Economy

Fed holds interest rates steady, dismisses first quarter slump as 'transitory'

However, another rate hike could be around the corner. Traders reacted by increasing the probability of a rate rise next month. The jobless rate has fallen to a level officials see as consistent w...

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Nordic American Tankers Limited (NYSE:NAT) Sees Unusual Volume Mid-Session

Credit Suisse Group AG started coverage on shares of Nordic American Tanker in a research note on Friday, January 13th. Analysts have a mean recommendation of 2.00 on this stock (A rating of less th...

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PM May's Conservatives hold 17 point lead in United Kingdom election race

MANCHESTER, England Jeremy Corbyn vowed to carry on leading Britain's opposition Labour Party if he loses a national election on June 8, defying polls showing he is on course for defeat and concerns f...

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Europe breathes sigh of relief after Macron victory in France

Europe breathes sigh of relief after Macron victory in France

Macron became a candidate for the presidency only in November without any party machine, with virtually no political experience or a clear agenda. For many in France, Emmanuel Macron's decisive vi...

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A huge tax cut for guys like me

Berkshire is Wells Fargo's biggest shareholder. In October, Chief Executive Officer John Stumpf resigned after being hauled in front of Congress to testify on why the lender opened accounts without cu...

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Portmeirion Group PLC (PMP) Rating Reiterated by Panmure Gordon

About shares traded. Innospec Inc. 4imprint Group plc (LON:FOUR) has risen 8.63% since October 6, 2016 and is uptrending. It has underperformed by 7.89% the S&P500. Numis Securities has "Reduce" ratin...

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Forex New - Dollar rises after hawkish FOMC; rates unchanged as expected

United States central bankers were unusually explicit in their statement , indicating that a disappointing first quarter, in which the economy grew at an annualised rate of 0.7 per cent, would not k...

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Target testing a restocking program for household essentials

Target testing a restocking program for household essentials

According to a notice posted on the corporate website today (8 May), the pilot service will be called " Target Restock ". The company says in a news release that when the service launches in the sum...

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After their late, late show, Cubs, Yankees back at it again

With the game going 18 innings, you'd think there would be a few more records set ... and you would be correct. Eight more scoreless innings followed, before Hicks was able to get on the board thank...

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Congress grilling United over Dao; CEO Munoz apologizing

Congress grilling United over Dao; CEO Munoz apologizing

The United Airlines chief executive, Oscar Munoz , has told a congressional committee that an incident in which a passenger was forcibly removed from a flight, prompting a blizzard of bad publicity, ...

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IPhone sales slump in Q2, but Apple is still raking it in

Furthermore, Apple continues to lose ground in Chinese markets, as sales declined by 14% to $10.73 billion over the same period a year ago. Despite the falling iPhone sales, Apple reported a...

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Trump administration seeks to convince judges to revive travel ban

Trump administration seeks to convince judges to revive travel ban

At a Congressional hearing for the Senate judiciary subcommittee, which is investigating Russian interference in United States elections, Senator Ted Cruz, a Republican, read to Yates a federal statut...

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Sage of Omaha Warren Buffett eyeing benefits of Trump tax cut

He said the current 35 percent corporate tax rate was "not much" of a competitive disadvantage for USA companies, despite Trump's push to slash it to 15 percent. "Forty percent of the benefit of those...

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Jobs Report Shows Slight Improvement for Legal Employment in April

Growth and employment prospects in the U.S. have been much better than in Europe, the other major advanced economic bloc. Meanwhile, employment in Canada as a whole grew by only 3,200 jobs last mont...

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Another Promise Dead: Trump Won't Back Out of NAFTA

Another Promise Dead: Trump Won't Back Out of NAFTA

Constant contact between Canadian and American legislators is one reason U.S. President Donald Trump this week backed off plans to scrap the North American Free Trade Agreement (NAFTA). "I like both...

