Stories about Money

May 26 2017

Nigerian Senate passes petroleum industry bill into law

Scheme will ensure that components of industry equipment can be manufactured locally. The PIB, which has been discussed for over a decade following several redrafts and...

May 26 2017

OPEC meets to extend oil cuts for up to one year

That's due to USA shale producers. OPEC members Libya and Nigeria will remain exempt from the output curbs as they restore lost production, according to Al-Falih. T...

May 26 2017

New Zealand test rocket makes it to space but not to orbit

Rocket Lab is one of about 30 companies and agencies worldwide developing and focusing on innovative space projects such as small satellite launchers and more. This allo...

May 26 2017

S&P, Nasdaq open at record highs after Fed minutes

The Nasdaq composite also notched a new record, climbing over 6,170.16, as Netflix, Alphabet, and Facebook shares all rose. The Chicago Board Options Exchange (CBOE) ...

May 26 2017

Trump Team Stands by Budget's $2 Trillion Math Error

The budget is getting a low-key unveiling with the president traveling overseas. Treasury Secretary Steven Mnuchin had expected the government to hit the legally mand...

May 26 2017

Oil prices down sharply ahead of OPEC announcement

The data came a day after the minutes of the Fed's May meeting showed that the central bank plans to unwind its balance sheet towards the end of the year, possibly using ...

May 26 2017

Moody's downgrades China's credit rating citing concerns over its growing debt

Meanwhile, China's Ministry of Finance claims the methodology used in the downgrade does not accurately account for the country's capacity to expand demand, and said Mood...

May 26 2017

Fed may raise interest rates again in June

It reiterated its position that excess capacity remains in the economy and wage growth is subdued, but noted strong spending by Canadians along with a housing boom and jo...

May 26 2017

Trump's health care budget means deep cuts for safety net

Republicans anticipate that they'll use a reconciliation package to pass tax reform, which could prevent them from passing legislation that adds to the deficit outside ...

May 26 2017

Greek govt official describes blast as attack

Mr Papademos served as prime minister for six months in 2011-2012 and is a former deputy governor of the European Central Bank . During his time in the position, the gov...

May 26 2017

Ergomed (LON:ERGO) Analyst Target Changes

Hudbay Minerals Inc. (TSX:HBM) presently has a 10 month price index of 1.13559. (CDNA)'s stock declined 53.04%. About 1.01 million shares traded or 9.94% up from the av...

May 26 2017

Berks County population inches higher in revised census report

But the U.S. Census Bureau just released its population estimate Thursday for the 15 fastest-growing large cities in America of over 50,000 residents, and Bend is No. IL ...

May 26 2017

A time to remember, honor

First up is the Murray County Veterans Memorial Day service on Saturday at 11 a.m.at the Veterans Park Gymnasium at 651 Hyden-Tyler Road. "While many orators and offi...

May 26 2017

Poston delivers during DEAN & DELUCA debut — JT Poston

Spieth, who played his Colonial pro-am with Bill Murray for the second year in a row, is switching back to his old Scott Cameron flat stick putter after using a mallet-st...

May 26 2017

GM is latest automaker accused of diesel emissions cheating

The complaint , filed in Detroit federal court, claims the defeat devices allowed GM trucks to pass US inspections, despite emitting two to five times the legal em...

May 25 2017

Death Toll from Ariana Grande Concert Bombing Could Rise

The BBC reported that security services thought the bomb was too sophisticated for Abedi to have built by himself. "I am sure that we will get more information about ...

May 25 2017

Trending Stocks Johnson & Johnson (NYSE:JNJ), Weibo Corp (ADR) (NASDAQ:WB)

It has underperformed by 16.70% the S&P500. Market Capitalization if basically the market value of the company's shares outstanding. Among 15 analysts covering Johnson ...

May 25 2017

Navios Maritime Midstream Partners L.P

The shipping company reported ($0.28) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.27) by $0.01. The original version of this re...

May 25 2017

Trump says he didn't mention Israel in meeting with Russians

Netanyahu said he hoped an Israeli prime minister could soon make the same flight. Welcoming Trump, Netanyahu said, "I also look forward to working closely with you ...

May 25 2017

Fed minutes: Officials back reducing bond holdings this year

While the yield curve flattened, the S&P 500 closed at a record high after minutes from the USA central bank's May 2-3 policy meeting indicated the Fed would graduall...