© Reuters. A logo of CVS Health is displayed on a monitor above the floor of the New York Stock Exchange shortly after the opening bell in New York (Reuters) – Drugstore chain CVS Health Corp (NYSE:) joined Walmart (NYSE:) Inc in announcing it will s...
Intercorp Financial Services (NYSE:IFS) is the fourth largest bank in Peru and provides financial products and services in the country. Its main divisions are banking, insurance, and wealth management. The stock price decreased by 32% year-to-date (Y...
For those of us involved in the cryptocurrency space, we’ve gotten used to the fast-paced nature of this rapidly growing industry. New technology quickly becomes old, bright shiny projects lose their luster, and what started out as a few privacy advo...
President Trump said on Friday that he would reschedule a June 19 campaign rally in Tulsa, Okla., succumbing to calls to change the date of the event that falls on a holiday that marks the end of slavery in the U.S. Via Twitter late Friday, Trump sai...
One month has passed since the 2020 Bitcoin (BTC) miner reward halving, and a lot has happened for the predominant cryptocurrency since then. From changes in investor and trader behavior to an exponential growth in institutional interest, the halving...
© Reuters. New York Stock Exchange opens during COVID-19 By David Randall NEW YORK (Reuters) – As the U.S. economy begins to emerge from the sharp slowdown during the coronavirus pandemic, some fund managers have been drawn to value stocks, a sector...
Protesters in Lebanon have set fire to the central bank in Tripoli in a show of anger with the country’s deepening economic crises and stagnant political orthodoxy. Joyce Karam of United Arab Emirates-based media outlet TheNational reported June 11 t...
We took a brief hiatus from our weekly series Open Insights to update our oil thesis. Here are our most recent thoughts. We’re now back to looking at the EIA’s Weekly Petroleum Status Report (“WPSR”) for the week of June 5, 2020. EIA reported a crude...
Alternative investment firm Wilshire Phoenix has filed an S-1 registration statement with the U.S. Securities and Exchange Commission, or SEC, for a publicly traded Bitcoin Fund in line with regulation. The registration reads: “The Shares will provid...
Investors usually must contend with a trade-off between income and growth. Not so with the Reaves Utility Income fund, which has a 6.48% dividend yield and performance that has beaten the S&P 500 Index US:SPX over the past 10 and 15 years. That’s...