Economy

Markets mostly up after Fed news

Markets mostly up after Fed news Analysts at Deutsche Bank signaled in a report this week that the "great central bank unwind" could lead to another financial crisis, reports MarketWatch : "You slowly become anchored to believe the current situation is normal as it's persisted for so long now", the analysts wrote, according to MarketWatch . [Full Article...]

Global stocks flat as investors await Fed meeting results

Global stocks flat as investors await Fed meeting results While an interest rate increase is not expected, investors will closely watch Fed Chair Janet Yellen's views on inflation, which remains stuck below the Fed's 2-percent target rate. Technology and financial companies were down the most. BEYOND DISAPPOINTED: Shares in Bed Bath and Beyond plunged 15.6 percent after the home goods retailer reported that its latest quarterly sales at stores open a... [Full Article...]

Flipkart, Amazon squabble over products as sale season peaks

Flipkart, Amazon squabble over products as sale season peaks The official sources of Flipkart say that the users will enjoy a 90% discount on nearly all deals. Amazon is offering a 32-inch TCL TV free with a 65-inch TCL 4K LED Smart TV at Rs. There will be huge discounts on big screens. The soundbar can help improve the sound experience on your big-screen TV . Starting with the Google Pixel XL , the 32GB model is available for Rs. [Full Article...]

Chinese bitcoin exchange announces end to trading

Chinese bitcoin exchange announces end to trading Cryptocurrency mining in China is huge, and traders rely heavily on blockchain transactions. Bitcoin is having its worst week in years as its value plummeted below $3,000 on Friday morning. Chinese authorities will close down bitcoin exchanges across the country, according to Market Watch . Bitcoin is now down almost 30% from its peak at above $5,000 on September 1. [Full Article...]

Spirit Airlines moves hundreds of employees to Michigan ahead of Hurricane Irma

Spirit Airlines moves hundreds of employees to Michigan ahead of Hurricane Irma FLL is closing the airport Saturday and Sunday. This past week saw an extremely busy Florida airspace with thousands scrambling to leave before the hurricane hit. In addition, the airline has capped fares at $99 for those returning to affected areas between 10 September to 17 September. An agent from JetBlue told News 12 that they seem to be the only ones flying in and out of Florida ... [Full Article...]

Local homeowners reviewing insurance policies in response to Harvey flooding

Local homeowners reviewing insurance policies in response to Harvey flooding This was allegedly to limit insurance abuses. Governor Abbott gave a statement saying he isn't changing the the bill, and that it won't affect the claims involved in Harvey, stating that every valid claim will be paid regardless of when it's filed. [Full Article...]

Uber Names New CEO

Uber Names New CEO Khosrowshahi , 48, would take on the daunting task of leading Uber out of a almost year-long crisis. Observers and those close to the matter were expecting Khosrowshahi , 48, to take up the job after the board of Uber unanimously voted in his favor. [Full Article...]

US CPI data will set the tone for the day

US CPI data will set the tone for the day Core is expected at 1.7% y/y, the same as in June. During the last 12 months, the CPI showed consumer prices rose by 1.7%, slightly higher than in June but below the 1.8% expected. "If the data continues to come in on the softer side, the market might start to price the Fed staying on hold this year", said Sireen Harajli , FX strategist at Mizuho in NY. [Full Article...]

'UN must put pressure on North Korea to de-escalate nuclear tensions'

'UN must put pressure on North Korea to de-escalate nuclear tensions' Anchor: Japan has said that it could intercept North Korean missiles headed towards Guam if they pass over the Japanese territory. In 2013, state media cited leader Kim Jong Un as having ordered his military to prepare plans on launching strikes on USA military bases in Guam , Hawaii and South Korea as well as the American mainland. [Full Article...]

Deshaun Watson took plenty of snaps, more than a few hits

Deshaun Watson took plenty of snaps, more than a few hits That doesn't mean O'Brien thinks Watson doesn't have things to iron out. "He was on the practice squad going against guys like Josh Norman and Bradberry from a year ago". Panthers quarterback Cam Newton , who has been limited in recent practices because of shoulder soreness following offseason surgery, didn't play. [Full Article...]

