Investment professionals like to joke that the so-called carry trade is akin to picking up pennies in front of a steamrollera reference to how leverage can quickly and dramatically magnify losses, transforming even a mild selloff into a painful loss.
For those unacquainted with investing jargon, the carry trade is a popular strategy that involves borrowing in a currency with low interest....More>>>
May 1, 2017: Markets opened higher on Monday following an agreement that keeps the federal government solvent through the end of September. Blue chips have shown very little gain today, with telecom and utilities performing worst and tech and financials performing best. WTI crude oil for June delivery settled at $48.84 a barrel, down 1% on the day. June gold also dropped 1% for the day to settle....More>>>
In an agewhen vending machines can dispense anything from lipstick to headphones, perhaps it was only a matter of time before the industry would dream up a new, automated way to help people stock up on marijuana.
American Green, a Phoenix-based medical-cannabis technology company, has unveiled a prototype for a vending machine that uses biometric verification technology to sell controlled....More>>>
Shares of Radius Health (NASDAQ:RDUS) rose over 20% Monday morning after Amgen (NASDAQ:AMGN) announced worrisome complications were discovered during a phase 3 trial for its osteoporosis drug candidate, Evenity. While the drug candidate met its primary endpoint in a more than 4,000-patient phase 3 study, a high rate of serious heart-related side effects were discovered. The....More>>>
It would be a truly Olympic feat.
A start-up backed by Japanese automaker Toyota revealed a rudimentary prototype of a flying car, aiming to whisk a driver through the air to light the Olympic torch in Tokyo in summer 2020.
Although the start-up is not officially collaborating with Toyota, the automakerconfirmed to USA TODAY that it is exploring “aerial solutions” on its....More>>>
McDonald’s (NYSE:MCD) delivered growth in earnings per share. It was a great earnings release. Moderate growth in same-store sales and declining share count made growth in EPS easier to achieve. Over the last few months, McDonald’s share price declined, but that may have as much to do with the increase in bond yields as it does with the actual company. Dividend Champions across the board....More>>>