The dollar was on course for its best week this year, helped by better-than-expected U.S. economic growth data and comments by the president of the New York Federal Reserve that reinforced expectations of U.S. interest rate hikes this year. Data showing the largest annual increase in U.S. inflation in nearly five years and comments by the president of the New York Federal Reserve meanwhile reinforced expectations of U.S. interest rate hikes this year. A stronger dollar makes bullion more expensi

Oil prices were mixed on Friday after a three-day rally ran out of steam, teeing up the oil market’s worst-performing quarter since 2015 as investors fret that growing U.S. supplies are undermining OPEC-led production cuts. The first quarter has seen prices locked within a range as traders have searched for signals that the Organization of the Petroleum Exporting Countries’ production cuts are rebalancing the market. Brent crude futures have made some of the biggest losses across global asset cl

Asia markets finished mixed on the final day of trading in March, as investors await two expected executive orders by President Donald Trump which will tackle trade deficit and tariff enforcement. Trump’s expected meeting with Chinese President Xi Jinping will also be closely watched by markets. Xi, along with his wife Peng Liyuan, is expected to be hosted by Trump and First Lady Melania Trump at the U.S. president’s Florida golf resort next Thursday and Friday. The full-year earnings reports of

Kimberly Greenberger, Morgan Stanley’s retail guru, said the department store business model anchored in malls is fundamentally flawed in this online era, yet there is a group of brick-and-mortar retailers that can still thrive. “If a retail store simply sells other people’s brands that’s a business model that’s more at risk … because Amazon and some of the other pure-play retailers can sell other people’s brands potentially better,” Greenberger told Mike Santoli in an exclusive interview for

Billed as the “Arctic: Territory of Dialogue” International Arctic Forum, it was first established in 2010 and is used as a major platform for the expert and political communities to hold discussions on the pressing issues in the Arctic region. The forum’s central theme is “People and the Arctic”.

[The stream is slated to start at 11:30 a.m., ET. Please refresh the page if you do not see a player above at that time.] House Speaker Paul Ryan holds his weekly news conference with Capitol Hill reporters.

[The stream is slated to start at 1:30 p.m., ET. Please refresh the page if you do not see a player above at that time.] Press secretary Sean Spicer holds his daily White House press briefing.

Mike Flynn has reportedly sought immunity from prosecution in exchange for his testimony about the Trump campaign’s potential ties to Russia, but past comments show that Donald Trump’s former national security adviser once associated immunity with guilt. “I mean, five people around her have had, have been given immunity to include her chief of staff,” Flynn told NBC’s “Meet the Press” in a September 2016 interview, referring to Democratic presidential candidate Hillary Clinton’s email controvers

Separately Managed Accounts (SMAs) are investment services provided by Legg Mason Private Portfolio Group, LLC (LMPPG), a federally registered investment advisor. Client portfolios are managed based on investment instructions or advice provided by one or more of the following Legg Mason-affiliated sub-advisers: ClearBridge Investments, LLC and Western Asset Management Company. Management is implemented by LMPPG, the designated sub-advisor or, in the case of certain programs, the program sponsor

RBC can combine its massive data sets with custom code to help provide answers to these sorts of questions. Mudassir didn’t provide names, but venture-backed companies applying machine learning to trading include Sentient Technologies, Alpaca and Walnut Algorithms. Mudassir joined other RBC executives on a panel in Menlo Park, home to many of the world’s biggest venture capital firms. The topic was machine learning in capital markets, and the panelists discussed their expanded use of technology

Deutsche Bank raised its rating on Morgan Stanley to buy from hold, citing a turnaround in its securities trading businesses. “We continue to prefer market sensitive banks over large regionals. This reflects lower relative valuations vs. historical levels, and potentially more leverage from a softening regulatory environment and stronger economic backdrop,” analyst Matt O’Connor wrote in a note to clients Tuesday. Morgan Stanley shares are up 25 percent since the Nov. 8 election through Tuesday.

