Thursday August 24-th, 2017

Why Yellen's Jackson Hole speech could be a dud Why Yellen's Jackson Hole speech could be a dud

Spot gold was down 0.43 percent at $1,285.20 an ounce. Held every year since 1978 by the Kansas City Federal Reserve Bank, the event is a get-together of central bankers, academics and other policy experts, who discuss future trends in economic...

BHP Billiton to sell United States shale business BHP Billiton to sell United States shale business

Though Hyett concluded that, as ever, that "assumes stable commodity prices, and if the last two years have taught us anything it's the risks of making that kind of assumption". The loss-making petroleum and coal segments became profitable. Iron or...

Speculation grows about Gary Cohn's future in administration after Trump's Charlottesville remarks

Trump first blamed "many sides" for the violence in the college town, then two days later condemned the white supremacist groups, neo-Nazis and others who formed in Charlottesville to protest the scheduled removal of a statute honoring Confederate ...

Health care premiums to soar if Trump ends subsidies Health care premiums to soar if Trump ends subsidies

Thus, for example, a 40-year-old with income of $34,000 would pay about $3,350 a year - after tax credits - for a "silver plan " in 2026, but could get a more generous gold plan for several hundred dollars less, the budget office said.

Hundreds attend local vigil in wake of Virginia violence Hundreds attend local vigil in wake of Virginia violence

James Alex Fields Jr., a 20-year-old from Maumee, Ohio, has been arrested and charged with second-degree murder, malicious wounding and failure to stop in an accident that resulted in death, CNN reported. People lit candles in front of the United Pre...

USA inflation still tame as consumer prices rise less than expected USA inflation still tame as consumer prices rise less than expected

Perhaps even more important than the level is the direction of change. "Carefully monitor" is code for reviewing its intention to lift rates unless inflation rises. The cost of new motor vehicles fell 0.5%, the biggest drop since August 2009 and th...

USA stocks close slightly lower, trimming earlier losses

The recent resilience of data on the U.S. economy has not dampened the latest climb, despite depressing prices earlier in the week as reports returned high employment figures ahead of further U.S. Meanwhile, the dollar USDJPY, -0.31% fetched ¥109.6...

USA stocks tumble on North Korea worries USA stocks tumble on North Korea worries

Trump's remarks were provoked by Pyongyang's threats of "physical" retaliation for new sanctions imposed by the United Nations and vocally supported by the US and South Korea. Kathleen Brooks, research director at City Index Direct, said: "The Swis...

Gold On Verge Of $1300 After North Korea Threats Gold On Verge Of $1300 After North Korea Threats

The euro eased 0.1 percent to $1.1766, staying below a high of around $1.1910 set last week, the euro's strongest level in 2-1/2 years. All three USA stock market indices were down Wednesday morning. Canadian Tire Corp Ltd rose 3.4 percent to C$146...

Fired Google Employee James Damore Podcast Interview: In His Own Words Fired Google Employee James Damore Podcast Interview: In His Own Words

He also said that the employees who had supported him have also been contacted by Google's Human Resources - a claim Google has denied. Despite the cancellation of the town hall on Thursday, Pichai told employees he still plans to hear their co...

Obamacare Obamacare "Repeal and Replace" Plan Fails In The Senate

The Democrats were able to play on the fears that Republicans were bent on victimizing helpless citizens. This made the law vulnerable and created uncertainty about its future among market participants. Many of them are Americans with preexisting...

Debunked Gender Myths In That Google Anti-Diversity Rant Debunked Gender Myths In That Google Anti-Diversity Rant

Parts of the right side of the political spectrum in the United States have already defended Mr. Damore's stances, supporting his polarizing memo that claimed women aren't as biologically suitable to be software engineers as men are, a notion that ...

How to avoid buying bogus solar eclipse glasses

The eclipse will be visible to everyone in the continental United States, but will only be a total eclipse - meaning, the moon passes directly in front of the sun - for people in a specific path the sun will carve from the northwestern states down ...

Analyst Research and Ratings: Physicians Realty Trust (DOC), Edwards Lifesciences Corporation

It has underperformed by 41.85% the S&P500. Among 4 analysts covering Cedar Realty Trust (NYSE:CDR), 2 have Buy rating , 1 Sell and 1 Hold. Kite Realty Group Trust has a 52-week low of 17.60 and a 52-week high of 29.75. Since February 21, 2017, it...

WannaCry attack 'hero' arrested over banking malware WannaCry attack 'hero' arrested over banking malware

Marcus Hutchins (better known as MalwareTech ) appears to have been stopped by the Federal Bureau of Investigation yesterday afternoon as he prepared to board a flight from Las Vegas back to his home in London. More details about this arrest will...

Sterling gloom as Bank of England downgrades growth forecast Sterling gloom as Bank of England downgrades growth forecast

Perhaps some had seen the BOE raising rates. By 2pm BST, the pound was 0.78% lower against both the dollar and the euro, trading at $1.3118 and €1.1062, as the common currency moved towards its highest level against sterling since November past year....

Tesla loses $336.4M in Q2, expects costs to rise

Beat revenue estimates . The company posted revenues of $2.8 billion, topping our consensus estimate of $2.55 billion. Tesla's results came within a week of Tesla's long anticipated Model 3 launch, where Musk revealed that first off the produ...

Apple earnings gain sends Dow above 22000 Apple earnings gain sends Dow above 22000

The catalyst for the milestone boost was Apple . "We've picked up over US$4 trillion of net worth in our country, our stocks, our companies", Trump said at a White House event on immigration Wednesday. On Tuesday, it reached a new high of 21,963 p...

Santee Cooper, SCANA abandon Summer nuclear plant construction Santee Cooper, SCANA abandon Summer nuclear plant construction

When the Energy Policy Act of 2005 (EPA 2005) was passed, the Congress and the President sent a clear message to the nuclear industry. › Georgia Power Co . "The only responsible thing to do is understand how we got here and make sure we never get ...

Bitcoin split could hurt wider adoption of the currency, increase volatility Bitcoin split could hurt wider adoption of the currency, increase volatility

If there is a new technology that is widely supported by the community, we adopt it and provide a friendly product that allows efficient use of this innovation. Bitcoin .org states that anyone who owns bitcoin will automatically own the same amount...

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