Gold edges higher amid limited dollar follow-through from hawkish Fed minutes

Gold futures edged higher in Thursday trading, holding near the multimonth high hit earlier this week, with moves in dollar trading subdued and cautious stock action propping up the precious metal.

Gold settled lower on Wednesday and extended its decline in after-hours electronic trading as a benchmark U.S. dollar index climbed to fresh session highs shortly after the release of hawkish minutes from the Federal Reserve’s September monetary policy meeting.

A pair of U.S. economic reports on the Philadelphia-area economy and jobless benefits claims Thursday morning did little


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 Warren says Fed should keep Wells Fargo restrictions in place until CEO Sloan is ousted

The Federal Reserve should keep restrictions on Wells Fargo in place until the bank gets rid of CEO Tim Sloan, Sen.
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 Fischer: Risk from Trump attacking Fed cuts two ways

Former Federal Reserve Vice Chairman Stanley Fischer on Thursday joined the chorus of voices warning about central bank independence in wake of President Donald T
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 Opinion: Never mind the Social Security increase, seniors are in trouble — here’s why

You might have heard that Social Security checks are going up 2.8% next year, the biggest rise in seven years. That translates into an average benefit of $1,461 a month, up $39.

While welcome, it’s necessary to remember that the increase is tied to inflation. Higher payouts will simply enable retirees to keep up with the rising cost of living. It doesn’t mean that anyone’s standard of living will go up—as if an extra $1.28 a day will do much in the first place. Think of a treadmill: You’re not going anywhere.

In fact, retirees and those who are eyeing retirement risk going i
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 The best financial advisers are your guide to more than just money

When financial advisers meet a new client, they may ask lots of questions about income, investments, and spending habits. Then they craft a financial plan built around the client’s answers, addressing areas such as asset allocation, taxes and retirement.

That’s the drill. But is it the right one? A more comprehensive approach consists of a series of deeper discussions that Bob Veres calls “collaborative planning.” A longtime commentator on the financial planning business, Veres is publisher of Inside Information, an information service for advisers.

“Collaborative planning m
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 Opinion: Why the U.S. housing recovery is built on quicksand

Home price gains since 2013 have been much less impressive than you think. While reports show that home prices have recovered nationwide, the increase has been uneven and not as strong as you have been led to believe.

Consider RealtyTrac’s latest report on 148 major U.S. metropolitan areas. The average gain on the sale of property was 30%. Not bad, except the average holding period was just over eight years. That comes to an annual price increase of 3.75%. High-yield corporate bonds would have earned you considerably more.

Taken together, the average gain for all metros is de
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By Sunday night, the U.S. Drug Enforcement Administration is expected to reclassify GW Pharmaceuticals PLC- ADR (NASDAQ: )’s Epidiolex to allow medicinal use. This could open the therapy to a new and promising market.

The Analyst 

Morgan Stanley analyst  maintained an Overweight rating on GW with a $197 price target.

The Thesis

Morgan Stanley expects the DEA to drop Epidiolex from Schedule I — the same level as cocaine, heroin and other illegal substances — to Schedule IV, where Xanax, Ambien and Tramadol rank. At worst, it would fall to Schedule III
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How to find and delete where Google knows you've been
2018-08-13 12:17 • Yahoo! Market News
How to find and delete where Google knows you've been

Even if you have "Location History" off, Google often stores your precise location . Here's how to delete those markers and some best-effort practices that keep your location as private as possible.

But there's no panacea, because simply connecting to the internet on any device flags an IP address that can be geographically mapped. Smartphones also connect to cell towers, so your carrier knows your general location at all times.

TO PREVENT FURTHER TRACKING

For any device:

Fire up your browser and go to myactivity.google.com. (You'll need to be logged i
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3 Biotech Stocks With Major Catalysts Incoming
2018-08-13 12:17 • Yahoo! Market News
3 Biotech Stocks With Major Catalysts Incoming

The closing weeks of summer could heat up for a few biotechs with experimental new therapies getting close to the finish line. TG Therapeutics, Inc. (NASDAQ: TGTX) and Sangamo Therapeutics, Inc. (NASDAQ: SGMO) will reveal some hotly anticipated clinical trial results in the weeks ahead. Akcea Therapeutics, Inc. (NASDAQ: AKCA) is a lot closer to commercializing its first product in the U.S., but it's still relying on two approval decisions in its near future.

Here's what investors nee
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Why Dycom Industries Stock Just Dropped 22%
2018-08-13 12:16 • Yahoo! Market News
Why Dycom Industries Stock Just Dropped 22%

What happened

Three months ago, shares of telecommunications infrastructure builder Dycom Industries (NYSE: DY) after the company's quarterly report disappointed investors. Three months later, Dycom stock is self-destructing before earnings have even come out.

Dycom had previously guided investors to expect it would earn between $1.02 and $1.17 per share on sales of $830 million to $860 million in Q2. This morning, management released an earnings warning confirming that profits will probably range from $1.05 to $1.08 per share on sales of j
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 These U.S. stocks have been hit hardest amid Turkey’s turmoil

The Turkish lira’s sharp drop and tough trade talk from President Trump are putting pressure on stock markets around the world. While U.S. stocks have held up well, helped by strong corporate earnings reports, there are a number of companies whose shares have fallen dramatically.

Last week’s turmoil showed no signs of letting up on Monday.

More on Turkey and international trade fears:

• Stock-market investors should see this Turkish crisis as a buying opportunity

• Strategists see 4 ways out of Turkey’s currency crisis

Here’s a chart sh
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 Saudi Arabia weighs larger Tesla stake as part of plan to make electric cars

Saudi Arabia’s desire to take a big stake in Tesla Inc. reflects its ambitious plan to build a base in the kingdom for electric-car production and diversify away from oil.

Its sovereign-wealth fund is considering raising its nearly 5% holding in Tesla TSLA, +0.65%  , people familiar with the matter said. Discussions among Saudi officials about increasing the Public Investment Fund’s stake accelerated after Tesla Chief Executive Elon Musk last wee
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 Stock market weakens as Turkey currency crisis dampens risk appetite

U.S. stocks remained under pressure Monday as the ongoing turmoil in Turkey dampened investors’ appetite for riskier assets although the S&P 500 and the Dow Jones Industrial Average both pared losses in the late afternoon.

While the U.S. doesn’t have much direct economic exposure to the country, instability in the region sparked concerns that its problems could spill over to other parts of the world, exacerbating the uncertainty surrounding trade relations between the U.S. and its major trading partners.

What are benchmarks doing?

The Dow Jones Industrial Average [Full Story...]

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3 Stocks to Buy and Hold for Decades
2018-08-01 07:15 • Yahoo! Market News
3 Stocks to Buy and Hold for Decades

History has shown that the best way to accumulate wealth is to buy high-quality stocks and hold them for decades, but how does one go about deciding what stocks to include? Investors can look for companies that excel at innovation, have a stunning track record of growth, or are capitalizing on one of the latest megatrends. In some very rare cases, you can find all three.

To identify stocks that are tapping into the latest technological growth engine, we asked three Fool.com contributors to choose stocks that could still be worthwhile investments in the decades to come. Read on to find
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Very informative
05-03 04:23 by Liam
The same day Trump spoke with Reynolds
01-29 04:43 by Yavor737347
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