Here are three reasons why Amazon’s move into drug delivery could be a game changer
Amazon’s interest in the prescription drug business as ripe for disruption took a huge leap forward with Thursday’s announcement that the e-commerce giant is buying online pharmacy PillPack. While the start-up is relatively small with about $100 million in revenue...
FX: Institutional trading restrictions limit risk mitigation, research suggests
Research conducted by JPMorgan Chase Institute suggests greater trading flexibility could help institutional investors navigate market-moving events. JPMorgan Chase Institute analysed institutional investor trading behaviour before, during and after three events: the decision of the Swiss National Bank to remove...
US first-quarter growth slowed more than estimated, weighed down by the weakest consumer spending in nearly 5 years
The U.S. economy slowed more than previously estimated in the first quarter amid the weakest performance in consumer spending in nearly five years, but growth appears to have since regained momentum on the back of a robust labor market and...
US weekly jobless claims rose more than expected last week
The number of Americans filing for unemployment benefits increased more than expected last week, but the trend in claims remained consistent with a tightening labor market. Initial claims for state unemployment benefits rose 9,000 to a seasonally adjusted 227,000 for...
A rally in stocks is coming but Trump isn’t finished on trade, investment bank warns
A relief rally in stocks will arrive in October but President Donald Trump isn’t finished with his trade demands, according to an investment bank specializing in emerging market assets. The threat of U.S.-led protectionism has sent capital flowing out of...
Bahrain’s allies offer aid, but it’s likely to come with strings attached
Bahrain’s neighbors and allies said they are discussing a program to support the kingdom’s public finances, but one analyst told CNBC that the support is likely to come at a political price. Saudi Arabia, Kuwait and the United Arab Emirates...
Citi’s plan for its fastest-growing region: Fewer branches, more online
Citibank is closing down branches in its fastest-growing region — but the American banking group said that’ll actually help it do better than ever. The lender’s consumer business in Asia, its largest outside North America, registered its seventh consecutive quarter...
After-hours buzz: PIR, BBBY & more
Check out the companies making headlines after the bell: Shares of Pier 1 Imports plummeted more than 15 percent in extended-hours trading after the retailer reported weak sales. The popular home decor company saw same-store sales drop 8.2 percent, compared...
Debt for US corporations tops $6 trillion
The debt load for U.S. corporations has reached a record $6.3 trillion, according to S&P Global. The good news is U.S. companies also have a record $2.1 trillion in cash to service that debt. The bad news is most of...
Kudlow rejects notion that US has softened its stance toward China
White House economic advisor Larry Kudlow said the administration’s revised approach towards China shouldn’t be characterized as a retreat. The director of the National Economic Council instead characterized the decision to use a committee to determine when Chinese-owned companies should...
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Trading education
Introduction to Basic Trendline AnalysisIn this series we will piece together the anatomy of a swing trade and discuss ... 
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Daily Forex Trading Course Walkthrough: Part FiveForex Trading Course Walkthrough Talking Points: This is the fifth of a ten-part series in ... |