learningandfinance.com

Business

U.S. stocks rally after Yellen's speech

That could help banks recover from a long slump by making lending more profitable. The Dow Jones industrial average (.DJI) ended up 107.59 points, or 0.58 percent, at 18,502.99. "The Fed seems to see a lot more strength than investors have". Wall Street stocks were 0.4 percent higher in early trading. Odds are almost 65 percent the central bank will act by the end of the year.

Business

Hollywood's Gene Wilder Comedian Actor Passed Away At The Age of 83

It is said that he died of complications arising from the disease, as reported by Variety .com. They were married in 1984, and co-starred in two Wilder-penned films: “The Lady in Red” and “Haunted Honeymoon.”. The actor died at his home in Stamford, Connecticut. RIP Gene Wilder - you were one of the great ones. The Chaplin film “City Lights, ” he said, had “made the biggest impression on me as an actor; it was amusing, then sad, then both at the same time.”.

Business

New FAA Drone Rules Now In Effect

After you pass the test, you must complete an FAA Airman Certificate and/or Rating Application to receive your remote pilot certificate. The first exam was available at 8 a.m. You must keep the drone in your line of sight and cannot fly over anyone who is not directly participating in the operation. "Numerous most promising UAS uses require safe operation near and over people that might not be involved with the flight".

Business

Apple to show off new offerings on Sept. 7

The iPhone 7 , if reports are to be believed, will be up for pre-orders on September 9 and it could be in stores by September 16. We will have more details about Apple's new iPhones when they are made official at Apple's press event next week.

Business

Mortgage approvals slide to 18-month low

Consumer credit, which includes credit cards and personal loans, rose 1.181 billion pounds last month, the weakest increase since August 2015, taking the annual growth down to 10.1 per cent from 10.3 per cent. "On the one hand, this may make people more cautious over borrowing, but.it may increase the need for some people to borrow". The new information though is the expenditure-based breakdown, which shows that acceleration in private consumption, to 0.9 percent q/q, as compared to 0.7 ...

Business

Yellen's Jackson Hole Remarks Make U.S. Rate Hike More Likely

Yields on government bonds fell. Dr Yellen did not indicate when the USA central bank might raise rates, but her comments reinforced the view that such a move could come later this year. In overseas markets, Britain's FTSE 100 rose 0.3 per cent, Germany's DAX gained 0.6 per cent and France's CAC 40 climbed 0.8 per cent. MSCI's broadest index of Asia-Pacific shares outside Japan.MIAPJ0000PUS extended losses to 1 percent.

Business

Death of former Fine Gael deputy leader and Cork TD Peter Barry

Mr Kenny said Mr Barry had given "outstanding service to his country and his native city". Former Tanaiste, minister and Fine Gael deputy leader Peter Barry has passed away. He served as a TD for Cork for nearly 30 years, and held many Cabinet roles - including transport, education and the environment. Mr Barry, a wealthy businessman as well as a shrewd political dealmaker credited with a key role in Anglo-Irish relations during the Troubles, died on Friday aged 88.

Business

Victoria has banned fracking and coal seam gas

In what is a national first, the Government says the permanent legislative ban will protect the "clean, green" reputation of Victoria's agricultural sector. just days after the COAG Energy Council confirmed the urgent need to develop new gas supply to prevent a looming shortfall". "The Andrews government has shown us today that they are unwilling to risk Victoria's strong agriculture and tourism economy", she said.

Business

Pharmaceutical giant Mylan fields criticism after announcing plans for generic EpiPen

Requests for comment from Mylan Pharmaceuticals were not immediately returned. CEO Heather Bresch has defended EpiPen's high price, saying Mylan had spent hundreds of millions of dollars improving the product since acquiring it from Germany's Merck.

Business

The Floor Is Lava In Klei's First 3D Game

Hot Lava is played from the first-person perspective, and just like the childhood game that inspired it, Hot Lava tasks players with avoiding the molten lava that has covered the ground. There's not another indie studio around that outputs games as diverse as Klei does. There's no release date yet for Hot Lava , but we'll let you know more about Beta access and when you can get your hands on it as soon as we hear more.

Business

Dana White UFC 202 Post-Fight Interview

Even when the judges decision was announced you still didn't know how it was going to shake out and either man could have a claim to the victory at UFC 202 in Vegas. "We're going for three". McGregor forced the action early, landing multiple leg kicks to Diaz's lead leg and a straight left that knocked Diaz down.

Business

U.S. stock market opens higher with strong data

Futures on the Dow Jones Industrial Average (DJIA ) are about 16 points above fair value. Financials, a sector that has underperformed most of the year, was the best performer on the S&P 500, with Wells Fargo up 2.2 per cent. On the Dow, Dupont led gainers up 1.2 percent, while Nike (Sao Paolo: NIKE34F.SA - news ) was the top loser, off 0.6 percent. ENERGY: Benchmark U.S.

