Markets


Hillary Clinton's Economic Speech
- August 14, 2016

The Democratic nominee isn't expected to use her speech to come out with any major new policies. Her appearance follows a Trump speech on the economy, also in MI, on Monday. In other Iowa intrigue: In a speech at the Iowa State Fair, conservative Republican Rep. Steve King called Clinton "somebody I can work with", the Des Moines Register reported . (more...)
Two PKK bomb attacks kill seven in Turkey
- August 14, 2016

An official said three people were killed and at least 25 were wounded, including at least five children between the ages of two and five. One police officer, two civilians were killed and five police officers, 15 civilians were wounded in Kızıltepe district of Mardin". (more...)
Upstart Puig, confident Kerber meet in Olympic tennis final
- August 14, 2016

Puerto Rico's flagbearer for the opening was Jaime Espinal , a wrestler born in the Dominican Republic. But Kerber, undeterred charged through to win the final two game and close the match in one hour and 29 minutes. Puig retrieved the damage in the eighth game but she faltered when she had the chance to serve for a 5-4 lead. In the end, the final scores were 3,6 and 5,7. (more...)
Kerala ATM heist: Romanian national arrested in Mumbai Kerala ATM heist: Romanian national arrested in Mumbai
- August 14, 2016

Police have also taken into custody a mobile telephone dealer here who reportedly provided Sim cards to these Romanian nationals without securing proper documents. The Kerala Police has seized Rs 200,000 from his possession, a laptop and some electronic equipment. The other three Romanians have already been identified and police are now probing whether they received any local help here or in Mumbai. (more...)
In tennis, Puig wins Puerto Rico's 1st Olympic gold ever
- August 14, 2016

Addressing reporters shortly after, she said: "It's just wonderful". Instead, the 21-year-old is scheduled to play in the Connecticut Open in New Haven next week before heading to the U.S. Leading 5-4, and up 15-40 in the 10th game, the ninth-ranked Keys missed on two break points with unforced errors. Though the American had won a break point early on, her opponent managed to overcome that hurdle and tie the set 3-3. (more...)
Gold slips as Fed rate hike prospects boost dollar Gold slips as Fed rate hike prospects boost dollar
- August 14, 2016

Turning to Global markets, Germany's DAX and France's CAC-40 were each down 0.1 percent, while the dollar softened 0.2 percent to $1.1159 against the euro. There could be a knee-jerk reaction on a rate hike. "We maintain our overall bullish long-term view, given the negative/low real interest rate environment and persistent economic headwinds, highlighted by the latest figures from China", James Moore, research analyst at FastMarkets, said. (more...)
Silver Wheaton raises gold outlook following record Q2 production
- August 14, 2016

Finally, Prospera Financial Services Inc bought a new position in Silver Wheaton Corp . during the second quarter valued at approximately $202,000. 11/04/2015 - Silver Wheaton Corp had its "buy" rating reiterated by analysts at Canaccord Genuity. (more...)
Walmart is buying Jet.com for $3 billion
- August 14, 2016

While the brands will remain separate, Walmart plans to tap Jet's expertise in online ordering to grow its e-commerce business at a faster rate and reach more customers , particularly Millennials. "We started Jet with the vision of creating a new shopping experience", said Lore. The acquisition of Jet not only removes an ecommerce competitor from the marketplace; Walmart will likely use it to bolster its defenses against the Amazon onslaught. (more...)
US gymnast Simone Biles flips and flies to Olympic all-around gold
- August 14, 2016

Not only was Biles' margin of victory the biggest ever in women's gymnastics, it's larger than the margins of victory from 1980 to 2012 combined. At one point Boorman pulled Biles aside and gave her a choice. Biles had almost an hour from the time she finished her third rotation, on balance beam, to the time she began her last, floor exercise. "And you have to be fearless", Boorman said as she matter-of-factly made the case. (more...)
RBI's Rajan Likely To Hold Fire In Final Policy Review
- August 14, 2016

The RBI believes that by the time this fiscal year ends in March 2017, inflation will remain around 5 per cent, "with risks tilted on the upside". "Dispelling fears of price rise due to the rollout of Goods and Services Tax, RBI Governor Raghuram Rajan said its impact could be assessed only after the GST rate is decided and inflation could be short-lived as seen in many other countries". (more...)
Simone Biles Takes Gold in Women's All
- August 14, 2016

