Business

Asian shares fall after Fed rate hike, tracking Wall St lead

The market continues to evidence signs of FRESH MOMENTUM. Putting this in the context of recent inflation data, British workers are effectively losing purchas...


Wall St dips after Fed rate hike; tech slumps again

Analysts said lacklustre data on U.S. homebuilder sentiment and industrial production dented confidence in light of the Federal Reserve's decision on Wednesda...


Congress seeks normalcy, heads back to work after shooting

The FBI said Thursday a 9 mm handgun and a 7.62 mm caliber rifle were found after Hodgkinson shot Scalise and three others Wednesday morning at a ball field o...


Friend says Trump is considering 'terminating' Mueller

Robert Mueller became Federal Bureau of Investigation director just days before 9/11. President Trump has railed against the Russian Federation investiga...


BoE to keep interest rates at 0.25% as inflation rises

Sterling climbed out of the red after a higher than expected number of Bank of England Monetary Policy Committee (MPC) members voted to raise interest rate...


Lynch action on Clinton inquiry 'totally illegal'

The president tweeted early on Tuesday: "A.G". He said the ethically-challenged Lynch nearly made him consider "whether I should call for the appointmen...


Deutsche Bank AG Reaffirms "Hold" Rating for The Sage Group plc (SGE)

The firm has "Underperform" rating by Credit Suisse given on Tuesday, May 9. Liberum Capital has "Hold" rating and GBX 1700 target. The rating was maintained by...


6 killed, 74 injured in massive London high-rise blaze

Firefighters deal with a blaze in the Grenfell tower block in west London on June 14. A bystander says he witnessed "people dangling children out the window...


London fire: Blaze engulfs apartment block in West London

The London Fire service has confirmed there were fatalities , while more than 50 people have been taken to hospital around the capital for treatment. "Many othe...


Premier League fixtures released

Newcastle hammered Spurs 5-1 in their last Premier League match, despite Aleksandar Mitrovic's red card, but Benitez is not expecting a similar result when...


Realty Income Corp (O) Expected to Post Quarterly Sales of $296.57 Million

Equities analysts predict that Kimco Realty Corporation will post $0.59 earnings per share for the current fiscal year. The real estate investment trust reporte...


Puerto Rico Election Shows Voters Favor Statehood

Puerto Rico has also held plebiscites in 1967, 1993, 1998 and 2012. "I want to stand eye-to-eye with the U.S. She uses US currency". The US territory of Puert...


House passes Dodd-Frank roll-back

President Trump had said he wants to do "a big number" on Dodd-Frank, and the House vote has moved that effort along. It would also weaken the authority of th...


Defense police expert: Yanez was justified in shooting Castile

Officer Jeronimo Yanez who fatally shot Philando Castile in his auto while his girlfriend and 4-year-old daughter were sitting in the vehicle, sobbed while tell...


US retail sales slide 0.3 percent, biggest drop in 16 months

Excluding cars, petrol, building materials and food services, retail sales were unchanged last month after an upwardly revised 0.6% rise in April. Retail sales ...


Fed Raises Key Interest Rate For The Fourth Time Since 2015

The news of Federal Reserve's decision on interest rates is shown on a TV screen on the floor of the New York Stock Exchange on Wednesday. The committee i...


Can Jeff Sessions avoid some questions by citing executive privi

Sessions , who has recused himself from the Justice Department's Russia probe due to his own contacts previous year with Russian officials, had originally bee...


London tower fire: What do we know?

Sky News is unaware if the woman or the other residents escaped the fire. When she got downstairs there was only four of them with her. Stories of horrific sc...


Fed raises key rate and unveils plan to reduce bond holdings

This persistence in expected hikes caused United States dollars strength to emerge as Yellen noted that the Fed continues to see conditions favorable in pla...


Sensex up, eyes Fed policy outcome

Inflation based on the wholesale price index fell to a five-month low of 2.17 per cent in May which lifted the investor sentiment, brokers said. The 30-share ...


Chelsea 1st to visit Tottenham at Wembley in Premier League

Spurs - who were beaten by Chelsea in their FA Cup semi-final at Wembley and lost two of their four European matches last season when they played "home" match...


Telstra Planning To Cut Up To 1400 Jobs

Telstra has revealed a raft of sweeping changes to the company's organisational structure as it prepares to let go of 1400 staff over the next six months . "I...


Madrid wanted me when I was 14, says Mbappe

A France global has revealed that Spanish giants Real Madrid have been interested in him since he was 14 years old. The 18-year-old striker, who scored 24...


Trump Claims 'Complete Vindication' After Comey Testimony

Trump Jr.'s appearance highlights a major legal risk for President Trump , who is now insisting that Comey committed perjury in his testimony before the Sen...


EI Group PLC (EIG) Rating Reiterated by Peel Hunt

The stock of Auto Trader Group PLC (LON:AUTO) earned "Buy" rating by Numis Securities on Friday, October 28. Telecom plus PLC has a 50 day moving average of...


