NAIROBIDAILYNEWS.COM: Latest News 21:13 2019-07-11

U.S. underlying inflation stirring; labor market tightening

U.S. underlying consumer prices increased by the most in nearly 1-1/2 years in June amid solid gains in a range of goods and services, but that did not change expectations the Federal Reserve would cu...

U.S. underlying inflation stirring; labor market tightening

Source: reuters.com

U.S. underlying inflation firming; labor market tightening U.S. underlying consumer prices increased by the most in nearly 1-1/2 years in June amid solid gains in the costs of a range of goods and services, but that will likely not change expectations the Federal Reserve will cut interest rates this month....
17:26 2019-07-11

Fed describes labor market as strong, weak inflation as 'transitory' U.S. economic growth continued "at a solid pace" in the first half of the year though it likely weakened in recent months as higher tariffs depressed global trade and business investment weakened, the Federal Reserve said on Friday in its semi-annual report to Congress....
20:13 2019-07-05

Underlying U.S. producer inflation boosted by services Underlying U.S. producer prices increased solidly for a second straight month in May, boosted by a surge in the cost of hotel accommodation and gains in portfolio management service fees....
19:13 2019-06-11

Labor Dept. Producer Price Index shows slowing inflation amid slower growth National inflation settled a bit in May as the Producer Price Index climbed a seasonally adjusted 0.1 percent, the Labor Department said in its monthly report Tuesday -- right on target with analysts' expectations....
20:26 2019-06-11

The Market's Inflation Expectations Aren't Making Sense Inflation expectations implied by the price of financial assets are a key guide for central bankers and investors alike. Seeing how they have behaved of late, their credibility should be questioned....
16:13 2019-06-14

Draghi questions market-based inflation indicators Some market-based measures of inflation expectations have lost significance “due to technical conditions”, the European Central Bank’s President Mario Draghi said on Tuesday....
17:39 2019-06-18

U.S. bond market's inflation gauges rise as Fed hints at rate cuts The U.S. bond market's gauges of investors' inflation views climbed on Wednesday as the Federal Reserve signaled it may lower interest rates later this year to counter slowing global growth and sluggish domestic inflation....
02:52 2019-06-20

For Decoding Labor Market, Unemployment Rate May Not Do the Job A low jobless rate should mean a tight labor market and inflation on the rise. Instead, wage growth has been muted and inflation weak, leading economists to question the utility of the official unemployment rate....
06:00 2019-07-15

Strong labor market boosts U.S. consumer confidence Consumer confidence jumped in May as households grew more upbeat about the labor market, suggesting the economy remained on solid ground despite signs that activity was slowing after being temporarily boosted by exports and a build-up of inventories....
22:52 2019-05-28

U.S. labor market on solid footing; manufacturing still slowing The number of Americans filing applications for unemployment benefits fell more than expected last week, pointing to underlying labor market strength despite a sharp slowdown in job growth in May....
17:00 2019-06-20

Softer Labor Market Could Strengthen Case for Rate Cut May employment report adds to signs the U.S. economy was cooling even before the recent escalation in trade tensions—which could make it easier for Federal Reserve officials to justify an interest rate cut....
21:13 2019-06-07

U.S. labor market on solid ground; manufacturing struggling The number of Americans filing applications for unemployment benefits fell more than expected last week, pointing to underlying labor market strength despite a sharp slowdown in job growth in May....
20:13 2019-06-20

U.S. home sales, manufacturing stumble; labor market strong Sales of new U.S. single-family homes fell from near an 11-1/2-year high in April as prices rebounded and manufacturing activity slowed to its lowest level in nearly a decade in May, pointing to a slowdown in economic activity....
17:39 2019-05-23

WRAPUP 1-U.S. labor market on solid footing; manufacturing still slowing The number of Americans filing applications for unemployment benefits fell more than expected last week, pointing to underlying labor market strength despite a sharp slowdown in job growth in May....
16:52 2019-06-20

US weekly jobless claims unexpectedly rise, sparking fears the labor market is losing steam First-time claims for state unemployment benefits were expected to total 216,000, down slightly from the 218,000 claims reported for the previous week....
19:00 2019-06-13

Inflation Bonds Rally Without Inflation, Signaling Fed Bets Demand is surging for U.S. government bonds that have returns adjusted for the rate of inflation, even as investors have grown increasingly skeptical about the potential for prices to rise....
21:26 2019-06-27

Trump’s New Top Labor Official Is Expected to Advance an Anti-Labor Agenda One of Mr. Pizzella’s White House admirers describes him as a “movement conservative” more likely to agree with the White House on cutting labor rules and weakening unions than his predecessor....
00:13 2019-07-17

Twitter’s simplified policies won’t help fix its underlying abuse problem Brevity is baked into the way we tweet, but now Twitter is implementing this philosophy on its own rules. The social microblogging platform has updated, reorganized, and shortened its regulations in an attempt to make it clear for users to understand what is and isn’t acceptable on the service. “We’...
10:26 2019-06-07

Pat Shurmur delights in stirring Giants’ quarterback drama Pat Shurmur did not rule out a quarterback competition this summer between incumbent Eli Manning and rookie Daniel Jones for the starting job, but the Giants head coach did not promise one, either. “I think we’re going to play the very best player,’’ Shurmur said Tuesday after the Giants’ orga...
22:00 2019-06-11

In a stirring finale, Stranger Things stands up and grows up I admire how seamlessly and thoroughly the set design and background decor of Stranger Things 3 integrates the grid motif that was the hallmark of season one and continued in season two. It’s everywhere, but nowhere is it as pervasive as Starcourt Mall....
20:00 2019-07-05

Georgian president accuses Russian 'fifth column' of stirring unrest Georgian President Salome Zurabishvili late on Thursday called Russia "an enemy and occupier" whose "fifth column" she suggested was behind violent unrest which she warned risked dividing the ex-Soviet state....
10:13 2019-06-21

After 8Chan-gate, THQN unveils stirring anti-Nazi game set in 1930s Germany SANTA MONICA—If you'd asked me ahead of E3 2019 which publisher I expected to surprise me the most this year, I wouldn't have answered "THQ Nordic." Austrian publisher Nordic changed its name in 2016 after acquiring a significant slate of defunct THQ assets, and the company has since been soldiering...
19:26 2019-06-11

Dead Poets Society: 30 years on Robin Williams' stirring call to 'seize the day' endures | Luke Buckmaster From its enthusiasm for literature to its rousing finale, Peter Weir’s film is a salute to inspiration itselfTo appreciate the cultural impact of Peter Weir’s 1989 coming-of-age classic, Dead Poets Society, one need only note that for a whole generation the line “O Captain! My Captain!” evokes not t...
18:39 2019-07-16

Poland proposes tightening 5G security standards Poland has proposed tightening its cyber security standards and could ban certain products or suppliers from key parts of a future 5G network, the country's digital ministry said in a document published on Wednesday....
21:52 2019-07-17

Golden trio tightening grip on men's game It has been more than 15 years since Roger Federer, Rafael Nadal and Novak Djokovic began their collection of Grand Slam titles and the bad news for anyone eyeing tennis's big prizes is their stranglehold on men's tennis is as tight as ever....
21:52 2019-06-10

Velocity is strangling baseball — and its grip keeps tightening Pick a problem, or a perceived problem, in baseball, and it can probably be traced back, directly or indirectly, to the rise of velocity as the sport’s ultimate weapon....
14:39 2019-05-21

How opioids invaded America — and are now tightening their grip After a breakup in 2008, a cousin gave Ashlee Krichmar, then 20, a Percocet. She’d never much liked them in the past — they made her sick — but that day the college student majoring in business management took the pill. “It numbed all the emotions I was having at the time, so I didn’t......
11:00 2019-06-16

METALS-Zinc prices jump on tightening stocks Zinc prices rose sharply in London and Shanghai in early trade on Tuesday, as investors worried about dwindling inventories of the metal used to galvanise steel. The London Metal Exchange reopened on Tuesday after the Spring bank holiday in the United Kingdom on Monday, which was also the Memori...
06:13 2019-05-28

UPDATE 1-Poland proposes tightening 5G security standards Poland has proposed tightening its cyber security standards and could ban certain products or suppliers from key parts of a future 5G network, the country's digital ministry said in a document published on Wednesday....
16:52 2019-07-17

Hungarian government passes bill tightening state grip on scientists Hungarian lawmakers have passed legislation to tighten state control of research bodies run by the Hungarian Academy of Sciences, overriding protests against the latest step to expand the government’s role in public life....
21:52 2019-07-02

Hungarian parliament passes bill tightening state grip over scientists Hungarian lawmakers passed legislation on Tuesday to tighten state control of research bodies run by the Hungarian Academy of Sciences (MTA), overriding protests against the latest step to expand the government's role in public life....
17:00 2019-07-02

Hong Kong protests and China's tightening grip rattle business community Chaotic scenes of protesters rampaging through Hong Kong's legislature, trashing furniture and daubing graffiti over walls have sent jitters through the business community, which worries about the impact on the city's status as a financial hub....
11:39 2019-07-03

Hong Kong protests, Beijing's tightening grip rattle business community Chaotic scenes of protesters rampaging through Hong Kong's legislature, trashing furniture and daubing graffiti over walls have sent jitters through the business community, which worries about the impact on the city's status as a financial hub....
07:52 2019-07-03

THE US TELEHEALTH MARKET: The market, drivers, threats, and opportunities for incumbents and newcomers Business Insider Intelligence This is a preview of a research report from Business insider Intelligence, Business Insider's premium research service. To learn more about Business Insider Intelligence, click here.  Telehealth — the use of mobile technology to deliver health-related services, such...
04:39 2019-07-05

The US smart home market is finally entering the mass market after overcoming the chasm it sat in for the last few years BI Intelligence This is a preview of a research report from Business Insider Intelligence, Business Insider's premium research service. To learn more about Business Insider Intelligence, click here. The US smart home market has still yet to meet the expectations many observers had in the early part ...
22:39 2019-05-27

Legislative Staffer Describes Meeting With Jessica Biel and Robert F. Kennedy Jr. as They Lobbied to Kill a Bill Tightening Vaccine Exemptions On Wednesday, a series of photos posted by activist and vaccine “skeptic” Robert F. Kennedy Jr. showed him and actress Jessica Biel lobbying California state lawmakers. Those lawmakers later confirmed that the duo were there to advocate against SB 276, a bill seeking to introduce more oversight into...
00:13 2019-06-14

Fed may cut rates if inflation keeps disappointing: Bullard Further weakness in inflation could prompt the U.S. Federal Reserve to cut interest rates, even if economic growth maintains its momentum, James Bullard, President of the Federal Reserve Bank of St. Louis, said on Wednesday....
09:52 2019-05-22

The Economy Is Strong and Inflation Is Low. That’s What Worries the Fed. The Fed’s struggle to coax inflation to its 2 percent target signals the faltering of a foundational economic relationship. That could create a problem in the next recession....
20:26 2019-05-21

Powell: unemployment, inflation relationship gone Federal Reserve Chairman Jerome Powell said Wednesday before the Senate Banking Committee that very low unemployment rates no longer necessarily push up inflation. (July 11)       ...
00:00 2019-07-12

Wholesale Inflation Eases To 2.02% in June Build up inflation rate in the financial year so far was 1.33 per cent compared to a buildup rate of 2.41 per cent in the corresponding period of the previous year....
17:26 2019-07-15

Fed Re-Examines Its Own Ability to Control Inflation: What Next? Why does the Fed keep missing its inflation "target"? Here's a clue: $10 Trillion in debt outstanding. See what this looks like, in Chart of the Day....
15:00 2019-05-21

U.S. consumer spending, inflation rise moderately in May U.S. consumer spending increased moderately in May and prices rose slightly, pointing to slowing economic growth and benign inflation pressures, which could give the Federal Reserve ammunition to cut interest rates next month....
15:52 2019-06-28

U.S. Inflation Continues Recovery but Remains Below Fed Target Inflation continued to recover in May from a sharp slowdown earlier this year, a trend that could ease the Federal Reserve’s worries about weak price pressures while potentially tempering investors’ hopes for an interest-rate cut next month....
15:39 2019-06-28

Inflation Showed Signs of Life in April U.S. inflation picked up in April after a very weak start to the year, a development that could help to ease Federal Reserve officials’ recent concerns about tepid price pressures....
19:13 2019-05-31

Muted Inflation Data Provides Further Boost to Treasurys Yields on short-term U.S. government bonds fell after another set of tame inflation data bolstered investors’ expectations that the Federal Reserve will soon move to cut interest rates....
02:52 2019-06-13

U.S. inflation much softer in first quarter; puts spotlight on Fed U.S. inflation was much weaker than initially thought in the first quarter amid a sharp slowdown in domestic demand, which could cast doubts on the Federal Reserve's view that the benign price pressures were largely because of temporary factors....
22:26 2019-05-30

Consumer Inflation Picks Up To 3.05% In May, Highest In 7 Months The latest set of inflation data comes days after the Reserve Bank of India (RBI) reduced the repo rate - the key interest rate at which it lends short-term funds to commercial banks - to a nine-year......
19:26 2019-06-12

College costs rising faster than inflation College costs are about to get even higher. The Higher Education Price Index is forecasting inflation for U.S. colleges and universities to increase by 2.6% for this fiscal year. The forecast takes into consideration the average relative price of goods and services purchased by colleges through educ...
15:26 2019-05-28

Asia shares turn wary, U.S. inflation next hurdle Asian share markets were in a defensive crouch on Wednesday as the White House took a tough line on trade talks with China, while a looming reading on U.S. inflation could scramble the odds for an early cut in interest rates there....
09:39 2019-06-12

Inflation remains weak in eurozone as ECB mulls stimulus FRANKFURT, Germany (AP) — Annual inflation in the 19 countries that use the euro remained stuck at 1.2% in June, well below their central bank’s goal despite years of stimulus policies. The official figure released Friday by the EU statistics agency matched the May reading and came in short of...
12:00 2019-06-28

Record Low Inflation Expectations Bolster U.S. Government Bonds Treasury prices are rising again Friday, with the 10-year yield briefly falling below 2.08% amid an inflation sentiment reading that touched a record low....
22:13 2019-06-14

Fed officials face weak inflation, but split over what it means U.S. Federal Reserve officials were divided Friday over how seriously to treat a slide in inflation, with one top policymaker saying the Fed was "close" to its inflation target and three others warning the weak price increases posed major risks the Fed may need to attack with lower interest rates....
20:13 2019-06-21

