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Volvo Cars issued a recall for 507,000 vehicles worldwide, citing a risk of fire due to a faulty engine component. The Swedish automaker reportedly said it has received reports of a small number of cars catching fire, but no one has been injured. The...

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Germany's finance ministry warned on Monday that the weakness in the industrial sector and exports is set to last longer, mainly due to global risks such as the trade tensions. "Leading indicators and falling orders indicate a persistently weakened...

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In a landmark measure, the House of Representatives passed a bill raising the federal minimum hourly wage for U.S. workers to $15. The bill, co-sponsored by more than 190 Democrats, passed by a 231-199 vote in the Democratic-controlled House. However,...

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Following the pullback seen last week, stocks may move back to the upside in early trading on Monday. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 62 points.

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Avengers: Endgame is set to surpass Avatar and become the highest-grossing film in history at the global box office in just its 13th weekend of release. The superhero epic by Marvel Studios and Walt Disney earned $2.7892 billion as of Friday, half...

privacyviolations-july15.jpg The Federal Trade Commission has approved a nearly $5 billion settlement with Facebook Inc. over the social media giant's 2018 Cambridge Analytica scandal, according to several reports. However, the settlement needs to be approved by the Justice Department and a final announcement could come next week. The fine would be the largest ever imposed by the FTC on a technology company.
cryptofraud-sep14_15jul19.jpg A Texas federal court ordered two defendants to pay nearly $400,000 in civil monetary penalties and restitution related to a lawsuit alleging fraud brought by the Commodity Futures Trading Commission (CFTC). The defendants were charged of attempting to steal Bitcoin through fraudulent solicitation, impersonation of a CFTC investigator, and forging CFTC documents.
wallstreet-aug20_15jul19.jpg After failing to sustain an initial move to the upside, stocks have given back some ground over the course of morning trading on Monday. The major averages have pulled back off their best levels after reaching new record intraday highs.
worldpopulation-july15.jpg A report released by the U.S. Census Bureau says the world population is estimated to reach 7.58 billion this month. The Census Bureau is also projecting that annual population growth rate will fall to below 1 percent in 2020-2021, for the first time since 1950. In 2025, the population growth rate is seen at 0.9. That number is expected to continue to drop, a phenomenon partially attributed to
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the-amphibious-assault-ship-071919.jpg A month after Iranian forces shot down an unmanned U.S. surveillance drone, President Donald Trump said Thursday the U.S. Navy has shot down an Iranian drone in the Strait of Hormuz. Trump told reporters the USS Boxer took defensive action after the drone closed to within 1,000 yards of the amphibious assault ship and ignored multiple calls to stand down.
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us-capitol-071919.jpg In a landmark measure, the House of Representatives passed a bill raising the federal minimum hourly wage for U.S. workers to $15. The bill, co-sponsored by more than 190 Democrats, passed by a 231-199 vote in the Democratic-controlled House. However, the bill's passage in the Republicans-controlled Senate is in doubt.
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Cannabis company Curaleaf Holdings Inc. has agreed to acquire privately-held GR Companies, Inc. or Grassroots, for about $875 million in cash and stock. The acquisition will make Wakefield, Massachusetts-based Curaleaf the world's largest cannabis company by revenue and the largest in the U.S. by other key operating metrics. It will also expand Curaleaf's presence to 19 states.
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The major U.S. index futures are currently pointing to a higher opening on Monday, with stocks likely to move back to the upside following the pullback seen last week. Optimism about earnings news may generate early buying interest, as a slew of big-name companies are due to report their quarterly...
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Shares of Philips Electronics NV were gaining around 4 percent in the early morning trading in Amsterdam after the Dutch consumer electronics giant reported Monday significantly higher profit in its second quarter, reflecting narrower loss from discontinued operations and higher sales. Further, the company maintained overall target of 4-6 percent comparable sales growth...
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Bitcoin ATM operator LibertyX entered into a deal with traditional ATM operator Desert ATM to convert cash-dispensing ATM machines into those dispensing cryptocurrencies as well. LibertyX makes a software that enables regular independent ATMs to dispense Bitcoins. With this partnership, LibertyX will load its software on 90 Desert ATMs, specifically the ones manufactured by Genmega. Read More
On July 1 of this year, the regulator eliminated the REMS for Truvada and its generics. According to FDA, now, after seven years, vast majority of health care professionals and at-risk individuals are aware of the risks and prevention methods of HIV infection, and educational materials and treatment guidelines are readily available at the U.S. Centers for Disease Control and Prevention. Read More
Intec Pharma Ltd. (NTEC) announces Monday top-line data from the Company's pivotal Phase 3 ACCORDANCE trial evaluating the safety and efficacy of the Accordion Pill-Carbidopa/Levodopa (AP-CD/LD) compared with immediate release CD/LD (IR-CD/LD; Sinemet)... Read More
amazon-july19.jpg Amazon.com's Prime Day has brought a smile to the face of some photographers who may have grabbed their best deals of their lives. The e-commerce giant accidentally discounted a wide range of premium camera gear for Prime Day earlier this week, which may have proved costly for it. Thanks to a pricing error, some lucky customers were able to buy premium camera gear bundles for below $100.
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Economic Calendar
DateIndicatorPeriodCountry
07/22/19 9:0CB Leading IndexJUN India
07/22/19 9:0CB Coincidence IndexJUN India
07/22/19 8:30Wholesale Sales (Y-o-Y)MAY Canada
07/22/19 8:30Wholesale Sales (M-o-M)MAY Canada
07/22/19 8:0M3 Money Supply (Y-o-Y)JUN Poland
07/22/19 8:0M3 Money Supply (M-o-M)JUN Poland
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FDA Calendar
Event DateSymbolDrug NameEvent Name
10/19/19CLSDXIPERE (NDA)FDA decision on XIPERE for Suprachoroidal Injection for macular edema associated with uveitis
10/14/19FLXNZILRETTA (sNDA)FDA decision on the repeat administration of ZILRETTA for patients with osteoarthritis knee pain
09/28/19AMRN Vascepa (sNDA) FDA decision on Vascepa to reduce residual cardiovascular risk in patients with statin-managed LDL-C cholesterol
09/27/19ITCILumateperone (NDA)FDA decision on Lumateperone for the treatment of schizophrenia
09/15/19AVDLAV001 (NDA)FDA decision on AV001 for Hospital product
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