Business

Fed keeps rate unchanged as Yellen exits; sets up March hike

Fed keeps rate unchanged as Yellen exits; sets up March hike

Yellen will certainly be remembered for leading the central bank's gradual but consistent tightening of policy, and push to move interest rates off the zero-bound where they had fallen during the financial crisis . January sales of US Mint American Eagle gold coins fell 50 percent from the same month a year earlier, the slowest January sales in 10 years , and January silver coin sales fell to the lowest since 2009, government data showed on Wednesday.


Someone stole acrobat Red Panda's 7-foot tall unicycle, reward offered

Someone stole acrobat Red Panda's 7-foot tall unicycle, reward offered

According to the television station website, Red Panda has used that custom-built unicycle for the last 30 years. On Wednesday, at KTVU's request, the San Francisco Police Airport Division released surveillance photos of a man with a red ponytail and beard who walked into the terminal three baggage claim on January 24 and took a black roller suitcase containing the unicycle from carousel number five.


Jaitley's 'Robinhood' election budget: Take from the rich, give to the poor

Jaitley's 'Robinhood' election budget: Take from the rich, give to the poor

So, while many have been politically expedient for the government to focus on the rural poor, the general feeling among the economists and financial analysts in the country is that the Budget has not met the expectations of a wide range of sectors and may not give the economy that much-needed boost.



Active situation is Centre of Attention : General Motors Company (GM)

The stock decreased 4.33% or $0.12 during the last trading session, reaching $2.65. About 5.71M shares traded. It has underperformed by 16.70% the S&P500. The rating was upgraded by Deutsche Bank on Monday, September 25 to "Buy". GM's profit will be $1.83 billion for 8.22 P/E if the $1.29 EPS becomes a reality.


Full fibre becomes broadband network of choice for Openreach

Full fibre becomes broadband network of choice for Openreach

Fibre broadband is said to be 500-times faster than standard United Kingdom broadband and three-times quicker than BT's current fastest offer. The company had previously aimed to supply 2 million properties by 2020, rising to 10 million by the mid-2020s.


How major USA stock indexes fared on Thursday

How major USA stock indexes fared on Thursday

The stock market has been on a historic nine-year bull run. "We got to have a pause in the rate of increase in interest rates for the uptrend to resume". The stock lost $7.81 to $119.51. Among the notable market movers, eBay (EBAY.O) gained 13.8% after its earnings report, and its announcement that it would move away from PayPal (PYPL.O) as its main payments partner.