Moderate U.S. consumer spending, inflation support rate cut U.S. consumer spending increased moderately in May and prices rose slightly, pointing to slowing economic growth and benign inflation pressures, which could give the Federal Reserve ammunition to cut interest rates next month....
20:26 2019-06-28

U.S. producer prices up slightly, point to moderate inflation U.S. producer prices rose slightly in June as the cost of energy and other goods dropped for a second straight month, resulting in the smallest annual increase in producer inflation in nearly 2-1/2 years....
17:00 2019-07-12

Stronger Inflation Data Lift Treasury Yields U.S. government bonds pulled back after new data showed consumer prices rose more than expected in June. The 10-year note’s yield rose to its highest in four weeks....
04:39 2019-07-12

U.S. inflation perks ups; slowing economy may limit gains U.S. consumer prices increased by the most in 15 months in April, but a cooling in spending pointed to a slowdown in economic growth that could keep inflation pressures moderate....
19:13 2019-05-31

Fed officials see past misses as trouble for any new inflation approach The Federal Reserve is discussing whether a better way to get the U.S. economy to hit the central bank's inflation target is to tolerate much higher price increases in some years to counter the weaker ones....
21:00 2019-05-21

Fed May Consider Lower Rates if Inflation and Global Risks Worsen Richard Clarida, the Fed’s vice chairman, said persistently low inflation or worsening global economic risks could make officials reconsider their patience....
03:00 2019-05-31

U.S. Producer Prices Up Slightly in May, Showing Little Inflation Pressure The producer-price index, a measure of the prices businesses receive for their goods and services, advanced a seasonally adjusted 0.1% in May from a month earlier, the Labor Department said....
15:00 2019-06-11

Consumer Inflation Likely Rose In June, But Below RBI Target: Poll Another reading below the inflation target will likely support the RBI's decision last month to cut interest rates to boost economic growth that slowed to more than a four-year low in the......
10:52 2019-07-09

U.S. inflation picks up; slowing economy likely to curb rise U.S. consumer prices increased by the most in 15 months in April, which could support the Federal Reserve's contention that recent low inflation readings were transitory and allow the central bank to keep interest rates unchanged for a while....
15:52 2019-05-31

RBI Raises Retail Inflation Forecast To 3-3.1% For First Half Of 2019-20 In its first bi-monthly policy for FY20 in April, the Reserve Bank of India (RBI) had forecast the retail inflation to be hovering in the range of 2.9-3 per cent for six months till September....
11:39 2019-06-06

U.S. core inflation in June saw largest rise in 18 months Core inflation in the United States -- the change in the costs of most goods and services -- rose during the month of June by the largest amount in one and a half years, government figures showed Thursday....
20:13 2019-07-11

Crest Nicholson profits down as build inflation bites Crest Nicholson has reported an 11% drop in pre-tax profits to £64.4m for the six months to April 30 as the housebuilder came faced stagnant prices and rising build costs....
18:00 2019-06-11

Fed officials see past inflation misses as trouble for any new framework In discussing the best way to manage the U.S. central bank's 2 percent inflation goal, Federal Reserve officials are considering strategies that may see them tolerate much higher price increases in some years to offset the weaker ones....
20:26 2019-05-21

Fed's Bostic Untroubled by Inflation, Demurs on Rate-Cut Prospects Atlanta Fed leader Raphael Bostic declined to say what he wants to see the U.S. central bank do with its short-term rate target at the end of the month but indicated he isn’t currently worried about inflation levels....
22:01 2019-07-11

Asia shares drift lower, wait on U.S. inflation Asian share markets took a step back on Wednesday as the White House took a tough line on trade talks with China, while a looming reading on U.S. inflation could shuffle the odds for an early cut in interest rates there....
07:00 2019-06-12

How Interest Rates, Inflation Impact Equity Select Sectors Tech stocks loathe volatility, higher short-term rates benefit financials but hurt real estate and utilities. See key factors that drive equity select sectors....
06:26 2019-06-12

Canada’s inflation rate falls to 2% in June thanks to gas price drop Inflation is right on the Bank of Canada's ideal target, meaning there's no pressure for the central bank to increase or cut interest rates based on consumer prices....
23:39 2019-07-17

U.S. weekly jobless claims rise; imported inflation subdued The number of Americans filing applications for unemployment benefits unexpectedly rose last week, which could add to concerns that the labor market was losing steam after job growth slowed sharply in May....
23:26 2019-06-13

Global shares snap seven-day winning streak; U.S. inflation next hurdle World share markets snapped a seven-day winning streak on Wednesday as the White House took a tough line on trade talks with China, while an impending reading on U.S. inflation was set to refine the odds of an early cut in interest rates there....
12:52 2019-06-12

Soft inflation data on Wednesday could spark more speculation for a Fed rate cut soon Consumer price inflation was expected to have increased at a pace of 1.9% in May, slower than in April and below the Federal Reserve's 2% target....
14:00 2019-06-12

UK inflation back above official target as energy costs rise LONDON (AP) — Official figures show that inflation in Britain rose in April above the Bank of England’s target rate following an uptick in energy prices and airfares. The Office for National Statistics said Wednesday that consumer prices in the year to April were up 2.1 percent, against 1.9 pe...
11:52 2019-05-22

Fed's Evans: Rate Cuts Needed to Defend Fed's Inflation Target Federal Reserve Bank of Chicago President Charles Evans said in a television interview Tuesday the U.S. central bank needs to lower its short-term rate target to defend its 2% inflation target....
05:52 2019-07-17

U.S. consumer inflation outlook rises for first time in three months: NY Fed survey U.S. consumers in June lifted their inflation expectations for the first time in three months, New York Fed data showed on Monday, reducing pressure on central bankers to cut rates significantly to support economic momentum....
05:13 2019-07-09

U.S. consumer inflation outlook rises for 1st time in three months: NY Fed survey U.S. consumers in June lifted their inflation expectations for the first time in three months, New York Fed data showed on Monday, reducing pressure on central bankers to cut rates significantly to support economic momentum....
18:13 2019-07-08

U.S. producer prices rise marginally, suggest tame inflation U.S. producer prices rose slightly for the second straight month in June as an acceleration in the cost of services was offset by cheaper energy goods, resulting in the smallest annual increase in producer inflation in nearly 2-1/2 years....
20:52 2019-07-12

U.S. Inflation Expectations Decline to Lowest Level Since Late 2017, N.Y. Fed Says Inflation expectations are continuing to fall, in what is likely to be a worrisome development for the Federal Reserve as it contemplates whether to lower its short-term rate target....
15:00 2019-06-11

Wholesale Price Index Inflation Eases To Near 2 Year Low At 2.02% In June Wholesale price-based inflation declined for the second consecutive month to its 23-month low of 2.02 per cent in June, helped by decline in prices of vegetables as well as fuel and power items,......
17:39 2019-07-15

U.S. consumer inflation outlook rises for 1st time in 3 months -NY Fed survey U.S. consumers in June lifted their inflation expectations for the first time in three months, New York Fed data showed on Monday, reducing pressure on central bankers to cut rates significantly to support economic momentum....
18:39 2019-07-08

WRAPUP 2-Moderate U.S. consumer spending, inflation support rate cut U.S. consumer spending increased moderately in May and prices rose slightly, pointing to slowing economic growth and benign inflation pressures, which could give the Federal Reserve ammunition to cut interest rates next month....
20:00 2019-06-28

WRAPUP 2-U.S. inflation perks ups; slowing economy may limit gains U.S. consumer prices increased by the most in 15 months in April, but a cooling in spending pointed to a slowdown in economic growth that could keep inflation pressures moderate....
19:52 2019-05-31

Consumer Inflation Picks Up To 8-Month High Of 3.18% In June: 10 Points Consumer inflation picked up to 3.18 per cent in June, from 3.05 per cent in the previous month, government data showed on Friday. That marked the highest level of consumer inflation recorded since......
22:39 2019-07-12

Pakistani PM Imran Khan draws ire over taxes, rising inflation Pakistan's prime minister is facing a backlash over his economic policies, with public discontent growing over increased taxes and rising inflation. On Saturday, a countrywide traders' strike paralyzed business....
14:13 2019-07-14

Markets see long fight ahead as ECB battles low inflation expectations Mario Draghi's dramatic Tuesday hints of further monetary easing by the European Central Bank has stabilized collapsing euro zone inflation expectations, but the departing ECB chief will struggle to calm market fears of Japan-style economic stagnation....
09:13 2019-06-20

UK inflation falls back to target ahead of rate decision LONDON (AP) — Official figures show that inflation in Britain dipped in May, back to the Bank of England’s target, amid lower air fares and car prices. The Office for National Statistics said Wednesday that consumer prices were up 2% in the year to May, compared with 2.1% the previous month. T...
13:26 2019-06-19

How the Amazon-Google-Uber effect sets inflation | Mohamed El-Erian Tech innovations have driven the drift down in prices – policymakers ignore such forces at their peril Debates about inflation in advanced economies have changed remarkably over the past decades. Setting aside (mis)measurement issues, concerns about debilitatingly high inflation and the excessive po...
09:00 2019-05-24

Turkey's Albayrak says inflation falling, hopes to achieve targets at year-end Turkish Finance Minister Berat Albayrak said on Monday that the falling trend in inflation continued after consumer prices eased to a less-than-expected 18.71% in May, and added that Turkey will hopefully achieve its targets at the end of the year....
10:52 2019-06-03

Pick your poison: For Fed, it's higher inflation or an inevitable return to quantitative easing The Great Recession ended a decade ago this month, but for the U.S. Federal Reserve the fallout has posed an era-defining choice: Either jolt Americans to expect higher inflation, or keep the printing press ready for the next economic slide....
02:13 2019-06-03

World bonds wave recession flags as future inflation evaporates After almost three years of successfully predicting a global economic revival, world bond markets are furiously flagging the risk of yet another recession, as well as low inflation for a generation....
17:13 2019-06-07

Critics cry ‘grade inflation’ at NYC schools as students pass without meeting standards At the Science School for Exploration and Discovery, MS 244 in the Bronx, an impressive 94 percent of students in grades 6-8 passed their math classes in the 2017-18 school year. But how much math they actually mastered is questionable. Only 2 percent of those same Mott Haven students — nearly all H...
07:13 2019-06-30

UPDATE 1-U.S. consumer inflation outlook rises for 1st time in 3 months -NY Fed survey U.S. consumers in June lifted their inflation expectations for the first time in three months, New York Fed data showed on Monday, reducing pressure on central bankers to cut rates significantly to support economic momentum....
18:39 2019-07-08

Euro zone growth, inflation outlook cut as risks from U.S. trade grow The European Commission lowered its estimates on Wednesday for euro zone growth and inflation, saying uncertainty over U.S. trade policy posed a major risk to the bloc....
20:00 2019-07-10

Trump touts low inflation moments after his onetime Fed pick argued for a rate cut to boost it "The Fed has to cut rates because prices have been falling and once those prices stabilize you just stop cutting rates," says the onetime Trump Fed pick....
16:39 2019-06-11

Brazil needs concrete progress on reform to anchor inflation -central bank chief Concrete progress on Brazil's fiscal and economic reform agenda is crucial to a benign outlook for inflation, central bank President Roberto Campos Neto said on Thursday, adding that current inflation expectations are in line with targets....
05:13 2019-07-05

Inflation Fears Fade Amid Bond Rally, Rise in Rate Cut Bets Investors’ expectations for inflation have fallen to their lowest levels since the start of the year. The decline has coincided with a sharp rise in the odds that the Fed will cut interest rates multiple times this year....
21:39 2019-06-11

The European Central Bank meets as inflation cools and trade tensions heat up The European Central Bank (ECB) announced its easy-money exit strategy one year ago. But twelve months on, the world couldn't look more different....
07:52 2019-06-06

Treasury yields continue comeback on the week after another report shows rising inflation Treasury yields hit a one-month high on Friday, on pace to post its biggest weekly gain since April after recent data showed hotter-than-expected inflation....
17:39 2019-07-12

Japan's core consumer inflation ticks up in April, BOJ's price goal stays distant Japan's core consumer prices rose 0.9 % in April from a year earlier, accelerating slightly from the previous month but remaining distant from the central bank's 2% target, underscoring the challenges it faces in ending deflation....
03:39 2019-05-24

African swine fever could drive up inflation in emerging markets as pork prices soar African swine fever, which has already ravaged pig herds in China and pushed up food prices there, could also drive up inflation in the other emerging markets, according to research firm Capital Economics....
08:39 2019-06-17

Producer price index for June shows smallest rise in business inflation in over 2 years The main gauge that measures business prices in the United States recorded a small increase for the month of June -- which capped the smallest annual inflation rise in more than two years, the Labor Department said....
21:39 2019-07-12

UPDATE 1-Turkey's annual consumer price inflation falls to 15.72% in June, matches forecast Turkey's consumer inflation fell to its lowest level in a year in June thanks to a high base effect, giving the central bank more room to cut rates in coming months....
10:39 2019-07-03

A ban on child labor in Africa is not enough Many children in Africa have to work as domestic helps, on plantations or in prostitution to survive. They are robbed of their childhood and guaranteed a life in poverty if they are kept out of school....
13:39 2019-06-12

RPT-UPDATE 1-Brazil pension reform helps improve inflation outlook, says central bank chief Brazil Central Bank President Roberto Campos Neto on Thursday welcomed the approval by Congress of a landmark overhaul of the country's pension system, saying the reforms help create a benign outlook for inflation....
14:00 2019-07-12

Some GE Factories Reject New Labor Deal Workers at several General Electric factories voted against a new four-year contract, surprising the conglomerate and union leaders who had negotiated the agreement last month....
15:39 2019-07-10

Why the ‘skilled labor shortage’ is all about timing Dear John: The “skilled labor shortage” is BS. I just got a Master of Science degree in computer science with a focus on artificial intelligence, and every job I apply for has several hundred applicants. Don’t believe me? Just go to LinkedIn and search for “data science” or “machine learning” jobs. ...
15:00 2019-07-21

The best time to book your Labor Day flight Labor Day is just 67 days away, which means that if you're looking for one last summer getaway before school starts, chances are you've already started thinking about booking flights....
18:39 2019-06-27

2020 Democrats Want Labor to Know They Care It took several decades and one final, disastrous election for Democrats to acknowledge they had taken union support for granted. Many of them appear to be betting on not making the same mistake again....
22:00 2019-06-18

