Markets


Ryder Cup aftermath - Willett: 'Some US golf fans proved my brother right'
- October 08, 2016

Captain Davis Love III celebrates during the closing ceremony of the 2016 Ryder Cup. His celebrations were cut short by Reed, who also birdied for a half and cheekily wagged a finger at his opponent before sharing a joke about it with McIlroy as they walked to the next tee. (more...)
Lawmakers Slam Yahoo Over Delay In Disclosing Data Breach Lawmakers Slam Yahoo Over Delay In Disclosing Data Breach
- October 08, 2016

Due to a hack attack, it has created fears among Yahoo users, thus, made them decide to close their Yahoo accounts on September 23. Again some might see that as something of a smokescreen, given that there is no question from Yahoo that the hack happened and that its security and therefore that of its account holders was breached. (more...)
Clinton leads Trump by double digits in Michigan Clinton leads Trump by double digits in Michigan
- October 08, 2016

Deutsch added Clinton looks "so unstrong" compared to GOP nominee Donald Trump. He stayed on the topic of economics, saying "I have the biggest tax gut since Reagan". We have two candidates, both of whom we consider to be undesirable, and we are trying to decide which one of them will do the least damage to our country and to our personal lives. (more...)
Proctor wants state, others to cut off Wells Fargo Proctor wants state, others to cut off Wells Fargo
- October 08, 2016

Wells Fargo , the second largest USA bank by market value, this month paid $190 million in fines and restitution over the accounts. Michael Capuano, a Democratic lawmaker from MA, compared the actions of Wells Fargo , the United States' third-largest bank by assets, to those of a man who recently robbed one of that institution's branches. (more...)
New Jersey gas prices jumping as soon as November 1
- October 08, 2016

The measure decreases the sales tax from 7 percent to 6.875 percent by January, and to 6.625 percent by July. Even with the increase, New Jersey's gas tax would still remain lower than neighboring NY and Pennsylvania. Projects that were funded with federal grants were permitted to continue, along with those considered essential for safety, which Christie ordered funded with money from the state's general fund. (more...)
Fed's Mester says USA economic data consistent with higher rates
- October 08, 2016

The unemployment rate, at 5.0 percent, and the number of unemployed persons, at 7.9 million, changed little in September. There is, however, a much higher likelihood of a hike at the USA central bank's last meeting of the year in December. Investors see nearly no chance of a rate increase at that meeting given how close it is to the November 8 presidential election. A solid job gain in September would raise the likelihood that Fed policymakers will lift the short-term rate they control, most ... (more...)
UK Treasury chief to reassure NY bankers over London future UK Treasury chief to reassure NY bankers over London future
- October 08, 2016

Mr Freeman told Newsnight: "Philip Hammond is going to set this out in the Autumn Statement". "And we will place a very high priority on getting the right solution with our European Union partners for the financial services sector". Hammond also called on Carney to spend an extra three years in his current role, rather than leaving early as had been agreed with former chancellor George Osborne. (more...)
California US Senate Candidate Closes Debate Statement With A Dab California US Senate Candidate Closes Debate Statement With A Dab
- October 08, 2016

Boxer and Dianne Feinstein endorsed Harris in the race. Sanchez , who has a reputation on Capitol Hill for being a moderate willing to work across the aisle, has been working to attract Republicans, independents, Latinos and moderate Democrats. (more...)
SABMiller name to disappear as shareholders vote on Megabrew
- October 08, 2016

Cigarette maker Altria Group and the Santo Domingo family of Columbia, which together control 40% of shares at SABMiller, were excluded from the vote, following a United Kingdom court order last month, but had previously shown their support for the deal. (more...)
Wall Street dips in slow start to fourth quarter Wall Street dips in slow start to fourth quarter
- October 08, 2016

Many global companies are listed on the FTSE index, and their earnings tend to benefit when the pound weakens. Monthly non-farm payrolls data is due on Friday and is likely to make or break the case for a USA interest rate hike later this year. (more...)
Qatar Said to Weigh Raising Deutsche Bank Stake to Up to 25%
- October 08, 2016

