Reading man says Social Security boost not enough

The CPI-W gives less weight to medical care and housing costs - two categories that have climbed by more than 7 percent and nearly 5 percent, respectively, over the past 12 months - and more weight to gasoline, which has deeply plunged over the pas... More..

by | Published more than a month ago
A glimpse at what Trump TV might look like
by | Saturday, October 22, 2016

A glimpse at what Trump TV might look like

Thirty minutes before Wednesday night's final debate of the 2016 presidential campaign, Donald Trump's Facebook page launched a live video feed some have called a "beta test" of the much-rumored "Trump TV" ...More..

NY Gov. Cuomo OKs fines for illegal Airbnbs
by | Saturday, October 22, 2016

NY Gov. Cuomo OKs fines for illegal Airbnbs

Airbnb says the NY legislature has ignored the wishes of their constituents. The bill is a follow up to a 2010 law that prohibits rentals of less than 30 days in a multi-unit building if the tenant is not p...More..

by | Saturday, October 22, 2016

Popular Websites Disrupted As Key Firm Gets Hit By Cyberattack

In addition to the social network Twitter and music-streamer Spotify, the discussion site Reddit, hospitality booking service Airbnb and The Verge news site were among companies whose services were disrupted ...More..

Where are Pandora Media, Inc. (NYSE:P) Shares Headed?
by | Saturday, October 22, 2016

Where are Pandora Media, Inc. (NYSE:P) Shares Headed?

Royal Bank Of Canada restated a "sector perform" rating on shares of Valeant Pharmaceuticals International in a report on Monday, June 27th. Morgan Stanley reiterated an "overweight" rating and issued a $42.00 ...More..

Stock Update on Earnings & Estimates for TearLab Corporation (NASDAQ:TEAR)
by | Friday, October 21, 2016

Stock Update on Earnings & Estimates for TearLab Corporation (NASDAQ:TEAR)

Separately, Hovde Group cut United Financial Bancorp from an "outperform" rating to a "market perform" rating and set a $14.00 price objective on the stock.in a research report on Wednesday, July 20th. will pos...More..

Morgan Stanley (MS) could surge as high as $46
by | Friday, October 21, 2016

Morgan Stanley (MS) could surge as high as $46

Analysts had expected revenue of US$8.17 billion.Morgan Stanley wraps up a surprisingly strong quarter for big USA banks. Morgan Stanley had a net margin of 13.27% and a return on equity of 6.41%. that's goin...More..

Bank places 100 'lucky pennies' across US worth $1000 each
by | Friday, October 21, 2016

Bank places 100 'lucky pennies' across US worth $1000 each

The penny features the Ally Financial logo on one side and "100,000 cents" on the other. The cities included in the initiative, which began October 18 and runs through December 31, include Austin, Charlotte...More..

American Airlines 3Q profit falls on lower revenue
by | Friday, October 21, 2016

American Airlines 3Q profit falls on lower revenue

American executives have previously said that 87 percent of passengers - representing about half of the carrier's revenues - fly the airline only once per year and shop largely based on price.American was still...More..

by | Tuesday, October 18, 2016

Germany's Merkel renews warning on Britain and immigration

A flood of nearly a million migrants into Germany a year ago, many from Syria and Iraq, has hit Merkel's popularity at home. The chancellor said that exempting the United Kingdom from European Union rules wou...More..

by | Monday, October 17, 2016

Oil prices plummet 2% as players take profit on OPEC-fueled gains

Crude oil prices bounced above $51 a barrel after a report that US fuel inventories may have fallen for a fifth straight week. No decision will be taken at OPEC's talks in Istanbul, but there will be discussi...More..

