Thai rescue mission diver mulls legal action after Elon Musk calls him ‘pedo guy’

Thai rescue mission diver mulls legal action after Elon Musk calls him ‘pedo guy’

A British diver involved in the mission to save 12 Thai boys and their soccer coach is considering legal action against Elon Musk after the Tesla boss labeled him “pedo guy.” Spelunker Vernon Unsworth had called a submarine crafted by a team of Musk’s technicians a “PR stunt.” Billionaire Musk had suggested the vessel —…
Trump’s trade policies threaten to ruin the strong economic growth and market returns expected ahead: CNBC’s Fed Survey

Trump’s trade policies threaten to ruin the strong economic growth and market returns expected...

"While the U.S. economy still has solid growth potential in front of it, you still get the sense that it wouldn't take much to watch it derail, with a high degree of confidence that Washington will be the cause of the derailment with its trade policies or some poor decision-making at the top," said Kevin…
Booming Walmart, Cisco results show US economy’s strength is real and broad-based

Booming Walmart, Cisco results show US economy’s strength is real and broad-based

The strong GDP economic data for the June quarter is showing up in the real economy. Major U.S. companies including Walmart and Cisco are confirming the positive macro data by posting their best financial results in many years. The reports indicate broad-based strength in the domestic economy. Last month the government said second-quarter GDP grew…
This unusual move in the bond market could be signaling interest rates are about to break out

This unusual move in the bond market could be signaling interest rates are about...

“The market is coiled. We’re going to have a break,” said Ian Lyngen, head of U.S. rate strategy at BMO. "It’s very rare to have 14 consecutive trading sessions in which the 10-year yield is in a range this narrow.” He said it’s the only such period with the yield in a range as narrow…
CEOs who quit Trump advisory boards after Charlottesville now among his dinner guests

CEOs who quit Trump advisory boards after Charlottesville now among his dinner guests

In addition to the policy forum group, Trump also created a Manufacturing Advisory Council, whose members included the chief executives of companies like Boeing, International Paper and Johnson & Johnson. The manufacturing council was also disbanded in August of 2017, following a wave of public resignations from its CEO members in the wake of Charlottesville.…
5 steps to finding your perfect mentor

5 steps to finding your perfect mentor

We hear it all the time: To get ahead at work, you need to find a mentor. But doing so can be easier said than done. Just who are you supposed to call on and what are you supposed to ask? One person who has relied heavily on mentors to steer her career is 36-year-old…
Apple’s stock may wear the trillion-dollar crown, but IBM held more sway over the stock market in its heyday

Apple’s stock may wear the trillion-dollar crown, but IBM held more sway over the...

Apple obviously has a huge amount of market clout now, but in terms of influence on your portfolio, IBM in the 1980s still holds the crown. Apple just became a trillion dollar stock, so by it's very nature it is widely held and permeates most stock portfolios through its influence as a member of the…
Morgan Stanley: The biggest sell-off since February is coming and it’s going to hit the average investor hard

Morgan Stanley: The biggest sell-off since February is coming and it’s going to hit...

Morgan Stanley believes the dramatic drops in some high-flying technology stocks this month is further evidence the stock market will go lower. "The weaker earnings beat from several Tech leaders and outright misses from Netflix and Facebook were simply additional support for our [defensive] call," chief U.S. equity strategist Michael Wilson said in a note…
Consumer inflation could be highest in more than six years, but still not too hot

Consumer inflation could be highest in more than six years, but still not too...

Consumer inflation could have risen at a 3 percent year-over-year pace for the first time in more than six years, with prices for apparel and lodging picking up in July, according to economists. With the economy growing above its recent trend at 4.1 percent last quarter and the job market solid, inflation is the data…
Trump: ‘We hope to work something out on a fair trade deal with Europe’

Trump: ‘We hope to work something out on a fair trade deal with Europe’

Valliere said it was telling that auto tariffs were not specifically mentioned. Analysts have said there appears to be disagreement in Europe on the topic, and the Trump administration would like to see Europe drop its tariffs of 10 percent on U.S. cars. The major averages rallied Wednesday afternoon on early reports of the trade…

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