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Interest rates may need to rise before late 2019

Rising inflation and poor income growth were cited as the main reasons for consumers feeling the squeeze; reflected in disappointing retail sales data and a surprisingly steep drop in new auto sales. The bank expects growth to be slower in the near term but pick up in the latter part of the forecast period as real income picks up. It also stressed that its forecasts were based on the assumption of a "smooth" Brexit, implying no cliff-edge disruption to trade and investment in 2019. Read More »

Russia's oil cut exceeds level demanded in OPEC- oil cut pact

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Global benchmark Brent crude fell to $48.17 per barrel, after opening the day at $50.65 a barrel. Crude is now back to levels last seen before OPEC and other producers said they would cut output by nearly 1.8 million barrels per day (bpd) during the first half of the year in a bid to tighten the market. Read More »

Barry Manilow postpones 2 shows to rest vocal cords

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The entertainer is resting a sprained vocal chord, the post said. Ticketholders will be able to use their tickets at the rescheduled dates. Manilow announced in a Facebook post that his concerts this week in Chicago and Los Angeles will be rescheduled. Read More »

Trump prendra son temps pour revoir sa politique sur le climat

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Les résultats de la majorité des recherches internationales bénéficient aussi aux populations locales de l'Arctique, qui sont directement touchées par le changement climatique. Depuis plus d'un siècle, des scientifiques suisses mènent des travaux sur la glaciologie dans l'Arctique et contribuent ainsi de manière substantielle à la recherche globale sur le climat. Read More »

Mortgage Rates Rebound Slightly

After barely moving in the past 3 weeks, mortgage rates moved slightly higher this week, with the benchmark 30-year fixed mortgage rate now 4.22 percent, according to Bankrate.com's weekly national survey. Also in the market, the banks stock went down to 120.81 down -0.93. 20 year fixed rate loans are published at 3.625% with an April of 3.876% today. Read More »

VIDEO James Clapper interview Andrea Mitchell disputes Trump

Comey, they said, declined to make such a pledge but told Trump he would always give him "honesty". Trump's comments to NBC raised questions about whether he had acted inappropriately and whether Comey had broken government guidelines in assuring him he was not under investigation. Read More »

Trump speaks with new South Korean president

Regional experts have believed for months that North Korea was preparing for its sixth nuclear test and was working to develop a nuclear-tipped missile capable of reaching the United States, presenting U.S. But Beijing said the system will spy on its territory and strongly criticised its deployment and the relations between the two countries have deteriorated over the issue, BBC reported. Read More »

Australian dollar higher, greenback advances v yen

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The dollar rose by as much as 0.7 percent against the yen, and hit 112.69 yen, the highest level since March 21, as the Fed statement solidified expectations for a rate hike in June and another in the second half of the year. The only possibility of news - and the probability is pretty low - is that the Fed will highlight its intention to begin scaling back its asset holdings by modifying its policy of reinvesting all maturing mortgage and Treasury bonds. Read More »

Les islamistes dénoncent une fraude massive aux législatives — Algérie

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Il arrive second en remportant 97 sièges de députés contre 70 lors des précédentes élections. Un résultat qui n'empêche toutefois pas le doyen des partis politiques en Algérie (le FLN) à maintenir son statut de première formation du pays. M. Hanoune a accusé les autorités d'avoir falsifié les résultats pour pénaliser son parti à cause des positions de ce dernier, selon elle, contre les performances du gouvernement. Read More »

China to start allowing United States beef imports

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Under the agreement , China will accept beef from the U.S., effectively ending the 14-year ban on American beef that began with an outbreak of mad cow disease in the United States in 2003. "Normally, trade deals are denominated in multiple years, not tens of days". Under the accord, the United States invites Chinese companies to import US -produced liquefied natural gas . Read More »

France: Une passation de pouvoir sous haute surveillance

Des points de filtrage et de contrôle d'accès, où seront déployés les 1.500 membres des forces de sécurité, vont être mis en place dans ce secteur. La cérémonie doit débuter officiellement à 10 heures, mais Brigitte Macron est, elle, attendue, à 9h50 à l'Elysée. Read More »

