Economy

Tornadoes in Wisconsin, Oklahoma leave 2 dead

Chetek Mayor Jeff Martin tells KSTP-TV that numerous emergency vehicles have gone to the trailer park. According to the National Weather Service, almost 300 preliminary severe weather reports filed in from Wisconsin to Texas, spanning Tuesday afternoon to early Wednesday.

Top House Democrat Pelosi says independent Russian Federation probe still needed

Several GOP lawmakers have started to distance themselves from Trump amid whispers in Washington about impeachment proceedings and even the prospect of a "President Pence". The party leadership, notably Speaker Paul Ryan, quickly stepped in to ensure the matter was not leaked to the media. In the 1990s, Democrats complained that independent counsel Kenneth Starr, who investigated President Bill Clinton, overstepped his authority.

ACLU Files to Get Comey's Memo on Trump Conversation

When the White House announced that Comey had been let go from his position at the FBI, Trump's surrogates cited a recommendation from deputy Attorney General Rod Rosenstein and US Attorney General Jeff Sessions as motivation for the move. On Monday, the ACLU filed a FOIA request for records related to Trump's dismissal of Comey amid concerns that Comey was sacked in an effort to derail the investigation.

First minister welcomes jobless fall in Wales

Economists polled by Reuters had expected the rate to remain at 4.7 per cent. "As inflation begins to fall back next year as the upward pressure from the drop in the pound starts to fade, we think that real wages will begin to rise again".

Wall Street rises with help from technology, financial, energy stocks

The Dow Jones index was 0.34% higher at 20,967.8 points, and the S&P 500 rose 0.42% to 2,400.9. The Nasdaq Composite Index also hit an intraday record, gaining 0.1% to 6,158. Health care was also among the laggards, dropping 0.4 percent after Pfizer's stock was downgraded to sell from neutral at Citi. Still, some investors and analysts caution that technology stocks, which have risen double-digit percentages in the S&P 500 in 2017, may be vulnerable to a pullback.

Sensex ends 30 points higher; Nifty settles at 9428

Allahabad Bank shares closed 1.96 percent lower at Rs 88 apiece on the BSE. Bajaj Auto ended 1.94 per cent down after the company posted a 15.48 per cent dip in its net profit at ₹802 crore for the fourth quarter ended March 31, 2017. Coal India rallied 2.6%, followed by NTPC and PowerGrid as the GST rate on the hydrocarbon was pegged at 5% as compared with the current tax burden 11.69%, which will make electricity cheaper.

Analysts Expect Chico's FAS, Inc

The stock is expected to report revenue as high as $629M and as low as $607.56M per share. During the same period in the previous year, the company earned $0.05 earnings per share. Gotham Asset Management LLC increased its stake in shares of Chico's FAS by 3,975.6% in the third quarter. If the market is performing well and the stock is over-valued, CHS might be a good investment at this point but if the market is dropping down, you might not consider buying the stock.

Australian Treasurer Unveils Near Universally Popular Budget Measure

Mr Morrison last night argued "quite a top up" was needed to sustain the National Disability Insurance Scheme, which could have a $55.7 billion funding shortfall over the next 10 years. "It doesn't include the regulatory required capital for banks to ensure they're unquestionably strong". "(This will be used) not only for budget fix, but for funding schools and funding public health".

Gold steady as risk appetite fades, dollar pressured

USA gold futures were 0.3% higher at US$1,231.20 an ounce. The yellow metal jumped nearly $17 from the low. It is now trading around $1230.95 North Korea reported today that it had successfully conducted a newly missile test on Sunday. Traders are expecting an nearly 100 per cent probability of an interest rate increase in June, CME Group's FedWatch showed. Gold is highly sensitive to rising rates, which lift the opportunity cost of holding non-yielding assets such as bullion, while boosting ...

US homebuilder sentiment climbs higher in May

In March, the index reached 71 which was the highest since June 2005 during the height of the prior housing boom. "This report shows that builders' optimism in the housing market is solidifying, even as they deal with higher building material costs and shortages of lots and labor", said NAHB Chairman Granger MacDonald, a home builder and developer from Kerrville, Texas.

Duchess of Cambridge releases adorable pic of Princess Charlotte

For Charlotte's first birthday, mom Kate got behind the camera to take the sweet pictures, which showed Charlotte playing around the family's home of Anmer Hall in adorable pink and blue outfits (with matching bows!). The similarities aren't just in her DNA, either; the expression on her face is very much Queen Elizabeth . She was also seen cuddling a rabbit and having a pony ride, under the watchful eye of her mother.

