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Text of the FOMC statement WASHINGTON, July 31 - (Reuters) - Following is the full text of the statement released by the Federal Reserve's Federal Open Market Committee on Wednesday following a two-day meeting: Information received since the Federal Open Market Committee met ...
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Get Ready for a Weaker US Dollar... And Stronger Gold Unemployment in the U.S. is at a half-century low and the S&P 500 is trading at near-record highs. Nevertheless, the Federal Reserve today trimmed interest rates for the first time since the financial crisis on stalled manufacturing growth and an anticipated ...
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Fintech firm Revolut launches a Robinhood-style stock trading service British fintech firm Revolut is jumping into the online brokerage space with its own commission-free stock trading platform. The company launched the service — which lets users buy or sell popular U.S. stocks from Apple to Beyond Meat at the tap of a button ...
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These 20 vehicles are the most stolen new cars in the US America's love affair with horsepower and trucks apparently includes illicit activity. Powerful cars like the Dodge Charger and pickups like the Chevrolet Silverado are among the most-stolen new vehicles in the U.S., according to a new study by the Highway ...
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Japan-South Korea dispute may be good news for memory chip prices An ongoing trade conflict between Japan and South Korea may potentially boost memory chip prices, which have remained low for about a year, according to an analyst. Due to a growing dispute over wartime forced labor, Japan announced stricter ...
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China's factory activity contracted in July, a private survey shows China's manufacturing activity contracted in July, according to results of a private survey released on Thursday. The Caixin/Markit factory Purchasing Managers' Index (PMI) was 49.9 in July — slightly better than expected, but still in contractionary territory.
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IBM Fired as Many as 100000 in Recent Years, Lawsuit Shows International Business Machines Corp. has fired as many as 100,000 employees in the last few years in an effort to boost its appeal to millennials and make it appear to be as "cool" and "trendy" as Amazon and Google, according to a deposition from a former ...
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US Investment Fund Acquires Additional 11 Percent Stake in India's Zee Entertainment Invesco Oppenheimer Developing Markets Fund beat out rumored potential suitors including Comcast, James Murdoch's Lupa Systems and Sony Networks after Zee's parent group said it was looking to sell up to half of its 42 percent stake to a strategic ...
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Apple's Share of Global Smartphones Slips as Samsung, Huawei Gain Based on new survey of global mobile-phone demand, the U.S. scrutiny on Huawei Technologies is not doing much to slow global demand for the Chinese telecom-equipment giant's phones. Strategy Analytics, a Boston-based consultancy, says in a new ...
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Connecticut attorney general launches probe into vaping health claims HARTFORD, Connecticut -- Connecticut launched an investigation Wednesday into the marketing practices of Juul Labs, becoming the latest state to probe the vaping product manufacturer's health claims and appeal to young people. State Attorney General ...
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McDonald's banned from site near ancient Rome baths (CNN) — McDonald's fast food outlets are ubiquitous sights around the world, but Italy's culture ministry has banned the chain from building yet another restaurant in the capital, Rome. The proposed restaurant would have been built next to the ancient Baths ...
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UC Santa Barbara sues Walmart, Amazon and Ikea over Edison light bulbs (CNN) — 140 years after its invention, the Edison light bulb is having another moment. Now, Edison-style bulbs are the center of a new lawsuit. The University of California Santa Barbara is suing five major retailers — Walmart, Target, Amazon, Ikea and Bed ...
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Market Live: Nifty below 11050, Sensex falls 200 pts; Wipro, Bharti Infratel gain Invesco Oppenheimer Fund to buy 11% stake in Zee Entertainment from promoters for Rs 4,224 cr. Invesco Oppenheimer Fund to buy 11% stake in Zee Entertainment from promoters for Rs 4,224. Essel Group July 31 said Invesco Oppenheimer Developing ...
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American Red Cross to give $5 gift cards to blood and platelets donors To help address the current emergency blood shortage, all who come to give blood or platelets with the American Red Cross July 29 through Aug. 29 will receive a $5 Amazon.com Gift Card via email. Currently, the Red Cross has less than a three-day supply ...
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Livonia named as one of the hottest real estate markets in the country Another year, another honor for the housing market in Livonia's 48154 ZIP code. The housing market between Schoolcraft and Six Mile has been once again named one of the hottest real estate markets in the country by realtor.com, coming in at sixth on the ...
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Euro area GDP growth slows to 0.2% while unemployment falls to lowest in nearly 11 years Eurostat on Wednesday reported that GDP grew by 0.2% in the second quarter, meeting expectations and slower than the 0.4% growth in the first quarter. Compared to a year ago, GDP grew by 1.1%. Unemployment fell to 7.5% in June from 7.6%, which is the ...
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CRTC publishes internet code of conduct that ISPs must abide by The Canadian Radio-television and Telecommunications Commission has released an internet code of conduct meant to allow Canadians to benefit from easier-to-understand contracts, clearer information about prices and protection from unexpected ...
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