Stories about Finance

Jun 09 2017

Oil drops after OPEC-led output cut misses expectations

Here is an account of what the deal entails for oil producing and consuming nations. Rats said that's not how the cuts have played out because US producers, which d...

Jun 09 2017

Shock UK election exit poll sees Theresa May losing parliament majority

An exit poll predicted the Conservatives would win 314 seats in Britain's 650-member parliament and the left-wing opposition Labour Party 266 - a "hung parliament" with...

Jun 09 2017

Australian energy review calls for fuel-neutral clean energy target

The report also warns governments that setting a higher target for electricity than a 28% reduction on 2005 levels by 2030 trajectory "may have consequences for securit...

Jun 09 2017

Eurozone growth at 2-year high but ECB set to hold fire

The measure pumps newly printed money into the economy in an effort to raise inflation toward the bank's goal of just under 2 percent considered best for the economy. "If...

Jun 09 2017

6 key points from former Federal Bureau of Investigation chief James Comey's Senate testimony

And in testimony that exposed deep distrust between the president and the veteran lawman, Comey described intense discomfort about their one-on-one conversations, saying ...

Jun 09 2017

House Republicans Pass 'Choice' Act, Block Fiduciary Rule

Only one Republican voted against the measure. American Enterprise Institute Fellow Peter Wallison, who was a member of the official financial crisis investigation comm...

Jun 09 2017

BCCI's Cricket Advisory Committee meets over selection of new head coach

The board's decision to advertise for the post prompted former India opener Virender Sehwag, ex-India pacer Dodda Ganesh , Afghanistan coach Lalchand Rajput , Richar...

Jun 09 2017

'50/50 chance' of Theresa May resigning after election

If Labour does take power with the backing of the Scottish Nationalist Party (SNP) and the centre-left Liberal Democrats , both parties adamantly opposed to Brexit , ...

Jun 09 2017

United Kingdom election: Theresa May could lose parliamentary majority, exit poll shows

A delay in forming a government could push back the start of Brexit talks, now scheduled for June 19, and reduce the time available for what are expected to be the most...

Jun 09 2017

Tamil Nadu teenager gangraped in bus, 3 arrested

After wandering about for a while, she went to the Old Bus Stand in the evening and boarded a bus heading to Karuppur. The innocent girl managed to escape at 1:30 to a ...

Jun 09 2017

Trump defends tweeting as way to get out 'honest' message

Trump's other adult son, Eric, also tweeted and retweeted a handful of messages related to Comey leaking his memo. The administration gave differing reasons for Co...

Jun 09 2017

Coresite Realty Corp (NYSE:COR): Positive Stock Sentiment

During the trading on 06/07/2017, Company's stock ranged from $28.760 to $28.480. Duke Realty Corporation (NYSE: DRE ) share price decreased in the last trading session...

Jun 09 2017

Trump's lawyer all but calls Comey a liar

Comey admitted that he unilaterally and surreptitiously made unauthorized disclosures to the press of privileged communications with the President", Kasowitz said in a st...

Jun 09 2017

Amid Qatar crisis, China tells Iran that Gulf stability is best

Saudi Arabia , the UAE , Egypt and Bahrain are among several states that this week cut diplomatic ties with Qatar, in the worst crisis to hit the Gulf in recent year...

Jun 09 2017

Corn Growers Applaud Trump for Prioritizing Infrastructure

An anticipated topic that Trump did not mention was the Brent Spence bridge, which connects Kentucky and Ohio. Trump supplemented his discussion of infrastructure b...

Jun 09 2017

Republicans pass banking bill, Knight touts small business impact

Supporters have argued the regulations have become too burdensome and unfair. For instance, one community banker in Oklahoma had to stop offering mortgages all toge...

Jun 09 2017

UK Exit Poll Points to Hung Parliament

The Conservatives held 330 seats in the last Parliament, compared with 229 for Labour , 54 for the Scottish National Party and nine for the Lib Dems. He said Thursday...

Jun 09 2017

Asian shares down ahead of Comey, ECB and UK election

The British pound held firm at $1.2957, near its highest levels in two weeks, supported in part by polls showing Prime Minister Theresa May is on course to increase her m...

Jun 09 2017

US Bancorp (USB) Vice Chairman Sells $1529581.06 in Stock

Also, it has an estimated price-earnings (P/E) multiple of 13.3 and a trailing 12-month price-earnings (P/E) multiple of 15.52. The stock declined 0.02% or $0.02 reaching...

Jun 09 2017

Novak Djokovic & Rafael Nadal to play quarter-final

There are some milestones at stake, too: Nadal can become the first man in the professional era to reach 10 semifinals at Roland Garros; Djokovic can reach a sevent...