Aides reportedly warned Trump against having Special Counsel Robert Mueller fired

Barry Bennett, a GOP strategist who served as an adviser to Trump's campaign , said he believed it would be too damaging for Trump to try to remove Muelle...


Bulgaria annual CPI records 2.3% inflation in May

The U.S. Labor Department said Wednesday that the consumer price index edged down 0.1% last month following a small 0.2% increase in April. The retail dat...


It's safe to buy a new Mac or iPad again

While it's a smart move to take advantage of the shrinking bezel trend, I can't help but feel that the 10.5-inch iPad Pro still doesn't solve the biggest fact...


Chairman Wu charts roller-coaster ride for Waldorf-owner Anbang

In a statement on its website, Anbang said Wu "cannot perform his duties due to personal reasons". It has not provided further details. Capital flow into Anba...


United Kingdom earnings after inflation shrink at fastest pace since 2014

The inflation rate in Britain has risen to its highest level in four years, as the drop in the pound since the Brexit vote pushes up the cost of living. Jun...


Traders Insight: CSX Corporation (CSX) stock price is worth at $53.87

Adams Asset Advisors Llc sold 37,265 shares as Murphy Oil Corp (MUR)'s stock declined 4.52%. Murphy Oil Corporation P/E ( price to earnings) ratio is 0 and For...


Court filing: Marsh seeks OK to sell 26 grocery stores

The deal hinges on the outcome of a dispute between Marsh and CVS Pharmacies. Marsh Supermarkets, at one time a leading Midwest supermarket chain based in IN,...


Amazon Prime Reload: Deal or no deal?

With it you can get a 2 percent reward on everything you buy from Amazon . That's the idea behind Amazon Prime Reload, a new cashback program for Prime sub...


Fed raises rates, gives details on balance sheet reduction

The 10-year Treasury note yield trimmed a drop by three basis points and the dollar cut its losses in half. Inflation data released Wednesday in Washington ...


Keshia Knight Pulliam speaks on Cosby loyalty on 'Today'

The jury is weighing three counts of aggravated indecent assault against Cosby , each carrying a maximum 10-year sentence. Jurors are now well into their th...


Verizon Completes Yahoo Deal, Marissa Mayer Exits

Despite the company's struggles, Yahoo's stock more than tripled while Mayer was chief executive, creating more than $30 billion in shareholder wealth.The $23...


Crude Oil Inventory Spread Is Rising: The Impact on Oil Prices

US crude inventories rose 2.753 million barrels at the end of last week, the American Petroleum Institute (API) said on Tuesday, well above the 2.739 millio...


Former Penn State president gets jail time for failing to report Sandusky

They reserved their harshest words for Spanier. Sandusky, 73, is serving a sentence of 30 to 60 years, and is appealing his conviction. Three former Penn Sta...


YouTube Star Austin Jones Arrested on Child Pornography Charges

According to a criminal complaint that was unsealed on Tuesday, Jones is accused of having a chat with one of the teenagers last month when he asked her to ...


Sessions to face sharp questions on Trump, Russia, Comey

Comey also said he thinks Trump fired him over the Russian Federation investigation. There are lots of questions for Sessions. "The American people also des...


Puerto Rico mulls political status in new referendum

Puerto Rico Governor Ricardo Rossello said voters in the economically troubled USA island territory were sending a strong message to Congress . "We Puerto R...


Schiff says firing Mueller would echo Watergate

He said he would agree to dismiss Mueller only if there were a legitimate basis to do so. "I won't mince words, " Leahy told Rosenstein on Tuesday. Technical...


North Korea releases US citizen Otto Warmbier

Mr Warmbier fell ill from botulism sometime after his March trial and fell into a coma after taking a sleeping pill. "We learned of this only one week ago", ...


Trump clings to coal as worldwide demand plummets

Despite this slowing, the incremental increase in demand in China made it the world's largest energy growth market for the 16th consecutive year. The year's...


Canadian dollar leaps on central bank's rate hike hints

Mr. Exarhos said uncertainty surrounding US trade policy and less-than-stellar performance from exports likely rules out an imminent rate increase on July 12,...


AG Mills vows to 'challenge' Trump attempts to unwind Katahdin national monument

The Utah congressional delegation had urged the Trump administration to overturn the Obama designation, and Grand Stairway-Escalante National Monument designa...


Trump Offers 'Warm Support' to Theresa May After Poll Setback

While the Conservative party came first, it lost its parliamentary majority, and is now set to secure the support of Northern Ireland's Democratic Unionist P...


Sears Cuts 400 Jobs

As part of the organizational restructuring, the company first eliminated open positions and reduced contract employees in an effort to minimize the impact on f...


Tillerson: North Korea releases US citizen Otto Warmbier

Rodman returns to North Korea at a time of great tension between Washington and Pyongyang , as four Americans are now being held in the Asian country. "We al...


Rosenstein Says He Won't Fire Special Counsel Unless There's Good Cause

And all of his answers seemed intended as a signal that to fire Mueller without an extremely good reason, Trump would have to fire him too. Sessions' Democratic...