Share This Article
The "Drone Era" Is Here – and Every Electric UAV Needs This Company's Invention
If you want tangible proof that the “Drone Era” is here, just look at the daily news feeds.
How would you like to put an extra $125,000 in your nest egg? You can potentially do it this year - and you'll only have to risk $20 to learn how. Click here.
Email this Article
September 21, 2016
The Dow Jones Industrial Average today is up before the Fed reaches a decision on whether or not to raise interest rates.
Investors are confident that the Fed won't raise interest rates until December.
September 19, 2016
The Dow Jones Industrial Average today slipped slightly as investors prepared themselves for the upcoming FOMC meeting.
August 12, 2016
With blockchain technology on its way to fueling a $6.5 trillion economy, investors are looking for the stocks to buy now to profit from this extraordinary opportunity.
These stocks aren't obscure companies, but established financial industry players that already are investing heavily in this new technology.
August 4, 2016
If negative-interest-rate policies (NIRP) sound like some kind of esoteric, unknowable concept, that's not by accident.
It's exactly what central bankers would like you to think.
In the same way people consider money something difficult to define, negative interest rates suggest some sort of complicated economic theory.
In fact, it's very simple. Instead of being paid to lend money, negative rates mean it costs you to lend. It's like the laws of physics have been turned upside down, as though gravity began to push rather than pull.
This "Bizarro finance" underlying NIRP couldn't exist without fiat money and central bankers hell-bent on destroying its value. I first mentioned this last year, when I recommended a negative rate protective profit play that's since gone on to do better than double the markets' return. At that point, negative rates were already eating into Europeans' savings.
The situation has only gotten worse in the meantime, with trillions more in sovereign debt under negative rates, and as you'll see, more banks "offering" their depositors a negative rate.
What's worse, the idea of negative rates is growing more popular among the global central banking set… including, ominously, Janet Yellen's U.S. Federal Reserve.
August 3, 2016
While the first Bitcoin IPO is not imminent, it's not all that distant, either.
Several leading Bitcoin startups are already several years old and, more importantly, have advanced to the later stages of their venture capital funding. That means we could see the a Bitcoin IPO on a U.S. exchange in less than two years.
July 14, 2016
You won't hear much news about a stock market crash after Japan's prime minister announced plans for a new economic stimulus package.
Shinzo Abe wants to pump a reported $99 billion into the Japanese economy.
April 13, 2016
The JPM stock price today is climbing after the company posted better than expected results in its Q1 2016 earnings report.
JPMorgan reported earnings per share of $1.35 on $24.08 billion in revenue. Analysts expected $1.26 on $23.8 billion.
The Dow Jones Industrial Average is up this morning thanks to a smashing earnings report from JPMorgan Chase.
Markets are waiting to see if other banks will follow suit.
December 7, 2015
Last week, our nation's biggest banks lost a portion of an outrageous handout they've been garnishing from American taxpayers for the last 102 years.
This free handout is a ploy seldom covered by mainstream media – which, as we all know, is now generally loath to upset the powers that be.
It happened Tuesday, when Congress released a highway bill that uses surplus funds from the U.S. Federal Reserve to help pay for the legislation's $325 billion price tag.
July 21, 2015
Yesterday (Monday), the U.S. Federal Reserve System approved a rule to require the nation's largest banks to hold a larger capital buffer.
These "capital surcharges" are in addition to the 7% capital requirements set forth in the Basel Accords in 2010.
June 25, 2015
6/25/15 JPM: It seems that JPMorgan Chase & Co. (NYSE: JPM) simply can't stay out of trouble. The Wall Street Journal reports the investment bank is now working to settle a federal probe into whether JPM wrongly advised its private-banking clients to purchase its own proprietary products.
