Money

by | June 16, 2017 | 04:12

The US Secret Service has said it doesn't have any recordings or transcripts of any tapes recorded within President Donald Trump's White House , a disclosure that failed to rule out whether any tapes exist of Trump's conversations with ousted FBI Director James Comey .

by | June 16, 2017 | 04:12

Greece's prime minister has renewed an appeal to worldwide lenders to reach an agreement on easing the country's debt burden. Christine Lagarde , managing director of the International Monetary Fund ( IMF ), will attend the meeting in Luxembourg .

by | June 15, 2017 | 03:34

The Golden State Warriors beat the Cleveland Cavaliers 129-120 on Monday to win their second National Basketball Association championship in three seasons and cap a near-perfect run through the playoffs. He put up over 30 points in each of the five Finals matches and was justly named series MVP. David West fought for the ball with Irving, then they got tangled up and Tristan Thompson entered the fray and he and West went at each other face-to-face.

by | June 15, 2017 | 03:32

Kyrie Irving followed up his 40-point gem in Friday's Game 4 with 26 points but shot 9 for 22. In the end, the Cavaliers simply did not have enough top-class talent to topple the Warriors , even with four-time league MVP James doing all he could to keep his team in it.

by | June 15, 2017 | 03:31

Brown declined to give conditions or identify the victims. The FBI says it's investigating the social media presence and motives of the IL man suspected in a shooting that injured Rep. Alexandria police tweeted: " Suspect is in custody and not a threat ". A somber atmosphere descended on Capitol Hill Wednesday morning following the shooting incident that injured five people, including House Majority Whip Steve Scalise .

by | June 15, 2017 | 03:27

Monaco's teenage sensation Kylian Mbappe has been handed a starting role for France in their friendly date with England. " Real Madrid have been trying to recruit me since I was 14", he revealed. A source told ESPN FC last week that two clubs had made bids of more than €100 million for the 18-year-old, whose stunning displays in Monaco's Ligue 1 title win and run to the semifinals of the Champions League have sparked strong interest from Europe's biggest clubs.

by | June 15, 2017 | 03:17

The year-on year inflation rate measured by the CPI with 2012 as the base year with an index of 100 stood at 13.0% in April 2017 as against the 12.80% recorded for March 2017, representing a monthly rate of change of 1.56%. That was above forecasts for the reading to remain steady at April's 2.7% and was the highest rate of annual inflation since June 2013. Retail inflation slipped to a record low of 2.18% in the month of May on the back of a fresh decline in food inflation .

by | June 15, 2017 | 03:17

One of the "lies" Mr Trump says Mr Comey told was that he had "pressured him" into dropping an investigation into former national security adviser Mike Flynn . "I'll tell you about that, maybe sometime in the very near future", Mr Trump told reporters gathered in the White House Rose Garden before moving on to questions about Romania.

by | June 15, 2017 | 02:58

It foresees one additional rate hike this year, unchanged from its previous forecast. That said, no one expects the Fed's rate hikes to turn aggressive. Analysts in recent weeks have become increasingly doubtful the Fed will indeed go ahead with a third rate increase later this year, as inflation, consumption and other economic data have indicated the weakness seen in the first quarter has continued.

by | June 15, 2017 | 03:01

The company was downgraded on Tuesday, August 11 by Wood. The stock has "Buy" rating by Liberum Capital on Thursday, May 18. In other news, insider Ruth Prior purchased 33,612 shares of the company's stock in a transaction that occurred on Tuesday, April 11th.

by | June 15, 2017 | 02:36

Mueller is investigating alleged Russian Federation interference in the 2016 USA presidential election and possible collusion with the Trump campaign . At a Senate appropriations committee hearing, Rosenstein hinted - without confirming directly - that Mueller's investigation could probe deep into Trump's White House .

by | June 15, 2017 | 02:34

Paul Hollingsworth, an economist with Capital Economics , said he believed the data showed the drop in the pound has fed through into inflation more quickly than expected. The BLS noted that a 2.7% decrease in the energy index was the main contributor to the monthly fall. 'We are maintaining our underweight to United Kingdom equities and increasing exposure to defensive large caps using the Fidelity Money Builder Dividend fund at the expense of cyclicals and mid-cap stocks, ' he added.

