Stella Creasy: The culture of the Labour movement is toxic

Labour’s Stella Creasy talks about the abuse she receives, her views on feminism and equality and explains why her parents are troublesome constituents.

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But can she get through the conversation with Sophy and Matt without mentioning the B word?

Push for marijuana legalization falls flat in New York

A push to legalize recreational marijuana in New York state has fallen flat.

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The sponsor of the main legalization bill in the state Senate says the bill will not pass before lawmakers adjourn for the year this week.

Manhattan Democrat Liz Krueger says supporters came close to "crossing the finish line" but ran out of time.

Sticking points included how pot tax revenue should be spent, whether past pot convictions should be expunged and whether local communities could opt out of hosting dispensaries, or instead would have to opt in.

With lawmakers set to adjourn this week, some supporters hope there's time to pass a more modest bill to eliminate criminal penalties for possession of marijuana and create a process for people to clear their records of past pot convictions.

Fed decision and Powell press conference: live blog and video

Follow along as the Federal Reserve announces its key interest rate decision, followed by the press conference with Chairman Jerome Powell. The decision comes at a pivotal time for financial markets after a number of surveys revealed a sharp downturn in sentiment, and as jobs growth slowed down.

The decision is slated for 2 p.m. Eastern followed by the press conference at 2:30 p.m.

Key tickers: Dow industrials DJIA, +0.07%  | U.S. dollar DXY, -0.20%  | 10-year TMUBMUSD10Y, +1.63% 

Alibaba, NBA Partnership Could Boost ‘EMQQ’ ETF

This article was originally published on ETFTrends.com.

A partnership between Chinese firm Alibaba and the National Basketball Association (NBA) could provide a boost for the Emerging Markets Internet & Ecommerce ETF (NYSEArca: EMQQ), which features Alibaba as one of its prime holdings with a 7 percent weighting. The agreement, entered into in March, would provide for distribution of NBA content and merchandise […]

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Biotech Stocks Heat Up, Driving ETF Gains

This article was originally published on ETFTrends.com.

Biotechs ETFs created some heat yesterday as The SPDR S&P Biotech ETF and the iShares Nasdaq Biotechnology ETF, two popular exchange-traded funds tracking the biotechnology space, jumped on Monday after Pfizer, the largest drugmaker in the U.S., said it would buy Array BioPharma for over $10 billion. The iShares Nasdaq Biotechnology ETF (IBB) is on pace for its fourth positive day of […]

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Analysts Raving Over Facebook’s Cryptocurrency Offering

This article was originally published on ETFTrends.com.

Cryptocurrencies are riding the wave of positive news stemming from social media giant Facebook unveiling its cryptocurrency payment plan on Tuesday. Dubbed “Project Libra,” the digital currency will feature partnerships with Visa and Mastercard. The Facebook cryptocurrency news is setting the space abuzz with optimism as Bitcoin reached a high of $20,000 near the end […]

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London's Jubilee underground train line partly suspended due to fire alert

LONDON (Reuters) – Part of London’s Jubilee underground train line was suspended due to a fire alert in the Green Park area on Wednesday.

“At the moment we have no service on the line between Finchley Road and Waterloo,” Transport for London said. “There are also minor delays on the rest of the line.”

“The disruption has been caused by a fire alert in the Green Park area. This is being investigated.”

China’s Job Market Faces Pressure Amid Trade Deal Impasse with U.S.

This article was originally published on ETFTrends.com.

Persisting trade tensions with the U.S. are starting to affect China’s job market, according to China’s top economic planning body. As a result of the trade war impasse, companies could be scaling back on hiring new college graduates. “Due to (the) impact from the continued increase of China-U.S. economic trade frictions and other uncertainties, recruitment […]

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The Possibility of Rate Cuts Could Put Defensives, Cyclicals in Play

This article was originally published on ETFTrends.com.

As the capital markets are bracing themselves for interest rate cuts happening throughout the year, investors can vacillate on whether they should pour funds into cyclical or defensive sectors. With Direxion Investments’ Relative Weight ETFs, investors can play both sides of the coin as a data-fueled central bank decides on interest rate policy. Fed Chairman […]

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Oil Prices in a State of Flux Amid Global Growth, Middle East Tensions

This article was originally published on ETFTrends.com.

The push-and-pull of Middle East tensions and slowing global growth is leaving prices for the oil in flux. Declining business sentiment is also feeding into the slowing global growth narrative, but how does all the news affect oil prices in the future? Oil prices tumbled more than 20 percent since the end of April due […]

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