Money

by | May 08, 2017 | 10:38

Wage growth disappointed, but that does not line up with other labor market indicators and will be something we will continue to watch. Fed policymakers held its key interest rate steady this week but signaled that they remained on pace for two more small hikes this year , a vote of confidence for stronger economic growth.

by | May 08, 2017 | 10:34

Schwartz admitted to stealing $4.8 million from the rock singer between 2010 and 2014. Schwartz's lawyers had requested a sentence of one year and one day behind bars, with an additional year served under house arrest, but Judge Dolly Gee handed down a much harsher punishment.

by | May 08, 2017 | 10:19

China's April imports rose 11.9 percent, cooling from March's 20.3 percent rise, official data showed on Monday, and missing analysts' expectations for an 18 percent rise. Imports rose 11.9 percent to $1.4 billion, slowing from 20.4 percent growth the previous month. The surplus with the USA was $21.34 billion in April, up from $17.74 billion in March and higher than the year-ago period, according to data from China's customs bureau.

by | May 08, 2017 | 10:19

However, upon reaching her assigned seat, someone else was already occupying it. "Of course, because she speaks French she would've moved to another gate". The airline called the incident, which it just settled in a confidential lawsuit, "a awful failure", it said. Instead of spotting the error and helping Bahetoukilae find the correct aircraft, the crew member instead directed her to another seat on the same flight.

by | May 08, 2017 | 10:02

Buffett says he still believes in the long-term prospects of the bank even though Wells Fargo mishandled the scandal. In other businesses, it will depend on how much competitive pressure there is to lower prices after a tax cut. Listening to Warren Buffett never gets old to the thousands of Berkshire Hathaway shareholders filling an arena to listen to the billionaire investor at the company's annual meeting.

by | May 08, 2017 | 09:53

Oil prices have fallen further, adding to near 5% losses seen on Thursday, May 4 trading, as concerns about a worldwide supply glut resurfaced, according to BBC News. NAN reports that on December 10, 2016, OPEC won the backing of countries outside the oil cartel to join supply cuts for the first time since 2001, overcoming the final major obstacle for a global agreement to curb output.

by | May 08, 2017 | 09:51

Westpac Banking Corp posted a 3% increase in first half cash profit on lower bad debt charges and a rise in fees and commissions. Statutory net profit rose 6% to just over $3.9 billion. The benefits of our strategy are also clear in this result. "Straight-through processing is removing manual activity, freeing up our people to spend more time with customers and reducing risk", Hartzer told a briefing on the bank's half-year results.

by | May 08, 2017 | 09:40

The North has occasionally jailed U.S. citizens and released them only after visits by high-profile political figures including former president Bill Clinton. Both countries have heightened their rhetoric in recent weeks. It has carried out a series of missile launches this year and President Donald Trump has said military action against the rogue state has not been ruled out.

by | May 08, 2017 | 09:27

Berkshire Vice Chairman Charlie Munger added that he thinks neither political party "can think rationally" about health care because they "hate each other so much". Munger added: "You've got to remember railroads were a bad business for decades and decades and decades, and then they got good". Berkshire bought the BNSF railroad in 2010.

by | May 08, 2017 | 09:16

During his "State of the State" address on January 31, Gov. Greg Abbott declared legislation banning so-called "sanctuary cities" to be one of his top priorities and an emergency item, saying: "Elected officials don't get to pick and choose which laws they obey".

by | May 08, 2017 | 09:12

Ares Commercial Real Estate Corp ( NYSE:ACRE ) traded up 0.46% during midday trading on Friday, reaching $13.14. Finance Inc (NYSE:ARI) has "Underperform" rating given on Monday, April 11 by Wells Fargo. Ares Commercial Real Estate Corp (NYSE:ACRE) released its quarterly earnings data on Tuesday. Alpha One also gave news headlines about the real estate investment trust an impact score of 79 out of 100, meaning that recent news coverage is likely to have an impact on the stock's share ...

by | May 08, 2017 | 08:48

Zinke is tasked to determine if the decision to create and expand these monuments was given enough public meetings and coordination. The list includes the Berryessa Snow Mountain National Monument that President Barack Obama established in 2015 to add protection for federal land in Napa, Yolo, Solano, Lake, Colusa, Glenn and Mendocino counties.

