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Fed's Bullard warns risks remain high and US economy may slow more sharply than expected

St. Louis Federal Reserve Bank President James Bullard said global trade and other risks remain high for a U.S. economy that may slow more sharply thaRead More

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Reuters: Business News

WeWork third-quarter losses widen to $1.25 billion as New! 2019-11-13 17:53:41The We Company, owner of WeWork, said on Wednesday net losses in the third quarter widened to $1.25 billion from $497 million a year earlier as its mo

U.S. lawmakers question why Centrus awarded federal uranium New! 2019-11-13 17:52:47A bipartisan group of U.S. Representatives asked officials at the Energy Department on Wednesday how Centrus Energy Corp , a company whose chief recen

Occidental Petroleum stepping up oil and gas asset New! 2019-11-13 17:50:56Occidental Petroleum Corp is stepping up its oil and gas-producing property sales, adding land in Utah's Uinta Basin acquired as part of its $38 bil

Chicago mayor rejects Uber's alternative tax proposal New! 2019-11-13 17:45:05Chicago's mayor on Wednesday rejected an alternative proposal by Uber Technologies Inc to tax ride-hailing services, accusing the company of trying

Disney+ streaming exceeds expectations with 10 million sign-ups, New! 2019-11-13 17:38:04Walt Disney Co shares soared to a record high after the entertainment firm said its new streaming service, Disney+, had been met with "extraordinary

ProPetro confirms U.S. SEC probe, accounting weaknesses New! 2019-11-13 17:29:59Oilfield services firm ProPetro Holding Corp on Wednesday said a board investigation had uncovered material weaknesses in its financial controls and

Hyundai to make Santa Cruz pickups at Alabama New! 2019-11-13 17:28:25Hyundai Motor Co's manufacturing unit will start making the Santa Cruz pickup trucks at its Montgomery factory in 2021, following a $410 million exp

Trump threat of more China tariffs could hit New! 2019-11-13 17:25:32U.S. President Donald Trump's threat to jack up U.S. tariffs on Chinese goods if the world's two largest economies fail to reach a trade deal could

Peloton exploring apps for Amazon Fire TV, Apple New! 2019-11-13 17:01:44Peloton Interactive Inc is exploring apps for Amazon.com Inc's Fire TV and Apple Inc's Watch, Bloomberg reported on Wednesday, citing people fami

Shares, bond yields slip on sour trade deal New! 2019-11-13 16:40:48Global equity markets and government bond yields fell on Wednesday on growing doubts that a U.S.-China trade deal can be reached soon and fears that u

Cisco second-quarter forecast disappoints; shares fall New! 2019-11-13 16:34:54Cisco Systems Inc on Wednesday forecast second-quarter revenue and profit below estimates as the network gear maker struggles to shift to a software-

Disney lifts Dow, S&P 500 to records while New! 2019-11-13 16:34:26The Dow Jones Industrial Average and the S&P 500 posted record closing highs on Wednesday helped by a big jump in Walt Disney shares, but the Nasd

L.A. Times - Business

Disney+ launch: An 'eye-popping' 10 million people have New! 2019-11-13 17:27:07More than 10 million people have signed up for Disney's new streaming service so far.

Southern California Edison strikes $360-million settlement over wildfires New! 2019-11-13 16:55:45Southern California Edison settles with 23 public agencies for damage it allegedly caused in the Thomas and Woolsey fires, and Montecito mudslides.

California sued again for requiring women on corporate New! 2019-11-13 16:25:47The Pacific Legal Foundation filed the suit in federal court, arguing the law violates the equal protection clause of the U.S. Constitution.

In Beverly Crest, actress Donna Scott relists famed New! 2019-11-13 15:19:59Bella Vista, a romantic compound previously owned by King Vidor, John Barrymore and Tony Scott, among others, is back for sale at $16.995 million.

