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Supply shortage pushes United Kingdom house prices up in October

Demand for residential property in the United Kingdom rose for the second consecutive month in October, the survey showed, propping up prices. As the market recovers after the shock vote to leave the European Union in June, agreed sales rose slightly last month, with a balance of 5% of surveyors seeing an increase.

Business

US stocks gain following Trump victory; bond prices tumble

At that point markets began to react. Asian shares rallied Thursday, extending a surprising global recovery as Donald Trump's conciliatory acceptance speech comments helped soothe world financial markets spooked by his unexpected USA election victory.

Business

Big victories for legal pot, but path ahead is uncertain

Cannabis stocks listed on the Nasdaq continued to rally on Wednesday after voters ended prohibition and approved the recreational use of marijuana in California , Massachusetts , Maine and Nevada while Arkansas , Florida and North Dakota adopted medical marijuana laws.

Business

Vancouver's empty homes tax will be 1% of property's value

The mayor said the tax, if approved by city council, would be one per cent of an empty home's assessed value, which would amount to $10,000 on a $1 million residence. If approved, the tax would go into effect January 1, 2017 and the first payments would be due the following year. The city expects that instituting the tax will boost the supply of homes available for lease to the point that the vacancy rate increases to about 3.5 percent from 0.6 percent now.

Business

Colossal Sinkhole Swallows Japanese Street Because Everything Is Fine Okay

Fukuoka, Japan ( CNN ) - A enormous sinkhole has opened in Japan, swallowing huge sections of road including traffic lights, near underground work to extend a subway tunnel. Local emergency crews responded immediately and surrounded the gaping hole, which was partially filled with water. This is also not the first time the city has suffered the effects of a sinkhole, as a similar one also occurred in 2014.

Business

Preparations underway for Clinton rally at Independence Hall

He said the American people will give one more chance to form a more ideal union tomorrow. Hillary Clinton got some help from "the Boss" on the final day before the presidential election. The Clinton campaign made Philadelphia a priority in the final days of the campaign. So after Election Day is over, and after all the votes are counted, let's keep in mind to take a cue from our current President Barack Obama and do not forget to reach out to our friends, offer them a hand, and give ...

Business

Republicans retain control of WI Senate

They also held on to both the House and the Senate. The magnitude of the GOP's down-ballot victories was stunning. Florida - Republican Marco Rubio, the failed presidential contender, faces Democratic Representative Patrick Murphy, 43. Those who distanced themselves from the GOP nominee, meanwhile, were faltering. GOP Senate President Michael Thibodeau said it's the first time since 1980 that Republicans have held the majority in the state Senate in consecutive legislative sessions.

Business

Death penalty repeal effort fails again in California

Prop. 60 condoms in porn: This measure also creates new licensing requirements, as well as testing, vaccinations and medical exams of performers. And since Proposition 61 does not force drug makers to alter their prices - it only stipulates that the state not pay more than the VA price - independent analysts said it's unclear whether California would save significant money.

Business

Trump focused on unity, no Clinton prosecutor talk

After it became apparent that the reality-star-turned-politician was elected the 45th president of the United States, Conway said she received a call from Clinton aide Huma Abedin, letting her know that the former secretary of state wanted to talk to Trump.

Business

Trump victory increases uncertainties for global economy

A sizeable amount of wood furniture also comes from our North American neighbors Mexico and Canada, both of which were the third and fourth most important worldwide source countries. "Pro-growth, lower taxes, fiscal stimulus-infrastructure agenda are good for lenders", Schorr wrote , adding that a Federal Reserve decision to raise interest rates was "still in play" and would be "good for banks".

Business

Oil prices tumble as Trump pulls ahead in close USA election

OPEC's chief warned of prolonged instability in the oil market if the producer group and other major crude suppliers fail to act jointly to limit output and curb a global glut. Russia , the world's largest energy producer, pumped at a post-Soviet record of 11.2 million barrels a day last month. Moreover, since the September meeting, contention among OPEC members has risen as some producer nations asked to be exempt from the deal.

Business

Thousands join anti-Trump protests around country

Among the demonstrators' chief complaints: what they perceive as Trump's racist and misogynistic rhetoric while campaigning for the presidency. "It's not the first time we've had a walkout". The only major violence was reported in Oakland, California , during a protest that began shortly before midnight and lasted into early Wednesday morning.

