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Finance

Thee high estimate is for a rise to 5.75% but most estimates center around a 50 basis point rise. "We only know who the pitcher will be, i.e. Trump, and we don't know if he'll use sliders, fastballs or curve balls", said Alonso Cervera of Credit Suisse Group AG.
  • Specter of politics hangs over US-Mexico match

    Specter of politics hangs over US-Mexico match

    Finance

    It has hosted four consecutive USA v Mexico World Cup qualifiers, with the United States winning each 2-0. Klinsmann, speaking to the media in Columbus, Ohio , a state that voted for Trump, was hopeful that a sporting event could be helpful.
  • First Chinese trade convoy arrives at Gwadar port in Pakistan

    First Chinese trade convoy arrives at Gwadar port in Pakistan

    Finance

    Earlier today, the first Chinese trade convoy arrived at the port through CPEC as contingents of special security division of the Pakistan Army provided security to the convoy. Find us on Facebook too! They said the elements opposing the CPEC were not well-wishers of the people of Gwadar. Considered to be a part of China's One Belt, One Road initiative, the United States dollars 46 billion project covers Balochistan and Sindh provinces and Pakistan-occupied Kashmir (PoK).
  • Two suspects in custody, active shooting in Crossgates Mall

    Two suspects in custody, active shooting in Crossgates Mall

    Finance

    Shoppers are directed by a police officer after being evacuated from the Crossgates Mall in Guliderland, N.Y., Saturday, Nov. 12, 2016. Bill Keeler told the Albany Times-Union that reports coming in suggested a possible confrontation between two men who fled.
  • Dollar, Mexican peso, stocks sink as Trump takes election lead

    Dollar, Mexican peso, stocks sink as Trump takes election lead

    Finance

    As Donald trump edges out a lead in crucial swing states such as Florida and OH, while showing solid results in safer Democratic states, markets are beginning to panic at the prospect of a Trump presidency. CURRENCIES: The dollar plunged to 102.22 yen from 105.46 in the previous day's trading. The peso weakened by more than 13 percent in after-market trading for Mexico and in Wednesday trading in Asia, breaking past 20 pesos per dollar - its biggest fall since the 1994 Tequila Crisis.
  • Circulation growth of Rs 500/1000 notes higher than economic growth: Das

    Circulation growth of Rs 500/1000 notes higher than economic growth: Das

    Finance

    The government demonetised Rs 500 and Rs 1,000 notes effective November 8 midnight. Following the demonetisation of the currency notes of Rs 500 and Rs 1,000, banks today started distributing new notes of Rs 500 and Rs 2,000. You may authorise in writing, enabling another person in India to deposit the notes into your bank account. State Bank of India (SBI) Chairman Arundhati Bhattacharya elaborated that: "We have just now been advised of the government move to demonetise current series of ...
  • Flint posts water shut-off notices on commercial properties

    Flint posts water shut-off notices on commercial properties

    Finance

    That will reduce the cost of delivery, Lawson said, but "if the defendants can not establish that a household is so equipped (with a working filter), then they must deliver the water by other means". That means homes must receive bottled water deliver unless the government verifies, on a regular basis, that the home has a properly installed and maintained faucet filter, or the home declines delivery.
  • Trump lands in Washington for Obama meeting, marking a new beginning

    Finance

    He huddled with jubilant, sleep-deprived advisers at his eponymous skyscraper in Manhattan, beginning the daunting task of setting up an administration that will take power in just over two months. She later added huge and reliably Democratic California. "But it's Trump's supporters who are laughing now". His supporters said they were deeply dissatisfied with the federal government and eager for change, according to exit polls conducted by Edison Research for The Associated Press and ...
  • Yahoo staff knew about state-backed hacking

    Yahoo staff knew about state-backed hacking

    Finance

    The investigation into the Security Incident is ongoing and we are still in the process of determining all of the facts and assessing the full extent of its impact and the impact of related government investigations and civil litigation on our results of operations, which could be material .
  • Fueled Bond Sell-Off Continues As Yields Surge Again

    Finance

    Hasenstab who has been increasing holdings of Latin American bonds for some time, said the post-election selloff had presented investment opportunities in South America and praised the fiscal and monetary policies in some of the countries. President-elect Donald Trump's policies, such as fiscal expansion and protectionism on worldwide trade, will stoke inflation. It had almost $23 billion in bids for a 2.22 bid-to-cover ratio, the lowest since March 2009.
  • Theresa May backs the 'freedom of our press' after Brexit ruling backlash

