The U.S. economy is on track for the worst year of growth since the Great Recession. Some economists predict it will grow only 1.5% for the entire year.
Telecom, tobacco, utility and real estate stocks are getting crushed lately now that it looks like the Federal Reserve is getting ready to raise rates again. Why? Investors don't need the safety of big dividends if bond yields are going up.
Crude oil prices are now up 12% since OPEC reached an understanding to cut output for the first time in eight years. Crude's latest milestone came on Thursday as it hit $50 for the first time since late June.
Hopes for a Twitter takeover are fading fast following reports that Google owner Alphabet, Disney and Apple are all taking a pass on making a Twitter bid. Will Twitter be forced to sell to Salesforce? Wall Street may not like that either.