Kyrgios fined $16500 for behavior at Shanghai Masters
by | Monday, October 17, 2016

Kyrgios fined $16500 for behavior at Shanghai Masters

Murray, a Kyrgios ally and mentor, said it was up to the ATP to decide the appropriate penalties for disciplinary breaches, admitting he did not see the freakish encounter that had prompted Thursday's ATP inves...More..

by | Sunday, October 16, 2016

Wells Fargo CEO walks with $130 million

The bank has also lost some retail customers, though Wells is still opening more accounts than it is closing, senior executives said on an internal call on Monday that was reported by the Wall Street Journ...More..

by | Saturday, October 15, 2016

British pound recovers slightly following post-Brexit fall

The recently buoyant dollar came under pressure in Asian trading on Wednesday, as sterling partially rebounded from its dramatic losses in the previous session. Mike Rake, the chairman of BT, said imported mobi...More..

China's September crude imports rise 18 percent to daily record
by | Friday, October 14, 2016

China's September crude imports rise 18 percent to daily record

Dow and S&P futures both dropped 0.5 percent. They come just a week before the release of third-quarter growth data that are tipped to show the economic powerhouse and key driver to world trade growing at its...More..

Despite Rising Oil Glut, OPEC Increases Production Again
by | Friday, October 14, 2016

Despite Rising Oil Glut, OPEC Increases Production Again

Analysts polled by Reuters forecast that the EIA will cite a build of 300,000 barrels. The data for gasoline also reflected a build with a growth of 0.7 million barrels, this is its second straight week of a 0....More..

by | Thursday, October 13, 2016

Clinton proposes tax relief for families with young kids

Economists at the Tax Foundation have previously worked with Trump's campaign to help evaluate his tax plan - though last month, that working relationship was strained publicly after campaign officials made con...More..

by | Thursday, October 13, 2016

Las Vegas casino execs back stadium for Raiders

Even if the political process in Nevada culminates in the bill becoming law, the Raiders will need a total of 24 owners to approve a relocation. It would yield $750 million for the stadium and $420 million for ...More..

by | Wednesday, October 12, 2016

Despite recall, Samsung tips higher-than-expected profit

Samsung later issued a statement: "Until we are able to retrieve the device, we can not confirm that this incident involves the new Note7". However, nothing has been confirmed on it as of now. The company was...More..

Ford Mustang Factory Temporarily Idled Because Of Decline In Sales
by | Wednesday, October 12, 2016

Ford Mustang Factory Temporarily Idled Because Of Decline In Sales

Workers will be paid in the interim. Ford has exceeded a lot of our expectation when it came to the Ford Mustang but now that it has been around for a few years, sales are starting to drop and that had forc...More..

Exxonmobil Investment Management Inc Tx Lowers stake in Delta Air Lines (DAL)
by | Wednesday, October 12, 2016

Exxonmobil Investment Management Inc Tx Lowers stake in Delta Air Lines (DAL)

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in the last quarter reported its actual EPS of $0.43/share where the analyst estimated EPS was $0.41/share. On Jul 18, 2016, Richard H Anderson (Exe...More..

United States poised to respond to alleged Russian hack
by | Wednesday, October 12, 2016

United States poised to respond to alleged Russian hack

In the leaked audio clip, Trump made lewd remarks about an unidentified married woman he hoped to have sex with, boasting about how easy it was to attract women with his celebrity status and even talked about g...More..

by | Monday, October 10, 2016

Chicago suspending business with Wells Fargo for a year

Employees created fake PIN numbers and email addresses to enroll unsuspecting customers and moved money from their existing accounts into the unauthorized ones. " Wells Fargo had been assigned as the sole bo...More..

Cuomo: Work train 'violated the space' of LIRR commuter train
by | Monday, October 10, 2016

Cuomo: Work train 'violated the space' of LIRR commuter train

Both trains were travelling east when they collided just after 9pm on Saturday. Cuomo said the National Transportation Safety Board was on its way to investigate the situation. The incident occurred at New Hy...More..

AP Top 25 to be released Monday because of delayed game
by | Monday, October 10, 2016

AP Top 25 to be released Monday because of delayed game

Nikki Haley said Wednesday night that she told the school no state resources would be available as they normally are to help with game traffic. Georgia's Kirby Smart and South Carolina's Will Muschamp got an ...More..

