Alphabet, the parent company of Google, bounced back from an absolutely dreadful day for tech shares, as its stock surged Thursday after the closing bell. All it had to do was to hand out billions of dollars to investors. The tech giant announced its first quarterly cash dividend, saying it…

The Bank of Japan is set to hold interest rates after its first hike since 2007 in March. The focus will be on BoJ’s updated forecasts and Governor Kazuo Ueda’s press conference. The volatility around the Japanese Yen could spike on the BoJ policy announcements. The Bank of Japan (BoJ)…

ConsenSys has officially thrown down the gauntlet, filing a lawsuit against the U.S. Securities and Exchange Commission (SEC). Their beef? They’re slamming the SEC for what they claim is an “unlawful seizure of authority” over Ethereum. This isn’t just a scuffle over technicalities — it’s a full-on battle to keep…

POLITICS

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The Justice Department is investigating McKinsey & Company, one of the world’s largest consulting firms, over its role in advising drug companies on how to boost sales of opioids, according to sources familiar with the matter. Prosecutors from Virginia and Massachusetts are leading the criminal investigation, the sources said, and are coordinating with the Justice Department’s civil division in Washington, DC. The probe is focused on advice that McKinsey gave to pharmaceutical companies about selling the highly addictive prescription drugs, sources said. CNN has reached out to McKinsey for comment. Critics have said that McKinsey’s work to help opioid manufacturers…

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CNN reporter describes scene inside Trump trial courtroom CNN’s Brynn Gingras describes former President Donald Trump’s demeanor in court during former publisher of the National Enquirer David Pecker’s testimony as…

Investing

Here at Contrarian Outlook, we prefer slow—as in slow-moving share prices. And high—as in high yields. As to why, well, I need to address why other (less sophisticated) investing websites have bad information regarding a very good fund. So bad, in fact, that vanilla investors are scared to buy this…