Monday, 19 November 2018
Latest news
Home » Finance


Chuck Schumer invites GOP to open talks on health care


Senate Republican leaders are keeping their healthcare bill quiet - very, very quiet. The Senate is supposed to vote on the bill sometime before July 4, which might seem like enough time for the Congressional Budget Office (CBO) to analyze and score the bill, but in reality, it doesn't mean anything because Senate Majority Leader Mitch McConnell and co. Read More »

Puerto Rico Votes In Favor Of Becoming A State


Puerto Rico's governor said the territory will now put its " Tennessee plan " into action, meaning it will choose two senators and five representatives to go to Washington, D.C., to request statehood. "The federal government can not ignore the results of this plebiscite and the will of our people", the governor said. "Today, we the People of Puerto Rico, are sending a strong and clear message to the world claiming our equal rights as American citizens". Read More »

Special counsel Robert Mueller investigating Jared Kushner's business dealings

The tweet was the first explicit concession by the president that Robert Mueller , the special counsel for the Russian Federation inquiry, had begun examining Trump's firing of former FBI Director James Comey last month. Trump writes, "You are witnessing the single greatest WITCH HUNT in American political history - led by some very bad and conflicted people!" Trump's personal lawyer, Michael Cohen, also has retained an attorney to represent him. Read More »

Stansted-bound Eastjet plane diverts to Cologne due to possible bomb threat


Three men were arrested after the Easyjet flight from Ljubljana to Stansted, in Essex, had been diverted to Germany's Cologne-Bonn airport on Saturday afternoon. Police and the prosecutor's office earlier said the plane had been released after an intensive search and the men were not known to authorities. One backpack belonging to the men was blown up by police. Read More »

RPC Group PLC 60.8% Potential Upside Indicated by JP Morgan Cazenove

Louisiana State Employees Retirement System owns 18,900 shares for 0.03% of their portfolio. Natl Pension Ser reported 587,512 shares. Analysts await Williams Companies Inc (NYSE:WMB) to report earnings on August, 7. The Company offers a range of fixed line, broadband, mobile and data center services to businesses, consumers and the public sector on the Isle of Man. Read More »

Saudi Arabia become puppet of USA in region: Iran's Safavi

The upheaval has been capped by the Saudi-led effort to isolate Qatar after it and other Arab nations cut diplomatic ties to Doha over its alleged support of Islamists and extremists, as well as its close ties to Iran. While much has been said about the role of Iran in this dispute, the relations between Qatar and Iran are rather complicated, Juneau says. Saudi Arabia unilaterally severed its diplomatic ties with Iran after protests in front of its diplomatic premises in the cities of Tehran ... Read More »

Companies Drop Sponsorship of 'Trump'-Like 'Julius Caesar' Play


President Donald Trump . The National Endowment for the Arts, which Trump once proposed eliminating, said in a statement that while the Public's Shakespeare programing has received its grants in the past, none were awarded for " Julius Caesar " or for funds supporting the New York State Council on the Arts' grant for the Public. Read More »

Trump announces plan to modernize, privatize air traffic control


Congressman Ron Estes of Kansas wants to protect the needs of general aviation when it comes to President Trump's plan to privatize the nation's air traffic control system. Both sides of the privatization debate said the system is one of the most complex and safest in the world. Trump proposes a plan to privatize air traffic control and reduce airport delays. Read More »

Wall Street Sees Fed Putting Balance Sheet Over Rate Hikes


Retail sales are still down, and auto sales are slow. Regarding inflation , the Fed sees it stabilizing but remaining below 2 percent (y/y) in the next 12 months. "The committee now expects to begin implementing a balance sheet normalization programme this year, provided that the economy evolves broadly as anticipated", the Fed said in its statement. Read More »

Greece to get $9.5 billion bailout payment


Finance Minister Euclid Tsakalotos said the agreement would allow market access "in due course". Eurogroup finance ministers met on Thursday to review the bailout program for Greece. For the longer-term, Dijsselbloem said the 19-nation eurozone had agreed that Greece would get help on making its debts more sustainable, including the possibility of extending repayments by 15 years and linking repayments to Greece's growth. Read More »

Brexit minister Davis: "No doubt" over Britain leaving EU

Monday's talks between Brexit Secretary David Davis and European Union negotiator Michel Barnier follow preliminary negotiations in Brussels between officials. That the British were ready to break negotiations down on the lines of priorities identified by Brussels implied, he said, a willingness to start a first phase of divorce talks before moving on next year to a second phase on the new free trade relationship May wants - a "sequencing" London has disputed. Read More »

