Economy

Dow falls over 2 pct at open as volatility rises

Dow falls over 2 pct at open as volatility rises The Dow closed down 4.6 percent and turned negative for the year. Markets were spooked on Friday by signs of a sharp rise in inflationary pressure in the U.S., prompting fears the Federal Reserve will tighten monetary policy faster than expected. [Full Article...]

32 running backs among players invited to National Football League combine

32 running backs among players invited to National Football League combine Alabama, fresh off another national championship, leads all schools this year with 14 invitees. Georgia and LSU each have 10 players attending. The Casper Star-Tribune reports he is one of 10 players from the Mountain West Conference invited to participate in the combine, which takes place February 27-March 5 in Indianapolis. [Full Article...]

Wall Street slump continues Monday as stocks plunge

Wall Street slump continues Monday as stocks plunge Trading was choppy in the early going Tuesday, likely to be one of the most watched days on the markets in years. The Dow had a more than 1,000-point difference between its high and low on Tuesday. Health care, technology and industrial companies took outsize losses and energy companies sank with oil prices. "The catalyst for the biggest US equity sell-off for six years is being blamed o... [Full Article...]

There are signs of a reprieve in the global market sell-off

There are signs of a reprieve in the global market sell-off But while traders have been piling into equities, pushing many global indexes to record or multi-year highs, there has been growing concern on trading floors about elevated US Treasury bond yields - at four-year highs - and the likelihood of fresh Federal Reserve interest rate rises. [Full Article...]

Global stock markets hit amid Wall Street bloodbath

Global stock markets hit amid Wall Street bloodbath The percentage drop in Australia was large enough to wipe out four months of gains. The markets saw a surprise rise in United States wage rates, which also raises the possibility of an increase in interest rates. Last Friday saw a 4% decrease in shares for Apple, which had been a big player in the markets over the last number of years. The dollar, commonly considered to be relatively safe duri... [Full Article...]

China took on more oil than the USA past year

China took on more oil than the USA past year In the US, stored supplies probably increased by 3 MMbpd last week, according to a Bloomberg survey ahead of government data scheduled to be released on Wednesday. Meanwhile, global stock markets experienced further volatility on Tuesday, after the Dow Jones Industrial Average saw its largest daily loss of all time yesterday. [Full Article...]

Never leave your living room again for Girl Scout cookies

Never leave your living room again for Girl Scout cookies Urbn Leaf, a marijuana dispensary in San Diego, posted a photo of a Girl Scout selling the organization's iconic cookies outside, prompting praise and questions about the sales. "As Girl Scouts, we assume good intent", Doyle said. "Cannabis is now legal in California and a direct result of that is the munchies a lot of times ", he joked. [Full Article...]

BP disappoints City despite surge in profits

BP disappoints City despite surge in profits And we did all this while maintaining safe and reliable operations. Full year operating cash flow before charges relating to the Gulf of Mexico oil spill was $24.1bn, up 37% on last year. Brian Gilvary, BP's chief financial officer, said that the group's cash flows were now "back in balance" as it undertakes the start of its programme to buy back the shares it paid out to shareholders in lieu of... [Full Article...]

Tablets Entered Fourth Consecutive Year Of Decline In 2017

Tablets Entered Fourth Consecutive Year Of Decline In 2017 Huawei was the only remaining OEM with improved shipments, having grown its business by 11.9-percent during the quarter which amounted to 3.5 million slates shipped during the period. "With narrow margins some vendors are using this form factor as a portal to their larger ecosystems or to promote their brand within broader gadget market", the analyst house added. [Full Article...]

Trade deficit hits highest level since 2008

Trade deficit hits highest level since 2008 Republican-backed tax cuts passed late past year may exacerbate the trade shortfall by boosting the dollar, making USA exports more expensive, and by stoking domestic demand, which would also spur imports. But the broadening trade gap could weigh on growth. Economists said the rise in the United States trade deficit was mainly the result of higher demand from consumers and companies, showing tha... [Full Article...]

