Money

Forex - Dollar Gains in Asia As Fed Views Support, BoJ Ahead

Forex - Dollar Gains in Asia As Fed Views Support, BoJ Ahead

But continuing ultra-low interest rates or bond-purchase programs for too long could spark a sudden and sharp increase in prices. The Nikkei was recently up 0.7%, putting it just 2% away from hitting levels last seen in 1996. Anadarko Petroleum rose 4.3 percent after the oil producer said it would spend US$2.5 billion to buy back its stock. Interest rate futures traders are now pricing in a 72-percent chance of a December rate hike, up from roughly 60 percent before the statement, ... Read More

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Guest opinion: Protect yourself from Equifax security breach

Guest opinion: Protect yourself from Equifax security breach

The correct link to use to check on potential impact through this breach is www.equifaxsecurity2017.com. The breach involved TALX, which is Equifax's human resources and payroll service. Essentially, if you've ever engaged in any financial undertaking requiring a credit report, your social security number, address, birth date and potentially even your personal financial information has been compromised due to Equifax's poor cybersecurity and the negligent way in which the credit ... Read More

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Theresa May takes swipe at Trump's climate stance in United Nations speech

Theresa May takes swipe at Trump's climate stance in United Nations speech

But she has repeatedly expressed concern about his decision to seek to renegotiate the Paris treaty, and a planned state visit to the United Kingdom has been indefinitely postponed, amid fears of public protests. "We want them back in Paris, I am not saying it is going to happen overnight", he said. "The NY Green Bank's central effort in this regard to raise new capital will provide greater confidence to the marketplace, driving down costs for all while expanding New York's clean energy ... Read More

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What to expect from this week's FOMC meeting

What to expect from this week's FOMC meeting

Just as the Fed had never before engaged in a bond-buying spree of such magnitude, it has never attempted to shrink a portfolio that is now roughly five times its size before the financial crisis. The issue of when and how the Fed will manipulate its main policy lever - its target for short-term rates - in coming months is less clear. With inflation still below the Fed's target range, how can she justify a December hike and three more next year? "Downgrades to the infamous dot diagram ... Read More

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USA stocks close higher ahead of Fed meeting

USA stocks close higher ahead of Fed meeting

Consumer prices advanced 1.5 percent year-on-year in August, faster than the 1.3 percent increase seen in July. The Nasdaq Composite Index was up 6.17 points, or 0.10 percent, to 6,454.64. All are expected to leave policy unchanged but forecasters expect Australian policymakers to strike a more hawkish tone following stronger recent economic activity. Read More

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India hints at cryptocurrency, China to shut Bitcoin exchanges

India hints at cryptocurrency, China to shut Bitcoin exchanges

Bitcoin's value decreased an additional 8 percent Thursday morning , leaving it at $3,571.23. The exchanges also need to announce today the schedule to stop the trading of all virtual currencies and publish it at their websites. Bitcoin captivated the attention of financial markets this summer as the developer community embraced a new mechanism to improve usage and avoided what was labeled as a potential civil war, raising the profile of the digital ledger and fueling the speculative price ... Read More

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Census Bureau: US household income up 3.2%; poverty rate dips in Northeast

Census Bureau: US household income up 3.2%; poverty rate dips in Northeast

The bureau reported 40.6 million people in the United States are considered living in poverty, or 2.5 million fewer than in 2015. (3) Earnings among male workers still lag more than a percentage point behind their 2007 level. What really matters for Americans is that incomes aren't only going up, they're also outpacing inflation. Household income has surpassed a peak set in the late 1990s. Read More

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South Korea will add more missile defense launchers to arsenal

South Korea will add more missile defense launchers to arsenal

Putin, speaking after an global gathering in China, said Russian Federation condemned North Korea's "provocative" actions. On Tuesday, Putin warned of a global catastrophe unless a diplomatic solution was reached over North Korea , rejecting USA calls for more sanctions as "useless", widening the split between major powers over how to rein in Pyongyang . Read More