May 21, 2015
5/21/2015: Five of the world’s biggest banks, Barclays Plc. (NYSE: BCS), Citigroup Inc. (NYSE: C), JPMorgan Chase & Co. (NYSE: JPM), Royal Bank of Scotland Group (NYSE: RBS), and UBS Group AG (NYSE: UBS) pleaded guilty on Wednesday to manipulating foreign currency rates for their own benefit. They will now pay a combined $5.6 billion […]
May 12, 2015
5/12/2015: The parent companies of as many as five major banks are expected to plead guilty to criminal charges that they knowingly manipulated foreign exchange rates, according to multiple reports out of Washington. The U.S. Justice Department said that five banks are expected to resolve the agency's long-standing investigations into their currency trading practices. Banks expected […]
May 7, 2015
5/7/2015: The International Business Machines Corp. (NYSE: IBM) stock price today is hardly budging after it fell 1.8% yesterday (Wednesday). This shows many don't realize that yesterday gave us one of the most exciting developments to come out of Big Blue in a long time: IBM announced a new partnership with Facebook Inc. (Nasdaq: FB). […]
5/7/2015: The largest U.S. bank and one the largest providers of financial services in the world, JPMorgan Chase & Co. (NYSE: JPM), has accumulated one of the largest stockpiles of silver the world has ever seen. The total JPMorgan silver stockpile has increased dramatically in the last four years. In 2011, JP Morgan had little […]
April 14, 2015
For April 14, 2015, here's how the stock market did today, the top stock market news, and stocks to watch based on today's market moves.
The DJIA Index gained 59 points as reduced expectations for quarterly profit outlooks were offset by energy sector gains and strong earnings results from JPMorgan Chase & Co. (NYSE: JPM). Shares of the banking giant gained 1.5% on the day.
April 13, 2015
4/13/15: JPMorgan Chase & Co. (NYSE: JPM) is on tap to post Q1 results before Tuesday’s open. The largest U.S. bank by assets is expected to post EPS of $1.38, up a dime from the same quarter a year ago. JPM’s revenue is expected to rise 6.1% YOY to $24.4 billion. Still, legal expenses and […]
March 13, 2015
3/12/15: JP Morgan Chase & Co. (NYSE: JMP) will juice its quarterly payout $0.04 to $0.44 a share. It will also buy back $6.4 billion of common stock.
March 12, 2015
Also in stock market news today is a carry-over of the Fed's annual stress test announcement after closing bell Wednesday. Its findings influence whether a bank will be able to increase its stock buybacks or hike its dividend. The Fed was unimpressed by Bank of America Corp. (NYSE: BAC), which now must refile its program by the end of September. […]
February 26, 2015
Shares of investment bank Morgan Stanley (NYSE: MS) were flat this morning on news that it will pay a $2.6 billion settlement to resolve claims concerning its sale of mortgage-backed securities. This is a much smaller settlement than the ones faced by rivals Bank of America (NYSE: BAC) and JPMorgan Chase (NYSE: JPM), signaling the […]
February 10, 2015
The U.S. Department of Justice wants several large banks to plead guilty to criminal charges that they manipulated the foreign currencies' (ForEx) market. In a reversal of business-as-usual, federal prosecutors told banks Barclays plc (NYSE: BCS), JPMorgan Chase & Co. (NYSE: JPM), the Royal Bank of Scotland Group plc (NYSE: RBS) and Citigroup Inc. (NYSE: […]
January 23, 2015
Apple Inc. (Nasdaq: AAPL) CEO Tim Cook's base salary rose to $2 million in 2014, an increase from $1.4 million. Cook's total pay, including his bonus, hit $9.2 million last year. Goldman Sachs (NYSE: GS) CEO Lloyd C. Blankfein received a $1 million raise, with his compensation hitting $24 million. Meanwhile, JPMorgan Chase (NYSE: JPM) CEO […]
December 17, 2014
Shares of Google Inc. (Nasdaq: GOOGL) fell to a 14-month low this afternoon, sliding more than 3.4%. The slump came after a JP Morgan Chase & Co. (NYSE: JPM) analyst slashed his estimates on Google's financial performance and lowered his price target to $600. The decline came on the same day that the company announced a new "buy now" button on […]
November 13, 2014
U.S and British regulators announced they have reached a $3.4 billion settlement with five global banks over allegations that they manipulated the international currency trading markets. Regulators reached settlements with HSBC Holdings Plc. (NYSE: HSBA), Royal Bank of Scotland Group Plc. (NYSE: RBS), UBS AG (NYSE: UBS), Citigroup Inc. (NYSE: C) and J.P. Morgan Chase & […]
November 7, 2014
U.S. financial giant Bank of America Corp. (NYSE: BAC) said it is currently negotiating with regulators to settle an ongoing investigation into its Forex trading practices. The firm announced plans to add $400 million for possible legal expenses. The announcement comes just days after JPMorgan Chase & Co. (NYSE: JPM) disclosed that the U.S. Justice Department was also […]