Finance

Dollar under pressure as pace of USA inflation slows

Dollar under pressure as pace of USA inflation slows

The Fed raised its growth outlook for the United States economy. The amount of securities the Fed held on its balance sheet ballooned from less than a trillion dollars before the crisis to roughly...

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Federal Reserve Raises Rates For Third Time Since December

Federal Reserve Raises Rates For Third Time Since December

The Fed has $4.2tn of United States treasury bonds and mortgage-backed securities on its balance sheet. "The Committee now expects to begin implementing a balance sheet normalization program this ...

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Eaton Vance Corporation (EV) Stake Decreased by TD Asset Management Inc

The Fund's primary investment objective is to provide current income and gains, with a secondary objective of capital appreciation. The stock has "Outperform" rating by IBC on Monday, June 5. Therefor...

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Lady Brexit meets Monsieur Europe: May, Macron to have talks

The strongly pro-EU French leader said the talks should get started quickly and noted that "once we begin we will have to all bear in mind that it will be much more hard to turn back around". She said...

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President calls for unity in wake of shooting

At least 4 people were hit. According to a police tweet, the suspect is in custody. The shooter was identified as James T Hodgkinson, a 66-year-old home inspector from IL who had several minor r...

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Caution on United Kingdom economy as inflation hits four-year high

Caution on United Kingdom economy as inflation hits four-year high

The impact of the fall in the pound since last year's Brexit vote made itself felt in Tuesday's inflation data as the higher cost of foreign holidays and imported computer equipment and video games ...

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Turkey's Erdogan slams 'inhumane' isolation of Qatar

Pakistan's prime minister on Tuesday expressed hopes for a swift resolution to the crisis with the energy-rich nation of Qatar, which has seen major Arab countries and others cut ties and move to isol...

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The Fed Raises Interest Rates Again, but Where's the Inflation?

The Fed Raises Interest Rates Again, but Where's the Inflation?

The Fed says it expects to begin implementing a balance sheet normalization program this year, provided that the economy evolves broadly as anticipated. The majority of both homeowners and prosp...

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Hot Stock Overview: Intel Corporation

Hot Stock Overview: Intel Corporation

From the opening price, the stock has seen a change of -0.79% recently clocking in with a price of $35.74. Investors are expecting that Intel Corporation (NASDAQ:INTC) will issue their earnings rele...

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Michigan's May jobless rate falls

Michigan's May jobless rate falls

The ministry plans to continue pushing for the supplementary budget to implement policies to create jobs and help the younger generation find work, and to mediate high-quality job opportunities betwee...

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5 things to know about the latest Federal Reserve rate hike

5 things to know about the latest Federal Reserve rate hike

In a move widely expected by markets, the Federal Reserve has increased rates for the second time this year by a further 25bps, and has indicated it is still planning to raise them once more in 2017, ...

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Fed raises key rate; plans to reduce bond holdings

The Fed's preferred measure of underlying inflation has retreated to 1.5 per cent, from 1.8 per cent earlier this year, and has run below the central bank's 2 per cent target for more than five years....

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Deadly blaze tears through 27-floor London high-rise

At its peak, there were more than 250 London firefighters, with more than 40 fire trucks, an army of paramedics and fleets of ambulances. Flames shot from windows all the way up the side of the ...

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Sessions defiant in Senate panel testimony

Sessions said he recused himself from the Justice Department's Russian Federation investigation only because of a regulation to require the step because of his involvement in the Trump ca...

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EPS Growth overview of Petroleo Brasileiro SA - Petrobras (PBR)

Petroleo Brasileiro S.A. - Petrobras (NYSE:PBR)'s revenue estimates for the current quarter are $24.99 Billion according to 3 number of analysts, for the current quarter the company has high revenu...

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Retail inflation dips to 5-yr low; industrial growth sinks

The Consumer Prices Index ( CPI ) rate was 2.9% in May, up from 2.7% in April, well above the government's inflation target of 2%. Month-on-month, output prices edged up 0.1 percent compared to a ...

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Fed raises interest rates

By using a gradual pace for reducing its bond holdings, the Fed hopes to avoid upsetting financial markets. As expected , the Fed opted to raise rates 25bps, from 1.00% to 1.25%. Fed officials have...

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Fed hikes key rate and unveils bond trimming plans

The U.S. dollar strengthened against the yen in the late United States session on Wednesday as greenback clawed back from its earlier losses after Fed raised interest rates for second time this ye...

