Economy

Pakistan boosts spending in election-year budget

Pakistan boosts spending in election-year budget

Finance Minister Ishaq Dar is unveiling the last budget of the Pakistan Muslim League-Nawaz (PML-N) government - a document that will have implications for the ruling party in elections next ye...

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Threat coming from North Korea entering new stage: Japan PM Shinzo Abe

Threat coming from North Korea entering new stage: Japan PM Shinzo Abe

Haley said that the United States is working with China, South Korea and Japan on a new set of sanctions against North Korea in response to its most recent ballistic missile test. The Security Counc...

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Dollar on back foot after Fed minutes, euro resumes advance

Crude prices remained subdued early on Friday after an agreement by OPEC to extend existing supply curbs disappointed many who had hoped for larger cuts. Euro zone borrowing costs also fell after wh...

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Trump tells North Atlantic Treaty Organisation leaders to spend more for defense

In January, as president-elect, he rattled many European allies by stating in an interview that NATO (North Atlantic Trade Alliance) was obsolete , and indirectly threatening allies to leave the pa...

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USA launches NAFTA 90-day renegotiation countdown

USA launches NAFTA 90-day renegotiation countdown

The Trump administration gave Congress official notice on Thursday that it wants to renegotiate NAFTA, saying there should be provisions on digital trade, intellectual property rights, labor and env...

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Argus Ups Chipotle Mexican Grill (CMG) To "Buy" from "Hold"

The Darsana Capital Partners Lp holds 115,000 shares with $43.39 million value, down from 150,000 last quarter. Parsley Energy Inc now has $9.50B valuation. Its down 0.21, from 0.85 in 2016Q3. It wors...

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Trump, G-7 peers seek deals on terrorism, trade, climate

Trump joins the leaders of France , Britain and Italy in making their G-7 debuts this year, although he met some of them already on Thursday at the North Atlantic Treaty Organisation summit in Br...

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Greg Gianforte Apologizes For Body Slamming Reporter After Winning Election

According to audio footage and witness testimony of Fox News reporters , Gianforte grabbed Jacobs by the neck, threw him to the floor, and punched him in the face, breaking his glasses and put...

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Hormel Invests $137M in New Jennie-O Processing Plant

Profit margins are at 9.40% while the operating margin stands at 13.90%. Zacks offers analysts with an Average Broker Rating (or ABR), basing it on sell-side recommendations. Kremin Donald H also s...

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Trump meeting with G-7 leaders after going on offensive

KEITH: President Trump spoke at the dedication. Speaking on a panel at the GLOBSEC Bratislava Forum in the Slovak capital, the foreign ministers of Slovakia, Hungary and Poland said they had no co...

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Conference Committee Reaches Compromise On Next State Budget

On May 24, the House gave its vote 85-0 against accepting the amendments made by the Senate . Patrick, who presides over the Senate , has said he will seek a special session if legislators do not ...

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Catholic bishops denounce a Trump budget championed by Mulvaney

Catholic bishops denounce a Trump budget championed by Mulvaney

That slight decrease adds up to more than $600 billion over 10 years. The budget proposal drives another nail in the coffin for Medicaid expansion, which was on the chopping block in the AHC...

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US Treasury chief to brief key allies on Trump policies

The senior Japanese official said pro-EU Emmanuel Macron's victory in the French presidential election was injecting optimism into G-7 discussions on the world economy and financial markets. United St...

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US Fed to 'soon' raise interest rates

A range of Fed speakers since that meeting has reaffirmed its intention to raise interest rates twice more this year. If the data come in strong thereafter, the Fed will look past this quarter of ...

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UK Labour chief says he'll end 'war on terror' if he governs

Authorities are chasing possible links between the Abedi and militants in Manchester , elsewhere in Europe, and in North Africa and the Middle East . "Many experts, including professionals in our in...

