Moving US land agency west brings praise, prompts questions
DENVER (AP) — The Trump administration's plan to move the government's largest land management office from Washington to Colorado evoked a mix of…
Jul 16, 2019 20:16 UTC Read More
Judge mulls whether Trump friend Roger Stone broke gag order
WASHINGTON (AP) — A judge is hearing arguments about whether Roger Stone, a longtime friend of President Donald Trump, violated a gag order in a case…
Jul 16, 2019 15:33 UTC Read More
Stocks Open Lower As Dow Jones Stocks Goldman, J&J and JPMorgan Report
Stocks flattened into tightly mixed trade Tuesday, as earnings from Dow Jones stocks JPMorgan, Goldman Sachs and Johnson & Johnson — companies…
Jul 16, 2019 14:14 UTC Read More
Homebuilder sentiment ticks up slightly, as housing shortage intensifies
Builder confidence for single-family homes rose just one point, to 65, in July, according to the National Association of Home Builders/Wells Fargo Housing…
Jul 16, 2019 14:00 UTC Read More
JPMorgan's Jamie Dimon: Economy 'not that bad' as bank preps for 3 rate cuts in 2019
Higher interest rates could undermine earnings at JPMorgan Chase.
Jul 16, 2019 13:27 UTC Read More
U.S. import prices post biggest drop in six months
WASHINGTON (Reuters) - U.S. import prices fell by the most in six months in June, pulled down by declines in the costs of petroleum and other goods,…
Jul 16, 2019 12:38 UTC Read More
World economy needs to avoid 'self-inflicted wounds,' IMF says
The U.S. economy is performing well but it's not immune from external challenges, the acting managing director of the IMF told CNBC Tuesday.
Jul 16, 2019 10:56 UTC Read More
US retail sales beat expectations in June
U.S. retail sales increased more than expected in June, pointing to strong consumer spending.
Jul 16, 2019 05:53 UTC Read More
Sterling sags on Brexit concerns, weighs on euro
The pound struggled near a six-month low against the dollar on Tuesday, hampered by persistent worries over Brexit that, in turn, weighed on the euro.
Jul 16, 2019 00:47 UTC Read More
Cramer Remix: What to make of the inverted yield curve this earnings season
Jim Cramer discusses the inverted yield curve and Fed Chair Jerome Powell's response.
Jul 16, 2019 00:12 UTC Read More
ASX to slip ahead of Reserve Bank minutes, Wall Street crawls to record high
Australian shares are likely to fall at the open following a directionless, but record-breaking, session on Wall Street. Meanwhile, the Reserve Bank will provide…
Jul 15, 2019 21:25 UTC Read More
Has Monetary Stimulus Seen Its Best days?
Regarding George Melloan's “The Myth of Monetary Stimulus Is Unraveling” (op-ed, July 9): Another disservice the prolonged low rates have provided is to…
Jul 15, 2019 20:27 UTC Read More
'Carried him out in a body bag': Woman says man overdosed, died on airplane
The former California state director for the Drug Policy Alliance is calling for airlines to carry the anti-overdose drug naloxone after she says a man overdosed in…
Jul 15, 2019 13:38 UTC Read More
Bitcoin drops more than 10% as scrutiny of cryptocurrencies grows
Bitcoin slumped more than 10% over the weekend to a two-week low as fears of a crackdown of cryptocurrencies grew on mounting scrutiny of Facebook's…
Jul 15, 2019 08:42 UTC Read More
Hacked Crypto Exchange Bitpoint Discovers More Millions Are Missing
After announcing a $30-million hack last week, Japan-based cryptocurrency exchange Bitpoint says it's discovered that another $2.3 million is missing. A report…
Jul 15, 2019 08:00 UTC Read More
Could Climate Change Spark a Financial Crisis? Candidates Warn Fed It’s a Risk
A few of the Democrats running for president have started warning about climate change in a way that voters rarely think about yet can profoundly affect their…
Jul 15, 2019 07:39 UTC Read More
WATCH: Why the Fed chief is concerned about Facebook’s Libra
Ovex CEO Jonathan Ovadia talks to Business Day TV about the Jerome Powell's view of cryptocurrencies.
Jul 15, 2019 07:02 UTC Read More
Central banks tossing grenades rather than firing bazookas Business News
HONG KONG: Central bankers readying to fight another economic downturn are tossing hand grenades rather than firing bazookas.
Jul 15, 2019 05:20 UTC Read More
US proposes barring tech companies from offering financial services
A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for discussion among…
Jul 15, 2019 04:23 UTC Read More
The Bond Market May Be Staring at a Major Inflection Point
Fed Chairman Jerome Powell basically confirmed a rate cut is coming and yields rose. That's not good. Also, an announcement.
Jul 15, 2019 04:00 UTC Read More
What Trump's Bitcoin Tweet Changes
Let's be clear: It was not the substance of Donald Trump's tweet that made his critique of bitcoin and Libra so important last week. It should be of no surprise that…
Jul 15, 2019 03:59 UTC Read More
Central bank politicisation of growing concern
Even the US Federal Reserve and the European Central Bank are no longer immune to pressure from governments.
Jul 15, 2019 03:34 UTC Read More
Fed poised to get in first with rate cut despite market risks
The Federal Reserve looks poised to beat the European Central Bank out of the blocks with a rate cut that looks set for its next meeting on July 31.
Jul 15, 2019 01:29 UTC Read More
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