Money
Market fear is back in a big way
The higher the number of the VIX, the more volatility we see in the market. Several risky funds that reward investors when the markets are quiet imploded in the global market rout. However if a stock breaks below the 50-day line in heavy volume for the first time in a run and can not rally back, it is often a signal that buying demand is drying up and the stock's run is ending. [Full Article...]
You Can Now Do Your Whole Foods Shopping On Amazon
Prime Now will also deliver from other grocery stores and restaurants in the markets where it operates. Now, Amazon is offering the entire suite of Whole Foods products delivered via the e-tailer's Prime Now service , which is available to more than 90 million U.S. [Full Article...]
Woman flushed emotional support hamster down toilet after Spirit Airlines banned it
Belen Aldecosea , right, says Spirit Airlines pressured her to flush Pebbles , her pet hamster, down an airport toilet. After realizing she had no other options (I mean, there were plenty of other options than sticking an animal in a toilet, but I digress) Aldecosea decided that sending Pebbles to her watery grave would be more humane than letting her run free only to die from hunger, o... [Full Article...]
Say Goodbye To Picking Up A CD In Stores
According to Billboard , Target has demanded to music suppliers that it wants to be sold on what amounts to a consignment basis. That means Target would only pay labels for CDs when customers buy them, rather than buying the CDs in bulk and paying for shipments of unsold CDs back to the label for credit. [Full Article...]
Janet Yellen says prices 'high' for stocks, commercial real estate
Although expansion progressed progressively over past nine years, inflation remained mysteriously low, as Powell acknowledged. What is Janet Yellen doing after concluding her historic four-year term as the first woman to chair the Federal Reserve? In his message, Powell, an investment banker before joining the Fed, said he was committed "to explaining what we're doing and why we are doing ... [Full Article...]
Bloodbath Continues On Stock Market; Sensex Falls 300 Points
The sensex closed 310 points lower at 34,757, which is almost a four-week closing low for the benchmark. At 9:20 am, S&P BSE Sensex was trading at 33,753, down 1003 points, while the broader Nifty50 was ruling at 10,295, down 371 points. [Full Article...]
At least two killed in United States train collision
The injured were transported to local hospitals, Lexington County spokesman Harrison Cahill said . Five thousand gallons of fuel also spilled in the collision. The National Transportation Safety Board said it is deploying investigators to the scene. Although details are still emerging, South Carolina Governor Henry McMaster , who toured the scene of the accident, told the media that, "It ... [Full Article...]
Three US giants tie up to rein in health expenses
While details are hard to come by right now, it's already clear the move could have massive implications for how Americans access medical treatment down the road. The combined count of USA employees for Amazon, Berkshire, and Chase is 1.2 million, according to reports . "This type of transparency has yet to live up to its promise", said Stehr. [Full Article...]
Janet Yellen lands new job at Brookings Institution
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Yellen, like Bernanke before her, came to the job as both top-flight macroeconomic scholar and experienced central banker. Federal Reserve Chair Janet Yellen, the first woman to head the nation's central bank, is not taking any time off. Yet after stabilizing the situation, Bernanke left Yellen a task that was in some ways just as hard, and probably more delicate, than the one he faced: how to... [Full Article...]
US stocks dive on rate hike worries
The S&P 500 on Friday fell 59.85 points, or 2.1 percent, to 2,762.13. The Russell 2000 index of smaller-company stocks on Friday gave up 32.59 points, or 2.1 percent, to 1,547.27, shedding 3.8 percent from a close of 1,608.06 on January 26. [Full Article...]
BJP to counter TDP claims on Union Budget
Miffed with its alliance partner over the Budget, TDP MP TG Venkatesh even declared "war" on BJP on Friday. The CM Chandrababu Naidu is highly unsatisfied and disappointed with the Government budget because he stated that the funds are not allotted for various projects to Andhra Pradesh. [Full Article...]
USA bond market rout fears trigger Wall Street sell-off
Bob Doll, chief equity strategist at Nuveen Asset Management, had expected a slow move to 3 percent by the end of the year, and his target was higher than some. The yield on 10-year Treasuries rose five basis points to 2.834 percent. HOLIDAY BOOST: Amazon climbed 4.6 percent after its fourth-quarter profit increased by more than $1 billion. [Full Article...]
Five ways Alberta could retaliate against BC's pipeline obstacles
Her government held an emergency cabinet meeting to look at ways to respond to B.C.'s proposal. The B.C. government proposed a restriction on increased shipments of diluted bitumen, until the "behaviour of spilled bitumen can be better understood". [Full Article...]
YouTube Go App Lets You Download Videos While Controlling Data Consumption
YouTube still trails Hulu's 450,000-plus live TV subscribers, according to the same report , and is now available in more than 80 percent of US households. Open the Roku Channel Store ( Roku devices) or launch the App Store app from your Home screen ( Apple TV devices). YouTube News senior product manager Geoff Samek said in a blog post Friday that these notices will only be shown to US... [Full Article...]
U.S. to Fine UBS for Spoofing
While Deutsche Bank and UBS have agreed to pay $30m and $15m respectively to settle the civil charges in the case, HSBC will pay $1.6m, the CFTC said. HSBC Holdings (LON:HSBA) has agreed to pay $1.6 million over a "spoofing" probe in the US. All three banks received reduced penalties from the CFTC for providing significant assistance in the investigations, which relate to activity that dates... [Full Article...]
Fujifilm takes control of Xerox, will create a new joint venture
Billionaire investors Carl Icahn and Darwin Deason, who collectively hold over 15 percent of Xerox, had jointly persuaded the photocopier pioneer to explore strategic options, oust its "old guard", including its CEO Jeff Jacobson. Keegan said in Wednesday statement . Patrick Leone, founder and CEO of Bloomington, Ind. -based MidAmerica Technology and developer of the SignMe app, said he thinks ... [Full Article...]
Taiwan holds live-fire drills as China tensions mount
It has retaliated by blocking requests to operate 176 additional flights between Taiwan and China by two Chinese airlines during the Lunar New Year the most important holiday for both sides, when tens of thousands of Taiwanese working in China want to travel home. [Full Article...]
'Humiliated' Instagram star booted off American Airways flight
This is where a heated argument started and the pilot got involved. That's when the flight attendant can be heard saying that another attendant had asked the model if she wanted to get off the plane "and she said yes". In another video, a passenger defends Selter. - Jen Selter (@JenSelter) January 28, 2018I did nothing wrong but got kicked off the plane. "I just want to be clear that we were... [Full Article...]
Trump's hopes fade as GDP growth fails to beat forecasts
Ecuador will grow by 2.2% in 2018, down from the estimated 2017 rate of 2.7%. "Growth still looks lacklustre - and somewhat unevenly distributed - with the year-on-year figure of 1.5% the weakest since the first quarter of 2013", he said . [Full Article...]
Canadian Plane Company Bombardier Wins Trade Fight With Boeing
The U.S. government could take the case to the World Trade Organization. Mrs May had unsuccessfully lobbied Donald Trump not to impose the restrictions at the time . The news sent the Canadian company's stock shooting up. USA -listed shares of Airbus , which has taken a majority stake in the C Series line, rose 2.9%. [Full Article...]