Oprah buys Jeff Bridges' Montecito ranch for $6.85 New! 2019-11-13 14:58:14In Montecito, actor-singer Jeff Bridges has sold his four-acre Spanish Revival-style ranch to Oprah for $6.85 million — the exact same price he

Joe Jonas goes big in Encino with $14.1-million New! 2019-11-13 14:43:22Joe Jonas of the Jonas Brothers has paid a record $14.1 million for a newly built home in Encino.

Eva Longoria on path to sell former Tom New! 2019-11-13 14:00:13The actress paid $11.4 million for the Hollywood Hills West compound that is now listed at $9.495 million.

Shane West cuts loose from 105-year-old Craftsman in New! 2019-11-13 13:32:15Actor Shane West has sold his 105-year-old Craftsman home in Hollywood for $1.72 million.

California pulls back clean-vehicle rebates to point them New! 2019-11-13 09:00:30Starting in December, those looking to buy electric vehicles with a price tag of more than $60,000 won't qualify for rebates — nor will plug-in

The Real ID deadline is really coming. Should New! 2019-11-13 07:00:41The TSA will require fliers to have a Real ID, passport or military ID, starting Oct. 1. But 99 million Americans don't have any of these and airline

Former HBO chief Richard Plepler negotiating deal with 2019-11-12 16:48:41Richard Plepler elevated HBO with "Game of Thrones," "Silicon Valley" and "Veep." Will Apple be next?

'Breaking Bad' star Aaron Paul trims price of 2019-11-12 14:39:32"El Camino" actor Aaron Paul is asking $2.198 million for his Spanish-style home above the Sunset Strip, about $300,000 under his original price.


US services companies growth rebounds in October 2019-11-05 10:00:00Measures of sales, new orders and employment all rebounded from the previous month.

The trade deficit got smaller in September as 2019-11-05 08:30:00The U.S. international trade deficit was forecast to narrow to $52.20 billion in September from $55 billion in August, according to economists polled

China presses Trump to remove more tariffs in 2019-11-04 22:00:00The fate of the Dec. 15 China tariffs is being considered as part of negotiations and a potential signing trip this month.

US GDP rose a better-than-expected 1.9% in the 2019-10-30 08:30:00The growth in GDP was slightly slower than in the second quarter as business investment declined.

Private payrolls increase by 125,000 in October, topping 2019-10-30 08:15:00Private payrolls grew at a faster-than-expected pace in October, but the solid growth was offset by a sharp downward revision for the previous month.

Weekly mortgage demand is flat as interest rates 2019-10-30 07:07:00Higher mortgage rates give homeowners little incentive to refinance their home loans

Third-quarter economic growth is expected to be a 2019-10-29 16:16:00Third quarter growth is expected to come in at a weakish 1.6%, with the biggest hits from slowing business investment.

The Fed is expected to cut rates, but 2019-10-29 15:01:00The Fed is widely expected to cut interest rates on Wednesday, but what it says about future moves could have a big impact on markets.

US consumer confidence dips in October, misses expectations 2019-10-29 10:00:00U.S. consumer confidence dipped slightly in October as worries over business conditions and employment prospects ticked up.

Pending home sales rise 1.5% in September, thanks 2019-10-29 10:00:00Pending home sales, which measure signed contracts to buy existing homes, rose for the second straight months. Realtors credit low mortgage rates, des

Home price gains heat up in August but 2019-10-29 09:00:00Home prices rose 3.2% in August, up from the 3.1% gain in July, according to the S&P CoreLogic Case-Shiller National Home Price Index.

Fed to cut rates again, but other economic 2019-10-29 07:00:00The latest CNBC Fed Survey finds concerns over recession, monetary policy and worries about future economic policy.

NYT > Economy

A Recession Warning Reverses, but the Damage May 2019-11-08 16:35:02Investors are feeling better about the economy, but the yield curve has already predicted a recession.

Recession Fears Are Receding. That Doesn’t Mean They 2019-11-08 13:32:59We’ll never know for sure whether the risks were as great as the yield curve and other signs suggested.

