The Traderszone Network

Jump-starting economic growth has relied too much on the Fed and not enough on fiscal policy, French economist and author Thomas Piketty tells CNBC.

In the summer of 2011 a group of traders including Phil Mickelson and Las Vegas gambler Billy Waters reportedly made several million dollars trading call options in shares of Clorox just days before billionaire Carl Icahn announced an unsolicited bid for the company. Nearly 3 years later the FBI confronted Mickelson at a tournament in Ohio last week, seeking more information.

The Standard & Poor’s Total Return Index of 24 commodities fell for the first time since January, led by crops, natural gas and precious metals. The Standard & Poor’s GSCI Spot Index of 24 commodities slid 0.4 percent, led by losses of at least 13 percent for coffee and wheat.

There have been many surprises, as M&A heats up and yields decline, writes Phil van Doorn.

The company needs a new franchise to get the stock moving again.

All the elements are there — money, sex, scandal, race and sports, writes Jon Friedman.
read more

Oil futures edge lower Monday, as an earlier boost from better-than-expected Chinese manufacturing data fades in the wake of a disappointing U.S.

read more