Business

Clinton 'is guilty and everyone knows it' says Trump

Regionally, Clinton continues to dominate in Philadelphia and the rest of the southeast, while Trump outperforms her in the rest of the state. - A Donald Trump rally scheduled for Sunday night in Virginia didn't start until early Monday morning after the GOP nominee took the stage almost three hours late.

Business

Clinton, Trump make their closing arguments

She was on track to win 303 votes in the electoral college to Trump's 235, clearing the 270 needed for victory. The latest Reuters/Ipsos poll showed Clinton with a five percentage point lead over the NY businessman nationally - 44 percent to 39 percent support - while races in the swing states of Florida and North Carolina shifted from favouring Clinton to being too close to call.

Business

Thousands march in Chicago to protest Trump

Some critics have said that Sanders would have been a stronger candidate against Trump that Clinton because he understood that working-class anger. Smaller protests sprung up at in Santa Cruz, Irvine and San Diego . Demonstrators vandalized the driver's SUV before officers intervened. It was not immediately clear who struck the woman or why. But not all of California was upset by a Trump win.

Business

Mexican peso tumbles to all-time low

In early European trade London fell 1.9 percent, Paris lost 2.8 percent and Frankfurt dived 2.9 percent. Futures on the Dow Jones Industrial Average falling 792 points, or over 5.1%. Mexico is expected to suffer if Mr Trump is elected, because of his pledges to build a wall along the USA border with the country and renegotiate the two nations' trade agreement.

Business

China: 49 officials jailed over Tianjin blast that killed 173 people

A series of explosions on August 12 previous year ripped through a warehouse of Ruihai Logistics in Tianjin Port, leaving 165 people dead, eight missing, and 798 injured. "Management was chaotic, and safety problems persisted". Eleven people with a safety evaluation company that provided Ruihai Logistics counterfeit safety reports were also jailed, Xinhua reported.

Business

Prescription drug pricing measure trails in early returns

About 51 percent of more than 3 million votes were in favor of reform. After arguing for decades that the death penalty is immoral and disproportionately affects racial minorities, proponents for abolishing it turned this year to making an economic case.

Business

Earthquake Shakes Oklahoma Oil Storage Hub

When they felt the tremors, residents of a central Oklahoma city could tell the natural disaster that struck at 7:44 p.m. Sunday was a big one. Though the quake seemed to hit hardest in downtown Cushing - where 16 blocks were cordoned off and 40 to 50 buildings were substantially damaged- even the new Cushing Public Safety Center housing police and firefighters, which opened just three years ago on Highway 33, was damaged.

Business

Obama says he's heartened by Trump's call for unity

Donald Trump will visit the White House Thursday, at Obama's invitation, to begin that transition process. On day one of a Trump presidency, he would be able to begin the process of unwinding any number of Obama's orders, including: mandating higher emissions standards, shielding children of illegal immigrants from deportation; giving higher wages for government contractors; and outlawing the use of torture by United States intelligence officials.

Business

Wage growth surges as economy notches solid job gains

Appearing in New Hampshire, Trump disputed the accuracy of the results and called them "an absolute disaster". "Far too many Americans are still looking for work or have given up on seeking a job". That would be slightly better than September's gain of 156,000 jobs and a 5% unemployment rate. All of this is happening against a backdrop of an increasing labor force participation rate .

Business

Why CVS Health Corp Stock Is Falling Today

Over the past five trading sessions shares of CVS Health Corporation (NYSE: CVS ) are -11.89%; -14.9% for the month; -23.91% for the last quarter; -28.75% for the past six-months; and -23.6% for the last 12 months.The current price is staying below the SMA lines which signify weakens and is generally unhealthy/negative and may provide the momentum for driving the share price lower.

Business

Mexico says paying for Trump wall "not part of our vision"

But more reflection and analysis usually provides a little more balance". "The reality is the President doesn't dominate everything and we are still going to have a fairly split and divided Congress because even though the Republicans technically have control of the House and the Senate, they don't have strong control", said Jason Pride, Director of Investment Strategy at Glenmede in Philadelphia.

Business

Clinton and Trump make final election visits to battleground states

The FBI said on Sunday it still believed no charges were warranted against Democrat Hillary Clinton after finishing its review of newly discovered emails related to her private server, lifting a cloud over her presidential campaign two days before the US election.

