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Fed hikes key rate and unveils bond trimming plans
The policymakers signaled that they still expect to raise rates once more in 2017. Further, last month's jobs report saw weak employment growth, weak wage growt...
Fed cuts inflation, unemployment rate forecasts
Solid job gains have pulled down the unemployment rate to lower-than-expected levels, at 4.3% in May, but inflation has unexpectedly slowed. This would re...
S.Africa's rand clings on to gains despite downgrade fallout
S.Africa's rand clings on to gains despite downgrade fallout
Moody's has assigned MTN Group Limited a Ba1 corporate family rating (CFR) and a Ba1-PD probability of default rating (PDR) and has withdrawn MTN Group Limited'...
Kevin Durant Shows DC Love After NBA Championship Win
Kevin Durant came to Golden State looking for a championship and found a band of brothers who, as it turned out, were exactly what he needed to finally captu...
Commotion As US Congressman Is Shot During Baseball Practice
Chuck Fleischmann, R-Tenn., said the baseball practice session was nearly over when the shooting occurred on the field, he said. "You never expect a baseb...
Inflation climbs to near four-year high of 2.9%: ONS
Inflation climbs to near four-year high of 2.9%: ONS
The increase in the Consumer Price Index (CPI) measure of inflation left it at its highest level since June 2013. The biggest upward impact on the cost of l...
Trump on existence of Comey recordings: 'You're going to be very disappointed'
Trump said that he "did not say that", but "there would be nothing wrong if I had". Trump, in his first press conference since Comey's congressional testim...
Bankitalia, per le banche venete serve soluzione in tempi brevissimi
La condizione delle due banche rimane infatti emergenziale e se fin qui l'orologio europeo sembrava marciare a un ritmo più lento di quello italiano, ora è nece...
Mortgage Rates Unchanged at BB&T Bank, Suntrust Wednesday Jun 14, 2017
The jumbo options for the 30 year refinance loans have been quoted at 3.625% and April of 3.775%. While the MBA mortgage rate cited above is for a 30-year fix...
Fed Raises Key Interest Rate For The Fourth Time Since 2015
Fed Raises Key Interest Rate For The Fourth Time Since 2015
The Fed kept forecast for economic growth this year of 2.2 percent, up slightly from its March forecast, with growth of 2. 1 percent in 2018 and 1.9 percent in...
Fed raises interest rates for second time in three months
Fed raises interest rates for second time in three months
The Committee now expects to begin implementing a balance sheet normalization program this year (https://www.federalreserve.gov/newsevents/pressreleases/mon...
US Dollar and Treasuries Are Stable before the Fed's Meeting
The one exception was in the weeks after the Trump election where the markets were excited about his promised growth and stimulus plan that is still quite the m...
Fed raises key rate and unveils plan to reduce bond holdings
Fed raises key rate and unveils plan to reduce bond holdings
That's the highest level since 2008, when policymakers cut rates to encourage borrowing and spending after the financial crisis. After rate hikes in December...
US Sees Crude Output Breaking 48-Year-Old Record in 2018
Oil prices have dropped and continue to trade below $50 per barrel, as global crude markets continue to remain oversupplied although Middle East tension and...
Pulitzer Prize Winner Tracy K. Smith Named New US Poet Laureate
In the Pulitzer Prize citation for " Life on Mars ", judges lauded its "bold, skillful poems, taking readers into the universe and moving them to an authentic m...
Crude oil facing stiff resistance at the $50 per barrel mark
Global benchmark Brent crude futures was down 1.7 percent, or 80 cents, at $49.75 a barrel, as of 0725 GMT. NEW YORK, June 2 ( Reuters ) - Crude fell mor...
United States key interest rate highest since 2008
United States key interest rate highest since 2008
The job market - with unemployment at a 16-year low of 4.3 percent - has improved to such an extent that the Fed is thought to feel it's time to modestly rais...
Rafael Nadal breezes into French Open final eight
Rafael Nadal breezes into French Open final eight
Nadal has been in red-hot form all through the Grand Slam , just conceding 20 games on his way to the quarterfinals. The Serb also confirmed that coach And...
United Airlines employee pushes 71-year-old to floor, leaves him motionless
United Airlines employee pushes 71-year-old to floor, leaves him motionless
United Airlines is apologizing yet again after a video showed an airport employee at Houston Bush Intercontinental Airport shoving a 71-year-old customer to the...
US Federal Reserve raises interest rates for third time in six months
US Federal Reserve raises interest rates for third time in six months
Another measure of inflation , the Consumer Price Index, dipped to 1.9% year-over-year in May. U.S. crude is down 3.7% at the time of writing, to $44.74 a ba...
Recent Analysts Ratings People's United Financial Inc. (PBCT)
Altfest L J & Co. People's United Finl (NASDAQ:PBCT) shares traded on -0.22% down secure line and closed at $17.79. Several institutional investors have rec...
The Boeing Company (BA)
Capital World Investors now owns 50,414,174 shares of the aircraft producer's stock worth $6,641,563,000 after buying an additional 2,737,375 shares in the last...
KBC Group NV Takes Position in Chesapeake Energy Corporation (CHK)
Stock traders purchased 25,261 put options on the company. Capstone Asset Management Co. raised its stake in shares of Chesapeake Energy Corporation by 0.4% i...
Bahrain central bank raises key rates by 25 bps
Bahrain central bank raises key rates by 25 bps
Trump has sent mixed signals about whether he would nominate Yellen for a second term. As financial markets had anticipated, the Federal Reserve approved it...
George Clooney's pal Tilda Swinton gets last laugh over his newborn twins
George Clooney's pal Tilda Swinton gets last laugh over his newborn twins
Here's what men and women really think about farting in relationships . "She was so remarkable and he was so remarkable around her", he said. When asked about...
Travis Scott and Kylie Jenner get matching butterfly tattoos
Travis Scott and Kylie Jenner get matching butterfly tattoos
Jenner admitted that she has not really been herself when it comes to all the photos and videos she puts out. "Y'all gonna tell me that Kylie Jenner didn't...
ICICI Bank Ltd. (IBN) Went Down 1.35% in the last trading session
On the other hand the company has Relative Strength Index (RSI 14) of 52.95 along with Average True Range (ATR 14) of 0.21, Consequently Icici Bank Ltd (NYSE:IB...
Unknown number of people perish in London high-rise blaze
Fire chiefs said it was too early to speculate on the cause of the blaze. Residents suggested that there had been problems with the gas supply in the days pre...
United Kingdom urges Gulf nations to de-escalate tensions
Sheikh Mohammed bin Abdulrahman Al Thani said Monday that Qatar is in contact with worldwide aviation authorities and legal organizations as it tries to fight b...
Republican House Whip Steve Scalise, congressional staffer shot in Virginia shooting
Republican House Whip Steve Scalise, congressional staffer shot in Virginia shooting
The shooter, who she saw duck several times, was near a set of stairs about 50 feet from the officers. One Capitol Hill police officer also suffered a gunshot w...


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