Business News

Central bankers on the move, but where’s the inflation?

9 months ago admin2 Comments Off on Central bankers on the move, but where’s the inflation?
LONDON (Reuters) – Now the Bank of England has raised interest rates for the first time in a decade, it is beyond doubt major central banks in industrialized economies are eager to shift away from ultra-easy policy. A man walks past the Bank of England in the City of London, Britain, November 2, 2017. REUTERS/Toby Read More

Singapore police examine Goldman’s role in 1MDB deals: Bloomberg

9 months ago admin2 Comments Off on Singapore police examine Goldman’s role in 1MDB deals: Bloomberg
(Reuters) – Singaporean prosecutors and police are looking at Goldman Sachs Group’s (GS.N) relationship with scandal-hit Malaysian state investment fund 1MDB, Bloomberg reported, citing people familiar with the matter. FILE PHOTO: A trader works at the Goldman Sachs stall on the floor of the New York Stock Exchange, New York, U.S. on April 16, 2012. Read More

AIG’s $836 million reserve boost surprises investors; shares sink

9 months ago admin2 Comments Off on AIG’s $836 million reserve boost surprises investors; shares sink
(Reuters) – American International Group Inc (AIG.N) shares sank 4.5 percent on Friday as investors reacted to a surprise $836 million boost to the insurance giant’s reserves, related to prior-year accident claims. FILE PHOTO: A banner for American International Group Inc (AIG) hangs on the facade of the New York Stock Exchange, in New York, Read More

Airbus sales chief says to stay on until successor is found

9 months ago admin2 Comments Off on Airbus sales chief says to stay on until successor is found
HAMBURG (Reuters) – Airbus’ (AIR.PA) long-serving sales chief John Leahy plans to stay on until a successor is found, with a decision expected within the next week or so, he told Reuters on Friday. FILE PHOTO: Airbus Chief Operating Officer-Customers John Leahy attends the 52nd Paris Air Show at Le Bourget Airport near Paris, France, Read More

(+) Trade Recommendation: Dash

9 months ago admin2 Comments Off on (+) Trade Recommendation: Dash
Wow, altcoins have been getting beat down recently. Why? you ask. Good question. Well there are a few reasons why. I first want to talk about why I believe altcoins are taking a beating, then I will talk about what you can do to capitalize on the situation. // — Discuss and ask questions in Read More

$7,410: South Korean Investors are Trading Bitcoin on a High Premium

9 months ago admin2 Comments Off on $7,410: South Korean Investors are Trading Bitcoin on a High Premium
Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. On November 2, the price of bitcoin has surpassed 82.5 million Korean won, or $7,410, in South Korea, one of the most liquid bitcoin markets within the global cryptocurrency market, due to the rapidly increasing demand from local investors, when bitcoin was Read More

Cryptocurrencies’ market cap hits record $200 billion as bitcoin soars

9 months ago admin2 Comments Off on Cryptocurrencies’ market cap hits record $200 billion as bitcoin soars
LONDON (Reuters) – The aggregate value of all cryptocurrencies hit a record high of over $200 billion on Wednesday, according to industry website Coinmarketcap, putting their reported market value at more than that of U.S. banking giant Citigroup (C.N). A copy of bitcoin standing on PC motherboard is seen in this illustration picture, October 26, Read More

U.S. factory orders rise, core capital goods orders revised higher

9 months ago admin2 Comments Off on U.S. factory orders rise, core capital goods orders revised higher
WASHINGTON (Reuters) – New orders for U.S.-made goods rose for a second straight month in September and orders for core capital goods were stronger than previously reported, suggesting manufacturing activity was gathering momentum. FILE PHOTO: A Boeing worker is pictured in the wing system installation area at their factory in Renton, Washington, U.S., February 13, Read More

S&P, Dow flat after jobs data; Apple lifts Nasdaq

9 months ago admin2 Comments Off on S&P, Dow flat after jobs data; Apple lifts Nasdaq
(Reuters) – The S&P and the Dow were flat in late morning trading on Friday after October payrolls data sparked concerns about tepid wage growth while a jump in Apple supported the tech-heavy Nasdaq. The Wall Street sign is seen outside the New York Stock Exchange, March 26, 2009. REUTERS/Chip East/Files Apple (AAPL.O) gained as Read More

BMW recalling 1 million vehicles in North America

9 months ago admin2 Comments Off on BMW recalling 1 million vehicles in North America
WASHINGTON (Reuters) – BMW AG said Friday it is recalling about 1 million vehicles in North America for two separate issues involving fire risks and said it may expand the recalls to other countries. FILE PHOTO: A BMW logo is seen at the 2017 New York International Auto Show in New York City, U.S. April Read More