Business

Fed Minutes to Offer Clues on Debate Over Path of Rate Increases

Fed Minutes to Offer Clues on Debate Over Path of Rate Increases

Assuming the economy continues to perform as expected, with continued job and wage growth leading to a rebound in consumer spending and business investment, "most participants judged.it would soon be appropriate" to raise rates again, the minutes stated.


Dollar on defensive after Fed minutes, euro resumes rise

Dollar on defensive after Fed minutes, euro resumes rise

In the minutes, released Wednesday, official at the USA central bank said it would "soon be appropriate" to raise short-term interest rates again, the Wall Street Journal reported. equities little changed near record levels and the dollar flat as investors awaited fresh insight on the path for borrowing costs in the world's biggest economy.


Treasury Yields Slip Ahead Of Fed Minutes — BOND REPORT

Treasury Yields Slip Ahead Of Fed Minutes — BOND REPORT

The S&P 500 was up 0.09%, the Dow Jones Industrial Average added 0.15%, and the Nasdaq grew 0.1%. Nasdaq 100 e-minis were up 9.25 points, or 0.16 percent, on volume of 20,397 contracts. GE, which is seen as a bellwether for many different industries, has been trading at its lowest price in a year and a half. The committee viewed slowing growth in the first quarter as transitory.



Iran foreign minister scorns Trump for arms deal with Saudi

In a pointed departure from his predecessor, the U.S. president all but promised he would not publicly admonish middle eastern rulers for human rights violations and oppressive reigns. Trump, during his speech at the summit, sought to de-link terror from religion, mentioned India as one of the victims of terror. He is slated to meet separately with Netanyahu in Jerusalem and Palestinian Authority President Mahmoud Abbas in Bethlehem.



Trumpcare Would Cost 23 Million Americans Their Health Coverage, Says CBO

But some Republicans , including Health and Human Services Secretary Tom Price, questioned the accuracy of the CBO report . The Congressional Budget Office , the nonpartisan group that analyzes the potential impacts of legislation in Congress, released its new report on the legislation previously passed by the GOP-controlled House of Representatives.


Doug Bracewell: NZ cricketer punished for drink-driving over dead cockatoo incident

Doug Bracewell: NZ cricketer punished for drink-driving over dead cockatoo incident

The counsel further argued that the offence did not occur out of disregard towards road rules, but out of a a "genuine concern" for his partner. Bracewell had apparently been drinking at a gathering before receiving a call from his partner who broke the news to him of their pet cockatoo being killed by dogs which prompted the bowler to drive home in under the influence to comfort her.