EconomyLoop
where regional business news becomes global to everyone

Correction: Tax Overhaul-Company Spending story

Correction: Tax Overhaul-Company Spending story... read more

 ABC29 minutes ago

     
Funds expert Q&A: Gold is good hedge to volatility in 2018

Despite decent outlooks for the U.S. economy and corporate earnings, gold funds remain a good hedge against the likelihood of heightened market volatility and inflation, according to Tushar Yadava, investment strategist for US iShares at BlackRock.... read more

 ABC7 minutes ago
States to forego most of $650M legal settlement with Takata

States settle Takata legal claims for $650 million but agree not to collect most of it so victims get more money... read more

 ABC7 minutes ago
LendingTree shares drop the most in 2 years after profit misses expectations

Shares of Lending Tree plunged close to 8 percent after it reported fourth-quarter earnings and revenue.... read more

 CNBC21 minutes ago
Toyota, Genesis among Consumer Reports' top auto picks

Toyota and Genesis brands are among Consumer Reports' annual list of top auto picks... read more

 ABC1 hour ago
Toyota, Genesis among Consumer Reports' top auto picks

Toyota and Genesis brands are among Consumer Reports' annual list of top auto picks... read more

 ABC1 hour ago
When rates are popping, JP Morgan and these other Dow stocks win

CNBC used hedge-fund tool Kensho to analyze which stocks have the highest correlation to the bond market.... read more

 CNBC1 hour ago
JP Morgan Chase glitch gave some online users access to others' accounts

Some J.P. Morgan Chase customers were able to access other clients' personal information on Wednesday.... read more

 CNBC1 hour ago
Nearly half of hedge-fund investors think the stock market has peaked

Half of investors think equities have peaked, according to a new report, so they’re turning back to hedge funds.... read more

 CNBC1 hour ago
Long-term US mortgage rates rise for seventh straight week

Long-term US mortgage rates stay near 4-year high; 30-year at 4.40 percent... read more

 ABC3 hours ago
Watch: New York Fed's Dudley speaks on Puerto Rico's economic outlook

The New York Fed President will join a panel of economists to talk about the economic conditions in Puerto Rico and the U.S. Virgin Islands... read more

 CNBC3 hours ago
United Technologies shares rise after CEO says he is thinking of breaking up company into three parts

United Technologies is thinking of splitting up key parts of its business, its chief executive said at a conference.... read more

 CNBC3 hours ago
Iran becomes latest rogue state to develop its own cryptocurrency

Iran is considering the development of its own cryptocurrency, following the footsteps of Venezuela. Both countries are the focus of U.S. sanctions.... read more

 CNBC3 hours ago
So long, free Footlongs: Subway to shake up rewards program

Subway is shaking up its loyalty program, giving customers the ability to earn $2 discounts instead of free Footlongs... read more

 ABC4 hours ago
Technology companies help drive US stocks broadly higher

Technology companies and banks are helping to drive U.S. stocks broadly higher in early trading... read more

 ABC4 hours ago
Long-term mortgage rates climb to 4.40 percent

Average 30-year mortgage rate is near a 4-year peak... read more

 ABC4 hours ago
Bitcoin drops below $10,000 again, hitting lowest in a week

The cryptocurrency fell below the psychologically key level, failing the latest attempt to recover from a sharp sell-off in the last several weeks.... read more

 CNBC4 hours ago
Markets Right Now: Stocks open higher on Wall Street

Stocks are opening higher on Wall Street following a late sell-off in the market a day earlier. Technology companies and banks rose the most... read more

 ABC4 hours ago
Ford names Lincoln chief to replace ousted N. American head

Ford Motor Co. has appointed the head of the Lincoln brand to replace the president for North America who was ousted Wednesday over allegations of inappropriate behavior... read more

 ABC5 hours ago
The big one hasn't hit yet — why this bear sees the February correction as foreshock

Former Prudent Bear Fund manager David Tice sees stocks falling 20 to 25 percent this year.... read more

 CNBC6 hours ago
Trump’s economic vision ignores immigrants, but it will need their labor

The immigration proposal favored by Trump would shrink the labor supply and the economy's long-term growth potential.... read more

 CNBC7 hours ago
Don’t expect a ‘global takeover’ story from Amazon, economist says

Amazon's retail market share was seen to be a main factor causing a decline in Walmart's gross margins when the corporation posted earnings Tuesday.... read more

 CNBC7 hours ago
Cheesecake Factory meets its fourth-quarter profit forecasts

The Cheesecake Factory reported fourth-quarter earnings of $57.7 million, matching analysts' expectations.... read more

 CNBC7 hours ago
Markets are getting it wrong on rising inflation, economist warns

Market participants have distorted inflation expectations, an economist told CNBC Thursday.... read more

 CNBC8 hours ago
Fed's Bullard warns that too many rate hikes this year could slow the economy too much

