Currencies: Dollar makes fresh multimonth high; Aussie weakens on benign inflation

Currencies: Dollar makes fresh multimonth high; Aussie weakens on benign inflation

The greenback traded to a fresh 22-month high on Wednesday, as some G-10 currencies suffered heavy losses. The ICE Dollar Index, DXY, +0.41%  which measures the dollar against a basket… Read more »

Earnings Outlook: AbbVie and Bristol-Myers Squibb will report first-quarter earnings on Thursday. Here’s what to expect

Earnings Outlook: AbbVie and Bristol-Myers Squibb will report first-quarter earnings on Thursday. Here’s what to expect

Health-care earnings announcements are in full swing. Government insurance giant Centene Corp. reported on Tuesday morning, and Anthem Inc., Biogen Inc., Boston Scientific Corp. and Swiss drugmaker Novartis AG reported… Read more »

Market Snapshot: U.S. stocks struggle for traction higher on mixed earnings

Market Snapshot: U.S. stocks struggle for traction higher on mixed earnings

U.S. stocks struggled for direction Wednesday, a day after the S&P 500 and Nasdaq carved out their first records in months, following earnings from high profile companies, including Dow components… Read more »

The Moneyist: I made $1.8 million flipping houses and investing — and want my girlfriend to sign a prenup

The Moneyist: I made $1.8 million flipping houses and investing — and want my girlfriend to sign a prenup

Dear Moneyist, I have recently decided that I want to ask my longtime girlfriend of 5 years to marry me, and start a new chapter in our lives. My girlfriend… Read more »

: Biogen says it will not give up on Alzheimer’s after failed trials

: Biogen says it will not give up on Alzheimer’s after failed trials

Biogen Inc. executives sought on Wednesday to ease investors’ concerns over the recent failure of one of the company’s investigational Alzheimer’s drugs. During an earnings call with analysts, head of… Read more »

Elizabeth Warren wants to wipe away $640 billion in student debt — with a tax on the rich

Elizabeth Warren wants to wipe away $640 billion in student debt — with a tax on the rich

For the past few years, a handful of economists and politicians have advocated for cancelling student debt. On Monday, that idea went mainstream. As part of her campaign for the… Read more »

The Margin: Damn the turtles! 35,000 McDonald’s customers want their plastic straws back

The Margin: Damn the turtles! 35,000 McDonald’s customers want their plastic straws back

So much for Earth Day. Just two days after the world came together in the spirit of environmental awareness, a petition to bring back plastic straws topped 35,000 signatures. Why?… Read more »

Market Extra: Stock markets are ringing up records and bonds are rallying too — but that is not supposed to happen

Market Extra: Stock markets are ringing up records and bonds are rallying too — but that is not supposed to happen

U.S. stocks and bonds have been mostly climbing in tandem, raising doubts about the durability of the equity rally that has taken the S&P 500 and the Nasdaq to their… Read more »

Netflix’s $2 billion junk-bond offering comes at a risky time for the streaming giant

Netflix’s $2 billion junk-bond offering comes at a risky time for the streaming giant

Netflix Inc. is expected to price its latest debt offering later Wednesday, a $2 billion offering of junk bonds that comes at a risky time for the streaming giant. Netflix… Read more »

Project Syndicate: Why do Americans pay more for drugs?

Project Syndicate: Why do Americans pay more for drugs?

SAN FRANCISCO (Project Syndicate) — It seems puzzling at first: prescription drug prices in the United States continue to rise at an alarming rate, despite the threat (or promise) of… Read more »

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