• US Federal Reserve hikes rates again as confidence in the economy grows
US Federal Reserve hikes rates again as confidence in the economy grows

In discussing the rate hike , the committee referenced the pickup in household spending in recent months and continued improvement in investment spending. According to the Commerce Department, retail sales fell 0.3 percent in May, which was the first decline since February and biggest drop in 16 months since January 2016.

Read more

  • Why privatizing air traffic control could raise your ticket price
Why privatizing air traffic control could raise your ticket price

He is scheduled to give remarks on the plan he'll send to Congress at 11:30 a.m.in the East Room of the White House. The plan is similar to a bill proposed past year by New York GOP Rep. Now managing more than 50,000 flights per day, FAA air traffic controllers have led one of the safest aviation programs in the world. But aviation groups say t...

Read more

  • Powerball and Mega Millions players may fall victim to Illinois budget crisis
Powerball and Mega Millions players may fall victim to Illinois budget crisis

Serby said Powerball business is doing well after the news pushing Saturday's prize up to $52 million as of Friday afternoon. In Streator, officials at Circle K East and Casey's said they don't expect their lottery sales to change drastically if Powerball and Mega Millions leave the state.

Read more

  • Donald Trump Continues Twitter War on Russia Probe, 'Fake News' Media
Donald Trump Continues Twitter War on Russia Probe, 'Fake News' Media

The Washington Post , citing anonymous sources, had reported some hours earlier that Mueller, who is probing Russia's election interference and the possible links between Moscow and Trump's campaign, had added a key element to that probe, namely that the President would now be under investigation for obstruction of justice .

Read more

  • Greek PM hopes deal will be reached at Eurogroup meeting
Greek PM hopes deal will be reached at Eurogroup meeting

The money will be targeted towards Greece's next loan repayments as well as the country's current financial needs. Macron wants to work with Germany to strengthen the 18-year-old common currency, which was almost wrecked by the sovereign debt crisis.

Read more

  • Brexit minister Davis: 'No doubt' over Britain leaving EU
Brexit minister Davis: 'No doubt' over Britain leaving EU

A second phase of talks on future trade relations will follow only after they are satisfied that sufficient progress has been made on these issues. Hammond said his presence at the EU finance ministers' meeting was "a sign of our commitment to being close partners with the European Union after we've left".

Read more

  • Syria campaigners name refugee as London fire victim
Syria campaigners name refugee as London fire victim

Sawsan Choucair, Nadia's sister, made a tearful appearance on ITV on Thursday morning, revealing she had called them around 3am during the blaze. The remains of a number of people are still inside the ruins of Grenfell Tower, in north Kensington.

Read more

  • The Cheesecake Factory Incorporated (CAKE) Stock Rating Reaffirmed by Wells Fargo & Company
The Cheesecake Factory Incorporated (CAKE) Stock Rating Reaffirmed by Wells Fargo & Company

Telsey Advisory Group has "Outperform" rating and $66 target. This is 16.24 % from the last stock price. The stock of Cheesecake Factory Inc (NASDAQ:CAKE) earned "Buy" rating by Maxim Group on Wednesday, June 14. portfolio. The latest reports which are outstanding on Friday 16th of June state 3 analysts have a rating of "strong buy", 3 analysts "bu...

Read more

  • Camden Property Trust (CPT) Stock Rating Upgraded by BMO Capital Markets
Camden Property Trust (CPT) Stock Rating Upgraded by BMO Capital Markets

The Presima Inc holds 34,700 shares with $2.92 million value, down from 44,900 last quarter. It has outperformed by 0.45% the S&P500. Moreover, Gsa Cap Prns Llp has 0.02% invested in Camden Property Trust (NYSE: CPT ). Among 23 analysts covering Visa Inc. One investment analyst has rated the stock with a sell rating, three have issued a hold rating...

Read more

  • UK: Economy, jobs main focus in Brexit
UK: Economy, jobs main focus in Brexit

Nearly a year after Britain voted to leave its biggest market, the talks come amid signs the U.K.is softening its approach to the split and adopting a more conciliatory tone. He wouldn't be drawn on whether he supported Britain's continued membership in the single market and said May's minority government will negotiate in a "pragmatic" manner, str...

