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Stocks slip slightly amid trade remarks, earnings season
U.S. stocks were mixed Tuesday afternoon as investors digested a wave of signals from officials over U.S.-China trade relations and monetary policy, along with…
Jul 16, 2019 20:04 UTC Read More

Homebuilder sentiment ticks up slightly, as housing shortage intensifies
Builder confidence for single-family homes rose just one point, to 65, in July, according to the National Association of Home Builders/Wells Fargo Housing…
Jul 16, 2019 14:00 UTC Read More

JPMorgan's Jamie Dimon: Economy 'not that bad' as bank preps for 3 rate cuts in 2019
Higher interest rates could undermine earnings at JPMorgan Chase.
Jul 16, 2019 13:27 UTC Read More

World economy needs to avoid 'self-inflicted wounds,' IMF says
The U.S. economy is performing well but it's not immune from external challenges, the acting managing director of the IMF told CNBC Tuesday.
Jul 16, 2019 10:56 UTC Read More

US retail sales beat expectations in June
U.S. retail sales increased more than expected in June, pointing to strong consumer spending.
Jul 16, 2019 05:53 UTC Read More

What Africa’s Key Central Banks Will Discuss in the Next 10 Days
(Bloomberg) -- Central banks in sub-Saharan Africa's key economies will take direction from U.S. Federal Reserve Chairman Jerome Powell when they make…
Jul 16, 2019 05:41 UTC Read More

Cramer Remix: What to make of the inverted yield curve this earnings season
Jim Cramer discusses the inverted yield curve and Fed Chair Jerome Powell's response.
Jul 16, 2019 00:12 UTC Read More

RI woman believed to be the oldest Native American dies
NARRAGANSETT, R.I. (WJAR) — Believed to be the oldest Native American living in Rhode Island, Eleanor Dove passed away this weekend at 100 years old.
Jul 15, 2019 23:20 UTC Read More

Has Monetary Stimulus Seen Its Best days?
Regarding George Melloan's “The Myth of Monetary Stimulus Is Unraveling” (op-ed, July 9): Another disservice the prolonged low rates have provided is to…
Jul 15, 2019 20:27 UTC Read More

Breakingviews Silicon Valley is trapped in political purgatory
(Reuters Breakingviews) - Silicon Valley finds itself trapped in political purgatory. Facebook can afford to shrug off an expected $5 billion fine over privacy, but…
Jul 15, 2019 20:26 UTC Read More

Harris blasts, and takes money from, Epstein's law firm
WASHINGTON (AP) — Kamala Harris bemoaned the influence of the powerful and connected elite last Tuesday when she called on top Justice Department…
Jul 15, 2019 18:42 UTC Read More

Police: Boy, 3, dies after falling into grease trap at Tim Hortons shop
Rochester, N. Y. (WHAM) — A three-year-old child has died after falling in a grease trap at a University Avenue Tim Hortons Monday. A large-scale police…
Jul 15, 2019 15:41 UTC Read More

PSEi surges past 8300 on Fed, BSP easing bets
THE MAIN INDEX surged past the 8,300 mark on Monday as investors continued to bet on monetary policy easing by the US central bank. The bellwether…
Jul 15, 2019 13:59 UTC Read More

'Carried him out in a body bag': Woman says man overdosed, died on airplane
The former California state director for the Drug Policy Alliance is calling for airlines to carry the anti-overdose drug naloxone after she says a man overdosed in…
Jul 15, 2019 13:38 UTC Read More

IMF warns banks to evolve or be 'left behind' amid competition from big tech firms
Banks must evolve or risk being “left behind” as big tech companies shake up the financial system, according to new research from the International Monetary…
Jul 15, 2019 12:25 UTC Read More

Texas woman says she was attacked over floats during tubing trip
NEW BRAUNFELS, Texas (KABB) — This is not how Elizabeth Rose wanted to spend her Sunday afternoon. She was walking around the Lazy L & L…
Jul 15, 2019 11:43 UTC Read More

US Federal Reserve is 'doing a fine job,' IMF's Zhang says
The U.S. Federal Reserve has come under fire in recent months for not lowering interest rates but the IMF's deputy managing director defended the central bank…
Jul 15, 2019 10:57 UTC Read More

Bitcoin drops more than 10% as scrutiny of cryptocurrencies grows
Bitcoin slumped more than 10% over the weekend to a two-week low as fears of a crackdown of cryptocurrencies grew on mounting scrutiny of Facebook's…
Jul 15, 2019 08:42 UTC Read More

Central banks tossing grenades rather than firing bazookas Business News
HONG KONG: Central bankers readying to fight another economic downturn are tossing hand grenades rather than firing bazookas.
Jul 15, 2019 05:20 UTC Read More

The Bond Market May Be Staring at a Major Inflection Point
Fed Chairman Jerome Powell basically confirmed a rate cut is coming and yields rose. That's not good. Also, an announcement.
Jul 15, 2019 04:00 UTC Read More

The Bond Market May Be Staring at a Major Inflection Point
Fed Chairman Jerome Powell basically confirmed a rate cut is coming and yields rose. That's not good. Also, an announcement.
Jul 15, 2019 04:00 UTC Read More

Central bank politicisation of growing concern
Even the US Federal Reserve and the European Central Bank are no longer immune to pressure from governments.
Jul 15, 2019 03:34 UTC Read More

Fed poised to get in first with rate cut despite market risks
The Federal Reserve looks poised to beat the European Central Bank out of the blocks with a rate cut that looks set for its next meeting on July 31.
Jul 15, 2019 01:29 UTC Read More


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