Economy

USDA: Avoid foodborne illness on Super Bowl Sunday

USDA: Avoid foodborne illness on Super Bowl Sunday As any restaurant or food supplier knows, early February is wing season. knows this better than most as they stock up on wings at their 16 locations not just for Super Bowl Sunday, but also for Philadelphia's WIP Wing Bowl. A price surge this summer for bone-in wings sent chain restaurants and chicken companies scrambling for boneless versions. "We're really pleased that the price has come dow... [Full Article...]

Stocks plunge amid spiking Treasury yields, disappointing earnings

Stocks plunge amid spiking Treasury yields, disappointing earnings That boosted the year-on-year increase in average hourly earnings to 2.9 per cent, the largest rise since June 2009. All 30 components of the Dow Jones Industrial Average were lower and ten of the 11 major S&P sectors fell, led by the energy index's 1.83 percent decline. [Full Article...]

Stocks sink at the open as inflation worries ratchet up

Stocks sink at the open as inflation worries ratchet up More broadly, the S&P 500 index fell 2.1% at 2,761, while the Nasdaq Composite index finished down 2% at 7,240. Emerging market stocks lost 1.6 percent, for a weekly drop of 3.5 percent, the most since May 2016. Bank stocks fell the yield curve widened. Sort of like "eating your vegetables", he said. "Once again, this is "good news" for workers, but it hints that wage inflation is takin... [Full Article...]

Burning Stock on the move: United Parcel Service, Inc. (UPS)

Finally, Schwab Charles Investment Management Inc. increased its stake in shares of United Parcel Service by 5.2% in the second quarter. (NYSE: UPS ) has risen 2.10% since February 3, 2017 and is uptrending. (NYSE:UPS) has "Neutral" rating given on Friday, October 27 by UBS. As per Wednesday, December 23, the company rating was maintained by Argus Research. [Full Article...]

Hard Facts About General Electric Company (NYSE:GE)

It has underperformed by 9.07% the S&P500. Greg Boland decreased its stake in Phi Inc (PHIIK) by 2.65% based on its latest 2017Q3 regulatory filing with the SEC. El Paso Electric Company (NYSE:EE) was down -1.44% (-$0.75) to $51.45 and showed a volume of 0.22 mln shares. Burney holds 0.02% of its portfolio in Portland General Electric Company (NYSE: POR ) for 6,940 shares. [Full Article...]

Captain Best is quizzed over attending pals' trial

Captain Best is quizzed over attending pals' trial Mr Kelly asked the woman, who was 19 at the time of the alleged attack and is now 21: "Were you attracted at the time to celebrities?" Rory Harrison , 25, of Manse Road, Belfast is charged with perverting the course of justice and withholding information. [Full Article...]

Wales Women off to a winning start

Wales Women off to a winning start I worry that they lack consistency. "The way Warren and his team have been coached has been very successful, so I'd be surprised if they changed that". Under Vern Cotter, Scotland beat Ireland and Wales at home in the Six Nations past year, but failed to show up against England at Twickenham and also lost in France. [Full Article...]

Experts term Union Budget 2018 as agriculture and rural economy booster

Experts term Union Budget 2018 as agriculture and rural economy booster Yogi Adityanath, Chief Minister of Uttar Pradesh also congratulated saying, "Desh ke ghareebon, gaon, kisaano, buzurgon ko dhyaan mein rakh kar behtareen yojnaayen hain, PM ka abhinandan aur FM ko badhai". Although the intent behind extending benefit of corporate tax rate to a wider base of MSMEs, as this would leave them with higher investible surplus and this in turn will help in creating more j... [Full Article...]

Fed Lowers The Boom On Wells Fargo As Yellen Exits

Fed Lowers The Boom On Wells Fargo As Yellen Exits It is down 0.00% since February 3, 2017 and is. It has outperformed by 14.27% the S&P500. Bridges Investment Counsel Inc decreased its stake in Wells Fargo & Co Del Com (New) ( WFC ) by 58.23% based on its latest 2017Q3 regulatory filing with the SEC. [Full Article...]

Man who ran over Muslims in London convicted of murder

Man who ran over Muslims in London convicted of murder Osborne drove a van into people exiting a mosque in June, 2017. Taking the stand at Woolwich Crown Court in southeast London, Osborne claimed he had plotted with two men called Terry Jones and Dave to "plough through as many" people as possible at a pro-Palestinian march. [Full Article...]

