Money


Is the BoE ready to hike rates?
- August 05, 2017

United Kingdom inflation is forecast to rise further in the coming months, peaking around 3% in October before gradually dropping to 2.2% over the three-year forecast. The bank said that growth is likely to remain sluggish because the salaries paid to workers aren't going as far as they used to. The Bank also downgraded its growth forecasts for the United Kingdom, from 1.9% to 1.7% for this year, and said growth would then slow to 1.6% in 2018, down from its previous 1.7% projection. (more...)
Martin Shkreli guilty on three counts in securities fraud case Martin Shkreli guilty on three counts in securities fraud case
- August 05, 2017

Then he engineered a complicated stock deal in which he bought Retrophin shares at below market value and then used them to pay back the investors in his hedge funds . At 2:18 p.m., Judge Kiyo Matsumoto's clerk abruptly stood up, hung up a phone, and walked into the judge's chambers. Prosecutors in the trial had claimed that Shkreli defrauded millions of dollars from investors in his two hedge funds. (more...)
India tighten grip against SL on Day 2 India tighten grip against SL on Day 2
- August 05, 2017

With spinners already doing their job, Virat Kohli would want Mohammed Shami and Umesh Yadav to step up as well like the previous Test. But he couldn t build on it, as Rangana Herath (2-122) bowled him in the 122nd over. Off-spinner Dilruwan Perera provided the only breakthrough for the hosts in the morning session after getting Dhawan trapped lbw at the Sinhalese Sports Club Ground. (more...)
Jab Harry met Segal : Ordinary or Plagiarized Jab Harry met Segal : Ordinary or Plagiarized
- August 04, 2017

Whenever I meet SRK , he seems like a Delhi guy but in movies , it doesn't seem so because he is not characterized like that. Shah Rukh Khan has held a special screening of Jab Harry Met Sejal for members of Jodhpur Guide Association today. (more...)
Venezuela's National Constituent Assembly to meet on Friday Venezuela's National Constituent Assembly to meet on Friday
- August 04, 2017

For the moment Trump administration did not deliver on threats to sanction Venezuela's oil industry, which could undermine Maduro's government but raise USA gas prices and deepen the humanitarian crisis here. Tibisay Lucena, the head of the National Electoral Council, dismissed Smartmatic's claim, saying it was an "opinion" of a company that played only a secondary role in the election and had no access to complete data. (more...)
Apple announces their Q3 2017 financial earnings, earning $45.4 billion in revenue Apple announces their Q3 2017 financial earnings, earning $45.4 billion in revenue
- August 03, 2017

Apple's Services revenue set a record with $7.3 billion in income, an increase of 22 percent from a year ago. Apple says to expect $49-$52 billion in fiscal fourth quarter revenue, more than many had anticipated. Apple ( aapl ) sold 1% more Mac computers than it did a year earlier, even as the overall PC market shrunk about 4% . Revenue increased 7 percent from previous year to $45.4 billion. (more...)
Which Analysts Are Watching Education Realty Trust Inc. (NYSE:EDR)?
- August 02, 2017

Cedar Realty Trust has a 52 week low of $4.70 and a 52 week high of $8.08. The number of shares now owned by investors are 86.37 mln. The Allstate Corp holds 13,479 shares with $2.31 million value, down from 36,283 last quarter. Wasatch Advsrs stated it has 0.14% of its portfolio in AtriCure Inc. (CTXS) to grow. At recent closing price of $78.98, CTXS has a chance to add $5.9 or 7.47% in 52 weeks, based on mean target price ($84.88) placed by analysts.The analyst consensus opinion of 2.7 looks ... (more...)
Make Way for Bitcoin's Less Costly Cousin: 'Bitcoin Cash' Make Way for Bitcoin's Less Costly Cousin: 'Bitcoin Cash'
- August 02, 2017

Others, however, may argue that it is an offshoot of the original Bitcoin and so does not constitute a new currency. Despite its meteoric success as the foremost digital cryptocurrency, investors and users of Bitcoin have as of late expressed serious misgivings regarding the direction, performance, and future of the currency. (more...)
Ryu throws 7 strong, Dodgers walk-off Giants for sweep Ryu throws 7 strong, Dodgers walk-off Giants for sweep
- July 31, 2017

That is what the Giants are up against: a franchise that has displayed a rare ability to win and develop at the same time, that has deep-pocketed owners along with a front office that uses their largesse to amplify their small-market borne philosophies on efficiency and innovation rather than abandon them. (more...)
First Test: Sri Lanka's Karunaratne, Dickwella keep India waiting (Lead Tea Report)
- July 29, 2017

As a couple of partnerships blossomed, it certainly looked like we might have a fifth day to watch out for, with Sri Lanka showing a bit of fight. Ravichandran Ashwin and Ravindra Jadeja picked up three wickets each as India cruised to an easy win at Galle . (more...)
Midnight drama by Tejashwi, RJD MLAs outside Bihar Raj Bhawan Midnight drama by Tejashwi, RJD MLAs outside Bihar Raj Bhawan
- July 27, 2017

