Markets


United to Offer World's Longest Nonstop Flight From US United to Offer World's Longest Nonstop Flight From US
- June 03, 2017

The first service to Stockholm departed Singapore Changi Airport at 0033hrs local time on 30 May (Tuesday) and arrived at Stockholm's Arlanda Airport at 0859hrs local time the same day. "We are proud that United Airlines will set a new record for the longest nonstop route by a domestic carrier right here at LAX", said Deborah Flint, CEO of Los Angeles World Airports in a news release. (more...)
Highlights: Political priorities of the NDP-Green agreement
- June 03, 2017

The Liberals won 43 seats in the election, the NDP 41 and the Greens three. In terms of what will happen in regards to BC Liberal leader Christy Clark's role, NDP leader John Horgan said that "the premier will have some choices to make". (more...)
Special Olympics Flame of Hope continues journey throughout Buffalo Special Olympics Flame of Hope continues journey throughout Buffalo
- June 03, 2017

In the Western Region, there are 20 legs ran throughout different communities, raising funds and awareness for Special Olympics. The run will begin at 1 p.m. Kansas Ave. Lead by Wellfleet Police Chief, Ron Fisette, each department representative has recruited fellow officers to carry the torch during their leg. (more...)
USA employers Add Only 138K Jobs, Unemployment Rate Dips
- June 03, 2017

Further job gains are likely in construction. "The weak job growth number isn't a disaster because it still keeps up with population growth", Paul Diggle, senior economist at Aberdeen Asset Management, told Reuters . The U.S. central bank raised interest rates by 25 basis points in March. But persistently sluggish wage growth could cast a shadow on further monetary policy tightening. (more...)
Vladimir Putin ridicules claims of meddling in US vote
- June 03, 2017

Kelly was moderating a panel discussion featuring Putin at the St. Petersburg International Economic Forum, and was scheduled to conduct a sit-down interview with him later in the day. Asked specifically if Kislyak had agreed with members of Trump's team on lifting anti-Russian sanctions, Putin denied that any such deal was made. "Now we should come out of good terrorism, bad terrorism (debate); my terrorist, your terrorist (syndrome)". (more...)
Putin urges US business to help normalize Russia-US ties
- June 03, 2017

He blamed the Democrats for the failure to acknowledge their mistakes in the campaign, and "taking internal U.S. political squabbles into the worldwide arena". "There were no agreements". "Now we should come out of good terrorism, bad terrorism (debate); my terrorist, your terrorist (syndrome)". When Kelly replied she had an impression Trump had said something of the kind, Putin replied it was not very appropriate to make guesses of this sort when world policy issues were on the agenda. (more...)
China vows to uphold climate pact after US pullout
- June 03, 2017

Countries on six continents have questioned the US following President Trump's decision . "To everyone for whom the future of our planet is important, I say let's continue down this path so we're successful for our Mother Earth", she said. (more...)
What does Trump believe about climate change? His aides won't sa What does Trump believe about climate change? His aides won't sa
- June 03, 2017

And whenever NY was hit with a cold spell or snowstorm, Trump would often tweet a joke about global warming. "He's received awards as a businessman in that regard". However, he said, he had concluded that it is "not the right time for me to leave the private sector". "I do not speak for the President", Zinke said, later adding that he had not asked him. (more...)
Wall St opens higher after strong private jobs data Wall St opens higher after strong private jobs data
- June 03, 2017

The lackluster data lifted gold prices to a six-week peak as the report lowered expectations for the Federal Reserve to raise benchmark US interest rates this year after a hike that most analysts still anticipate later in June. The Fed is expected to increase rates again in June, which would only be the fourth rate hike since the Great Recession. The Australian dollar was 0.2 percent higher at $0.7388, taking back some ground following its sharp slide on Thursday. (more...)
Holes in Trump's reasoning on climate pullout
- June 03, 2017

But the leaders of France, Germany and Italy said in a joint statement that they "firmly believe" the deal can not be reworked. Supporters of the decision in US believe pulling out of the pact will save jobs , unburden industries, and save money. (more...)
Penguins Down Predators in Game 2 Penguins Down Predators in Game 2
- June 03, 2017