Biles jumped up on the mats to wave to the crowd - she had done it, a gold medal at the Olympics . National Team Coordinator, Martha Karolyi , cried when she learned their teamname "The Final Five" is a tribute to her; she's retiring this year. (more...)
Sandusky forcefully denies sexual abuse of boys
- August 14, 2016

Formerly beloved Penn State head coach Joe Paterno , who passed away in 2012, was dragged through the mud at the end of his life for his role in allegedly not reporting direct knowledge of Jerry Sandusky's improprieties to authorities. Sandusky was convicted in June 2012 for sexually abusing 10 boys and was sentenced to 30 to 60 years in prison. Earlier this summer, the presiding judge said the hearing will delve into a prosecutor's closing statement, the decision to let Sandusky give a ... (more...)
New Poll Shows Clinton, Democrats Ahead in Key NC Races New Poll Shows Clinton, Democrats Ahead in Key NC Races
- August 14, 2016

The Clinton campaign's release gave them another opportunity to jab Trump for his refusal to release his own tax returns. The Clintons have now released tax returns showing their income going back to 1977, and have the last nine years of returns currently posted on Mrs. (more...)
New Poll Finds Clinton Drubbing Trump In Four Key Swing States New Poll Finds Clinton Drubbing Trump In Four Key Swing States
- August 14, 2016

There have been also been questions about how much Trump has paid in taxes over the years, whether he in fact paid any federal taxes some years, and whether he has followed through on his charitable pledges. Tim Kaine and his wife will also release the last 10 years of their returns. In 2015, the Clinton's paid $3.24 million in federal income taxes, amounting to effective tax rate as 34%, according to the Clinton campaign. (more...)
Was Trump right? Iran video may show USA cash payment Was Trump right? Iran video may show USA cash payment
- August 14, 2016

He continued the claim even after his campaign said that he was talking about footage that showed the hostages being released and not the money. Trump exclaims in his tweet . "It's a military tape". Trump continued. "And they have a ideal tape, obviously a government camera, and the tape is of people taking money off the plane". (more...)
Macy's will shut down 15 % of its department stores
- August 14, 2016

Macy's said it plans to shutter 100 more stores, representing about 14 percent of its total, as it tries to turn around its business after six quarters of falling sales. Excluding one-time items, per-share earnings were 51 cents, topping the 48 cent estimate of analysts. Turnover dropped 3.9 % to 5.9 billion dollars (5.3 billion euro), while its net profit fell sharply, from 217 million dollars (194 million euro) to 11 million dollars (10 million euro). (more...)
Macy's to close 100 stores nationwide, but locations not released Macy's to close 100 stores nationwide, but locations not released
- August 14, 2016

Analysts said the store closures and other recent initiatives were steps that would help Macy's recover but some said there were still issues that needing addressing. It wasn't immediately clear how many jobs might be cut as Macy's has not finalized the list of locations that will close, said spokeswoman Andrea Schwartz. (more...)
Asian shares climb, tracking gains in U.S. stocks, oil prices
- August 14, 2016

Benchmark U.S. crude was up 44 cents, or 1.1 percent, at $42.15 a barrel in NY. Murphy Oil climbed $1.03, or 3.8 percent, to $28.47, while Chesapeake Energy rose 23 cents, or 4.9 percent, to $5.03. The company also said it will return more cash to shareholders by taking on new debt to buy back stock. Hamburger chain Shake Shack slumped 6.2 percent after it said sales at older locations slowed down in the latest quarter. (more...)
Instagram Video Shows Cops Attacking Bronx, NY, Man Instagram Video Shows Cops Attacking Bronx, NY, Man
- August 14, 2016

Police allege that Simmons fought Officers Billy Acosta and Matthew Wright when they tried to arrest him, biting, punching and kicking the officers, resulting in a broken nose and staples in the head for Wright and two herniated discs for Acosta according to the Daily News . (more...)
Alleged Islamic State supporter killed in Canada made 'martyrdom video'
- August 14, 2016

Police said they acted to thwart an imminent "potential terrorist threat". RCMP Deputy Commissioner of Federal Policing Mike Cabana said, "based on info, (the attack) was going to take place in the following 72 hours". Irene Lee, whose parents own a convenience store near Driver's home, said police arrived on the quiet residential street shortly after 4 pm ET (2000 GMT) and quickly surrounded the house. (more...)

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