United Arab Emirates opens world's longest zip line

United Arab Emirates opens world's longest zip line Officials from Guinness certified a brand new zip line in the United Arab Emirates as the longest run in the world. While most zip lines are over in the blink of an eye, you'll sail through the air for almost three minutes on this one, giving you ample time to drink in the views of the rocky terrain. [Full Article...]

Salaried-class Feel Utterly Left Out of FM Arun Jaitley's Budget Speech

Salaried-class Feel Utterly Left Out of FM Arun Jaitley's Budget Speech At the same time, he taxed the rich by introducing a 10 per cent long-term capital gains tax on stock market gains above Rs 1 lakh, which will result in tax revenue of Rs 20,000 crores in 2018-19 and Rs 40,000 crores the next year. The government's decision to demonetise high value currency notes previous year also hit farmers as it led to a cash shortage in a cash economy. Finance Minister Ar... [Full Article...]

Bangladesh bat after Sri Lanka declare

Bangladesh bat after Sri Lanka declare Left-arm spinner Taijul Islam claimed the wicket of Chandimal for 87 with a straight delivery in the first over after lunch. Silva was dismissed trying to cut offspinner Mehidy Hasan (3-174) in the 156th over to end a 135-run partnership with Chandimal. [Full Article...]

Do you have to pay Long Term Capital Gains Tax?

Do you have to pay Long Term Capital Gains Tax? While this move will enable the government to collect tax on sale of securities of listed entity, there are two important aspects on sale of securities which the government failed to consider including non-levy of the securities transaction tax (which was introduced in the finance Budget of 2004 in lieu of the tax on long term capital gain), and making available the indexation benefit on securit... [Full Article...]

Woman breaks down telling court she was 'raped by rugby players'

Woman breaks down telling court she was 'raped by rugby players' In the recording, the woman broke down a number of times as she recalled to officers how she was allegedly raped. "The night ended, we say, with the first two defendants engaging in sexual activity with that young woman against her wishes, as they well knew or as they simply were not interested in considering". [Full Article...]

Dow sinks by 500 points after week of losses

The index's five-day rout reached 3.9 percent - marking its first pullback of at least that much in a record 404 days. The Dow Jones industrial average dropped 500 points, or 2 percent, as a weeklong slump in stock market picks up speed. [Full Article...]

Amazon, Berkshire Hathaway and JPMorgan Team Up to Disrupt Health Care

Amazon, Berkshire Hathaway and JPMorgan Team Up to Disrupt Health Care The Seattle-based company announced in January that Nashville was among 20 cities being considered for the facility that will employ about 50,000 people. "Success is going to require talented experts, a beginner's mind, and a long-term orientation". One of the major arguments against Obamacare was that employers would terminate coverage and leave coverage to the new federal plan. [Full Article...]

Exxon Dissappoints With Q4 Earnings

Exxon Dissappoints With Q4 Earnings Cowen & Co has "Buy" rating and $100.0 target. Sidoti upgraded Goldcorp Inc. Vetr has "Strong-Buy" rating and $86.25 target. $88,253 worth of stock was sold by REINEMUND STEVEN on Friday, August 4. Therefore 38% are positive. UBS Group set a $83.00 target price on Exxon Mobil and gave the company a neutral rating in a report on Monday, December 4th. [Full Article...]

Bezos says Amazon will 'double down' on Alexa after blowing past projections

Bezos says Amazon will 'double down' on Alexa after blowing past projections Overall sales increased by 31% to nearly $178bn for the year vs $136bn in 2016, but the income figures tell a familiar tale of continued lagging behind top line revenue numbers growing by about 25% from $2.4bn to $3bn. "The company is so large, and the expectations are so high, it's staggering what they're expected to grow", said Kodali. Bezos had $116.4 billion on the index at the close of ... [Full Article...]

Highland Capital Management LLC Lowers Position in Valero Energy Co. (NYSE:VLO)

It also reduced its holding in Ctrip Com Intl Ltd (NASDAQ:CTRP) by 9,011 shares in the quarter, leaving it with 82,955 shares, and cut its stake in Stmicroelectronics N V (NYSE:STM). Valero Energy Corporation had 69 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has "Neutral" rating given on Tuesday, October 24 by Macquarie Research. [Full Article...]


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