Economy

Durant efficiently powered the Warriors to their second title in three years as they beat the Cavaliers 129-120 in Game 5. "Has anyone ever thought that Donald Trump was a great leader?" Stephen Curry tucked a celebratory cigar into his right sock for safekeeping as he handled all of his post-championship obligations.
  • Mixed close on Wall Street as Fed raises rates

    Mixed close on Wall Street as Fed raises rates

    Economy

    It gave no hint of when that might occur. Fed officials have concluded that the economy , now entering its ninth year of expansion, no longer needs the ultra-low borrowing rates they supplied beginning in the Great Recession. But the Fed's forecasts are only predictions and are frequently revised as its assessments evolve. "What investors want to know most is the pace of rate hikes going forward", said Ayako Sera, senior market economist at Sumitomo Mitsui Trust in Tokyo .
  • Commerzbank Aktiengesellschaft Increases Position in Comcast Corp New (CMCSA)

    Economy

    The firm has "Neutral" rating by JP Morgan given on Friday, April 15. Horizon Kinetics LLC increased its position in shares of Comcast Corporation by 0.3% in the fourth quarter. Its price to sales ratio of 1.01 ranks lower than the industry's 3.71. It also reduced United Parcel Service Inc (NYSE:UPS) stake by 3,658 shares and now owns 36,805 shares.
  • UK central bank divided over whether to raise interest rates

    UK central bank divided over whether to raise interest rates

    Economy

    In the biggest division on interest rates in six years, the Monetary Policy Committee voted by five members to three to maintain the key interest rate at a record-low 0.25 per cent. Ben Brettell, senior economist at Hargreaves Lansdown, said: "Set against a backdrop of disappointing retail sales, slowing growth, shrinking real wages and heightened political uncertainty, it was somewhat surprising that three MPC members voted for higher rates at this week's policy meeting".
  • US consumer prices slipped 0.1 percent in May

    US consumer prices slipped 0.1 percent in May

    Economy

    CPI dips 0.1 percent in May * U.S. retail sales fall 0.3 percent in May * Weak U.S. data reduces bets on third 2017 Fed rate increase * Fed to release policy decision at 2 p.m EDT (1800 GMT) By Sam Forgione NEW YORK, June 14 (Reuters) - Medium- and long-dated U.S.
  • Greece to get 'more clarity' about debt deal

    Economy

    Eurogroup chief Jeroen Dijsselbloem expects deal on Greece's bailout at meeting of eurozone finance ministers. The eurozone's top official says Greece will get more clarity about the sort of debt relief it will get when it concludes its third bailout program next year.
  • 'An attack on all of us': Gunman taken down after shooting 4

    Economy

    Senator Jeff Flake (R-Ariz.) was one of the congressmen targeted and attacked by crazed "Bernie bro" Wednesday at the practice baseball game in Virginia , but rather than take a break from politics, his political opponent decided it was the flawless time for her own attack.
  • Lexington Realty Trust: Lexington Realty Trust Announces Quarterly Common Share Dividend

    Economy

    Summit Hotel Properties Inc (NYSE:INN) has risen 48.87% since June 14, 2016 and is uptrending. It has outperformed by 1.37% the S&P500. Among 9 analysts covering Versartis Inc ( NASDAQ:VSAR ), 8 have Buy rating, 0 Sell and 1 Hold. (NASDAQ:BDGE) on Tuesday, May 23. Its down 0.10, from 1.19 in 2016Q3. 94 funds opened positions while 169 raised stakes. 127.47 million shares or 0.76% less from 128.45 million shares in 2016Q3 were reported.
  • Asian markets wary after Fed raises interest rates

    Economy

    The benchmark USA 10-year Treasury yield slumped to 2.14% Wednesday as disappointing US inflation and retail sales numbers overshadowed the Fed meeting outcome. But with core PCE up just 1.5 percent now, the Fed's year-end forecast of 1.7 percent is still two tenths of a percent lower than in March. The dollar index, which tracks the greenback against six major currencies, fell to its lowest level since November 9 in early trading after the release of weaker-than-expected US inflation ...
  • Major roads blocked in Johannesburg as taxi drivers strike

    Major roads blocked in Johannesburg as taxi drivers strike

    Economy

    Thousands of commuters across Gauteng were left stranded after mini-bus taxis of The South African National Taxi Association (Santaco ) embarked on protest action by blocking major highways between Johannesburg and Pretoria. Gauteng education MEC Panyanza Lesufi called for parents to keep their kids at home due to the massive disruptions. University of Johannesburg spokesperson Herman Esterhuizen said the university had completed its exams with very few students still on campus.
  • Shopify (NYSE:SHOP) Loses "Buy" Rating

    Economy

    Scge Management L.P. bought a new position in Shopify during the fourth quarter valued at $37,297,000. Toronto Dominion Bank raised its position in Shopify by 148.1% in the first quarter. The correct version of this report can be accessed at https://www.themarketsdaily.com/2017/06/14/shopify-inc-us-shop-position-maintained-by-zurcher-kantonalbank-zurich-cantonalbank-updated-updated.html.