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Police: 2 dead, officer and woman hurt at Baltimore methadone clinic
BALTIMORE (AP) — Two people are dead and a police sergeant and a woman are injured following a shooting at a methadone clinic in Baltimore, police said…
Jul 15, 2019 16:33 UTC Read More

PSEi surges past 8300 on Fed, BSP easing bets
THE MAIN INDEX surged past the 8,300 mark on Monday as investors continued to bet on monetary policy easing by the US central bank. The bellwether…
Jul 15, 2019 16:09 UTC Read More

Texas woman says she was attacked over floats during tubing trip
NEW BRAUNFELS, Texas (KABB) — This is not how Elizabeth Rose wanted to spend her Sunday afternoon. She was walking around the Lazy L & L…
Jul 15, 2019 11:43 UTC Read More

Hacked Crypto Exchange Bitpoint Discovers More Millions Are Missing
After announcing a $30-million hack last week, Japan-based cryptocurrency exchange Bitpoint says it's discovered that another $2.3 million is missing. A report…
Jul 15, 2019 07:59 UTC Read More

WATCH: Why the Fed chief is concerned about Facebook's Libra
Ovex CEO Jonathan Ovadia talks to Business Day TV about the Jerome Powell's view of cryptocurrencies.
Jul 15, 2019 07:03 UTC Read More

Stocks fall slightly from records as investors cautious on upcoming earnings reports
Stocks slipped after reaching record highs on Monday as Wall Street remained cautious to start off the corporate earnings season.
Jul 15, 2019 06:28 UTC Read More

What Trump's Bitcoin Tweet Changes
Let's be clear: It was not the substance of Donald Trump's tweet that made his critique of bitcoin and Libra so important last week. It should be of no surprise that…
Jul 15, 2019 03:59 UTC Read More

Fed poised to get in first with rate cut despite market risks
The Federal Reserve looks poised to beat the European Central Bank out of the blocks with a rate cut that looks set for its next meeting on July 31.
Jul 15, 2019 01:29 UTC Read More

China second quarter GDP grows 6.2% year-on-year, in line with expectations
BEIJING (Reuters) - China is expected to report on Monday that economic growth slowed to its weakest pace in at least 27 years in the second quarter,…
Jul 14, 2019 23:20 UTC Read More

China second-quarter GDP growth set to slow to 6.2%, 27-year low, as trade war bites
China is expected to report on Monday that economic growth slowed to its weakest pace in at least 27 years in the second quarter, reinforcing the case for more…
Jul 14, 2019 23:20 UTC Read More

THE RUPEE: weak trend witnessed
The rupee depreciated against the dollar on the money market during the week, ended on July 13, 2019. The rupee dropped 40 paisas versus the dollar for…
Jul 14, 2019 23:13 UTC Read More

THE RUPEE: weak trend witnessed
The rupee depreciated against the dollar on the money market during the week, ended on July 13, 2019. The rupee dropped 40 paisas versus the dollar for…
Jul 14, 2019 23:13 UTC Read More

U.S. proposes barring big tech companies from offering financial services, digital currencies
A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for discussion by the…
Jul 14, 2019 22:05 UTC Read More

U.S. proposes barring big tech companies from offering financial services, digital currencies
A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for discussion by the…
Jul 14, 2019 22:02 UTC Read More

U.S. proposes barring big tech companies from offering financial services, digital currencies
(Reuters) - A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for…
Jul 14, 2019 22:02 UTC Read More

[email protected]: ASX set to slide at the open despite 'buy everything' mantra
The Australian sharemarket is tipped to start the week trading lower despite Wall Street reaching a *fresh* record high on Friday.
Jul 14, 2019 21:52 UTC Read More

Secret deodorant donates $529000 to US women's soccer, helps close pay gap
NEW YORK (AP) — Procter & Gamble, a sponsor of the U. S. Women's National Soccer Team, is now supporting its members' fight for equal pay. The company…
Jul 14, 2019 20:51 UTC Read More

Marching toward a debt crisis TheHill
We're marching into a fiscal crisis and few of our leaders seem to care about debt or know how to tackle it.
Jul 14, 2019 20:00 UTC Read More

Earnings season, Amazon Prime Day – What to know in the week ahead
Traders this week will have plenty to sink their teeth into, between the start to second-quarter earnings season, hearings on Facebook's controversial new…
Jul 14, 2019 15:30 UTC Read More

Pamplona festival ends with 3 gorings in final bull run
PAMPLONA, Spain (AP) — A bull broke from the pack and gored two Australians and a Spaniard during Sunday's final bull run of this year's San Fermin festival,…
Jul 14, 2019 14:27 UTC Read More

For Decoding Labor Market, Unemployment Rate May Not Do the Job
A low jobless rate should mean a tight labor market and inflation on the rise. Instead, wage growth has been muted and inflation weak, leading economists to…
Jul 14, 2019 13:59 UTC Read More

Inflation is solved: Why the Fed is cutting rates with full employment
The economy — with full employment and sky-high stock markets — is screaming for an interest rate rise. But the US Fed and the ECB have signaled they're…
Jul 14, 2019 11:34 UTC Read More

Fed primed to cut rates, but still debating depth
By Simon Kennedy The countdown to the Federal Reserve's interest rate decision of July 31 is underway with investors debating whether policy makers will cut…
Jul 14, 2019 11:16 UTC Read More

Central Banks Are Tossing Grenades Rather Than Firing Bazookas
Central bankers readying to fight another economic downturn are tossing hand grenades rather than firing bazookas.
Jul 14, 2019 11:00 UTC Read More