Business

Asian stocks mostly higher on hopes for higher US rates

KEEPING SCORE: The Dow Jones industrial average rose 72 points, or 0.4 percent, to 18,467 as of 10:09 a.m. The core year-in-year rate is expected to edge lower to 1.5 percent in July from 1.6 percent in the prior month. OVERSEAS: France's CAC 40 lost 0.4 per cent and Germany's DAX fell 0.4 per cent. The Yen underperformed in otherwise quiet overnight trade as Japan's benchmark Nikkei 225 stock index advanced, sapping demand for the anti-risk currency.

Business

Investigation finds Samarco dam failed due to liquefaction

BHP Billiton Ltd. said it will centralize dam management and apply the industry's most rigorous evaluation process at its mines following a company review in the wake of a disaster previous year in Brazil. This weight pushed clay-like silt in one part of the dam outwards "like toothpaste from a tube", ultimately causing the dam to collapse. The report also noted that a small natural disaster earlier that day may have "accelerated" the failure of the dam.

Business

Asia stocks bounce, dollar dips on Fed hike doubts

Stocks in South Korea and Australia both rose around 0.6 per cent. "Fed chief Yellen made it very clear during her speech in Jackson Hole last week that the timing of the next rate hike will very much depend on the strength of the economic data in the coming weeks", said Markus Huber, trader at City of London Markets .

Business

Almost 2.2 million TB cases reported in India, says report

Despite the efforts of India's national TB programme , hundreds of thousands of cases also go undiagnosed each year, while the spread of drug-resistant strains of TB is a key concern. Private sector patients usually do not receive much counselling. As patients feel better within a couple of weeks they often stop taking the medication in between.

Business

Case for rate hike has strengthened: Yellen

Crude oil prices increased as Yellen's speech began. "September is certainly on the table, a possibility, and being considered", said Laura Rosner, senior USA economist at BNP Paribas in NY. Gross domestic product, the value of all goods and services produced, rose at a 1.1 percent annualized rate, down from an initial estimate of 1.2 percent, the report showed.

Business

US, EU Free Trade (TTIP) Talks Have Failed

Asked Monday to comment on Gabriel's remarks, Margaritis Schinas , chief spokesperson for the EU's executive body, the European Commission, told reporters that "although trade talks take time, the ball is rolling right now", and that the EU-U.S.

Business

Oil prices sink in Asia on strong dollar, output fears

The price for Brent crude oil has increased about 10 percent since Saudi Arabian Oil Minister Khalid al-Falih said "if there is a need to take any action to help the market rebalance", ministers meeting next month in Algeria would follow through with agreements.

Business

Beyonce the new queen of MTV

Mark it - August 29, 2016, was Beyoncé's night. But Blue Ivy still managed to steal the limelight, with one fan commenting: "Forget everything, Blue Ivy is a real life princess". Beyonce's four-year-old daughter was equally as stunning and elegant as mom, wearing a couture Mischka Aoki dress, which retails for just under $11,000 (£8,400) at NY department store Bergdorf Goodman.

Business

Drake professed his love for Rihanna during VMAs

Drake won best hip hop video for " Hotline Bling " and Calvin Harris won best male video for " This is What You Came For " and electronic video for "How Deep Is Your Love". It's my family, my fans, my country ... it's women, it's black women". With headlining performances by Beyonce, Rihanna and Britney Spears, this year's VMAs mark a low for ratings on the main network, as well.

Business

Inflation leaves no room for rate cuts, says Rajan

The Reserve Bank of India (RBI) will train its focus on "mis-selling" of insurance products by banks to their customers and also see whether new regulations are needed for protection of banking customers, Governor Raghuram Rajan said. The RBI also said that industrial activity has been in contraction mode in the early months of 2016-17, pulled down by manufacturing and there seems to be no strong drivers that could engineer a turnaround.

Business

Alphabet executive steps down from Uber board amid growing competition

Its former CEO Eric Schmidt famously had to step down from Apple's board after it became obvious that Google Android would become Apple's biggest competitor to the iPhone. The move comes as Uber and Google increasingly compete for resources, talent and partnerships in the self-driving vehicle space. The two companies compete in package and food delivery as well, including the UberRush courier service and Google Express same-day delivery from stores.

Business

The US will reach its Syrian refugee goal on Monday

Syrian children in a refugee camp in Jordan. "Refugees are the most thoroughly screened category of traveler to the United States, and Syrian refugees are subject to even greater scrutiny". "State legislatures have proposed laws to bar refugees, but state governors have no legal authority to halt federal immigration programs". Donald Trump has criticized President Obama's resettlement program as a national security threat.