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Iran's August oil output at 3.828m bpd: OPEC

Iran's August oil output at 3.828m bpd: OPEC

The IEA , however, said the surplus during the USA hurricane season provided some market relief because commercial stockpiles were already at comfortable levels. The near term action in oil prices will depend on how prolonged will be the impact of Hurricane Harvey on U.S. oil infrastructure. The United States Oil Fund (USO) was up 0.11%, while shares in oil-dependent Russian Federation were moving lower. Read More

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Wall Street falls amid fresh North Korea tensions

The Nikkei Asia300 ASEAN Index of Southeast Asian companies fell 0.2%. Gold hit its highest level of the year at $1,346 per ounce as investors are looked for safe havens amid geopolitical uncertainty. The dollar dipped 0.1 percent against a basket of currencies and was down 0.2 percent versus the yen, which investors often seek during uncertain times. Read More

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Gas Prices Are Still Rising, But The Pace Slows

Gas Prices Are Still Rising, But The Pace Slows

The contract rebounded 2.8% on Thursday but is still heading for a weekly decline of 1.9%. Still he said "The outlook for most of the country is for higher prices but not necessarily shortages". Northeast, to reduce supplies. That refinery has not been affected by the storm, which has hammered the Gulf Coast for several days. Harvey was not the only influence on pump prices this week. Read More

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Lawyers: File Harvey claims before Texas law change

Lawyers: File Harvey claims before Texas law change

Tens of thousands of people have been displaced in Houston, Texas alone by Hurricane Harvey . German-based Munich Re and Hannover Re, two of the world's largest reinsurers, said current information suggests that insured losses from Harvey are likely to fall well short of the $75 billion for Katrina in 2005 and $30 billion for Sandy in 2012. Read More

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Numbers Drawn for $700M Powerball Jackpot

Numbers Drawn for $700M Powerball Jackpot

The only larger jackpot was a $1.6 billion prize that was split by three winning tickets in January 2016 . $1 million prizes are given to ticket holders who match all five regular numbers but not the Powerball. "If you buy one or if you by 20 you know it's still a chance if you by none you have zero chance", Alex Murphy said. Johnson smiled as she said, "I would go on a cruise, I would buy me a auto, and me and my family would go to Disney World together". Read More

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Reliance is going to launch the free 4G Volte Smartphone

Reliance is going to launch the free 4G Volte Smartphone

To recall the well know fact, Reliance Jio 4G network has changes the game rules in the industry. The phone users can avail the Jio Dhan Dhana Dhan at Rs 153 which offers unlimited data; free voice calls as well as SMSes. The company has revolutionized the feature phone market. The phone is available in various colour options like black, white as well as gold. New entrant to the telecom sector Reliance Jio, now entered the feature phone market with its very first VoLTE feature phone. Read More

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More 'lift' for Malaysia Airlines

Boeing has announced the launch of the 737 MAX 10 as the newest member of the 737 MAX family. The updated order is worth USD$1.85 billion at list prices. The company thus became the first Boeing 737 MAX operator in Romania. Delivery to airlines like United Airlines , British Airways and launch customer Singapore Airlines will begin next year. Read More

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Hearing scheduled on release of Cosby jury names

That's when Judge Steven O'Neill, who presided over the heated trial , announced that the jurors (seven men and five women) had been unable to reach a unanimous verdict. However, his reputation had been tarnished over the years as nearly 60 women have come forward and accused him of sexual assault. Typically, prosecutors have that long to decide whether to retry someone in Pennsylvania. Read More

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US Navy boats in Qatar for joint exercise

US Navy boats in Qatar for joint exercise

ICAO, which was created after the United States invited more than 50 allies to agree to a common air navigation system in 1944, has no policing powers and has to rely on consensus to enforce its will. "Secretary of Defence Jim Mattis met today (Wednesday) with Qatari Minister of State for Defence Affairs Khalid al-Attiyah to discuss concluding steps in finalising the Foreign Military Sales purchase of US-manufactured F-15 fighter aircraft by the State of Qatar ", Pentagon spokesman Lt. Read More

