Markets

by | December 16, 2017 | 11:38

Information received since the Federal Open Market Committee met in November indicates that the labor market has continued to strengthen and that economic activity has been rising at a solid rate. Traders of United States short-term interest rate futures kept bets the Fed would raise rates only twice next year. The dollar index, which tracks the greenback against a basket of six major currencies, held steady at 93.444, after tumbling in the wake of the Fed's policy announcement and falling ...

by | December 16, 2017 | 10:47

Brent crude futures, the worldwide benchmark for oil prices , were at $63.47 a barrel, up 16 cents, or 0.25 percent, from their previous close. On considering the final component in the balance - non-OPEC production - we see that 2018 might not be quite so happy for OPEC producers.

by | December 16, 2017 | 07:24

The existing Amtrak North River Tunnel, which opened to service in 1910 and is the only intercity passenger rail crossing into New York City from New Jersey, was severally damaged as a result of seawater inundation during Superstorm Sandy in October 2012.

by | December 16, 2017 | 07:24

The Senate version of the bill would double the value of the child credit to $2,000 and allow much wealthier households to claim it. Under the Taxpayer Relief Act of 1996, a $500 child tax credit was introduced. President Donald Trump has promised a " Christmas present " to Americans in the form of tax cuts , but Democrats have called on the GOP to vote on reform in 2018, after Senator-elect Doug Jones of Alabama is seated.

by | December 16, 2017 | 06:56

The stock increased 0.34% or $0.06 during the last trading session, reaching $17.91. About 1.98M shares traded. Steinberg Glob Asset Management has 0.11% invested in Kinder Morgan, Inc . Dimensional Fund Advisors LP now owns 9,683,643 shares of the pipeline company's stock valued at $210,507,000 after buying an additional 3,483,039 shares during the period.

by | December 16, 2017 | 02:27

A US labor board's newly minted Republican majority on Thursday overturned an Obama-era ruling that had irked business groups by making it easier for unions and workers to hold companies accountable for the practices of staffing agencies, contractors and franchisees with which they partner.

by | December 16, 2017 | 01:15

The Salina Salvation Army Kettle Campaign received a $10,000 donation on Thursday morning. The Salvation Army's Midland division in Saint Louis put out a call for its "Toy Town" event. He said, it's something his father taught him and his siblings since they were young. "We have been involved in quite a few causes over the past year and it is something that we look forward to continuing with into 2018".

by | December 15, 2017 | 20:54

Consumers' willingness to splurge should give the economy a boost in the final three months of the year. According to The Wall Street Journal , economists had predicted only a 0.3 percent increase in sales for November. "Consumer spending appears to have accelerated over the past few months, and we estimate that real consumption growth is on course for an annualized gain of almost 3% in the fourth quarter overall, up from 2.3% in the third quarter", said Andrew Hunter, US economist at ...

by | December 15, 2017 | 18:04

The busiest season will strike December 23- January 1, AAA reports, but December 20 - 22 are expected to create a huge spike in travel times, with December 22 from 3 - 5 p.m. If your schedule permits, traveling on the actual holiday often results in fewer cars on the road. "More expensive gas prices are not swaying holiday revelers to stay home", AAA senior vice president Bill Sutherland said in a statement.

by | December 15, 2017 | 16:11

She also fraudulently applied for more than 12 credit cards, which she used to buy about $62,000 in Bitcoin and other cryptocurrencies online. "These transactions were motivated to benefit ISIS , which the defendant ultimately sought to join in Syria", the documents said.

by | December 15, 2017 | 13:40

Delta Air Lines has agreed to a firm order for 100 Airbus A321neo jets. The Airbus deal is a blow to US plane maker Boeing, which had been reported to be in talks with Delta about buying around 100 of its 737 Max 10 airliners. "Delta remains a valued customer, and we'll continue exploring ways to best meet their needs in the future", Boeing spokesperson Doug Alder said in an email.