If People Were Paid by Ability, Inequality Would 2019-11-08 05:00:09Some may argue that top earners are simply super skilled, but that’s not what the evidence suggests.

U.S. and China Agree to Roll Back Some 2019-11-07 21:00:18The development suggests progress toward an interim agreement that would provide relief to businesses and consumers.

China Is Trying to Clean Up Its Banks. 2019-11-07 14:11:20Beijing is reining in small financial institutions that once lent with abandon. But the process has generated painful headlines.

The C.E.O. of American Airlines Has a Problem: 2019-11-07 07:53:23Doug Parker has been chief executive of three airlines. But he had never faced a challenge like the grounding of the 737 Max.

Why $4.5 Billion From Big Tech Won’t End 2019-11-06 14:42:15Efforts by Apple, Facebook and Google to address the California housing crunch must contend with the forces that created it.

Trump Vowed to Shrink the Trade Gap. It 2019-11-06 10:32:45The overall trade deficit continued to widen in the first nine months of 2019, suggesting that the global trade wars haven’t had the desired eff

Walmart’s Strategy When Wading Into Culture Wars: Offend 2019-11-05 14:49:12Walmart has taken stands on several controversial issues, but the retailer has been careful to alienate as few customers as possible while doing so.

China’s Xi Praises Free Trade. Striking Deals Is 2019-11-05 14:33:49A setback with India and continuing negotiations with the United States test Beijing’s talk of lowering global barriers.

Companies Cut Back, but Consumers Party On, Driving 2019-11-04 19:23:31Things feel chillier in the executive suite than they do at the mall, and the future of a record expansion hangs in the balance.

Apple Commits $2.5 Billion to Ease California Housing 2019-11-04 19:23:10The plan includes $1 billion for an affordable housing investment fund as well as an effort to help first-time buyers.

Business - The Huffington

United Auto Workers Member Struck By Car And 2019-10-22 16:33:43"Roy A. McCombs tragically lost his life today on a picket line standing up for a better life for himself and his coworkers," the union said.

Ernst & Young Admits Women’s Training Included ‘Offensive 2019-10-22 10:12:16After HuffPost reported on a sexist seminar, EY said it would no longer offer the program.

How New York Could Make Better Jobs In 2019-10-21 16:40:44A new campaign wants city transit authorities to enforce stronger agreements for workers as they contract with a manufacturer in the South.

Cannabis Banking Challenges Go Beyond Pot 2019-10-21 13:40:46By Sophie Quinton & April Simpson FRANKLIN, Tenn. — Kat Merryfield was ready to share her farm-to-home oils, chocolates and

Women At Ernst & Young Instructed On How 2019-10-21 07:00:06At the height of the Me Too movement, the message of the training seminar was "fix the women."

Mark Hurd, Co-CEO Of Oracle, Dead At 62 2019-10-18 16:30:42The tech executive also led Hewlett-Packard during his storied career. Oracle announced he was on medical leave last month.

Inside TurboTax’s 20-Year Fight to Stop Americans From 2019-10-17 11:52:44Using lobbying, the revolving door and “dark pattern” customer tricks, Intuit fended off the government’s attempts to make tax filing free and e

GM And United Auto Workers Reach Tentative Deal 2019-10-16 12:00:54A union council still needs to approve it in order to bring a painful work stoppage to a close.

3 Win Nobel Economics Prize For 2019 2019-10-14 05:53:34Abhijit Banerjee, Esther Duflo and Michael Kremer won the Sveriges Riksbank Prize in Economic Sciences on Monday.

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India vs Bangladesh 3rd T20I LIVE score: B'desh 2019-11-10 08:03:15Both India and Bangladesh would look to clinch the series in the final match in Nagpur. Watch IND vs BAN 3rd T20I LIVE cricket score and match comment

Will not form govt in Maharashtra, Sena disrespected 2019-11-10 07:59:35"Good luck to the Shiv Sena if it wants to form government in Maharashtra with the support of the Congress and NCP."