Brian Harman holds one-shot lead over Tommy Fleetwood at US Open


Joining Thomas one back are American Brooks Koepka (68) and Englishman Tommy Fleetwood (68) with first round leader Rickie Fowler (68) two adrift and South Korean young gun Kim Si-woo (68) three behind the pacesetter. He landed the ball perfectly on the fringe of the green and it rolled just past the hole for a makeable eagle putt. That was a 10-shot improvement on his second round and left the 26-year-old on eight under par as he seeks to turn his Ryder Cup heroics into individual ... Read More »

Syrian refugee studying engineering named as one of first Grenfell fire victims

The tragic 23-year-old was trapped inside his flat for two hours after being separated from brother Omar during the inferno, telling him on the phone: "I'm dying, I can not breathe". The 23-year old's family said he had come to the United Kingdom with hopes for the future, and they will miss him dearly. Up to 600 people lived in the social housing block in more than 120 apartments. Read More »

European Union warns May might delay Brexit by one year

This is part of a long-running disagreement between the United Kingdom and the EU. Fighting for her political survival, May has been trying to strike a deal with a small Northern Irish Protestant party to avoid a second election that could delay Brexit talks and damage the $2.5 trillion economy . Read More »

UK: Economy, jobs main focus in Brexit

With the United Kingdom still coming to grips with election result, Barnier urged London to appoint a negotiating team in order to start talks as soon as possible. "That is why we are pushing ahead with negotiations on Monday". Arriving for a meeting with his counterparts in the 28-country EU, Hammond said his "clear view and I believe the view of the majority of people in Britain is that we should prioritize protecting jobs, protecting economic growth and protecting prosperity as we enter ... Read More »

Markets muted as Fed hikes rate by 25 bps


More interestingly, policy makers set out a detailed plan to shrink the $4.5 trillion balance sheet by gradually reducing security holdings.Although the date hasnot been specified, there's a very high chance the process will start in September. Read More »

Philippines' Duterte says IS not behind casino attack


In this image made from security video released by Manila Police and Resorts World Manila on Saturday, June 3, 2017, a gunman collects casino chips in the Resorts World entertainment and gambling complex in suburban Pasay city, southeast of Manila , Philippines on Friday, June 2, 2017. Read More »

Mumbai blasts: Mustafa Dossa found guilty


Karimullah Shaikh was held on August 21, 2008, and charged with smuggling arms into the country through the Shekhadi coast of Raigad district, reported ANI . One hundred people had been convicted in 2007 following a marathon trial. He was arrested in 2008 and was part of landing of arms in Shekhadi. ■ 4 November 1993: Over 10,000 page-long primary charge-sheet filed against 189 accused, including Dutt who is named accused number 117. Read More »

BBA Aviation plc (BBA) Earns "Hold" Rating from Liberum Capital

The stock has "Neutral" rating by Nomura on Monday, August 10. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the stock. 23 funds opened positions while 86 raised stakes. 247.32 million shares or 49.71% less from 491.80 million shares in 2016Q3 were reported. (NASDAQ:CNBKA) for 2,197 shares. Read More »

Trump holds freaky praise-filled Cabinet meeting

The president said with the exception of Franklin Roosevelt, "never has there been a president who's passed more legislation, who's done more things than we've done". "My hat is off to you", said Energy Secretary Rick Perry , referring to the president's explanation of his decision to abandon a global climate change agreement. Read More »

Grocery Stocks Stumble After Amazon's Whole Foods Purchase


This would give a substantial boost to Amazon's services for one- and two-hour Prime Now delivery, as well as its Fresh grocery delivery service, both of which are available in Boston. For instance, Amazon has used its position as the shopper-consideration starting point to elevate its private labels on Amazon searches and shopper inquiries on Alexa. Read More »

Fed Raises Interest Rates Again, Hitting 2008 Levels

The latter was involved in an investigation concerning the Trump administration's ties with Russian officials. This rebalancing could give the Fed the excuse not to hike rates as it would provide additional tightening, Hermes chief economist Neil Williams. Read More »

Hot On The Charts: EnLink Midstream, LLC (ENLC), Dynegy Inc. (DYN)

It has underperformed by 12.35% the S&P500. A number of investment brokers have recently updated their price targets on shares of EnLink Midstream Partners LP (NYSE:ENLK). Kornitzer Mgmt Ks invested in 0.15% or 161,030 shares. Macquarie started coverage on Magellan Midstream Partners a research note on Friday, April 21st. Read More »

Bank raises lending rates after Fed hike


The central bank bought massive quantities of USA government bonds as part of an unconventional monetary policy program to shore up the economy after the 2008 financial crisis, swelling its portfolio from roughly $900 billion to around $4.5 trillion. Read More »