WASHINGTON (Reuters) - U.S. consumer prices accelerated in the year to May, with a measure of underlying inflation hitting the Federal Reserve's 2 percent target for the first time in six years.The rise in price pressures reported by the Commerce Department on Friday will probably not shift the Fed from its stated path of gradual interest rate increases as policymakers have indicated they would no...Read More

The company made the announcement this morningShares of Ocular Therapeutix Inc (NASDAQ:OCUL) are down 2.2% at $7.09 in early trading, after the company announced its New Drug Application (NDA) resubmission for its eye pain drug DEXTENZA, to the Food and Drug Administration (FDA). The company's President and CEO Antony Mattessich said it has made "substantial improvements" in the manufacturing of...Read More

WBA options have been very popular Walgreens Boots Alliance Inc (NASDAQ:WBA) shares have been getting hammered, shedding nearly 10% in yesterday's session alone after Amazon scooped up online pharmacy PillPack for a reported $1 billion in cash. WBA stock touched a more than three-year low of $59.07 before closing at $59.70, bringing its year-to-date deficit to 17.8% -- even though Walgreens CEO St...Read More

SHENZHEN, China/HONG KONG (Reuters) - Chinese telecoms giant ZTE Corp announced a new board on Friday in a radical management shakeup as part of a $1.4 billion deal with the United States, moving it closer toward getting a devastating American supplier ban lifted.The United States slapped the crippling seven-year supplier ban on ZTE, China’s No. 2 telecommunications equipment maker, in April...Read More

The management team of a Toronto and Vancouver based mining company, First Mining Gold Corp. believes the Hope Brook mine, located 20 kilometers west of Burgeo, could be the source of a gold boon for... | juin 23,2018Read full newsRead More

Today's upside gap is running out of steam near the stock's 50-day moving average ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) stock is up 11.5% to trade at $16.80, after the Food and Drug Administration (FDA) approved new capsule dosing formulation and tablet strength for Nuplazid, the company's treatment for Parkinson's disease. ACAD is now pacing for its best day since Aug. 9. Today's surge runs...Read More

BENGALURU (Reuters) - An inversion in U.S. Treasury yields, a solid and reliable predictor of past recessions, is at most two years away and perhaps only a year off, according to bond market experts polled by Reuters who have brought their forecasts nearer.While there is still plenty of optimism around the global economy, there are signs that growth in several economies has already peaked, putting...Read More

LONDON (Reuters) - European refiners are cutting purchases of Iranian oil faster than expected as the U.S. prepares to reimpose sanctions on Iran, threatening a more severe impact than the last round of punitive measures in 2012 even though the EU has not joined in.Washington said that companies would have to wind down their activities with Iran by November 4 or risk exclusion from the U.S. financ...Read More

Australia's Lucapa Diamond (ASX:LOM) has found an 89-carat yellow diamond at its 70%-owned Mothae mine in Lesotho during the current bulk sampling program.The company's managing director, Stephen Wetherall, said the recovery of such a large diamond so early in the bulk sampling program provided further proof that, just like the neighbouring Let??eng mine, Mothae is another source of large diamon...Read More

Australia's Lucapa Diamond (ASX:LOM) has found an 89-carat yellow diamond at its 70%-owned Mothae mine in Lesotho during the current bulk sampling program.The company's managing director, Stephen Wetherall, said the recovery of such a large diamond so early in the bulk sampling program provided further proof that, just like the neighbouring Let??eng mine, Mothae is another source of large diamon...Read More

I have just returned from the annual Yukon Mining Alliance (YMA) Investment & Media Tour with a deeper understanding of the geologic history in the westernmost of Canada's three federal territories. Each year the YMA invites a select group of both industry professionals and resource investors on a 6-day whirlwind tour of numerous mine site camps throughout the region. The schedule and logistic...Read More

I have justreturned from the annual Yukon Mining Alliance (YMA) Investment & Media Tour with a deeper understanding of the geologic historyin the westernmost of Canada's three federal territories. Each year the YMAinvites a select group of both industry professionals and resource investors ona 6-day whirlwind tour of numerous mine site camps throughout the region. Theschedule and logistics of...Read More

U.S. stocks are set to follow their global counterparts higherFutures on the Dow Jones Industrial Average (DJI) are signaling a higher open, with bank stocks catching a lift after most big lenders -- including Wells Fargo (WFC) and Citigroup (C) -- passed the second round of the Fed's annual stress tests. Traders are also cheering solid overnight gains in Asia, as well as a strong start to the ses...Read More

The management team of a Toronto and Vancouver based mining company, First Mining Gold Corp. believes the Hope Brook mine, located 20 kilometers west of Burgeo, could be the source of a gold boon for... | juin 23,2018Read full newsRead More

NKE stock is expected hit a new record high at the openNike Inc (NYSE:NKE) is set for a big session, after the athletic apparel retailer unveiled a blowout earnings report. A round of bullish brokerage upbeat analyst notes is only fueling the bullish flames, with NKE stock up 10.9% in electronic trading -- on track to open at a record high.For the fiscal fourth quarter, Nike reported adjusted prof...Read More

There have been some ugly periods in history for gold and silver, but this is one of the ugliest. Neither goldnor silver can catch a bid as they both continue to take the elevator down, making new lows almost every day. Sellers meet every rally attempt, whether it's the commercials or the banks; there is a 1,000-pound gorilla sitting on top of the market. The situation is starting to appear hopele...Read More

There have been some ugly periodsin history for gold and silver, but this is one of the ugliest. Neither goldnor silver can catch a bid as they both continue to take the elevator down,making new lows almost every day.Sellers meet every rally attempt,whether it's the commercials or the banks; there is a 1,000-pound gorillasitting on top of the market. The situation is starting to appear hopeless, a...Read More

GENEVA (Reuters) - President Donald Trump has repeatedly told top White House officials he wants the United States to withdraw from the World Trade Organization, a move that would be potentially calamitous for global commerce, the news website Axios reported on Friday, citing people involved in the discussions.One person who has discussed the subject with Trump, according to Axios, said the presid...Read More

(Reuters) - Ford Motor Co’s (F.N) long-time top lobbyist is leaving the No. 2 U.S. automaker to join Japan’s Softbank Group (9984.T), which is muscling up its Washington efforts, a person briefed on the matter confirmed on Friday.Ziad Ojakli, a Ford group vice president who has led the Detroit auto maker’s government relations strategy since 2004, will leave the company in two we...Read More

SHANGHAI (Reuters) - Asian share markets rallied from nine-month lows on Friday, after China eased foreign investment limits, but underlying sentiment was dampened by worries over trade frictions a week before initial U.S. and Chinese tariffs were set to take effect.MSCI’s broadest index of Asia-Pacific shares outside Japan was 1 percent higher, while Australian shares were flat.Japan’...Read More