Economy

Negotiations had been expected to begin next week but May's loss of her parliamentary majority in a general election last week raised doubts about the date. Mr Hammond, who may be in the vanguard of the shift, said in Luxembourg that he favours a "pragmatic" Brexit that safeguards jobs and the economy. Working groups will be set up to focus on three key areas - the status of EU citizens living in Britain and British citizens living in the EU; the divorce bill for Britain; and the future of ...
  • London blaze likely killed at least 58, police say

    Economy

    Emergency workers walk on the roof of the fire-gutted Grenfell Tower in London , Friday, June 16, 2017, after a fire engulfed the 24-storey building on Wednesday morning. "I absolutely get why they are angry". Some 600 people were living in the tower's 120 apartments. Ronnie King, the UK's former chief fire officer, told Al Jazeera: "I wouldn't wish to denigrate those who installed the cladding because - whatever the cladding was - it did not have to be fire resistant under the building ...
  • Trump acknowledges he's under investigation

    Economy

    Fired FBI Director James Comey , Robert Mueller (who was the former FBI director during the Bush and Obama eras), and Rosenstein share things in common: Trump wants to fire them. This is all after the president and his supporters initially spoke highly of them, until they all became key players in pushing the investigation against Trump and his campaign.
  • 58 people are presumed dead in Grenfell Tower disaster

    Economy

    The Prime Minister said that some survivors of the blaze may be rehoused in other parts of London despite an assurance from Alok Sharma, the housing minister, that this wouldn't happen. "People have lost their lives, people have had their homes destroyed, they have fled for their lives with absolutely nothing". The cause of the fire is still unknown but "there is nothing to suggest the fire was started deliberately ", London police said in a Friday statement.
  • 58 people missing and presumed dead in London fire; number may increase

    Economy

    One member of Parliament has called for corporate manslaughter charges after learning flammable material was used to clad the building during a recent renovation. The fire at the 24-story public housing project broke out early Wednesday, and it has mushroomed into a political crisis, testing the government of Prime Minister Theresa May .
  • Britain's Hammond to push for United Kingdom to stay in EU customs union

    Economy

    While she is ultimately expected to reach a deal, a source in the Democratic Unionist Party (DUP) told Reuters that an agreement to support her minority government was not likely before next week. Arriving to a meeting with his counterparts in the 28-country EU, Hammond said his "clear view" is "we should prioritize protecting jobs, protecting economic growth and protecting prosperity as we enter those negotiations and take them forward".
  • Analysts See $1.60 EPS for SL Green Realty Corp (SLG)

    Economy

    It has underperformed by 16.70% the S&P500. SL Green Realty Corp.is a self-managed real estate investment trust, with in-house capabilities in property management, acquisitions and dispositions, financing, development and redevelopment, construction and leasing.
  • Belmont win was plenty compelling for Tapwrit's team

    Belmont win was plenty compelling for Tapwrit's team

    Economy

    Tapwrit also became the third Belmont victor in the past four years to be sired by the leading North American stallion Tapit , following Tonalist in 2014 and Creator last year. Epicharis was scratched from Saturday's Belmont Stakes after failing to pass the pre-race veterinary exam performed by Anthony Verderosa, the chief examining veterinarian for the New York Racing Association.
  • Koepka falls into 4-way tie at US Open

    Economy

    He was 10 under, only two shots behind. Casey started the second round just one shot behind Rickie Fowler , and he tied Fowler briefly with a birdie on the par-4 11th hole before dropping a shot on the 12th. PGA Tour rookie Xander Schauffele didn't make a bogey at Erin Hills until his 27th hole, had his hiccup with a double-bogey on the par-3 13th hole but still managed a 73.
  • Fed's lone dissenter Kashkari says weak inflation a concern

    Fed's lone dissenter Kashkari says weak inflation a concern

    Economy

    Their comments were the first public remarks by USA central bankers following Fed Chair Janet Yellen's press conference on Wednesday to explain the Federal Open Market Committee's decision to raise rates for the second time this year. At its latest meeting, the Fed scaled back its inflation forecasts for this year to 1.6 percent but according to policymakers' median forecasts, still sees inflation rising to 2 percent next year.