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The knock-on effects of higher interests is the key risk I’m following these days. You may have seen headlines about the risk of rising interest rates. The 10-Year Treasury yield now sits above the 3% line. You see, the interest rate is at the heart of doing business. As interest rates rise,...

Bitcoin and other cryptocurrencies have been hot for several years, but we haven’t seen anything like 2017’s record high of more than $19,000. Although, between January and March 2018, Bitcoin drastically fell 45% from $13,412.44 to $7,266.07. This decline seems to be caused by the...

Shares of Mattel, Inc. (NASDAQ: MAT) have underperformed the industry in the past six months. The company seems to be banking on its strategic investments in emerging markets and key power brands — Barbie, Hot Wheels and Fisher-Price — to drive growth. Let's delve deeper and find...

Novartis (NYSE: NVS) announced that its generic arm, Sandoz, obtained approval for Zessly, a biosimilar version of Johnson & Johnson (NYSE: JNJ)'s Remicade, in Europe. Zessly is approved for use in all indications of the branded drug including rheumatoid arthritis, adult Crohn's...

Wealth inequality has reached a flash point in the United States. The world’s top economists are proposing radical solutions for closing the disparity, and the “Baby Bonds” proposal may be one of the most interesting ideas yet: Darrick Hamilton and William Darity want to give...

Public Service Enterprise Group Inc. (NYE:PEG) subsidiary Public Service Electric and Gas Company (PSE&G), recently got the regulatory go-ahead to start operations for the next phase of its Gas System Modernization Program (GSMP II). The approval for the multi-party settlement was granted by...

Intel (NASDAQ: INTC), Alphabet (NASDAQ: GOOGL)'s Google and Microsoft (NASDAQ: MSFT) recently revealed two new security bugs, namely Speculative Store Buffer Bypass or Variant 4 and Rogue System Registry Read. The new flaws resemble the Spectre and Meltdown issues that had surfaced earlier this...

This morning we received updated data for US mortgage applications. The reading suggests that higher rates are in fact hurting applications. As shown below, the 30-year mortgage rate now sits at roughly 4.6%, the highest level in nearly 7 years. Higher rates have led to steady declines in...

Fears of a trade war between the United States and China had gripped markets over the last two and a half months. However, the fears somewhat subsided after Treasury Secretary Steven Mnuchin on May 20, said that tariffs against China have been put on hold. This saw markets finally bouncing back on...

The U.K's Crown Court dismissed all the charges brought by the Serious Fraud Office (SFO) against Barclays PLC (NYSE: BCS), relating to its series of fund raisings from Qatar Holding LLC in 2008. Details of the Fund Raising Back in 2008, during the peak of the financial crisis, Barclays...

Qualcomm Incorporated (NASDAQ: QCOM) has introduced the industry's first 5G NR (New Radio) solution for small cells and remote radio head deployments via its subsidiary Qualcomm Technologies, Inc. The announcement was made by the company at The Small Cells World Summit 2018 in London. Qualcomm...

Oil production is surging in Canada but producers are far from happy as their profit margin is sinking and they are striving to stay competitive with their U.S. counterparts. While upstream companies like Marathon Oil Corporation (NYSE: MRO), Hess Corporation (NYSE: HES) and others are enjoying the...

Last week, Barclays (NYSE: BCS) acquired £4.3 billion ($5.8 billion) worth of Irish residential mortgage loans from Lloyds Banking Group (NYSE: LYG). The portfolio comprises around 27,000 mortgages, originated between 2004 and 2010. Of the total loans acquired, nearly £300 million are...

The Middleby Corporation (NASDAQ: MIDD) has been trying to strengthen its business on the back of numerous acquisitions, but the ongoing brand consolidation and restructuring moves have been depressing the company's revenues and profitability. Middleby recently announced that it has inked a...

The big headline out early on Monday is that Italy is likely to be run by a novice. Giuseppe Conte — a little-known 54-year-old professor who specializes in public administration law and has hardly any political experience — has emerged as the frontrunner to be prime minister for Italy...