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Fed cuts inflation, unemployment rate forecasts

Minneapolis Fed chief Neel Kashkari dissented again, voting instead to keep the target range for the Fed funds rate unchanged. The rate, which can fluctuate a bit daily, usually settles somewhere in...

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Hammers open their Premier League season at Manchester United

Regarding midweek matches, the group raises concerns about a lack of away fan support at the games, especially with public transportation not available late in the evening from some cities. Tottenham ...

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The Fed Just Gave the Economy Another Thumbs-Up

The reasoning is that the policymakers will want more time to determine whether a slowdown in growth and inflation at the start of 2017 was indeed "transitory", as they described it in May, or the sta...

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Fed Raises Key Interest Rate For The Fourth Time Since 2015

The caps will increase every three months by $6bn for Treasuries and $4bn for other securities until they reach $30bn and $20bn, respectively. The Fed would start with monthly reductions in Treasu...

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Congressmen Credit Capitol Police for Preventing 'Massacre'

Congressmen Credit Capitol Police for Preventing 'Massacre'

Brooks says Rep. Brad Wenstrup, a podiatrist who served as a combat surgeon in Iraq, used scissors to cut Scalise's trousers to get to his wound. "We can all agree that we are blessed to be Americans ...

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Bulgaria annual CPI records 2.3% inflation in May

Bulgaria annual CPI records 2.3% inflation in May

The pound slipped against the dollar to $1.2722 on weaker-than-expected United Kingdom earnings data which showed average weekly earnings rose 2.1% year-on-year in April and just 1.7% year-on-year for...

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Trump to reveal whether or not he taped Comey conversations

Mr Comey did not confirm that he believed he was sacked to prevent the investigation, but he said accusations that the FBI was in disarray were "lies, plain and simple". "I hardly know the man", T...

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Fed Raises Rates; Cuts Bond Holdings

Fed Raises Rates; Cuts Bond Holdings

In a statement Wednesday, the policymakers said that "the labor market has continued to strengthen and that economic activity has been rising moderately so far this year". The stance of monetary po...

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U.S. consumer prices unexpectedly fall; core inflation benign

U.S. consumer prices unexpectedly fall; core inflation benign

The Consumer Price Index, which tracks changes in the cost of household goods and services, declined 0.1 per cent compared to April. Gasoline stations saw sales fall 2.4 per cent, the biggest dip si...

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Economists say Fed balance sheet reduction could come as early as July

Economists say Fed balance sheet reduction could come as early as July

Despite the increase - the fourth since December 2015 - interest rates remain near historic lows, but the move will mean higher borrowing costs for consumers. "Tarullo's absence, however, could make a...

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United States crude oil inventories are still above historic norms — CHART

The organization members and other producers, including Russian Federation, had pledged to cut output by about 1.8 million barrels per day in order to shore up oil prices. The forecast was slightly ...

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Amazon launches Prime Reload cashback service for loyalty

Amazon launches Prime Reload cashback service for loyalty

Okay, 2% may not be a lot if you think about it, but if you regularly use Amazon to buy stuff, that rebate can add up over time. Amazon says it asks for both your debit card number and bank info...

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Cabot Oil & Gas Corporation (NYSE:COG): Trading Watch on These Shares

Topeka Capital Markets maintained Cabot Oil & Gas Corporation (NYSE: COG ) rating on Tuesday , January 19. It has outperformed by 27.42% the S&P500. Cantab Capital Partners LLP boosted its stake in s...

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Crude inventories fall, but rising output tempers price gains

Brent crude futures LCOc1, the Global benchmark for oil prices , were at $51.30 per barrel at 0657 GMT, down 54 cents, or 1 percent, from their last close. Refinery crude runs rose 229,000 barrels...

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Fed raises rates, gives details on balance sheet reduction

Fed raises rates, gives details on balance sheet reduction

The central bank added that it would continue to use other tools and procedures to maintain the attractiveness of the dinar currency. Inflation was expected to be at 1.7 percent by the end of this y...

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US key interest rate highest since 2008

US key interest rate highest since 2008

The huge national banks already have " more deposits than they know what to do with", McBride said, so haven't lifted their rates at all. The rate forecast , based on the individual projections fo...

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Checking the Indicators on Snoozebox Holdings PLC (ZZZ.L) — Share Focus

The SI to Polyone Corporation's float is 3.83%. About 2.56 million shares traded. It has underperformed by 13.39% the S&P500. About 217,034 shares traded. Investors sentiment is 1.04 in Q4 2016. I...

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