Search Results for: Fed
Asian Stocks Extend Global Advance as Oil Slips; Ringgit Weakens
November 23rd, 2016
Fed fund futures show 100% chance of a rate hike next month Ringgit slumps before rate decision; Japanese markets shut Asian stocks rose amid optimism the global economy is strong enough to withstand higher U.S. interest rates. Oil slipped ...
Black Friday in US ain’t what it used to be
November 22nd, 2016
For most American shoppers Black Friday, once the largest shopping day of the year, is losing its luster. Consumer traffic in favorite stores has dropped significantly in recent years with most major retailers launching online sales weeks in advance. ...
Credit Suisse Faces Tax Probe Over Undeclared Accounts
November 22nd, 2016
U.S. asks why bank didn’t reveal ‘toxic’ assets, people say Bank paid record fine in 2014 for helping Americans skirt IRS When Credit Suisse AG pleaded guilty in 2014 to helping Americans cheat on their taxes, it promised to help the ...
Donald Trump settles fraud lawsuits for $25m
November 21st, 2016
Donald Trump settles fraud lawsuits relating to Trump University for $25m President-elect’s lawyers settled three lawsuits, averting a courtroom showdown which threatened to reveal troubling details about the real estate course Donald Trump has settled fraud lawsuits relating to ...
Gold prices are likely to drop further
November 21st, 2016
Dubai: Gold fans in Dubai can expect more buying opportunities to open up, as prices are likely to drop further amid rising expectations that a rate increase in the United States is more likely to happen before the end ...
ASIC commences civil penalty proceedings against State One Stockbroking
November 21st, 2016
ASIC has commenced civil penalty proceedings against State One Stockbroking Ltd (State One) in the Federal Court of Australia in Perth for failing to comply with two ASIC Market Integrity Rules (ASX Market) 2010 (MIRs), following State One’s failure ...
Asian Energy Stocks Rally With Crude Oil as Dollar Holds Advance
November 21st, 2016
Japan’s Topix index caps longest rally since August 2015 Dollar index at January high as Trump spurs rate-hike bets Oil jumped on optimism OPEC will agree to a supply-cut deal, buoying Asian energy stocks. The dollar built on last ...
The serfs have rebelled – Europe next?
November 19th, 2016
Hayek’s The Road to Serfdom described how personal freedoms are progressively eroded by the state in the name of the common good. His warning is more associated with totalitarianism and dictatorships, than modern democracies, but the statist attitudes he ...
Gold slides toward $1,200 as U.S. rate hike looks imminent
November 18th, 2016
Gold prices came under renewed pressure on Friday, a day after Federal Reserve Chairwoman Janet Yellen said a U.S. interest-rate hike could come “relatively soon.” Yellen’s prepared comments to lawmakers on Thursday, which came on the heels of strong ...
The IRS is Targeting Bitcoin Transaction Records of Coinbase Users
November 18th, 2016
Transaction records of Coinbase users, specifically bitcoiners, have been targeted by the Internal Revenue Service (IRS), according to a federal case filed in the U.S. District Court in the California Northern District Court. First revealed by ZeroHedge on a late Thursday ...