NSA Doval meets Hindu, Muslim religious leaders after 2019-11-10 07:13:38The religious leaders pledged unstinted support to the government in all steps to maintain peace and order, they said

Cyclone 'Bulbul' disrupts normal life in West Bengal, 2019-11-10 05:56:55Torrential rain lashed the metropolis throughout Saturday, forcing people to remain indoors

DoT asks BSNL to ensure continuity as VRS 2019-11-10 05:34:36At present, various options are being discussed for the transition period

A day after historic verdict, Ayodhya wakes up 2019-11-10 05:24:49Residents of the temple town are back to their normal lives

No one came forward to claim a dozen 2019-11-10 04:53:20The Swiss government began making details of dormant accounts public in 2015 to allow their claimants submit necessary proof to get access to those fu

Odd-even may not cut Delhi air pollution. An 2019-11-10 04:21:59Air pollution is not only a winter problem. 'Year-round, the level (of air pollution) remains three times higher than the national standard'

100% FDI in coal mining will help India 2019-11-10 04:20:20In August, the government had allowed 100 per cent foreign investment in coal mining and contract manufacturing

FPIs remain bullish, invest over Rs 12,000 cr 2019-11-10 04:09:20Himanshu Srivastava, senior analyst manager research at Morningstar Investment Adviser India said, mainly the domestic factor led to the foreign inflo

Over 100 Indian CEOs, Deepika Padukone to visit 2019-11-10 04:08:27Among others from the Indian film industry, Shahrukh Khan and Karan Johar have been in Davos for the WEF annual meetings in the recent years

Maruti Suzuki production slashed 21% in Oct; cut 2019-11-10 03:12:15Production of mini and compact segment cars, including Alto, New WagonR, Celerio, Ignis, Swift, Baleno and Dzire stood at 85,064 units


Reuters: Revolut to Raise $500M for Global Expansion New! 2019-11-13 16:10:34 UK-based fintech startup Revolut is planning to attract at much as $500 million for global expansion next year.

CFTC Chairman Believes Ethereum 2.0 Could Be Securities New! 2019-11-13 13:40:31 Tarbert claims the agency is considering carefully about the possible change of ETH to use the Proof of Stake consensus mechanism.

Bitfinex to Launch Options and Gold-backed Stablecoin New! 2019-11-13 12:35:10 Bitfinex plans to release a gold-backed stablecoin called Tether Gold.

65,000 Swiss Retailers Will Soon Accept BTC New! 2019-11-13 09:12:30 Bitcoin Suisse has partnered with Worldline to boost crypto adoption in the country.

Telegram Asks Court to Dismiss Lawsuit Against Gram New! 2019-11-13 08:06:04 The company has asked a court to dismiss the US Securities and Exchange Commission's lawsuit against the issuance and distribution of its token.

Binance to Add Support for 180 Fiat Currencies 2019-11-13 06:31:11 The exchange CEO has said he plans to add support for 180 fiat currencies to his platform.

How to mine Bitcoins for dummies 2019-11-13 05:30:00 Beginners guide to mining bitcoin.

Facebook Launches a Payment System 2019-11-13 04:48:20 Facebook has just rolled out Facebook Pay, its new payment system.

Binance to Support Paxos Fiat Gateway Service 2019-11-12 17:03:30 Paxos Trust Company has announced the launch of a new service called Fiat Gateway.

Coinup Founder Sentenced to 16 Years in Jail 2019-11-12 13:01:54 Coinup CEO was convicted of cheating regarding investors in a total amount of over $386 million.

CME to Launch Options on Bitcoin Futures in 2019-11-12 11:42:44 The company claims it decided to continue bitcoin futures offering due to growing interest in cryptocurrencies and customer demand.

Huobi Chain Goes Open Source; Will Binance Chain 2019-11-12 11:17:06 Global cryptocurrency giant Huobi Group has made a major stride towards fueling development of its eponymous blockchain.

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