Business

Voter Turnout 'Explodes' Among Blacks, Hispanics in US

That comes to almost 40 percent of all ballots in a presidential election expected to have high turnout overall due to intense public interest. "I think if Secretary Clinton does win this election, and we expect her to do so, it will in part be because of enormous turnout in the Latino community but also the Asian American community".

Business

Voter Turnout 'Explodes' Among Blacks, Hispanics in US

That comes to almost 40 percent of all ballots in a presidential election expected to have high turnout overall due to intense public interest. "I think if Secretary Clinton does win this election, and we expect her to do so, it will in part be because of enormous turnout in the Latino community but also the Asian American community".

Business

Snowflakes, Santa Are Back on Starbucks Holiday Cups

The coffee retailer on Wednesday unveiled its line of 13 new customer-designed holiday cups. So, this year Starbucks has 13 cups designs including Christmas lights, candy canes, snowflakes and a reindeer. The outcry over 2015's plainer red cup grew after now President-elect Donald Trump suggested boycotting the chain. "It's just a cup", he joked. The 13 new cups are all inspired from actual photos that customers posted of designs they drew on the blank red cups a year ago (see, the red cups ...

Business

Prospect of Trump presidency unnerves companies, economists

Additionally, Trump has proposed a law barring government officials from lobbying the government within five years of their service and prohibiting lobbying by those officials on behalf of foreign governments. However, such assessments, which focus exclusively on Chinese benefits, don't take into account the complex nature of U.S. "We expect lack of clarity around Trump's policies - from feasibility to prioritization - will likely weigh on sentiment and pressure already muted business ...

Business

Canada open to renegotiating free trade with Trump

He says he'll shred President Barack Obama's greenhouse-gas policies, and gut the U.S. Environmental Protection Agency. In a statement Wednesday morning, Trudeau expressed a desire to work closely with the president-elect. The island of Cape Breton in Nova Scotia on Canada's east coast welcomed Americans under the slogan, "Cape Breton if Donald Trump wins". If he's serious about proceeding, it could be a bit of welcome news for the Canadian government.

Business

TransCanada Says It Remains Fully Committed to Building Keystone XL

TransCanada officials said Wednesday they hope a Trump administration will be more open than President Barack Obama to allowing construction of the 1,179-mile northern leg of its Keystone pipeline network from Hardisty, Alberta, to Steele City in Nebraska near the Kansas border.

Business

Money changers stop handling rupee notes

The government will shortly be issuing new 500- and 2,000-rupee notes, the prime minister said. Though supporting the demonetisation move, Chidambaram said how the government implemented its decision will decide whether it is a wise one or not.

Business

Cempra Antibiotic Approval Still in Doubt Even With Positive FDA Panel Vote

Cempra Inc (NASDAQ: CEMP ) shares ended last trading session at the price of $5.90 whereas a number of traders indicating mean target price will hit $17.63 over the next twelve months, mean value of price target most recently revised on 11/7/16.

Business

Yahoo details that hackers may have planted software "cookies" for access accounts

Yahoo announced the breach in September, saying it affected at least 500 million customers. "An Independent Committee of the Board, advised by independent counsel and a forensic expert, is investigating, among other things, the scope of knowledge within the Company in 2014 and thereafter regarding this access.", the company said in the filing Wednesday.

Business

Democrats devastated at state level in 2016 elections

Clinton racked up a big win Tuesday in her home state, taking home 59 percent of the statewide vote while losing the national race to fellow New Yorker Donald Trump. The Senate was in Republican hands, 54 to 46 and was in for slipping into Democratic control, but the Democrats have so far gained just one seat, and Republicans hung on to some key seats in the battleground states of Pennsylvania , North Carolina and Wisconsin .

Business

Zacks Earnings Estimates: Pfizer, Inc. (NYSE:PFE)

The stock transaction by Mr. Albert - was dated on 07/11/2016 and revealed in a SEC's filing available here. Pfizer has a 1-year low of $28.25 and a 1-year high of $37.39. BlackRock Fund Advisors increased its position in shares of Pfizer by 2.7% in the third quarter. Wellington Management Group LLP increased its position in shares of Pfizer by 5.0% in the first quarter.


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