Bihar is witnessing upheaval soon after Nitish Kumar resigned on Wednesday evening and termed his alliance with the Rashtriya Janata Dal (RJD) as unnatural. Within no time, NDA MLAs were marching up to the CM's residence, to pledge support to the JD (U) chief as the next CM. "It was all well-timed and planned to ensure Nitish gets a smooth exit to join hands with the BJP", said Shekhar Gupta, founder and editor-in-chief of The Print. (more...)
WhatsApp announces over 1 billion daily active users & other stats WhatsApp announces over 1 billion daily active users & other stats
- July 27, 2017

Clocking over two billion monthly active users (MAUs ), Facebook has posted a net income of $3.89 billion in second quarter of 2017 - up 71 per cent from the same quarter a year ago. During the past year, Facebook increased the global headcount by 43% to 20,658. The popularity of Instagram also has put pressure on Snapchat , the app owned by Snap Inc. (more...)
Cautious Fed Bets Keep Dollar Glum, Stocks Strong Cautious Fed Bets Keep Dollar Glum, Stocks Strong
- July 27, 2017

With US growth accelerating and unemployment hovering at just 4.4 percent, the central bank is now considering gradually reducing that stimulus in a manner that avoids roiling financial markets . Commentary on starting the balance-sheet reduction plans was an important aspect of the statement . The kiwi dollar pushed to a fresh 26-month high against the greenback as the United States dollar remained out of favor in Asian trading. (more...)
Frontier adds Florida flights from Milwaukee Frontier adds Florida flights from Milwaukee
- July 20, 2017

Airline representatives say introductory one-way fares will cost $39. The airport has also welcomed new global service from Volaris in that time. Frontier's strategy shift confirms his belief that an ULCC can not compete with a traditional network carrier when the latter competes on price, for example United's newly rolled out basic economy fares, says Kirby. (more...)
The stage is set of The Open's return to Royal Birkdale The stage is set of The Open's return to Royal Birkdale
- July 20, 2017

RIGHT: Justin Rose has a laugh during his Wednesday practice round. Five of those due to start Thursday's first round are amateurs, while 38 players are making their debut at the British Open . Hopefully, we can have another one or two like that. "A second Open championship isn't going to change my life". In 1998, he closed with a 2-under-par 68 and won a four-hole aggregate playoff against Watts, 17 strokes to 19, to cap the best season of his career. (more...)
Spicer argues against 'Made in America' protectionism - for Trump's businesses Spicer argues against 'Made in America' protectionism - for Trump's businesses
- July 18, 2017

The St. Pierre Corp.is the last major USA manufacturer of pitching horseshoes, the kind used to play the outdoor game. The senators in a letter to the White House claimed that given the meeting with Veselnitskaya, Kushner's top level of access "may pose a danger to this country". (more...)
N. Korea, China … are we afraid? N. Korea, China … are we afraid?
- July 16, 2017

China, North Korea's most important economic partner, has been increasing restrictions against North Korean activity in the country. "At least I know China tried!" In short, China's desire to expand its territory places USA allies and trading partners in harm's way. (more...)
Orioles Hope To Turn A Corner Against Cubs Orioles Hope To Turn A Corner Against Cubs
- July 16, 2017

Petersburg, Fla., on June 6, 2017. The Cubs were in need of an upgrade to steady their starting rotation, which now ranks 17th in Major League Baseball with a 4.66 ERA. In Quintana , the Cubs are getting a mainstay of the Sox's rotation. The departure of the 28-year-old Quintana leaves a giant hole in Chicago's rotation. (more...)
Popular Bridal Retailer Closes, Leaving Brides Without Dresses Popular Bridal Retailer Closes, Leaving Brides Without Dresses
- July 15, 2017

The company operates more than 60 Alfred Angelo Bridal Signature Stores in the US, and the store's gowns and dresses are also sold at more than 1,400 wholesale stores worldwide. A couple of bridesmaids I had this morning needed size sixes. Shifflett had picked out her wedding dress in March - and paid a $1,000 cash deposit toward the $1,500-plus dress and veil - and had gotten a call earlier this month that the dress was ready for alternations. (more...)
Speculation on Donald Trump visit dominates US Women's Open build up Speculation on Donald Trump visit dominates US Women's Open build up
- July 14, 2017

It already has, as Wie can attest. While waiting out a rain suspension during the second round at Thornberry Creek last week, Kerr said she wished people could "chill out" and not politicize everything. "I have my opinion and everybody is free to have their own opinion but for me, I think I'm just going to have a great week here, enjoy it and I'm excited to play the US Women's Open and not think [of] it in a political way". (more...)