(Federal Reserve Chair Janet Yellen tours Daley College in Chicago, Monday, March, 31, 2014. AP Images) The Federal Reserve is embarking on an annual summer ritual: Downgrading its overly optimistic forecasts for economic growth and, potentially, preparing for a pause in interest rate increases. Wall Street rallied after Fed Chairwoman Janet Yellen’s testimony to Congress this […]
1000%, 2000%, 3000%, and higher returns are common in the emerging cryptocurrency market. Just last week, a trader posted screen shots showing him turning a $380 speculative bet into over $1 million in less than an hour. While this was a one-in-a-billion stroke of luck, other truly massive longer-term returns are easier to obtain and […]
The sports supplement industry is blossoming, thanks to our fitness-obsessed culture. But do these pills and powders actually help? The experts are not convinced, finds Andrew Griffiths Take one bag of powdered protein, another of carbohydrate, a spot of caffeine, some creatine, a bit of capsicum, some green tea extract, bag them up in various […]
Earnings for the second quarter kick off in earnest next week with JPMorgan Chase (JPM), Citigroup (C) and Wells Fargo (WFC) on the docket. Early indications point to another strong season. S&P 500 companies are expected to report 8% earnings growth on a 4.6% gain in revenues, according to Thomson Reuters I/B/E/S as of July 6. That’s a big reversal from a 2.1% […]
Globalization is making the world more interconnected while technology is advancing at an incredible rate, creating new markets and investment opportunities almost every day. It’s difficult to keep up with growth trends and navigate economic headwinds, but if you can sift through the chaff and zero-in on the diamonds in the rough, you could make […]
With the U.S. economy growing at an anemic 2 percent, there’s one industry that does not have iron poor blood. Niche markets within the larger vitamin and supplement industry are on fire, with some reaching double-digit growth. Although the overall supplements market has been affected by the sluggish economy and occasional regulation issues, it continues […]
Mind the gap. That’s the “action gap” between what Canadians are saving for retirement and what is needed to invest for the new reality of retirement – one that could last 20 or 30 years. According to a recent RBC Financial Independence in Retirement Poll, 46 per cent of Canadians 55 and older reported that […]
There’s a lot of misinformation out there about Social Security that could lead people to believe things about this valuable program that simply aren’t true. Can you spot fact from fiction? Here are seven statements about the program that don’t pass muster. 1. Members of Congress don’t pay into Social Security This isn’t true anymore. […]
The city skyline is seen from a condominium under construction in Toronto, Ontario, Canada, on Tuesday, June 25 2013. Canadas housing agency further trimmed its forecast for housing starts this year amid modest economic and employment growth. Photographer: Brent Lewin/Bloomberg Warren Buffett may have thrown a lifeline to embattled Canadian alternative lender Home Capital Group […]
Former Minnesota Gov. Jesse Ventura — author of the new book “Marijuana Manifesto” It’s news that might stun those who were young and restless during the 1960s, perhaps. New Frontier Data, and Viridian Capital Advisors — which provide marketing intelligence and investment advice to the emerging “cannabis industry” — have news. Cannabis stock grew by […]
Many consumer facing stocks are getting killed today because of Amazon’s acquisition of Whole Foods. But not all. Here are some that might surprise you. A wide variety of stocks are getting killed today after Amazon.com (AMZN) agreed to buy Whole Foods Market (WFM). Grocers like Kroger (KR). Big-box stores like Target (TGT). Pharmacies like CVS Heath […]
Almost every business today faces major strategic challenges, but different companies are challenged in different ways. That’s why so much conventional wisdom surrounding strategy — for example, understanding your external environment — can fall short of what a company needs. Winning today requires you to carefully balance your strengths (what you can do incredibly well) […]
