Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.
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Britons turn more downbeat about finances as inflation rises By Reuters

© Reuters. FILE PHOTO – A customer stands before empty shelves at a meat section in a grocery store in Liverpool, Britain on September 20, 2021. REUTERS/Phil Noble LONDON (Reuters) – People in Britain have reported a first worsening in their financial situation in more than a year as inflation pushes up the cost of […]

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Elizabeth Holmes’s defense questions ex-Theranos lab director’s credibility

SAN JOSE, CALIF – In the first dramatic showdown at the Elizabeth Holmes’ trial, defense attorney Lance Wade aggressively questioned the company’s former lab director about his credibility. Lance Wade asked the defense attorney, “Did your lab test results prove inaccurate?” Wade asked Adam Rosendorff in the courtroom Thursday. Rosendorff responded, “No. I told the laboratory […]

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Exclusive-U.S. has reached out to China about cutting oil imports from Iran, officials say By Reuters

2/2 © Reuters. FILEPHOTO: Flags of the U.S. and China fly outside a Shanghai company building on April 14, 2021. REUTERS/Aly Song 2/2 By Arshad Mohammed and John Irish WASHINGTON/PARIS (Reuters) – The United States has reached out to China diplomatically about reducing its purchases of Iranian , U.S. and European officials said on Tuesday, […]

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Investors brace for rough ride as Evergrande faces payment deadline By Reuters

© Reuters. China Evergrande Group headquarters in Shenzhen (Guangdong province), China, September 26th, 2021 is under surveillance by police and security officers. REUTERS/Aly Song HONG KONG (Reuters) – Investors were bracing for potential market turbulence on Wednesday as a bond coupon payment for China Evergrande Group comes due, giving the embattled property developer its next […]

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Musk says Biden administration’s EV policy ‘controlled by unions’-Code Conference By Reuters

© Reuters. FILEPHOTO: SpaceX’s owner, Tesla CEO Elon, speaks to legendary game designer Todd Howard at the E3 gaming convention, Los Angeles, California (USA), June 13, 2019. REUTERS/Mike Blake/File Photo (Reuters) – Tesla (NASDAQ:) Inc Chief Executive Elon Musk said during a conference panel on Tuesday that U.S. President Joe Biden’s administration was not the […]

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Poised for Valuation Expansion By TipRanks

© Reuters. FedEx: Poised for Valuation Expansion FedEx (NYSE:) provides a broad portfolio of transportation, e-commerce, and business services through its various subsidiaries under the respected FedEx brand. FedEx Express and FedEx Ground are its core businesses. FedEx Freight and FedEx Services make up the remainder of the company. The company offers domestic and international […]

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Correction Presents Good Opportunity By TipRanks

© Reuters. Yum China Stock: Correction Presents Good Opportunity Yum China (YUMC) stock surged to its 52-week high of $69.67 on June 2. The stock saw some improvement. A recent announcement that the company’s adjusted operating profit is likely to be 50% to 60% lower in Q3 2021 accelerated the downside. The downward revision of […]

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Rising Bond Yields Fuel Wall Street Sell-off By TipRanks

© Reuters. Rising Bond Yields Fuel Wall Street Sell-off Rising Treasury bond yields around the world fueled a sell-off on Wall Street this week, as investors re-think valuations. The benchmark 10-year Treasury bond yield was slightly higher than 1.22% in September, but it traded just above 1.52% on Tuesday morning. The 10-year German Treasury Bond […]

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CFTC hits Kraken with $1.25M in fines over alleged illegal offering By Cointelegraph

CFTC hits Kraken with $1.25M in fines over alleged illegal offering The United States Commodity Futures Trading Commission, or CFTC, is ordering crypto exchange Kraken to pay more than a million dollars in civil monetary penalties related to allegations the exchange is violating the Commodity Exchange Act. In a Sept. 28 statement, the CFTC said […]

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Mexico’s decision to pull Bank Accendo’s license “an isolated incident”

© Reuters. FILE PHOTO. Gabriel Yorio (Mexico’s Deputy Financial Minister) is seen speaking with Reuters in Mexico City, Mexico on September 9, 2020. REUTERS/Henry Romero MEXICO CITY (Reuters) – Mexico’s Deputy Finance Minister Gabriel Yorio said on Tuesday that the revocation of the banking license of Bank Accendo was an isolated situation and did not […]