Bond Traders Locked In for July Seek Answers About Rest of 2019
Bond traders appear certain that the Federal Reserve is on the brink of its first rate cut since 2008. The biggest question, as the market girds for a barrage of…
Jul 14, 2019 04:00 UTC Read More

While RBA looks for unemployment to fall, jobs market has other ideas
The RBA is looking for unemployment to fall to levels not seen since 2008. All indications are that is unlikely to happen anytime soon, despite the bank's efforts to…
Jul 13, 2019 19:33 UTC Read More

Jerome Powell is becoming central banker to the world
Federal Reserve Chairman Jerome Powell is starting to sound a bit like he's the world's central banker. In congressional testimony last week, he repeatedly cited…
Jul 13, 2019 11:32 UTC Read More

Has the Federal Reserve fallen victim to bond market bullies?
The bond market "vigilantes" of old used to bully wastrel governments. Now they appear to have moved on to a grander target — the US Federal Reserve.
Jul 12, 2019 23:26 UTC Read More

The Dow, the S&P 500 and the Nasdaq hit new records. This is how we got here
New York (CNN Business) The Dow and the broader stock market are at all-time highs, with six record closes this week alone, including Friday's triple record.
Jul 12, 2019 20:13 UTC Read More

The next big risk that could end the stock rally is here
Stocks could struggle in the week ahead if earnings reports focus on the murky economic outlook and negative impacts from the trade war.
Jul 12, 2019 16:54 UTC Read More

Republicans Praise Fed Chair Powell Amid Constant Trump Attacks
Let Donald Trump tell it and Jerome Powell is the worst Federal Reserve Chair in history, mainly because he won't give president a rate cut.
Jul 12, 2019 16:18 UTC Read More

'Trumpified' Federal Reserve Reopens The Bar
As former Federal Reserve Chairman William McChesney Martin famously remarked, a central banker's job is to take away the punchbowl just as the party gets…
Jul 12, 2019 11:10 UTC Read More

President Trump’s Criticism of the Fed Hasn’t Shifted Perception of Its Independence, Economists Say
President Trump's repeated attacks on the Federal Reserve haven't significantly damaged perceptions of the central bank's independence, according to…
Jul 12, 2019 09:59 UTC Read More

Fed chair Powell just called bitcoin a ‘speculative store of value’ like gold — adding weight to the safe haven theory
Business Insider - "Really almost no one uses bitcoin for payments, they use it as an alternative to gold," Powell said.. Read more at businessinsider.sg.
Jul 12, 2019 09:21 UTC Read More

Jerome Powell Is Becoming Central Banker to the World
(Bloomberg) -- Federal Reserve Chairman Jerome Powell is starting to sound a bit like he's the world's central banker. You are using a private or incognito…
Jul 12, 2019 06:11 UTC Read More

Asian shares ease as Trump rekindles China-US trade tensions
SHANGHAI — Asian shares pulled back on Friday as worries over renewed China-US trade tensions weighed on sentiment ahead of the release of June trade…
Jul 12, 2019 01:24 UTC Read More

Fed Chairman Jerome Powell Compares Bitcoin to Gold
Federal Reserve Chairman Jerome Powell said he can envision a return to an era where multiple currencies are in use in the United States. During Powell's…
Jul 11, 2019 23:02 UTC Read More

Fed's Powell affirms rate cut view; others see US economy humming
As Federal Reserve Chair Jerome Powell kept the focus Thursday on global risks that could trigger a Fed rate cut in coming weeks, his colleagues…
Jul 11, 2019 23:01 UTC Read More

On The Money: Fed chief warns of 'unthinkable' harm if debt ceiling breached Powell basks in bipartisan praise amid Trump attacks Federal deficit jumps to $747 billion TheHill
Happy Thursday and welcome back to On The Money. I'm Sylvan Lane, and here's your nightly guide to everything affecting your bills, bank account and bottom…
Jul 11, 2019 22:35 UTC Read More

Trump, AOC, And Jerome Powell All Agree — The Fed Got Employment Wrong
This article is part of TPM Cafe, TPM's home for opinion and news analysis. We now know all too well that in the run-up to the Great Recession, policymakers…
Jul 11, 2019 22:13 UTC Read More

Fed Chairman Powell: Bitcoin Is A Store of Value Like Gold
Federal Reserve Chairman Jerome Powell in his second day of testimony before the U.S. Senate indicated that like gold, bitcoin is a store of value.
Jul 11, 2019 22:04 UTC Read More

Australia: S&P/ASX 200 (.AXJO) higher after dovish comments from Federal Reserve chairman Jerome Powell gave markets renewed hopes of extra policy stimulus
Australia: S&P/ASX 200 (.AXJO) higher after dovish comments from Federal Reserve chairman Jerome Powell gave markets renewed hopes of extra policy…
Jul 11, 2019 22:00 UTC Read More

Powell sends further signals of future rate cuts
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell, testifying for a second day before Congress, said Thursday that the economy is in a "very…
Jul 11, 2019 21:55 UTC Read More

Dow, S&P end in record territory after Powell boosts expectations for Fed rate cut
Nasdaq closed 6 points lower, even as Federal Reserve Chairman Jerome Powell reinforced expectations for an interest rate cut later this month.
Jul 11, 2019 20:18 UTC Read More

Defiance of Congress Melts Federal Reserve Credibility
In advance of his testimony yesterday before the House Financial Services Committee, Federal Reserve Chairman Jerome Powell was the subject of a…
Jul 11, 2019 17:53 UTC Read More

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