Pedestrians walk outside an E*Trade Financial office in New York. Daniel Acker | Bloomberg | Getty Images Retail brokerage firm E-Trade announced Wednesday it will drop commission fees on online U.S. stock, ETF and options trades. The move comes within a week of Interactive Brokers, Charles Schwab and TD Ameritrade all dropping their commission fees.
Investing
Traders work on the floor of the New York Stock Exchange on August 14, 2019 Spencer Platt | Getty Images One of the market’s most important players is losing its mojo. Corporate America’s share buybacks, which hit a record of over $1 trillion in 2018 on the back of a tax overhaul, have begun to
Technology companies, which face some of the biggest tariff impacts, have been slashing expectations for third-quarter earnings at a record pace. With the kickoff to the heart of earnings season still about two weeks away, some 29 information technology sector companies have lowered their guidance, which is the biggest number since FactSet starting tracking the
Kathy Huff installs a headlight assembly at GM’s Chevrolet Silverado and GMC Sierra pickup truck plant in Fort Wayne, Indiana, July 25, 2018. John Gress | Reuters U.S. economic growth is expected to have slowed in the third quarter of 2019, according to the Atlanta Federal Reserve’s GDP tracking gauge. The GDPNow model estimates the
CNBC’s Jim Cramer is predicting that shares of Chipotle Mexican Grill could soar to $1,000 each, boosted by its tech initiatives, including partnering with third-party delivery services. “I think Chipotle can go to a thousand. It is a great stock here,” Cramer said Tuesday on “Squawk Box.” The fast-casual stock has nearly doubled in 2019,