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Everyone knows that the Federal Reserve will raise interest rates next Wednesday at the conclusion of its two-day policy meeting. After all, Fed speakers have been jawboning a rate hike over the past few weeks. With the markets reacting with eerie...

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Consumer sentiment in the U.S. has improved by much more than anticipated in the month of December, according to a report released by the University of Michigan on Friday. The University of Michigan said the preliminary reading on its consumer sentiment...

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President-elect Donald Trump has offered Goldman Sachs executive Gary Cohn a key position on his economic team, according to a report from NBC News. Citing sources close to Cohn, NBC News said Goldman's president and chief operating officer has been...

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Extending the upward trend seen over the past several weeks, stocks moved mostly higher during trading on Friday. With the advance, all three of the major averages once again ended the session at record closing highs.

Asian-Markets1_04Dec16.jpg Asian stock markets are mostly lower on Monday amid worries about political and economic instability in Europe after Italian Prime Minister Matteo Renzi said he will resign following his defeat in a constitutional reform referendum on Sunday. Meanwhile, New Zealand Prime Minister John Key also unexpectedly announced his resignation on Monday.
Pharma-120516.jpg Alnylam Pharmaceuticals Inc. (ALNY), on Sunday, reported positive interim clinical results of its investigational RNAi therapeutic Fitusiran from an ongoing phase II open label extension study in patients with Hemophilia A or B without inhibitors.
chinapmi-120516.jpg China's private sector registered the strongest growth in more than three years in November, survey data from IHS Markit showed Monday. The Caixin China Composite Purchasing Managers' Index was 52.9 in November, unchanged from October's 43-month high.
Panasonic-ZKW-120516.jpg Japanese electronics maker Panasonic Corp. is in talks to buy Austrian headlight manufacturer ZKW Group GmbH, Nikkei business daily reported Monday, citing a person familiar with the matter. As per the report, both companies could reach a basic agreement as early as this month for a deal that could be worth up to $1 billion.
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GaryDCohn-120916.jpg President-elect Donald Trump has offered Goldman Sachs executive Gary Cohn a key position on his economic team, according to a report from NBC News. Citing sources close to Cohn, NBC News said Goldman's president and chief operating officer has been...
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CathyMcMorris-121016.jpg Congresswoman Cathy McMorris Rodgers, R-Wash., is expected to be President-elect Donald Trump's nominee as Secretary of the Interior, according to numerous media reports. A source close to the Trump transition team told USA Today the timing of the announcement of Rodgers' selection has not been determined.
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China-CPI-PPI-120916.jpgChina's factory gate inflation increased to a more than five-year high in November on higher commodity prices and consumer price inflation exceeded expectations due to rising food costs. Producer price inflation accelerated notably to 3.3 percent from 1.2 percent in the previous month, the National Bureau of Statistics showed Friday. Inflation was expected to rise to 2.3 percent.
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Older adults who suffer from dementia, or mild cognitive impairment, may benefit from aerobic exercise, according to a new study. The study, to be presented Wednesday at the Radiological Society of North America, included 16 people with an average age of 63, who did aerobic workouts on a treadmill, stationary bike or elliptical training. They worked out four times a week for six months.
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The Swiss stock market ended Friday's session with a sharp increase, extending its winning streak to five sessions. The market broke out past the 8,100 point level at its intraday high, its highest level since mid-October. The strong performance of the pharmaceutical stocks drove the market higher. The...
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Free meals in coach might soon make a comeback on Delta Air Lines Inc. The Atlanta-based airline said it is testing complimentary meals in the main cabin on transcontinental flights between JFK International Airport in New York and Los Angeles International Airport or San Francisco International Airport.
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Shares of Horizon Pharma plc (HZNP) plunged over 22% on failure of the company's phase III trial of Actimmune in Friedreich's ataxia to meet its primary endpoint. More
Corcept Therapeutics Inc. (CORT), a developer of drugs that treat severe metabolic, psychiatric and oncologic disorders, released efficacy data today from its Phase 1/2 trial of mifepristone to treat patients with metastatic or triple-negative breast... More
Gambian President Yahya Jammeh shunned the result of a December 1 Presidential election and called for a new election, after new ruling coalition vowed to prosecute him for rights violations and crimes against the state. "After a thorough investigation,...
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new-Super-Mario-120816.jpg Super Mario Run, a new game that would offer augmented reality game experience on iPhones and androids will be launched soon. The video game developed by Nintendo will be available from December 15 on iOS and a few months later in Androids. The new game will be side scrolling, and will work on auto runner platform. Mario, the video game character, is a jump man. It was created by Shigeru Miyamoto
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Economic Calendar
DateIndicatorPeriodCountry
12/09/16 13:0Baker Hughes - Rig CountDEC 9 United States
12/09/16 10:30CB Coincidence IndexOCT South Korea
12/09/16 10:30CB Leading IndexOCT South Korea
12/09/16 10:0Inventories (M-o-M)OCT United States
12/09/16 10:0Inventories (Y-o-Y)OCT United States
12/09/16 10:0Wholesale Sales (M-o-M)OCT United States
Complete Economic Calendar
FDA Calendar
Event DateSymbolDrug NameEvent Name
03/02/17BMYOpdivo (sBLA)FDA decision on Opdivo for patients with locally advanced unresectable or metastatic urothelial carcinoma that has progressed on or after platinum-containing therapy
02/28/17LXRXTelotristat Etiprate (NDA)FDA decision on Telotristat Etiprate for the treatment of carcinoid syndrome
02/23/17CLVSRucaparib (NDA)FDA decision on Rucaparib for the treatment of advanced mutant BRCA ovarian cancer.
02/17/17GMXAY.PK, GNMSF.OBDARZALEX in combination with lenalidomide and dexamethasone, or bortezomib and dexamethasone (sBLA)FDA decision on DARZALEX combination for relapsed multiple myeloma
02/16/17NBIXINGREZZA (NDA)FDA panel to review INGREZZA for tardive dyskinesia
Complete FDA Calendar