Page 48 - Cornerstone Macro News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Strategists said heightened regulatory pressure as well as its technical picture are pointing to more wild trading ahead.

By Veronica Fulton, Research Analyst – GLOBALT Investments The labor market delivered a disappointing jobs number for the month of April with only 266,000 gains – a little over a quarter of the one million jobs forecasted. Adding fuel to the fire, the unemployment rate rose to 6.1%. The labor force participation rate increased to 61.7%, but this number is still near its lowest level since 1977. With such abysmal numbers, one might expect a correction or, at the bare minimum, a reaction reflecting investors’ dismay. Instead, the market not only shrugged, but smirked, with the 10-year yi...

About a quarter of bitcoin’s value has been wiped away in the span of a week, in part thanks to headspinning tweets from Elon Musk.

On CNBC's "Options Action," Mike Khouw suggested that traders should consider a bullish options trade in Macy's Inc (NYSE: M). He said ...

U.S. Inflation Surges to 13-Year High of 4.2% U.S. inflation surged to its highest rate since the eve of the 2008 financial crisis in April, as last year’s collapse in oil prices and a nascent economic recovery combined to generate the kind of number that many market participants have feared. Get this, they EXCLUDE FOOD AND ENERGY PRICES. Everything is driven by energy so the inflation index, as bad as it is, is actually worse. The consumer price index rose 4.2% from a year ago, according to government data released on Wednesday, well above consensus forecasts for 3.6%. However, the 0.8%...