Emmanuel Macron accueilli dimanche à 17 heures à l'Hôtel de Ville

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Mais cette dernière a tout bonnement refusé. Comme l'avait fait son prédécesseur, Bertrand Delanoë, Anne Hidalgo a décidé d'associer les Parisiens à cette cérémonie. Une semaine plus tard, lors de la cérémonie du 8 mai 1945. " Emmanuel Macron n'a tendu qu'une main très formelle à la maire de Paris alors qu'il a embrassé chaleureusement d'autres personnalités politiques présentes". Read More »

Macron takes power as French president

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His Republic on the Move movement hopes to reinvigorate French politics and win a majority of lawmakers in the June parliamentary election. It is official, Emmanuel Macron became the eighth president of the Fifth Republic. Rarely is there good news to smile at. In a ceremony full of pomp, he was presented with what is effectively his chain of office - a heavy golden necklace mounted on a red cushion that makes him Grand Master of the National Order of the Legion d'Honneur. Read More »

Medley Management Inc (MDLY) Plans Dividend of $0.20

Shares of Medley Capital Corp (NYSE:MCC) traded up 0.16% during mid-day trading on Friday, hitting $6.18. Medley Management (NASDAQ:MDLY) reported net income for the first quarter of $ 0.39 million or $ 0.06 per share, compared to loss $ -0.09 million or $ 0.01 per share for the year-ago quarter. Read More »

Cyber attack hit 200000 victims across 150 countries, says Europol chief

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He said what was unique about the attack was that the ransomware was used in combination with "a worm functionality" so the infection spread automatically. The worldwide effort to extort cash from computer users is so unprecedented in its nature - the first widely successful example of ransomware that self-replicates like a virus - that Microsoft quickly changed its policy, announcing free security patches to fix this vulnerability in the older Windows systems still used by millions of ... Read More »

La Corée du Nord a procédé à un tir de missile

La Corée du Nord a procédé dimanche 14 mai à un nouveau tir de missile balistique , ont annoncé les autorités sud-coréennes et américaines, quatre jours après l'élection du président sud-coréen Moon Jae-in, soucieux de dialoguer avec le Nord. Read More »

Trump to announce 10 nominees for open federal court seats

The White House announced President Trump's intention Monday to nominate a slate of 10 conservatives to the federal judiciary, building on his successful nomination of Supreme Court Justice Neil M. With the filibuster no longer available to Senate Democrats on any judicial nominations, Mr. Trump should encounter less-effective opposition to his nominees. Read More »

MKM Partners indicated Cloud Peak Energy (NYSE:CLD) as 'Neutral'

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Zacks provides a simpler approach for understanding analyst recommendations on stocks, using an integer based system which converts each recommendation into a 1-5 average, where 1 represents a Strong Buy and 5 a Strong Sell. Cloud Peak Energy had a positive return on equity of 2.60% and a negative net margin of 19.07%. 6 analysts on average are expecting the company to report revenue of $241.28 Million for the current quarter. Read More »

Fed holds key interest rate steady, downplays recent weak economic data

Many economists also discounted the weak first quarter, which was held down by lower consumption, as an anomaly frequently seen in the first three months of the year. There were no dissents from the statement. While the European Central Bank continues to pump tens of billions of euros into the euro zone economy each month, the Fed has raised interest rates twice in the past six months and is expected to hike them twice more by the end of the year. Read More »

Mnuchin Says G-7 Nations More Comfortable With New US Economic Approach

Treasury Secretary Steven Mnuchin was in attendance and confirmed that cybersecurity would continue to be a main talking point for the world's seven most advanced economies. Mnuchin's tax message came amid tough talk on trade, even though it was not on the official agenda. Trump has proposed slashing the US corporate income tax rate and offer multinational businesses a steep tax break on overseas profits brought back home. Read More »

IOC begins La Olympic bid evaluation

Find us on Facebook too! Senior IOC inspectors are due to arrive in Paris over the weekend to conduct a tour of proposed venues as Paris squares off against rival bidder Los Angeles for the right to host the Games. They want to see "commitment and competence", he said, not just sketches and mock-ups. There was nothing in a statement from LA2024 Chairman Casey Wasserman earlier this month that suggested the city would consider anything other than 2024. Read More »

SeaWorld Entertainment, Inc. (NYSE:SEAS) showed weekly volitility of 4.64%

Goldman Sachs Group Inc began coverage on shares of SeaWorld Entertainment in a research note on Thursday, April 6th. FBR & Co reiterated a buy rating on shares of SeaWorld Entertainment in a research report on Monday, March 27th. If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of US and global trademark and copyright law. Read More »