by | May 08, 2017 | 08:44

The firm reported net sales of more than 35.7 billion dollars (£27.6bn) for the three months ending March 31, up from 29.1 billion (£22.5bn) for the same period past year. Speaking on an analyst call following the results announcement, Alphabet CEO Sundar Pichai said Google had been on a charm offensive. That figure is still better than the 39% and 32% growth respectively seen in Q4 and Q3 of past year after accounting for a change in how Google records paid clicks.

by | May 08, 2017 | 08:03

Cutting almost $1 trillion from Medicaid will give states the freedom to tailor the program to suit their needs, Health and Human Services Secretary Tom Price said Sunday, as he defended a narrowly passed House bill that aims to undo parts of the health care law enacted by the previous administration.

by | May 08, 2017 | 07:52

Opta have revealed that Liverpool have now fired 32 shots at Fraser Forster's goal over those games, none of which have found the net. For Saunders, the way Southampton played at Anfield is an approach which is killing football as a spectacle.

by | May 08, 2017 | 07:43

The Fairfax board says it's reviewing the proposal and but notes there is no certainty of it being implemented. The company's metro publishing division is now dealing with a week-long strike by journalists over proposals to shed a further 125 staff as part of a $30 million cost-reduction programme.

by | May 08, 2017 | 07:28

Despite the anemic first-quarter performance, the USA economy's prospects for the rest of the year appear solid. But he thinks consumer spending will "rebound" as personal income showed healthy growth and data suggests that consumer confidence remains high.

by | May 08, 2017 | 06:59

Trump issued a statement late Sunday to clarify an earlier statement that some interpreted as meaning the president planned to end a capital financing program that helps these institutions fix, renovate and build new facilities. Black, a law professor at the University of SC, told Politico it was an odd statement to make. "The brief, routine signing statement simply indicates that the President will interpret those provisions consistent with the Constitution".

by | May 08, 2017 | 06:43

Ryan also insisted the bill's stripping of $880 billion for Medicaid will somehow not damage anyone's coverage - an essentially impossible promise. Trump tweeted. " ObamaCare premiums and deductibles are way up - it was a lie and it is dead!" 'Why is it that the Fake News rarely reports Ocare is on its last legs and that insurance companies are fleeing for their lives? After rejection six weeks ago, the revised bill will now be passed to the Senate, although it is far from ...

by | May 08, 2017 | 06:26

The ANN segment offers feminine classics and fashion choices, sold primarily under the Ann Taylor and LOFT brands. The Midas Management Corp holds 18,150 shares with $754,000 value, down from 82,650 last quarter. (NASDAQ:ASNA) ended its day at $3.91 with the rising stream of -2.98% and its total traded volume was 1.87 million shares less than the average volume.

by | May 08, 2017 | 06:19

Never threatened down the stretch, the co-favorite won with a time of 2:03.59 before a crowd of some 170,000 that packed the grandstands and infield of Churchill Downs on a day that alternated between sunshine and rain. State of Honor slipped all the way to the back, and Lookin at Lee finished in second two and three-four lengths behind the victor. The connections of several of those defeated in the Derby are considering another try in the Preakness.

by | May 08, 2017 | 06:16

It showed that the economy barely expanded, growing at an annual rate of 0.7 percent. Analysts' estimates indicate just 2.2 percent to 2.3 percent annual growth through 2019, a tad above the average pace during the nearly eight-year expansion.

by | May 08, 2017 | 06:11

It says the "recently uncovered" plot was hatched in 2014 by the CIA and South Korea's National Intelligence Agency-" hotbed of evils in the world "-who had bribed and "ideologically corrupted" a North Korean citizen". The North Korean statement comes during a period of tension on the Korean Peninsula over concerns that the North is preparing another nuclear test or missile launch, including a possible test of an intercontinental ballistic missile.

