Markets

Is the Fed ready to consider lifting its inflation target?

The Federal Reserve on Wednesday lifted its fed funds rate by 25 basis points to a range of 1% to 1.25%. "If we base our outlook for inflation on these actual data, we shouldn't have raised rates...

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Amazon to buy Whole Foods for US$13.7b

Amazon will gain a footprint of 456 supermarket stores in North America and Britain with the acquisition of Whole Foods , boosting its delivery capacity and allowing it to compete directly with Unit...

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Uber's Senior VP Exits Company

Uber's Senior VP Exits Company

Downward spirals in tech don't often end well. Holder's recommendations reportedly included firing Emil Michael , Uber senior vice president and one of Kalanick's closest allies. Given how the ...

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UK Police: 58 Dead and Presumed Dead in London Blaze

He said police will release images and video from inside the tower tomorrow, pending the approval of Grenfell families. The first victim to be formally identified was Mohammed Alhajali, a 23-year-...

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Hot and mostly dry Saturday, storm chances return for Father's Day

Severe weather is low, but any storm would likely have lightning, downpours, and some brief gusty winds. Partly sunny, with a high near 91. Monday will be mostly cloudy with highs in the upper 80s...

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Conservative Leader: Special Counsel Mueller To Leave?

After speaking with President Donald Trump about the ongoing Russian Federation investigation, former House Speaker Newt Gingrich said special prosecutor Robert Mueller can't be trusted and C...

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The charges against Bill Cosby and their potential sentences

Cosby faces another defamation lawsuit from Dickinson, along with a sexual harassment claim from Judy Huth, who alleges Cosby sexually assaulted her in 1974, when she was 15. Another victim, Linda K...

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Bill Cosby Rape Case Ends in Mistrial

Cosby remains free on bail. In late 2014, dozens of women went public with accusations that Cosby drugged and sexually assaulted them over the course of his lengthy comedic career. Prosecutors vow...

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Queen praises a country `resolute in the face of adversity´

Queen praises a country `resolute in the face of adversity´

Many have blamed the fire's fast spread on the exterior cladding used in the building's recent £10 million refurbishment. So hoorah for her Majesty the Queen, who praised the country for dealing so ...

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Thirty confirmed dead in Grenfell Tower blaze as fury grows among survivors

Lord Porter, chairman of the Local Government Association, said: "Fire risk assessments and the construction of buildings are being reviewed and double checks are being made to ensure remedial work re...

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KASHKARI: The Fed is repeating its mistakes of the 1970s

KASHKARI: The Fed is repeating its mistakes of the 1970s

Retail sentiment continues to point lower and the marked increase in long-exposure from yesterday and last week highlights further strengthens the bearish outlook- That said , look for a reaction as ...

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Bill Cosby sexual assault trial ends in mistrial

Bill Cosby sexual assault trial ends in mistrial

On Saturday morning, all jurors agreed that there was " hopeless deadlock that can not be resolved on further deliberations", BuzzFeed News reported. In the deposition , Cosby claimed the pills ...

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Trump's Washington hotel saw almost $20 million in revenue

Trump's Washington hotel saw almost $20 million in revenue

It also served as the host of the American Petroleum Institute board meeting in March - an event that drew two members of Trump's Cabinet - while also making the family company a considerable fee. The...

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Brazil football legend Pele to attend Confederations Cup opener

Saturday 24 June: New Zealand v Portugal , 5pm; Mexico v Russian Federation, 5pm. New Zealand are appearing at the Confed Cup for the fourth time , although the All Whites are still huntin...

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US accuses Chinese company of money-laundering for North Korea

The bank headquartered in Shenyang, China is barred from the US financial system under global sanctions . Mattis was referring to China participating in a recent unanimous vote in the United Nat...

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Trump's deputy attorney general Rosenstein issues cryptic statement about anonymous sources

The White House has used a memo written by Mr Rosenstein to justify Mr Trump's decision to sack Mr Comey, but that Trump action may now be part of the probe. Deputy Attorney General Rod Rose...

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Polygamist Cult Leader Arrested After Year Running From FBI

Jeffs became a fugitive the weekend of 18-19 June 2016, when he slipped off his Global Positioning System ankle monitor using olive oil or another lubricant and fled from a Salt Lake City house where ...

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Lead surgeon: US congressman Scalise showing improvement after being shot

Scalise is the third ranking member of Republican party in the US House of Representatives where it holds a majority. Scalise was critically injured following a shooting at a congressional baseball ...