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Republican Senator Dean Heller opposes health care bill

Republican Senator Dean Heller opposes health care bill

A comparative moderate, Heller supports the expansion of Medicare that was included in the Affordable Care Act. "Someone has to pay for these people one way or another", she said , "So, it has to be done, I think, in a fairer way than what Republicans are proposing, one that doesn't just shift the burden to states or the people who need the health care the most". Read More

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Montgomery County defense lawyers comment on lengthy Cosby jury deliberations

Montgomery County defense lawyers comment on lengthy Cosby jury deliberations

The officer also testified that Constand had said she was never alone with Cosby prior to the incident. Most of the jurors looked tired when the judge agreed to send them back to their hotel late Tuesday night. The charges were lodged against Cosby on December 30, 2015, before the 12-year statute of limitations to file charges expired. Count three pertains to whether Cosby administered "drugs, intoxicants or other means for the objective of preventing resistance" without Constand's ... Read More

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Air bag maker Takata bankruptcy expected Monday in Japan, US

Air bag maker Takata bankruptcy expected Monday in Japan, US

Key Safety, headquartered in Sterling Heights, Mich., said it would purchase almost most of Takata's global assets and operations in a deal worth almost $1.6 billion. November 2015: The National Highway Traffic Safety Administration imposes a record civil penalty of up to $200 million against Takata and requires it to recall all inflators with ammonium nitrate unless it can prove they are safe. Read More

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BT Group plc (BT.A) Stock Rating Reaffirmed by Deutsche Bank AG

The California-based Kcm Advisors Ltd Llc has invested 0.02% in Phillips 66 (NYSE:PSX). Janney Montgomery Scott Limited Liability Corp stated it has 43,053 shares or 0.02% of all its holdings. In a research report sent to clients and investors on 21 June, Peel Hunt reaffirmed their "Buy" rating on shares of JE. The stock of Drax Group Plc (LON:DRX) earned "Hold" rating by Deutsche Bank on Wednesday, December 7. Read More

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Congress hits back at PM Modi for Emergency remark

Congress hits back at PM Modi for Emergency remark

Lastly, it was reported that Apple's CEO Tim Cook reached Hotel Willard Inter-Continental, Washington DC, very early this morning to meet Prime Minister Narendra Modi . This deal would also be a key test of defense ties that had flourished formerly under the Obama administration but have diminished under Donald Trump owing to his courting of India's rival, China, as he seeks China's help to keep a check on North Korea's nuclear program. Read More

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Lexington Realty Trust (LXP), Vantiv, Inc. (VNTV)

Following the transaction, the senior vice president now directly owns 13,377 shares of the company's stock, valued at approximately $1,605,240. Corporate insiders own 0.29% of the company's stock. Moreover, Prudential Financial Inc has 0% invested in Bio-Rad Laboratories, Inc. (NYSE:DLR) by 729.6% during the first quarter, Holdings Channel reports. Read More

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Mavericks will decline Dirk Nowitzki option and sign him to new deal

Mavericks will decline Dirk Nowitzki option and sign him to new deal

The Mavericks are hoping they can sign him for $4.3 million, their mid-level exception. If Nowitzki is really willing to sign a two-year contract, then this could mean he intends to play two more seasons. Sources say that Dallas, as it stands, does not have plans to pursue marquee free agents. Dennis Smith, their first round pick in the draft, is someone the Mavericks have a lot riding on, trying to finally steer the franchise in a direction which isn't about shuffling players every ... Read More

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Bizarre Story of How Amazon and Whole Foods Deal Came to Be

Bizarre Story of How Amazon and Whole Foods Deal Came to Be

The deal is being called a "game changer", as Amazon takes over Whole Foods, for almost $14 billion dollars. Amazon has a big fix up to do quickly on Whole Foods and integrate it into its systems - a big ask for a company that doesn't know how to sell to the public except on the basis of online offers and technology - that won't work in a physical store. Read More

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