Markets


Economy Watch: Construction Spending Edged Up in November Economy Watch: Construction Spending Edged Up in November
- January 05, 2017

Census Bureau of the Department of Commerce. Private spending on building projects hit its highest level since July 2006 reaching an annual rate of $892.8 billion, and jumped 4.6 percent compared to the same month of past year. Investment in private nonresidential structures - which include factories, hospitals and roads - rose 0.9 percent after tumbling 1.5 percent the prior month. (more...)
Theresa May promises thousands of new homes for young first-time buyers Theresa May promises thousands of new homes for young first-time buyers
- January 04, 2017

David Cameron promised to build 200,000 starter homes by 2020, but it is unclear how many will be built this year. The £1.2 billion Starter Home Land Fund, which was established in April a year ago, is created to support the "acquisition, remediation and de-risking" of land suitable for housing around the country, ministers said. (more...)
Budget Session of Parliament proposed to start from 31 January Budget Session of Parliament proposed to start from 31 January
- January 04, 2017

The decision was made at a meeting of the Cabinet Committee on Parliamentary Affairs (CCPA) chaired by Home Minister Rajnath Singh in New Delhi . Finance Minister Arun Jaitley attended the meeting along with other Union Ministers. The central government is likely to advance the Budget 2017 Session of the Parliament to the last week of January after having already advanced the date to February 1 recently. (more...)
Nobel laureates criticize Aung San Suu Kyi over displaced Rohingya Nobel laureates criticize Aung San Suu Kyi over displaced Rohingya
- January 02, 2017

Security has deteriorated sharply in Myanmar's northwestern Rakhine State, home to many Rohingyas, since attacks on security posts near the border with Bangladesh on October 9 in which nine police officers were killed. Among the signatories were Archbishop Desmond Tutu, the 1984 Nobel Peace Laureate, 1976 Nobel Peace Laureate Mairead Maguire, former Italian prime minister Romano Prodi, business leader and philanthropist Richard Branson, and Arianna Huffington, the founder and editor of The ... (more...)
Where to recycle your Christmas tree in the Triangle Where to recycle your Christmas tree in the Triangle
- December 29, 2016

For Christmas trees to be accepted for composting, all ornaments, tinsel, garlands and tree stands must be removed. Trees can be dropped off at one of the city's five brush cites, which are open from 9 a.m.to 5:30 p.m. Collection Day Look-up: For Georgetown city residents, your yard trimmings collection day is on your first recycling day of the month. "We actually utilize ours to create and rejuvenate Christmas tree fish habitat structures around the lake", said Ranger George McBroom. (more...)
ECB's Weidmann says Monte dei Paschi bailout must be carefully weighed - Bild
- December 28, 2016

It said the ECB made the updated calculation of BMPS' capital needs on Thursday, the day the bank confirmed its effort to raise funds from private investors. The bank's shares are down nearly 86 percent for the year. Monte dei Paschi was forced to raise new capital after coming up short in last summer's European Union stress test, in which it performed worst among 51 banks tested. (more...)
US Home Prices Climb Sharply in October US Home Prices Climb Sharply in October
- December 28, 2016

Blitzer, chairman of the Index committee at S&P Dow Jones Indices , measures of affordability have not risen in lockstep with home price gains. "With the current high consumer confidence numbers and low unemployment rate, affordability trends do not suggest an immediate reversal in home price trends", Blitzer said. (more...)
Woman arrested after allegedly dumping newborn in New Roads' Walmart trash can
- December 27, 2016

Officials are temporarily calling the baby girl Olivia. Thomas was later arrested by New Roads Police Department, according to the Pointe Coupee Parish Sherrif's Office. She may be charged with attempted second-degree murder, reports NDTV. A baby girl found dumped in a rubbish bin in a supermarket toilet hours after her mother gave birth to her has somehow survived, police have said. (more...)
Benami wealth is the next target in war on corruption, says Modi
- December 26, 2016

He said that "hoarders of black money were trying new means to thwart the government's efforts" and using a Hindi idiom, the PM said, "It was important to be present in every leaf if hoarders were in every branch". The PM said he wanted a good discussion on his demonetisation campaign and plans to clean up political funding, but Parliament remained disrupted which drew the President's displeasure and people ire. (more...)
Airbus Finalizes $18 Billion Jet Deal With Iran
- December 26, 2016

