... read more

 CNBC3 hours ago
Avis teams up with Waymo on self-driving car program

Avis Budget Group is teaming up with Waymo to help support its self-driving car program... read more

 ABC3 hours ago
US stocks move higher in early trading; oil rises

U.S. stock indexes are moving higher in early trading, led by gains in banks and other financial companies... read more

 ABC4 hours ago
Grain higher, livestock mixed

Wheat lower, corn, oats and soybeans higher on the CBOT. Beef lower and pork higher on the CME... read more

 ABC4 hours ago
Time Inc, Barclays to launch Fortune 500 stock indices

Time Inc said it will license its Fortune brand for stock indexes.... read more

 CNBC5 hours ago
Stock markets buoyed by Italian banks rescue but critics say it has killed banking union

Italy's banking stocks led equities higher on Monday as investors reacted positively to the rescue of two failing banks.... read more

 CNBC5 hours ago
Shares of US aluminum company plunge after report it supplied flammable panels to Grenfell Tower

Reuters says emails sent to and by an Arconic manager raised questions about why the company supplied the panels.... read more

 CNBC5 hours ago
Markets Right Now: Tech stocks lead early gains in US

Technology and consumer-focused companies are leading stocks higher in early trading on Wall Street.... read more

 ABC5 hours ago
US core capital goods orders, shipments slip in May

New orders for key U.S.-made capital goods unexpectedly fell in May and shipments also declined, suggesting a loss of momentum in the manufacturing sector.... read more

 CNBC5 hours ago
US durable goods orders fell 1.1 percent in May, most in 18 months

US durable goods orders fell 1.1 percent in May, most in 18 months... read more

 ABC6 hours ago
US durable goods orders fell in May by the most in 18 months

US durable goods orders fell in May by most in 18 months, led by sharp fall in aircraft demand... read more

 ABC6 hours ago
Co-op bank cancels sale process, with US hedge funds potentially injecting new capital

The Co-operative Bank cancels plans to sell itself as talks with existing investors to recapitalize the lender develop.... read more

 CNBC6 hours ago
Financial conditions another reason to tighten Fed policy: NY Fed's Dudley

The recent narrowing of credit spreads, record stock prices, and falling bond yields could encourage the Federal Reserve to continue tightening U.S. policy.... read more

 CNBC6 hours ago
Early movers: WFM, FB, NSRGY, SEAS, P, ARNC, RHT & more

Names on the move ahead of the open.... read more

 CNBC6 hours ago
Ethereum plunges more than 10% as flash crash refund fails to restore confidence in bitcoin rival

Bitcoin rival ethereum dropped despite a major exchange's efforts to shore up confidence... read more

 CNBC6 hours ago
An Arkansas prison inmate recaptured after 32 years

60-year-old was arrested Sunday at a home in Springdale in northwest Arkansas.... read more

 ABC7 hours ago
With New Edition, Chance the Rapper and Xscape, 2017 BET Awards celebrate black excellence

The 2017 BET Awards brought black excellence to the forefront.... read more

 ABC8 hours ago
Slowdown in US inflation due to one-off factors: Fed's Williams

A recent slowdown in U.S. inflation should not prevent further increases in interest rates, a top U.S. central banker said on Monday.... read more

 CNBC8 hours ago
Border Patrol arrests 4 men at medical camp run by aid group

Border Patrol agents swept into a medical camp in the Arizona desert to capture four immigrants, an operation that camp volunteers called a staged military siege as the government has vowed a crackdown along the U.S.-Mexico border... read more

 ABC10 hours ago
Now in Washington, Melania Trump still no social butterfly

Just weeks into full-time residency at White House, first lady Melania Trump remains outside the social whirl of Washington... read more

 ABC11 hours ago
RBS to cut 443 jobs in UK, move many of them to India

British lender Royal Bank of Scotland is planning to cut 443 jobs dealing with business loans and many of them will move to India, the bank said.... read more

 CNBC12 hours ago
Fugitive lawyer says he's fled the US using fake passport

Lawyer is at the center of a nearly $600 million Social Security fraud case.... read more

 ABC12 hours ago
Air bag recalls, lawsuits lead Takata to file for bankruptcy

Japanese air bag maker Takata Corp. files for bankruptcy protection in Tokyo and the U.S., overcome by lawsuits and recall costs... read more

