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US Congressional Baseball Game played after shooting

Jack Sava , director of trauma at MedStar Washington Hospital Center said at a news conference Friday afternoon. Rep. Steve Scalise , the third-highest-ranking Republican in the House of Representatives, is still in critical condition after undergoing the latest in a series of surgeries Thursday morning as a result of a gunshot wound to his hip. Read More »

Brexit : Britain says talks to start Monday

The Brexit discussions are due to begin on Monday when the British minister in charge of the process, David Davis, meets the EU's chief negotiator, Michel Barnier , in Brussels . He told Sky News: "It's in the week of next week, basically, the first discussions". A second round of talks is scheduled for 17 July and the whole process should be completed by April 2019, though it can be extended if all 27 European Union countries agree. Read More »

Fed raises rates. It'll cost you more to borrow

The Fed raised interest rates for the second time this year, by a quarter percentage point to a target range of 1.00-1.25 percent. If the former starts to rise and the latter falls even further, the chances of another rate increase this year are slim to none. Read More »

US Federal Reserve Raises Interest Rates Despite Lower Inflation


The Washington Post reported that special counsel Robert Mueller is investigating Trump for possible obstruction of justice, a criminal charge. The Fed raised interest rates for the second time this year, by a quarter percentage point to a target range of 1.00-1.25 percent and forecast one more rise in 2017. Read More »

We may never ID all London fire victims

Many fire experts have pointed to the cladding as a likely factor in how the fire spread so quickly up the 24-story building. London firefighters are continuing the grim search after a high-rise fire that killed at least 30 people as public anger about the blaze continues to grow. Read More »

Trump's Infrastructure Plan Faces Private Funding Obstacles

Comey's testimony has all but stalled Trump's legislative agenda, but the White House has tried to soldier on during what has been a bruising week. The river has always been a connection between coal in Kentucky and West Virginia and steel mills in western Pennsylvania. Read More »

US Fed raises rates, provokes caution in Indian markets

The increase in the Fed's short-term rate was the second rate hike this year and the fourth since it began raising rates in December 2015. The yield on the 10-year Treasury note has fallen from 2.446% at the end of 2016, defying predictions that it would keep rising as Congress pursued expansionary fiscal policies and the Fed raised rates. Read More »

US accuses Chinese company of transferring NKorean money


US authorities seek to seize almost two million dollars from a Chinese company accused of laundering money to North Korea. "The foreign trade bank mentioned by the United States is not on the list of UN sanctions for North Korea, so we oppose any country using their own so-called domestic laws to implement long-arm jurisdiction", he said . Read More »

Details on the dangers of Rep. Steve Scalise's injuries

Jack Sava , director of Trauma at Washington MedStar Hospital Center , held a 15-minute press conference to update the public on Scalise's condition. Vice-president Mike Pence also visited the hospital. "The major initial risk to life is because of the hemorrhage", which doctors now have under control, Sava said. Read More »

Fed's Kaplan wants to see higher inflation before next rate hike


The Fed on Wednesday raised the benchmark interest rates for the fourth time since December 2015 and unveiled a plan to trim its balance sheet later this year, sending a signal of confidence to the market. He cited the examples of Japan and Germany , whose unemployment levels have declined to levels not seen since the early 1990s but where wage pressures also remain sluggish. Read More »

The Olympic Steel, Inc. (ZEUS) to Issue Quarterly Dividend of $0.02

Cowen and Company cut United States Steel Corporation from an outperform rating to a market perform rating and decreased their target price for the company from $60.00 to $21.00 in a research report on Wednesday, May 10th. The original version of this story can be read at Read More »

GE names John Flannery as CEO, Immelt to step aside


Immelt helped shepherd GE's move from CT to Boston, complete with $150 million in tax breaks and incentives, and Walsh said he did not expect the company's plans to change. GE said the leadership change has been in the works for years, with the board deciding on the timing in 2013 and voting Mr. Flannery as CEO Friday. Read More »

