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G-7 to focus on potential risks of Facebook's Libra currency
PARIS (AP) -- The Group of Seven industrialized nations are set to start a two-day financial meeting Wednesday, looking into potential risks from Face.
Jul 17, 2019 00:44 UTC Read More

Asia stocks slip amid renewed US-China trade uncertainty; Singapore exports tumble
U.S. President Donald Trump said Tuesday that Washington and Beijing have a long way to go on trade, adding that America could place tariffs on an additional…
Jul 16, 2019 23:29 UTC Read More

JPMorgan's Jamie Dimon: Economy ‘not that bad’ as bank preps for 3 rate cuts in 2019
Higher interest rates could undermine earnings at JPMorgan Chase.
Jul 16, 2019 13:27 UTC Read More

Donald Trump's bitcoin takedown signals global currency war
HSBC and ING both told clients last week that the US could be gearing up for broader intervention in global currency markets.
Jul 16, 2019 10:19 UTC Read More

US Treasury yields tick higher after strong retail sales data
U.S. government debt yields rose slightly on Tuesday after the release of stronger-than-expected economic data.
Jul 16, 2019 07:31 UTC Read More

US stock futures edge higher as investors await earnings
U.S. stock index futures ticked higher Tuesday morning ahead of earnings reports from a slew of major American companies.
Jul 16, 2019 05:57 UTC Read More

US retail sales beat expectations in June
U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the hit on the economy from…
Jul 16, 2019 05:52 UTC Read More

Sterling sags on Brexit concerns, yen under pressure:The
The pound struggled near a six-month low against the dollar on Tuesday, hampered by persistent worries over Brexit that, in turn, weighed on the euro.
Jul 16, 2019 04:49 UTC Read More

Central Bankers Are Sick of Rescuing the World Economy Alone
Global central bankers are again in the driving seat when it comes to propping up the world economy, but many are demanding governments join them in the…
Jul 16, 2019 03:59 UTC Read More

Sterling sags on Brexit concerns, weighs on euro
The pound struggled near a six-month low against the dollar on Tuesday, hampered by persistent worries over Brexit that, in turn, weighed on the euro.
Jul 16, 2019 03:47 UTC Read More

PRECIOUS-Gold little changed; U.S. retail sales data in focus
Gold prices were little changed in early Asian trade on Tuesday as investors awaited U.S. retail sales data due later in the day for further clues on policy easing…
Jul 16, 2019 01:32 UTC Read More

Cramer Remix: What to make of the inverted yield curve this earnings season
Jim Cramer discusses the inverted yield curve and Fed Chair Jerome Powell's response.
Jul 16, 2019 00:42 UTC Read More

Trump signs order to make American-made goods more American
President Donald Trump signed an executive order Monday that will require federal agencies to purchase products using more American components.
Jul 15, 2019 21:43 UTC Read More

ASX to slip ahead of Reserve Bank minutes, Wall Street crawls to record high
Australian shares are likely to fall at the open following a directionless, but record-breaking, session on Wall Street. Meanwhile, the Reserve Bank will provide…
Jul 15, 2019 21:25 UTC Read More

Has Monetary Stimulus Seen Its Best days?
Regarding George Melloan's “The Myth of Monetary Stimulus Is Unraveling” (op-ed, July 9): Another disservice the prolonged low rates have provided is to…
Jul 15, 2019 20:27 UTC Read More

Breakingviews Silicon Valley is trapped in political purgatory
(Reuters Breakingviews) - Silicon Valley finds itself trapped in political purgatory. Facebook can afford to shrug off an expected $5 billion fine over privacy, but…
Jul 15, 2019 20:27 UTC Read More

How to Stay Financially Stable When the World Might Be Falling Apart
Trade wars, climate change and slowing economic growth can mean severe trouble. So what's a long-term investor to do?
Jul 15, 2019 19:30 UTC Read More

Copperhead hiding under couch bites West Virginia man
NICHOLAS COUNTY, W. Va. (WCHS/WVAH) - A man in West Virginia was bitten by a snake that crawled under his couch showed Division of Natural Resources…
Jul 15, 2019 18:16 UTC Read More

Police: 2 dead, officer and woman hurt at Baltimore methadone clinic
BALTIMORE (AP) — Two people are dead and a police sergeant and a woman are injured following a shooting at a methadone clinic in Baltimore, police said…
Jul 15, 2019 16:33 UTC Read More

PSEi surges past 8300 on Fed, BSP easing bets
THE MAIN INDEX surged past the 8,300 mark on Monday as investors continued to bet on monetary policy easing by the US central bank. The bellwether…
Jul 15, 2019 16:09 UTC Read More

Jerome Powell is becoming central banker to the world
Federal Reserve Chairman Jerome Powell is starting to sound a bit like he's the world's central banker.
Jul 15, 2019 14:29 UTC Read More

'Carried him out in a body bag': Woman says man overdosed, died on airplane
The former California state director for the Drug Policy Alliance is calling for airlines to carry the anti-overdose drug naloxone after she says a man overdosed in…
Jul 15, 2019 13:37 UTC Read More