Southwest Airlines cancels 737 Max flights through Labor Day Southwest Airlines announced Thursday it will keep its Boeing 737 Max fleet on the ground through the Labor Day weekend, joining the only other U.S. carrier that flies the Max 8....
22:13 2019-06-13

Alexander Acosta resigns as labor secretary Embattled Labor Secretary Alexander Acosta resigned Friday morning amid the fallout over his handling of a sex trafficking case involving billionaire financier Jeffrey Epstein. “I called the president this morning and told him that I thought the right thing was to step aside,” Acosta sai...
18:52 2019-07-12

Trump Manages to Get an Even Worse Labor Secretary Than the Last One Last week’s welcome resignation of Labor Secretary Alex Acosta came with a caveat: Acosta appeared to not be entirely on board with the White House’s full-throated deregulation efforts....
19:39 2019-07-17

Trump to nominate Scalia's son for labor secretary U.S. President Donald Trump said on Thursday he intends to nominate Eugene Scalia, the oldest son of the late Supreme Court justice Antonin Scalia, to be secretary of labor....
11:39 2019-07-19

CBOE, C2 and CFE Trading Schedule for the Labor Day Holiday CHICAGO, IL -- August 25, 2016 -- CBOE Holdings, Inc. (NASDAQ: CBOE) today announced the following trading schedule for Chicago Board Options Exchange® (CBOE®), C2 Options Exchange (C2) and CBOE Futures Exchange (CFE®) in observance of the Labor Day holiday:...
23:26 2019-05-21

Schumer calls for Labor Sec to resign over Epstein Sen. Minority Leader Chuck Schumer and a growing list of Democrats say Labor Secretary Alexander Acosta should resign for his role in a 2008 plea deal that let Jeffrey Epstein escape prison time for allegedly molesting dozens of teenage girls. (July 9)        ...
19:13 2019-07-09

Behind the Labor Department’s gambling game of job reports If we are to believe the US Labor Department, companies went through a massive hiring spurt in April and then slammed on the brakes in May. Neither is likely. Today, we are going to have a little fun with the numbers. At the end of this item I’ll tell you the only number that really......
17:26 2019-06-11

CBOE C2 And Cfe Trading Schedule For Labor Day Holiday CHICAGO, IL - August 25, 2014 -- CBOE Holdings, Inc. (NASDAQ: CBOE) announced the following trading schedule for Chicago Board Options Exchange® (CBOE®), C2 Options ExchangeSM (C2SM) and CBOE Futures ExchangeSM (CFE®) in observance of the upcoming Labor Day holiday:...
03:39 2019-05-22

UN labor organization celebrates 100 years of unity GENEVA (AP) — The U.N.’s labor organization is touting its 100-year anniversary as a symbol of multilateral cooperation, as key world leaders like German Chancellor Angela Merkel and French President Emmanuel Macron prepare to join the celebration. Director-General Guy Ryder of the Internation...
16:13 2019-06-10

| Calls mount for resignation of Trump labor secretary Democratic Party leaders called on Tuesday for the resignation of President Donald Trump's secretary of labor over a secret plea deal he made a decade ago with a wealthy hedge fund manager accused of sexually abusing young girls....
12:39 2019-07-10

Trump nominates Eugene Scalia to be labor secretary President Donald Trump on Thursday said he plans to nominate Gene Scalia, the son of late Supreme Court Associate Justice Antonin Scalia, to be labor secretary....
03:26 2019-07-19

Trump likely to pick Scalia's son for labor secretary: Politico U.S. President Donald Trump is likely to pick Eugene Scalia, the oldest son of the late Supreme Court Justice Antonin Scalia, to be the secretary of labor, Politico reported on Thursday, citing three unnamed sources....
02:13 2019-07-19

Not funny: Midwife slapped with $4,836 bill for laughing gas during her labor More and more hospitals are billing their services by the minute. For this nurse, a comfortable birth experience cost thousands of dollars.       ...
00:13 2019-06-13

US Labor Secretary Acosta resigns over Epstein affair Donald Trump's Labor Secretary Alexander Acosta has resigned after criticism of a legal deal made years ago that led to financier Jeffrey Epstein only serving 13 months in jail for child sex abuse....
20:13 2019-07-12

AFL-CIO leadership: the two women vying to be America's top labor official Liz Shuler and Sara Nelson, both in their 40s and from Oregon, lead the undeclared race to succeed Richard Trumka at the union federationLiz Shuler and Sara Nelson have many things in common – both are from Oregon, both are in their 40s, and both are prominent labor leaders. Shuler is secretary-trea...
09:52 2019-07-08

Rebooting World Cup of Hockey to be part of NHL labor talks VANCOUVER, British Columbia (AP) — NHL Commissioner Gary Bettman and union chief Don Fehr are in favor of rebooting the World Cup of Hockey tournament and holding it every four years. The stumbling block to laying out a long-term calendar of international competition, however, revolves around the ho...
23:13 2019-06-23

Labor Secretary Acosta says Epstein crimes 'horrific' U.S. Labor Secretary Alexander Acosta said on Tuesday that he was glad financier Jeffrey Epstein was being prosecuted on sex trafficking charges and defended himself against criticism over the way he handled the case as a former federal prosecutor....
18:52 2019-07-09

M.L.B. and Players’ Union Set to Begin Early Labor Talks Never before have the two sides attempted such a significant renegotiation in the middle of a contract’s term, underscoring the urgency felt in both camps....
05:13 2019-06-18

Labor union leader Héctor Figueroa dead at 57 Héctor Figueroa, the president of Local 32BJ of the Service Employees International Union and one the nation’s most influential labor leaders, died of a heart attack Thursday evening, a union official said. He was 57 years old. “It is with overwhelming sadness and a heavy heart that 32BJ mourn...
23:39 2019-07-12

High Heels at Work Are ‘Necessary,’ Says Japan’s Labor Minister Japan’s health and labor minister said Wednesday that it is “necessary” for companies to make women wear high heels at work, the BBC reports. Speaking to parliament Wednesday, Tamuki Nemoto defended of the gendered footwear practice, which women throughout the country have been cam...
11:13 2019-06-06

If You're Flying American Airlines, Expect Delays Until After Labor Day Back in March, Boeing 737 MAX aircraft were grounded after a tragic Ethiopian Airlines flight crashed, killing all 157 people on board. But, yes—there’s still a chance your flights are going to be delayed until early September if you’re flying American....
16:26 2019-06-10

CBOE, CFE, C2 and CBSX Trading Schedule for the Labor Day Holiday CHICAGO, IL, August 14, 2013 -- CBOE Holdings, Inc. (NASDAQ: CBOE) announced the following trading schedule for Chicago Board Options Exchange (CBOE), CBOE Futures Exchange (CFE), C2 Options Exchange (C2), and CBOE Stock Exchange (CBSX) in observance of the Labor Day Holiday. ......
04:52 2019-05-22

5 indicted in Wisconsin accused of forced immigrant labor Federal prosecutors indicted five people accused of forcing 14 Mexican immigrants to work in farms in Wisconsin "by means of serious harm and threats of serious harm."...
00:52 2019-05-24

CBOE, CBSX and CFE Trading Schedule for Labor Day Holiday CHICAGO, August 26, 2010- The Chicago Board Options Exchange (CBOE), CBOE Futures Exchange (CFE) and CBOE Stock Exchange (CBSX) today announced the following trading schedule in observance of the Labor Day holiday: Friday......
10:26 2019-05-22

CBOE, C2, CFE, and CBSX Trading Schedule for Labor Day Holiday CHICAGO, IL, August 23, 2012 - CBOE Holdings, Inc. (NASDAQ: CBOE) today announced the following trading schedule for Chicago Board Options Exchange (CBOE), C2 Options Exchange (C2), CBOE Futures Exchange (CFE) and CBOE Stock Exchange (CBSX) in observance of the Labor Day holiday:...
06:39 2019-05-22

Trump to Nominate Eugene Scalia to Serve as Labor Secretary President Trump intends to nominate Eugene Scalia, a son of the late Supreme Court Justice Antonin Scalia, as secretary of labor, sources said, tapping a well-known figure in labor policy after the resignation of Alex Acosta....
07:39 2019-07-19

Japan summons South Korean ambassador over WWII labor row Japan's foreign ministry has summoned the South Korean ambassador amid a deepening diplomatic dispute over wartime compensation. Earlier, an elderly man set himself on fire in protest outside Japan's embassy in Seoul....
07:13 2019-07-19

#MeToo anti-harassment treaty adopted by UN labor agency The International Labor Organization (ILO) has adopted a new treaty against violence and harassment in the workplace. Sparked by the #MeToo movement, six countries still abstained from the plans, including Russia....
19:00 2019-06-21

Japan says Seoul must fix wartime labor issue that violates international law Seoul must take swift steps to resolve a dispute over the issue of compensation for wartime forced labor, Japan's Foreign Minister Taro Kono told South Korea's ambassador on Friday, adding that the situation violated international law....
06:00 2019-07-19

Embattled Labor Secretary Acosta says Epstein crimes 'horrific' U.S. Labor Secretary Alexander Acosta, under pressure from Democrats to resign over his handling of a decade-old sex abuse case against financier Jeffrey Epstein, on Tuesday defended his actions as a former federal prosecutor and called Epstein's crimes "horrific."...
19:39 2019-07-09

Democrats call for labor chief to resign over Epstein deal U.S. Democratic lawmakers on Tuesday called for Labor Secretary Alexander Acosta to resign amid renewed concerns over the way the former federal prosecutor handled a decade-old sex abuse case against wealthy U.S. financier Jeffrey Epstein....
18:52 2019-07-09

Trump Plans to Nominate Eugene Scalia for Labor Secretary Job Mr. Scalia, the son of Antonin Scalia who worked in the Bush administration, is expected to bring a pro-business approach and stability to the Labor Department....
01:39 2019-07-19

Mexican manufacturers demand background checks for migrant labor Mexican President Andres Manuel Lopez Obrador has promised thousands of jobs to migrants waiting on the northern border for U.S. asylum, but some employers are refusing to hire them unless the government screens for potential criminals....
04:00 2019-07-03

Senators ask CBP to block imports of cocoa made with forced labor Senators Sherrod Brown of Ohio and Ron Wyden of Oregon urged the U.S. Customs and Border Protection (CBP) agency to block the import of cocoa made with forced labor in a letter published on Tuesday....
08:26 2019-07-17

CBOE Holdings’ Exchanges Trading Schedule for Labor Day Holiday CHICAGO -- August 29, 2017 -- CBOE Holdings, Inc. (BATS: CBOE | NASDAQ: CBOE) today announced the following trading schedules for Chicago Board Options Exchange® (CBOE®), C2 Options Exchange (C2), CBOE Futures Exchange (CFE®), Bats U.S. equities and options exchanges and Bats Hotspot in ...
21:52 2019-05-21

Democrats call for U.S. labor chief to resign over Epstein deal U.S. Democratic lawmakers on Tuesday called for Labor Secretary Alexander Acosta to resign amid renewed concerns over his handling of sex abuse charges against wealthy U.S. financier Jeffrey Epstein....
18:13 2019-07-09

UAW Talks Open With Labor Costs Rising, Slowdown Looming After years of prosperity, car companies in Detroit are entering contract talks with the UAW this week. Their top concern is capping fast-rising labor costs ahead of a downturn in the U.S. auto industry....
18:00 2019-07-16

Thanks to persistent low unemployment, labor’s share of income, which has been declining for decades Thanks to persistent low unemployment, labor’s share of income, which has been declining for decades due to capital’s victorious class war, could finally be set to rise—“and that could spell trouble for corporate profit margins and the share prices that are ultimately dependent on them.” GOOD....
17:13 2019-06-10

The Brutal Labor Battle Consuming Pittsburgh's Biggest Paper PITTSBURGH— In April, the staff of the Pittsburgh Post-Gazette was awarded a Pulitzer Prize for its coverage of the massacre at the Tree of Life Synagogue last October. The win caught much of the staff by surprise, and, according to a staff writer who was there, the office erupted in havoc. Executiv...
21:26 2019-05-23

Businesses have a new labor problem: Fewer teens available for summer jobs Only about 40% of teens ages 16 through 19 were in the labor force last summer, according to a CNBC analysis of Bureau of Labor Statistics data.       ...
18:39 2019-07-05

UN labor agency passes accord to reduce workplace harassment GENEVA (AP) — The U.N.’s labor agency has adopted its first convention specifically aimed at reducing violence and harassment in the workplace, with its chief crediting a recent boost from the #MeToo movement. Delegates exchanged hugs, applauded and whooped in a U.N. conference hall after the ...
16:39 2019-06-21

Pregnant bikini model shamed for ‘problematic’ labor photoshoot A bikini model has been slammed online for posing for a staged photo with a full face of makeup to announce that she had gone into labor. Australian beauty Hannah Polites, 28, posted the snap which appeared to show that she and husband Grant Small, alongside daughter Evaliah, were leaving for the ho...
23:26 2019-06-04

NHLPA's Don Fehr addresses player labor concerns NHLPA executive director Don Fehr discusses escrow, which a majority of player representatives consider the biggest issue in CBA talks. (June 16)       ...
04:52 2019-06-18

Labor Secretary Acosta defends Epstein plea deal U.S. Labor Secretary Alex Acosta on Wednesday praised the new case against financier Jeffrey Epstein on sex trafficking charges and defended the role he played as a federal prosecutor in reaching a plea deal with Epstein that has been criticized as too lenient....
23:39 2019-07-10

Student Journalist Uncovers High School’s Use of Prison Labor Spencer Cliche, a high school senior in Massachusetts, conducted a monthlong investigation into his school’s use of prison labor to reupholster auditorium seats....
13:39 2019-06-28

Unions to strike at Chile's Chuquicamata after labor deal falls through Unionized workers at Codelco's Chuquicamata copper mine, one of the world´s largest, said late on Wednesday they would walk off the job beginning Friday after failing to reach a labor deal with Codelco, the world's top copper producer....
13:26 2019-06-13

Nothing to do with labor: Largest union in US adopts radical abortion stance The National Education Association, a labor union which claims a membership of over 3 million, has for years avoided scaring off or offending Christian members by claiming that it doesn't have an official position on abortion. But it can't make that claim any more....
21:52 2019-07-11

Nancy Pelosi calls for Labor secretary to resign over Epstein deal House Speaker Nancy Pelosi called for Labor Secretary Alex Acosta to resign for negotiating a plea deal with Jeffrey Epstein that allowed the multimillionaire financier to spend a little more than a year in jail on sex crime charges. “@SecretaryAcosta must step down,” Pelosi wrote on Twitter late Mo...
16:39 2019-07-09