Central bankers need to follow the economy, which is showing strength but still little inflation, says St. Louis Fed President James Bullard.... read more

 CNBC8 hours ago
Barclays CEO Jes Staley has 'no plans to leave' despite whistleblower investigation

Barclays CEO Jes Staley has no plans to leave the British bank despite an ongoing investigation by regulators.... read more

 CNBC10 hours ago
Goldman Sachs sees a greater than 95% chance of a Fed rate hike in March

Goldman Sachs is all but certain the Federal Reserve will hike interest rates next month.... read more

 CNBC10 hours ago
Barclays falls to a $2.7 billion net loss in 2017 after US tax hit

... read more

 CNBC11 hours ago
Asian stocks lower after Fed report renews bond yield fears

Asian stock indexes track Wall Street decline as Fed report rekindles fears of inflation, rising bond yields... read more

 ABC12 hours ago
Fed's Quarles pushes for gradual rate hikes, review of crisis-era bank regulations

Inflation running slightly below target shouldn't deter the Fed from raising interest rates, Fed Governor Randal Quarles said in a speech.... read more

 CNBC13 hours ago
Australia's banknotes may be the most advanced in the world

The Australian dollar is made of polymer, which makes it highly durable and difficult to replicate.... read more

 CNBC16 hours ago
British lawmakers launch inquiry into cryptocurrencies

British lawmakers said they are launching an inquiry into digital currencies... read more

 CNBC17 hours ago
Business Highlights

Business Highlights... read more

 ABC18 hours ago
How major US stock indexes fared Wednesday

A late-afternoon sell-off pulled U.S. stocks broadly lower Wednesday for the second straight day. Stocks gave up their early gains following a spike in bond yields... read more

 ABC21 hours ago
JP Morgan’s David Kelly expects four rate hikes in 2018: ‘The Fed is more hawkish today'

The Federal Reserve is more hawkish now than it was during its January meeting, David Kelly says.... read more

 CNBC21 hours ago
SEC charges former bitcoin exchange and its founder with fraud

The Securities and Exchange Commission says BitFunder was an unregistered securities exchange that defrauded users... read more

 CNBC21 hours ago
Advance Auto Parts and Alphabet rise; Devon Energy drops

Advance Auto Parts and Alphabet climb while Devon Energy and Tile Shop Holdings stumble... read more

 ABC21 hours ago
Ford ousts top exec over 'inappropriate behavior'

Ford has ousted one of its top executives over allegations of unspecified inappropriate behavior... read more

 ABC22 hours ago
JP Morgan’s ‘branch warfare’ to beat up on Wells, support 19% stock surge: Morgan Stanley

J.P. Morgan's expansion into new markets will spark a war with other big banks it doesn't plan on losing, according to Morgan Stanley.... read more

 CNBC23 hours ago
Fed minutes: All signs pointing to more rate hikes ahead

Fed officials see increased growth and an uptick in inflation as justification to continue gradual rate hikes.... read more

 CNBC23 hours ago
The crypto craze is here to stay — now it’s even being taught in high school

Cryptocurrencies are being integrated in all levels of education. Here's how that’s changing the employment landscape.... read more

 CNBCYesterday
Fed officials: Stronger economy boosts chance for rate hikes

Fed officials in January felt rising growth prospects boosted chances for more rate hikes... read more

 ABCYesterday
Greenlight Capital's David Einhorn says hedge fund has 'never underperformed like this'

David Einhorn's Greenlight Capital suffered its worst performance ever relative to the S&P 500 in January.... read more

 CNBCYesterday
Cryptocurrency exchanges add new tech to speed up bitcoin transactions by 20%

Two cryptocurrency exchanges are looking to make bitcoin transactions faster and cheaper with a new software update called SegWit.... read more

 CNBCYesterday
Twitter, Snap will grow at the expense of Facebook, analyst predicts

Twitter and Snap are more attractive now that Facebook is no longer the "only game in town" for advertisers, GBH Insights said Wednesday.... read more

 CNBCYesterday
Homeownership is increasingly for the wealthy

A severe shortage of affordable homes for sale caused a sharp and unexpected drop in January closings.... read more

 CNBCYesterday
Fast food is coming to your doorstep, but it can cost more

It's never been easier to get burgers, burritos and other items from fast-food chains delivered to your doorstep, but the convenience can hurt your wallet... read more

 ABCYesterday
Money an issue as many businesses don't give caregiver leave

Paid time off to care for ill family members is a benefit many workers want but that's hard to come by, especially at very small companies... read more

 ABCYesterday
Tinder user growth to halve, JP Morgan downgrades Match Group

As Tinder user growth halves, parent Match Group's stock rally could halt, according to J.P. Morgan.... read more

 CNBCYesterday
Market awaits first Fed report after Yellen's handoff to Powell

First up for the new central bank chief is how the market reacts to details from Janet Yellen's last meeting.... read more

 CNBCYesterday