Read more

  • Quarterly Financial Watch for Century Aluminum Company (NASDAQ:CENX)
Quarterly Financial Watch for Century Aluminum Company (NASDAQ:CENX)

The target price for Century Aluminum Co. It improved, as 66 investors sold MRK shares while 603 reduced holdings. (NYSE:MRK). Seabridge Inv Advisors Ltd Limited Liability Company stated it has 0% of its portfolio in Merck & Co., Inc. Finally, BMO Capital Markets reissued a "hold" rating and set a $14.00 target price on shares of Century Aluminum C...

Read more

  • US Fed raises rates, provokes caution in Indian markets
US Fed raises rates, provokes caution in Indian markets

Deepening political turmoil in Washington also weighed on the greenback and U.S. Treasury yields, with the Washington Post reporting that U.S. President Donald Trump is being investigated by special counsel Robert Mueller for possible obstruction of justice.

Read more

  • Philippine Police Identify Resort Attacker As Indebted Gambler
Philippine Police Identify Resort Attacker As Indebted Gambler

The suspect, armed with an automatic rifle, stormed the Resorts World Manila around midnight Thursday. Police in the Philippines say they are questioning a taxi driver who may be able to provide details on the suspect in the Manila casino attack that killed dozens of people.

Read more

  • Mumbai serial blasts case verdict out: Abu Salem, Mustafa Dossa found guilty
Mumbai serial blasts case verdict out: Abu Salem, Mustafa Dossa found guilty

The court also convicted Firoz Khan, Karimullah Shaikh and Tahir Merchant for conspiracy and murder charges. Abdul Qayyum, also an accused in the case, was acquitted of all charges by the court, which has ordered his release on a personal bond.

Read more

  • Chuck Schumer mocks Donald Trump's praise-filled Cabinet meeting
Chuck Schumer mocks Donald Trump's praise-filled Cabinet meeting

Chief of staff Reince Priebus said; "We thank you for the opportunity and blessing.to serve your agenda", Secretary of health and human service "what an incredible honor it is" to lead his department "at this pivotal time under your leadership".

Read more

  • Amazon's purchase of Whole Foods 'bought a distribution network,' expert says
Amazon's purchase of Whole Foods 'bought a distribution network,' expert says

Amazon could try to cut operational costs at Whole Foods by using the same types of robots that already move inventory around at its e-commerce fulfillment centers. " Amazon didn't just buy a grocery retailer". " Whole Foods Market will continue to operate stores under the Whole Foods Market brand and source from trusted vendors and ...

Read more

  • Russia Investigation Now Includes Jared Kushner
Russia Investigation Now Includes Jared Kushner

Because the investigation now includes questions about whether or not President Donald Trump may have obstructed justice in conversations with former FBI Director James Comey who he later fired , Rosenstein's involvement has come under scrutiny.

Read more

  • Brexit talks under way: Britain and European Union arguing about what to discuss
Brexit talks under way: Britain and European Union arguing about what to discuss

While post-Brexit Britain will remain an important export market for the EU-27, its isolation in Europe and loss of preferential access to the bloc's trading partners could have dramatic consequences. "Our view is that a withdrawal agreement and terms of the future relationship must be agreed alongside each other", a spokesman for Britain's Brexit ...

Read more

  • Fed Raises Interest Rate by a quarter point
Fed Raises Interest Rate by a quarter point

The Dow Jones industrial average rose 0.2 percent, to a record 21,374.56. The move reflects confidence in the economy , which the Fed described as great progress, including an increased number of jobs and a drop in the unemployment rate.

Read more

  • Intermediate Treasuries Sell Off on Fed's Plan to Shrink Balance Sheet
Intermediate Treasuries Sell Off on Fed's Plan to Shrink Balance Sheet

While the rate rise was nearly 100% priced into the bond market, the Fed's formal statement leaned hawkish with the unexpected announcement of a plan to scale back its asset reinvestment program by not replacing assets as they mature. The Fed has announced that it will unwind its $4.5-trillion balance sheet, or portfolio of bonds including Treasu...

Read more