Stories about Markets

Feb 08 2018

DOJ Charges 36 In $530M Fraud Forum Takedown

Law enforcement has only arrested 13 of the members so far, five of which are from the U.S. and only one of which (Sergei Medvedev) is considered top brass. David Rybic...

Feb 07 2018

Jerome Powell officially takes over the US Federal Reserve

I am also pleased to report that our financial system is now far stronger and more resilient than it was before the financial crisis that began about a decade ago. His ...

Feb 07 2018

No nominations filed in Nagaland for Assembly polls: Chief Electoral Officer

The list of candidates, released by AICC, incharge for the Central election committee Oscar Fernandes, includes names of W kholio kapfo from Dimapur I, khaminlung Tunglon...

Feb 07 2018

Britain among world's worst for traffic jams

But a top 10 list of hours wasted in congestion includes towns like Braintree in Essex, and Bath in Somerset. It is hoped that a new £92m bypass will help cut congestio...

Feb 07 2018

Stocks pummelled as inflation shadow spooks bonds

Managers have cautioned the sell-off in bond and equity markets has further to run, pointing to the impact of the withdrawal of central bank stimulus and even a potenti...

Feb 07 2018

USA trade deficit surges during Trump's first year in office

Regionally, Canada's trade surplus with the US increased to $3.4 billion in December compared with $3.3 billion in November as imports from the USA fell 1.3 per cent and ...

Feb 07 2018

The end of an era - Best Buy will no longer sell CDs

People reacted on social media to Best Buy's decision to pull the discs from their shelves. Another big box retailer, Target , is also reportedly flipping the tables...

Feb 05 2018

TDP says not to break alliance with BJP

It is important to recall that TDP has been upset with BJP since the announcement of Budget 2018 by Finance Minister Arun Jaitley as the party feels the budget was not fa...

Feb 04 2018

Ireland captain Rory Best refuses to comment on attending team-mates' trial

The CCTV footage from the nightclub showed the woman briefly putting her hand on Northern Ireland global striker Kyle Lafferty's knee, and momentarily holding onto the ar...

Feb 03 2018

Valero Energy Partners misses 4Q profit forecasts

In terms of earnings per share, 9 analysts have a 0.74 EPS mean target for the quarter ending Mar-18, for the quarter ending Jun-18, 9 analysts have a 0.75 EPS mean targe...

Feb 03 2018

FujiFilm Aquires US Crown Jewel, Xerox

The Boeing Company (BA) jumped 5.5% or $18.57 to $356.34 after the aircraft maker and defense contractor reported revenues in the fourth-quarter ending in December soa...

Feb 03 2018

President's power to oust consumer watchdog's chief is curbed by court

Maxine Waters, a California Democrat and the ranking member of the House Financial Services Committee, said in a statement. Court of Appeals for the District of Columb...

Feb 03 2018

Black Unemployment Spikes, Complicating Trump's State Of The Union Boast

All of the unemployment talk fits squarely in the nationalist agenda that Trump and especially former adviser Steve Bannon tried to push: Black unemployment is at an all-...

Feb 03 2018

After Budget, Sensex closes 839 points lower, Nifty cracks too

On Thursday, the day of budget 2018 , hours before Finance Minister Jaitley started his speech, the BSE Sensex rose by 200 points in anticipation of a great news. At 3...

Feb 03 2018

Lookout for Price Target? The Procter & Gamble Company (PG), McDonald's Corporation (MCD)

New Amsterdam Partners Llc, which manages about $478.64 million US Long portfolio, decreased its stake in Manhattan Assocs Inc (NASDAQ:MANH) by 7,980 shares to 216,109 sh...

Feb 02 2018

All eyes on Union Budget, may contain dramatic announcements

The railway budget will also be presented along with the Union budget. "Over ₹1.48 lakh crore to be allocated for railways in next fiscal", Jaitley said. "The Airport...

Feb 02 2018

Verizon Reportedly Joins Phone Ban

Bloomberg reports that Verizon has dropped plans to sell Huawei phones in the US. In 2013, as the USA was raising concerns about possible China-sponsored cyber-e...

Feb 02 2018

Samsung Electronics posts record high in 2017

The South Korean company overtook Intel to become the biggest chipmaker a year ago. According to Samsung , it has leapt to boost production of computer chips used to m...

Feb 02 2018

U.S. stocks close lower on sell-off

Experts believe the Fed will likely raise the federal funds rate again in March, with the March meeting followed by new economic projections and a press conference. Analy...