Cara Therapeutics' opioid pain treatment showed promising results in a trialWhile the broader U.S. stock market keeps trying to claw back the losses from Monday's massive sell-off, shares of World Wrestling Entertainment, Inc. (NYSE:WWE), Arcadia Biosciences Inc (NASDAQ:RKDA), and Cara Therapeutics Inc (NASDAQ:CARA) are exploding higher this morning. We'll take a closer look at why the stocks are...Read More

One name is at risk for a round of bearish brokerage notesAquinox Pharmaceuticals Inc (NASDAQ:AQXP) is bracing for a steep plunge out of the gate, after the company said it would stop developing its bladder pain treatment, rosiptor, following disappointing late-stage study data for the lead drug. The firm also said it is evaluating its current drug pipeline, and looking into strategic alternatives...Read More

Traders originally feared a major clampdown on foreign investment in U.S. techFutures on the Dow Jones Industrial Average (DJI) are pointing to a positive open, as investors express relief over a less restrictive plan for Chinese investment in U.S. tech than originally feared. Rather than a sweeping ban, Treasury Secretary Steven Mnuchin told CNBC today that the Trump administration will rely on t...Read More

MOSCOW (Reuters) - U.S. National Security Adviser John Bolton held talks in Moscow on Wednesday with Russian officials ahead of a meeting with Vladimir Putin, part of an effort to lay the ground for a summit between the Russian president and President Donald Trump.Bolton, a lifelong hawk who warned last year before his own appointment that Washington negotiated with Putin’s Russia at its per...Read More

WASHINGTON (Reuters) - President Donald Trump urged Republican lawmakers to pass a “strong but fair” immigration bill before the House of Representatives on Wednesday, despite its slim chances in the U.S. Senate.In a Twitter post written in capital letters throughout, Trump said House Republicans should pass the bill, even though he said Democrats would stop it from passing in the Sena...Read More

This article is intended for those of you who are at the beginning of your investing journey and want a simplistic look at the return on Highland Gold Mining LimitedRead More...Read full newsRead More

WASHINGTON, (Reuters) - New orders for key U.S.-made capital goods and shipments unexpectedly fell in May, but data for the prior month was revised higher, suggesting moderate growth in business spending on equipment in the second quarter.The Commerce Department said on Wednesday that orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, slip...Read More

WASHINGTON (Reuters) - U.S. Treasury Secretary Steve Mnuchin defended the Trump administration’s decision to use legislation to strengthen investment controls, saying certain countries will receive heightened review under changes aimed at protecting U.S. technology.He told CNBC in an interview on Wednesday that the changes do not target China and he does not expect any significant economic e...Read More

(Reuters) - Cheerios cereal maker General Mills Inc (GIS.N) on Wednesday reported a quarterly profit that topped analysts’ estimates, as its efforts to reduce costs and improve distribution network paid off.Gross margins of the company, which is also known for its Haagen-Dazs and Betty Crocker brands, rose to 36.5 percent in the fourth quarter from 34.7 percent a year earlier.General Mills s...Read More

(Reuters) - General Electric Co said on Tuesday it will spin off its healthcare business and divest its stake in oil-services firm Baker Hughes, effectively breaking up the 126-year-old conglomerate which was once the most valuable U.S. corporation and a global symbol of American business power.The slimmed-down company will focus on jet engines, power plants and renewable energy, which GE hopes wi...Read More

Futuresspeculators may well have flipped to a net-short, or bearish, position in gold,says Commerzbank. The Commodity Futures Trading Commission releases a reporteach Friday showing the positioning of various categories of marketparticipants as of the prior Tuesday. The last “disaggregated” CFTC reportshowed that money managers were net-long, or bullish, by only 10,528 contracts as of...Read More

Futures speculators may well have flipped to a net-short, or bearish, position in gold, says Commerzbank. The Commodity Futures Trading Commission releases a report each Friday showing the positioning of various categories of market participants as of the prior Tuesday. The last “disaggregated” CFTC report showed that money managers were net-long, or bullish, by only 10,528 contracts a...Read More

(Kitco News) - Gold prices dropped after newly released data showed that orders for long-lasting U.S. factory goods fell for the second month in a row in May.Orders for durable goods were down 0.6% last month after falling upwardly revised 1% in April, the Commerce Department said on Wednesday. Market consensus called for durables to decline 0.9%.Gold was down immediately after the release, with A...Read More

WASHINGTON (Reuters) - The Trump administration will stick to a strengthened security review process to deal with threats from Chinese investments to acquire U.S. technologies instead of imposing China-specific restrictions, senior administration officials said on Wednesday.The Treasury Department has recommended that Trump use the Committee on Foreign Investment in the United States (CFIUS), enha...Read More

NEW YORK (Reuters) - The Democratic Party’s insurgent left wing and Republican U.S. President Donald Trump each claimed big victories on Tuesday, as voters in seven states selected the parties’ candidates for November’s midterm elections that will determine control of Congress.U.S. Representative Joseph Crowley, a high-ranking Democrat seen as a possible future leader of the cham...Read More

FRANKFURT (Reuters) - The past appreciation of the euro may still weigh on inflation for several more quarters, but this effect could be masked by the increased pricing power of firms, the European Central Bank said in a research article on Wednesday.The ECB has been stimulating the economy for years to rekindle inflation but the euro’s surge in the past year - partly reversed in recent week...Read More

LONDON, June 27 (Reuters) - Goldman Sachs’ investment management division is recommending clients buy both sterling and oil, the CIO of its strategy group said on Wednesday.“We see some upside to oil prices,” said Sharmin Mossavar-Rahmani, CIO of the group which provides investment services to high-net worth individuals, families and institutional investors.She was also upbeat on...Read More

LONDON (Reuters) - A 2 percent slide in Chinese equities on Wednesday and a fresh weakening in the yuan highlighted mounting stress on the world’s number two economy from trade tensions with the United States, while global stocks slipped to approach two-month lows.Equity futures signaled a weaker opening for Wall Street, with S&P e-minis down 0.4 percent ESc1 following sharp losses in As...Read More

ANKARA (Reuters) - Removing Iranian oil from the global market by November as called for by the United States is impossible, an Iranian oil official told the semi-official Tasnim news agency on Wednesday.“Iran exports a total of 2.5 million barrels per day of crude and condensate and eliminating it easily and in a period of a few months is impossible,” the official said.The U.S. State...Read More

* German SPD leader “waiting to see” on new election* Political uncertainty bolsters Bunds* Euro zone bond yields broadly lower* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr* Germany's Bund yield this year: reut.rs/2N0uhwx (Updates throughout)By Dhara RanasingheLONDON, June 27 (Reuters) - Germany’s government bond yields fell towards recent one-month lows on Wednesda...Read More