Iran Air considers this agreement an important step towards a stronger global presence in civil aviation. Farhad Parvaresh, director and CEO of Iran Air, the national carrier taking conveyance of the planes, called the arrangement "the following conclusive stage" in the restoration of the aircraft's business armada. (more...)
Enjoy Low-Priced Gas for Your Holiday Getaway While You Can Enjoy Low-Priced Gas for Your Holiday Getaway While You Can
- December 25, 2016

Additionally, Wilson said increased consumer optimism will prompt more Americans than ever to set out on road trips, take to the skies, or board trains, buses and cruise ships to celebrate the holidays. AAA projects that 103 million Americans will travel between December 23 and January 2, a 1.5-percent increase over previous year - and more than 90 percent of those travelers will do so by auto. (more...)
Browns hold on for first victory of the season
- December 25, 2016

Griffin spoke with trainers and an independent neurologist on the sideline before being escorted to the locker room for further testing. All the Browns wanted for Christmas was a win. They punted the ball back to San Diego and Philip Rivers with 1:46 left. However, the clock was winding down, and the Chargers had to rush their FG unit on to the field. (more...)
Micron Technology, Inc. (MU) Stock Surges On Q1 Earnings Beat Micron Technology, Inc. (MU) Stock Surges On Q1 Earnings Beat
- December 23, 2016

The Q2 2017 consensus earnings estimates for the company have stabilized at US$0.4 per share. Movements above 70 are interpreted as indicating overbought conditions; conversely, movements under 30 reflect oversold conditions. "Outperform View" rating was revealed by 10 and "Underperform Signal" rating was issued by 4. RSI can also be used to identify the general trend. The company's 50 day moving average price is $19.03 and its 200 day moving average price is $16.17. (more...)
Dow Jumps 100 Points, Nearing Milestone 20000 Mark
- December 22, 2016

The banker's stock was shedding $2.10, or 0.9%, to shave about 14 points off the Dow , which was down 12 points in afternoon trade. Bond prices rose slightly. Its stock is down 1.9 percent. Goldman has climbed 33% to $241.21 since Trump upset Democratic contender Hillary Clinton, who had been highly favored in polls, on November 8. (more...)
Mumbai Air India building fire: No casualties reported, flames doused Mumbai Air India building fire: No casualties reported, flames doused
- December 21, 2016

However it has retained the 21st, 22nd and 23rd floors. The building's fire officer, JB Singh, said the firefighting systems were fully operational - which the Fire Brigade termed as a "huge relief" - but it was obvious the blaze was beyond his team's control. (more...)
Glenn Beck and Sam Bee's Attempt At Unity Faces Immediate Backlash Glenn Beck and Sam Bee's Attempt At Unity Faces Immediate Backlash
- December 21, 2016

Bee then played a montage of footage from her show spanning the current election cycle and the campaign between Donald Trump and Hillary Clinton. "Do you believe there's a chance we fall into a dictatorship under Donald Trump? " he asked her, pointedly. (more...)
To Buy Fertilizer Business from Brazilian Firm
- December 21, 2016

Mosaic has agreed to acquire the rest of Vale's phosphate assets in Brazil, its stake in Peru's Bayovar mine and the firm's Kronau potash project, in Canada. Vale continues to deliver on its divestment initiatives and will use the proceeds of this sale to reduce its debt position, while remaining exposed to the fertilizer business through its strategic stake in Mosaic . (more...)
A Harlem deer dies amid rescue attempt A Harlem deer dies amid rescue attempt
- December 17, 2016

An hour later, however, Governor Andrew Cuomo announced that he had ordered the Environmental Conservation Department to help the city find the deer a new home outside the city. "The city did not accept our offer until just before noon, and while we were arriving on scene the deer died in the city's possession". On a radio show Friday, he was asked by a Twitter user whether it was "really necessary" to have the deer killed. (more...)
Sensex, Nifty End Lower Ahead Of Fed Decision
- December 16, 2016

Intra-day, it hovered between 8,121.95 and 8,225.90. The gains in the dollar against other global currencies and a lower opening in the domestic equity markets weighed on the rupee, forex dealers said. "Though 25 bps (basis points) has been already discounted by the market, however market participants would continue to look forward to the commentary of the US Fed on future rate hike", it said. (more...)
Quest Diagnostics: Hackers accessed 34000 names, lab results Quest Diagnostics: Hackers accessed 34000 names, lab results
- December 15, 2016

When Quest Diagnostics discovered the intrusion, it immediately addressed the vulnerability. Dates of birth, lab results, names and " in some instances ", phone numbers were also obtained, the company said. Individuals who were affected by the hack were notified, the company said. The company did not reveal additional information about the incident, which it described as an "unauthorized third-party intrusion". (more...)