Hungary opens referendum to defy European Union refugee quota plan
by | Sunday, October 09, 2016

Hungary opens referendum to defy European Union refugee quota plan

On Sunday evening, despite the low turnout Orban described the result of the referendum as "excellent", mentioning that this referendum gathered around 15 percent more voters than the last elections to the Eu...More..

by | Sunday, October 09, 2016

Qatar may boost Deutsche Bank stake to 25 per cent

In return for continued patronage, the Qatari fund may want the bank to refocus on its daily business in a bid to maintain market share in key businesses such as investment banking. Deutsche is in the midst of ...More..

33 missing in east China landslides
by | Saturday, October 08, 2016

33 missing in east China landslides

Typhoon Megi dealt a serious blow to Taiwan and southeastern China, buffeting the former with strong winds before swamping the latter with widespread flooding. Meanwhile, thousands of people were relocated, as...More..

Mall stabbing victims asked if they were Muslim
by | Friday, October 07, 2016

Mall stabbing victims asked if they were Muslim

Cloud. Witnesses told the Federal Bureau of Investigation that Adan, who was armed with two steak knives and later shot and killed, referenced Islam during the attack at Crossroads Center mall. "That isn't di...More..

India's private sector economy loses momentum: Composite PMI
by | Thursday, October 06, 2016

India's private sector economy loses momentum: Composite PMI

South African firms have borne the brunt of sluggish economic growth since a 2009 recession, with GDP expansion seen little above zero percent this year.. A reading above 50 indicates growth. New orders also r...More..

After testy VP debate, Trump rebuffs claim he 'loves' Putin
by | Thursday, October 06, 2016

After testy VP debate, Trump rebuffs claim he 'loves' Putin

While in OH on Wednesday, Bill Clinton lauded Hillary Clinton's running mate, Tim Kaine, as a "world-class problem solver" who did well in the debate. She was huddling with campaign chairman John Podesta, top p...More..

Caelus discovers huge light oil reserves in Alaska
by | Thursday, October 06, 2016

Caelus discovers huge light oil reserves in Alaska

Caelus Energy Alaska Smith Bay has a 75% ownership in the state leases at Smith bay, while NordAq Energy Inc. holds a 17.5% interest and L71 Resources a 7.5% interest. Some 183 feet of net pay was measur...More..

India's central bank cuts key lending rate to 6.25 percent
by | Wednesday, October 05, 2016

India's central bank cuts key lending rate to 6.25 percent

The MPC-appointed by the government on September 23-includes three non-RBI members: Pami Dua, director of the Delhi School of Economics; Chetan Ghate, a professor at the Indian Statistical Institute; and Ravind...More..

Petrol price hiked 14 paise a litre, diesel by 10 paise
by | Wednesday, October 05, 2016

Petrol price hiked 14 paise a litre, diesel by 10 paise

That was the third increase in rates in petrol in two months, while in the case of diesel, it was the second price reduction this month. On 30 September, IOC had hiked petrol prices by 28 paise a litre while ...More..

Mic Check: There Was Something Up With Donald Trump's Debate Mic
by | Wednesday, October 05, 2016

Mic Check: There Was Something Up With Donald Trump's Debate Mic

Days after Donald Trump attributed his alleged "sniffling" during the first presidential debate to a bad microphone, the Commission on Presidential Debates confirmed that the Republican presidential nominee d...More..

Clinton hits Trump: 'What kind of genius loses a billion dollars?'
by | Wednesday, October 05, 2016

Clinton hits Trump: 'What kind of genius loses a billion dollars?'

Jeff Rusnak, an Ohio Democrat who ran Bernie Sanders' campaign in the state, said it was a "mistake" for Democrats to curb support for a Senate candidate in a state where the presidential race will also be co...More..

Tags: imf | us | economic growth | forecast
by | Wednesday, October 05, 2016

Tags: imf | us | economic growth | forecast

International Monetary Fund chief economist Maurice Obstfeld described the world economy as "moving sideways ", saying that long-term potential growth was now lower in all regions compared to the decade before...More..

Futures lower on Deutsche Bank concerns
by | Wednesday, October 05, 2016

Futures lower on Deutsche Bank concerns

Deutsche Bank AG's US-listed shares were last up over 13 per cent at $13.02, while its Frankfurt-listed shares were up 6 percent, rebounding from a record low of 9.898 euros earlier Friday. Clairinvest fund ma...More..

