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Economy

While the Dow jumped by 1.2 percent, the Nasdaq fell by 0.2 percent and the S&P 500 dipped by less than a basis point. "We have had a good earnings season". Treasury prices rose in a curve-flattening trade, leaving the two-year yield (1.36%) and the 10-year yield (2.29%) lower by one and three bps, respectively.
  • The three senators who sunk the Republican health care push

    The three senators who sunk the Republican health care push

    Economy

    He had promised to get major healthcare legislation, tax cuts and a boost in infrastructure spending through Congress in short order. "From the beginning, I have believed that Obamacare should be repealed and replaced with a solution that increases competition, lowers costs, and improves care for the American people".
  • Earnings On Deck For Imperial Oil Limited

    Earnings On Deck For Imperial Oil Limited

    Economy

    APG Asset Management N.V. now owns 646,342 shares of the energy company's stock valued at $19,638,000 after buying an additional 213,779 shares during the period. The original version of this article can be viewed at https://www.chaffeybreeze.com/2017/07/28/foundation-resource-management-inc-has-336000-position-in-imperial-oil-ltd-nysemktimo-updated.html.
  • Japan Slaps Emergency Tariffs On Imports Of Frozen US Beef

    Japan Slaps Emergency Tariffs On Imports Of Frozen US Beef

    Economy

    Japan will raise tariffs on the product from the current 38.5% to 50% until March 2018. The move came in line with the rules of the World Trade Organization (WTO) which allow a rise in tariffs when the volume of imports grows more than 17 percent on year on a quarterly basis.
  • American Airlines Group Inc (AAL) Q2 Earnings Beat As TRASM Advances

    American Airlines Group Inc (AAL) Q2 Earnings Beat As TRASM Advances

    Economy

    American Airlines Group has a one year low of $33.00 and a one year high of $54.48. Federated Investors Inc. PA now owns 11,030 shares of the airline's stock valued at $515,000 after buying an additional 4,225 shares in the last quarter. $1.13M worth of American Airlines Group Inc (NASDAQ:AAL) shares were sold by Leibman Maya . Morgan Stanley reissued an "equal weight" rating and issued a $50.00 target price (up from $49.00) on shares of American Airlines Group in a research report on ...
  • Obama-Era Retirement Savings Program for Workers Gets Cut

    Obama-Era Retirement Savings Program for Workers Gets Cut

    Economy

    Less than three years after it launched, a program created to encourage low-income people to save for retirement is being killed by the government. Obama announced the creation of the myRA program during his State of the Union address in January 2014 as a way to give people who don't already have an IRA or 401 (k) account a way to save for their retirement.
  • BidaskClub Upgrades Yamana Gold Inc. (AUY) to "Buy"

    Economy

    Exane Derivatives now owns 298,998 shares of the basic materials company's stock valued at $825,000 after buying an additional 180,012 shares during the period. They expect $0.03 EPS, up 66.67% or $0.02 from last year's $0.01 per share. T_YRI's profit will be $37.79 million for 20.38 P/E if the $0.04 EPS becomes a reality.
  • Laurene Powell Jobs buying the Atlantic

    Laurene Powell Jobs buying the Atlantic

    Economy

    Bradley, the chairman and owner of Atlantic Media , announcing this morning that he is selling a majority stake in The Atlantic to Emerson Collective, an organization led by philanthropist and investor Laurene Powell Jobs. Emerson's Managing Director of Media Peter Lattman will become vice chairman of The Atlantic , in addition to his current work. Jobs, 53, calls The Atlantic "one of the country's most important and enduring journalistic institutions" reaching back 160 years when ...
  • Wells Fargo has agreed to reimburse more than 500000 auto loan customers

    Wells Fargo has agreed to reimburse more than 500000 auto loan customers

    Economy

    It estimated that the bank owed $73 million to wronged customers. "So Wells has to justify why auto dealers should do business with them". The insurance, known as CPI or collision protection insurance, was purchased by Wells Fargo from third-party vendors if there was no evidence the customer had already purchased insurance.
  • Embracing Harm Reduction, FDA Gives E-Cigarette Industry a Regulatory Reprieve

    Embracing Harm Reduction, FDA Gives E-Cigarette Industry a Regulatory Reprieve

    Economy

    The FDA also said it will take a look at menthol cigarettes and other flavored tobacco products created to appeal to youth, and the health impacts of smoking premium cigars. The US Food and Drug Administration said that it aims to reduce nicotine levels in cigarettes but also encourage smokers to shift towards e-cigarettes as part of a major new regulatory programme.
  • Here's How to Get a Free MAC Lipstick This Weekend

    Here's How to Get a Free MAC Lipstick This Weekend

    Economy

    MAC lipsticks run around $17, so this is a pretty cool freebie. Saturday is the ideal time to snag the color you've been longing for. According to Hollywood Life , the special free lipstick promotion will be available in the U.S.at both the MAC boutique stores and retailers such as ULTA, who carry their makeup line.