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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Taxpayer Advocate Service Feed

Trade war's losers could include microchips, energy, banks

Sun, Aug 18, 2019

Stocks of companies that do lots of business with China, such as chipmakers and other technology companies, are obvious candidates for investors to sell when trade worries rise. They have fallen more than the rest of the market whenever President Donald Trump sends out a tweet or speaks about tariffs....

Stock market gyrates as the economic picture gets blurred

Sun, Aug 18, 2019

Stocks, bonds and other investments heaved up and down throughout the week, with worries hitting a crescendo on Wednesday when a fairly reliable warning signal of recession flipped on in the U.S. Treasury market....

Europe in crisis mode, Germany's in trouble: Andy Brenner

Sat, Aug 17, 2019

The health of Europe's largest economy is in dire straits as Germany teeters on the edge of a recession....

U.S.-China trade war: Huawei deadline flying under the radar

Sat, Aug 17, 2019

Another key trade decision could inject a fresh wave of volatility into the markets....

Revlon looks to Goldman Sachs as it considers 'strategic transactions': Report

Fri, Aug 16, 2019

Revlon Inc. could be in for a company makeover. The cosmetics company is looking into “strategic transactions involving the Company and third parties” with the help of an “external financial advisor,” according to an SEC filing from Thursday....

GE mobilizing its troops in war against whistle blower Harry Markopolos

Fri, Aug 16, 2019

General Electric is fighting back against a whistle blower who accused it of committing accounting fraud....

Fed's Bullard says no need to panic about stock gyrations

Fri, Aug 16, 2019

Despite the stock market’s recent selloff, Bullard sees no need to panic about the U.S. economy.  ...

Movers & Shakers: Aug. 16, 2019

Fri, Aug 16, 2019

Stories moving the markets and shaking up the world....

Stocks close wild week higher on rising bond yields, expected European stimulus

Fri, Aug 16, 2019

Shares of big industrial corporations led the day's gainers, while the yield on the 10-year Treasury jumped off historic lows....

Apple touts US job growth despite China trade tensions

Thu, Aug 15, 2019

The iPhone maker said the 2.4 million total includes 90,000 direct Apple employees....