Finance

Text of the Fed's statement after its meeting Wednesday

Fed officials lowered their forecast for unemployment rate for 2017 down to 4.3 percent, compared to 4.5 percent projection made in March , while their fore...


Chelsea 1st to visit Tottenham at Wembley in Premier League

They'll open their campaign against Watford at Vicarage Road - the scene of Emre Can's Goal of the Season last campaign - with the first home game of the se...


Uber CEO to Take Leave, Diminished Role after Workplace Scandals

The pioneering company has been facing pressure to rein in a no-holds-barred management style led by Kalanick and to reform its workplace culture, which has s...


US Fed raises interest rates, fourth increase since Dec

They tend to raise their savings interest rate in much closer timing with the federal funds rate . Federal Reserve Chair Janet Yellen is pressing ahead w...


New Zealand Reports Stable Q1 Economic Growth Despite Slowdown in Building Activity

When population factors are taken into account however GDP growth per capita decreased in the quarter by 0.1 per cent. "At an industry level, 11 out of 16 indus...


Federal Reserve Hikes Key Rate, Unveils Bond Trimming Plans

Unemployment dipped to 4.3 percent in May, a 16-year low. In a statement released Wednesday , the Fed said that the labor market strengthened in May, whil...


Drag and Drop Functionality for iPhone Hidden in iOS 11

Developers, on the other hand, may do it on their own, but such tricks will require iOS 11 jailbreaks. Another great, small feature , instant Wi-Fi sharing...


De Villiers confident of leading South Africa in 2019 World Cup

The capitulation meant South Africa were all out for 191 and India , who had bowled professionally and disciplined, were guided home by impressive knocks fro...


Durant, Warriors help ABS-CBN win ratings battle for Tuesday

The Cleveland Cavaliers' bid to defend their National Basketball Association championship ended in defeat Monday night, as the Golden State Warriors preva...


US politician shot at baseball practice in critical condition after surgery

The House cancelled proceedings for the day. "We have a closer relationship because we practice baseball at 6:30 in the morning", Costello said . That game w...


US Federal Reserve raises interest rate

After a two-day meeting, the Fed raised the target range of the federal funds rate to 1% to 1.25%, the third consecutive quarterly increase. Chair Janet Yel...


Inflation climbs to near four-year high at 2.9%: ONS

The worst performing sectors in April were manufacturing, capital goods, and consumer durables. 'Bank of England policymakers had previously said they expec...


Fed raises key rate; unveils plan to reduce bond holdings

We have now seen weaker readings in the Consumer Price Index (CPI) and the Producer Price Index (PPI) for May. Since the last Fed bond buy in late 2014, the S...


Federal Reserve boosts interest rate

Probable decision of the US Federal Reserve System (Fed) to raise the key rate won't have a big effect on the Azerbaijani manat's rate, John Hardy, Saxo Bank'...


Sheriff: Lawmen 'desperately' searching for killer inmates

Police are searching for two inmates who escaped after shooting two prison guards dead while being transported in a bus on Tuesday morning in Putnam County in t...


Fed raises key rate and unveils plan to reduce bond holdings

America, interest rates are going up. Federal Reserve raises benchmark interest rate to 1%-1.25%. The vote to hike interest rates was 8-1. In December and...


Fed raises rates and outlines balance sheet reduction plan

Traders now see March 2018 as the earliest meeting at which the US central bank would next lift its target for overnight borrowing costs, giving it about a 52 p...


Exxon Mobil Corporation (XOM) — Morning Trending Stocks

Spot Trading Llc decreased its stake in Exxon Mobil Corp (Put) ( XOM ) by 19.83% based on its latest 2016Q4 regulatory filing with the SEC. Sentinel Tru Com Lba...


Oil prices pull back ahead of United States inventory data

American crude production will average more than 10 million barrels a day in 2018, breaking a record nearly five decades old, according to the Energy Informa...


Fed hikes key rate and unveils bond trimming plans

Traders on the floor of the New York Stock Exchange watch news reports emerge about the Federal Reserve's decision to raise interest rates. Its latest f...


(NASDAQ:SCMP) and Ingredion Incorporated (NYSE:INGR)

Proshare Advsrs Limited Com reported 34,044 shares stake. (NASDAQ:SCMP) on Friday, October 9 with "Neutral" rating. One research analyst has rated the stock wit...


US consumer prices slipped 0.1 percent in May

Month-over-month, consumer price inflation rose by 0.3% in May, compared to forecasts for a 0.2% increase and the 0.5% gain registered in the previous month. Ov...


The Latest Analyst Coverage For Carnival Corporation (CCL), UnitedHealth Group Incorporated (UNH)

On average, equities research analysts expect that Carnival Corporation will post $3.72 EPS for the current year. Carnival Corp's Wall Street analysts see 23.68...


Oil prices drop over fears of Libya's oversupply

Dozens of American producers fell into bankruptcy and countless oil workers lost jobs. Russian Federation in the past had scoffed at efforts to cut back on ...


Analysts See $0.73 EPS for Oracle Corporation (ORCL)

About 12.01M shares traded or 18.21% up from the average. Oracle Corporation (NYSE: ORCL ) has risen 14.08% since June 13, 2016 and is uptrending. It has unde...


US consumer prices slipped 0.1 per cent in May

The Fed still foresees prices, as measured by a gauge tied to consumer spending, rising 2 percent in 2018 and 2019, achieving its target. "Core CPI Inflati...


Important Analyst's Ratings to Watch: Commercial Metals Company (CMC)

News headlines about Commercial Metals Company (NYSE: CMC ) have been trending somewhat positive on Tuesday, according to Alpha One Sentiment. It has underper...


Fed Raises Key Interest Rate For 4th Time Since 2015

Fed officials reiterated their belief that that both inflation and economic growth will pick up. Stocks floundered after the Fed raised interest rates by a...


British Conservatives, Northern Ireland's DUP deep into negotiations to form government

Arlene Foster, leader of Northern Ireland's Democratic Unionist Party , will also have an important voice as the government will have to rely on her party'...


Verizon Closes $4.5 Billion Yahoo Deal, Marissa Mayer Resigns

Yahoo and AOL will form a new digital media company under Verizon called Oath. As previously announced , Yahoo's internet business will be combined wi...


US Fed poised to hike despite weak inflation

The Canadian dollar strengthened to hit two months high against its US counterpart on Tuesday as comments by Bank of Canada Governor Stephen Poloz supported the...


Rafael Nadal Next Opponent

Meanwhile, Rafael Nadal will face fellow Spaniard Pablo Carreno Busta in the other quarter-final on Tuesday. But what that score does not reveal is that Thi...


Does Yahoo! Inc. (YHOO)'s current closing price competes the market?

Everence Capital Mngmt reported 0.19% stake. (NASDAQ: YHOO ). Wolverine Asset Mgmt Limited Liability Company accumulated 3.75 million shares. Northwestern Mutua...


MGIC Investment Corporation (MTG) Receiving Somewhat Positive Press Coverage, Report Finds

Its share price has risen 4.82% in three months and is up 2.59% for the last five trades. Two research analysts have rated the stock with a hold rating, eight h...


United Airlines Employee Pushes Down Passenger, 71

According to KPRC , Anastasia had been charged with a felony after pushing Tigner. United apologized for the incident on Tuesday, saying the footage shows "c...