Japan labor minister: Dress codes requiring high heels 'necessary' Dress codes by Japanese companies that require women to wear high heels are "occupationally necessary," Tokyo's labor minister said in response to a growing movement to dismiss the mandate....
19:13 2019-06-06

North Korean nuclear envoy emerges at art show after labor exile A senior North Korean official believed to have been exiled to a labor camp after US-Korea nuclear talks fell apart in February was spotted hob-nobbing with dictator Kim Jong Un during an art performance Sunday....
04:39 2019-06-03

Trump's labor chief Acosta to address Epstein plea deal U.S. Labor Secretary Alexander Acosta called a news conference on Wednesday to address his role in a non-prosecution agreement more than 10 years ago with financier Jeffrey Epstein, who has now been charged with sex trafficking in underage girls....
20:52 2019-07-10

Schumer: Labor Secretary Acosta should resign over Jeffrey Epstein case Sen. Chuck Schumer on Tuesday called for Labor Secretary Alexander Acosta to resign over his handling of convicted pedophile Jeffrey Epstein’s Florida case — and said President Trump should give him the boot if he refuses to step down. “I am calling on Secretary Acosta to resign. It is now impossibl...
17:39 2019-07-09

Bob Hawke: key moments in the life and career of Labor's longest serving PM – video Bob Hawke led Labor to four election victories. Born in South Australia, he grew in Western Australia and won a Rhodes scholarship to Oxford University. In his 20s he worked for the Australian Council of Trade Unions, and became president of the ACTU in 1969. It was a step on his path to the Labor p...
15:26 2019-05-21

Germany's new refugee labor laws slammed as lacking common sense German lawmakers are set to pass a bundle of measures to make it easier to integrate migrants, but also deport rejected asylum-seekers. Experts say the laws not only send a mixed signal, but may even be unconstitutional....
06:52 2019-06-07

Trump's Labor Secretary Acosta resigns amid Epstein case U.S. Labor Secretary Alexander Acosta resigned on Friday amid fresh scrutiny of his handling of the sex abuse case against financier Jeffrey Epstein, becoming President Donald Trump's latest adviser to leave the administration in controversy....
19:39 2019-07-12

Labor Secretary Acosta resigning amid Epstein deal scrutiny President Donald Trump speaks to members of the media with Secretary of Labor Alex Acosta on the South Lawn of the White House, Friday, July 12, 2019, before Trump boards Marine One for a short trip to Andrews Air Force Base, Md. and then on to Wisconsin. (AP Photo/Andrew Harnik) WASHINGTON (AP) — L...
19:52 2019-07-12

Japan, South Korea raise the stakes in dispute over forced labor Japan and South Korea raised the stakes on Tuesday in a diplomatic dispute that threatens to disrupt global supplies of smartphones and chips, with South Korea denouncing Japanese reports that it had transferred a key chemical to North Korea....
19:52 2019-07-09

Japan, South Korea raise stakes in dispute over forced labor Japan and South Korea raised the stakes on Tuesday in a dispute that threatens to disrupt global supplies of smartphones and chips, with South Korea denouncing Japanese reports it had transferred a sensitive chemical to North Korea....
03:39 2019-07-10

Lawmakers push for labor secretary's resignation over Epstein plea deal Senior Democrats are renewing calls for Alexander Acosta to step down or face congressional scrutiny for 2008 ‘sweetheart deal’The US labor secretary Alexander Acosta is facing renewed calls for his resignation over the lenient 2008 plea deal he cut with Jeffrey Epstein, the billionaire financier wh...
04:13 2019-07-09

Mexico’s Congress Votes to Expand Domestic Workers’ Labor Rights Mexico’s Congress voted to grant the country’s cleaners, cooks, babysitters, gardeners, caretakers and other domestic workers basic labor rights like limited work hours and paid vacations....
14:33 2019-05-21

First 'Harry Potter: Wizards Unite' festival occurs Labor Day weekend Niantic promised real-world events for Harry Potter: Wizards Unite in the same vein as Pokémon Go Fests when it announced the game's official launch. Now the company has revealed that it has already scheduled the new game's first fan event for......
07:13 2019-06-29

Labor Secretary Pick Eugene Scalia Has Strong Antiregulation Record In Eugene Scalia, the Trump administration has found a potential secretary of labor with an established record of pursuing limits on government regulation of business....
23:26 2019-07-19

Nationals launch ‘kids eat free’ program at home games through Labor Day Kids 12 and under can receive a free hot dog, potato chips or apple sauce and drink, in a program the Nationals say is unique in Major League Baseball....
00:26 2019-07-20

Local labor laws apply to Ryanair employees: Belgian court Belgium's labor laws can apply to Ryanair employees based in the country, a local court ruled on Friday, in a case that could set a precedent elsewhere in Europe and upholds a 2018 agreement reached between the airline and Belgian unions....
21:26 2019-06-14

Calls for boycott of Japan grow in South Korea as labor row simmers Calls in South Korea for a boycott of Japanese goods in response to Japanese restrictions on the export of high-tech material to South Korea picked up on Monday, as a dispute over compensation for forced wartime labor roiled ties between the U.S. allies....
09:00 2019-07-05

Labor Secretary Alex Acosta Defends His Role in Epstein Plea Deal Embattled Labor Secretary Alex Acosta defended his role in handling Jeffrey Epstein’s plea deal negotiations as the U.S. Attorney in South Florida in 2008, saying that “facts are being overlooked” and he acted to make sure Epstein didn’t “walk free.” “The Pa...
22:52 2019-07-10

Labor Sec. Alex Acosta defends controversial deal with 'predator' Jeffrey Epstein Labor Secretary Alex Acosta — who as a prosecutor cut a deal that spared financier Jeffrey Epstein of federal charges a decade ago — is answering reporters' questions about Epstein....
23:26 2019-07-10

South Korea calls for probe as forced labor feud with Japan deepens South Korea called on Friday for an international investigation of what it said were accusations by Japanese officials that it had passed some high-tech materials imported from Japan on to North Korea in violation of U.N. sanctions....
10:39 2019-07-12

Acosta resignation puts veteran bureaucrat Patrick Pizzella in charge of labor Patrick Pizzella, a veteran of several past Republican and Democratic presidential administrations, will take over as acting secretary of labor following the abrupt departure of Alexander Acosta Friday following controversy surrounding a plea deal he arranged for sex-trafficker Jeffrey Epstein in 20...
16:52 2019-07-12

Trump Says He Will Nominate Eugene Scalia for Labor Secretary Following Alex Acosta’s Resignation WASHINGTON (AP) — President Donald Trump says he will nominate lawyer Eugene Scalia to be his new labor secretary. Scalia is the son of the late Supreme Court Justice Antonin Scalia. He is a partner in the Washington office of the Gibson, Dunn & Crutcher law firm. Trump tweets that Scalia ...
12:13 2019-07-19

Trump praises Labor Department secretary as criticism mounts over Epstein controversy President Trump on Tuesday defended Labor Secretary Alexander Acosta, who is under fire for his role in negotiating a lenient plea deal in 2008 for sex offender and wealthy financier Jeffrey Epstein....
03:52 2019-07-10

Trump may leave Pizzella 'acting' labor secretary to avoid Senate fight President Trump has given little indication that he intends to formally nominate Deputy Labor Secretary Patrick Pizzella to replace departing Labor Secretary Alexander Acosta. Instead, he appears to be willing to leave Pizzella in place for the foreseeable future as "acting secretary" only, a move t...
00:00 2019-07-16

NFL labor talks could include 18-game season, more playoff teams, new marijuana policy As discussions between the league and players' union heat up, some owners appear willing to compromise on marijuana policy and the commissioner’s disciplinary authority....
04:26 2019-05-30

Labor Secretary Alexander Acosta Resigns After Criticism of Epstein Plea Deal (WASHINGTON) — Labor Secretary Alexander Acosta said Friday he is resigning following renewed scrutiny of his handling of a 2008 secret plea deal with wealthy financier Jeffrey Esptein, who is accused of sexually abusing dozens of underage girls. President Donald Trump, with Acosta at his side...
20:39 2019-07-12

Japan summons South Korea envoy in escalating row over wartime forced labor Japanese Foreign Minister Taro Kono summoned South Korea's ambassador on Friday in a deepening diplomatic row over compensation for Korean wartime forced labor that threatens global supply of microchips and smartphone displays....
06:00 2019-07-19

Trump backs Labor chief Acosta but says will look at matter amid Epstein case President Donald Trump backed Labor Secretary Alexander Acosta on Tuesday but said he would look into how Acosta handled financier Jeffrey Epstein's case during his tenure as a U.S. prosecutor in Florida....
18:52 2019-07-09

Japan to tighten tech material exports to South Korea in wartime labor row Japan will tighten curbs on exports of high-tech materials used in smartphone displays and chips to South Korea amid a growing dispute over South Koreans forced to work for Japanese firms during World War Two, the industry ministry said on Monday, prompting condemnation from Seoul....
14:39 2019-07-01

Trump wants to nominate son of late Justice Antonin Scalia for Labor secretary: report President Trump said Thursday that he plans to nominate the son of late Supreme Court Justice Antonin Scalia to be the next Labor secretary. Trump said on Twitter that he will tap Eugene Scalia — a partner at the law firm Gibson, Dunn & Crutcher — to take over at the Department of Labor after......
02:39 2019-07-19

Trump backs Labor chief Acosta, says will look into matter amid Epstein case U.S. President Donald Trump backed Labor Secretary Alexander Acosta on Tuesday but said he would look into how Acosta handled financier Jeffrey Epstein's case during his tenure as a U.S. prosecutor in Florida....
19:39 2019-07-09

Perry Co. woman pleads guilty to forced labor scheme involving kids PERRY COUNTY, Ky. (LEX 18) — A Perry County woman has admitted to allowing her boyfriend to force her children to work instead of going to school, under threat of severe punishment. Officials said 33-year-old Tiffany Walsh pleaded guilty Friday in federal court in London to one count of forced...
15:52 2019-06-30

Japan may take South Korea wartime labor dispute to International Court of Justice: NHK Japan is considering taking a dispute with South Korea over its compensation for wartime forced laborers to the International Court of Justice as the deadline for seeking third-country arbitration passes on Thursday, public broadcaster NHK reported....
06:13 2019-07-18

Senators call for crackdown on cocoa imports made with forced child labor U.S. Senators Sherrod Brown and Ron Wyden sent a letter to Acting Department of Homeland Security Secretary Kevin McAleenan today calling on him to crack down on imported cocoa produced with forced child labor. The senators cited an investigation by The Washington Post that found major chocolate com...
23:39 2019-07-16

South Korea rejects Japan call for arbitration over wartime labor dispute South Korea on Friday rejected Japan's call for third-party arbitration over a court ruling last year ordering Japanese companies to pay compensation for using South Korean forced labor during World War Two....
08:00 2019-07-19

NFL puts full-time referee program on hold amid labor talks Those who want to see full-time referees in the NFL will have to wait a little longer. The NFL has put its full-time officials program on hold while it engages in ongoing labor talks with the NFL Referees Association, according to ESPN. The program, which launched in 2017, gives approximately 20% of...
22:39 2019-07-12

Labor Secretary Acosta to hold press conference to address handling of Jeffrey Epstein Embattled Labor Secretary Alexander Acosta has scheduled a press conference for Wednesday afternoon to address his handling the of the prosecution for sex crimes of Jeffrey Epstein in 2008....
19:26 2019-07-10

Tony Burke floats Green New Deal-style approach to Labor's climate policy Shadow environment minister says ALP can’t keep pushing a market mechanism to reduce emissions nor could it ‘give up’ on tackling crisisThe shadow environment minister, Tony Burke, has declared Labor can no longer pursue a climate policy based on a market mechanism to reduce emissions.But he insists...
09:52 2019-05-23

Rocket Mortgage Classic: Protesters gather outside Detroit Golf Club over labor dispute Protesters gathered at Detroit Golf Club on Wednesday in the wake of an ongoing labor dispute. The Rocket Mortgage Classic begins Thursday.        ...
21:13 2019-06-27

Trump labor secretary who cut Epstein deal plans to slash funds for sex trafficking victims Democrats condemn as ‘amoral’ Alex Acosta’s proposed 80% funding cut for US agency that combats child sex trafficking Alexander Acosta, the US labor secretary under fire for having granted Jeffrey Epstein immunity from federal prosecution in 2008, after the billionaire was investigated for having ru...
16:39 2019-07-10

Trump 'feels badly' for labor secretary amid calls for resignation over Epstein case Alexander Acosta accused of helping Jeffrey Epstein, charged with sex trafficking, escape justice 10 years ago by securing a plea dealDonald Trump on Monday defended his labor secretary, Alexander Acosta, from accusations that he helped Jeffrey Epstein, the financier charged with sex trafficking on ...
09:13 2019-07-10

Labor secretary Acosta defends Epstein plea deal amid calls for resignation The former US attorney claims the deal secured a greater penalty for Epstein than state officials otherwise would have managedThe embattled labor secretary, Alexander Acosta, on Wednesday defended the terms of a non-prosecution agreement he made 10 years ago with the financier Jeffrey Epstein, who a...
02:52 2019-07-11

Alex Acosta resigns as labor secretary over role in Jeffrey Epstein plea deal U.S. Labor Secretary Alexander Acosta resigned Friday amid increasing scrutiny over a plea agreement he made years ago with billionaire financier Jeffrey Epstein, when Acosta was a federal prosecutor in Florida....
21:39 2019-07-12

Japan, South Korea diplomats trade words in escalating row over wartime forced labor Japanese Foreign Minister Taro Kono summoned South Korea's ambassador on Friday in a deepening diplomatic row over compensation for Korean wartime forced labor that threatens global supply of memory chips and display screens....
06:52 2019-07-19

Acosta's replacement at Labor faces scrutiny for work with disgraced lobbyist Jack Abramoff Incoming acting Labor Secretary Patrick Pizzella will take the helm of the department following the resignation Friday of Alex Acosta, who faced scrutiny over his role in prosecuting alleged sex trafficker Jeffrey Epstein more than a decade ago....
17:39 2019-07-12

Japan export curbs on South Korea may widen rift over wartime labor compensation Japan's restrictions on certain tech exports to South Korea are deepening a decades-long feud over wartime forced labor and may make compromise harder as leaders in both countries appeal to their political bases....
11:39 2019-07-12