by | December 15, 2017 | 13:24

Michael O'Leary, the airline's chief executive, said the decision to recognise unions had been taken to ensure flights over the Christmas period would go ahead as planned. "The unions will have that high on their agenda", he said. "The statements by the Ryanair management appear to not respect the principles of our law regarding striking which, if exercised legitimately, is considered a Constitutional right", Santoro Passarelli said.

by | December 15, 2017 | 11:00

For all of 2017, the total demand forecast was unchanged at 97.7 million barrels a day, up by 1.5 million (1.6%) compared to 2016. Whether or not he had heard the news that Libya and Nigeria , who two weeks ago had committed to the OPEC cuts, are now chomping at the bit to boost production, Yergin described the cutback extension as "an historic accord" between members and non members.

by | December 15, 2017 | 09:42

At one point, Pahon said, a Russian jet came close enough that one of the F-22 aircraft had to "aggressively maneuver to avoid a midair collision". "In early November, we verbally agreed through de-confliction channels that the Russians would remain west of the Euphrates River, and the coalition would operate to the east".

by | December 14, 2017 | 17:08

The company would also double its ownership of Hulu to 60 per cent after obtaining Fox's stake and take control of the movie studio. The only entities that Fox would retain are its news and business assets, particularly those that come in the form of Fox News, Fox Sports, and Fox Business.

by | December 14, 2017 | 16:28

OPEC predicted that global oil markets won't rebalance until late next year after boosting forecasts for supplies from the USA and other rivals. Crude oil producers outside OPEC should reach an average output of 58.81 MMBPD in 2018. If OPEC were to maintain current output levels to the end of 2018, world inventories would shrink by a further about 274 million barrels, data in the report indicate.

by | December 14, 2017 | 15:00

Chamath Palihapitiya began working for Facebook in 2007 and left in 2011 as its vice president for user growth. Facebook has taken the unusual step of directly responding to a former employee who recently excoriated the biggest social networks for " ripping apart the social fabric of how society works".

by | December 14, 2017 | 14:48

Now it's official. The Walt Disney Co. has agreed to acquire big parts of 21st Century Fox in a deal worth $52.4 billion, valuing shares of Fox at around $40 apiece while they had traded Wednesday at $32.75. Either way, if Disney ultimately inherits the Sky stake after the CMA has blocked the deal now being pursued by the Murdochs, Disney can simply use the 39% shareholding to launch another full bid for Sky.

by | December 14, 2017 | 12:42

This development will naturally increase the appeal of alternatives to Brent-linked oil grades, including us and Russian crude as the spread between the benchmarks widens. Deliveries of crude oil and natural gas through the Forties pipeline are still under force majeure and operator INEOS said on Thursday there was no timeline yet for fix work that is expected to last several weeks.

by | December 14, 2017 | 12:16

Unemployment in this age group was up by 8,000 over the quarter, while the number with a job fell by 32,000. However, when the impact of inflation is factored in, real weekly wages fell by 0.2%, when including bonuses and by 0.4% when excluding bonuses, compared with a year earlier.

by | December 13, 2017 | 23:19

The donation's for this good cause and administered by the Salvation Army are very much appreciated by the less fortunate families that receive these food hampers. Dennis Long of Montgomery, Ala., Dollar General's director of loss prevention for the Southeast, said that helping the Salvation Army enriches the lives of the volunteers by giving back to the local community and children.

by | December 13, 2017 | 22:40

In its annual report this year, HSBC said that the monitor concluded that the bank continued to make progress in enhancing its compliance controls, but expressed "significant concerns about the pace of that progress" and "instances of potential financial crime" that were being reviewed by the Justice Department and the bank.

by | December 13, 2017 | 21:46

Fury, 29, beat Ukrainian Wladimir Klitschko in November 2015 in a huge upset in Germany - but has not fought since. "Hughie and I have maintained our innocence from day one and we're now happy that it has finally been settled with UKAD and that we can move forward knowing that we'll not be labelled drug cheats", added Tyson Fury .

by | December 13, 2017 | 21:27

Some New Orleans Saints kneeled, and Lee Dragna wants his money back. The suit adds that at that game, some New Orleans players did not come out for the anthem, and when they appeared on the field after, "they passed directly in front of where the petitioner and his guests were seated".