U.S. government debt prices were broadly lower on Friday morning as investors eyed the release of existing home sales at 10:00 a.m. ET and developments in France, where the first round of the French presidential will take place on Sunday. The yield on the benchmark 10-year Treasury note was higher at around 2.2427 percent, while the yield on the 30-year Treasury bond was also higher at 2.8938 percent. Sunday will see French voters cast their ballots in the first round of their presidential elect

The pan-European Stoxx 600 was 0.03 percent higher with basic resources stocks leading the gains after positive earnings reports in the sector. Banking stocks also moved higher in early deals, but soon dropped into negative territory. Trump also ordered the Treasury to find and reduce tax burdens and review post-financial crisis reforms into banks and insurance companies. Looking at individual stocks, Software AG reached the top of the European benchmark in early deals, up by 4.2 percent. The fo

U.S. stock index futures pointed to a higher open on Friday morning after Treasury Secretary Steven Mnuchin said the White House would unveil a tax plan “very soon.” Investors will be keeping an eye on earnings and watching developments in Europe, where the first round of the French presidential will take place on Sunday. On the earnings front, General Electric, SunTrust and Steve Madden are among companies set to report before the bell, while Morningstar is set to report after the bell. Sunday

A big part of that is its successful line of Shandy, beer that’s mixed with a soft drink. “Early indications are we’re going to exceed our summer Shandy plans this year.” In addition to the continued strength of the flagship Summer Shandy brand which was first introduced in 2007, a grapefruit Shandy brand extension has also proven to be a hit. So while the Jacob Leinenkugel Brewery Company celebrates its past and the Leinenkugel Shandy remains a current summer success, Dick Leinenkugel is lookin

Leave it to Wall Street to come out on 4/20 with comprehensive research about the negative ramifications of rising cannabis use on alcohol consumption. Cowen lowered its rating for Molson Coors on Thursday to market perform from outperform, saying the beer company’s sales will suffer due to increasing marijuana use. The analyst noted during the three most recent cycles of alcohol consumption there was a “notable inverse correlation with cannabis use.” She cited how during the 1980s and 1990s alc

Additionally, a 2015 University of New Hampshire survey found that nearly three-quarters of those polled oppose a broad minimum wage mandate of $15 per hour. Echoing a frequent critique of the minimum wage policy, the survey found that five out of six economists believed it would have negative effects on youth employment levels. Supporters of a higher minimum wage, however, remain undeterred. She charged Wal-Mart with adding to the problem of stagnant working-class wages by wielding its “tremend

The idea that acres of plastic and other garbage now litter our vast oceans isn’t a new discovery, of course. Rather than trying to round up discarded plastic using boats and nets — a solution that oceanic experts say could cost billions of dollars and take thousands of years — Slat’s solution has the plastic coming to him. Though Slat says he’s received money from the Dutch government, that’s not the kind of funding he prefers. The testing of Slat’s technology began in earnest last summer and w

Portugal’s economic progress in recent years makes it increasingly difficult for the three main rating agencies to explain why they have left Lisbon with a junk investment grade, a top government official told CNBC on Thursday. Speaking on the sidelines of the International Monetary Fund spring meeting in Washington, Portugal’s deputy finance minister argued domestic reforms in one of Europe’s beleaguered economies should not be dismissed simply as an act of “smoke and mirrors”. Moody’s, Standar

Current Prime Minister Theresa May hopes to strengthen her plans for a hard Brexit by translating her party’s perceived popularity into further parliamentary seats. The Conservatives currently hold 330 of a total 650 seats, giving the party a slight 17 seat majority. Current opinion polls suggest, however, that this could increase by around 50 in the upcoming election. Meanwhile, traditional conservative policies of increased business investment and continued deficit reduction are likely to unde

Weddings aren’t cheap — even if you’re not the one getting married. Multiply that by an average three weddings per year, and celebrating other people’s marriages is no small expense. A big contributor: One in five weddings is a “destination wedding” somewhere other than the couple’s home, per The Knot. Those travel costs can add up for friends and family attending. Nearly 40 percent of consumers say they have spent more than $600 on travel for a wedding, according to a new survey from Priceline.

