Author: super@dmin
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Top Ten: Weekend roundup: Marijuana becomes bitcoin | How investing fads work | Short squeeze candidates
MarketWatch rounds up 10 of its most interesting topics over the past week. 1. Smokin’ marijuana stocks’ Move over bitcoin and ilk: Shares of Canadian marijuana companies went through the roof this week after the U.S. Drug Enforcement Administration approved Tilray’s plan to import a medical cannabis product. (A Republican congressman disagrees.) Tilray’s TLRY, -30.25%…
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Personal Finance Daily: Freezing your credit is now free and why you may want to buy a few extra toys this holiday season
Happy Friday, MarketWatchers! Here are your top personal finance stories of the day. Personal Finance Why you may want to buy a few extra toys this holiday season Toy prices will likely rise as a result of tariffs on Chinese goods. Oh baby! Cribs, bassinets, diaper bags and other infant products on tariff hit list…
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Pot company CEO expects American market to open up
Pot company CEO optimistic the U.S. market could open up The head of a big publicly traded pot company said he’s preparing for potential changes that will make his products available in America. Cannabis is still illegal in the United States under federal law, even though a number of states have legalized marijuana. But Bruce…
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Google discussed promoting pro-immigration search results
Google execs discuss election on internal video Google employees last year considered displaying pro-immigration information when people searched terms related to the Trump administration’s controversial travel ban. In emails obtained by The Wall Street Journal, employees suggested ways to show different results for “Islam,” “Muslim,” terms related to “Mexico,” “HIspanic” and “Latino,” and terms that…
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The CEO of one of India's biggest banks is being forced out
India’s path to double-digit growth One of India’s most prominent bankers is being forced out of his job after more than 14 years. Yes Bank announced Friday that India’s central bank had ordered its founder and CEO Rana Kapoor to step down in January 2019. Its shares crashed nearly 30%, wiping around $3 billion off…
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Retirement planning mistakes you probably don't realize you're making
Planning young: a retirement roadmap Though retirement can be a fulfilling time in people’s lives, it can also be a stressful one. This especially holds true if you fall victim to the following mistakes, so be sure to avoid them at all costs. 1. Relying too heavily on Social Security Millions of seniors collect Social…
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The trade war reaches Procter & Gamble
El-Erian: Investors recognize trade fears are short-term Procter & Gamble, the maker of familiar brands like Tide, Pampers, Gillette and Bounty, has been knocked around the past few years by lackluster sales and new competitors. Its latest headache is President Donald Trump’s trade war with China. For P&G, the Trump administration’s latest round of tariffs…
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Currencies: Dollar bounces higher, but poised for worst week in a month
The U.S. dollar strengthened against its main rivals early Friday in New York, though the currency was still looking at an almost 1% weekly loss, while the British pound pulled back from its highs amid souring sentiment around Brexit negotiations. The ICE U.S. Dollar Index DXY, +0.17% was 0.1% stronger at 94.028 on Friday, but…
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Bond Report: 10-year Treasury yield steadies as focus shifts to Fed gathering
Treasury yields were mostly unchanged on early Friday trading as traders looked ahead to next week’s meeting by the Federal Reserve, where a rate increase is expected. The 10-year Treasury note yield TMUBMUSD10Y, +0.46% was flat at 3.080%, close to a seven-year high at 3.119%. The 2-year note yield TMUBMUSD02Y, +0.32% was up 1.3 basis…
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Dow, S&P 500 records belie festering fear that China and the U.S. ‘are on a collision course’
Is Wall Street ignoring the potential for simmering trade conflicts with China to intensify, upending the stock market’s newfound buoyancy? It may be hard to fathom that consternation tied to President Donald Trump’s hard-line stance with China, Europe and other major economies may bubble up into something more severe for investors after the Dow Jones…