by | June 15, 2017 | 02:25

With the eventual launch of iOS 11 , though, iPads will finally get some much-needed flexibility - in other words, the iPad's best days are yet to come. To geek out just a hair, it adjusts the refresh rate of the screen between 24Hz and 120Hz on the fly. Based on the demonstrations Apple has shared, the software update will make the iPad much more like a laptop, using Apple's familiar file structure plus a number of multi-tasking features that will make it feel more robust.

by | June 15, 2017 | 02:23

Anbang , which is closely connected to the Chinese government, said the company was operating normally and that Wu had delegated power to other executives. Zhang said Wu's detention, like the disappearance last January of billionaire Xiao Jianhua from a Hong Kong hotel in the middle of the night, likely reflects behind-the-scenes power struggles ahead of the 19th Party Congress later this year.

by | June 15, 2017 | 02:19

According to documents filed Tuesday in bankruptcy court in DE, 26 of the 44 Marsh stores that were put up for auction following the in company bankruptcy proceeding filings were sold. Now, the only issue delaying a U.S bankruptcy judge in DE from signing off on the acquisitions is an objection filed by the landlords of Lockerbie Marketplace, where Marsh operates one of its two downtown stores.

by | June 15, 2017 | 02:16

Steadfast Advisors Lp increased Marathon Pete Corp ( MPC ) stake by 69.41% reported in 2016Q4 SEC filing. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company's stock.

by | June 15, 2017 | 02:10

As a result, OPEC raised the expected demand for its crude this year by 100,000 bbl/d to 32.02 million bbl/d. Gasoline stockpiles rose 2.1 million barrels, while distillate stockpiles edged up by 300,000 barrels last week , according to the EIA .

by | June 15, 2017 | 02:12

The decision lifted the USA central bank's benchmark lending rate by a quarter percentage point to a target range of 1.00 per cent to 1.25 per cent as it proceeds with its first tightening cycle in more than a decade. However, questions remain about whether the Fed will continue its plan of further hikes this year. The central bank kept its benchmark rate at a record low near zero starting in late 2008 to try to boost consumer and business borrowing and lift the country out of the worst ...

by | June 15, 2017 | 02:13

Oil stockpiles in the United States surged by 3.3 million barrels in the week ended June 2, the EIA said Wednesday, confounding analysts' estimates for a 3.5 million-barrel decline. Brent is 7 percent below its open on May 25, when OPEC said they, along with producers outside of the group such as Russian Federation, would extend their oil output cuts through to the first quarter of 2018.

by | June 15, 2017 | 02:06

Effectively, in return for preloading cash into your Amazon account, the retail behemoth is promising 2-percent cash back on whatever you buy. The deal builds on Amazon's gift card system, though it can be funded with any debit card or bank account.

by | June 15, 2017 | 02:01

The central bank now believes inflation will fall well short of its 2 percent target this year. In the past, when the Fed raised rates, it tended to cause interest rates on mortgages to go up too. Economic-growth projections were little changed, with the median forecast for 2017 moving to 2.2 percent from 2.1 percent. Fed officials are wrapping up their two-day June meeting.

by | June 15, 2017 | 01:59

The company has total market capitalization of $10.83B and a total of 465.52M outstanding shares. Cabot Corp (NYSE:CBT) has risen 15.44% since June 13, 2016 and is uptrending. This is an increase from Cabot Oil & Gas Corporation's previous quarterly dividend of $0.02. Cabot Oil & Gas Corporation's dividend payout ratio is now -35.71%.

by | June 15, 2017 | 01:48

But more recently, as the unemployment rate has fallen to just 4.3 percent, inflation has stabilized near the Fed's 2 percent target, and financial market and real estate asset valuations have soared, Yellen and her cohorts have changed their approach.

by | June 15, 2017 | 01:49

US crude oil prices rose toward $50 per barrel on Tuesday as a strong start to the summer driving season in the United States suggested strong fuel demand in months ahead. However, US crude production rose to 9.34 million bpd last week, up almost 500,000 bpd from a year ago. "I see the little connection between oil markets and the Paris accord", Barratt said .

by | June 14, 2017 | 06:07

Trump also accused the former Federal Bureau of Investigation director of saying things that "just weren't true" in his testimony but added that Comey also "confirmed a lot of what I said". But the president's son also appeared to corroborate Comey's depiction of an Oval Office meeting in which Trump asked the then-director to call off the investigation into Flynn's links to Russian Federation and Turkey, an interaction Comey noted in a personal memo.