BEIJING–China’s foreign-exchange reserves fell to the lowest level in nearly six years last month, testing the central bank’s resolve to control the weakening yuan’s descent to a pace it dictates.
The People’s Bank of China said Saturday that the world’s largest stockpile of foreign currency plunged by $41.08 billion in December to $3.011 trillion, the....More>>>
The legal marijuana industry has expanded to 28 states and the District of Columbia, and there is one clear winner: U.S. workers.
In Oregon alone, the positive economic impact is especially apparent.
According to the “Cannabis Employment Estimates” from Whitney Economics, the average wage of cannabis workers (who directly touch the plant) is $12.13 an hour as of Feb.....More>>>
Almost half of financial firms reported being examined by regulators in the last 12 months, according to Smarsh’s 2017 Electronic Communications Compliance Survey, and examiners are looking more closely at firms’ communications.
However, although firms have increased their efforts to meet compliance requirements regarding electronic communications with clients, significant gaps....More>>>
Athletic footwear and apparel company Nike (NYSE:NKE) has been around since 1964. As the retail market has been facing tough competition against e-commerce business, how has Nike been holding up? Well, since the company’s financials continuously look better each year and it’s outperforming its competition, the popular company should be on investors’ minds right now.
The stock market is in a primary bull market. This is based on the Dow Theory, the Richard Russell Primary Trend Index (PTI) and other reliable stock market indicators, explain Matt Kerkhoff in Dow Theory Letters.
Richard Russell –- editor of Dow Theory Letters from 1948 until his passing in 2015 — wasn’t just a student of the markets, he was a student of human behavior.....More>>>
It would be fair to say biotech has had an interesting time of it over the course of the past 15 months. Except, of course, that biotech always has an interesting time of it. The go big or go home sector of the market attracts speculators, scientists, and unsavory characters, but also attracts people hoping for critical improvements to their healthcare options.
With a lot of sentiment and....More>>>