Markets


President Obama Born in the USA "Period"
- September 17, 2016

I finished it. I finished it. The Trump campaign has acknowledged in a statement that President Obama was born in the US. Trump's statement came only after 30 minutes of tributes from veterans and two of the 17 Medal of Honor recipients who endorsed him earlier this week. (more...)
Dollar sags after lacklustre US data, commodity currencies supported Dollar sags after lacklustre US data, commodity currencies supported
- September 17, 2016

Data released Thursday showed declines in retail sales and United States factory output, cooling speculation that the Fed may tighten at its Sept 20-21 meeting. "The market is mostly going to be short ahead of the Bank of Japan's (BOJ) meeting next week". A stronger dollar makes gold more expensive for holders of other currencies. (more...)
Sinkhole leaks fertilizer plant's water into Florida aquifer Sinkhole leaks fertilizer plant's water into Florida aquifer
- September 17, 2016

The sinkhole opened at the plant nearly three weeks ago, when an employee noticed an extreme drop in the water level at one of the gypsum stack's containment ponds. plant east of Tampa Bay, which produces phosphate fertilizers and animal feed ingredients. One of the highest producing aquifers in the world, it underlies all of Florida and extends into southern Alabama, Georgia, and SC. (more...)
Asia stocks up as weak data hurt Fed hike chances
- September 17, 2016

Even though investors are not looking to the Federal Reserve (Fed) to raise interest rates next week (20-21 Sept), the attention is going to be paid to the language, alongside the latest economic projections. "We also look for the BoJ to announce a change to the composition of its asset purchases, with a focus on steepening the yield curve", she said. On Thursday , the Swiss National Bank and the Bank of England both held fire, without any further moves to support growth or weaken their ... (more...)
Markets Right Now: Banks, Energy Stocks Lead US Market Lower
- September 17, 2016

Although the US mortgage investigation is gaining most attention, Germany's largest bank is battling against many other probes relating to activities in Russian Federation and trading issues such as foreign-currency rate manipulation and precious metals trades. (more...)
Pence declines to call David Duke 'deplorable,' disavows support Pence declines to call David Duke 'deplorable,' disavows support
- September 17, 2016

Pence, the governor of IN, said on Twitter Monday night that his comments about Duke, IN a pair of interviews on CNN and Fox News, were being taken out of context. Clinton's comments were tailored to include Duke and those who share similar-if-not-as-extreme views, but to exclude those who didn't. It's ironic that Pence supports, defends, and is running alongside Trump, yet her claims to not be in the name-calling business. (more...)
Trump blames Clinton for birther controversy
- September 17, 2016

Period." he continued. "Now let's get back to making America strong and great again. There is no evidence that is true. "Hillary Clinton in her campaign of 2008 started the "birther" controversy ". As a country, we need to decide whether we really want a man who explicitly suggested the first black president wasn't born in the USA as our next leader. (more...)
House panel to probe Wells Fargo opening of accounts
- September 17, 2016

Attorneys in NY and California. Wells Fargo has been under fire since regulators fined the big United States bank $185 million for opening more than two million deposit and credit card accounts without customer authorization. Wells Fargo's headaches are quickly piling up. The subpoenas from federal prosecutors raise the prospect that the investigation, while in its early stages, could lead to criminal charges for the bank or its employees. (more...)
Euro Stocks Higher as US Rate Hike Talk Dampen Euro Stocks Higher as US Rate Hike Talk Dampen
- September 17, 2016

In her speech , Brainard cited the global economic problems as a reason to be cautious about raising USA rates. TOKYO (AP) - Asian shares mostly sagged in sluggish trading Wednesday on concerns over weaker global growth and uncertainty about the U.S. (more...)
Waco: Group protests Dakota Access Pipeline
- September 17, 2016

Energy Transfer has reiterated its commitment to completing the Dakota Access Pipeline despite controversy surrounding a portion of the line's route. "It's not a victory until it's stopped". for now. Authorities received reports of protesters at three construction sites, Preskey said. It is unusual for a federal agency to reverse itself on a large infrastructure project that has been permitted and is under construction. (more...)
Major update for Tesla self-driving software Major update for Tesla self-driving software
- September 17, 2016

