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Economy

“Yuan rises as US lifts China’s currency manipulator label”

“The Chinese yuan strengthened Tuesday to its highest level in more than five months as the United States removed China from its currency manipulator list. The US Treasury Department on Monday stripped away its designation of China as a currency manipulator, days… Continue Reading…

Economy, Stocks

“Opinion: For stocks and the economy, it’s going to be the Roaring Twenties”

“Overcrowding and pollution will become less urgent, thanks to plateauing populations and paradigm-changing green technologies—electric cars and renewable power. Energy and other commodity prices will stay manageable and capital super abundant, not in constrained supplies as was the constant worry in the closing decades of the… Continue Reading…

Economy

“…U.S. payrolls jump by 266,000, smashing expectations”

“The U.S. economy added far more jobs than expected in November and the joblessness rate edged down to a 50-year low, as the domestic labor market continued to fire on all cylinders. Change in non-farm payrolls: +266,000 vs. +180,000 expected and +156,000 in… Continue Reading…

Economy, Stocks

“The global economy is ‘bottoming out,’ and that’s good news for stocks, says Deutsche Bank”

““There are signs that the global economy is bottoming out. We now expect an improvement in global growth next year,” write Henry Allen, Quinn Brody and Jim Reid, in a new report… They expect global growth of 3.1% this year… Continue Reading…

Stocks

Bad News: “SELLAS Announces Reverse Stock Split”

“SELLAS Life Sciences Group, Inc. (Nasdaq: SLS) (“SELLAS” or the “Company”), a clinical-stage biopharmaceutical company focused on the development of novel cancer immunotherapies for a broad range of cancer indications, today announced that it filed a certificate of amendment to… Continue Reading…

Stocks

“Dow Jones Jumps 150 Points On China News; Apple, Roku Rally On Analyst Actions”

“The stock market was sharply higher early Wednesday after Bloomberg News reported China was “still open to reaching a partial trade deal with the U.S.” as long as the U.S. would hold off on imposing more tariffs. The Dow Jones… Continue Reading…

Stocks

Penny Stock To Own? “…SELLAS Life Sciences Group, Inc., (NASDAQ: SLS)”

“The EPS of SLS is strolling at -1.49, measuring its EPS growth this year at 69.8%. As a result, the company has an EPS growth of 64.3% for the approaching year… Analyst’s mean target price for the company is $1.75 while analysts… Continue Reading…

Business, Economy, Stocks

Big Tech Companies To Be Broken Up? Anti-Trust Fight Begins

“Last month, Sen. Elizabeth Warren made headlines by releasing a plan to break up tech giants like Facebook, Google and Amazon… Americans for Prosperity, a political advocacy group backed by billionaire Charles Koch, is currently running a two-week long targeted… Continue Reading…