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The top two cannabis companies in the world have revealed their latest earnings reports and the picture is far from encouraging.Aurora Cannabis (NASDAQ:ACB) (TSX:ACB) and Canopy Growth (NASDAQ:CGC)...
Wall Street is debating whether the Federal Reserve might announce an emergency interest rate hike soon. Recent data released by the Labor Department shows inflation at 7.5%, the highest level in...
Investors in US Treasuries are being squeezed between the rock of Russia’s threat to Ukraine and the hard place of surging inflation. The consumer price index for January registered a 7.5%...
There are various ways to describe the current rally in gold. Exciting, promising, enduring—they all fit.One word, however, doesn't apply: parabolic.Parabolic is what the oil rally...
Investors are finding it tricky to insulate themselves from the possible Russian incursion into Ukraine. The US and Europe are threatening harsh economic sanctions which may or may not be effective...
The fast and furious spread of Omicron this winter disrupted the budding recovery that the travel and tourism industry was hoping for in 2022. This after two years of pandemic-related lockdowns and...
Global markets slump on heightened geopolitical tensions Gold futures surge Commodity volatility accelerates Key EventsOn Monday, futures contracts for the Dow Jones, S&P 500, NASDAQ and Russell...
Shares of interactive fitness platform Peloton have lost over 77.5% in the past 12 months. Once loved as a pandemic growth story, PTON stock is now considered an acquisition target. Long-term...
In January, US consumer prices charged higher as the Consumer Price Index (CPI) for All Urban Consumers (CPI-U) went up by 0.6%. Inflation now stands at 7.5%, the highest figure in four decades.A...
They had waited seven years but oil bulls may now need to wait not even seven days to return to $100 pricing. As the Ukraine crisis remained on the boil at the start of another week, crude...
The head of the St. Louis Federal Reserve Bank, James Bullard, is a voting member of the Federal Open Market Committee this year and he wants policymakers to raise the Fed’s key interest rate by...
Inflation data blew past expectations, pressuring Fed to increase tightening The US warns of retaliation if Russia invades Ukraine With the same risk themes still in play, along with the added...
During the past few weeks, after some of the largest US companies released strong earnings results, investors will be turning their focus to the volatile macroeconomic environment where potential...
Stocks on Wall Street tumbled on Friday, with the benchmark S&P 500 index breaking below key levels to wrap up another volatile week in financial markets amid worries over soaring inflation and...
Many people have marked Valentine's Day, Feb. 14, on their calendars. The annual festivity has evolved to one of the year’s most lucrative shopping seasons in the US. Therefore, Wall Street pays...
After a year of underperformance, a better-than-expected earnings report on Wednesday suggests that the Burbank, California-based Walt Disney (NYSE:DIS) may be getting some of its magic back. The...
Disney's (NYSE:DIS) stock surged in after-market trading as much as 9% after the entertainment giant surpassed earnings estimates when it reported results yesterday. At the time of writing, the...