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Global overcapacity drags oil prices down to six-month lows

US light crude was down 25 cents at $44.48, also not far off six-month lows. Opec and its allies have promised to restrict output until at least the end of the first quarter of 2018 to try to drai...

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Steve Scalise Still in Critical Condition But Improving, Doctors Say

FILE - In this March 8, 2017 file photo, House Majority Whip Steve Scalise of La. speaks on Capitol Hill in Washington . "Steve has a way of doing that without upsetting people", said Congres...

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Verify: Understanding the Russian Federation investigation

Comey had accused Trump of firing him to try to undermine the FBI's investigation of a possible collusion between the Trump Campaign and Russian Federation in alleged efforts to influence l...

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William Hill plc's (WMH) "Hold" Rating Reiterated at Shore Capital

Morgan Stanley maintained the stock with "Overweight" rating in Wednesday, August 26 report. The firm has "Outperform" rating by Macquarie Research given on Monday, June 13. Investors sentiment decrea...

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Superior Energy Services (SPN) Receives Coverage Optimism Score of 0.21

If Superior Energy Services, Inc. Finally, Neuburgh Advisers LLC raised its position in Superior Energy Services by 9.1% in the first quarter. Superior Energy Services, Inc. During the same quarter ...

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CT2017: Pakistan's Zaman wants India in finale

While England eased to the semis through some wonderful all-round displays, Pakistan had to recover from an opening-game hammering by India and only scraped into the last four with a thrilling de...

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Greece gets enough to avoid another bailout trauma

Greece gets enough to avoid another bailout trauma

There is now "light at the end of the tunnel," he said. The accord, reached by euro-area finance ministers in Luxembourg Thursday, will cap Greece's gross financing needs at 15 percent of gross dom...

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Champions Trophy 2017: Aamir Sohail accuses Pakistan of fixing matches

Ramandeep, who would finish the match with a brace, revealed it was a stern team talk from coach Oltmans that inspired the turnaround in the second half. England, the only undefeated team in the tourn...

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Uber CEO Kalanick says he will take leave of absence

Kalanick said one of the reasons for his stepping aside was the recent death of his mother, explaining he needs time off "to reflect, to work on myself and to focus on building out a world-class leade...

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Two workers killed in Pune Ordnance factory blast

Two workers killed in Pune Ordnance factory blast

The explosion occured in one of the magazines where propellant powder is stored before processing at the Ammunition Factory, Khadki (AFK) in Pune . The ordnance facility, Ammunition Factory Khadki ...

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Republicans divided as Trump reverses some Obama Cuba policy

The tweet reads, "Headed to Miami to announce new US policy on Cuba . Watch out!" José Ramón Cabañas wrote in a now-deleted tweet that included a picture of what appears to be a family of tourists ...

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Trump right to make Cuba pay for its intransigence

Trump right to make Cuba pay for its intransigence

But if you've been going to Cuba recently to drink rum, smoke cigars and take selfies with vintage Chevrolets - sorry, looks like the fiesta's over. Trump's changes, shared Thursday with the Miami ...

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Relatives Of London Fire Victims Unleash Their Fury Upon Theresa May

Relatives Of London Fire Victims Unleash Their Fury Upon Theresa May

He told BBC Radio 4's Today programme: "She's distraught by what happened as we all are". Robert Bond, the CEO of the Rydon Group, said in a statement . However, Foreign Secretary Boris Johnson t...

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FTSE 100 Slips As Fed Increases Interest Rates

FTSE 100 Slips As Fed Increases Interest Rates

In lifting its benchmark lending rate by a quarter percentage point to a target range of 1.00 percent to 1.25 percent and forecasting one more hike this year, the Fed seemed to largely brush off...

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Wounded Pakistan look to overcome India for final glory

Wounded Pakistan look to overcome India for final glory

Yet even by their own "unpredictable" standards, Pakistan's transformation since that reverse has been remarkable and on Wednesday they knocked previously unbeaten tournament hosts England out of ...

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Northern 3 VCT PLC (NTN) To Go Ex-Dividend on June 22nd

Augean plc (LON: AUG ) announced a dividend on Tuesday, March 21st, Upcoming.Co.Uk reports. About 59,376 shares traded or 55.79% up from the average. The stock has "Underperform" rating by Jefferies ...

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4-Way Tie For 1st Place After 2 Rounds of US Open

His wavy brown hair and light beard would make him fit right in on the North Shore of Oahu, although he's from Southport, England. Day, who won the 2015 PGA Championship up the road at Whistling Str...

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