Economy

About 663,910 shares traded. CBS Corporation (NYSE:CBS.A) has 0.00% since February 21, 2017 and is. It has outperformed by 6.96% the S&P500. TRADEMARK VIOLATION NOTICE: "Edgestream Partners L.P. DiSanto Edmund sold $1.36 million worth of American Tower Corporation (NYSE:REIT) on Friday, September 29. The shares were sold at an average price of $143.16, for a total value of $715,800.00.
  • How major U.S. stock indexes fared Wednesday

    How major U.S. stock indexes fared Wednesday

    Economy

    Analysts said a hawkish tone to the minutes could prompt markets to price in the risk of a faster US interest rate hikes and help lift the dollar further. The broader WSJ U.S. Dollar meanwhile ticked up 0.4% to 83.91. The Nasdaq Composite Index was down 16.08 points, or 0.22 per cent, to 7,218.23. And inflation, while still below the Fed's 2-percent goal, should meet or exceed that objective by the end of 2019, he forecast.
  • Barclays posts pre-tax profits of £3.54bn

    Barclays posts pre-tax profits of £3.54bn

    Economy

    It posted an attributed loss of £1.9bn for the year against a profit of £1.6bn in 2016 after previously announced losses of £2.5bn from the sale of Barclays Africa Group . The results come after Mr Staley recently completed a group-wide restructure, having overseen a mammoth programme to offload non-core businesses in a bid to focus on core United Kingdom and U.S.
  • EPFO slashes interest rate, to pay 8.55% on deposits for 2017-18

    EPFO slashes interest rate, to pay 8.55% on deposits for 2017-18

    Economy

    This is the third straight year that the provident fund organisation has cut the interest rate . EPFO decision will come into effect after it is notified by the Finance Ministry. It had started investing in ETFs in August 2015. This amount helped it to bridge the income gap and offer a still-attractive rate, especially when you compare it to other small savings schemes like the ever-popular Public Provident Fund (PPF) earning 7.6 per cent, a multi-decade low.
  • Rick & Morty: McDonald's Bringing Back Szechuan Sauce In 2018

    Rick & Morty: McDonald's Bringing Back Szechuan Sauce In 2018

    Economy

    The long-forgotten condiment was referenced as a throwaway gag in the animated comedy's Season 3 premiere, and vast fan interest inspired the fast food overlords to temporarily re-release the sauce . As with all the best Rick and Morty exclusives, the news has emerged on Reddit. McDonald's did, however, offer the sauce for a limited amount of time a year ago and because of how well the little packet did, the fast-food giant made a promise that the dip will stick.
  • Dollar Maintains Support as Traders Eye Fed

    Economy

    MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.7 percent after slipping earlier in the session following the US market losses, which snapped a six-session winning streak. "Some investors in (Asia) are returning from the Lunar New Year break and trying to catch up after seeing the USA share markets make gains during their absence", said Kota Hirayama, senior market economist at SMBC Nikko Securities in Tokyo.
  • British Columbia takes aim at housing speculation

    British Columbia takes aim at housing speculation

    Economy

    The government will also eliminate medical services premiums on January 1, 2020, saving individuals up to $900 annually and families $1,800. The new tax , to be introduced January 1, 2019, will amount to 1.95 per cent of a companies total payroll if the payroll exceeds $1.5 million.
  • $20 trillion Bitcoin grab in cryptocurrency exchange glitch

    $20 trillion Bitcoin grab in cryptocurrency exchange glitch

    Economy

    Yet another technical mishap has occurred at a Japanese cryptocurrency exchange. Zaif is one of 16 exchanges registered with the government, which previous year allowed a further 16 - including Coincheck - to continue operating pending full registration.
  • United States pre-owned home sales in biggest fall for three years

    United States pre-owned home sales in biggest fall for three years

    Economy

    What's more, it was largest decline on an annual basis since August 2014. Existing-home sales saw a 3.2 decrease in January, hitting a seasonally adjusted annual rate of 5.38 million. Mortgage rates are increasing in tandem with US government bond yields on worries about rising inflation. "The gradual uptick in wages over the last few months is a promising development for the housing market, but there's risk these income gains could be offset by the recent jump in mortgage rates", Yun said.
  • How Have General Electric Company (GE) Earnings Forecasts Changed?

    Economy

    When the current stock price is trading close to either the 52-week high or 52-week low, investors may pay closer attention to see if there will be a breakthrough that level. Prudential Finance has invested 0.61% in General Electric Company (NYSE:GE). Barrow Hanley Mewhinney And Strauss Llc holds 1.97% of its portfolio in General Electric Company (NYSE:GE) for 54.12M shares.
  • Here come the Fed minutes

    Economy

    S. home sales unexpectedly fell in January. Nearly every sector of the Stoxx Europe 600 Index fell, with the gauge tracking losses in the US on Tuesday rather than a more positive mood in Asia after data showed a fading outlook for manufacturing and services in the region.
  • Federal Reserve policymakers more confident about economy

    Economy

    Another risk: The boost in debt-issuance by the U.S. Treasury resulting from higher budget deficits could lead to higher yields on government securities, driving up interest rates set by markets, choking the economy. They "saw both upside and downside risks to the inflation outlook", it said. The minutes explain that the central bankers purposely used the term to "update" their description of the likely path of the rate used to set all kinds of lending from vehicle loans to mortgages.
  • Data Management, Blockchain and GDPR Compliance

    Data Management, Blockchain and GDPR Compliance

    Economy

    These rules can be adjusted based on future data storage regulations, ensuring that companies are always compliant. "It applies whether the data controller - an organisation that collects data from EU residents or processor - an organization that processes data on behalf of data controller such as data centres or the data subject - the person whose personal data has been collected is based within or outside any EU member state, if they collect or process personal data of EU citizens and ...
  • German private sector remains optimistic despite February slowdown - PMI

    German private sector remains optimistic despite February slowdown - PMI

    Economy

    The euro has risen 16pc against the dollar alone in the previous year. The PMI for the services industry printed at 56.7 this month from 58.0 in January, missing expectations for a reading of 57.6. IHS Markit said the bloc was heading for its best quarterly growth since the second quarter of 2016, with the PMI pointing to first-quarter growth of 0.9 percent, much faster than the 0.6 percent predicted in a Reuters poll.
  • United States jet dumps fuel tanks into Aomori Pref. lake after engine fire

    United States jet dumps fuel tanks into Aomori Pref. lake after engine fire

    Economy

    The blaze caused the pilot of the Fighting Falcon - assigned to Misawa Air Base's 35th Fighter Wing - to jettison two external fuel tanks onto an unpopulated area near Lake Ogawara, said an Air Force statement issued Tuesday afternoon. Meanwhile, Aomori Gov. Shingo Mimura criticized the us military's claim that the tanks were dumped after confirming that the area was unpopulated, even though clam fishermen were on the lake at the time of the incident.
  • UNITE Group (UTG) Earns

    UNITE Group (UTG) Earns "Buy" Rating from Liberum Capital

    Economy

    Sphera Funds Management Ltd sold 100,000 shares as Immunomedics Inc (IMMU)'s stock rose 37.64%. (APC)'s stock declined 20.17%. Medtronic Plc now has $110.68B valuation. On Thursday, January 7 the stock rating was maintained by Barclays Capital with "Overweight". Below is a list of Vp plc (LON:VP) latest ratings and price target changes.