Spokespeople for Deutsche Bank , the chancellery, the finance ministry and the economics ministry declined to comment on the report . Deutsche Bank has secured backing from its largest investor and is seeking advice from other banks as it scrambles to restore market confidence undermined by a demand by USA authorities for up to US$14 billion over mis-selling allegations. (more...)
Parliamentary elections begin in Morocco Parliamentary elections begin in Morocco
- October 08, 2016

Competitive elections in Morocco reflect the monarchy's ostensible commitment to the political reforms ushered in by the new constitution passed in 2011, during the Arab Spring. The PJD is seen as challenging the political and religious authority of the palace. "It's in God's hands now", Prime Minister Abdelilah Benkirane told The Associated Press after casting his ballot. (more...)
Trump Cools Some To Putin After Running Mate Calls Him A 'Bully'
- October 08, 2016

It seems possible that the famously short-tempered Trump could react poorly to a tough question from an undecided voter, since he can't manage to avoid repeatedly insulting ordinary citizens who get on his nerves. "I didn't like getting into the gutter". The appearance would have been the pair's first together. "I'll tell you, he's a good one". "Time is a unique thing in political campaigns - you can't make more of it", Wrenn said. (more...)
Chips power Samsung and activist case for change
- October 08, 2016

It's been over two months of trouble first started with Samsung's explosive Galaxy Note 7 followed by equally smoky replacement phones. The latest incident also raises questions about the future of the Note 7 itself, a phone that before reports of exploding batteries surfaced, had generated glowing reviews. (more...)
Buy a Google Pixel from Best Buy and get some free goodies Buy a Google Pixel from Best Buy and get some free goodies
- October 08, 2016

The Pixel device is certainly impressive. There are a lot of thoughts behind the Pixel phones. Despite Google's claim that this is a unique design , there is still no getting away from the fact that on first viewing it looks remarkably like an iPhone. (more...)
National poll: Independents help Clinton build lead National poll: Independents help Clinton build lead
- October 08, 2016

While under pressure to do well in the next debate because of Mike Pence's superior performance in the vice-presidential debate earlier this week, #Donald Trump has engaged in his own version of debate preparation in a town hall format in Sandown, New Hampshire. (more...)
Train crash firm's history of smashes Train crash firm's history of smashes
- October 08, 2016

The official says the rail agency also was fined. The historic transit hub remained closed Saturday, with no timetable for its reopening. A walking inspection showed nothing that would have affected the performance of the train. A US official told The Associated Press Saturday that months before Thursday's deadly train crash in Hoboken, New Jersey, federal rail officials found dozens of violations during an audit focusing on the rail line's safety and operations. (more...)
Trump dishes out slams at friendly town hall
- October 08, 2016

Debate moderator Elaine Quijano attempted to get Tim Kaine and Mike Pence to stop talking over one another during the debate on October 6, 2016. "Donald Trump is going to lead an American comeback". However, one reason Clinton might have a tougher time this time around is that the tough issues like her email scandal and paid speeches didn't get a lot of airtime in the first debate, so they seem more likely to come up now. (more...)
Shareholders approve tie-up of world's biggest beer makers
- October 08, 2016

SABMiller shareholders voted 95.46 percent in favor of the sale, clearing the 75 percent needed for the takeover to proceed, the London-based company said in a statement Wednesday. The deal is worth over $100 billion - one of the largest in corporate history. They felt that the deal, as it was structured, favored SABMiller's two biggest investors, who own a combined 41 percent of the brewer, and that it continued to undervalue the company. (more...)
Clinton berates Trump over tax reports Clinton berates Trump over tax reports
- October 08, 2016

More respondents also see Trump's refusal to release this taxes as a sign that he's hiding something than that he's under audit from the IRS (57% say he's hiding something, 33% that he's holding back due to an audit). "I can say this: If we get along and Russian Federation went out with us and knocked the hell out of ISIS, that's OK with me folks", Trump said, using an acronym for the extremist group. (more...)

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