Karma is a … well, you know. The big news on Wall Street today is BlackRock’s decision to cut jobs and lower fees, and making that possible mostly by relying more on computers to pick stocks. Whoa, that sounds familiar, doesn’t it? Isn’t the move toward automation exactly what all those Wall Street experts have told us is the real reason for the loss of manufacturing and many service jobs in America these days? And haven’t they scoffed at President Donald Trump and his supporters every time th

General Motors looks like it could do with some tinkering. The U.S. automaker has roared back from its 2009 bankruptcy, posting record profit in North America last year. Its shares also have outpaced the S&P 500 over the last year, but trade at just 5.6 times expected 2017 earnings, the lowest valuation in the index. That explains why hedge-fund boss David Einhorn wants to try some financial engineering. His Greenlight Capital claims a proposed stock split would add as much as $38 billion in val

The”Fast Money”traders debate on Wednesday, whether the financial sector or the technology sector is the best place to make trades, in today’s stock market. Finerman said the sector’s recent surge was delayed since the sector performed badly after the election and missed the Trump rally. Karen is long AAL, BAC, BAC short calls, C, DAL, EEM, EPI, EWW, DVYE, FB, FL, GLMP, GOGO, GOOG, GOOGL, JPM, URI, LYV, KORS, KORS calls, KORS puts, MA, SEDG, SPY puts, TACO, WIFI long call spreads. Her firm is lo

The earnings season doesn’t start until mid-April, but analysts are looking forward to a very strong performance. The S&P 500 earnings, as of now, are expected to rise 10.4 percent, the best year-over-year gain since third quarter, 2011, when earnings grew 18 percent, according to Thomson Reuters. Revenues are expected to be up 7.1 percent, the best growth since the 11.1 percent jump in that same quarter of 2011. “If we’re not going to get the windfall from corporate tax reform, the question is

Lebenthal, who Cayne is suing to recover more than $438,000 on an originally $1 million loan to her, alleges that Cayne “manipulated” her “in various ways.” It also alleged Cayne, 83, “engaged [in] conduct that has demonstrated unconscionable actions.” Neither lawyers for the 53-year-old co-CEO of Lebenthal Holdings nor a lawyer for Cayne has responded to requests for comment by CNBC. Lebenthal, in her answer to the lawsuit, which her lawyers filed Wednesday, admits that Cayne “made a loan.” The

[The stream is slated to start at 5:30 p.m., ET. Please refresh the page if you do not see a player above at that time.] Former Treasury secretaries Jacob Lew, Timothy Geithner, Robert Rubin, and W. Michael Blumenthal will discuss key economic issues between the United States and China, including American policies, China’s global ambitions, and the challenges and opportunities of the U.S.-China relationship. The 90-minute discussion is hosted by the National Committee on U.S.-China Relations.

[The stream is slated to start at 8 p.m., ET. Please refresh the page if you do not see a player above at that time.] FBI Director James Comey delivers remarks at a forum held by the Intelligence and National Security Alliance, a nonprofit organization in Arlington, Virgina, in a discussion on “the strategic importance of the FBI’s role within the intelligence community.”

The merging of blockchain technologies with the long-foretold Internet of Things resolves security concerns in a hyper-connected world, according to Amit Sharma, vice president and digital head of Indian technology solutions firm Tech Mahindra. Data protection and privacy issues are often cited as a major roadblock to the complete adoption of an Internet of Things (IoT). But one solution comes in the form of a blockchain, which is a highly-secure and auditable form of data storage originally con

After each launch, SpaceX tries to save just the first stage of its vehicles. It’s the same rocket that was used for CRS-8, the company’s eighth cargo resupply mission to the ISS for NASA. Not only is this Falcon 9 rocket launching for a second time, but it’s landing again, too. It’s still unclear just how many times a single first stage of a Falcon 9 can be used again. The more frequently SpaceX can reuse its Falcon 9s, the greater the economic benefit to the company.