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These 2 charts show why investing in coal power is a waste of $1 trillion
Coal investment could be a waste of $1 trillion (£695 billion), according to three anti fossil-fuel groups.In a report released on Wednesday by CoalSwarm, Sierra Club and Greenpeace, demand for coal is...
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Here's a super quick guide to what traders are talking about right now
Via Dave Lutz at JonesTrading, here's a quick guide to what traders are talking about right now:Good Morning! US Futures remain risk-on, following Fed Chair Yellen’s very dovish speech yesterday....
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Futures higher as Yellen soothes nerves over rates
By Yashaswini Swamynathan(Reuters) - U.S. stock index futures were higher on Wednesday, a day after comments by Federal Reserve Chair Janet Yellen allayed concerns that the central bank would take an...
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Valeant seeks waiver from lenders related to filing annual report
(Reuters) - Valeant Pharmaceuticals International Inc said it had asked its lenders to agree to waive a condition of its credit facility that would put it in breach of covenants if the company did not...
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Lululemon's earnings crushed expectations, and the stock is jumping (LULU)
Lululemon reported higher-than-expected earnings for its fourth quarter and full-year 2015 early Wednesday, and the stock is jumping higher.The company announced earnings for the fourth quarter of...
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ADP private payrolls rise more than expected
US private payrolls rose by 200,000 in March, according to ADP Research Institute.Economists had estimated that private payrolls grew by 195,000, according to Bloomberg. The February print was revised...
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A star Morgan Stanley banker shares her best career advice for women
Carla Harris doesn't normally give gender-specific advice to young people.But there is one point that the Morgan Stanley dealmaker, who is now vice chairman for global wealth management, emphasizes...
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U.S. private sector adds 200,000 jobs in March: ADP
NEW YORK (Reuters) - U.S. private employers added 200,000 jobs in March, above economists' expectations, a report by a payrolls processor showed on Wednesday.Economists surveyed by Reuters had forecast...
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Here's what's happening in Fx after Yellen's dovish speech
Good morning!Here are the major moves in Forex as of Wednesday, March 30 8:15 a.m.The US dollar index is down 0.3% at 94.89 following Janet Yellen's decidedly dovish speech at the Economic Club of New...
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Inside the block of luxury London flats with its own private art gallery and...
There are two things that are certain in London — there is a dearth of affordable housing but a healthy supply of luxury London flats.In fact, the average property price in Britain's capital is now at...
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There’s been a big change at the top of Bank of America’s markets business
Bryan Weadock, cohead of global fixed income, currencies and commodities sales at Bank of America Merrill Lynch, is going on leave, according to a memo seen by Business Insider. Sanaz Zaimi, Weadock's...
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You can now enter Wall Street's biggest investment contest of the year
The Sohn Conference's famed investment idea contest officially kicks off today.The contest is open to anyone with a long or short idea for a company with a market cap above $1 billion. The deadline to...
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Dow futures up 110 (SPX, SPY, DJI, IXIC, DXY, USD)
Stock futures are rallying strong on Wednesday morning ahead of the market open.Near 9:07 a.m. ET, Dow futures were up 111 points, S&P 500 futures were up 11 points, and Nasdaq futures were up 29...
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Luxury London house prices are likely to stall in 2016
House prices for London's wealthiest areas have dropped 6.7% since 2014 and growth in 2016 is "unlikely," according to Savills.The property agent released a report on Wednesday saying that the most...
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Europe can't stop deflation
Eurozone inflation recovered a little in March, but is still struggling below zero, with prices shrinking 0.1% year-on-year, meeting the forecasts of economists, and up from a fall of 0.2% in...
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Hipsters are causing an identity crisis for Britain's beer drinkers
CAMRA, the 45-year-old real ale campaign group, is having an identity crisis.The Campaign for Real Ale (CAMRA) is considering abandoning its initial cause — real ale — and broadening out to include...
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10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, MU,...
Here is what you need to know.China could be downgraded at S&P. S&P cut its outlook for China's sovereign credit rating to negative from stable but kept its rating at AA-. The rating agency...
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HK tribunal upholds action against Moody's for report on China companies
HONG KONG (Reuters) - A Hong Kong tribunal upheld on Thursday disciplinary action against Moody's Investor Services for a report it published on Chinese companies, in a landmark decision that could...
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Here's where most millionaires are moving to around the globe
London may still have the most billionaires in the world, but millionaires are becoming less keen on the UK's capital city, according to data out this week.Wealth research firm New World Wealth...
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Britain is the 3rd-biggest nanny state in the EU
It may not be George Orwell's "1984" just yet, but Britain already ranks in the top 3 in the EU for government interference, according to a report on Thursday.The Institute of Economic Affairs (IEA)...
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