Cardillo’s Corner

November 13, 2018

Dow plunges by more than 600 points in massive market sell-off

The morning’s tech sector rout spread rapidly to other sectors as global trade fears combined with a stronger dollar to unsettle investors. By Lucy Bayly The Dow […]
November 12, 2018

Business For Breakfast Radio

November 12, 2018

Wall St Week Ahead-Investors focus on retailers as wages rise

By Caroline Valetkevitch NEW YORK, Nov 9 (Reuters) – U.S. companies are warning about rising wages eating into profit margins, increasing investor worries that next year’s […]
November 12, 2018

S&P 500 snaps 3-day winning streak as the Fed looks to stay the course on raising rates

The S&P 500 closed lower on Thursday following big gains in the previous session as investors digested the latest monetary policy decision from the Federal Reserve. The broad […]
November 12, 2018

Business Live: Oil drops in price U-turn

Wall Street – nothing to see here There’s little change for US stocks after the Federal Reserve kept rates unchanged. Peter Cardillo, chief market economist for […]
November 8, 2018

Fed holds rates steady, sees economy on track

NEW YORK (Reuters) – The U.S. Federal Reserve held interest rates steady on Thursday and said ongoing strong job gains and household spending had kept the […]
November 8, 2018

Dow surges nearly 550 points because investors like divided government

By Chris Isidore, CNN Busines By Chris Isidore, CNN Business Wall Street likes divided government, and investors got just what they were hoping for. Stocks moved […]
November 8, 2018

Iran: is there life without SWIFT?

Immediate prospects for oil prices will be near current levels The fact is that concerns about sanctions have died down because some countries have received an exception […]
November 7, 2018

Stocks jump because investors like divided government

By Chris Isidore, CNN Business New York (CNN Business)Wall Street likes divided government, and investors got just what they were hoping for. US stock futures moved higher in […]