Apple goes negative for the year

Apple shares have gone negative for the year, and the company is currently the worst-performing stock in the DJI.


Forget $100 oil. $75 is probably the ceiling this year, says Oman’s oil minister

Oil prices probably won't rise much beyond recent highs near $75 a barrel, according to Oman's oil minister.


Arsenal manager Arsene Wenger quits after 22 years in charge

Wenger has chosen to step down as manager at the end of the season, despite having another year to run on his contract.


Apple's iPhone X will be killed off this year, analyst says

Weak guidance from top Apple suppliers suggests the iPhone X could be discontinued, according to a Mirabaud analyst.


General Electric shares jump as earnings top estimates, backs 2018 outlook

General Electric is expected to report its first-quarter earnings before the bell Friday, amid a tumultuous start to the year.

United States

The 10-year Treasury could test the stock market's comeback

Traders are watching to see if the benchmark 10-year Treasury yield will regain its February high

United States

Brace for a 10-15% market correction this year, warns financial advisor

United Capital CEO Joe Duran is sticking to his prediction of another correction for the S&P 500 before the end of the year


More House seats are open than in at least a dozen years, but it's no slam dunk for Democrats

Nearly 60 House members will not run for re-election this year, with most departures coming on the Republican side.

United States

Congrats, America. You've finally earned enough this year to cover your 2018 tax bill

As of Thursday, Americans have earned enough money so far this year to cover their collective tax bill.


Alpha males hurt alpha: Hedge fund managers with high testosterone underperform

Hedge-fund managers with high testosterone underperform those with low testosterone by 5.8 percent a year, a study says.


Oil's 'artificial' surge to multi-year highs could spark a new crisis, economist warns

An upswing in crude futures could be enough to fast-track the energy market's next crisis, one economist told CNBC.


Adyen, a payments firm with clients such as Netflix and Uber, is eyeing an IPO after record revenues

The Dutch payments processing firm is considering a stock market listing this year, a source told CNBC.

United States

Shares of aluminum producer Alcoa jump almost 4% after earnings beat

Alcoa projects an increased global aluminum deficit this year, due to delays in aluminum smelting projects in China.

United States

The amount of retail space closing in 2018 is on pace to break a record

CoStar Group has calculated already more than 90 million square feet of retail space is set to close this year.


Turkey's Erdogan declares early elections on June 24

President Tayyip Erdogan said Turkey's presidential and parliamentary elections will be brought forward to June 24, more than a year earlier than planned.

United States

Fed's Williams sees US inflation at or above goal for years

San Francisco Federal Reserve Bank President John Williams said he expects U.S. inflation to rise to the U.S. central bank's 2-percent goal this year and to continue at that goal for a couple of years.


Fund managers cut stock holdings as many see market peaking: Bank of America survey

Fund managers' allocation to stocks is at an 18-month low, and many believe the market has peaked or will peak this year.


Chinese IPOs declined 74 percent. Beijing has a plan to kickstart more listings

Amid steeply declining IPO activity in China this year, the country wants its tech companies to come back home to list.


Why Denmark dominates the World Happiness Report rankings year after year

What is it that routinely makes Denmark routinely one of the top 3 happiest countries in the world? It's a little something called "intentional intimacy," Marie Helweg-Larsen explains in The Conversation.


Oil prices are likely to collapse later this year, Barclays forecasts

Geopolitical tensions will keep oil prices elevated for now, but they could be on track for a tumble, Barclays says.

United States

Bitcoin traders are banking on a big rebound once tax day passes

Bitcoin prices were slightly lower Monday ahead of the much-anticipated tax deadline, which some bitcoin pundits say has been holding back the digital currency this year.


No turnaround for Apple in China due to smartphone ‘saturation’: UBS

UBS predicts Apple's iPhone sales growth in China will be roughly flat this fiscal year.


Two-year Treasury yield hits a near 10-year high despite Syria tensions

The two-year Treasury yield hit its highest level in nearly a decade Monday morning.

United States

Health-care companies are on a deal spree and aren't likely to stop anytime soon

The number of health-care deals rose 16 percent last year, while value surged 27 percent, according to Bain & Company.

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