Formula Systems posts 2Q profit
On a per-share basis, the Or Yehuda, Israel-based company said it had profit of less than 1 cent. The information technology company posted revenue of $329.1 million in the period. Formula Systems shares ...
Trump decries monument removals, ‘history ripped apart’
President Donald Trump bitingly decried the rising movement to pull down monuments to Confederate icons Thursday, declaring the nation is seeing "the history and culture of our great country being ...
New API for FleetWave
Low yields are warning Fed to think twice on rate hike – Kaplan
Financial markets are warning of weakness in the U.S. economy, so the Federal Reserve should be "very patient and judicious" as it considers whether to raise interest rates, a policymaker in the Fed's cautious camp said on Thursday. In a speech and press conference, Dallas Fed President Robert Kaplan underscored his concerns about a series of weak inflation readings, saying he wants to see evidence that it would rebound "in the medium term" before he could support another rate hike. "There is no doubt that as the (yield) curve gets flatter and inverted, that is a sign of economic trouble," Kaplan, a voting member of the Fed's policy committee this year, said of the 10-year Treasury yield at 2.2 percent.
This one economic report today is troubling: NYSE trader
Alan Valdes, Director of floor operations at Silverbear Capital, joins Alexis Christoforous from the floor of the New York Stock Exchange to discuss the economic data of the day.
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Minnesota releases review on disputed Enbridge oil pipeline
Minnesota regulators on Thursday released the final environmental review of Enbridge Energy's proposal to replace its aging Line 3 oil pipeline, which carries Canadian tar sands crude across northern Minnesota ...