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Monthly Archives: July 2017

China reportedly boosts defense preparations along North Korean border

Petar Kujundzic | Reuters Soldiers of People’s Liberation Army (PLA) stand inside tanks at a drill during an organized media tour at a PLA engineering academy. China has ramped up its defenses along its border with North Korea to ready itself for a potential crisis on the peninsula, The Wall …

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This needs to happen to keep bitcoin boom going: Bank of America

Amid the emergence of new currencies, gold has long been a benchmark for international measures of value. The precious metal backed the U.S. dollar for decades, marking a peg for global currencies. But in 1971, President Richard Nixon suspended the ability for the dollar to be converted into the precious …

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Review: ‘Lessons in Temperament,’ a Memoir of Mental Illness

Photo James Smith in “Lessons in Temperament,” directed by Mitchell Cushman. Credit Katherine Devlin Rosenfeld James Smith was in his first year of college when his older brother Josh asked him, on Facebook, if he had obsessive-compulsive disorder. Mr. Smith ignored the question. “I’d never heard those words before,” he …

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Obamacare and Medicaid specialist Molina Healthcare to cut about 1,400 jobs, memo says

Getty Images A first responder for Livingston County Michigan, draws the blood of Amaria Roberson, age 5 of Flint, to screen her blood for lead on January 26, 2016 at Eisenhower Elementary School in Flint, Michigan. Free lead screenings are performed for Flint children 6-years-old and younger, one of several …

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Shrinking dollar could boost the market and make these stocks winners

The weaker dollar could give Wall Street’s bull more room to run, and boost the earnings growth of multi-nationals and commodities companies in the second half of the year. With the latest drubbing, strategists have been taking a look at the impact of the slumping dollar on corporate profits, and …

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‘Nothing is more important’ than baby boomers for markets

Strategist David Rosenberg named demographics the single most important factor for financial analysts and investors to monitor over the next decade. “If it’s all about ‘follow the money,'” wrote Gluskin Sheff’s Rosenberg, “then it is ‘follow the boomers.'” “Nothing is more important than this if you are looking at what …

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Young Digital Artists, Anxious About … Technology

The sculpture, “Monument I,” had been created for a show about the Hereafter Institute, a fictional organization that now lives only online. It purports to arrange a digital afterlife for its “clients” — preserving their online presence and, through virtual reality, even the memory of their physical existence. On its …

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Why some see even more gains ahead for three industrial giants

Industrial titans are set to report earnings Tuesday morning, and some are looking for impressive results from Caterpillar, United Technologies and 3M. “I am a big believer that we should be overweighting the industrials,” Chad Morganlander, portfolio manager at Washington Crossing Advisors, said Monday on CNBC’s “Trading Nation.” “We believe …

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Jay-Z’s ‘4:44’ Repeats at No. 1 as Hip-Hop Dominates the Top 5

Photo Jay-Z’s “4:44” had a combination of 34 million streams and 61,000 in traditional sales for a total of 87,000 album equivalent units. Credit Matt Winkelmeyer/Getty Images The new Jay-Z album, “4:44,” an intimate, sometimes borderline-uncomfortable self-examination from this 47-year-old rapper (who also happens to be Beyoncé’s husband), is sustaining …

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Alphabet earnings q2 2017

Michael Short | Bloomberg | Getty Images Sundar Pichai, chief executive officer of Google Alphabet reports second quarter earnings after the bell today, and investors are expecting a drop in profit thanks to a $2.74 billion fine European antitrust regulators slapped on its Google unit, and wider losses on its …

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