Trump to Nominate Late Supreme Court Justice Antonin Scalia’s Son for Labor Secretary We all know that President Trump met up with nepotism in a back alley, punched it in the balls, and hit it over the head with one of Ivanka’s kitten heels from her cruisewear line that seems to be exclusively sold at Marshall’s....
04:00 2019-07-20

Labor Secretary Acosta announces he will step down, amid criticism over Epstein plea deal Labor Secretary Alexander Acosta will be stepping down in a week over his past involvement in a highly controversial plea deal for financier Jeffrey Epstein, who is now facing sex trafficking charges. ...
16:13 2019-07-12

South Korean forced labor victims to seek Japan's Mitsubishi asset sale South Koreans forced to work for Japanese occupiers will seek a court order to forcibly liquidate Japan's Mitsubishi Heavy Industries' assets to compensate them, their lawyers said on Tuesday, risking more Japanese anger over the issue....
09:26 2019-07-16

Amid calls to resign, Labor chief Alex Acosta defends deal with Epstein in 2008 Labor Secretary Alex Acosta said Tuesday prosecutors have more evidence against Jeffrey Epstein than he did a decade ago, when he gave the billionaire philanthropist and sex offender an immunity deal....
21:52 2019-07-09

Nancy Pelosi calls for Labor Secretary Alex Acosta's resignation over deal cut for Jeffrey Epstein Tom Williams/CQ Roll Call Speaker of the House Nancy Pelosi called for the resignation of Labor Secretary Alex Acosta for his involvement in a non-prosecution deal for financier Jeffrey Epstein, who was then being investigated under suspicion of sexually abusing underage girls in Florida. The non-p...
17:52 2019-07-09

Japan, South Korea diplomats trade words in escalating dispute over wartime forced labor Japanese Foreign Minister Taro Kono summoned South Korea's ambassador on Friday in a deepening diplomatic dispute over compensation for Korean wartime forced labor that threatens global supply of memory chips and display screens....
08:00 2019-07-19

United Auto Workers union opens tense labor talks with Ford, GM, Fiat Chrysler The talks are expected to be the most contentious in a decade amid "America first" policies from the Trump administration, a tight labor market and thousands of job cuts and cost reductions as the industry prepares for an expected economic downturn....
19:26 2019-07-15

Trump defends 'excellent' labor secretary amid scrutiny over Epstein plea deal – live Donald Trump ignores calls for Alexander Acosta to resign over role in securing a lenient 2008 plea deal for financier Jeffrey EpsteinSign up for the US briefing and get a new perspective 9.43pm BST Senator Joe Manchin, a Democrat of West Virginia, has a plan to force the US Soccer federation to pay...
23:00 2019-07-09

Labor Secretary Acosta defends role in Epstein plea deal, faults state prosecutors Labor Secretary Alexander Acosta pushed back Wednesday against calls for him to step down over his past involvement in a plea deal for financier Jeffrey Epstein, who was charged in federal court this week with sex trafficking -- saying his office fought for a tougher punishment after state prosecuto...
22:26 2019-07-10

Bernie Sanders defends campaign salaries after Post report of labor dispute with unionized organizers The senator’s campaign was the first to unionize some of its staff, who have complained that they make less per hour than the $15 minimum wage Sanders supports....
07:39 2019-07-20

Eugene Scalia, Trump's labor nominee, frustrated Obama's agenda with mastery of legal minutiae President Trump’s nomination of Eugene Scalia to lead the Labor Department would put one of the private-sector attorneys most responsible for frustrating the Obama administration’s labor policy agenda in charge of the current administration’s agenda....
07:39 2019-07-20

Japan to tighten curbs on tech material exports to South Korea amid wartime labor row Japan will tighten restrictions on exports of high-tech materials used in smartphone displays and chips to South Korea in response to a South Korean ruling on war-time forced labor, the industry ministry said on Monday....
04:39 2019-07-01

Trump's labor chief Acosta defends Epstein plea deal, calling him 'a sexual predator' U.S. Labor Secretary Alexander Acosta on Wednesday dismissed calls for his resignation and defended a non-prosecution agreement he approved more than 10 years ago with financier Jeffrey Epstein, who has now been charged with sex trafficking in underage girls....
23:39 2019-07-10

Exit poll for the Dutch shows fractured European Parliament vote: Labor gets 5 seats, populists get 4 out of 26 total THE HAGUE, Netherlands (AP) — Exit poll for the Dutch shows fractured European Parliament vote: Labor gets 5 seats, populists get 4 out of 26 total. The post Exit poll for the Dutch shows fractured European Parliament vote: Labor gets 5 seats, populists get 4 out of 26 total appeared first on LEX18....
21:26 2019-05-23

Alex Acosta resigns as labor secretary amid intense scrutiny of his handling of Jeffrey Epstein case Epstein, a financier, was indicted this week on charges of sex trafficking. In 2008, Acosta signed off on a plea deal for Epstein after similar accusations that was widely viewed as too lenient....
17:13 2019-07-12

Japan's labor minister dismisses calls to drop women's obligation to wear high heels in offices Japan's labor minister said it is "necessary" for companies to enforce dress codes that require women to wear high heels, according to Kyodo News....
06:13 2019-06-06

Labor fight roils Bernie Sanders campaign, as workers demand the $15 hourly pay the candidate has proposed for employees nationwide The senator’s campaign was the first to unionize, a fact Sanders has touted, but its employees say they are struggling to make ends meet, documents show....
03:26 2019-07-19

'We need change': Amazon workers are planning a labor strike on Prime Day Workers at an Amazon warehouse in Minneapolis are using the Prime Day strike to push for higher pay and better working conditions.       ...
19:13 2019-07-10

NGO's softly-softly tactics tackle labor abuses at Malaysia factories Transparentem didn’t rush to expose abuses at five factories and shame their western customers – instead it asked the companies to work with the factories to fix the problemsThe 18-month investigation unearthed serious abuses at five apparel factories in Malaysia – hundreds of migrant workers had pa...
15:26 2019-06-22

Trump nominates Eugene Scalia, son of Supreme Court Judge Antonin Scalia, as labor secretary Reuters President Donald Trump says he will nominate lawyer Eugene Scalia, son of the late Supreme Court Justice Antonin Scalia, to be his new labor secretary. Trump tweets that Scalia "is highly respected not only as a lawyer, but as a lawyer with great experience working with labor and everyone e...
09:26 2019-07-19

Trump to nominate Gene Scalia, son of late Supreme Court Justice Antonin Scalia, for secretary of labor President Trump on Thursday night announced he's nominating attorney Gene Scalia, the son of the late Supreme Court Justice Antonin Scalia, to replace Alex Acosta as secretary of labor....
11:39 2019-07-19

'Mr. Acosta should not be allowed to rewrite history': Former Florida state's attorney issues sharp rebuke of Labor Secretary Alex Acosta AP Photo/Manuel Balce Ceneta Former Florida State Attorney Barry Krischer responded to US Secretary of Labor Alexander Acosta, after he pinned blame for financier Jeffrey Epstein's lenient sentence on the State Attorney's office, saying Acosta's "recollection of this matter is completely wrong." Ac...
08:39 2019-07-11

The Fed Follows the Market Yet Again This article from Financial Forecast co-editors Steven Hochberg and Pete Kendall explains why the Fed DOES NOT drive interest rates. See the crystal-clear facts and evidence that uncovers the truth behind this common misconception....
14:52 2019-05-21

What you need to know before getting into housing market Home buyers aren't rushing into the housing market. Doug Duncan, Fannie Mae chief economist, and CNBC's Diana Olick join 'The Exchange' to discuss what's holding them back....
22:13 2019-05-29

UK new car market declines again in May A 4.6% year-on-year fall in registrations was recorded as diesel declined for the 26th consecutive month Britain’s new car market continued its negative trend in May in the face of continued political instability, a fall in consumer confidence and uncertainty over diesel. A total of 183,724 new ca...
14:39 2019-06-05

How to Capitalize on Market Corrections Market corrections can be a great place to jump in, or even add to your position -- and be ready to capitalize on the resumption of the trend. But how do you know when a correction might end? You'll get your answers in this short video....
23:26 2019-06-27

The Bond Market Is Trying to Tell Us Something (Worry) Bond yields, the yield curve, inflation expectations, Fed-rate predictions. The bond market might seem indecipherable but it’s full of important clues about the economy....
17:52 2019-05-30

A Tanker War Would Rock the Oil Market Oil prices briefly surged following attacks attributed to Iran near the Strait of Hormuz, and comparisons to the ineffective Tanker War of the 1980s shouldn’t reassure us about how bad it could get....
19:26 2019-06-13

Have your first $1,000 to invest? Don't even think about the stock market Looking for a hot stock tip to get started on growing your wealth? Have your first $1,000 to invest in the market but not sure where to put it? Here's the only answer that makes sense....
19:39 2019-05-29

Fed's Evans: The market is seeing something 'that I haven't seen yet' At a time when markets are anticipating at least two interest rate cuts before the end of 2019, Evans did not commit to any further loosening of policy....
15:26 2019-06-04

Understanding China’s ‘One-Way Bet’ Property Market The history of China’s housing market is short by global standards, since private home ownership only began in 1998. But what a two decades it’s been. Home prices have skyrocketed, creating a mentality that real estate is a one-way bet. The government’s bouts of imposing restrictions then removing t...
14:26 2019-05-29

Facebook tries another pay-for-data market research app Facebook is launching a new market research app to gather data from users' phones. The company wants to know which apps users have installed, the amount of time they spend on those apps and users' device and network types. In exchange, users will be......
20:26 2019-06-11

BMW joins electric scooter market BMW has joined Volkswagen in launching an electric scooter. The 799-euro ($890) scooter is similar to those offered by sharing services Bird Rides and LimeBike....
18:39 2019-05-24

This buyback-focused ETF is beating the market—here's how TrimTabs' All-Cap U.S. Free-Cash Flow exchange-traded fund is beating the market this year by focusing on high-quality buyback programs, says its manager....
01:00 2019-06-30

Ron Insana: There's much more this market should be worried about than just the trade war So, its not just the trade war that is providing bricks in the market's "wall of worry." It's many things all occurring in the run-up to the 2020 presidential elections in the U.S....
18:26 2019-05-30

30 years of capital market progress Asia Pacific used to be an afterthought for global banks, but thanks to China, it is now one of the world’s most important financial regions. Where once bond and loan bankers might do 20 deals a year, now that’s a week’s work. And billion-dollar IPOs are a regular occurrence. What can we learn from ...
12:39 2019-06-28

Owl Rock's IPO Boosts Niche Market Asset manager Owl Rock’s business development company, with a valuation of about $6 billion, highlights the growth potential for private debt markets as institutional investors expand to remote corners of Wall Street....
18:00 2019-07-19

Why Boeing was up in the pre-market on news it will take $5B charge Boeing was up in the pre-market despite its plan to take a $4.9 billion charge to compensate their customers affected by the 737 Max. CNBC's "Squawk on the Street" discusses what this means for the stock....
20:52 2019-07-19

Huawei's sales dropped 30% in one key market following US ban A large drop in sales for Huawei as a direct result of its US ban has been reported multiple times over the course of the past week. Throughout the process, however, the company has remained pretty quiet. But speaking at a press conference held in Madrid earlier today, Huawei finally admitted that i...
15:52 2019-05-29

Slack going public in a red-hot IPO market, with a twist Workplace messaging firm Slack is about to go public in a red-hot IPO market, but it's approach to going public--using a "direct listing"--is slightly different than an IPO....
15:52 2019-06-20

Here's how the red-hot IPO market can continue to burn bright Wall Street has IPO fever, and Renaissance Capital principal Kathleen Smith says healthy demand for these upstarts should keep the market red-hot this year....
16:39 2019-06-18

BDCs add mid-market CLOs to funding mix NEW YORK, June 17 (LPC) - FS KKR Capital Corp is the latest Business Development Company (BDC) to issue a middle market Collateralized Loan Obligation (CLO) fund as the sector seeks to diversify funding sources and drive portfolio growth....
00:00 2019-06-18

There's a 'self-correcting' force in the oil market: Strategist Jurrien Timmer of Fidelity Investments says he expects oil prices to move higher, but "not in a material way" because U.S. producers can increase production in response to high prices....
10:13 2019-06-14

Pearson goes 'digital first' in U.S. college market Pearson, the world's biggest education company, will release all its titles for the United States college market in digital form first, in a break from the traditional and more expensive textbook publishing model....
01:52 2019-07-16

FX: Drawing a line under market movements Stop-loss orders have proved their worth again in 2018, protecting retail FX traders in particular from increased volatility in emerging market currencies....
15:26 2019-05-21

The Market Wasn't Surprised by What the Fed Didn't Do Who (or what) drives interest rates? Most investors, the financial media and Wall Street assume "the Fed does." Now see the crystal-clear facts and evidence that show otherwise....
15:00 2019-05-21

Bugatti Says Its New Car Will Have a Body 'Which is Not Today on the Market' But What Could That Be? Bugatti, a maker of rapidly-moving motor carriages targeted at people who could also afford to buy, say, a locomotive if they so chose, revealed, via an interview with their president, Stephan Winkelmann, that an upcoming next Bugatti would have a body style that’s “is not today on the market.” What...
17:13 2019-05-21

Local Can Be Lucrative in a Bear Market In a bull market, investment and business opportunities seem to be everywhere, to the point they're almost hard to miss. Bear markets, on the other hand, are more challenging. Even so, the opportunities are there -- if you know where to look....
01:26 2019-06-04

India's Bond Market Could Benefit From Some Sin While governments in emerging markets have spent decades developing domestic bond markets, the finance ministry of the world’s second-most populous nation is turning to foreign-currency debt. Strangely, that might not be a bad idea....
14:13 2019-07-09

House used in ‘Sopranos’ TV series on the market NORTH CALDWELL, N.J. (AP) — Two decades after the debut of the Sopranos, the house used in the filming of the HBO series is up for sale — long driveway, kitchen island and all. The New York Times reports that owners Patti and Victor Recchia listed the North Caldwell, New Jersey home for a “sta...
21:39 2019-06-01

At $23,900, Does This Grey Market 2001 Audi S3 Have You Seeing Red? There’s something intrinsically rewarding about having something few others can share. Today’s Nice Price or Crack Pipe S3 is claimed to be one of only five in the entire U.S., which makes it as exclusive as can be. Does that fact mean it should be as pricy as it is?...
14:13 2019-06-11

