Business

Fed rate hike predictions support dollar but weigh on stocks

Fed rate hike predictions support dollar but weigh on stocks

The Standard & Poor's 500 index rose 0.5 percent to 2,187.12. The dollar has been gaining against all emerging market currencies since U.S. election results on November 9 on the hope that president-elect Donald Trump will come out with a growth-oriented policy, which will lead to higher interest rates.


Vetr Inc. Lowers Freeport-McMoRan Inc. (FCX) to Sell

Vetr Inc. Lowers Freeport-McMoRan Inc. (FCX) to Sell

Freeport-McMoRan, Inc. engages as copper, gold and molybdenum mining company. Barclays PLC lifted their target price on shares of Freeport-McMoRan from $10.00 to $11.00 and gave the company an "equal weight" rating in a report on Monday, August 8th.



Demonetisation has hit common man, will drag GDP by 2%: Manmohan Singh

Finance minister Arun Jaitley, while addressing opposition in the House, said that the government was ready for debate. However, the Government was now reneging on its promise, he said. "Take part in the survey on the NM App", he tweeted. Referring to the Government's survey to gauge people's views on the cash ban in which 90 per cent had allegedly supported the decision, she said 90 per cent people were facing huge problems.


Amid uncertainty, UK Treasury chief to offer bleak outlook

Amid uncertainty, UK Treasury chief to offer bleak outlook

Presidential race", said Philip Shaw, chief economist at Investec. Investment in R&D will rise by £2 billion a year by 2020. But the government remains "firmly committed to seeing the public finances return to balance as soon as practicable, while leaving enough flexibility to support the economy in the near term", he added.



Black Friday 2016: What time do the stores open?

While not almost as good as the Prime-only deals we saw last month, if you're in the market for a Kindle e-reader this holiday season, you can save $20-$30 today on three different models. We've scanned through all 28 pages of the the big-box's recently released holiday ad to help you find the best Black Friday 2016 deals you're looking for.


General Electric Company (NYSE:GE) Analyst Opinion

General Electric Company (NYSE:GE) Analyst Opinion

Similarly, the company's last 5 years high P/E ratio is 186.61 and low P/E is 14.55, whereas, the industry's and sector's high P/E for the past year is 31.55 and 47.32 respectively and low P/E ratio for the last 5 years is 13.21 for the industry and 13.8 for the Sector.