Metals Stocks: Gold cuts losses for the week as political concerns roil the U.S. dollar, stocks
Gold stages a sudden rally on Friday, as the U.S. dollar weakens and equities drop in the wake of news that former national-security adviser, Michael Flynn, pleaded guilty to lying to the FBI, raising concerns over further upheaval in President Donald Trump’s administration.
Source: http://www.marketwatch.com/news/story.asp?guid=%7BF17AF86A-D67F-11E7-B8BC-0C59F59A1D3D%7D&siteid=rss&rss=1
Macy’s needs to hire 7,000 more employees to keep pace with holiday-shopping traffic
Department-store chain is adding another 7,000 jobs on top of the 80,000 seasonal workers it already announced.
Source: http://www.marketwatch.com/news/story.asp?guid=%7BC233B538-D6A2-11E7-B6A9-92C343FFCBC7%7D&siteid=rss&rss=1
Netflix can shake off Kevin Spacey scandal — and ‘Stranger Things’ will help
Netflix Inc. will survive the sexual harassment scandal that has swept up actor and producer Kevin Spacey, as long as it remains an isolated incident, says this analyst.
Source: http://www.marketwatch.com/news/story.asp?guid=%7B88222EB0-D6B6-11E7-B6A9-92C343FFCBC7%7D&siteid=rss&rss=1
Weekend Sip: 12 bottles of booze to give as Christmas gifts — from $14 to $900
A gift for every sipper in your life.
Source: http://www.marketwatch.com/news/story.asp?guid=%7BF1324BB6-D44E-11E7-A76A-5E704A7B539D%7D&siteid=rss&rss=1
The Ratings Game: Nutanix shares return to post-IPO heights as software pivot spurs excitement
Nutanix Inc. shares Friday neared their highest levels since going public, after more than half the analysts covering the stock hiked their price targets in response to confirmation that the hybrid-cloud tech company is pivoting to a software-only business model.
Source: http://www.marketwatch.com/news/story.asp?guid=%7B47583DBE-D6B8-11E7-8BB4-26F71ABE4CAE%7D&siteid=rss&rss=1
Currencies: Dollar falls as political turmoil roils markets
The dollar suddenly swung lower against its rivals on Friday after former national security adviser Michael Flynn has entered a guilty plea to charges he lied to investigators and a news report that he will testify he was directed by President Donald Trump to make contact with Russian officials.
Source: http://www.marketwatch.com/news/story.asp?guid=%7B478730B0-D67C-11E7-B6A9-92C343FFCBC7%7D&siteid=rss&rss=1
Project Syndicate: The U.S. is exporting obesity
Rapidly rising obesity rates could reverse the dramatic gains in health and life expectancy, and by forcing its food culture on countries like Mexico and Canada, the U.S. is making the problem worse, writes Kenneth Rogoff.
Source: http://www.marketwatch.com/news/story.asp?guid=%7B6311A066-D6BA-11E7-8BB4-26F71ABE4CAE%7D&siteid=rss&rss=1
Tesla tussles with German regulators over electric-vehicle subsidy limits
Tesla Inc. denies that its cars are too expensive to qualify for electric-vehicle subsidies in Germany.
Source: http://www.marketwatch.com/news/story.asp?guid=%7B1F4708A8-D6B0-11E7-8BB4-26F71ABE4CAE%7D&siteid=rss&rss=1
Market Extra: Could central bank’s bond buying hamper future growth by giving rise to ‘zombies’?
Concerns that quantitative easing could be crimping future growth prospects has been reflected in mounting talk that monetary easing could keep corporate laggards alive with cheap debt.
Source: http://www.marketwatch.com/news/story.asp?guid=%7B751803E8-D3AB-11E7-A76A-5E704A7B539D%7D&siteid=rss&rss=1
Mylan and Teva stocks rise on report about Amazon’s pharmacy aims
Shares of generic drug manufacturers are rising on a report stating that Amazon.com held talks with Mylan and Novartis’ Sandoz about entering the pharmacy business, while shares of distributors and drugstores are falling.
Source: http://www.marketwatch.com/news/story.asp?guid=%7BBC31DD92-D6B4-11E7-B8BC-0C59F59A1D3D%7D&siteid=rss&rss=1
Source: http://www.marketwatch.com/