After watching Game 2, a phrase that my Dad who served in the Army for 20 years used to say popped into my head: SSDD (Same. er, Stuff .Different Day). The group, with help from an engaged forward group, limited shots in and around Rinne, won puck battles along the boards and escaped the defensive zone with seeming ease. (more...)
Mark Zuckerberg chokes up while speaking about an undocumented student Mark Zuckerberg chokes up while speaking about an undocumented student
- June 03, 2017

The 33-year-old tech titan, who dropped out the college to found the pioneering social network company, has been on a nostalgia trip during the week leading up to Harvard's commencement. "My dad took this video when I got accepted to Harvard ", Zuckerberg wrote in the Facebook post. He suggested stopping climate change by putting people to work manufacturing solar panels, curing disease by getting people to volunteer their health and genome data, and modernizing democracy so people ... (more...)
Iranian General: US-Saudi Arms Deal to Jeopardize Regional Security
- June 03, 2017

Jordan's King Abdallah II stands at right. The Saudi king also felicitated Donald Trump with their highest civilian order. This tone differed greatly from Barack Obama's first presidential speech to the Arab world, which took place early in Obama's first term in June of 2009. (more...)
How major U.S. stock market indexes fared on Friday How major U.S. stock market indexes fared on Friday
- June 03, 2017

In the bond market, benchmark 10-year Treasury yields US10YT=RR were up 2 basis points at 2.215 percent, while the German counterpart DE10YT=RR was marginally higher at 0.302 percent. The jobs data could impact the odds of a June rate hike at the upcoming Fed meeting. Hang Seng Index was up 0.44%. Energy blue-chips Exxon Mobil Corp (NYSE: XOM) and Chevron Corp (NYSE: CVX) fell 1.5% and 1.1%, respectively, after President Trump withdrew the United States from the Paris climate accord. (more...)
Exxon Mobil Falls Under $80 For The First Time Since February 2016 Exxon Mobil Falls Under $80 For The First Time Since February 2016
- June 03, 2017

The stock increased 0.98% or $0.63 during the last trading session, reaching $64.63. Exxon Mobil Corp now has $339.42B valuation. Recently attention has been given to shares of Johnson & Johnson (NYSE:JNJ) as the stock recently touched $130.08, a 0.80% move from the most recent open. (more...)
Lululemon Athletica inc. (LULU) Stake Maintained by Henderson Group PLC Lululemon Athletica inc. (LULU) Stake Maintained by Henderson Group PLC
- June 02, 2017

Susquehanna's target gives a potential downside of -9.41 % from the company's current price. Assurant Inc. now has $5.62 billion valuation. Company's distance from 20 day simple moving average is -3.61% and distance from 50-Day simple moving average is -8.08%. (more...)
OPEC disappointment hits oil, stocks; sterling down on United Kingdom vote jitters
- June 02, 2017

During the meeting, Khalid al-Falih reportedly said, while the oil market is on its way to recovery, "more time is needed" before oil supplies can be expected to return to their five-year average. Going forward, Nizam Hamid, European ETF strategist at WisdomTree said: "With supply side dynamics undergoing a fundamental shift [thanks to the impact of United States shale], only decisive action from Opec will boost prices from current levels, and so far investors have not been satisfied ... (more...)
Shock Poll Says Britain Could Be Heading For Hung Parliament
- June 02, 2017

When gains and losses for other parties are factored in, the modeling suggests the Conservative Party's tally could be 16 seats below the 326 seats required to be able to govern alone, leading to a "hung parliament". Betting markets give a more than 80-percent probability of May winning an overall majority, though betting markets were wrong ahead of the unexpected Brexit result in the June 23 referendum. (more...)
YouTube Updates Advertising Guidelines in a Bid to Curb Hateful Videos YouTube Updates Advertising Guidelines in a Bid to Curb Hateful Videos
- June 02, 2017

YouTube has issued new guidelines created to protect children and stop users making money from inappropriate videos featuring well-known TV characters. Ads will also be banned from videos with "gratuitously incendiary, inflammatory, or demeaning" content. The website will also refuse to place ads next to videos using "gratuitously disrespectful language that shames or insults an individual or group". (more...)
Fitch downgrades debt-laden RCom Fitch downgrades debt-laden RCom
- June 02, 2017

Reliance Communications - which went to Anil - has struggled in an increasingly competitive market, particularly after Mukesh's Reliance Jio Infocomm Ltd stormed into the market previous year with offers of free services. "The rating action reflects Fitch's assessment that short -term liquidity has deteriorated to a position where credit risk is very high", Fitch warned. (more...)

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