-
These Companies Were Non-Existent When President Obama Took Office; Today They Are Worth Billions
Monday, December 19, 2016 - 4:38pm | 264President Barack Obama's second term will come to an end in just a few short weeks. CNBC took the opportunity to list several companies that are now valued at more than $1 billion — dubbed "unicorns" within the venture capital community. These are all impressive stories of entrepreneurship...
-
Dallas Police Shootings Have Investors Buying Gun, Body Camera Stocks
Friday, July 8, 2016 - 7:55am | 324Gun manufacturers saw their stocks trading higher early Friday morning after a deadly shooting in downtown Dallas. Three people were in custody while a fourth suspect exchanged gunfire with police authorities. A sniper shot 11 officers, five fatally. Downtown Dallas was in lock-down early...
-
White House To Loosen Controls On Heroin Addiction Treatment
Wednesday, July 6, 2016 - 9:00am | 308The Wall Street Journal recently reported President Obama’s administration will loosen its strict controls on a medication called buprenorphine, which is used to treat addiction to heroin and other opioid-based drugs. The Department of Health and Human Services up until now only allowed...
-
After Leaving The White House, President Obama May Look To NBA Hoops
Thursday, June 23, 2016 - 3:20pm | 225President Barack Obama is leaving office in January after serving two consecutive terms in the White House. So what's on his agenda after he retires from office? A return to the classroom? Practicing law? Dedicating his life to philanthropy? None of the above. Not even close. At least not according...
-
John McCain Says President Obama's Security Decisions Led To Orlando Attack
Friday, June 17, 2016 - 7:28am | 260Senator John McCain was quoted as saying that President Barack Obama was "directly responsible" for the deadly terrorist attack in Orlando, Florida, in which a shooter pledged allegiance to ISIS and murdered nearly 50 people at a gay nightclub. According to The Washington Post, McCain...
-
Many Americans Paying Higher Energy Prices Due To Cancelled Fossil Fuel Projects
Thursday, June 2, 2016 - 11:15am | 325Abandoned and rejected U.S. fossil fuel pipelines and other projects may be partially responsible for your high energy bill. According to the Wall Street Journal, the combination of public backlash against fossil fuels and poor economics due to lower commodity prices has resulted in more than $33...
-
Senate Likely To Repeal Obama's Retirement Advice Protection Rule
Tuesday, May 24, 2016 - 10:22am | 342On Tuesday, the Senate will vote on repealing a new rule aimed at protecting retirees from being preyed upon by financial brokers. President Barack Obama released the new rule in April, which requires brokers to operate with their clients’ best interest in mind. In the past, these brokers...
-
U.S. Lifts Arms Ban On Vietnam As Tensions Over The South China Sea Fester
Monday, May 23, 2016 - 10:58am | 309President Barack Obama, the third U.S. president to visit Vietnam since 1995, has made Asia the crux of his foreign policy, Reuters reported. The United States has lifted its embargo on sales of lethal weapons to Vietnam in a step toward a mutually beneficially relationship between the two...
-
Intrexon, Inovio, Cerus Tick Higher Following President Obama's Zika Comments
Friday, May 20, 2016 - 1:03pm | 337The U.S. House of Representatives approved a new Republican-backed bill on Wednesday that aims to combat the Zika virus. While the bill would provide $622 million to fight the virus, the dollar amount is actually less than one-third of what President Barack Obama was previously seeking....
-
Wall Street Displeased With Trump's Call To Denudate Dodd-Frank Law
Thursday, May 19, 2016 - 2:24pm | 520U.S. banking lobbyists disagree with presidential candidate Donald Trump's call to scrap President Barack Obama's Dodd-Frank law, despite Trump's justification (and some shared sentiments) that the law is overly burdensome, according to a Reuters report. The Dodd-Frank law, which was enacted after...
-
Is The Overtime Rule Bad For Workers?
Thursday, May 19, 2016 - 12:14pm | 294President Barack Obama issued a new government regulation affecting workers making between $23,660 and $47,476. As part of the new decree, workers who fall under this bracket will be entitled to overtime pay. The upper limit of the bracket will also be increased every three years in accordance with...
-
Busting Another Election Year ETF Myth
Tuesday, May 17, 2016 - 2:33pm | 564In this space on Monday, we highlighted one of the most ridiculous election year myths pertaining to exchange-traded funds. The myth being: A victory by Democrat Hillary Clinton would be a boon for alternative energy ETFs. As was noted, the current bull market performances of alternative energy...
-
The Investment Case Against Sugar
Monday, May 16, 2016 - 12:00pm | 333Sugary drinks are not only bad for your health, they may also be bad for your investment portfolio. CLSA analyst Brian Doyle recently spoke with endocrinology and obesity expert Dr. Robert Lustig about the food industry’s long-term impact on the health of consumers. Dr. Lustig, who is a...
-
SALT 2016: John Boehner Talks Real Issues In Real America
Thursday, May 12, 2016 - 2:01pm | 517The SkyBridge Alternatives Conference (SALT) is a congregation of experts in various sub-industries throughout the United States, each of whom have come together to facilitate balanced discussions and communication. Speaker John Boehner sat for a one-on-one with Democratic activist Steve...
-
Cuba To Lift Cruise Ship Ban For Citizens, Clears Way For Carnival Voyage
Sunday, April 24, 2016 - 4:47pm | 304Carnival Corp (NYSE: CCL) said it would start its "historical voyage" to Cuba as planned on May 1 after Cuba lifted a ban on Cuban-born citizens entering and leaving the country by commercial vessels. Cuba's decision comes after President Obama's historic visit to the island in March. In a press...