Workers at two Mercedes-Benz factories in Alabama have voted against joining the United Auto Workers, the largest autoworkers union in the U.S., a blow to an effort to strengthen the presence of organized labor in the South. The Friday vote was seen as a bellwether for the ability of newly…
Passing major milestones such as the 40,000 barrier the Dow Jones Industrial Average eclipsed this week makes for a nice headline, but market experts do not take much else from the move. What really matters is what underpins the market, namely, whether companies are seeing sustainable profits, where monetary and…
What retail apocalypse? Online home goods retailer Wayfair is opening its first namesake store, near Chicago, following a string of other digitally native companies that have turned to brick-and-mortar for growth. In an ironic twist for a company that became a $12 billion powerhouse by persuading consumers to buy couches and beds…
LAS VEGAS — The iconic Mirage hotel-casino on the Las Vegas Strip will shut its doors this summer, the end of an era for a property credited with helping transform Sin City into an ultra-luxury resort destination. The July 17 closure will clear the way for major renovations and construction…
Note to the reader: This is the twenty-first in .
Today the Biotechnology ETF (IBB) 20-day EMA crossed up through the 50-day EMA (Silver Cross), generating an IT Trend Model BUY Signal. If we look “under the hood” we can see that participation continues to expand. The Silver Cross Index tells us how many stocks within this group have a…
In this edition of StockCharts TV‘s The Final Bar, legendary trader and author Larry Williams joins Dave in the StockCharts TV studio. Larry shares his latest thoughts on Dow 40K, the resilient rise of gold and precious metals, cycle analysis on the S&P 500 and crude oil, and lessons learned in over…
The House of Representatives is set to vote on a bill to stop President Biden from blocking offensive weapons aid to Israel on Thursday. Biden has faced bipartisan backlash for withholding a bomb shipment from Israel over fears it could be used in Rafah, as well as for warning Israel…
First the good news: The Commission on Presidential Debates is dead, dead, dead. It ran a game rigged for Democrats for many cycles and deserved to die long ago. It is done for now. Good. More good news: President Joe Biden issued a two-debate challenge Wednesday to former President Donald Trump…
A top grassroots group that represents Jewish Republicans across the country is showcasing what it calls its largest ever fundraising and expenditure effort in support of a GOP presidential nominee. The Republican Jewish Coalition (RJC), in an announcement shared first with Fox News on Thursday, highlighted that it is committed…