Amid the firestorm of blame about drug prices, a new report has just made one thing clear: pharmaceutical companies are dependent on them for growth. The companies most dependent on price increases for growth, per the Credit Suisse report: Biogen, Eli Lilly and AbbVie, for which U.S. net price growth accounted for more than 100 percent of total net income growth last year. That means without price increases, earnings would have declined. Those least reliant on price increases, the report showed,

If genius is one percent inspiration and 99 percent perspiration, maybe these framed tech patents can be the spark you need to come up with the next big thing. Retro Patents turns the patents for some of the most popular tech gadgets and start-ups into stylized prints for your home. The company was started by Aidan Sliney and Craig Wilson, who have some experience in the start-up space themselves. Before Retro Patents, they founded Soundwave, a company that tracked which songs people are listeni

There just might be $100 billion of cash looking for a deal. JPMorgan’s global mergers chairman, Kurt Simon, recently dangled the audacious notion that the capital markets could fully finance a 12-figure acquisition. He didn’t suggest such a transaction was in the works, though, and there aren’t many plausible targets. And just over six months ago, Bayer clinched its takeover of U.S. seeds producer Monsanto in the largest-ever all-cash deal at $66 billion. A scan of S&P 500 Index constituents tu

Shares of Mattel fell as much as 8.6 percent in after-hours trading Thursday, as it reported first-quarter revenue and earnings that missed Wall Street’s expectations. That was worse than the expected loss of 17 cents per share, according to a consensus of analysts polled by Thomson Reuters. Mattel reported net revenue of $736 million for the quarter, below estimates for $801 million. Mattel shares are down more than 23 percent over the past year. The company reported that sales in its girls and

The attempt to crack down on these crimes is driving governments and a range of companies to pursue the potential of a cashless society. “Cash plays a big role in crime. “Even though we have bitcoin, gold coins, uncut diamonds … you still find cash playing a major role [in crime], because it’s basically government-licensed, anonymous currency. “Getting rid of hundred-dollar bills and even fifties is hardly going to end crime, but [those bills] are a very convenient way to stash money, store mone

Canada has also reached an agreement with Germany to allow the European superpower to import medical cannabis. In 1964, an Israeli scientist discovered tetrahydrocannabinol, or THC, the main psychoactive constituent of cannabis and he later identified the endocannabinoid system, the foundation of medical cannabis methodology. Other countries that have decriminalized or legalized medical marijuana include Spain, Mexico, Australia, Italy, Colombia and South Africa. Recent conversation in Washingto

Plastc launched in 2014 with the promise of shipping a single card that could digitally hold 20 credit or debit cards that a user could switch between. The company raised more than $9 million through preorders, and today, after shipping to no backers, the company said it’s planning to file for bankruptcy and will shut down. With that, all backers’ money is lost, and no Plastc cards will ship. Plastc announced the news on its website today along with the fact that all its employees have been laid

Add to the list of problems at Uber: Driver retention. Only 4 percent of people who sign up to drive for the ride-hailing service are still driving a year later, according to a report in The Information. But the number one complaint among Uber drivers is the pay, according to undisclosed data seen by The Information. Many Uber drivers have complained about unfair compensation for long trips, and not being able to accept tips. An Uber spokesman told The Information: “We recognize we need to impro

Managing the three-floor Olive Garden restaurant at 2 Times Square in Manhattan, which offers seatings until 2 AM and often has lines two hours long, is no easy task. You must provide comfort food to tourists and homesick New Yorkers alike, and help all visitors looking for a break from the hectic city of strangers outside feel like they are, at least for an hour or so, “family.” In an epic Q&A, Bay Area writer Joe Wadlington offers insights, courtesy of a former general manager, into just how h

The legal cannabis industry is booming. The expansion and growth has recently been compared to the way broadband internet spread in the 2000s, or even the dot-com boom. One of the latest predictions is that more jobs will be created in legal marijuana than in manufacturing by 2020. This is an exciting time for folks looking to work in the industry, and there are many different jobs that need to be done. Let’s take a closer look at a few of the highest paying jobs in the legal cannabis industry.