Business

Civil rights leaders demand Trump disavow white supremacists

Civil rights leaders demand Trump disavow white supremacists

Trump condemned the incident as an "egregious display of hatred, bigotry and violence, on many sides ". "It shouldn't be that hard to summon up a few Trumpian terms like "losers" and "really, really bad people" to describe the hundreds of neo-Nazis , Klansmen, white supremacists and the like who descended on the college town - not after one of them has killed an innocent".


Japan's GDP crushes expectations

Japan's GDP crushes expectations

According to data released by the government on Monday, real GDP surged by 1% in the June quarter, easily surpassing expectations for a smaller increase of 0.6%. "This is a positive development for inflation ". That marked the fastest increase since the first quarter of 2015, and extended Japan's streak without recording a negative growth quarter to six, the longest stretch since mid-2006.


Sensex rebounds on gains in financials, snapping a five-day losing run

Sensex rebounds on gains in financials, snapping a five-day losing run

All sectoral indices were trading up on NSE around that time, barring Nifty IT which was marginally low by 2 points at 10,645, with Infosys (down 0.52 per cent), Wipro (down 0.52 per cent), Tech Mahindra (down 0.12 per cent) and Tata Consultancy Services (down 0.07 per cent) losing in trade.


Merck CEO steps down from presidential council

Merck CEO steps down from presidential council

The President quickly shot back on Twitter, sarcastically claiming the pharmaceutical company CEO would now have "more time to LOWER RIPOFF DRUG PRICES!" Trump has received criticism for his handling of the Saturday rally in Virginia that drew hundreds of white nationalists together and resulted in the death of 32-year-old Heather Heyer.


Wall Street lower on US-North Korea tensions

Wall Street lower on US-North Korea tensions

At 9:34 a.m. ET (1334 GMT), the Dow Jones Industrial Average was up 54.06 points, or 0.25%, at 21 898.07, the S&P 500 was up 5.23 points, or 0.21%, at 2 443.44. The dollar index.DXY, which tracks the greenback against six rival currencies, was down 0.17 percent to 93.391. Oil also regained momentum as data pointed to declining USA inventories.


Gold Prices Jump as Political Instability Moves Dollar Lower

Gold Prices Jump as Political Instability Moves Dollar Lower

Australian shares were down 1.3 percent, set for a weekly loss of 0.5 percent. Trading was thinner than usual, with Japanese markets closed for a public holiday. Weekly Unemployment Claims rose unexpectedly by 224K. The index closed at 16.04 overnight, the highest level since November 8, when Trump was elected president.