Economy

Asian stocks lower after Fed report renews bond yield fears

Asian stocks lower after Fed report renews bond yield fears The Fed left rates unchanged at the January meeting, but investors will look for its opinion on inflation and interest rates, especially after strong economic data raised concerns of an overheating economy and triggered the recent selloff. [Full Article...]

BB&T cites 'technical issue' in outage affecting customers

BB&T cites 'technical issue' in outage affecting customers ATM and 24-hour phone service is being restored, according to company spokesman Brian Davis. "Bank officials have apologized and say they do not believe the issue is related to a cyber security attack". Thank you so much for your patience, and we will continue to provide updates here and on BB&T's Facebook and Twitter pages. The bank operates more than 2,100 branches spread across 15 states ... [Full Article...]

Existing home sales drop as inventory remains depressed

Existing home sales drop as inventory remains depressed This marks the largest annual decline in sales since August 2014's decrease of 5.5 percent and the slowest sales pace since 5.37 million last September. Properties averaged about 42 days on the market in January, down from 50 days a year ago, but up from December 2017's 40-day average. Four percent of January sales were foreclosures and 1 percent were short sales. [Full Article...]

Walmart holiday-quarter profit drops, online struggles spook investors

Walmart holiday-quarter profit drops, online struggles spook investors This is the only downside from the whole quarter report from the company but it is enough to give their investors jitters on the pre-market. The nation's largest private employer said last month that it would raise the starting salary for USA workers to $11 an hour, give a one-time cash bonus of up to $1,000 to eligible employees and expand its maternity and parental leave benefits. [Full Article...]

Barclays post 10 per cent rise in pre-tax profits

Barclays post 10 per cent rise in pre-tax profits Revenue fell 2% to 21 billion pounds ($29.3 billion). Barclays PLC showed its confidence in future earnings on Thursday by restoring its full dividend, despite lacklustre investment banking income, restructuring costs and USA tax reforms hitting the bank's 2017 bottom line. [Full Article...]

United Kingdom unemployment edges up to 4.4%

United Kingdom unemployment edges up to 4.4% Average earnings increased by 2.5% in the year to December, unchanged from the previous month, said the Office for National Statistics . The claimant count, which includes people on Jobseeker's Allowance and the unemployment element of Universal Credit, fell by 7,200 last month to 823,000. [Full Article...]

UP Investors Summit 2018: An Initiative to Make UP Investor Friendly

UP Investors Summit 2018: An Initiative to Make UP Investor Friendly The information about the proposals will be provided automatically through SMSs. " Uttar Pradesh is a land of infinite opportunities and it has the potential of being the growth engine of India". He said the State is making appropriate policies for various sectors. Lauding the "one district one product" scheme, he said it could prove to be the game changer for the state. [Full Article...]

Venezuela: New Cryptocurrency Can't Rescue Caracas

Venezuela: New Cryptocurrency Can't Rescue Caracas President Nicolas Maduro announced in early December that Venezuela - which is under sanctions from the U.S. as well as the European Union - was creating the digital currency. The cryptocurrency will be stored in a virtual wallet users can acquire after registering online. The cryptocurrency goes public next month. Despite worldwide isolation, broad unpopularity and scarce food and medicin... [Full Article...]

Burnout Paradise Remastered launches on Xbox One in March

Burnout Paradise Remastered launches on Xbox One in March The beloved open-world racing game Burnout Paradise is coming back. Although the remaster is coming first to consoles, both digitally and at retail, EA said it will later release a Windows PC version exclusively in its Origin store. [Full Article...]

Amazon is rewarding Prime members for shopping at Whole Foods stores

Amazon is rewarding Prime members for shopping at Whole Foods stores Now it looks like they might have come up with a way. Last week, Amazon announced its Prime Now delivery service would begin offering free 2-hour delivery of products from Whole Foods Market in four markets, with plans to expand across the U.S. [Full Article...]

