An Equal-Weight Spin on Communication Services Investing

This article was originally published on ETFTrends.com. The communication services sector officially launched in September, turning attention to new exchange traded funds such as the cap-weighted Communication Services Select Sector SPDR Fund (NYSEArca: XLC). Now, investors have an equal-weight avenue to playing the communication services sector. The Invesco S&P 500 Equal Weight Communication Services ETF (NYSEARCA: …

Gov: Amazon 'largest jobs commitment' in Tennessee history

Gov. Bill Haslam on Tuesday said an Amazon operations hub expected to create 5,000 jobs in Tennessee will be “the single largest jobs commitment made by a company in Tennessee’s history.” Continue Reading Below Amazon will invest $230 million-plus to locate its Operations Center of Excellence in Nashville Yards, a 15-acre (6-hectare), mixed-use downtown development. …

Oil ETFs Find Footing as Saudi Arabia, OPEC Preps Cuts

This article was originally published on ETFTrends.com. Crude oil-related ETFs finally ended their back-to-back sell off since the end of October as the Organization of Petroleum Exporting Countries and their allies reversed about half the increase in outputs they made earlier this year in face of collapsing prices. On Monday, the United States Oil Fund …

El Chapo's billion-dollar Sinaloa cartel carries on without him

Infamous drug kingpin Joaquín Guzmán Loera, more commonly known as El Chapo – the leader of the Sinaloa drug cartel – is set to go on trial in New York on Tuesday, but his absence hasn’t stopped business at his criminal organization. Continue Reading Below “Though El Chapo has been the leader and architect, ‘cutting …

Federal Reserve meets this week: what to know

The Federal Reserve will meet for two days this week, during which there is expected to be no change to the central bank’s strategy of gradually raising interest rates, despite recent stock market volatility and outside pressure from President Trump to do otherwise. Continue Reading Below Investors widely expect policymakers to keep the target range steady for …

Medicaid scores big in Utah, Idaho, Nebraska voting

Midterm election issues most important to Americans New York Republican Congressional candidate Eliot Rabin, New York Green Party Congressional candidate Scott Hutchins and Wisconsin Independent Congressional candidate Ken Driessen on the midterm elections. On Tuesday, in politically fraught midterm elections across the country that reshaped the House and Senate, three traditionally red states voted to …

Chevron: 3Q Earnings Snapshot

article Chevron Corp. on Friday reported third-quarter net income of $4.05 billion. Continue Reading Below On a per-share basis, the San Ramon, California-based company said it had profit of $2.11. The results beat Wall Street expectations, but Chevron does not adjust its reported results based on one-time events such as asset sales. The average estimate …