Tuesday April 25-th, 2017

BoEs Lone Hawk Acknowledges Need for More QE

Last week, the BOE slashed its benchmark interest rate to a record low of 0.25 percent, announced an increase in government bond purchases, and lowered its economic growth forecast as the U.K.'s vote to leave the European Union (EU) increased uncerta...

Nasdaq hits record high, other indexes hover near highs

However, after an initial rise in oil prices, Brent crude slipped lower, falling from a high of $45.69 a barrel in afternoon US trade on Monday to a low of $44.85 as European markets opened Tuesday. It was one of the year's slowest sessions. Shares...

PM Modi says GST Bill will put an end to tax terrorism

This refers to the editorial, "For a unified tax regime" (August 5). Pricing pattern of products or services, supply chain optimization, warehousing strategies, IT, accounting and tax compliance systems are some of the aspects that should be re-looke...

Barclays pays a further $100m in the US over Libor fraud Barclays pays a further $100m in the US over Libor fraud

Barclays Bank has agreed to pay 100 million USA dollars (£77m) to 43 states and the District of Columbia to settle allegations it improperly set key interest rates nearly a decade ago, affecting payments on investments. The settlement comes after Bar...

OPEC: Oil market on path to rebalance

According to Minister of Energy and Industry of Qatar Mohammed Saleh Abdulla Al Sada, the countries' representatives discussed several mechanisms of freezing oil production and decided that more time was needed. "If prices will fall then that necessi...

Cognizant Technology Solutions Corp (NASDAQ:CTSH), QUALCOMM, Inc. (NASDAQ:QCOM)

The Median price target for the stock is listed at $68. The stock has received "OVERWEIGHT" rating after consensus analysis from analysts. Without ever trading a single share of stock, without buying an option and Without ever touching a mutual fri...

Gas prices down 6 cents nationally Gas prices down 6 cents nationally

Prices have dropped an average of 6.6 cents per gallon over the last month, according to GasBuddy's daily survey of 91 Yakima-area gas stations. Last week, wholesale gas prices climbed from $1.31 to $1.37 a gallon on the New York Mercantile Excha...

US adds a robust 255K jobs; unemployment stays 4.9 pct US adds a robust 255K jobs; unemployment stays 4.9 pct

The underemployment rate climbed to 9.7 percent in July from 9.6 percent as numerous people entering the workforce had to settle for part-time jobs. Similarly, the implied probability of any rate hike occurring by the end of the year rose from arou...

Beloit Missing Person Alert Beloit Missing Person Alert

Thursday, after coming back from a local restaurant. Friday morning around 5 a.m., her credit card was used in Rushford, a direction opposite to the way back to Beloit. She was last seen wearing jeans, a burgundy shirt, and sneakers. Because of healt...

Tesla Motors, Mobileye Announce Breakup Ahead Of Gigafactory Opening

The truck was making a left turn at the time. The fatal accident has roiled the debate over self-driving cars, with consumer groups calling for federal regulators to slow down a push from automakers and tech companies like Google to win wide latitu...

Washington DC Transit Police Officer Charged With Helping Islamic State

The 36-year-old Young, who had worked for the transit authority since 2003, had been on the radar of USA law enforcement since 2010, according to an affidavit in the complaint filed in federal court in Virginia on Tuesday. If convicted, Young faces a...

Steady hiring is now benefiting a broader group of Americans Steady hiring is now benefiting a broader group of Americans

Non-farm payrolls increased by 255,000 jobs last month as hiring rose broadly after an upwardly revised 292,000 surge in June, the Labour Department said yesterday. Economists surveyed by The Wall Street Journal were expecting a modest 179,000 j...

Oil rises in morning trading after falling below $40 on Monday

West Texas Intermediate (WTI) crude crude futures fell 55 cents, or 1.3 percent, to $41.38 per barrel at 1:08 p.m. ET (1708 GMT). Analysts from Citigroup Inc.to Bank of America Merrill Lynch are confident the slump will be short-lived and investor...

US issues first-ever private moon flight license

So far there have been no private space missions beyond Earth's orbit and only state agencies have performed outer space missions. The US government has approved the first private moon lander, scheduled to prospect the lunar surface late next year ...

South Africa's ruling party suffering biggest electoral blow South Africa's ruling party suffering biggest electoral blow

Final results are expected on Friday. With over 80 per cent of ballots counted on a national basis, the ruling party had won 56 per cent of the vote, compared to 24 per cent for the opposition Democratic Alliance (DA). Lihle Spani, a voter in Jo...

Crops in very good condition Crops in very good condition

Use will be revealed with the USDA's September 1 stocks estimate, to be released September 30. The USDA rated 72 percent of the US soybean crop as good to excellent, up from 71 percent the previous week and above market expectations. The larges...

South Africa's ruling party suffering biggest electoral blow South Africa's ruling party suffering biggest electoral blow

Final results are expected on Friday. With over 80 per cent of ballots counted on a national basis, the ruling party had won 56 per cent of the vote, compared to 24 per cent for the opposition Democratic Alliance (DA). Lihle Spani, a voter in Jo...

App Store to offer personalised recommendations App Store to offer personalised recommendations

It'll be interesting to see how Apple handles such a system. The revamped Apple Store app with the "For You" tab will differ from the current Apple Store app which has a "Featured" tab to display general product recommendations, but does not offe...

Bitcoin's Price Plunges After Hackers Stole Nearly $65 Million From Bitfinex Bitcoin's Price Plunges After Hackers Stole Nearly $65 Million From Bitfinex

The security breach was discovered on Tuesday, all transactions have been suspended and an investigation is under way. Pic: ReutersNEW YORK: Hong Kong-based digital currency exchange Bitfinex said late on Wednesday that after a security br...

Target for GST rollout is April 1, 2017: Revenue Secretary

Society of Indian Automobile Manufacturers has also asked the finance ministry to consider various issues on passing of GST Bill. The main objective of this tax is to consolidate and streamline the indirect taxation process making it easier and mor...

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