Two risks that could surprise the market in the second half While Wall Street focuses on U.S.-China trade war dangers, Medley Global Advisors' Ben Emons sees two risks making a comeback in the year's second half....
04:39 2019-07-01

Is the stock market closed for Memorial Day? U.S. stock and bond markets are closed on Monday to observe Memorial Day. Foreign financial markets will be open.        ...
19:01 2019-05-24

Is the stock market closed July 4th? U.S. stocks and bond markets are closed Thursday for July 4th and will close early on Wednesday. Foreign financial markets will be open.       ...
21:26 2019-07-02

Three things could cause a 'second wave' in the market sell-off The combination of mounting recession fears, bets on a more cautious Fed and a regular uptick in market volatility could spell more losses, writes Nomura....
19:39 2019-05-24

Why Target Date Funds Dominate The 401(k) Market Target Date Funds are soaring in popularity but they can vary widely. Here are some tips for investors looking to invest in one of the hottest growing areas of investing....
15:39 2019-05-21

Pharma's market: the man cleaning up Africa's meat In Namibia a country of meat-lovers, vital expertise is needed to stop livestock spreading diseasesWreathed in barbecue smoke, Vetjaera Haakuria gestures at the men butchering meat and cooking it over hot coals behind his back. “What have you learned about the risks of eating this?” he asks his youn...
06:13 2019-07-10

The stock market is inches away from a new high and the Fed could push it over the top The S&P 500 is closing in on its all-time high, and is likely to sail past it, as long as the Fed promises lower interest rates and the trade war calms down....
00:13 2019-06-19

Kate Spade’s Manhattan apartment goes on the market The Upper East Side co-op where fashion icon Kate Spade ended her life more than a year ago is on the market for $6.35 million, sources said. The late designer and her widower Andy Spade bought the 3,000 square-foot, third-floor pad in 1999 for $2.675 million — the same year they sold their controll...
02:13 2019-06-20

Loan Market Splits Between 'Haves and Have-Nots' Some lower-rated businesses are being forced to pay up to complete new debt offerings even as others attract robust demand for their bonds and loans, a sign the debt market is bifurcating at a time of increased uncertainty about the economic outlook....
01:26 2019-06-18

What Is the Greatest Farmers' Market Stand in Your City? It’s prime season for farmers’ markets: local tomatoes, avocados, blueberries, corn, all the best produce in the Northern Hemisphere. But my favorite greenmarket stand is the one that sells lamb meat and wool. (It took me a little while to make the connection!) Yes, I’m in love with Catskill Merino,...
17:13 2019-07-08

S&P Rating Is Landmark for Chinese Bond Market S&P Global became the first foreign credit-rating company to offer an independent assessment of risk in China’s vast domestic debt market, giving a top grade to a unit of the country’s largest bank....
20:39 2019-07-11

G20 energy ministers to collaborate to keep market stability Energy ministers from the Group of 20 major economies have shared concerns over attacks on tankers in the Gulf and will collaborate to maintain stability in the oil market, Japan's Industry Minister Hiroshige Seko said on Saturday....
19:13 2019-06-15

SEC reforms open door to BDC market shakeup NEW YORK, July 11 (LPC) - The US Securities and Exchange Commission’s (SEC) fund of funds proposals potentially open the door to a shakeup in the Business Development Company (BDC) market....
20:39 2019-07-11

All eyes on Fed as stock market pines for rate cut The Federal Open Market Committee meeting next week is shaping up as a pivotal one for Wall Street, with stocks primed for a selloff should the Fed fail to take an even more dovish tilt after policymakers raised expectations for a rate cut in recent weeks....
21:26 2019-06-14

Chewy Shares Surge in Market Debut Shares of Chewy opened above its initial-public-offering price as the online pet-products retailer made its trading debut on the New York Stock Exchange....
20:52 2019-06-14

Market conditions blamed as £3.3bn London IPO suspended Reinsurance giant Swiss Re has suspended plans for a £3.3bn London stock market flotation of its subsidiary ReAssure, blaming "heightened caution" among investors....
12:52 2019-07-11

This Simple Bar Pattern Can Tip You Off to Major Reversals in Any Market What's your favorite reversal indicator? Is there something you look for on a price chart that tips you off to a major trend change? Bestselling author, Jeffrey Kennedy, shares one of his favorite bar patterns that does just that. He shows you an example of how this bar pattern has recently prepared...
20:52 2019-06-13

Here's who will get rich from Slack's stock market debut Accel's public market debut on Thursday will generate billions for venture firm Accel and healthy returns for Andreessen Horowitz and Social Capital...
02:39 2019-06-20

Your "Single Most Reliable Indicator" for Market Turns This indicator helps to keep you ahead of turns in stocks, bonds, gold, oil and other financial markets. Learn about it, and see two bond charts which provide a historic example of how this "reliable" signal works......
15:00 2019-05-21

EU Fines Qualcomm for Second Time Over Market Abuse The EU hit US chipmaking giant Qualcomm with an antitrust fine of 242 million euros ($271 billion) Thursday, in another blow against a tech titan that is fighting competition battles in Asia and the......
18:13 2019-07-18

Artificial Intelligence: 3 Reasons to Fear a b-A.I.-r Market You name the industry -- from cyber-security to healthcare, telecom to transportation, big data to... baby diapers! -- high growth companies across the globe are investing in Artificial Intelligence technology at an astounding rate. But could there be a reason to fear a boom-bust cycle ahead? No... ...
23:26 2019-05-21

Jackie O’s island getaway hits the market for $65M AQUINNAH, Mass. (AP) — The Martha’s Vineyard estate of former first lady Jacqueline Kennedy Onassis is on the market for $65 million. Red Gate Farm in Aquinnah on the Massachusetts island was a sheep farm and hunting cabin when Kennedy Onassis bought it in 1979. She added a more than 6,000-squ...
18:39 2019-06-28

Market High from Trump-Xi Trade Truce May Not Last A number of assets are likely to react positively to the outcome of this weekend’s trade talks between the U.S and China, but financial markets may not be quite as exuberant as investors digest the longer-term implications of the meeting....
14:26 2019-06-29

PSA Sales Slide On Emerging-Market Setbacks French carmaker PSA Group's vehicle sales fell 12.8% in the first half as emerging markets weighed on its overseas business, challenging the trajectory of the Peugeot manufacturer's recovery....
17:39 2019-07-15

Painting bought at market for under $300 may be a legit Picasso Most yard sales have old VHS tapes and ceramic figurines, but maybe you’re just luckier when you’re shopping out of the trunks of cars.        ...
00:39 2019-05-22

India PC Market Shrinks 8 Percent in Q1, HP Leads: IDC With a market share of 28.1 percent in the first quarter of 2019, HP maintained its leadership position in the Indian personal computing (PC) market, IDC said...
15:39 2019-05-23

The market has been going straight up in 2019 — here's why the second half could be a 'grind' The bull market celebrated its 10-year anniversary with one of its strongest first halves on record, but the second half of 2019 could present some turbulence for the market....
00:52 2019-07-02

Second-Quarter Earnings to Test Soaring Market The next test for the highflying stock market begins this week as companies kick off reporting what could be their biggest quarterly profit contraction in three years....
15:52 2019-07-14

ITG acquisition seen bolstering Virtu’s place in FX market Analysts believe Virtu Financial’s acquisition of ITG is largely a positive development for customers of both firms and the wider FX market, despite lingering concerns over access to institutional customer data....
15:26 2019-05-21

CarMax record Q1 illustrates used-car market strength CarMax retailed 224,268 used vehicles, a 13 percent spike, during its first quarter. Same-store used-vehicle sales rose 9.5 percent compared with a dip of 2.3 percent in the year-ago period....
18:13 2019-06-21

Get the best iPhone 8 deal on the market thanks to this exclusive offer Combating the high prices of iPhone deals in 2019, we've tracked down an offer to get you Apple quality without busting into the savings account. And the best part? It's completely exclusive to you readers of TechRadar.Taking an already market leading iPhone 8 deal and adding a code to kno...
16:52 2019-05-22

Almost ALL Stock Market Reversals Exhibit This One Trait Elliott Wave International analysts study more than 100 indicators. Among them are indicators which provide insights into the stock market's momentum. Take a look at this revealing chart......
01:26 2019-07-10

‘They’re gentrifying it’: big money muscles in on the cannabis market At the Cannabis Europa conference this week, business interests will be well represented – to the dismay of veteran campaignersLater this week at London’s Southbank Centre, hundreds of people – mainly men, mainly suited – will gather in a lecture hall and in conference rooms to debate the medicinal ...
10:52 2019-06-23

Need a college graduation ticket? There's a black market for that Tickets for New York University’s 2019 commencement ceremony are being advertised for as much as $250It’s graduation season in the United States, which means lots of caps, gowns, pomp and circumstance, corny speeches, selfies – and an underground trade in graduation tickets to top off the celebratio...
21:13 2019-05-22

ECB's policy message well understood by market: Visco Investors have understood the European Central Bank's latest policy message "very well", ECB policymaker Ignazio Visco said on Sunday when asked about a rise in the euro despite the possibility of new monetary easing....
15:13 2019-06-09

Netflix raises prices in another major market Just months after Netflix announced its biggest price increase ever for US subscribers, The Guardian reports that the UK is getting a similar bump starting this week. As was the case for the US in January, this is the first time that prices for the streaming service have increased since 2017, but th...
21:52 2019-05-31

Xiaomi wants to dominate the smartphone market with Redmi's help The Redmi Note 7International markets are becoming increasingly more important to Xiaomi. And in an interview with Sina Tech, the CEO of Xiaomi’s sub-brand Redmi, Lu Weibing, did nothing to hide this fact and openly detailed the company’s plans for global domination.Over in India, as Weibing pointed...
23:39 2019-05-31

UPDATE 2-Crocs to cut Chinese production for U.S. market Crocs Inc will aim to cut the volume of its shoes and accessories produced in China for the U.S. market by more than two-thirds over the next year, as it guards against the impact of President Donald Trump's trade war with Beijing....
16:26 2019-06-11

How rising depreciation will affect the used-vehicle market Last year's depreciation rates were relatively low thanks to several factors that simply can't last forever. The rate is expected to grow this year, which will affect the used-vehicle market....
07:39 2019-05-25

The Art Market Is Exploding. Meet the Dealers Who Lit the Fuse. A dishy look at the art world’s most powerful gallerists — including Larry Gagosian and David Zwirner — “Boom,” by Michael Shnayerson, recounts how artworks became multimillion-dollar commodities....
21:26 2019-05-22

Private collectors key to boosting Russia’s art market Private collectors have become key players in Russia’s art market at a time when sanctions and economic woes have pushed culture down the Kremlin’s agenda...
10:01 2019-06-02

Brazil's TIM wants to rival Vivo in mobile market: CEO Brazilian wireless carrier TIM Participacoes SA wants to be seen as an alternative to Telefonica Brasil SA, TIM's chief executive said on Tuesday, adding that Brazil would struggle to roll out 5G technology without more antennas....
23:00 2019-06-04

Regulators, Investors Zero In on Corporate Debt Market A decadelong rise in corporate borrowing is prompting new scrutiny from investors and regulators about how debt markets might hold up in an economic downturn....
15:13 2019-05-27

Fairway Market Opens a Cooking School The Cooking Place, on the second floor of its flagship Upper West Side location, will host a variety of classes, covering topics like Chinese takeout and knife skills....
18:39 2019-06-10

China says foreign firms welcome to participate in 5G market China's industry ministry said on Thursday that it will continue to welcome foreign enterprises to actively participate in the country's 5G market after it granted licences to four domestic companies....
08:13 2019-06-06

Another Emerging-Market Crisis May Be Brewing in Asia Pakistan has agreed its 13th IMF bailout since the 1980s. Steering a recovery may be a tougher task than winning the world cup for cricketer-turned-PM Imran Khan....
03:13 2019-06-13

Freight Market Shifts into Lower Gear Sagging prices and mixed economic signals are casting a cloud over the U.S. freight market as bad weather and trade concerns bog down the spring shipping season....
15:13 2019-05-24

The market now thinks the Fed will cut rates twice by late January Futures trading indicated a 63% chance of a September cut and a 62% probability of another easing in January, according to the CME's FedWatch tool....
20:26 2019-05-29

Lance Bass’s old condo is back on the market for $2.5M The former Chelsea Mercantile home of Lance Bass, best known as a member of the hit ’90s boy band NSYNC, is back on the market for $2.5 million. The seller is Ellen Kroner, AMC Network’s ex-chief communications officer, who worked on shows like “Mad Men” and “Breaking Bad.” Kroner bought the two-bed...
03:13 2019-06-13

If the Fed Cuts, History Provides Guide to Market Impact The consensus view is that the Federal Reserve will cut interest rates soon as a form of insurance against persistently low inflation. Fed behavior patterns from previous years hold lessons now for investors....
15:39 2019-06-13

Forecast Sees U.S. Warehousing Market Cooling Down In the next three years, the rate of annual demand growth likely will decline to a little below 0.9%, nearly half the level of 2018, according to a forecast released Thursday by the Deloitte Center for Financial Services....
19:00 2019-05-30

After a Scandal, the New Orleans Jazz Market Rises Again One of the city’s newest musical landmarks and its Grammy-winning jazz orchestra are pushing forward as two members of its original leadership team await trial for embezzlement....
00:13 2019-05-29

Busy IPO Market Offers Lifeline to Troubled Retailers A thriving market for IPOs is helping ease tensions between a pair of struggling retailers and their lenders, as Neiman Marcus and PetSmart explore selling their e-commerce platforms....
13:39 2019-06-12

Buoyant U.S. stocks at odds with downbeat market signals Even as record highs this week in the major U.S. stock indexes telegraph confidence on Wall Street, caution abounds in other U.S. markets, where falling bond yields and flailing small-cap stocks indicate investors are torn about where to place bets....
11:13 2019-07-06

BMW CEO Steps Down After a Too-Cautious Strategy Loses Market Share Having presided over the German marque for four years, Harald Krueger is stepping down as CEO of BMW. He will not seek an extension of his contract, effective through April of 2020, and the board will meet to discuss finding his successor on July 18th. In the meantime, Krueger will remain in positio...
23:13 2019-07-06

Speculators’ Verdict on Stock Market's Future Volatility Many Main Street investors are probably unaware that some of the highest-paid Wall Street professionals are consistently wrong at major market turns. With that in mind, learn about an extreme consensus these professionals have reached on this aspect of the stock market, so you can confidently prepar...
14:39 2019-05-21

