Zuckerberg, Chan Pledge $3B to Fight Disease

In December a year ago, Zuckerberg said he will give 99 per cent of his Facebook shares away in his lifetime. Now overseeing the world's biggest social network, which he co-founded in 2004 when he was a college student, and working determinedly to ... More..

by | Published more than a month ago
by | Friday, September 23, 2016

Fed Leaves Rates Unchanged, Statement Signals December Hike

The market's trust in central banks is low as policy makers are running out of ideas and more importantly ammunition for its stimulus programs. FLAT TIRE: CarMax lost $1.05, or 1.9 percent, to $54.71 after th...More..

US average 30-year mortgage rate declines to 3.48 percent
by | Friday, September 23, 2016

US average 30-year mortgage rate declines to 3.48 percent

Freddie Mac supports communities across the nation by providing mortgage capital to lenders. The 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 2.80%, compared with 2.82% in the prior week....More..

by | Thursday, September 22, 2016

Bank of Japan policy tinkering explained

Both hawkish and dovish comments from Fed officials recently have stoked volatility in financial markets, although consensus is now centred on a U.S. rate rise by year-end. The Fed also holds a policy meeting i...More..

SEC is back in the fight on insider trading
by | Thursday, September 22, 2016

SEC is back in the fight on insider trading

It also threw in that upon receiving a subpoena re: his trading activity, Cooperman "contacted [an APL] executive and tried to fabricate a story to tell if questioned" by regulators. The fund has been expecting...More..

Low-growth trap to continue; central banks creating 'market distortions': OECD
by | Thursday, September 22, 2016

Low-growth trap to continue; central banks creating 'market distortions': OECD

The research body lowered its USA growth forecast for 2016 to 1.4% from 1.8%, and its Canada forecast to 1.2% from 1.7%, while nudging its projection for world economic growth down to 2.9% this year and 3.2% ne...More..

ICICI Pru's mega IPO subscribed 16% on Day 1
by | Wednesday, September 21, 2016

ICICI Pru's mega IPO subscribed 16% on Day 1

During the three days of offering (September 19-21), the IPO would be offered in a price band of Rs 300-334 per share. "If were an investor in ICICI Prudential Life, I do not think I would put my money for ...More..

by | Wednesday, September 21, 2016

DPRK ready to conduct another nuke test: S. Korean military

Pyongyang boasted that it showed that North Korean scientists can now make warheads small enough to fit on a ballistic missile. The Yonhap news agency has close ties to the South Korean government and is publ...More..

Obama to lead nation in remembering those killed on 9/11
by | Wednesday, September 21, 2016

Obama to lead nation in remembering those killed on 9/11

Obama also vowed that the USA will never bow to the wishes of terrorists who, through their attacks, hope to change the way Americans live. In the 15 years since the Al-Qaeda suicide plane strikes on the Pent...More..

by | Wednesday, September 21, 2016

Deutsche Bank: No plan to pay $14B Justice Dept. settlement

Its shares were already down 50% in the past year. At 9:39 a.m. ET (1339 GMT), the Dow Jones industrial average was down 90.12 points, or 0.49 percent, at 18,122.36. Another investor source, who declined to b...More..

by | Wednesday, September 21, 2016

Intel Boosts Outlook on Surprising PC Sales

Third-quarter R&D plus MG&A spending is expected to be $5.2 billion, $100 million above prior guidance. But Mr. Reeves attributed recent demand to the arrival of new graphics chips from Nvidia Corp., which help...More..

by | Tuesday, September 20, 2016

Bomb squad detonates device found in New Jersey

Christian Bollwage, the mayor of Elizabeth , said that two men found a bag containing five devices in a trash can at about 8:30 p.m. Sunday. The FBI launched a raid Monday morning in Elizabeth, New Jersey ,...More..

High school football team kneels during anthem
by | Tuesday, September 20, 2016

High school football team kneels during anthem

West Seattle athletes began kneeling a week prior after getting approval from administration staff. It was the first time Garfield football players participated in the increasingly popular demonstration. Tea...More..

FDA Oks 1st muscular dystrophy drug; awaits proof it works
by | Tuesday, September 20, 2016

FDA Oks 1st muscular dystrophy drug; awaits proof it works

Approval to market eteplirsen was given to pharmaceutical company Sarepta Therapeutics. Company shares have received an average consensus rating of Hold for the current week Sarepta Therapeutics (NASDAQ:SRP...More..

by | Tuesday, September 20, 2016

Matt Damon teases Emmys 'loser' Jimmy Kimmel

Jimmy Kimmel didn't need to roast the audience - he had enough zingers throughout the night to keep the show moving smoothly, even if some walked a fine line. EMMY host Jimmy Kimmel and surprise guest Matt Damo...More..

by | Tuesday, September 20, 2016

Seahawks Lose 2017 Draft Pick, More Punishment Revealed for Offseason Violations

As a result of this violation, the club will be fined $400,000 and will forfeit its first week of 2017 OTAs (three OTA days). "Voluntary off-season workout programs are meant to provide training, teaching and...More..

Clinton campaign releases new health information
by | Tuesday, September 20, 2016

Clinton campaign releases new health information

During an August rally in North Carolina, Trump slammed reports that his wife entered the country illegally, and said she would hold a press conference on her immigration status. Bardack wrote past year that ...More..

Bayer signs deal to acquire Monsanto for $66 billion
by | Sunday, September 18, 2016

Bayer signs deal to acquire Monsanto for $66 billion

The $128 per share deal is the largest cash bid on record and will create a company that commands more than a quarter of the world's market for seeds and pesticides. German chemical powerhouse Bayer has final...More..

Twitter abuzz as live-video test of Thursday Night Football nears
by | Sunday, September 18, 2016

Twitter abuzz as live-video test of Thursday Night Football nears

There was a slight delay between the CBS broadcast and the Twitter live-stream, but viewers largely complimented the high-definition quality of the game that appeared to stream for most without interruption. ...More..

by | Saturday, September 17, 2016

US, European shares slide, led by plunge in Deutsche Bank

The bonds' trading levels were already reflecting market concerns around coupon deferral, but these fears could now escalate. EUROPE DRAGS: The news out of Deutsche Bank dragged European stocks lower, wit...More..