NYC transit providing 'baby on board' buttons for pregnant riders

Now, they will have less of an excuse. MTA already provides disabled riders "priority seating" on buses and trains; while riders are required to relinquish seats in those areas under federal regulations and MTA regulations, the agency said the new courtesy buttons can help riders better identify which customers need seats.

See Axl Rose join Billy Joel on "Highway to Hell"

Axl Rose joins Billy Joel at Dodger Stadium to perform Highway To Hell. Meanwhile, Joel has played a cover of AC/DC's "Highway to Hell" during his sets in the past, and given that Rose subbed in for AC/DC a year ago on tour, it was a flawless fit for him to take on that performance during the encore as well.

Lonmin reports H1 operating loss, cuts spending target

In the six months to March 31, Lonmin's losses before tax rose to $199m, compared to $21m in the same period a year ago. Impairment charges for the interim period totaled $146 million, versus nil charge a year ago, mainly reflecting change in the company's outlook on unit costs and strengthening of the South African rand against the US dollar.

EU's Tusk calls for 'mutual respect' amid election spat with UK

Juncker asserted that he would speak in French due to the upcoming presidential election on Sunday ( 7 May ) and said he would like the French people to understand his message. "The displays that we've seen over the last 48 hours have been very worrying, suggesting quite an unstable approach taken by the prime minister", she said.

HSS Hire Group PLC (HSS) Now Covered by Analysts at Liberum Capital

Credit Suisse Group AG reiterated an underperform rating and set a GBX 750 ($9.70) target price on shares of Pennon Group plc in a report on Wednesday, January 25th. If you are reading this article on another website, it was stolen and republished in violation of global copyright laws. This represents a yield of 1.32%.

Australian conservative government to raise taxes on five biggest banks

Schools have been promised an extra $18.6 billion over the next decade and there'll be some hip-pocket relief for Australians including pensioners. Those savings, including welfare reforms, had artificially reduced the red ink in the budget after they were blocked by opposition lawmakers in a hostile Senate where the government has a wafer-thin majority.

BP plc (ADR) (NYSE:BP) & Ardelyx Inc (NASDAQ:ARDX) News Recap

Analysts give ARDX a mean recommendation of 1.30. Separately, Wedbush reissued an "outperform" rating and set a $24.00 price target on shares of Ardelyx in a research note on Wednesday, February 15th. Wall Street is only getting more bullish on the stock, with 6 of analysts who cover ARDX having a buy-equivalent rating. The share price has moved backward from its 20 days moving average, trading at a distance of -41.87% and stays -43.02% away from its 50 days moving average.

China's Xi appeals to foreign leaders for freer trade

Trump, who has called for import restrictions. A road to "peace and prosperity" could be reached if all involved made joint efforts, although the undertaking still had a long way to go, Xi told journalists in Beijing, the Chinese capital, at the end of a two-day summit on the initiative.

Tunnel collapse renews safety concerns about nuclear site

As per many reports , the region was built in the time of Cold War era, which situated in the 20-by-20 feet of area in hundreds of feet long stretch, now the soil of upper layers of the tunnel has been collapsed. "We're not sure how long that will take", he said. State and local officials will aid the federal government in its response, Gov. Jay Inslee said.

Fight Breaks Out on Southwest Airlines Flight at Burbank

While it was on the tarmac, two men aboard the plane started fighting. The video , which was posted to Twitter , shows two men struggling with each other as other passengers try to break them up. Hamasaki reported from Los Angeles, and Allen reported from Atlanta. The suspect was seen punching the victim multiple times before other passengers could pull him away.

J.C. Penney Company, Inc

Vetr downgraded J C Penney Company from a "strong-buy" rating to a "buy" rating and set a $7.76 target price for the company.in a report on Wednesday, February 8th. The company's past year sales total was 2.81 Billion. The Firm provides gas and fluid handling and fabrication technology services and products to clients around the world.

Eve Sleep launches first retail IPO of the year

The fundraising values the business at £140m. The company is raising the proceeds by way of a conditional placing of 34,587,411 new ordinary shares of 0.1 pence each at 101 pence per share with institutional and other investors. The company focuses on the design, branding, marketing and selling of its products, with other aspects of its operations, including manufacturing and fulfilment, being outsourced.

