Here is the latest Market News from CNN Money.
Gold tiaras are getting pricier
Jewelery prices are going up because investors who buy gold as a safe haven are gobbling up big amounts of the metal.
Monsanto targeted in potential mega-merger
The world’s largest seed seller is the target of a massive takeover bid from Bayer.
Stocks: 6 things to know before the open
Here’s what you need to know about the markets before you start your business day.
Donald Trump’s favorite stocks
Donald Trump calls himself the ‘king of debt,’ but he likes stocks too. He invests heavily in hedge funds, Apple and bonds.
Fed rate hike odds rise for June
Three Federal Reserve Presidents said a June rate hike is a strong possibility after a slew of positive U.S. economic data.
Change the channel on Pandora?
An activist investor wants Pandora to try and sell itself. But analysts say that there may not be any interested buyers.
The party is over for hedge funds. And the hangover could hurt
Hedge funds are struggling a lot these days. They’re failing to beat their targets and investors are yanking money. That’s why many at the SALT hedge fund conference believe hedge fund fees are going down.
Target misses the mark
Target’s sales were lower than expected and the retailer warned of weak second quarter results as well. Target is the latest retailer to disappoint Wall Street, raising more concerns about the financial health of the American consumer.
Stocks: 6 things to know before the open
Here’s what you need to know about the markets before you start your business day.
Japan’s economy bounces back, avoiding recession
The Japanese economy grew more than expected in the first quarter, but officials face stiff challenges ahead.
U.S. problem: I work three part-time jobs
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LendingClub’s fall from grace from rock star status
LendingClub stock has collapsed by two-thirds over the past two months and the online lender has now disclosed a subpoena from the Department of Justice. The turmoil has shaken confidence in the emerging industry.
What’s wrong with Netflix?
Netflix’s stock has been a dog this year, even as momentum darlings Facebook and Amazon continue to head higher. But the company’s main problem isn’t competition or subscriber growth. The stock is just priced for perfection.
George Soros bets big against U.S. stocks
George Soros doubled his negative bet against the U.S. stock market and plunked down nearly $400 million to buy gold and shares of a big gold miner. It’s a sign that the legendary investor is bracing for market turmoil ahead.
How to revive the U.S. economy
The economy is the top issue on American voters’ minds — by far. Here are the top 3 things the next president can do to pump up growth.
Goldman Sachs calls end to cheap oil
Goldman Sachs says oil demand is now outpacing supply and it expects prices to average $50 a barrel in the second half of the year.
Home Depot shines as more Americans nest
Consumers are spending on home improvement items. Home Depot’s sales were better than expected — a rare bright spot in what has been a dismal quarter for many retailers.
Oil prices hit highest level in 7 months
Oil prices are staging a strong recovery and inching towards $50 per barrel due to unexpected supply disruptions in places like Canada, Nigeria and Venezuela.
Stocks: 4 things to know before the open
Here’s what you need to know about the markets before you start your business day.
Mark Cuban: ‘Huge, huge’ losses for stocks if Trump wins
Mark Cuban told CNN that the stock market could plunge more than 20% if Donald Trump wins the White House because investors are deeply uncomfortable with the presumptive GOP nominee’s “flip-flopping.”
U.S. debt dump deepens in 2016
Global central banks sold a net $17 billion in U.S. Treasury bonds in March, a move by central banks to soften the impact of the global slowdown on their economy.
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Revealed: Saudi Arabia owns $117 billion of U.S. debt
Saudi Arabia owned $117 billion of U.S. Treasuries as of March, a person familiar with the matter confirmed to CNNMoney. That answers one of the biggest mysteries in finance and an increasingly important one given rising tensions between the U.S. and Saudi Arabia.
Bernie Sanders: Puerto Rico could leave the U.S.
Bernie Sanders is campaigning in Puerto Rico ahead of the June 5 primary. He says he would let the island be the 51st state or even an independent nation.
Rio Olympics won’t save Brazil
Short-lived benefits from the Summer Olympics in Rio de Janeiro won’t help Brazil turn around its economy, according to Moody’s.
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Oil bankruptcies mount despite crude rebound
SandRidge Energy filed for a Chapter 11 bankruptcy on Monday, making the shale driller one of the biggest oil companies to go bust during the current downturn.
New bombshell lawsuit against Volkswagen
One of Volkswagen’s biggest shareholders — Norway’s state pension fund — is set to sue the automaker for mismanaging its emissions scandal.
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Warren Buffett buys stake in Apple
Warren Buffett’s Berkshire Hathaway discloses a stake in Apple. Shares rally on the news.
Stocks: 4 things to know before the open
Here’s what you need to know about the markets before you start your business day.
America’s top 10 job-killing companies
Donald Trump and Bernie Sanders have heavily criticized Carrier for cutting jobs this year, but Carrier doesn’t even make the top 20 list of job-killing companies.
Famous shortseller thinks Alibaba is shady
Jim Chanos knows something about accounting shenanigans. The billionaire who predicted Enron’s collapse said at the SALT hedge fund conference he thinks Alibaba’s accounting is very questionable.
Nissan to sink $2.2 billion into scandal-ridden Mitsubishi
Nissan just became Mitsubishi Motors’ biggest ally in trying to pull the company out of a massive fuel-efficiency scandal.
Can Brazil’s new president save a crippled economy?
Brazil’s new president, Michel Temer, takes over an economy in a deep recession. Can his team turn the ship around?
Surprise! Americans are shopping again
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How much $$$ do you need to start investing?
These days, you only need $5 to start investing thanks to new apps. CNNMoney explains how to get going with your stocks and bonds.
Stocks: 4 things to know before the open
Here’s what you need to know about the markets before you start your business day.
Mark Cuban: I’d be Clinton’s VP if I can ‘throw bombs’ at Trump
Mark Cuban said Hillary Clinton should tap a running mate who is “someone like me who would just throw bombs at Donald.”
Brazil: 3rd sports minister in 2 months as Olympics loom
Brazil’s new president, Michel Temer, named the country’s third sports minister in 6 weeks on Thursday. The appointment comes less than 100 days before the Olympics arrive in Rio.
The best time to leave your job is…
ADP economist Ahu Yildirmaz analyzed wage data that shows the best time to leave a job is after 3-5 years in the role.
Google is worth more than Apple again
Alphabet, the parent company of Google, is now worth nearly $500 billion — slightly more than struggling Apple. But Google hasn’t exactly had a great year either. Could Amazon and Facebook soon pass both Alphabet and Apple?
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Puerto Rico’s crisis: How did it get so bad?
Puerto Rico is supposed to be America’s paradise island. Instead it’s become famous for its $70 billion debt crisis. CNNMoney explains how it got so bad.
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