Stories about Money

Jun 15 2017

U.S. crude stockpiles rose unexpectedly

Crude inventories rose by 3.3 million barrels in the last week, compared with analysts' expectations for an decrease of 3.5 million barrels. The inventory gains added t...

Jun 15 2017

Get 2 Percent Back With Amazon Prime Reload

Amazon says it asks for both your debit card number and bank information because it will sometimes route orders through your debit card to fulfill your reload requests f...

Jun 15 2017

The Axa Continues to Hold Stake in Cabot Corp (CBT)

The stock , after opening at $22.88, closed at $23.37 by scoring 2.59%. It has underperformed by 1.26% the S&P500. Following the completion of the sale, the insider now ...

Jun 15 2017

Fed raises key rate and unveils plan to reduce bond holdings

Officials lowered their jobless-rate forecasts for the years ahead too: to 4.2% from 4.5% for both 2018 and 2019. The manat has been very stable over the last few rises...

Jun 15 2017

Is Now The Right Time To Bet On Murphy Oil Corporation (MUR)?

The stock of Marathon Petroleum Corp (NYSE:MPC) earned "Overweight" rating by Barclays Capital on Friday, December 4. The Vanguard Group Inc holds 36.16M shares with $1.8...

Jun 15 2017

Oil prices head for big weekly loss as glut lingers

The price for Brent crude oil , now in the August contract, was down 0.1 percent minutes before the opening bell to $50.71 barrel. Global benchmark Brent crude f...

Jun 15 2017

Fed Raises Key Interest Rate For 4th Time Since 2015

So far, Trump has sent conflicting signals about whether he plans to nominate her for a second term. It foresees one additional rate hike this year, unchanged from its ...

Jun 15 2017

Government to rewrite rules for student loan forgiveness

She added that almost 16,000 defense claims that are now being processed by the department will be fulfilled. The "borrower defense" rule was designed by the Obama admi...

Jun 15 2017

IG Group Holdings plc (IGG) Downgraded by Numis Securities Ltd to "Hold"

Pets at Home Group Plc is a United Kingdom-based holding company. The stock's market cap is GBX 10.93 billion. The Company has a format, dog focused high street store ca...

Jun 15 2017

Attorneys general sue Trump for allegedly violating Constitution

The lawsuit , filed in US District Court for the District of Maryland, claims that Trump's businesses have received millions of dollars via leases and purchases of Tru...

Jun 15 2017

US oil production seen thwarting OPEC effort to boost prices

IEA said its provisional monthly data for May indicates that OECD stocks may be little changed. "Our first outlook for 2018 makes sobering reading for those producers...

Jun 15 2017

Steve Scalise shooting: 'Political rhetorical terrorism' contributed to attack, rep says

Brooks said the return fire distracted the gunman until he was downed by the officers. "It felt like a construction site; somebody dropped a big piece of metal, and then ...

Jun 15 2017

Arlene Foster and Theresa May set for crucial talks in London

Corbyn, for his part, offered a much more hopeful plan, campaigning on increasing government spending for jobs, social programs, and security. Declaring Northern Irelan...

Jun 15 2017

Verizon takes over Yahoo to complete $4.5 billion deal

Armstrong will now be CEO of a new Verizon subsidiary called Oath , which will consist of Yahoo and various AOL services. The closing of Verizon's $4.48 billion take...

Jun 14 2017

Rosenstein Says He Won't Fire Special Counsel Unless There's Good Cause

He told MSNBC's "Morning Joe" that "I don't think the Congress would sit still and allow the president to pick his own investigator". "When the day comes that our count...

Jun 14 2017

Trump not planning to invoke executive privilege to block Comey testimony

It would not work. "I don't think it's appropriate for Trump to claim executive privilege after he's been writing and tweeting about his conversations with Comey". ...

Jun 14 2017

Trump says Comey cleared him. He didn't

Comey told senators he resisted those entreaties because the situation could change and if it did, that, too, would have to be announced. He claimed the Trump team had ...

Jun 14 2017

Trump accuses ex-FBI director Comey of cowardice over 'leaks'

Former FBI director James B. Comey said Thursday that President Trump fired him to interfere with his investigation of Russia's ties to the Trump campaign, accusing...

Jun 14 2017

Will Power : Racing star wins chaotic Texas Indy Car shoot-out

Charlie Kimball secured his first career Verizon IndyCar Series pole on Friday at Texas Motor Speedway , knocking off teammate Scott Dixon in qualifying for Saturda...

Jun 14 2017

European Central Bank keeps stimulus in place

With Thursday's decision, the ECB's deposit rate, its key policy tool, remains at -0.4 per cent. The bank is moving gingerly out of concern that investors could antic...