by | May 08, 2017 | 06:03

The current value of the RSI is 26.42 that is in oversold range. The company's 50 day moving average price is $0.08 and its 200-day moving average price is $0.90. The stock now has Monthly Volatility of 11.27% and Weekly Volatility of 6.17%. The Return on Equity ratio of Delcath Systems, Inc. 18, 2016. Meanwhile, due to a recent pullback which led to a fall of nearly -10.1% in the past one month, the stock price is now with underperforming -38.57% so far on the year - still in weak zone.

by | May 08, 2017 | 05:55

The implication of the largely unchanged statement is that a June rate hike is still very much on-the-cards. According to the Fed, near-term risks to the economy are "roughly balanced", meaning extended weakness is possible. The Committee expects that economic conditions will evolve in a manner that will warrant gradual increases in the federal funds rate; the federal funds rate is likely to remain, for some time, below levels that are expected to prevail in the longer run.

by | May 08, 2017 | 05:39

Japan pledged Saturday to provide US$40 million to help developing countries introduce advanced technology via the Asian Development Bank in response to increasing infrastructure needs in the Asia-Pacific region. The talks were the first between the two countries' finance chiefs since June 2015 after ties between the two Asian giants soured in recent years. The collective decision by three Northeast Asian powers assumes much significance in the wake of Trump's calls to put America's interest ...

by | May 08, 2017 | 05:18

On April 26, UK Prime Minister Theresa May held a meeting with Juncker. British ministers blasted the European Commission on Friday, accusing EU officials of trying to "bully" the United Kingdom ahead of two years of grueling negotiations.

by | May 08, 2017 | 05:13

The second and third finishers were more of a surprise than the Kentucky-bred victor. He paid $11.40 to win as the race-time co-favorite with Irish War Cry. They reacquainted as adults and struck a stronger bond as they and their wives each developed their own racing stables. So, in the paddock Saturday, Pletcher gave Velazquez a leg up on Always Dreaming , assisting his old friend just as he had 20-some years ago on an low-priced claiming horse.

by | May 08, 2017 | 05:00

The first three have to do with how taxes are collected, and the fourth concerns how much are collected. IL should benefit more than most states from corporate reforms. Nevertheless, nearly all economists doubt that the tax cuts can even come close to making up the lost revenue. Instead, they are obtained when people are able to influence their own pay setting processes, as Fuld did.

by | May 08, 2017 | 04:53

On Capitol Hill, House transportation committee chairman Bill Shuster said carriers should use the notoriety of last month's forcible removal of a passenger to make much-needed improvements. The incident ignited a debate about poor service and a lack of customer friendly policies on USA airlines. After initially blaming the passenger as "belligerent" and apologizing for "having to re-accommodate" him, Munoz apologized again and promised to change his airline's procedures.

by | May 08, 2017 | 04:54

Buffett says Wells Fargo didn't act promptly when it discovered the problem. "Our top priority is rebuilding the trust of our customers, team members, community partners, and shareholders". Berkshire Hathaway Inc BRKa.N shareholders on Saturday rejected a proposal to have the conglomerate run by Warren Buffett disclose its political contributions twice a year.

by | May 08, 2017 | 04:27

Budget analysts have estimated that 24 million could be uninsured by 2026, including 14 million by next year. Mr. Trump is expected to sign the measure. The conservatives have long sought to reduce federal budget deficits dramatically and reduce the size of government, and they see their biggest opportunity in years now that a Republican is in the White House.

by | May 08, 2017 | 04:24

From investment - passive investing was praised, to tax and the Trump healthcare package which was criticised, to the company's holdings in Wells Fargo, IBM and political donations - the hours of comment and questions covered an terrible lot.

by | May 07, 2017 | 18:32

Google said the spam campaign affected "fewer than 0.1%" of Gmail users. It encourages affected users to run its security check feature. Doing this would take the users to a "legitimate" Google sign-in screen, reported The Guardian . The fraudulent emails included what appeared to be a Google Docs link from someone the recipient knew. Because the malicious app looked legit, it essentially tricked users into trusting it with their security token, which is all that was needed to access ...

by | May 05, 2017 | 15:12

With all other things going on, Medical Properties Trust, Inc. Certain items in the first quarter included $13.6 million in charges related to debt refinancing activities; a $7.4 million gain on the sale of a hospital, and $3.7 million of acquisitions and other transaction costs.