 ABC13 hours ago
Remy Ma beats Nicki Minaj at BET Awards; '90s R&B shines

Remy Ma has ended rival Nicki Minaj's seven-year winning streak at the 2017 BET Awards, a show highlighted by '90s R&B and groups popular in that decade... read more

 ABC13 hours ago
Asian markets higher after Wall Street rebound

Asian stock markets have risen after Wall Street rebounded from losses to end the week higher on stronger oil and gas prices... read more

 ABC13 hours ago
White House 'paying very close attention' to Supreme Court's last decisions of term: Conway

There are rumors of a retirement from the Supreme Court.... read more

 ABC13 hours ago
Fitch downgrades troubled Singapore-listed Noble

Fitch downgraded Noble, as poor liquidity and weak profitability continue to hinder the struggling commodity trader.... read more

 CNBC13 hours ago
'Dancing with the Stars' host Erin Andrews is married

The "Dancing with the Stars" host wed Jarret Stoll.... read more

 ABC14 hours ago
Detroit judge to consider US freeze on Iraqi deportations

Federal judge will hold a hearing Monday on the request by the ACLU.... read more

 ABC14 hours ago
Lakers' Luke Walton: LaVar's claims will initially put pressure on Lonzo Ball

EL SEGUNDO, Calif. -- Moments after the Los Angeles Lakers selected UCLA guard Lonzo Ball with the No. 2 overall pick in Thursday night's NBA draft, Ball's outspoken father, LaVar, made a bold proclamation on national television.? ... read more

 ABC14 hours ago
Asian markets higher after Wall Street rebound

Asian stock markets have risen after Wall Street rebounded from losses to end the week higher on stronger oil and gas prices... read more

 ABC15 hours ago
No royal wants to be king or queen, Prince Harry says

Harry, 32, also spoke to Newsweek magazine about the death of his mother.... read more

 ABC15 hours ago
Family members: Seattle mom killed by police adored her kids

Family members remember a pregnant woman from Seattle who was fatally shot by police as someone who adored her children and always smiled, even when facing obstacles.... read more

 ABC15 hours ago
American tourist robbed, shot in Turks and Caicos is medically evacuated to US

An Alabama man was robbed at gunpoint and shot early Friday while vacationing with his family in Turks and Caicos, police said.... read more

 ABC16 hours ago
Homeless college students a growing concern on campuses

Studies suggest thousands of college students could be considered homeless.... read more

 ABC16 hours ago
Texas mom left kids in hot car as punishment, officials say

Her 2-year-old daughter and 16-month-old son died last month.... read more

 ABC16 hours ago
Italy making $5.8 billion in resources available to keep two banks open

Italy Sunday made $5.8 billion of resources available to keep open two banks the ECB deemed "failing or about to fail."... read more

 CNBC16 hours ago
Science Says: Why some airplanes don't fly in high heat

Triple-digit heat is baking the American Southwest and keeping some planes grounded because of simple physics... read more

 ABC16 hours ago
2 key GOP senators express doubts about Senate health care bill

Sens. Rand Paul and Susan Collins are interviewed on "This Week."... read more

 ABC16 hours ago
Venezuelan opposition lays siege to air base

Another day of anti-government protests in Venezuela's capital.... read more

 ABC17 hours ago
Trump: Not 'that far off' from passing health overhaul

Trump says he doesn't think congressional Republicans are "that far off" on passing a health overhaul to replace "the dead carcass of Obamacare"... read more

 ABC17 hours ago
California father buries wrong man after coroner's mistake

A Southern California man who thought his son had died has learned he buried the wrong man... read more

 ABC17 hours ago
9 dead, 28 missing after tourist boat sinks in Colombia

Authorities in Colombia said a rescue operation is under way.... read more

 ABC17 hours ago
Trumps attend Mnuchin's wedding, officiated by Pence

Other guests included Sean Spicer, Ben Carson and David Shulkin.... read more

 ABC17 hours ago
Kellyanne Conway on Senate health bill: 'These are not cuts to Medicaid'

Kellyanne Conway is interviewed on "This Week."... read more

 ABC17 hours ago