Fed policymakers closer to rate hike, but inflation doubts remain

December on the other hand is now heavily priced in by the markets - currently 69% based on Fed Funds futures - with investors coming around to the idea that the Fed is determined to raise rates this year. The British pound rose to $1.2207 after four... More..

by | Published more than a month ago
RBS defends bank against allegations it squeezed struggling businesses
by | Thursday, October 13, 2016

RBS defends bank against allegations it squeezed struggling businesses

The firm was commissioned by RBS to produce an independent report on the allegations. Around 16,000 businesses were reportedly put into GRG after the financial crisis, with loans issued by the unit increasing...More..

Monarch Group secures £165mn investment from Greybull
by | Thursday, October 13, 2016

Monarch Group secures £165mn investment from Greybull

A statement released by Monarch on September 25 said that they were anticipating "significant investment" but also admitted that the last few trading months had been hard due to terrorist attacks and the unce...More..

Activists disrupt key Canada-U.S. oil pipelines
by | Wednesday, October 12, 2016

Activists disrupt key Canada-U.S. oil pipelines

In January Enbridge was forced to shut a crude pipeline in Ontario, Canada, after a protester tampered with a valve station, while in December the company turned off another line in the province of Quebec for s...More..

Dollar leaves rivals for dust, FTSE hits record high
by | Wednesday, October 12, 2016

Dollar leaves rivals for dust, FTSE hits record high

The FTSE 100 briefly reached a new record high value today, touching 7,129.83, surpassing its previous April 2015 peak of 7,122. "Brexiters might point to the FTSE's rise as a sign of strength but this is v...More..

Alcoa misses estimates despite profit rise, stock drops
by | Wednesday, October 12, 2016

Alcoa misses estimates despite profit rise, stock drops

Alcoa said global automotive production will rise between 1 per cent and 4 per cent in 2016 and that aircraft deliveries will be flat to up 3 per cent in 2016. Investors also clobbered the stocks of the late...More..

by | Wednesday, October 12, 2016

Amazon Reportedly Plans to Open Convenience Stores

For several years now, it has been experimenting with an offering called AmazonFresh , in which Prime members can pay a fee to be able to get fresh groceries brought to their doorsteps. Customers could also or...More..

Hurricane Matthew is just off the Florida Coast: What we know now
by | Tuesday, October 11, 2016

Hurricane Matthew is just off the Florida Coast: What we know now

Atlantic coast after killing hundreds in Haiti. " Hurricane Matthew is off the map, but it's still with us, and it's still deadly", McCrory said . The dead included a woman in her 60s in Volusia County who ...More..

by | Tuesday, October 11, 2016

Jayalalithaa to remain in hospital, no need for substitute CM: AIADMK

DMK leader MK Stalin and Congress Vice President Rahul Gandhi had gone to the hospital earlier. There still seems to be no end of spread of rumours about the CM's health as politicians from nearly all the maj...More..

Trump claims Clinton wants to end mining jobs
by | Tuesday, October 11, 2016

Trump claims Clinton wants to end mining jobs

But the candidates essentially repeated comments they made earlier on the campaign trail. But, when it did, it was after Republican presidential nominee Donald Trump said we have to use our fossil fuel resource...More..

by | Tuesday, October 11, 2016

Oil Prices Perks Up Amidst OPEC Doubts

However, Iraq's oil minister, Jabar Ali al-Luaibi, has urged oil and natural gas producers operating in the country to continue increasing output for the rest of the year and in 2017, Iraq's oil ministry disclo...More..

Quest to change Columbus Day to Indigenous Peoples Day sails ahead
by | Tuesday, October 11, 2016

Quest to change Columbus Day to Indigenous Peoples Day sails ahead

For instance, in Philadelphia, Columbus Day is no longer a holiday for public schools there, CBS Philadelphia reported. Christopher Columbus is an historical figure who has received mixed reviews. 12, 149...More..

by | Tuesday, October 11, 2016

AT&T might permanently drop Galaxy Note 7 sales

USA carriers are offering customers to swap their Samsung Galaxy Note 7 replacement unit with another available smartphone. Bloomberg reported that AT&T is also considering dropping the Galaxy Note 7 from i...More..

Warren Buffett responds to Donald Trump's tax comments
by | Tuesday, October 11, 2016

Warren Buffett responds to Donald Trump's tax comments

I have paid federal income tax every year since 1944, when I was 13 . Taking a $916 million tax-loss carryforward, possibly allowing you to avoid paying federal income taxes for two decades? And so did Warre...More..

by | Tuesday, October 11, 2016

Green Day coming to Gwinnett

If Revolution Radio can keep up its momentum, it will be Green Day's third UK Number 1 album following 2004's American Idiot and 2009's 21st Century Breakdown . After a handful of US shows to close out O...More..

International Olympic Committee backs new drug testing body
by | Monday, October 10, 2016

International Olympic Committee backs new drug testing body

Take our online survey. A closed-doors meeting chaired by IOC President Thomas Bach was discussing Saturday the role of the World Anti-Doping Agency, which angered many Olympic officials by calling for Russia...More..

by | Monday, October 10, 2016

Samsung knew for days its replacement Galaxy Note 7s were catching fire

However, it said customers with a replacement device or new Note 7 could exchange it under the company's standard "remorse" policy that lets customers return devices within 14 days. If there is actually an ...More..

by | Monday, October 10, 2016

Germany beats Czech Republic 3-0 in World Cup qualifying

Thomas Mueller netted twice as Germany eased to an impressive 3-0 home win over the Czech Republic to keep them top of their 2018 FIFA World Cup qualifying group on Saturday. Jerome Boateng returned to the star...More..

by | Sunday, October 09, 2016

Yahoo gives United States intelligence access to users' emails, report says

In a statement issued today, Yahoo downplayed the report , saying that it "narrowly interpret [s] every government request for user data to minimize disclosure". Google , Facebook and Twitter told the BBC ...More..

by | Saturday, October 08, 2016

Forecasters expect lower crest on flooded river

For residents like Heidi McKay, whose family were around for the city's worst flood back in 2008, they weren't taking chances. City leaders have asked residents in areas near the river to evacuate. Another pe...More..