Stocks tumble, crude oil surges on OPEC deal – Yahoo Finance

Stocks tumble, crude oil surges on OPEC deal – Yahoo Finance

Stock got slammed during Friday’s trading session, while crude oil (CL=F) surged. The S&P 500 (^GSPC) slumped 2.33%, or 62.87 points, and had its worst week in more than eight months as of market close. The Dow (^DJI) sank 558.72 points, or 2.24%, and the tech-heavy Nasdaq (^IXIC) tumbled 3.05%, or 219.01 points. Technology was the worst-performing […]

Frederick County executive announces improved financial state through 2018 – WDVM 25

Frederick County executive announces improved financial state through 2018 – WDVM 25

More from I-270 News FREDERICK, Md. – The Frederick County, Maryland executive announced an improved financial state for the area over the past year. County Executive Jan Gardner highlighted a solid financial position within the county for fiscal year 2018 as the comprehensive annual financial report was released Thursday. Gardner says revenues surpassed budgetary estimates […]

S&P 500 Futures Signal More Pain for U.S. Stocks on Trade Fears – Yahoo Finance

S&P 500 Futures Signal More Pain for U.S. Stocks on Trade Fears – Yahoo Finance

(Bloomberg) — U.S. stock index futures lurched lower, signaling no respite to the rout that’s lopped more than $3 trillion from the market since late September. S&P 500 Index contracts slumped as much as 1.9 percent from Tuesday’s close, before trading at 2,673, down 1.1 percent, as of 8:30 a.m. in London. Selling pressure early […]

Young Americans Are Making a Big Financial Mistake – Motley Fool

Young Americans Are Making a Big Financial Mistake – Motley Fool

According to a recent study, nearly 6 of every 10 people in the 18-34 age group have tapped into their retirement savings early. While there are indeed some legitimate reasons for accessing retirement savings early, far too many people are treating their retirement savings like an ATM. In this  Industry Focus: Financials clip, host Jason Moser […]

Stocks slide as doubts grow over trade war truce – Financial Times

Stocks slide as doubts grow over trade war truce – Financial Times

Tuesday 21.00 GMT What you need to know S&P 500 tumbles 3.2; biggest one-day drop for two months Treasury yield curve inverts at short end; 10-year yield down 8bp Renminbi registers biggest two-day rise against the dollar since 2005 Sterling lower after volatile session Brent oil rallies amid speculation about output cuts Overview The post-G20 […]

How financial technology is eroding brand loyalty – The Standard

How financial technology is eroding brand loyalty – The Standard

Post Bank headquarters banking hall on 16th September 2016. [Wilberforce Okwiri, Standard] In summary Bank services offered through mobile apps reduce personal interaction For many Kenyans who joined the workforce in the eighties and nineties, opening the first bank account was a major decision. This is because the bank you selected would often end up […]

Philadelphia's financial watchdog issues a warning on overtime – KYW Newsradio 1060

Philadelphia's financial watchdog issues a warning on overtime – KYW Newsradio 1060

PHILADELPHIA (KYW Newsradio) — Philadelphia’s financial watchdog is issuing a warning to the city about overtime. It’s one of the trouble spots in what is generally an upbeat report from the Philadelphia Intergovernmental Co-operation Authority. PICA says the city spent nearly $48 million in overtime in the first quarter of this fiscal year. PICA’s executive […]