Why Your Echo Won't Perk Up During Amazon's Super Bowl Ad

Why Your Echo Won't Perk Up During Amazon's Super Bowl Ad Amazon has found a clever way of not accidentally awakening the Alexa-powered speakers. During the advert, Amazon had cleverly ensured the Alexa in your house wouldn't respond when the advert was running. About a year ago, a Reddit user named aspyhackr might have figured out how Amazon accomplishes that goal. The second tactic describes how a commercial itself could transmit an inaudibl... [Full Article...]

Viavi Solutions Inc. (VIAV)- Analysts Hot Watch List

Viavi Solutions Inc. (VIAV)- Analysts Hot Watch List Institutional investors have recently made changes to their positions in the company. VP General Counsel & Secretary, Siebert Kevin Christopher, sold 1,012 common shares of Viavi Solutions Inc . The stock has "Hold" rating by Needham on Thursday, October 12. VIAV's total short interest was 12.30M shares in February as published by FINRA. The transaction was disclosed in a document filed wit... [Full Article...]

New Jersey joins 21 other states in lawsuit over net neutrality

New Jersey joins 21 other states in lawsuit over net neutrality From making a purchase, to receiving emergency alerts, to applying for a job, to communicating in [local government]. That means broadband providers wouldn't be allowed to throttle traffic or create internet "fast lanes". Proponents of net neutrality argue it keeps everyone on a level playing field in terms of access to information and availability of web service. But that classification was repe... [Full Article...]

Lexington Realty Trust (NYSE:LXP) Institutional Investor Positioning Change

The forward P/E of Digital Realty Trust, Inc.is at 59.64 signifying the uses of estimated net earnings over the next 12 months. Tracking other technical indicators, the 14-day RSI is presently standing at 28.05, the 7-day sits at 25.07, and the 3-day is resting at 17.89 for Lexington Realty Trust (LXP). [Full Article...]

Grimsby drivers waste nearly a day per year in traffic

Grimsby drivers waste nearly a day per year in traffic The latest research from US-based data firm Inrix has found that this congestion cost motorists and the economy a total of £37.7 billion in direct and indirect costs past year, which includes the value of fuel and time wasted, as well as freighting and business fees from company vehicles idling in traffic that have meant increased prices for consumers. [Full Article...]

Best Buy Is Saying Goodbye to CDs

Best Buy Is Saying Goodbye to CDs I wasn't allowed to own explicit CDs that held the annoying black and white "parental advisory" label on the bottom right. According to trade organization Digital Entertainment Group , U.S. Now, Target is trying to pass the risk to labels, by changing their operations to scanned-based trading. Target has given moved their deadline to music suppliers on this plan to either April 1 or May 1. [Full Article...]

This is why the Dow is plunging

This is why the Dow is plunging This week, the calm cracked. Asian equities fell and USA stock futures headed lower, extending the biggest selloff for global stocks in two years as investors adjusted to a surge in global bond yields . If faster price increases do begin to emerge, the Fed could try to head them off with more aggressive rate action. The German DAX index lost 4.2 per cent over the week, and South Korea's Kospi... [Full Article...]

Janet Yellen: I would have liked to serve an additional term

Janet Yellen: I would have liked to serve an additional term She also said the stock market - the Dow Jones industrial average closed at 25,520 Friday after a 665-point drop - was "high", and that the financial system was in stronger shape to handle a sharp sell-off than it was during the 2008 financial crisis. [Full Article...]

Bon-Ton stores face an uncertain future

Bon-Ton stores face an uncertain future Comparatively, 20.0% of The Bon-Ton Stores shares are owned by institutional investors. It operates approximately 270 stores in over 26 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner's , Boston Store , Carson's , Elder-Beerman, Herberger's and Younkers nameplates, encompassing a total of approximately 25 million square feet. [Full Article...]

Heynckes: Real will beat PSG

Heynckes: Real will beat PSG Statistically speaking, Les Parisiens' No. 10 is shaping up nicely. Ligue 1 leaders PSG will travel to Madrid for their first leg round of 16 clash against Real Madrid at the Santiago Bernabeu on February 14. And it's not his first foray into the National Football League; before the 2014 World Cup, Ronaldo and his Portugal team-mates trained at the New York Jets' practice facility where then... [Full Article...]


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