Markets

Fed Raises Key Interest Rate For 4th Time Since 2015

Despite the increase - the fourth since December 2015 - interest rates remain near historic lows, but the move will mean higher borrowing costs for consumers....


Fed announces rate hike decision

Treasury yields, which move opposite prices, had fallen sharply Wednesday after core consumer price index inflation came in weaker than forecast for a third m...


At least 12 dead in Grenfell Tower inferno

In a statement, Commander Stuart Cundy of the Metropolitan Police said, "I can confirm there have been a number of fatalities and others receiving medical care"...


RSA Insurance Group Plc (RSNAY) Valuation According To Analysts

It has a 94.87 P/E ratio. Investors sentiment decreased to 1.18 in Q4 2016. Investors wait BP plc (ADR) (NYSE:BP) to report on July, 25. its quarterly earni...


At hearing, attorney general denies improper Russia contacts

Sessions corroborated that Comey came to him the next day and asked not to be alone with the president. Sessions' testimony came days after fired FBI Di...


Noticeable Buzzers: Petroleo Brasileiro SA - Petrobras (PBR-A) ,Murphy Oil Corporation (MUR)

Finally, Princeton Alpha Management LP bought a new stake in shares of Petroleo Brasileiro S.A. - Petrobras during the first quarter valued at about $115,00...


'No Idea' How Many Still Missing In Massive London Fire, Say Authorities

He added: 'That's when I noticed the fire from outside when I looked out the window. Police earlier said they had been evacuating people from the building, ...


Golfers get in final practice shots at US Open at Erin Hills

I've played eight or nine rounds of golf [in the past 10 days]. Dustin Johnson hits from some tall fescue on the 12th hole during a practice round for the...


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 ...