WASHINGTON (Reuters) - The U.S. federal government ran a $100 billion deficit in October, the first month of the new fiscal year, according to data released on Tuesday by the Treasury Department.The deficit was in line with analysts' expectations.The Treasury said federal spending rose 18 percent from the year-earlier month to $353 billion in October, while receipts were up 7 percent to $253 billi...Read More
(Reuters) - Home Depot Inc (HD.N), the biggest U.S. home improvement chain, suggested on Tuesday that the pace of U.S. home sales was slowing, and said impending trade tariffs could force it to raise prices on some products.The warning from the country’s top seller of power tools, flooring and lawnmowers overshadowed its stronger-than-expected third-quarter results and a higher annual sales...Read More
Karen Freifeld(Reuters) - President Donald Trump is expected to provide written answers to questions from the special counsel probing Russian interference in the 2016 U.S. presidential election as soon as this week, a person familiar with the matter said on Tuesday.The questions from Special Counsel Robert Mueller that Trump is preparing to answer relate only to Moscow’s involvement in the e...Read More
SAN FRANCISCO (Reuters) - Nigeria’s Main One Cable Co took responsibility on Tuesday for a glitch that temporarily caused some Google global traffic to be misrouted through China, saying it accidentally caused the problem during a network upgrade.The issue surfaced on Monday afternoon as internet monitoring firms ThousandEyes and BGPmon said some traffic to Alphabet Inc’s Google had be...Read More
"DIAGNOS Announces Today the Addition of a Strategic Partner in the Country of Mexico -- #ADK $ADK #Diagnos @DiagnosInc #AI #eyehealth #Diabetes #Retina #momentumstocks #artificialintelligence #health #medicalAI $IBM $GOOG --Read the News Release here: https://t.co/kPe4B3aBD6"Read full newsRead More
Apple has never lost more market cap in seven short days... ever.Read full newsRead More
(Kitco News)- Gold prices are expected to quietly move higher through therest of the year into 2019, butone of the world’s top precious metals consultancyfirms said investors shouldn’t expect to see fireworks as there currently isn’tan urgency for diversification.In a recent interview with Kitco News, Philip Newman,director and founding partner of Metals Focus, said that although...Read More
(Kitco News) - Gold prices are expected to quietly move higher through the rest of the year into 2019, butone of the world’s top precious metals consultancy firms said investors shouldn’t expect to see fireworks as there currently isn’t an urgency for diversification.In a recent interview with Kitco News, Philip Newman, director and founding partner of Metals Focus, said that alt...Read More
Osisko Metals (CVE: OM) of Montreal has released results of the drill program at the Titan zone on its Key Anacon property 20 km south of Bathurst. Recent hole KAT-18-08 returned 8.0 metres of massive sulphides grading 9.53% zinc, 3.63% lead, 0.20% copper, and 68.62 g/t silver.The same hole also intersected a separate copper rich zone that assayed 1.18% copper, 0.82% zinc, 0.12% lead and 8.9 g/t s...Read More
Osisko Metals (CVE: OM) of Montreal has released results of the drill program at the Titan zone on its Key Anacon property 20 km south of Bathurst. Recent hole KAT-18-08 returned 8.0 metres of massive sulphides grading 9.53% zinc, 3.63% lead, 0.20% copper, and 68.62 g/t silver.The same hole also intersected a separate copper rich zone that assayed 1.18% copper, 0.82% zinc, 0.12% lead and 8.9 g/t s...Read More
Is it time to prepare for the next financial crisis?Something strange is going on in the financial system.And according to The Wall Street Journal, it's causing some investors- including the biggest banks in the world- to move massive amounts of money out of the banking system.What exactly is going on?Former hedge fund manager, Dr. Steve Sjuggerud, one of the most widely-followed financial analys...Read More
Monday's sell-off was in line with the norm, if this signal is any indicatorAfter a brutal October, U.S. stocks kicked off November with a bang. Specifically, the S&P 500 Index (SPX) enjoyed two straight weekly gains of at least 2% -- something we haven't seen in more than three years. Below, we take a look at what these signals could mean for both the stock index and Wall Street's "fear barometer...Read More
NEW YORK (Reuters) - The euro and sterling rose on Tuesday as Britain and the European Union agreed on a preliminary text for the nation to leave the economic bloc in a bid to avoid a chaotic divorce that would disrupt the region’s economy.The stronger euro and sterling spurred profit-taking in the dollar, which reached a 16-month peak against a basket of currencies on Monday.Uncertainty ove...Read More
NEW YORK (Reuters) - The euro and sterling rose on Tuesday as Britain and the European Union agreed on a preliminary text for the nation to leave the economic bloc in a bid to avoid a chaotic divorce that would disrupt the region’s economy.The stronger euro and sterling spurred profit-taking in the dollar, which reached a 16-month peak against a basket of currencies on Monday.Uncertainty ove...Read More
SANTIAGO - Chilean environmental regulators have rejected plans by Albemarle Corp, the world's top lithium producer, to expand output from the Salar de Atacama salt flat, according to filings with Chile's Environmental Assessment Service (SEA).SEA said in a resolution on Monday that Albemarle's environmental impact statement, which included plans to build a new plant to produce 42,500 tonnes of li...Read More
(Reuters) - Zotye Automobile (000980.SZ), a Ford Motor Co (F.N) partner in China, said on Tuesday it planned to begin selling SUVs in the United States in 2020.Ford is not involved in those plans by the Chinese automaker, spokesmen for the companies said.Ford had tapped Zotye to provide lower-priced electric vehicles to some of its dealers in China.“There is no current plan for Zotye USA to...Read More
Most analysts are already bullish on the nameLeerink resumed coverage on Adamas Pharmaceuticals Inc (NASDAQ:ADMS) with an "outperform" rating and $20 price target -- a nearly 75% premium to last night's close. After surging as much as 6.9% in early trading, ADMS stock was last seen down 1.2% at $11.32.More broadly speaking, it's been a rough stretch for ADMS shares, which have shed 61% year-over-y...Read More
The analyst cited an unusual amount of uncertaintiesAsure Software Inc (NASDAQ:ASUR) is getting hammered today, last seen down 9.2% at $6.46, and it earlier hit a two-year low of $6.27. This puts the shares on pace for a fourth straight straight daily decline, as they continue to pull back from a May high near $20 under the pressure of their 50-day moving average. Today's losses come after Dougher...Read More
The former Dow stock is pacing toward its best day since JuneIt's a mixed session on Wall Street as traders weigh U.S.-China trade news against spiraling oil prices. Among individual stocks making notable moves are former Dow component General Electric Company (NYSE:GE), LED specialist Cree, Inc. (NASDAQ:CREE), and real estate investment trust (REIT) JBG SMITH Properties (NYSE:JBGS). Here's a quic...Read More
The joint venture of Vancouver-based Azincourt Energy and New Age Metals has received assays up to 4.1% lithium oxide from the Silverleaf pegmatite samples at their Lithium One project 125 km northeast of Winnipeg.The results follow a comprehensive ground mapping and sampling field program this summer. High grades were also found in nine samples that exceeded 2% and five samples that exceeded 3%...Read More