Stories about Finance

Mar 22 2017

Billionaire Philanthropist and Businessman David Rockefeller Dies at 101

Rockefeller was the last in his generation that hailed from the old billionaire families. She lived her life as a conservationist and passed away at 80 years old in 1996...

Mar 19 2017

US Equities Slide as Health-Care, Utility Stocks Decline

The Nasdaq composite slipped 3 points, or 0.1%, to 5,897. Canada's main stock index rose on Thursday, with the materials group leading broadbased gains as base and prec...

Mar 17 2017

Trading Vision: Active Stock Focus on Shares of GoPro, Inc. (NASDAQ:GPRO)

Just 10 days ago, Goldman Sachs analyst Simona Jankowski cut her rating on GoPro's stocks to sell from neutral , saying that the company continues to "struggle fundament...

Mar 16 2017

Indiana Unemployment Rate Holds Steady, More Are Working

Shelby County had the state's lowest unemployment rate at 5 percent, while Wilcox County had the highest jobless rate at 17.1 percent. Maine's 3.5 percent January joble...

Mar 15 2017

US Airlines Cancel 5400 Flights In Northeast Winter Storm

According to Flightaware , a website which tracks flights, the three major airports canceled over 50 percent of their flights for Tuesday , with the possibility that the...

Mar 13 2017

Celebrate Spring with Starbucks' New Pastel Coffee Cups

Starbucks started offering seasonal cups more than 20 years ago with its first holiday cup. The new cups are pastel with large white dots in the middle. Nonetheless, t...

Mar 12 2017

US Attorney Preet Bharara Tweets That He Has Been Fired

Attorney's, but up until earlier this week, only 46 of them remained in their positions for various reasons. Bharara's former district includes President Trump's NY res...

Mar 11 2017

Bernstein Reaffirms "Underperform" Rating for American Airlines Group Inc (AAL)

Deutsche Bank AG reaffirmed a "buy" rating and set a $55.00 price objective on shares of American Airlines Group in a research note on Tuesday, January 31st. American A...

Mar 08 2017

Target Price Review on Big 5 Sporting Goods Corporation (NASDAQ:BGFV)

The company's shares were given away at $60.09 per share worth to an income of some $1,973,596 on account of COLOMBO WILLIAM J. While some of this recent burst of call ...

Mar 08 2017

Disconnect between stock market and economy, OECD warns

The Economic Outlook report projected the US economy to grow by one percentage point to 2.4 percent this year on strong domestic demand. In its Interim Economic Outloo...

Mar 07 2017

Russia: OPEC deal worked, but we won't be joining oil cartel

In the USA, producers added more rigs last week, extending a drilling surge into a 10th month, Baker Hughes Inc. said. Oil prices, however, have been unusually stable s...

Mar 06 2017

Millions of dollars in tax refunds unclaimed by Alabamians

Nearly $18 million in unclaimed refunds could be waiting for Oklahomans who didn't file a tax return in 2013, the IRS said. "Sometimes people think they don't make enough...

Mar 04 2017

Momentum Stocks Ford Motor Company (NYSE:F), Emerson Electric Co. (NYSE:EMR)

In other General Electric Company news, insider Jeffrey S. Bornstein bought 5,000 shares of the stock in a transaction on Tuesday, January 31st. Synovus Financial Corp in...

Mar 04 2017

Eurozone Inflation Hits Four-Year High 2% As Energy Prices Surge

Consumer prices in the 19 countries using the euro rose by 2.0 percent from February previous year - up from January's 1.8 percent. The annual rate has increased sharpl...

Mar 03 2017

Snap debuts on New York Stock Exchange

In one of the most anticipated tech IPOs in years, its parent company , Snap, is going public Thursday morning, with a share price set at $17. It remains to be seen ...

Mar 02 2017

President Trump's New Travel Ban Takes Iraq Off List

The White House's decision to halt suspension of refugees from the seven nations has struck a nerve among some activists. Trump said his new executive order would be "v...

Mar 01 2017

India Q3 GDP growth seen slowing to about 6% on demonetisation

Accordingly, Moody's has revised its real GDP growth forecast to 2.4 per cent in 2017 and 2.5 per cent in 2018, from 2.2 per cent and 2.1 per cent, respectively. The gove...

Feb 24 2017

Here's How Much Sitting In Traffic Is Costing You

Among cities in Thailand, the study said that out of the 64.1 hours on average which Bangkok drivers spent stuck in traffic a year ago, some 23% of overall time and an av...

Feb 24 2017

'Unfair': Hundreds of thousands out of pocket as penalty rates cut

The decision will see the reduction of Sunday penalty rates in the retail industry from 200 per cent to 150 per cent for permanent staff and 175 per cent for casua...

Feb 23 2017

Jay Z: From Marcy to VC

Fortunately, this gives us a decent comparison point for the obvious question: Could this fancy-sounding venture capital fund actually have legs? As if being a music, s...