by | June 18, 2017 | 00:41

Ahead of the announcement, market participants had been of the view that there would be no further rate increases this year following the tame inflation reports. On June 15, 2017, U.S. bond futures indicated a 50% chance of a rate hike in the September meeting after weak CPI and retail sales data. "The Fed seems to think the weakness is temporary".

by | June 17, 2017 | 07:35

While analysts do not know for sure yet what the impact will be, stock prices today for Amazon and Whole Foods shot up Friday, while prices for traditional retailers like Walmart , Target , Kroger , and Cosco fell. Meanwhile, in a letter to its customers, Whole Foods Market, Inc . The New York Times said the Amazon purchase of Whole Foods gives the online giant a tremendous boost in its proximity to customers within 90 minutes or less.

by | June 17, 2017 | 07:32

The firm has "Buy" rating by Mizuho given on Friday, October 28. In fact, he raised his stock price targets for Amazon shares to $1,200 from $1,150 and for Netflix to $175 from $165 on Thursday. After $7.73 actual earnings per share reported by Alphabet Inc for the previous quarter, Wall Street now forecasts 8.41 % EPS growth. Empirical Finance LLC bought a new position in shares of Alphabet during the fourth quarter valued at about $115,000.

by | June 17, 2017 | 07:29

The amnesty comes as part of the country's revised 2017 National Firearms Agreement, which has been agreed by state and territory governments. Mr Keenan said the amnesty would allow people to hand in guns with no questions asked. All semi-automatic rifles and all semi-automatic and pump-action shotguns are banned, and there are strict regulations on licensing and ownership. Australia has some of the strongest and most effective gun laws in the world, but authorities estimate some 260,000 ...

by | June 17, 2017 | 07:31

Its stock jumped $9.62, or 29.1 percent, to a two-year high of $42.68. Amazon's purchase of Whole Foods is just the latest step on the company's steady rise to power, says the author of The Everything Store: Jeff Bezos and the Age of Amazon .

by | June 17, 2017 | 07:28

Walmart's decision to buy Bonobos may have been motivated by a desire to attract new customers in niche areas where the retail giant is not as strong, MSN reports. "We will be extending what we have learned to a wider ecosystem that we have helped create and come to love". "I'm thrilled to welcome Andy and the entire Bonobos team".

by | June 17, 2017 | 07:11

The shift toward investigating the U.S. president began days after Trump fired James Comey as Federal Bureau of Investigation director on May 9, the Post said. Rosenstein , meanwhile, issued a warning to anyone reading anonymously-sourced news articles on the probe. A day or two later, Trump reportedly asked Coats and Rogers to publicly state there was no evidence of coordination between his campaign and the Russian government.

by | June 17, 2017 | 07:07

In her statement May said: "We need to know what happened, we need to have an explanation of this". May announced the aid package to victims of the fire inside St. Whole families are said to be among the missing, including Bassem Choukeir, his wife Nadia, her mother Sariyya and the couple's three daughters Mirna, Fatmeh and Zaynab.

by | June 17, 2017 | 07:02

May's programme will most probably have to be watered down, dropping some of her preferred reforms to help get legislation through parliament and possibly having to give way to other ministers who have strong views over the direction of Brexit .

by | June 17, 2017 | 06:59

The British general election last week has done little to remove the uncertainty facing the business community and Britain's worldwide partners as it delivered a shock hung Parliament, forcing the government to turn to the right-wing Northern Irish Democratic Unionist Party ( DUP ) for support.

by | June 17, 2017 | 07:00

Police said on Friday that 30 people were confirmed to have died. "The local community feels their grief has been made worse by the lack of information about their missing family members and friends", he wrote . Javid said inspections of similar buildings had been ordered, with particular attention to the modern cladding used to beautify and add an insulation layer to ageing concrete and steel structures.

by | June 17, 2017 | 06:57

Kim Leadbeater said "every day is difficult" as Mrs Cox's widower, Brendan, said her murder "took the heart" out of the family but insisted they have not been broken by the tragedy. "The first emotion was shock, both numbing and shattering". Right-wing loner Thomas Mair was given a whole life term after being convicted of her murder at the Old Bailey in November.