In the past, Bloomberg reports the Tesla cars primarily relied on onboard cameras to detect the world around the vehicles, with onboard radar as a supplement. Previously Autopilot prioritized camera data, with the radar serving as a supplementary sensor only, though this was insufficient in the case of the Florida crash due to the unique position of the trailer and sunlight reflecting off its white exterior. (more...)
Reliance Jio to fund Rs.5000 Crore to help setup startups!
- September 17, 2016

And in the spirit of one India - no roaming charges also", said Mukesh Ambani, chairman, RIL said during the annual general meeting. Under the Rs 19 prepaid plan, users will get 100 MB data and 100 SMSes for a day, apart from unlimited free voice calling. (more...)
Kurdish militant group says it was behind vehicle bombing in Turkey's Van
- September 17, 2016

The April 2015 visit was with parliamentarians from the pro-Kurdish Peoples' Democratic Party (HDP), who were acting as mediators between Ocalan and PKK commanders based in the Qandil Mountains of northern Iraq. "If the state is ready... we have a plan and this problem can be ended in six months", Mehmet Ocalan, who visited his brother on Sunday, quoted the PKK leader as saying. (more...)
Man ordered held without bond after police officers struck Man ordered held without bond after police officers struck
- September 17, 2016

The police impounded the suspect's auto. An attached police probable-cause statement didn't say whether Payne told police anything after the incident, and police have not provided a possible motive. There has been no word yet on if Payne has an attorney to represent him yet. The video showed several civilians at the gas station rushing over after the crash. (more...)
AAP urges Centre for allotment of more beds in govt. hospitals
- September 17, 2016

Talking about the recent casualties, Jain stated that four of the five deaths had been reported from the same hospital, which made the situation quite suspicious. The woman had tested positive for chikungunya on Sunday. Lalit Dar of Department of Microbiology at AIIMS said, "At our laboratories, 1,360 chikungunya blood test samples have tested positive till September 11". (more...)
US, Russia Agree to Extend Syria Ceasefire By 48 Hours
- September 17, 2016

Moscow wants the U.N. Security Council to endorse the agreement when it meets next Wednesday, according to Ambassador Vitaly Churkin. A United Nations convoy of 20 trucks has crossed the Turkish border into a buffer zone with food and other supplies destined for the rebel-held eastern part of Aleppo, but it has also been held up, though for a different reason: An agreement to separate the forces along the road into the city had yet to take effect, de Mistura said . (more...)
Anger over poker games leads to fatal shooting at senior living facility
- September 17, 2016

Matthew Wilson, 45 of Cheyenne, an employee of the facility, was shot and killed outside of the apartment building, reports SHORTGO . A 77-year-old man has shot three people at the senior citizens' complex where he lived in the U.S. Rosenberg fled the scene after the shooting, but he killed himself as officers approached him at a location nearby, Long said. Police say the two other men involved in the incident were transported to the hospital but their condition is unknown. (more...)
Russia's Central Bank rounds up its interest rate to 10%
- September 17, 2016

The one-week auction rate was lowered to 10 percent from 10.5 percent, according to a statement on Friday. The Central Bank has made a decision to lower the key rate, taking into account slowdown of inflation according to the forecast, as well as inflation expectations at the remaining unsustainable economic activity. (more...)
UPS hiring 95000 for holidays for third consecutive year UPS hiring 95000 for holidays for third consecutive year
- September 17, 2016

The company's institutional ownership is monitored at 29.9%. WMT attains analyst recommendation of 2.90 with week performance of 0.79%. ROE is formulated by dividing the total profit by the total amount of money capitalized in the company. (more...)
Sandra Bland's family settles for $1.9M in wrongful death suit
- September 17, 2016

The terms were finalized Wednesday, Lambert said. Bland, 28, was pulled over in her auto on July 10 by then- state trooper Brian Encinia for failing to signal a lane change in Waller County, about 50 miles northwest of Houston. The Texas Department of Public Safety, also named as a defendant, released a statement saying it "has not settled litigation regarding Sandra Bland and is not a party to any agreements between the plaintiffs and Waller County defendants". (more...)

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