Government

This is a landmark week for investors in one of 2018’s most active market segments, as Canada has officially opened its doors to become the world's largest federally legal cannabis market. The long-awaited move has long-term implications in sectors ranging from healthcare to retail, as...

By Noah Potter, Of Counsel to Hoban Law Group Photo by Zack Seward Last month, New York State Governor Andrew Cuomo's office announced a series of 15 listening sessions about cannabis legalization (including one in Manhattan last week) to hear public comment through October. Cuomo's new...

To most Americans, a $21-trillion national debt and a $779-billion federal deficit may seem like they have no impact on day-to-day life. The more debt the U.S. racks up, the higher the chance that it could impact everyday Americans. The Numbers The latest U.S. budget deficit numbers are...

ISHARES Tr/MSCI SAUDI ARABIA E (NYSE: KSA) and the United States Oil Fund LP (NYSE: USO) dropped Monday after Saudi Arabia threatened the U.S. with “stronger” retaliation if sanctioned for the disappearance of Washington Post columnist and U.S. resident Jamal Khashoggi. Khashoggi,...

By William Sumner, Hemp Business Journal Contributor A victory for the legal hemp industry was struck late last month as California Governor Jerry Brown signed into law SB 1409, to legalize hemp farming in the state. Included in the law are a series of provisions to clarify and resolve various...

What appears to be a routine price increase announced Wednesday by the United States Postal Service does have one change that could have some impact on trucking. If there is an impact, it is likely to be small. But a change in the pricing system for a service called First-Class Package Service...

Broadcom Inc. (NASDAQ: AVGO) in July announced a $19-billion acquisition of CA Technologies (NASDAQ: CA) (formerly known as Computer Associates Technologies) in an attempt to build a leading infrastructure technology company. Earlier this year, President Trump blocked Broadcom's acquisition...

The US mid-term elections may end the full Republican domination. Trade, tax, and regulation are at stake, and the US Dollar could rock. Here is everything you need to know ahead of the big event. 1) Who is up for election and what can change? American citizens will vote on all 435 members of the...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened On this day in 2001, U.S. President George W. Bush announced the establishment of the Department of Homeland Security. Where The Market Was The Dow closed around 1,0021.57 and the S...

By J.J. McCoy, Senior Managing Editor, for New Frontier Data Recent news that the U.S. Drug Enforcement Agency (DEA) is rescheduling cannabidiol (CBD) for use in FDA-approved medicine was warmly welcomed by the cannabis industry, but it felt confusingly tepid on delivery. Overall, the...

It was another big week for oil investors, with both WTI and Brent crude hitting their highest prices since 2014. Here’s a look at the latest key numbers from the oil market and some of the headlines that were moving oil prices this week. Weekly Reports On Tuesday, the American Petroleum...

The confirmation hearings on Supreme Court nominee Brett Kavanaugh became highly politicized after allegations of sexual assault became public and one of his accusers, psychology professor Dr. Christine Blasey Ford, testified before the Senate Judiciary Committee. Kavanaugh on Saturday afternoon...

Below is a list of notable corporate events for the week beginning October 1. Note, this list is not comprehensive and all dates are subject to change. All times are ET. Monday Economic U.S. PMI due at 10 a.m. Conferences Splunk Inc (NASDAQ: SPLK) Conference Oct. 1-4 Cantor Global Healthcare...

U.S. stocks started off the week on a high note Monday after a trade deal between the U.S., Canada and Mexico was announced on Sunday evening. The deal is called the United States-Mexico-Canada Agreement, or USMCA, and would replace the former North American Free Trade Agreement, or NAFTA. The deal...

The trade war and the Supreme Court nomination have captured most of the headlines in Washington in recent weeks, but Congress passed an under-the-radar bill this week that will have a major impact on the music industry. On September 25th, Congress passed the Music Modernization Act. President...