American Airlines ticket agent stops 2 girls from meeting alleged trafficker

American Airlines ticket agent stops 2 girls from meeting alleged trafficker Miracle told her supervisor she was going to call the sheriff. 'Between the two of them, they had a bunch of small bags. "I think the way they kept looking back-and-forth at each other like they weren't really sure". They said they would not have allowed that to happen, and the law enforcement official said they probably would not have had the choice. The police believe that following that pho... [Full Article...]

FCC chief probed over Sinclair-Tribune deal

FCC chief probed over Sinclair-Tribune deal Sinclair Broadcasting purchased Tribune Media a few short weeks after new rules were passed by the FCC that allowed this action. In an official investigation uncovered by The New York Times , it turns out that even top officials at the FCC have reason to believe that something wasn't right. [Full Article...]

Homeownership among young adults dramatically down -especially in the South East

Homeownership among young adults dramatically down -especially in the South East Two decades ago, less than half of young adults lived in a region where house prices were more than four times average income. 'Home ownership among young adults has collapsed over the past 20 years, particularly for those on middle incomes. [Full Article...]

Commerce Dept. report recommends Trump slap tariffs on foreign steel, aluminum

Commerce Dept. report recommends Trump slap tariffs on foreign steel, aluminum A tariff of 23.6% on all products from China , Hong Kong, Russia, Venezuela and Vietnam. He proposed a final alternative that involved no tariffs, but a quota on all steel products from all countries equal to 63 percent of their exports to the United States in 2017. [Full Article...]

Abbas to Putin: We refuse to cooperate with United States mediation

Abbas to Putin: We refuse to cooperate with United States mediation Netanyahu on Monday said he had been in talks with Washington about annexing settlements in the occupied West Bank, a move condemned by a top Palestinian official as "land theft". Israel finds itself increasingly reliant on Russian Federation to quell its most pressing diplomatic and national security concerns as it faces Iranian adventurism on its northern borders and an irritated Palestinian l... [Full Article...]

A flawless day for PIZZA: Deals in Sumter for National Pizza Day

A flawless day for PIZZA: Deals in Sumter for National Pizza Day The ice cream specialty shop chain is giving away free samples of its new "Sweetheart Polar Pizza" from 3 p.m.to 7 p.m. Friday. At Pizza Hut , get two medium two-topping pizzas for $5.99. Find them here based on your location. Guests who download the myPilot app beginning February 8 will find an offer for a free slice of PJ Fresh Pizza available to redeem at participating locations. [Full Article...]

Wales endure big harm blow earlier than kick-off in opposition to England

Wales endure big harm blow earlier than kick-off in opposition to England As man of the match Mike Brown said post-match, "you work hard, you get your luck". "My main motto throughout my career has been to enjoy every moment and what can't you enjoy about England versus Wales at home in front of 82,000 when you're breaking the record as England's most capped scrum-half? He made the decision and we get on with it". [Full Article...]

Unemployment rate in Medicine Hat rises in January

Unemployment rate in Medicine Hat rises in January But on the other hand, the agency says the economy generated 49,000 full-time positions last month. In the province, average hourly wage rates for permanent employees in January rose 3.19 per cent from the same time past year. She cited the full-time job gain, faster wages and a low unemployment rate as signs of a resilient labor market. Although Ontario shed 51,000 jobs in January, Statistics... [Full Article...]

German coalition under strain as SPD leader falls from grace

German coalition under strain as SPD leader falls from grace After agreeing a deal on Wednesday the decision now goes to the party's - over 400, 000 - members who will vote in a ballot on whether they back the union. Her passionate speech fired up ambivalent delegates and left Schulz looking like yesterday's man. But there was anger within the SPD ranks too. The far-right party campaigned on an anti-immigration, anti-Muslim message during the election - a... [Full Article...]

Woman flushed emotional support hamster down toilet after Spirit Airlines banned it

Woman flushed emotional support hamster down toilet after Spirit Airlines banned it The airline denies telling her to flush an animal down a toilet. She considered letting Pebbles loose outside, but feared that the animal would either freeze to death or be hit by a auto. So far, it does not appear that the student is facing any charges. But the decision whether or not to allow some animals and not others is a decision left, ultimately, up to the airlines . [Full Article...]


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