Don't look now, but Goldman Sachs is saying the economy is nearly recession-proof
The call comes just months after almost everyone on Wall Street worried that a recession was around the corner.
The call comes just months after almost everyone on Wall Street worried that a recession was around the corner.
Wall Street dipped in thin trading on the last day of the decade as a year-end rally powered by optimism around trade and a brightening global outlook fizzled out, though the S&P 500 was still on course for its best year since 2013.
The dollar slid to a six-month low on Monday as progress on U.S.-China trade tensions led investors to higher-risk assets, while a year-end rally that pushed global equity markets to record highs petered out on the last trading day of the year.
Google parent Alphabet will no longer use an intellectual property licensing scheme, known as the "Double Irish, Dutch sandwich", which allowed it to delay paying U.S. taxes, 2018 tax filings show.
The euro, the pound and a clutch of trade-sensitive currencies rallied as the dollar slid to a six-month low on Tuesday, as investor confidence in global growth prospects and the Phase 1 U.S.-China trade deal spurred a risk-on move.
"You've got to separate a service you love from an investable company," Josh Brown said on CNBC.
Wall Street dipped in thin trading on the last day of the decade as a year-end rally powered by optimism around trade and an improving global outlook fizzled out, though the S&P 500 was still on course for its best year since 2013.
Hudson's Bay Co Chairman Richard Baker and his partners have approached the retailer's minority stockholders, including bidding rival Catalyst Capital, to potentially raise their take-private bid, a source familiar with the matter said on Tuesday.
This year, resolve to save more in retirement, squirrel away extra dollars for medical needs and, while you're at it, shave your tax bill. Here's what you can expect in 2020.
Ousted Nissan boss Carlos Ghosn said on Tuesday he had fled to Lebanon to escape a "rigged" justice system in Japan, where he believed he would not get a fair trial.
Millions of Americans have multiple retirement accounts. Merging them can have behavioral and financial benefits.
"You've got to separate a service you love from an investable company," Josh Brown said on CNBC.
The U.S. dollar index recorded its smallest-ever annual move in 2019, up just 0.24% for the year after a drop in December reversed early gains as trade hopes and investor confidence diminished demand for the safe-haven asset.
A federal judge rejected Tesla Inc's effort to dismiss claims by two former workers that the California electric car factory where they worked was a hotbed of racial hostility, clearing the way for a possible trial.
The S&P 500 dipped on Tuesday as investors took profits from a year-end rally powered by trade optimism and an improving global outlook, which put the benchmark index on track for its biggest annual percentage gain since 2013.