Judge cuts rogue trader Jerome Kerviel's €4.9bn damages bill
by | Wednesday, October 05, 2016

Judge cuts rogue trader Jerome Kerviel's €4.9bn damages bill

The court, in Versailles outside Paris, found on Friday he was "partly responsible" and must now pay just €1m (£866,000) in damages to Soc Gen for the losses, which were first revealed in 2008 and mired in near...More..

by | Tuesday, October 04, 2016

Indian police say gun battle has ended at Kashmir army camp

Firing is still underway from adjacent houses located near the camp, which is located on the banks of river Jhelum. Local TV channels reported that the militants first hurled grenades at the Army camp and t...More..

Illinois suspends $30B in Wells Fargo activity; bank 'sorry'
by | Tuesday, October 04, 2016

Illinois suspends $30B in Wells Fargo activity; bank 'sorry'

Andy BarrAndy BarrWells Fargo scandal strikes fear into smaller rivals Consumer bureau remains partisan target after Wells Fargo settlement Horse racing industry divided on need for federal oversight MORE (R-...More..

by | Tuesday, October 04, 2016

Tokyo stocks rebound on last week's Wall Street rally

Deutsche Bank is throwing its energies into reaching a settlement before next month's presidential election with USA authorities demanding a fine of up to $14 billion for mis-selling mortgage-backed securities....More..

Trump Rented Office Space To Iranian Bank Later Tied To Terrorism
by | Tuesday, October 04, 2016

Trump Rented Office Space To Iranian Bank Later Tied To Terrorism

A report last week showed a company controlled by Trump secretly conducted business with Cuba while USA sanctions were in place. According to the ICIJ's report, Trump's company, the Trump Organization, in...More..

Janus Capital, Henderson merge to form $6 billion group
by | Tuesday, October 04, 2016

Janus Capital, Henderson merge to form $6 billion group

Henderson's biggest market is the United Kingdom, while Janus has its strongest presence in the U.S. The combined company will also manage assets in Asia, South America and Australia. UBS analyst Michael Werner...More..

by | Monday, October 03, 2016

Most Americans say Clinton won first debate against Trump

It was Trump himself who came closest to a pivotal comment at one point, when he volunteered, "I think my strongest asset maybe by far is my temperament". Late-night host Stephen Colbert also had a ball at Tr...More..

by | Monday, October 03, 2016

Trump shames ex-beauty pageant winner for sexual history

But rather than lean on conventional tools such as mock debates or a media coach, he appears most eager to dredge up controversies from the Clintons' past that most Republicans are deeply wary of reviving...More..

Clinton seeks campaign lift from Sanders, Michelle Obama
by | Sunday, October 02, 2016

Clinton seeks campaign lift from Sanders, Michelle Obama

In 2012, Republican candidate Mitt Romney won 55 percent of the vote in SC, beating President Barack Obama by 11 percentage points. Watch a video of what the First Lady said right here! "The stakes could not be...More..

by | Sunday, October 02, 2016

Ryan, Bills throw jabs, but Patriots have ruled AFC rivals

It's no secret that the offense looked more like it has for years with Tom Brady when Garoppolo has played quarterback during the perennial All-Pro's four-game suspension. Bills have had just four drives insid...More..

by | Sunday, October 02, 2016

Wall Street boosted by financial, tech stocks

Shares of Deutsche Bank AG ( FRA:DBK ) opened at 10.205 on Tuesday. Indian shares dropped on Thursday by the most in three months after the nation said it attacked terrorist camps in Pakistan, escalating tens...More..

Analysts Evaluation On Vornado Realty Trust (NYSE:VNO)
by | Saturday, October 01, 2016

Analysts Evaluation On Vornado Realty Trust (NYSE:VNO)

Company gross margin stands at 45.70% whereas its return on investment (ROI) is 0.50%. The firm had revenue of $165.80 million for the quarter, compared to analyst estimates of $116.59 million. Finally, Menta C...More..