Author Archives: Lee Heavener

A $1 million bet: Anatomy of a high-end house flip

One house flipper in Bethesda, Maryland, invested a $1 million in the hopes of a quick sale. Here’s what she was thinking.
Source: Yahoo Finance

LIVE: Stocks rebound despite global bond yields hitting record lows

Stocks rebound as US factory data improves , but gold is jumping, and bond yields across the globe are tumbling to record lows. Catch The Final Round at 4 p.m. ET.
Source: Yahoo Finance

Fed wants clarity on Brexit's impact before hiking rates

Federal Reserve policymakers decided in June that interest rate hikes should stay on hold until they have a handle on the consequences of Britain’s vote on EU membership, according to the minutes from the Fed’s June policy meeting released on Wednesday.
Source: Yahoo Finance

Donald Trump's casinos were the worst part of his business portfolio

He’ll never say so publicly, but Donald Trump must have considerable regrets about getting into the casino business in the 1980s.
Source: Yahoo Finance

There's a 'last ugly chapter' for crude oil, and we haven't hit it yet

Huge stockpiles of fuel and teeming strategic Chinese crude inventories could send oil prices on one last, ugly slide lower, analysts tell CNBC.
Source: Yahoo Finance

Goldman expects the S&P 500 to fall as much as 10% before ending the year at 2,100

It’s better to stay on the sidelines for now.
Source: Yahoo Finance

Live: Markets tumble as gold rallies

Join Market Movers live now for the latest premarket headlines.
Source: Yahoo Finance

UBS: Gold has never been more compelling

UBS analysts are making a bullish call on gold, saying that the yellow metal will march to $1,400/oz during the second half of the year. “Gold has likely entered the early stages of the next bull-run,” UBS’s Joni Teves wrote. Gold is currently trading at $1,375/oz, up $16 from …
Source: Yahoo Finance

Tesla told regulators about Autopilot crash nine days after accident

SAN FRANCISCO/DETROIT (Reuters) – Tesla Motors (TSLA.O) alerted regulators to a fatality in one of its electric cars in partial self-driving Autopilot mode nine days after it crashed, the company said on Tuesday, defending its decision not to make the accident public before a fed…
Source: Yahoo Finance

We're suffering the consequences of too much democracy

The Brexit vote exposed the downside of too much democracy.
Source: Yahoo Finance

How 2 US senators profited from America's financial crisis

Documents connect Senators Bob Corker and Mark Warner to controversial Wall Street deals.
Source: Yahoo Finance

Wall St. bull Tom Lee sees 5 reasons why stocks extend their post-Brexit shock rally

FundStrat’s Tom Lee told clients that the pullback in the stock market after the Brexit vote will need to be bought. He was right. And now he’s got some new advice.
Source: Yahoo Finance

How a billionaire hedgie hopes to fix corporate America

A new nonprofit, Just Capital, will rank American companies based “justness.”
Source: Yahoo Finance

Corporate Samckdown: Final Four trash talk from alumni execs

Prominent alumni of Syracuse, Villanova, UNC and Oklahoma sound off on the Final Four.
Source: Yahoo Finance

Bankers may have been underpricing corporate bonds by as much as $18 billion

Research firm Fideres Partners estimates that the underpricing of new debt may have cost U.S. companies as much as $18 billion in extra interest in bonds issued between 2010 and 2015.
Source: Yahoo Finance

Why Tesla's Model 3 is blowing away expectations

Within 24 hours of launching its first lower-price electric car, Tesla locked in a large base of paid reservations directly from retail buyers.
Source: Yahoo Finance

U.S. nonfarm payrolls increase solidly, wages rebound

U.S. employment increased solidly in March and wages rebounded, signs of economic resilience that could allow a cautious Federal Reserve to gradually raise interest rates this year. Nonfarm payrolls increased 215,000 last month, the Labor Department said on Friday. Data for January and February was revised slightly down to show 1,000 fewer jobs created than previously reported.
Source: Yahoo Finance

LIVE: Wall Street braces for the jobs report

Join Market Movers live now for coverage of the government’s monthly jobs report and the biggest premarket stories of the day.
Source: Yahoo Finance

Apple vs. the FBI: Here's where everyone stands

Learn who has come out on which side of the fight.
Source: Yahoo Finance

Stocks snap 3-day win streak with Nasdaq off 1%; IBM jumps

U.S. stocks closed lower Thursday, stabilizing after their largest three-day gain since August, as investors eyed oil prices and corporate news.
Source: Yahoo Finance

US stocks slip at midday; Wal-Mart leads retailers lower

Stocks are inching lower Thursday after a three-day rally. Consumer stocks are sliding after Wal-Mart reported disappointing results and cut its sales projections, and bank stocks are giving up some of …
Source: Yahoo Finance

These are Wall Street’s new favorite candidates

Jeb Bush is out. John Kasich, Marco Rubio and Ted Cruz are in.
Source: Yahoo Finance

Saudis and Russia speak, but oil goes lower?

Saudi Arabia, Qatar, Venezuela and Russia talk to freeze production levels, but what does this mean for an oversupplied market?
Source: Yahoo Finance

Companies lose billions buying back their own stock

If you think your stocks are doing poorly, check out the performance of some of the most sophisticated investors, the ones with more knowledge about what’s going on inside businesses than anyone else: …
Source: Yahoo Finance

Obama Will Seek to Double Budgets for Wall Street Regulators

President Barack Obama will ask Congress to double funding for the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission over the next five years, bolstering two financial …
Source: Yahoo Finance

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