NEW YORK (TheStreet) — Gold opened flat when trading began in New York on Wednesday evening. Then starting just before 9 a.m. Hong Kong time, a rally began that grew stronger as the Far East trading session unfolded. It was up a decent amount by the London open—and then went vertical at 8:00 a.m. GMT, but ran into the usual not-for-profit sellers less than fifteen minutes later—and by 9 a.m.
As people continue to digest breaking news from around the world, today the Godfather of newsletter writers, 90-year-old Richard Russell, covers everything from China, the IMF and World Bank, to gold, blood in the streets and a world in turmoil.
On a day when the dollar, gold and crude oil all rallied, today one of the greats in the business sent King World News a powerful piece discussing the wild trading in global markets and where we’re headed from here.
WASHINGTON (Reuters) – A U.S. patient being treated for the Ebola virus at a National Institutes of Health facility in Maryland has improved to serious condition from critical, the NIH said on Thursday. (Reporting by Emily Stephenson; Editing by Lisa Lambert)
FRANKFURT (Reuters) – Morphosys and Celgene have agreed to end their cooperation on MOR202, but clinical trials of the drug candidate will continue, Morphosys said on Thursday. Morphosys said it aimed to release first clinical data from the ongoing phase 1/2a trial at a medical conference in 2015. It also raised its 2015 profit guidance, saying it expected to post 2015 earnings before interest and tax (EBIT) of between 9
WASHINGTON (Reuters) – The U.S. House of Representatives on Thursday approved a bipartisan bill to permanently repair the formula for reimbursing Medicare physicians, solving a longstanding problem and making adjustments to the way Medicare costs are paid. Drafted by House Speaker John Boehner and Democratic Leader Nancy Pelosi, the bill replaces a 1990s formula that linked doctor pay to the economy with a new one more focused on quality of
Chances are either you or someone you know are part of the estimated 50 million people in America (or 20 percent of the population) with an autoimmune disease.And, if you’re like many of them, your symptoms are unrelenting and negatively impacting your life. You’re tired, frustrated, and seeking answers.Life feels incomplete and unsatisfying…
WASHINGTON (AP) — The House has voted in unusual bipartisan unity to approve a $214 billion measure permanently blocking cuts in physicians’ Medicare payments.
Cissy Houston, the grandmother of Bobbi Kristina Brown, who was found unresponsive in a bathtub in January, is praying for her recovery but she admitted there was little hope. In an interview with WBLS radio in New York City, Houston, 81, said her granddaughter, the only child of the late pop star Whitney Houston and singer Bobby Brown, had been transferred to a rehabilitative center and her condition remained “the