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To Stabilize the Oil Market, OPEC Refines Its Strategy

Raising US shale output won't derail OPEC's goals and a nine-month extension will "do the trick", Al-Falih said Thursday after the meeting in Vienna . But oil traders are hard to please. Even a dec...

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GOP Montana win may be blip in Democrats' anti-Trump hopes

Perhaps this comes across as even more genuine than it might otherwise have simply because Gianforte didn't pay a price at the ballot box for the incident . The better bellwether will come in just un...

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Texas Shale Producers 'Forced' OPEC Extension, Texas Oil Regulator Says

Nigerian Oil Minister Emmanuel Ibe Kachikwu said on Thursday that conceptually Nigeria was not opposed to joining OPEC production caps but would have to wait and see if production came back to accep...

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Barrick Gold Corp's (ABX)

Barrick Gold Corp's (ABX) "Outperform" Rating Reaffirmed at BMO Capital Markets

Macquarie Research upgraded the shares of ABX in report on Wednesday, August 19 to "Neutral" rating. BMO Capital Markets set a $20.00 price objective on shares of Barrick Gold Corp and gave the st...

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European Union says Trump agrees that Brexit 'an incident, not a threat'

China has promoted its commitment not just to global free trade agreements but also to the Paris climate pact, while USA allies in its sphere of influence - including the Philippines and Australia -...

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Trump asked 2 US intel chiefs to deny Russia collusion

The White House initially circulated a memo from Deputy Attorney General Rod Rosenstein criticizing Comey's conduct during the investigation into former Secretary of State Hillary Clinton's private em...

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Nigeria, Libya exempted as OPEC extends cut for nine months

The first phase of the production cuts deal was reached late a year ago to control free falling oil prices that brought a massive trade deficit for oil dependent economies. Prices pushed above $54...

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9 burnt alive in Bihar bus fire

9 burnt alive in Bihar bus fire

Superintendent of Police Kumar Ashish said that the dead comprised seven adults and a child. Reports said the driver of the bus had failed to notice the first sparks of the fire from the engine an...

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Stable gas prices expected to boost Memorial Day road trips

Stable gas prices expected to boost Memorial Day road trips

And while pump prices are up slightly from previous year at this time, USA drivers will enjoy the second-cheapest gasoline since 2005. Gasoline prices typically move higher into the long Memorial Da...

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FinnCap Boosts GB Group plc (GBG) Price Target to GBX 400

With 2.85 million avg volume, 8 days are for Truecar Incorporated (NASDAQ:TRUE)'s short sellers to cover TRUE's short positions. The SI to Trimas Corporation's float is 1.33%. Stifel Nicolaus maintain...

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U.S. economy grows at tepid 1.2%; business spending softens

U.S. economy grows at tepid 1.2%; business spending softens

The administration is counting on robust growth - which some economists say may not be realistic - to help pay for a proposed military buildup and multi-trillion-dollar tax cuts . On the bright side,...

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Manchester attack: Father, brother of Abedi arrested

Following Monday's blast, the Government has activated Operation Temperer, providing up to 3,800 troops to support the police in their security operations. The Greater Manchester Health and Social C...

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Theresa May defends U-turn on upper limit to 'dementia tax'

The Unite leader suggested winning 200 seats - nearly 30 fewer than in 2015 - would be a "successful" result for United Kingdom leader Jeremy Corbyn . The King's Fund called the plans "deeply disappo...

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Tulsa Officer Found Not Guilty in Shooting of Unarmed Terence Crutcher

Tulsa Officer Found Not Guilty in Shooting of Unarmed Terence Crutcher

Despite Shelby's explanation, the prosecuting attorney, Kevin Gray, told the court that Crutcher was not in any way being aggressive toward police and that he never pulled a gun. Crutcher's twin siste...

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GOP holds onto Montana seat, yet both parties optimistic

It was hard to determine on election night to what extent voters who cast a ballot Thursday were influenced by the altercation. Gianforte hadn't been an ardent Trump supporter when he ran for gove...

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