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investments

2016 heartburn: Dems still wrestling over superdelegates

WASHINGTON (AP) — Bernie Sanders is back in the Senate minority. Hillary Clinton is selling books and playing with grandchildren. And the Democratic Party is still navigating the fallout from their bitter 2016 presidential nominating fight.

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business news

Bank of America has pinpointed 6 ways stocks could see another $6 trillion correction

For months, Bank of America Merrill Lynch chief investment strategist Michael Hartnett has warned against stock market sentiment he thinks is far too extended. He’s identified six ways the stock market could see another correction rivaling the size of the one that transpired in early February. Recovering from a stock …

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economy

DEUTSCHE BANK: These 11 indebted companies are most at risk from rising interest rates

Carolyn Kaster/AP With global interest rates on the rise, led by an ongoing tightening cycle from the US Federal Reserve, the era of ultra cheap money looks to be coming to an end. Since the 2008 crisis, many companies have taken advantage of low rates, borrowing aggressively to fuel expansion. …

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investments

UK deploys military in Russia spy attack probe

British soldiers were deployed on Friday to help a counter-terrorism investigation into a nerve agent attack on a former Russian spy as speculation mounted over how London could retaliate if the Russian state is found to be responsible. The defence ministry said 180 soldiers were being dispatched to the normally …

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business news

‘We all better listen up’: The CEO of an FX trading firm says Wall Street needs to pay attention to the breakneck growth of crypto exchanges

Cryptocurrency-exchanges are growing fast thanks to the booming market for digital coins.  That has David Mercer, the CEO of LMAX Exchange, a foreign exchange trading firm, warning Wall Street that crypto-exchanges might soon come after their respective businesses. Some of most powerful people on Wall Street have derided cryptocurrencies as …

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