Fed officials in muddle over permanent vs temporary inflation lull Fed officials in muddle over permanent vs temporary inflation lull: Federal Reserve officials with competing views about inflation laid out on Friday the quandary facing U.S. policymakers as they wrestle over whether a recent dip in the pace of price […]
U.S. challenged by rising North Korea tensions, Russia urges calm Russia urged “hot heads” to calm down on Friday as the United States admitted it felt “challenged” by North Korea’s warning that it could test a hydrogen bomb over the Pacific and President Donald Trump and Kim Jong Un traded […]
Bettencourt death stirs speculation about L’Oreal ownership Bettencourt death stirs speculation about L’Oreal ownership: The death of billionaire Liliane Bettencourt focused attention on Friday on how L‘Oreal’s founding family and major shareholder Nestle (NESN.S) would manage their stakes in the world’s biggest cosmetics firm. Bettencourt, listed by Forbes as the […]
S&P says downgraded China as credit growth still too fast S&P says downgraded China as credit growth still too fast: China’s attempts to reduce risks from its rapid buildup in debt are not working as quickly as expected and credit growth is still too fast, S&P Global Ratings said on […]
Bond prices, yen rise on North Korea concerns Bond prices, yen rise on North Korea concerns: U.S. Treasury and gold prices rose while the Japanese yen strengthened on Friday as a fresh exchange of barbs between North Korea and the United States fueled geopolitical concerns. North Korea said it might test […]
Shorting volatility Rising risks mean itchier trigger fingers Shorting volatility Rising risks mean itchier trigger fingers: A long stretch of low volatility for U.S. stocks has made betting on continued calm a popular and lucrative trade, but traders and strategists warn that risks to the trade have mounted, while the potential […]
John McCain won’t back Graham-Cassidy bill, likely ending GOP health care push Sen. John McCain announced Friday in a statement that he cannot “in good conscience” vote for the GOP’s latest plan to overhaul Obamacare, likely ending Republicans’ latest effort to repeal and replace the Affordable Care Act. “I cannot […]
First lady set to embark on first solo trip outside US First lady set to embark on first solo trip outside US:- Melania Trump is set to take her biggest step yet as first lady. She’s leading the U.S. delegation to an international sporting event for wounded service members, her […]
Earthquake dims stylish nightlife in Mexico City district Earthquake dims stylish nightlife in Mexico City district:- In the stylish Condesa neighborhood young revelers typically spill out from dimly lit bars and restaurants on a Friday night. But the first weekend since a 7.1-magnitude earthquake toppled buildings just blocks away began […]
Around the world, a muted launch for Apple’s iPhone 8 Around the world, a muted launch for Apple’s iPhone 8: Apple Inc’s (AAPL.O) launch of the iPhone 8 kicked off with less fanfare on Friday than new models in previous years in the United States, Asia, Australia and Britain, as […]