Texas woman says she was attacked over floats during tubing trip
NEW BRAUNFELS, Texas (KABB) — This is not how Elizabeth Rose wanted to spend her Sunday afternoon. She was walking around the Lazy L & L…
Jul 15, 2019 11:43 UTC Read More

SARB to begin easing in July – could we see 3 rate cuts before January?
Bank of America Merrill Lynch says it is pencilling in a 25 basis points cut in July, followed by two further cuts in September and then again in January -…
Jul 15, 2019 10:25 UTC Read More

Hacked Crypto Exchange Bitpoint Discovers More Millions Are Missing
After announcing a $30-million hack last week, Japan-based cryptocurrency exchange Bitpoint says it's discovered that another $2.3 million is missing. A report…
Jul 15, 2019 07:59 UTC Read More

Could Climate Change Spark a Financial Crisis? Candidates Warn Fed It’s a Risk
A few of the Democrats running for president have started warning about climate change in a way that voters rarely think about yet can profoundly affect their…
Jul 15, 2019 07:39 UTC Read More

WATCH: Why the Fed chief is concerned about Facebook's Libra
Ovex CEO Jonathan Ovadia talks to Business Day TV about the Jerome Powell's view of cryptocurrencies.
Jul 15, 2019 07:03 UTC Read More

Stocks fall slightly from records as investors cautious on upcoming earnings reports
Stocks slipped after reaching record highs on Monday as Wall Street remained cautious to start off the corporate earnings season.
Jul 15, 2019 06:28 UTC Read More

Central banks tossing grenades rather than firing bazookas Business News
HONG KONG: Central bankers readying to fight another economic downturn are tossing hand grenades rather than firing bazookas.
Jul 15, 2019 05:19 UTC Read More

The Bond Market May Be Staring at a Major Inflection Point
Fed Chairman Jerome Powell basically confirmed a rate cut is coming and yields rose. That's not good. Also, an announcement.
Jul 15, 2019 04:01 UTC Read More

What Trump's Bitcoin Tweet Changes
Let's be clear: It was not the substance of Donald Trump's tweet that made his critique of bitcoin and Libra so important last week. It should be of no surprise that…
Jul 15, 2019 03:59 UTC Read More

Central bank politicisation of growing concern
Even the US Federal Reserve and the European Central Bank are no longer immune to pressure from governments.
Jul 15, 2019 03:35 UTC Read More

Fed poised to get in first with rate cut despite market risks
The Federal Reserve looks poised to beat the European Central Bank out of the blocks with a rate cut that looks set for its next meeting on July 31.
Jul 15, 2019 01:29 UTC Read More

China second quarter GDP grows 6.2% year-on-year, in line with expectations
BEIJING (Reuters) - China is expected to report on Monday that economic growth slowed to its weakest pace in at least 27 years in the second quarter,…
Jul 14, 2019 23:20 UTC Read More

China second-quarter GDP growth set to slow to 6.2%, 27-year low, as trade war bites
China is expected to report on Monday that economic growth slowed to its weakest pace in at least 27 years in the second quarter, reinforcing the case for more…
Jul 14, 2019 23:20 UTC Read More

THE RUPEE: weak trend witnessed
The rupee depreciated against the dollar on the money market during the week, ended on July 13, 2019. The rupee dropped 40 paisas versus the dollar for…
Jul 14, 2019 23:13 UTC Read More

THE RUPEE: weak trend witnessed
The rupee depreciated against the dollar on the money market during the week, ended on July 13, 2019. The rupee dropped 40 paisas versus the dollar for…
Jul 14, 2019 23:13 UTC Read More

U.S. proposes barring big tech companies from offering financial services, digital currencies
A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for discussion by the…
Jul 14, 2019 22:05 UTC Read More

U.S. proposes barring big tech companies from offering financial services, digital currencies
A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for discussion by the…
Jul 14, 2019 22:02 UTC Read More

U.S. proposes barring big tech companies from offering financial services, digital currencies
(Reuters) - A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for…
Jul 14, 2019 22:02 UTC Read More

[email protected]: ASX set to slide at the open despite 'buy everything' mantra
The Australian sharemarket is tipped to start the week trading lower despite Wall Street reaching a *fresh* record high on Friday.
Jul 14, 2019 21:52 UTC Read More

Secret deodorant donates $529000 to US women's soccer, helps close pay gap
NEW YORK (AP) — Procter & Gamble, a sponsor of the U. S. Women's National Soccer Team, is now supporting its members' fight for equal pay. The company…
Jul 14, 2019 20:51 UTC Read More

Marching toward a debt crisis TheHill
We're marching into a fiscal crisis and few of our leaders seem to care about debt or know how to tackle it.
Jul 14, 2019 20:00 UTC Read More

Earnings season, Amazon Prime Day – What to know in the week ahead
Traders this week will have plenty to sink their teeth into, between the start to second-quarter earnings season, hearings on Facebook's controversial new…
Jul 14, 2019 15:30 UTC Read More

Pamplona festival ends with 3 gorings in final bull run
PAMPLONA, Spain (AP) — A bull broke from the pack and gored two Australians and a Spaniard during Sunday's final bull run of this year's San Fermin festival,…
Jul 14, 2019 14:27 UTC Read More

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