The Pursuit Of The Grand Slam Begins For Jordan Spieth

The Pursuit Of The Grand Slam Begins For Jordan Spieth Spieth is looking to seal a career grand slam at the golden age of 24 years and 17 days . That has seen McIlroy installed as a ahead of Open champion Jordan Spieth, who needs to win to become the youngest player - and just the sixth in history - to complete a career grand slam. [Full Article...]

Australian PM to persist with popular vote for gay marriage

Mr McLennan warned the process could further damage the ABS, which came under fire past year for its handling of the national census and said he had heard "alarm bells" upon learning of the government's plans. Co-chair Alex Greenwich attended Senator Cormann's press conference, telling reporters afterwards the government's approach to marriage equality had gone "well beyond a joke". [Full Article...]

A fork in the Bitcoin road

A fork in the Bitcoin road The price has firmed since the US Securities and Exchange Commission ruled that so-called initial coin offerings being used to raise funds by blockchain projects, could in many cases be considered securities. Bitcoin Cash isn't yet actually available, but should be once block 478559 gets mined. Bitcoin Cash is different from its parent in two ways, 1) it directly increases the block size ... [Full Article...]

Tesla Model 3: Speaking to prospective owners of new electric model

Tesla Model 3: Speaking to prospective owners of new electric model It's already pretty popular, too . The Model 3 is something of the culmination of Tesla founder Elon Musk's grand plan, which always envisaged high-price, low-volume models would help the company build momentum and resources before the launch of a mass-market vehicle - and that auto is the Model 3 . [Full Article...]

Nitish back as Bihar CM, Sushil Modi is Deputy CM

Nitish back as Bihar CM, Sushil Modi is Deputy CM Backed by the BJP, Nitish Kumar on Thursday returned as the Bihar chief minister for the sixth time barely a day after his dramatic resignation that dented opposition's unity which could have a bearing on the 2019 Lok Sabha polls. And given that JD (U) shared a good working relationship with BJP during their earlier tie-up, dissolving the mahagathbandhan became a beneficial prospect for Nitish... [Full Article...]

U.S. stocks edge higher; bond yields fall following Fed

U.S. stocks edge higher; bond yields fall following Fed That said, inflation is becoming the most important indicator for the central bank, and with inflation having declined to 1.6 percent in June compared to 2.7 percent in February, the 2-percent Fed inflation target seems harder to achieve and sustain. [Full Article...]

Ram Nath Kovind To Be 14th President Of India

Ram Nath Kovind To Be 14th President Of India But the former governor who will become the country's second Dalit President may not be the only one setting records. Rahul Kul of the Rashtriya Samaj Party (RSP) led by Mahadev Jankar is also a supporter of the BJP . Presuming that all 12 MLAs of the BJP, besides three each of its allies GFP, MGP and three independents voted for Kovind, his tally would have stood at 21. [Full Article...]

European Central Bank keeps stimulus pledge despite stronger growth

European Central Bank keeps stimulus pledge despite stronger growth ING's Chief Economist Carsten Brzeski said following the announcement that Draghi should be expected to emphasize the continued presence of the European Central Bank . But markets have begun the day on the front foot ahead of today's meeting. The DAX of Germany dropped 0.04 percent and the CAC 40 of France fell 0.32 percent. [Full Article...]

The Nintendo Switch Online app has launched on iOS & Android

It all seems more cumbersome than it should be, especially since Xbox Live and PlayStation Network let you get a chat session going regardless of what you and your pals are playing. Our first taste of Nintendo's new online service is here. Voice chat will work in different ways depending on what game a user is playing. Regardless, if you want to get ahead of the game, you can go ahead and gr... [Full Article...]

Brides-to-Be Lose Their Wedding Gowns to Alfred Angelo Bankruptcy

Brides-to-Be Lose Their Wedding Gowns to Alfred Angelo Bankruptcy With a proof of purchase from Alfred Angelo , brides can get a dress for free from the Warehouse. Redmond stated, "Someone said: 'You've ruined my life.' I said, 'No, I probably didn't.' One said: 'I really apologize". Creditors now have until November 27th to file a proof of claims against Alfred Angelo. In Alfred Angelo's bankruptcy filing, it revealed that it had no more than $50,000 in ... [Full Article...]


1 2 3  Next »