    Theresa May backs the 'freedom of our press' after Brexit ruling backlash

    Finance

    Labour leader Jeremy Corbyn will call on the government to bring its plans for negotiating Brexit to Parliament "without delay". "Any decision we make will not be about thwarting the result in England and Wales. PARLIAMENT will fall into line and not block the start of Brexit divorce talks with the European Union, Jeremy Hunt has claimed. But Mr Benn said he expected the Government would reveal more details about the deal it is seeking before the end of March next year.
  • India pulls 500 and 1000 rupee notes from circulation

    Finance

    Long lines were observed outside the ATMs, with people frantically trying to collect Rs 100 notes. The Congress on Tuesday said the Narendra Modi government has a lot to answer for on its move to abolish Rs 500 and Rs 1,000 currency notes, saying it will cause problems to farmers.
  • Obama on FBI: 'We don't operate on innuendo,' leaks

    Finance

    We don't operate on leaks, ' Obama said in an interview with NowThis News. The Justice Department is seeking to interfere with an ostensible FBI criminal investigation of Hillary Clinton, Republican presidential candidate Donald Trump said Thursday on a campaign swing through the pivotal state of Florida.
  • Utah police ID officer fatally struck by car

    Utah police ID officer fatally struck by car

    Finance

    Officers responded to the scene and saw the three people steal a vehicle from the parking lot of the apartment complex. Jenny Brotherson said her son, "wanted to be a police officer his entire life". They tried to stop the vehicle but the suspects fled, leading to a pursuit. Police have not said why the suspect vehicle was being pursued. He died at the scene.
  • Trump, Clinton take different strategies to shore up votes

    Trump, Clinton take different strategies to shore up votes

    Finance

    Clinton's campaign expressed its own confidence, welcoming Trump's MI venture as grasping at straws. Roth said he's thrilled Pence is coming to Traverse City one day before the election. The Clinton campaign says it is focusing on securing its firewall in the West and upper Midwest. "So, I will excuse him that", Conway told CNN on Sunday.
  • Low African-American Turnout in Early Voting Could Bruise Hillary Clinton

    Low African-American Turnout in Early Voting Could Bruise Hillary Clinton

    Finance

    That's 12.5 points more than Romney's share of the national vote in 2012 , and if it proves true during the ballot, that 18.46 percent African-American support translates into 2 point shift towards Trump. Those Clinton administration policies, they believe, have had a lasting and deleterious impact on black communities. Dr Bitzer said "North Carolina is a 45-45 split, with 10 per cent potentially moving either way".
  • Time Warner 3Q results top Street; raises outlook

    Time Warner 3Q results top Street; raises outlook

    Finance

    Including Time Warner's debt, the deal's value is $109 billion. LLC increased its position in shares of Time Warner by 93.7% in the first quarter. - Time Warner forecast adjusted earnings for continued operations for the year of $5.45 to $5.55 a share, leaving out a one-time tax benefit of 28 cents a share.
  • Virgin Money Holdings (LON:VM) Receives Overweight Rating From Barclays Capital Analysts

    Finance

    Previously on Tuesday November 01, 2016, Barclays Capital reported on BP PLC (LON:BP) held steady the target price at 600.00GBX. They now have a GBP 120.00p price target on the stock. The Company's principal activities consist of property investment, development, management and associated business, focusing on industrial property investments in Continental Europe and the United Kingdom.
  • China's COMAC lands new plane orders

    China's COMAC lands new plane orders

    Finance

    But the timeframe "is a definite target", he said. They didn't provide any details on financing or technical specification. Our earlier story , also from Bloomberg, posted on Monday. Shenzhen is part of China Southern's catchment area, but Shenzhen Airlines and its majority owner Air China plan to expand in Shenzhen, and competition continues in nearby Hong Kong.
  • Manufacturing grows fastest in over 2 years

    Finance

    The eight-industry core sector index, comprising nearly 38 per cent of the IIP, rose to a three-month high of five per cent in September, giving broad indications that manufacturing might increase in September and could be sustained in October because of festival season demand.
  • Dozens of prosecutors chastise Comey in letter

    Finance

    First up is former attorney general Eric H. Holder Jr.'s memoir-slash-political manifesto, "Pursuing Justice". Timothy Heaphy was nominated in 2009 by President Barack Obama to serve as the U.S. But that was just one of the pieces he's written. Sunday night, dozens of former prosecutors brutally slammed Comey in an open letter circulated by the Clinton camp.