Markets

United Kingdom inflation rate rises again, hits four-year high

USA retail sales recorded their biggest drop in more than a year in May amid declining purchases of motor vehicles and discretionary spending, which could tem...


Cornyn focuses on Comey, Clinton emails in Sessions' Senate hearing on Russian Federation

Trump has managed to do it all before the six-month mark. Possibly because the Diamondbacks weren't playing Monday night, the Arizona senator was fairly coher...


Fed raises rate, plans balance sheet reduction

In a sign of confidence, the Fed upgraded its forecast for US economic growth and unemployment this year. As long as the economy "evolves broadly as expe...


Traders now see next Fed rate hike as soon as March 2018

The unemployment rate, at 4.3%, is at its lowest level since 2001. Solid job gains have pulled down the unemployment rate to lower-than-expected levels, at 4....


Can analysts adopt a bullish outlook for Sophos Group PLC (LON:SOPH)?

Raymond James Trust decreased Glaxo Smithkline Sponsored Plc (GSK) stake by 6.86% reported in 2016Q4 SEC filing. The fund owned 61,228 shares of the company's s...


Fed agrees on details of plan to shrink balance sheet

Estimates for the unemployment rate by the end of this year moved down to 4.3 percent, the current level, and to 4.2 percent in 2018, indicating the Fed believe...


Woman trapped in Grenfell Tower films panic as fire engulfs block

The Metropolitan Police confirmed on Wednesday evening that 12 people died in the blaze, adding that the figure was "likely to rise". The fire brigade said ...


Fed expected to raise rates today

Greg McBride, an analyst with consumer financial site Bankrate.com, tells NPR's Yuki Noguchi that, taken together, the Fed's moves have caused home equity and...


Fed raises interest rates, to reduce balance sheet 'this year'

Minneapolis Fed President Neel Kashkari dissented in Wednesday's decision. This has given the Fed confidence to begin selling off some of the $4.5 trillion of...


Premier League fixtures: Revenge on Tottenham's early agenda

Bet Victor have priced the Premier League heavyweights at odds of 4/1 to sign the 20-year-old before the September 3 deadline. Manchester City, Tottenham, ...


Uber's CEO takes some time off amidst investigation

The company has been under fire since February, when a former site reliability engineer, Susan Fowler , levelled numerous allegations of sexism against her for...


Traders see no further Fed rate rises until next year

The policymakers signaled that they still expect to raise rates once more in 2017. Of significance to the mortgage shopper is the Fed's continued policy of ...


European Central Bank keeps stimulus in place

An afternoon recap of the day's most important business news, delivered weekdays. Ahead of the European Central Bank's ( ECB ) June policy meeting the mood ...


New Zealand GDP Gains 0.5% In Q1

The Treasury expects GDP growth to average a solid 3.1% over the next five years, as the government rolls out massive infrastructure plans to support a growing ...


Text of the Fed's statement after its meeting Wednesday

The Federal Reserve on Wednesday raised its benchmark interest rate for the third consecutive quarter, to a range from 1 percent to 1.25 percent. "The com...


Someone Just Hit a Giant Powerball Jackpot

Lottery officials said the earliest the ticket could be redeemed is 8 a.m., and the victor has one year to claim the prize. Lottery site USAMega.com estimated ...


IOS 11 Brings FLAC File Support to iPhones and iPads

Or if you're catching a flight, the boarding pass will automatically show up. Texts sent via iMessage will also be intercepted. We reveal all you need to ...


Klay Thompson wins second NBA Finals

Kyle Korver's 3-pointer pulled the Cavaliers within 108-102 but dunks by Durant and Andre Iguodala boosted Golden State's lead to 112-102 and the Warrio...


Warriors ride Durant to beat Cavaliers and clinch National Basketball Association title

The Cavaliers, led by stars LeBron James' 41 points and Kyrie Irving's 26, repeatedly battled back and pulled Cleveland within striking distance of Golden Sta...


Congressman Steve Scalise Among Those Shot At Alexandria, Va. Baseball Field

Joe Barton said in a statement. The second patient has not been identified . While the top lawmakers, including Scalise, have security details, others do not...


Premiums Spiked More Than 100% Under ObamaCare in Last 4 Years — MAP

The statistics behind that claim were correct, but very incomplete. Since Trump's inauguration, CMS' leaders, and that of its parent, the Health and Human Se...


WH Smith travel sales rise, high street sales fall

The books and stationery retailer recorded 5% growth in same store sales for its travel unit and 4% drop in same store sales for the high street division. In it...


US consumer prices slipped 0.1 percent in May

The Office for National Statistics said Tuesday that consumer prices were up 2.9 percent on the year in May, from 2.7 percent in April. Last month, inflatio...


Trump calls Comey a liar

Oh. So, according to the president - who seemed to be glancing down at some notes while speaking - we should believe the parts of Comey's testimony that Tr...


Fed cuts inflation, unemployment rate forecasts

It expects to begin the normalisation of its balance sheet this year, gradually ramping up the pace. "We'll still see rate hikes baked in for the future". T...