Business

Apple sends out invites for iPhone 7 launch event

September 7 will be a date to remember for hardcore Apple fanatics anticipating the next iPhone 7 along with a host of new features. Some rumours also suggest that iPhone could be dropping the iconic home button and replacing it with a touch capacitive button , which might not go down well with iPhone users.

Business

Team USA Wins Third Straight Gold Medal

DeMarcus Cousins added 13 points and 15 rebounds in the title match, the U.S. cruising to the basketball gold for the 15th time. Kyle Lowry led Team with five assists. They only failed to take the title three times, to the Soviet Union in the 1972 Munich Games and at Seoul in 1988, where they wound up third, just like in Athens, when Argentina won the gold.

Business

Beyonce dominates an Olympic-sized VMA awards

He said: "I am Kanye West and it feels really great to say that - especially this year". As the feud raged on the couple's relationship seemed beyond fix, yet Sunday night's VMA appeared to truly show their rows are in the past as they chatted closely and fondly to one another.

Business

Urjit Patel a terrific choice as RBI governor: Jagdish Bhagwati

Mr Patel, who joined the RBI as deputy governor on January 11, 2013, was given a second term in January this year after his three-year term expired. Later, he was on deputation (1996-1997) from the International Monetary Fund to the Reserve Bank of India, before becoming a Consultant (1998- 2001) to the Ministry of Finance.

Business

Immigration rules can be softened, says Donald Trump

Trump often says Clinton doesn't look like a typical president. And yet the very next words out of Trump's mouth were: "But, so, we're going to follow the laws of this country". Trump was set to deliver a major speech on illegal immigration this week, but his campaign made a decision to postpone the address as it continues to craft its policy and the language to deliver it.

Business

Hanjin Shipping's creditors hint the shipper to head to court

Local banks' credit exposure to Hanjin is estimated at 1.02 trillion won (US$915 million), but they have already set aside sufficient provisions against the loans. Shipping lines worldwide have been forced to sell assets, cut jobs and idle some operations to improve their financials and stem losses as years of slowing trade and overcapacity erode freight rates.

Business

Trump Dramatically Increases Ads In Battleground States, Outspends Hillary

Speaking on CNN earlier Monday, former Michigan Gov. Jennifer Granholm, who was recently named as a co-chair of Clinton's transition team, suggested that her campaign might rely on more than one person to play Trump in their debate prep. Clinton's allies have floated several options: Rep. Joseph Crowley of NY, who is from Queens, Trump's home borough; James Carville, Bill Clinton's chief strategist in 1992, who has a gift for lacerating banter; or Mark Cuban, another billionaire businessman.

Business

Trump Dramatically Increases Ads In Battleground States, Outspends Hillary

Speaking on CNN earlier Monday, former Michigan Gov. Jennifer Granholm, who was recently named as a co-chair of Clinton's transition team, suggested that her campaign might rely on more than one person to play Trump in their debate prep. Clinton's allies have floated several options: Rep. Joseph Crowley of NY, who is from Queens, Trump's home borough; James Carville, Bill Clinton's chief strategist in 1992, who has a gift for lacerating banter; or Mark Cuban, another billionaire businessman.

Business

European stocks lower after Fed hike comments; oil slides

The Dow Jones Industrial Average gained 0.6 percent and the S&P 500 0.5 percent, with the banking sector strong on expectations that higher rates from the Fed will boost their lending margins. Higher interest rates could push the dollar higher against other currencies, making oil products more expensive for oil traders who use a different currency.

Business

Asia stocks bounce as investors second-guess Fed again

She gave no timeframe during her speech at the annual Jackson Hole symposium of global central bankers, but Fed vice chairman Stanley Fischer later said September was a possibility. Fed's Regional Bank Boards too backed a discount-rate increase, a clear indication that they favor a change in the main policy rate. The dollar likewise ebbed to 101.82 yen JPY= from a peak of 102.39, while the euro steadied at $1.1184 EUR=.


Begin ← Back 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 927 928 929 930 931 932 933 934 935 936 937 938 939 940 941 942 943 944 945 946 947 948 949 950 951 952 953 954 955 956 957 958 959 960 961 962 963 964 965 966 967 968 969 970 971 972 973 974 975 976 977 978 979 980 981 982 983 984 985 986 987 988 989 990 991 992 993 994 995 996 997 998 999 1000 1001 1002 1003 1004 1005 1006 1007 1008 1009 1010 1011 1012 1013 1014 1015 1016 1017 1018 1019 1020 1021 1022 1023 1024 1025 1026 1027 1028 1029 1030 1031 1032 1033 1034 1035 1036 1037 1038 1039 1040 1041 1042 Forward → End