Stories about Finance

May 27 2017

Russia investigation: Lawyer says son-in-law and adviser Jared Kushner willing to cooperate

Even before he was picked by Deputy Attorney General Rod Rosenstein to take over the case, investigators had been stepping up their efforts - issuing subpoenas and lookin...

May 27 2017

Oil rises to $52 as Saudi, Russia back longer supply cut (BHI)

While it was broadly expected that OPEC and Russian Federation would agree to extend the cut, the timing and wording of the statement sent crude prices up more than 1...

May 27 2017

Rising US output holding back Opec's efforts to cut global supply

The two sides chose to remove about 1.8 million barrels per day (bpd) from the market in the first half of 2017 - equal to 2 per cent of global production, taking October...

May 27 2017

Nicolet Bankshares Inc. Acquires New Position in Comcast Co. (CMCSA)

Rathbone Brothers Public Ltd Co invested in 0.05% or 14,647 shares. A number of other hedge funds and other institutional investors also recently modified their holding...

May 27 2017

Facebook founder supports universal basic income. What is it?

He's in the midst of traveling across the country and meeting with various community leaders, a schedule that some political analysts say looks a lot like a pre-announcem...

May 27 2017

What Are Analysts Report About Synchrony Financial (SYF)

It also reduced Bank Amer Corp (NYSE:BAC) stake by 2.41 million shares and now owns 38.25 million shares. This recommendation lands on a scale between 1 and 5. The ex-div...

May 27 2017

US durable goods orders fell for first time in 5 months

In March, orders rose a revised 2.3%. Transportation equipment, down following two consecutive monthly increases, led the decrease, $1.0 billion or 1.2% to $78.5 billion....

May 27 2017

Moody's downgrades Hong Kong credit rating after China cut

This follows Moody's decision to downgrade China's sovereign rating to A1 from Aa3 and change the outlook to stable from negative, as announced on May 24, 2017. "The down...

May 27 2017

Sun and rain this Memorial Day weekend for West Michigan

There will be areas of fog or low clouds along the ocean beaches in the mornings and maybe a little drizzle, but this will burn off Saturday through Memorial Day to s...

May 27 2017

ITC net profit up 12.1 per cent in Q4

The company's net profit in rose marginally by 0.8% from last quarter. The cigarette maker reported a net profit of Rs 2,380.68 crore in the corresponding quarter p...

May 27 2017

Oil stems sharp declines as Opec decision disappoints market

The price decline was fairly predictable once Opec chose to roll over existing production cuts rather than deepen them: Opec nears decision time: roll over or deepen cuts...

May 27 2017

United Kingdom criticises USA leaks about concert bombing

The New York Times Wednesday posted photos that show what it reported could be the detonator, a battery, nuts and screws for shrapnel, and fragments of a backpack used ...

May 27 2017

GDP Increased to Rise of 1.2% for Q1, According to Second Estimate

After the expected rebound this spring, though, analysts generally foresee growth falling back to an annual rate of 2 per cent to 2.5 per cent in the second half of the y...

May 27 2017

Britain's solar power output hits record amid heat wave - National Grid

And Gareth Redmond-King, head of energy and climate at WWF, said: "As we enjoy the sun, it's great to learn that the United Kingdom just hit a new high for solar power ge...

May 27 2017

Stable Gas Prices Expected to Boost Memorial Day Road Trips

That's seven cents above what the nationwide price was a year ago. The $2.26 average for regular unleaded is close to the price metro Atlanta drivers were paying at the...

May 27 2017

Team Trump struggles to explain its 'egregious' math error

When confronted about this during a press conference on Tuesday, Office of Management and Budget Director Mick Mulvaney argued that the administration "did [the double ...

May 27 2017

Oil edges up after disappointing OPEC meeting

We agree, and we'll tell you exactly how high oil prices are heading with our updated 2017 oil price forecast and price target... That will be welcome news to consu...

May 27 2017

UK politics resume after attack; Corbyn links terror to wars

McDonnell, for example, once backed a campaign calling for Mi5 and armed police to be disbanded . May said Britain's terrorism threat level remained at critical, m...

May 27 2017

Supreme Court Finds North Carolina Gerrymandered Two Districts to Dilute Black Vote

North Carolina Gov. Roy Cooper, a Democrat, applauded the decision : " The North Carolina Republican legislature tried to rig Congressional elections by drawing unconsti...

May 27 2017

The Top Three Holders Of Barrick Gold Corporation (ABX)

Vetr downgraded Barrick Gold Corp from a buy rating to a hold rating and set a $19.65 price target for the company.in a research note on Monday, February 6th. Its shar...