Markets

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

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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Prudential Financial Inc. Raises Stake in El Paso Electric Company (EE)

The stock of Teck Resources Ltd (USA) (NYSE:TECK) has "Buy" rating given on Monday, September 21 by FBR Capital. About 1.18M shares traded. The firm has "Buy" rating given on Friday, October 14 by...

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Which Analysts Are Watching Kinross Gold Corporation (NYSE:KGC)?

Axa's holdings in Kinross Gold Corporation were worth $1,784,000 at the end of the most recent reporting period. The company's market capitalization is $5.40 billion. Year to date is -23.48%, -16.12% ...

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Kylie Jenner Shows a Different Side in 'Life of Kylie' Trailer

Kylie Jenner Shows a Different Side in 'Life of Kylie' Trailer

Kylie Jenner , 19, has always credited her ample assets to a good bra, taping, and makeup contouring, however, a recent photo on social media ignited more whispers that the teen had an augmentation ,...

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JP Morgan Chase & Co (JPM) Receiving Somewhat Favorable Media Coverage, AlphaOne Reports

About 201,842 shares traded. (NYSE: JPM ) has a market cap of $314.32 billion and over the last 12 months, JPM has risen by 37.93%. It has outperformed by 17.04% the S&P500. The legal version of thi...

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Dead, 50 Injured After Fire Tears Through West London Apartment

In a statement, Kensington and Chelsea Council said that at "present all our focus is on supporting the rescue and relief operation" adding that the "cause of the fire will be fully investigated". S...

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'Un-Islamic, inhumane:' Erdogan blasts Qatar isolation

Saudi Arabia insisted on Tuesday that its neighbour Qatar was not under blockade as a Gulf diplomatic dispute escalated amid increasing global concern over its effects on ordinary people. The comme...

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Rep. Steve Scalise in Critical Condition Following Shooting at GOP Baseball Practice

House Majority Whip Steve Scalise of Louisiana was shot Wednesday at a congressional baseball practice, congressional officials say. The tweet also said the suspect is in custody "and not a threa...

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Fox News Abandoning 'Fair & Balanced' Slogan

Fox News Abandoning 'Fair & Balanced' Slogan

The slogan, which has been used since 1996, will be replaced with "Most Watched". Fox News is dropping its legendary trademark slogan "Fair and Balanced", New York Magazine reported Wednesday. But...

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Analysts See $0.00 EPS for Sirius XM Canada Holdings Inc (XSR)

It agreed to buy convertible preferred stock in Pandora that represents 19% of the company's now outstanding common shares and a 16% stake on an as-converted basis. Sirius XM Holdings (NASDAQ:SIRI) l...

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Trump says suspected gunman who shot at lawmakers is now dead

Brooks said there were a number of congressmen and congressional staffers lying on the ground, and at least one of them was wounded. The Alabama Republican said he used his belt as a tourniquet to hel...

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Fed raises key rate and unveils plan to reduce bond holdings

Against the yen, the greenback fell by more than 1 percent following the data release to touch 108.95 yen, its lowest since April 21 JPY= . Greg McBride, an analyst with consumer financial site Ban...

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US oil production seen thwarting OPEC effort to boost prices

Oil resumed its decline as industry data showed USA crude stockpiles extended gains and as the International Energy Agency predicted new output from Opec's rivals will exceed demand growth nex...

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US consumer prices slipped 0.1 percent in May

Food price inflation for rural areas stood at -0.60 in May 2017 against 0.69 per cent in April and 6.45 per cent in May 2016. Sunil Kumar Sinha, Principal Economist, India Ratings & Research, said t...

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China Industrial Output Growth Stabilizes In May

The rating agency Moody's downgraded China's rating by one notch in May, citing concerns over the rising debt and slowing growth and reforms as the government tries to implement a shift to economic ex...

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London fire could delay deal between UK PM May's Conservatives and DUP

May faced her lawmakers at a meeting of the 1922 Committee (the Conservative Private Members' Committee) on Monday. "Now the election is over, the next phase of our campaign to win power for the...

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Donald Trump Slams 'Very Cowardly' Comey for 'Totally Illegal' Leak

The president then proceeded to accuse fired FBI Director James Comey of lying under oath in his testimony the previous day before the Senate Intelligence Committee, in which Comey charged that Tru...

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Jaguar lifts the lid on its stunning XF Sportbrake

Jaguar lifts the lid on its stunning XF Sportbrake

There are numerous rivals for the XF Sportbrake, including the Audi A6 Avant and Mercedes-Benz E-Class estate. We're expecting it later this year, as a 2018 model. "As a result, I think it looks just ...

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Jeff Sessions Evades Kamala Harris' Question During Congressional Testimony

Jeff Sessions Evades Kamala Harris' Question During Congressional Testimony

It was way back on January 10, during then Senator Sessions confirmation hearing to become Attorney General, that Senator Franken asked a key question: What would Sessions do as a Attorney General...

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Giffords: 'Heart' with ex-colleagues, others after shooting

Giffords: 'Heart' with ex-colleagues, others after shooting

Scalise is the first sitting member of Congress to be shot since Giffords, who was wounded in a January 2011 attack . U.S. Congressman Kevin Brady (R-TX 8th District) is praising the Capitol Hill...

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US consumer prices dip 0.1 percent in May

The fall in headline inflation was in large part attributed to the significant decline in gasoline prices, which recorded their largest contraction since February previous year. Auto sales remained sl...

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