• US Federal Reserve holds interest rates steady

    Economy

    While the European Central Bank continues to pump tens of billions of euros into the euro zone economy each month, the Fed has raised interest rates twice in the past six months and is expected to hike them twice more by the end of the year.
  • New York City Cafe Says Starbucks Stole Its Unicorn Drink

    New York City Cafe Says Starbucks Stole Its Unicorn Drink

    Economy

    A few months later, on April 17, Starbucks launched its own limited-edition Unicorn Frappuccino, and the mainstream coffee crowd went wild. Meanwhile, the lawsuit says Starbucks' drink is made from milk and artificial sweeteners. The Brooklyn coffee shop applied for a trademark for its latte in January, but the application is still pending. It's pretty similar to the now viral frappuccino sensation, and the folks behind the latté are now actually suing Starbucks.
  • FY2019 Earnings Estimate for WPX Energy Inc (WPX) Issued By SunTrust Banks

    FY2019 Earnings Estimate for WPX Energy Inc (WPX) Issued By SunTrust Banks

    Economy

    FBR & Co increased their price objective on WPX Energy from $16.00 to $19.00 and gave the stock an "outperform" rating in a research report on Tuesday, December 13th. Rice Energy Inc (NYSE:RICE)'s shares are now trading -29.84% away from the 52-week high price of $29.36 and +27.79% far from the 52-week low price of $16.12.
  • Are 'Flip Or Flop' Couple Back Together? Christina El Moussa Tells All

    Are 'Flip Or Flop' Couple Back Together? Christina El Moussa Tells All

    Economy

    We share the kids 50/50 and our communication is great. They are doing 20 installments for the show's seventh run, and they have filmed five episodes so far, according to People . "We're good", Christina told Daily Pop . They recently hit the red carpet together at the 2017 Daytime Emmy Awards, showing that things are fine and dandy between them, but some media outlets would say it is a little bit too much.
  • France's borrowing costs hit six-month low vs Germany after Macron win

    France's borrowing costs hit six-month low vs Germany after Macron win

    Economy

    Although Macron's victory with his business-friendly vision of European integration ensured there was no repeat of the populist surges that saw Britain vote to leave the European Union and President Donald Trump elected in the United States, the result was widely expected and analysts had forecast no major market moves.
  • What world leaders say about Macron's victory

    Economy

    European Parliament President Antonio Tajani told AFP: "We have received a vote of confidence from France in the European Union". Though Macron's victory is considered positive for the region's economy and the euro, stocks had risen strongly in the previous two weeks on expectations of his win.
  • Berkshire Hathaway shareholder events continue Sunday

    Economy

    Buffett also defended Berkshire's foray into airlines, where it is a top investor in the country's big four carriers, American Airlines, Delta Air Lines, Southwest Airlines Co and United Continental Holdings. It is unclear whether Berkshire booked losses as Buffett began selling some of its stock in IBM Corp, which it has owned for about six years. "We need to bring back the manufacturing jobs that pay a lot", he said in a Bloomberg Television interview on Friday.
  • Australia's Westpac Bank interim net profit up 6%

    Economy

    Reported net profit after tax of $3,907 million, up 6% on the prior corresponding period. ANZ chief executive Shayne Elliott - whose bank lifted first-half profit 23 per cent to $3.4 billion - said he was specifically gearing his bank for a period of low credit growth, with further regulatory moves to rein in riskier interest-only and investor lending in the pipeline.
  • Positive global cues, strong rupee buoy Indian equities

    Economy

    Meanwhile, the NSE Nifty regained the 9,300-mark by rising 24.05 points, or 0.26 per cent, to trade at at 9,309.35. Market breadth, however, was narrow as 1,634 shares advanced against a decline of 1,155 shares declined, while 178 shares were unchanged.