Amazon's purchase of Whole Foods 'bought a distribution network,' expert says

The almost $14 billion deal is the largest purchase in Amazon's history. Amazon also has been testing automation technology at a Seattle convenience store that's now open only to Amazon employees. Kroger , the nation's biggest supermarket chain, had earlier warned Wall Street of disappointing earnings. The Journal estimated that the Amazon announcement had wiped almost $29 billion from the aggregate market cap of rivals in the grocery category. Read More »

Amazon's blockbuster deal — Business Watch

Amazon is buying Whole Foods in a $13.7B deal. It paid $3.3 billion a year ago for online marketplace and offers curbside pickup of online grocery orders in more than 600 of its 4,700 USA stores. The deal has the possibility to be "transformative", Moody's lead retail analyst Charlie O'Shea said in a note, "not just for food retail, but for retail in general". Read More »

Asian market investors spooked by Fed rate hike and Trump probe


The yield on 10-year US Treasury yields rose as much as 4 basis points from a seven-month low of 2.10 percent hit after weaker-than-expected US data on Wednesday. While the Fed will continue to reinvest principal payments from its holdings of agency debt and agency mortgage-backed securities and roll over maturing Treasury securities at auction, it plans to gradually reduce its securities holdings by decreasing reinvestments. Read More »

Ameriprise Financial Inc. Sells 7358 Shares of Twenty-First Century Fox, Inc


The stock traded at a volume of 7.33 million shares. About shares traded. XPO Logistics Inc (NYSE:XPO) has risen 103.27% since June 16, 2016 and is uptrending. Deccan Value Investors L.P. boosted its stake in shares of Twenty-First Century Fox by 62.8% in the third quarter. There is a large variety of Financial Ratios that can be considered while making an investment decision but here in the case of Twenty-First Century Fox, Inc. Read More »

Bank of Japan Keeps Policy on Hold

Hang Seng rebounded 0.4 percent to 25,662.27 after dropping more than 1 percent the day before while the Shanghai Composite lost 0.2 percent to 3,127.72. "Dollar-yen trading was little affected by the BOJ's decision itself to leave its monetary policy unchanged as it had been factored into the market", a currency brokerage official said. Read More »

Rupee opens lower by 15 paise against U.S. dollar


The dollar index, which tracks the U.S. currency against six major peers, rose to 97.557, its highest since May 30. "The latest inflation data have undoubtedly helped the case of officials arguing for waiting more than three months for the next move", said Jim O'Sullivan, chief U.S. Read More »

Kite Realty Group Trust (KRG) Trending Activity with Technical Depiction

It had closed the previous session at $17.57. (NYSE:EDR) has declined 7.19% since June 15, 2016 and is downtrending. It has outperformed by 86.48% the S&P500. Wells Fargo initiated Digital Realty Trust, Inc. $24.57's average target is 48.91% above currents $16.5 stock price. The rating was initiated by Suntrust Robinson on Friday, December 2 with "Buy". Read More »

Qatar, US sign $12 b military deal amid gulf crisis

The deal is for reportedly for 36 jets , after the Obama administration approved a possible sale for up to 72 jets for $21.1 billion a year ago. The Pentagon told Reuters in an email that the sale will increase security cooperation and military compatibility between the us and Qatar . Read More »

Fed should be cautious on further rate hikes, Kaplan says


St. Louis Fed President James Bullard , who unlike Kashkari does not vote on monetary policy this year, has said he believes rates do not need to rise in a low-growth environment like the current one. 4, 2016. Fed Chair Janet Yellen earlier this week expressed confidence that with the US unemployment rate at a 16-year low of 4.3 percent, inflation will rise toward the Fed's 2-percent goal over the medium term. Read More »

GOP baseball gunman James Hodgkinson was carrying a hit list, officials say

Sue Hodgkinson stood unsteady and emotional as a local sheriff's deputy held her hand and led her to a bank of several microphones. Law officers who've helped her family cope, say this ordeal has shaken the family to its core. At 7:10 a.m., a staff member heard gunshots and called 911. And there's no evidence so far that they were purchased illegally. According to an Federal Bureau of Investigation statement issued on Thursday, agents also recovered a cell phone, a computer, and a ... Read More »