VIX is a chart of “fear” and so far the fear has subsided, but it is showing a bullish divegence. What it means is that there is a possibility of fear coming back to the market.
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BBC News – Business- Eddie Stobart chief to leave as shares suspendedThe transport firm, known for its green lorries, revealed a £2m discrepancy in its accounts last month.
- Hasbro to buy Peppa Pig owner Entertainment One for $4bnThe US toy maker will expand its entertainment portfolio with other preschool brands including PJ Masks.
- Would you let your child become a 'kid influencer'?Social media influencers are getting younger and younger, but at what cost to their wellbeing?
- How bingo became a million dollar ideaThe BBC's Aaron Heslehurst explains how bingo became a multi-million dollar idea.
- Facial recognition technology aims to cut passport queue timesThe UK Home Office is considering a system which would let you walk through immigration without showing your passport.
- The future of food: Why farming is moving indoorsVertical farming is fast-expanding but the costs are high and the food range is limited - for now.
- Ryanair rated 'greedy and arrogant' by customersRyanair has been rated worst for customer service out of 100 big British brands, according to Which?.
- Universal credit 'forces tenants into rent arrears'Universal credit is causing tenants to fall behind with rent, warns the Residential Landlords Association.
- Can Fed chief dig himself out of a (Jackson) Hole?Jerome Powell, Donald Trump's least favourite banker, is the star turn at the annual event in Wyoming.
- Brexit: Northern Ireland farmers warn of no deal risksSome food producers say a no-deal Brexit could put them out of business within three days.
- Eddie Stobart chief to leave as shares suspended
- Reuters: Business News
- Powell: U.S. in 'favorable' place, Fed will 'act as appropriate'The U.S. economy is in a "favorable place" and the Federal Reserve will "act as appropriate" to keep the current economic expansion on track, Fed chair Jerome Powell said on Friday in remarks that gave few clues about whether the central bank will cut interest rates at its next meeting or not.
- Powell: Fed to act as appropriate to keep expansion goingThe U.S. economy is in a "favorable place" and the Federal Reserve will "act as appropriate" to keep the current economic expansion on track, Fed chair Jerome Powell said on Friday in remarks that gave few clues about whether the central bank will cut interest rates at its next meeting or not.
- China strikes back in trade dispute with U.S. with new tariffsChina unveiled on Friday retaliatory tariffs against about $75 billion worth of U.S. goods, putting an additional 10% on top of existing rates in the latest tit-for-tat exchange in a protracted dispute between the world's top two economies.
- Renewed Chinese auto tariffs would cost U.S. jobs, industry coalition warnsThe head of a broad coalition of Japanese, German and South Korean automakers warned on Friday that renewed punitive Chinese tariffs on U.S. autos would hurt U.S. vehicle exports to China and put U.S. jobs at risk.
- China's tariff blow weighs on Wall Street, Powell speech in focusU.S. stocks fell on Friday after China threatened to impose additional tariffs on $75 billion worth of U.S. goods, ahead of a highly anticipated speech from Federal Reserve Chair Jerome Powell.
- Billionaire industrialist and conservative donor David Koch dies at age 79Billionaire industrialist David Koch, a driving force behind conglomerate Koch Industries who as one of the world's richest people became a major financier of conservative causes and political candidates, has died at age 79, his brother said on Friday.
- Seeking clarity from Fed's Powell? Good luck with thatWhen Federal Reserve Chair Jerome Powell speaks in Jackson Hole, Wyoming, on Friday, traders will comb through his remarks for clues on whether the U.S. central bank will deliver more rate cuts this year.
- White House mulling tax cuts but not to counter short-term weakness: adviserThe Trump administration is studying tax cuts to buttress long-term U.S. economic growth that could be rolled out during the 2020 election campaign but is not looking at action to counter any perceived economic weakness now, the White House economic adviser said on Thursday.
- Shares in Peppa Pig owner rise past Hasbro offerPeppa Pig-owner Entertainment One's shares rose more than 30% to a record high on Friday, surpassing the price agreed by the company's board with U.S. toy maker Hasbro Inc in a sign that investors see some chance of a counter offer.
- Navarro says China talks to continue, trade war won't slow U.S. economyWhite House trade adviser Peter Navarro said on Friday he does not believe the trade war in China will cause higher prices or a slower economy in the United States.
- Powell: U.S. in 'favorable' place, Fed will 'act as appropriate'