by | June 17, 2017 | 06:51

Census Bureau and the U.S. Department of Housing and Urban Development. The Northeast maintained its rate of building from April at 87k, while the West recorded a meagre rise of 4k in builds. This was 4.9 percent off the April rate of 1,228,000 units, a revision from its original estimate of 1,229,000. In May, single-family starts surged in the Northeast and Midwest, but tumbled in the South and West.

by | June 17, 2017 | 06:51

The company said there were reports of 8 minor injuries, due to unexpected driverside deployments. 209,135 Dodge Grand Caravan models from the United States and 87,703 models from Canada are affected by the safety defect, for a total of 296,838 Grand Caravan vehicles.

by | June 17, 2017 | 06:50

Now, Trump is turning his attention towards reversing yet another popular Obama administration policy. US airlines and cruise ships would also still be allowed to carry passengers to and from Cuba . "You have not betrayed us - you kept your promise". The Obama opening to Cuba was undertaken under the theory that decades of isolation have not worked to end the Castro tyranny and that another approach was necessary.

by | June 17, 2017 | 06:28

The state-run Korean Central News Agency said Otto Warmbier had been serving hard labor but didn't comment on his medical condition or how the country negotiated his release with the United States . Warmbier also revealed he and his wife were told by Obama administration officials not to hang ribbons representing Otto's captivity in their community because it would have been offensive to North Korean officials.

by | June 17, 2017 | 06:27

The measures helped stabilise oil prices at the beginning of the year, with the worldwide benchmark Brent crude sticking above US$50 per barrel. US crude oil output rose 12,000 barrels per day (bpd) to 9.33 million bpd, for the week ending June 9, the EIA said.

by | June 17, 2017 | 06:28

The Japanese yen strengthened 0.55 percent versus the greenback at 109.49 per dollar, while sterling was last trading at $1.2751, up 0.01 percent on the day. The Fed also laid out plans to pare back its $4 trillion balance sheet this year. The rupee opened 13 paise down at 64.66 against dollar on Friday on account of selling of American currency by banks and exporters.

by | June 17, 2017 | 06:25

After facing temporary resistance from fuel dealers, the Indian government formally launched a new system that allows oil companies to revise the petrol and diesel prices daily in India from June 16. Consumers can download this mobile app from Google Play for Android phone users and from Apple Store for iPhone users. For this, you need to send an SMS in the prescribed format to fetch the current rates applicable at a dealer.

by | June 17, 2017 | 06:10

A study conducted by the Department of Agriculture two decades ago found almost one in five adults didn't know hamburgers are made from beef. Forty-eight percent of respondents also didn't know how chocolate milk is made. However, the researchers noticed that numerous testers weren't knowledgeable on the origins and processing practices for the foods they regularly consumed.

by | June 17, 2017 | 06:10

Many Cuban-Americans who were at Miami International Airport before they embarked on their flight to Cuba expressed their thoughts on the order, Friday. Cuba regretted "a reversal in relations between the two countries", the statement said. President Donald Trump announced on Friday that he was " canceling " his predecessor's move to ease sanctions on Cuba, but in practice there will be few immediate changes.

by | June 17, 2017 | 06:02

Bill Sandoval this week signed a bill that reinstates net metering for photovoltaic solar power systems. Gov. Sandoval must also decide whether to sign Assembly Bill 206 and Senate Bill 392, which respectively would boost the state's renewable portfolio standard and develop a community solar program.

by | June 17, 2017 | 05:51

They can hold him in contempt of Congress if he refuses to do so. SHAPIRO: This seems similar to a situation that we saw last week when two top Trump administration intelligence officials, NSA Director Mike Rogers and Director of National Intelligence Dan Coats, refused to answer questions from a Senate committee but would not specify what legal grounds they were basing that refusal on.

by | June 17, 2017 | 05:45

Police said 17 people were killed in the blaze but warned this number is set to rise, with British media reporting the death toll could exceed 100. Friends and families of victims, including a furious seven-year-old, asked: "How many children died?" Indeed, as we now know, the apartment block had just one external stairway, no central alarm or sprinkler systems , and was clad in a combustible material that would have generally been banned in the United States for buildings taller than 40 ...

by | June 17, 2017 | 05:46

He added that despite the diplomatic tension in the Gulf, Qatar's navy was carrying out its duties "as normal". In his remarks from London, Jubeir said there was no intention of harming the Qatari people and called Doha an "ally" in the six-nation Gulf Cooperation Council (GCC).