U.S. economy slows on wider trade gap, business spending rises U.S. economy slows on wider trade gap, business spending rises:- U.S. economic growth slowed sharply in the fourth quarter as a plunge in shipments of soybeans weighed on exports, but steady consumer spending and rising business investment pointed to sustained […]
Donald J. Trump
Donald Trump played the outsider and the insider on his first day in office Donald Trump played the outsider and the insider on his first day in office:- The contrast played out in little more than an hour. In his sharply worded inaugural address Friday, President Trump railed against the political […]
Fed’s Yellen says unwise to allow U.S. economy to run hot Fed’s Yellen says unwise to allow U.S. economy to run hot:- With monetary policy still modestly accommodative, the U.S. central bank should continue to raise interest rates slowly or risk harm to the recovery the Fed has sought to […]
IBM revenue fall dims upbeat profit forecast IBM revenue fall dims upbeat profit forecast:- International Business Machines Corp reported its 19th straight quarter of declining revenue, but forecast full-year earnings above Wall Street estimates due to growth in newer areas such as cloud-based services and analytics. However, investments to drive […]
U.S. strikes in Libya kill more than 80 Islamic State fighters U.S. strikes in Libya kill more than 80 Islamic State fighters:- More than 80 Islamic State militants, some of whom were believed to be plotting attacks in Europe, died in U.S. air strikes on camps outside the group’s former […]
Mexico extradites drug lord El Chapo to U.S. on eve of Trump inauguration Mexico extradites drug lord El Chapo to U.S. on eve of Trump inauguration:- Mexico extradited its most notorious drug lord Joaquin “El Chapo” Guzman to New York on Thursday, likely ending a decades-long criminal career that included […]
U.S Army to begin environmental study of Dakota pipeline U.S Army to begin environmental study of Dakota pipeline:- The U.S. Army on Wednesday began the process of launching an environmental study of the Dakota Access pipeline crossing in North Dakota, a move that has been challenged by the company constructing […]
Keep Russia sanctions separate from nuclear talks Keep Russia sanctions separate from nuclear talks:- President Barack Obama urged President-elect Donald Trump on Wednesday to keep separate the issue of economic sanctions on Russia from the pursuit of talks to reduce nuclear stockpiles. Trump, who takes office on Friday after winning […]
Morgan Stanley profit doubles on bond-trading surge Morgan Stanley profit doubles on bond-trading surge:- Morgan Stanley’s profit doubled in the fourth quarter as trading activity surged across Wall Street, and the bank said it was on track to reach a number of financial goals set out by Chief Executive James […]
U.S. refiners cash in on Mexico’s record fuel imports U.S. refiners cash in on Mexico’s record fuel imports:- U.S. Gulf Coast refiners are cashing in on rising fuel demand from Mexico, shipping record volumes to a southern neighbor that has failed to expand its refining network to supply a fast-growing […]