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Monthly Archives: December 2017

US stocks open higher; commodity price gains in focus

Brendan McDermid | Reuters Traders gather for the IPO of Singapore-based Sea Limited on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 20, 2017. U.S. stocks opened higher Thursday as investors remained relatively confident about future economic growth. Commodity prices, typically an indicator on …

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Analyst is ‘cautious’ on Apple iPhone sales due to mixed China data

VCG | Getty Images Apple CEO Tim Cook attends China Development Forum 2017 – Economic Summit at Diaoyutai State Guesthouse on March 18, 2017 in Beijing, China. The market’s anticipation of strong sales from the new iPhones drove Apple shares much higher this year, but now one Wall Street firm …

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China’s Belt and Road partnerships you need to know about

Aamir Qureshi | AFP | Getty Images A Chinese worker sits near trucks carrying goods during the opening of a trade project in Gwadar Port, Pakistan, on November 13, 2016. Pakistan The China Pakistan Economic Corridor (CPEC) is a partnership between the two Asian neighbors comprising of approximately $60 billion …

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Roy Moore files suit to block certification of Alabama senate election result

Jonathan Bachman | Reuters Roy Moore speaks during a rally in Midland City on Dec. 12, 2017. Republican Roy Moore filed a lawsuit to try to stop Alabama from certifying Democrat Doug Jones as the winner of the U.S. Senate race. The court filing occurred about 14 hours before Thursday’s …

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Bitcoin drops 11% as South Korea moves to regulate cryptocurrency trading

Dan Kitwood | Getty Images A visual representation of the digital Cryptocurrency, Bitcoin on October 24, 2017 in London, England. Bitcoin fell on Thursday, marking the latest gyration following a major sell-off at the end of last week. The cryptocurrency fell as low as $13,672.16 on Thursday — an 11 …

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Putin says St Petersburg supermarket bombing was an act of terrorism

Sergey Mihailicenko/Anadolu Agency/Getty Images Security forces are seen outside the supermarket in Kalinina Square after an explosion in St. Petersburg, Russia on December 27, 2017. A total of nine people were injured after an explosion hit a store in St. Petersburg, Russia. Russian President Vladimir Putin said on Thursday that …

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South Korea says ‘comfort women’ deal with Japan is flawed

Jung Yeon-Je | AFP | Getty Images A statue of a ‘comfort woman’ is displayed in an installation of empty chairs set up in central Seoul to commemorate the death of eight former sex slaves. South Korean President Moon Jae-in said on Thursday that a 2015 agreement with Japan over …

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Trump’s lawyers reportedly want to cast Michael Flynn as a liar

Brendan Smialowski | AFP | Getty Images Gen. Michael Flynn, former national security adviser to US President Donald Trump, leaves Federal Court December 1, 2017 in Washington, DC. President Donald Trump’s lawyers in the Russia investigation want to undermine the credibility of ex-national security advisor Michael Flynn if he alleges …

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After-hours buzz: DRAD & more

Spencer Platt | Getty Images News | Getty Images Traders work on the floor of the New York Stock Exchange on January 31, 2014 in New York City. Check out the companies making headlines after the bell: Digirad stock shot up close to 18 percent in the extended session. The …

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The Nasdaq is on track to do something it’s never done before

Ander Gillenea | AFP | Getty Images A man incarnating a ‘Toro de Fuego’ (bull of fire) chases people during the San Fermin Festival on July 8, 2017, in Pamplona, Spain. The Nasdaq composite is on track to make history this week should its monthly gain hold through Friday’s close. …

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