Samsung to Launch 3 New Tablets in Indian Market Next Week Samsung is set to launch Galaxy Tab S5e in the Rs. 35,000-Rs. 40,000 price range, Galaxy Tab A10.1 in the Rs. 15,000-Rs. 20,000 range, and Galaxy Tab A8 around Rs. 10,000 early next week....
21:52 2019-06-21

Nonfiction: The Art Market Is Exploding. Meet the Dealers Who Lit the Fuse. A dishy look at the art world’s most powerful gallerists — including Larry Gagosian and David Zwirner — “Boom,” by Michael Shnayerson, recounts how artworks became multimillion-dollar commodities....
17:52 2019-05-21

Value investments are the cheapest in 30 years, but some market watchers say beware Value-oriented investments are at at the biggest discount ever, according to J.P. Morgan, but some market watchers aren't convinced they're buys....
14:52 2019-06-10

The market is full to the brim with brilliant big data SIM only deals right now For those looking to invest in a brand new big data SIM only deal, you're pretty much spoilt for choice right now. In fact, with so many impressive offers, dare we say it is one of the best SIMO line-ups we've ever seen? Dare, we shall.With offers ranging from 25% discounts on unlimited da...
02:00 2019-06-22

Sketchy $85M ‘trip to space’ apartment yanked from market New York’s most expensive — and phoniest — apartment is history. Listed for $85 million, the penthouse of the Atelier at 635 W. 42nd St. had commanded an impressive position on Manhattan’s residential market since 2013. But last week, The Post once again exposed the listing for what it was: an astro...
23:52 2019-06-12

Trump tries to shut Huawei out of US market with executive order Enlarge / Customers purchase mobile phones at the Huawei Experience Center on May 16, 2019 in Hangzhou, Zhejiang Province of China. (credit: Getty Images | VCG/Long Wei) The Trump administration yesterday took two actions that could effectively prevent Huawei from buying US technology and prevent ...
16:39 2019-05-21

Syndergaard? Scherzer? Inside MLB’s intriguing trade market The MLB draft ran from Monday through Wednesday. As the process was concluding, word began circulating that Craig Kimbrel would be signing with the Cubs. Twenty-four hours later, Dallas Keuchel was in agreement with the Braves. With that, the trade market opened in a broader way. Teams deploy so man...
23:39 2019-06-08

Cboe FX Reports Record Market Share in October NEW YORK and LONDON – November 16, 2017 – Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today announced its foreign exchange (FX) market, Cboe FX, reported record market share of 14.5% in October, surpassing its previous record of...
21:52 2019-05-21

Sources: Grizz explore trade market for Iguodala The Grizzlies do not intend to give forward Andre Iguodala a buyout before the season and are actively exploring the trade market for the former Finals MVP, league sources told ESPN....
08:26 2019-07-04

UK regulator investigates role of Facebook, Google in ad market Britain's competition regulator has launched an investigation into the power wielded by Facebook and Google in digital advertising markets, including the ownership of data....
17:39 2019-07-03

Huawei's phone sales have taken a huge hit in another major market Although Huawei’s US trade ban hasn’t yet affected the company’s ability to deliver existing smartphones to customers, the uncertainty surrounding the current situation has led to a drop in demand for the brand. This is especially noticeable in one of Huawei’s biggest international markets.According...
18:52 2019-06-11

Big Banks' Trading Desks Suffer Despite Market Rally Three big U.S. banks say their trading revenue was on track to fall roughly 5% in the second quarter from a year earlier despite a rebound in stocks in 2019....
18:13 2019-06-28

New "CBOE Options Hub" Designed For Active Market Participants CHICAGO, IL - April 8, 2013 -- The Chicago Board Options Exchange (CBOE) today launched its new "CBOE Options Hub" (www.cboeoptionshub.com) -- a comprehensive platform designed to be the "hub" of CBOE's industry-leading social media program and the definitive online source for up-to-the-minute n......
06:39 2019-05-22

Google Stadia is forgetting one key market: mobile gamers When Google Stadia was launched, it seemed like it could transform mobile gaming from a realm of basic puzzle games and mixed ports, to a genuine competitor to console gaming – but perhaps we should have waited for more information before getting our hopes up.in the run-up to E3 2019, Google ...
16:39 2019-06-30

Oil prices fall as market awaits G20, OPEC meeting Oil prices eased on Friday in a cautious market, as traders eyed a scheduled meeting between U.S. President Donald Trump and Chinese President Xi Jinping at the G20 summit and next week's OPEC meeting....
07:13 2019-06-28

Vera Wang’s old penthouse back on market for $60K a month Fashion designer Vera Wang’s former penthouse at 35 E. 63rd St. is back on the market as a $60,000-a-month rental — down from its $65,000 asking price in May. Wang lived there from 2015 to 2017, while she was waiting for the renovation of her apartment at tony 740 Park Ave. to be completed, as......
22:39 2019-06-27

Ford to cut 12,000 jobs in Europe amid struggling car market Six of company’s 24 European factories will close by end of 2020 under the plansThe US vehicle maker Ford plans to cut 12,000 jobs across Europe as it tries to turn around the struggling business in a European car market forecast to shrink this year for the first time in six years.Ford’s chief execu...
19:13 2019-06-30

VW piles into crowded car-sharing market with all-electric fleet The WeShare offering, which has started in Berlin, could help Volkswagen bolster its push into electric vehicles by making them more visible to consumers....
18:52 2019-06-27

Why India’s Troubled Shadow Banks Spook the Market India’s $42 billion shadow-banking system has been creaking since one of the country’s biggest infrastructure lenders unexpectedly halted debt repayments in 2018. Investor nerves were rattled again in June when a major mortgage lender delayed bond interest payments, indicating credit markets remain ...
11:26 2019-07-02

Emerging Market Central Banks Keep Cutting Rates Then, interest rate hikes by emerging market central banks outstripped or matched cuts for nine straight months as they battled the fallout from a strong dollar, rising inflation and softer......
21:52 2019-07-02

Tech's Best Stretch Since 2011 Rejuvenates Market Rally Technology stocks just posted their best five-day stretch in 7½ years, as investors embrace monetary- and trade-policy shifts widely perceived as supporting higher prices....
12:13 2019-06-11

How the average American millionaire is managing their money in this market CNBC's latest Millionaire Survey finds that America's wealthy remain confident in stocks and the economy even as trade wars persist and President Trump and the Federal Reserve spar over interest rates....
19:52 2019-06-12

Deutsche Telekom first to market in Germany with limited 5G rollout Deutsche Telekom stole a march on its competitors by announcing a limited rollout of 5G services in its German home market on Wednesday, targeting urban users with the high-speed mobile technology....
15:00 2019-07-03

FDA approves ‘female Viagra,’ could tap potential $1 billion market Vyleesi, chemically known as bremelanotide, activates pathways in the brain involved in sexual desire, helping premenopausal women with hypoactive sexual desire disorder (HSDD)....
04:13 2019-06-22

How to Forecast a "Years-Long Bear Market" in Commodities In this interview with Dana Weeks, Trader's Classroom editor Jeffrey Kennedy gives the big-picture details of an even bigger forecast in commodities ... back in 2011....
21:00 2019-05-21

UK watchdog shakes-up "dysfunctional" bank overdraft market Britain's banks and building societies will have to charge the same amount for all overdrafts from April 2020, the Financial Conduct Authority said on Friday in what it called the most radical change of its kind in a generation....
08:26 2019-06-07

Syrian air strike on village market kill at least 12: rescuers At least 12 people were killed and scores wounded on Tuesday in aerial strikes believed to have been carried out by the Syrian air force on a popular market in a village in opposition-held northwestern Syria, rescuers and residents said....
21:52 2019-07-16

One market analyst says a stock pullback 'may lie directly ahead' Canaccord Genuity's major indicators are approaching levels they were at right prior to or during the market correction in May, suggesting a market pullback is coming....
23:26 2019-07-16

60 Wall St. taps CBRE to market office space The owners of 60 Wall St. have tapped CBRE to market the tower’s 1.7 million square feet of office space once Deutsche Bank moves out, sources said — a pivotal moment in the 30-year-old tower’s history. The CBRE assignment, which followed what an insider termed a “fierce” competition among major bro...
14:52 2019-05-21

Take a look inside a Charles Manson murder house on the market for $1.98M The house of Leno and LaBianca Rosemary is back on the market almost 50 years after they were murdered by the cult serial killer and his followers.        ...
18:26 2019-07-17

China selling US treasuries is not hurting US bond market China’s holdings of US government securities are now the lowest they’ve been in two years at just $1.13 trillion. The Chinese have been selling treasuries that they own and not buying. Theoretically that should hurt the US bond market and cause interest rates to go up. But, so far, it hasn’t happene...
14:39 2019-05-21

The Greater the Wealth Gap, the Harder the Stock Market Falls? The more the wealth gap grows, the closer the stock market gets to a major peak. See the evidence for yourself during the previous two times the "gap" grew, and the market hit major long-term highs....
14:39 2019-05-21

How to market uber-luxury travel to the super wealthy CEO of Half Moon Bay Antigua, William Anderson, explains to CNBC's James Wright how to sell $25M plots to the super rich, when the resort hasn't even been built....
21:39 2019-05-31

EU Commission fines Qualcomm for second time over market abuse Qualcomm , the world's no.1 chipmaker, was fined 242 million euros ($272 million) on Thursday for blocking a rival from the market about a decade ago, its second EU antitrust penalty....
12:26 2019-07-18

EU fines Qualcomm £217m for forcing UK rival out of the market The European Commission has fined American chipmaker Qualcomm €242m (£217m) for abusing its market dominance with the aim of forcing British rival Icera out of the market....
16:00 2019-07-18

Now the market thinks the Fed could make an even deeper cut to rates later this month Even with better economic data, the market is betting the Fed will now cut interest rates by 50 basis points in July, after dovish comments from two Fed officials Thursday....
00:52 2019-07-19

NY Fed clarifies Williams speech that market took as signal of a rate cut Earlier, Williams delivered a speech at the annual meeting of the Central Bank Research Association in which he said, "It's better to take preventative measures than to wait for disaster to unfold."...
01:52 2019-07-19

"Outright Insanity" on Display in the Global Bond Market Our Global Market Perspective has noted that "we've seen some bizarre behavior among bond market participants in recent years, but the current thirst to buy [these] debt instruments wins the prize." Find out what the Global Market Perspective is talking about as you look at this revealing chart......
14:33 2019-05-21

Honeywell Brings Blockchain to Used Aircraft Parts Market The company is using blockchain to shake up the market for used aircraft components, making it easier to check the certification and origin of a part and speeding up transactions....
15:26 2019-05-29

Cramer: The market is giving Boeing the benefit of the doubt CNBC's "Squawk on the Street" discusses Boeing CEO Dennis Muilenburg's latest comments on the Ethiopian Airlines crash and what he plans for the company going forward....
21:52 2019-05-30

IDC: Apple still led wearables market in Q1 2019, but Huawei grew 282% Apple maintained its top position in the wearables market for the first quarter of this year, but now relies at least as much on AirPods as on Watches.Read More...
21:00 2019-05-30

As rental market heats up, freebies and perks are vanishing Say goodbye to the gift cards, discounts and free amenities from landlords. With rental demand heating up as home buying cools, rent prices are rising and freebies are vanishing....
18:00 2019-05-30

Fed's Kaplan Says Rate Cut Could Be Warranted Based on Bond Market Dallas Fed President Robert Kaplan said he could be convinced by arguments to cut rates based on signals coming from bond markets, even though he hadn’t penciled in any rate cuts this year at the central bank’s June policy meeting....
20:52 2019-07-16

‘Sopranos’ house hits the market with a starting price of $3.4M This New Jersey home was fit for a Soprano — but it won’t cost you a song. For a starting price of $3.4 million, fans of the hit HBO series “The Sopranos” — whose premiere turned 20 in January — can own a big piece of show history. The roughly 5,600-square-foot property that mob boss......
04:13 2019-06-01

Italy and Austria Take the Bond Market to a Very Weird Place Ultra-long Italian debt at 2.85% is the flip-side of the same crazy coin that gave us 100-year Austrian at 1.17%. Investors are in a very weird place....
19:39 2019-07-10

Markets Right Now: Stocks mostly gain; market eyes trade NEW YORK (AP) — The latest on developments in financial markets (all times local): 11:50 a.m Stocks are mostly higher at midday Thursday as investors wait for developments in U.S. trade talks with Mexico. Energy companies and makers of household products led the gainers while manufacturers were the ...
18:39 2019-06-06

Why Sony still dominates the full-frame camera market Before Canon and Nikon even launched their all-new full-frame mirrorless camera systems, I figured they'd have a tough time against the entrenched leader, Sony. They needed to be very aggressive with the pricing and features, something neither compan......
22:26 2019-05-27

Housing market correcting to more sustainable place, says expert Meghan McGarth of Buckingham Research and Skylar Olsen, Zillow director of economic research, join CNBC's "Power Lunch" team to discuss what is happening in the housing market....
07:52 2019-06-06

Strains Emerge in China's $3 Trillion Financing Market Risky borrowers are running into trouble in China and that is putting pressure on trust companies, an important corner of the country’s shadow-banking system....
14:52 2019-07-11

Analyst gives his picks for favorite emerging market bonds Emerging market bonds could perform well going forward, and an analyst from Aberdeen Standard Investments picked three countries he likes — and one he doesn't....
16:00 2019-07-11

Oil on Track for Bear Market Due to Global-Growth Fears The U.S. oil price was on track to sink into a bear market on Wednesday, falling more than 20% below its April peak, as the global-growth worries gripping financial markets were compounded by fears of a supply glut....
20:26 2019-06-05

Oil Closes Higher After Dipping Into Bear-Market Territory Oil prices dipped into bear-market territory before recovering, as economic data have come in weaker than expected and trade tensions between the U.S. and China continue....
21:39 2019-06-04

Gloom in China's light-vehicle market to persist Wholesale deliveries of passenger vehicles fell 7.8 percent to 1.73 million units in June and have now slid for 12 consecutive months, the China Association of Automobile Manufacturers said....
18:39 2019-07-10

Worldwide PC Market Bounces Back in Q2 2019: Gartner, IDC After witnessing two quarters of decline, the global PC market grew 1.5 percent in the second quarter (Q2) of 2019, showed a preliminary report released by Gartner....
20:00 2019-07-12