Emergency Declared At Manhattan Project Nuclear Site In Washington State

Nearby workers were evacuated and hundreds of others farther away were told to remain indoors, the U.S. Department of Energy said. Here's an explainer on the nuclear waste cleanup at Hanford . Hours after authorities scrambled to respond, US Department of Energy authorities determined there is no initial evidence that workers have been exposed to radiation or that there has been an "airborne radiological release".

White House meeting on Paris climate deal delayed

Spicer on Tuesday declined to detail the deliberations, what strategies Trump might be considering or whether there's any conclusion to be drawn from the delay and the postponed meeting top Trump officials had planned to have Tuesday. That move scuttled a carefully worked global compromise and effectively delayed climate action by two decades. Both men have this week pressed Trump to stay on board.

Scott Morrison clears the way for tax cuts in 2018

Along with Prime Minister Malcolm Turnbull, Mr Morrison has crafted a Budget created to reframe political conversations in this country between now and the next federal election in 2019. Australian Bankers' Association chief executive Anna Bligh said the levy was introduced without consultation with the banks and could threaten the stability of the financial system.

President Trump signs executive order giving Churches more political freedom

He vowed to defend all faiths, saying the order showed the United States "will never stand for religious discrimination". "No one should be censoring sermons or targeting pastors", he said. President Donald Trump is signing an executive order that will further weaken enforcement of an IRS rule barring churches and tax-exempt groups from endorsing political candidates.

Agnico Eagle Mines Limited (NYSE:AEM) Broker Views On Wall Street

Agnico Eagle Mines Limited (NYSE: AEM ) had an increase of 23.14% in short interest. Alpha One also assigned press coverage about the mining company an impact score of 0 out of 100, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days.

Crude posts further gain in Asia after suprise USA stocks draw

U.S. West Texas Intermediate (WTI) crude oil futures CLc1 were trading at $47.89 per barrel, up 6 cents from the last settlement. The EIA now estimates US commercial crude oil inventories declined by 7.4 million barrels during April, compared with an average increase of 7.4 million barrels over the past five years.

Modi assures Lanka of India's support

After inaugurating the hospital, when Modi said health and well being of people of Sri Lanka "is a shared priority" then he actually was sending message to the Sri Lankan non-Buddhist Tamils that India cares for them, who are a minority in Sinhalese-Buddhist dominated country.

Merkel's party triumphs in rivals' heartland

Exit polls for ARD and ZDF public television Sunday showed Merkel's Christian Democrats beating the Social Democrats by 34.5 percent to 30.5 percent. It is also the home State of Martin Schulz, the Social Democratic challenger seeking to deny Ms.

US, Japan request urgent Security Council session on North Korea

Those are the missiles the U.S.is most anxious about, with the ability to reach the U.S. West Coast. The U.S. Pacific Command said it was assessing the type of missile but it was "not consistent with an intercontinental ballistic missile".

G7 seen urging Trump to stick with climate pact at summit

The Paris climate agreement itself provides a flexible, nonbinding framework for industrial countries to work within to improve their climate-friendly policies, according to The New York Times. "By expanding markets for innovative clean technologies, the agreement generates jobs and economic growth", the ads say . A withdrawal from the pact "is a key part of your plan to protect US energy producers and manufacturers from regulatory warfare not just for the next four years but also for ...

Sears CEO Lampert blames company's woes on 'irresponsible' media

Sears Holdings Corp (NASDAQ:SHLD) was the target of some unusual options trading activity on Wednesday. Lampert, a hedge fund investor who is rarely seen in public, kicked off his appearance at an annual shareholders' meeting at Sears' headquarters in Hoffman Estates, Illinois with a slideshow of headlines about the company's financial distress, dating back to 2008 .

Oil price tumbles on fears of oversupply

Energy Information Administration. What has proved to be a double whammy for OPEC is the fall in worldwide commodity markets triggered by recent Chinese manufacturing surveys. The contract lost $2.30, or 4.8 percent, to $45.52 on Thursday. Both benchmarks pared losses after Saudi Arabia's OPEC Governor Adeeb Al-Aama told Reuters that OPEC and non-OPEC nations were close to agreeing to extend a deal to curb production by 1.8 million barrels per day (bpd) for six months from January 1.