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China's C919 airliner gets set to challenge Airbus and Boeing

Commercial Aircraft Corp. of China, the state-owned company behind the plane, said 21 customers had placed orders for more than 500 planes by the end of 2016, and it expected sales to exceed 2,000, st...

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Oil prices slide below $45 per barrel

U.S. West Texas Intermediate ( WTI ) crude oil futures were trading at $44.14 per barrel at 0335 GMT, down $1.39 or 3 percent, after a more than 4 percent drop the previous session. Oil prices slumped...

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Discovery Communications Inc. (DISCK) Shares Sold by UBS Asset Management Americas Inc

Discovery Communications Inc. (DISCK) Shares Sold by UBS Asset Management Americas Inc

New acquired a new stake in Discovery Communications during the fourth quarter worth $1,454,000. 04/20/2017 - Discovery Communications, Inc. had its "hold" rating reiterated by analysts at Pivotal R...

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Delta Natural Gas Company (DGAS) Receiving Somewhat Positive News Coverage, Study Shows

Delta Natural Gas Company (DGAS) Receiving Somewhat Positive News Coverage, Study Shows

Bank of New York Mellon Corp increased its stake in shares of Delta Natural Gas Company by 3.4% in the first quarter. The business is scheduled to issue its next quarterly earnings report after the ma...

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Wells Fargo raises payout over sham accounts to $142 million

Wells Fargo raises payout over sham accounts to $142 million

Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,500 locations, 13,000 ATMs...

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The truth about corporate tax cuts

The truth about corporate tax cuts

We need to know more about how this directly impacts Trump, but this is the only one available because he has reneged on his campaign promise to release his tax returns. As presented, the plan allocat...

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Allergan's quarterly revenue rises 5.1 percent

Allergan's quarterly revenue rises 5.1 percent

Ltd. now owns 60,992 shares of the company's stock worth $14,047,000 after buying an additional 1,990 shares in the last quarter. Cypress Asset Management Inc. On average, equities analysts anticipate...

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United, airlines slammed at hearing:

United, airlines slammed at hearing: "Something is broken"

House Transportation Committee Chairman Bill Shuster, R-Pa., said carriers should use the notoriety of last month's forcible removal of a passenger to make long-needed improvements. "For our part, A...

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Putin, in telegram to France's Macron, says ready for constructive work

French President-elect Emmanuel Macron gestures during a victory celebration outside the Louvre museum in Paris , France, Sunday, May 7 , 2017. "I will fight with all my strength against the divisio...

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French president-elect Emmanuel Macron hails 'new page of our history'

Growing resentment at the European Union and fears over immigration saw her soar in the polls, but she lost to pro-European centrist Macron in the final duel for the French presidency. "We strengthen ...

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Oil prices give up earlier gains

Oil prices give up earlier gains

A third source said an extension of up to one year could be an option. OPEC will meet on May 25, when it is expected to discuss prolonging the cuts to the end of 2017, although analysts say a furt...

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Oil prices edge up in anticipation of extended crude output cut

Oil prices edge up in anticipation of extended crude output cut

Weekly U.S. data on crude production and inventories, plus monthly reports on supply and demand from the Organization of the Petroleum Exporting Countries and the U.S. "But we expect U.S. inventories ...

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Plug Power (PLUG) Stock: Takes A Dive On Earnings

Plug Power (PLUG) Stock: Takes A Dive On Earnings

The company reported the earnings of $-0.08/Share in the last quarter where the estimated EPS by analysts was $-0.06/share. Plug Power Inc . was covered by a number of analysts recently, 1 rated th...

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10 top takeaways from Warren Buffett's address to Berkshire AGM

To a pointed question on Apple, a stock on which Berkshire doubled its stake in first quarter, Buffett said he looks at Apple more as a consumer stock than a tech bet. Berkshire is known for its decen...

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The 'Oracle of Omaha' Condemns Republican Health Care Bill At Berkshire Meeting

Supreme Court's 2010 decision in the Citizens United case, which allowed unlimited independent spending by corporations and labor unions in election campaigns. "Unless I actually deliver something bey...

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