Talking money with Suzy Welch: 'You don't have to be an expert to get into the market' Investing is a great way to grow your money, but the fear of not knowing enough about the market and losing money tends to scare people off. But life management expert Suzy Welch says you don't need to be an expert to win big....
15:26 2019-05-21

Speed restrictions give FX market participants the hump Speed bumps appear to be gathering favour among stock exchanges, but their potential to level the playing field in the FX market is tempered by concerns around transparency and the impact on trading costs....
15:26 2019-05-21

Hilton Plays Catch-Up in Luxury-Travel Market Hilton Worldwide Holdings plans to open 11 more luxury hotels globally this year as it tries to catch up to its competitors in the growing luxury-travel market....
07:00 2019-07-15

The Junk Bond Market's Message is Loud and Clear Investor sentiment in the junk-bond market usually correlates with stock market sentiment – and major reversals in both. This chart and commentary provides you with insights....
15:00 2019-05-21

Struggles of transport stocks transmit caution to market Add this to worries about Wall Street: The index of planes, trains and trucking companies, considered an important stock barometer of the U.S. economy's health, is struggling....
05:13 2019-06-01

Chevron says new U.S. tariffs may impair development of Mexican market Oil giant Chevron Corp said on Friday the imposition of new tariffs may lead to retaliation by Mexico impairing the development of that nation's recently opened market for imports of U.S. gasoline and diesel....
05:13 2019-06-01

China gears up for Nasdaq-style tech market More than 100 firms have applied to list on the STAR market, which is expected to channel billions to the tech sector. China's past failures at creating its own Nasdaq are prompting some investors to tread with caution....
17:39 2019-07-19

The Complications of Italian Immigration Play Out in the Palermo Market Italy’s fear of migrants is complicated in Palermo, which Bangladeshis and other foreigners call home. Some Italians thank them for confronting the Mafia...
18:13 2019-05-22

Cuomo’s rent regulation will destroy NYC’s housing market In promising to sign a dumb and destructive bill to immortalize rent regulation — a step that will keep tenants who pay artificially low rents in over 1 million apartments from ever giving them up — Gov. Andrew Cuomo has basically told everyone else in New York City to go to hell. It makes it......
05:26 2019-06-13

Chewy shares skyrocket in stock market debut Wall Street lapped up Chewy shares as they made their Friday debut on the New York Stock Exchange. The web-based pet food and supplies seller saw its stock jump as much as 88 percent moments after it opened mid-morning. By 12:35 p.m. ET, investor excitement tempered slightly but shares were still up...
22:26 2019-06-14

Airbus seeks new partners to expand in U.S. space market Airbus' defense division is looking for new partners to expand its presence in the growing U.S. space market, and could potentially build components for a lunar program there, Airbus Defense and Space Chief Executive Dirk Hoke told Reuters....
22:00 2019-06-18

Warning Lights Are Flashing In China's Money Market Risk aversion in China’s money markets appears to be spreading following defaults on short-term bond repurchase agreements and worries about bank creditworthiness. That could trip up the central bank’s efforts to support growth or cause more systemic issues if it isn’t quashed quickly....
14:52 2019-06-18

VW defends launch of high-priced 'mass-market' EV VW said its ID3 will be an electric car "for the millions and not the millionaires." But the ID3 will not be immediately become a car for the masses because the launch edition of the Golf-sized hatchback costs more than the entry version of the midsize Passat....
13:13 2019-06-18

James Ruppert: Why Britain's motoring market is so diverse Just £2000 will net you a lovely Skoda Fabia from 2007 Who? What? Where? Buy? A survey offers a revealing insight into how we’re buying cars What motivates you to buy, how do you do it and how do you finance the whole thing? I’m always interested to find out – and, luckily, you’re always prepared...
07:52 2019-06-18

Newzoo: U.S. will overtake China as No. 1 gaming market in 2019 For the first time since 2015, the United States, not China, will lead the $152. billion gaming market, according to research firm Newzoo's latest reportRead More...
22:39 2019-06-18

Market awarded $44M in racism dispute with Oberlin College ELYRIA, Ohio (AP) — Owners of a market accused of racism have been awarded more than $44 million in a lawsuit claiming Oberlin College hurt their business and libeled them. The jury in Lorain County, Ohio, awarded David Gibson, son Allyn Gibson and Gibson’s Bakery $33 million in punitive damag...
23:39 2019-06-13

Tesco's sales growth slows in subdued UK market Tesco, Britain's biggest retailer, said sales growth slowed in its latest quarter, blaming a subdued overall market that has been hampered by poor early summer weather, sending its shares lower on Thursday....
12:39 2019-06-13

Beware of Tremors in China's Commercial Property Market Things are getting worse in the Chinese commercial property market. Given the fragility of China’s opaque financial system, investors would be wise to keep an eye on the situation....
12:26 2019-06-20

DoubleLine's Gundlach says Fed's 'pivot' is following bond market's lead Jeffrey Gundlach, chief executive of DoubleLine Capital and the most widely followed bond investor, said the Federal Reserve's dovish turn in its policy statement on Wednesday took its lead from the bond market....
02:52 2019-06-20

Russian Pipeline Shutdown Shifts Balance in Oil Market The shutdown of a major Russian pipeline that sends crude to European refineries has fueled concerns of tightness in the global oil market, driving futures prices higher....
15:26 2019-05-22

German bureaucracy keeps refugees out of job market, report finds A new study has found that although many refugees find work, most are in temporary positions. Researchers say that bureaucratic hurdles are just as much a hindrance as personal shortcomings....
19:52 2019-06-18

Cameron Diaz’s former West Village pad hits market for $4M Actress Cameron Diaz made a killing on this West Village condo, which she bought for $2.95 million in 2008 and sold for $4.25 million in 2016. But the buyer, Noel Pittman, wasn’t so lucky and is now listing the stunning pad for $4 million — a quarter of a million less than the purchase p...
17:52 2019-06-14

UK digital bank Monzo takes first steps into U.S. market Fast-growing British digital bank Monzo is launching in the United States through a limited rollout of its app-based checking account and connected debit card, it said on Thursday....
18:13 2019-06-13

Walmart is kickstarting a $1 trillion driverless delivery market As the buzz about human-carting robotaxis starts to short-circuit, an unheralded segment of the driverless future is taking shape and showing promise: goods-moving robovans....
04:26 2019-06-20

Investors continue four-week retreat from U.S. stock market Investors continued a four-week long retreat from the U.S. stock market last week by unloading a net of nearly $9.6 billion in assets from domestic mutual and exchange-traded funds, according to data......
01:13 2019-05-23

Uber's European rival Bolt enters London market, again Estonia's Bolt, which until early 2019 was called Taxify, will on Tuesday re-enter the competitive London taxi market, promising cheaper rides to passengers and a better cut to drivers than its bigger global rival Uber Technologies Inc....
02:13 2019-06-11

How this Indian hotel chain plans to conquer the China market Since Indian budget hotel start-up OYO entered China last year, it has opened nearly 10,000 hotels and 450,000 rooms. Its CEO Ritesh Agarwal outlines two reasons for the firm's success....
08:13 2019-06-13

Cboe to Provide Market and Trade Data to Thomson Reuters CHICAGO – January 9, 2018 – Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today announced that it is now providing its Cboe One real-time stock quote and trade information to Thomson Reuters, one of the world’s leading ...
21:52 2019-05-21

SmartRent funding heralds new wave in 'smart home' market A producer of "smart home" software that helps landlords cut operating costs such as shuttling keys to waiting maintenance workers or guiding tours for prospective tenants has raised $32 million from Bain Capital Ventures and the owners of nearly 1 million U.S. apartments....
15:52 2019-06-19

Lenovo maintains lead in PC market share, but Apple is catching up The latest reports from market intelligence firms IDC (International Data Corporation) and Gartner show that Lenovo continues to lead when it comes to PC sales (which includes desktops and laptops) – but it looks like Apple could be catching up.The PC industry as a whole appears to be having ...
12:26 2019-07-12

China's yuan internationalisation should be market-driven, will take time-regulator China's policy of internationalising the use of its yuan currency should be market-driven and cannot be accomplished overnight, the head of its foreign exchange regulator said on Tuesday....
06:39 2019-07-16

No contingencies, no problem: How to land a home in a tough housing market It's still not easy to find a home and you want every advantage possible when you submit your offer. Here's how to land a home.       ...
13:26 2019-07-08

Bostic: Fed's focus is its mandates not market pricing for rate cuts Strong market expectations of an upcoming Fed rate increase are not a reason for the central bank to make a policy move given a U.S. economy that continues to perform well, Atlanta Federal Reserve President Raphael Bostic said on Thursday....
00:00 2019-07-12

Fly me to the moon: Germany eyes slice of lucrative space market BERLIN Reuters) - Facing tough competition from China, the United States and even tiny Luxembourg, Germany is racing to draft new laws and attract private investment to secure a slice of an emerging space market that could be worth $1 trillion a year by the 2040s....
15:39 2019-05-21

Hedge funds up 7 percent in 2019 but struggling in broader market Hedge funds are gaining steadily this year but still lagging well behind the broader market. The $3.2 trillion industry gained 7 percent through April, when the S&P 500 popped 17.5 percent, according to data released Tuesday by Preqin. While hedgies like to blast comparisons between hedge fund perfo...
23:52 2019-05-21

Cramer: Here's how to spot the market bottom and maximize returns in your portfolio "You typically don't get a real bottom until the estimate cuts have been made, the stocks been softened up, and the clueless hot money has abandoned it," Jim Cramer says....
02:26 2019-06-13

US housing market strong despite decline in Chinese demand, says Redfin CEO Redfin CEO Glenn Kelman joins CNBC's "Closing Bell" to discuss the decline in Chinese homebuyers in the U.S. and broader trends in the real estate market....
01:52 2019-07-03

US to overtake China to become world’s top gaming market in 2019: Newzoo China, currently the world’s largest gaming market, is forecast to lag behind the US this year in the face of the country freezing game approvals for nine months in 2018....
02:26 2019-06-20

UPDATE 1-EU Commission fines Qualcomm for second time over market abuse Qualcomm, the world's no.1 chipmaker, was fined 242 million euros ($272 million) by the European Commission on Thursday for blocking a rival from the market about a decade ago, its second EU antitrust penalty....
14:26 2019-07-18

Fire strikes Bangkok’s popular Chatuchak weekend market Thai authorities are investigating an after-hours fire that roared through Bangkok’s popular Chatuchak weekend market, destroying dozens of the small shops crammed inside...
08:13 2019-06-03

Asda boss sees possible stock market listing in two to three years The timescale for a possible stock market listing of British supermarket group Asda, by its U.S. parent Walmart , is two to three years, Asda's boss said on Wednesday....
19:52 2019-07-03

China wants domestically made baby formula to supply 60% of market China aims to increase local production of baby formula so that more than 60% of the market can be supplied domestically, according to a document jointly released by the country's central planner and several ministries....
09:39 2019-06-04

China's 'Gen Z' shoppers fuelling luxury market momentum: Bain Chinese "Gen Z" shoppers in their early 20s are emerging as an increasingly powerful force in the luxury industry as brands try and tap into buoyant demand for high-end goods in the world's second-biggest economy, consultancy Bain said on Thursday....
12:39 2019-06-13

Macau studies setting up securities market in push to diversify Macau is considering launching a yuan-based stock market to help it diversify away from gaming, its main source of revenue, and align the territory more with China's growth plans for the Greater Bay Area in the country's southern region....
10:39 2019-06-04

New car sales 2019: market down 4.9% as plug-in hybrid registrations plummet News 4 Jul, 2019 Alternatively fuelled vehicle sales fell for the first time in 26 months, with sales of PHEVs dropping by 50.4 per cent...
20:13 2019-07-04

Here's how Amazon could dethrone UPS and FedEx in the US last-mile delivery market (AMZN) This is a preview of a research report from Business Insider Intelligence, Business Insider's premium research service. To learn more about Business Insider Intelligence, click here. Current subscribers can read the report here. Business Insider Intelligence Outside of the US Postal Service (USPS)...
04:39 2019-07-05

It's great that you got a raise, but it just might hurt the stock market and the economy Bigger raises are starting to crimp corporate profit margins. Economists debate whether that will hurt stocks and the economy.        ...
12:52 2019-06-04

Factbox: Swiss measures to safeguard stock market amid EU row The Swiss government has drawn up measures that it says will help protect the domestic stock market should the European Union seek to block EU-based investors from trading on Swiss exchanges in a row over a new treaty....
14:00 2019-06-16

Cboe to Provide Market and Trade Data to oneZero Financial CHICAGO – March 1, 2018 – Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today announced that it is now providing its Cboe Top real-time stock quote and trade information via oneZero Financial Systems, a software and infrastructure provi...
21:52 2019-05-21

Japan's Aso says US-China trade uncertainty could hurt market confidence Japanese Finance Minister Taro Aso said on Saturday that uncertainty over U.S.-China trade friction, if not resolved early enough, could hurt market confidence in the outlook for the global economy....
02:26 2019-06-09

Auto Makers Raise Bets in China Despite Market Slowdown China, despite falling car sales, remains the industry proving ground for electric vehicles as Volkswagen, General Motors and Toyota—plus Chinese startups—pour in....
15:39 2019-06-08

Government Bond-Market Measure Says Recession Risk Growing The yield on three-month bills has exceeded that of the benchmark 10-year Treasury note by as much as 0.259 percentage point, the most since May 2007....
23:00 2019-07-09

This new space industry fund is already beating the market—here are its main drivers An out-of-this-world exchange-traded fund just hit the market, and its creator says it capitalizes on lesser-known industries involved in the space race....
01:52 2019-05-27

Blackstone strategist: Market is too dovish on Fed policy, will lead to up to 15% correction The chief investment strategist at Blackstone said market expectations for Federal Reserve policy are too dovish and that could lead to a 10-15% correction....
02:00 2019-07-10

There's a strange phenomenon reportedly influencing the direction of the stock market each day It's no longer strange to see the market go from a long period of calm to chaos in the blink of an eye. One explanation is a phenomenon dubbed a "gamma trap."...
02:52 2019-07-10

Cboe DataShop Offers Market Data, Analytics Through New API Suite CHICAGO – April 13, 2018 –  Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today announced that Cboe DataShop is offering customers access to its market data and trade analytics through a suite of four application programming interfaces....
16:00 2019-05-21

30 years of market history says tech stocks will end 2019 much higher Since 1990, the S&P 500 information technology sector has posted a gain of 15% or more nine times, including this year. Strong first half performance from tech stocks has been a bullish indicator for the second half of the year....
18:26 2019-07-10