China Plans Prudent, Neutral Monetary Policy for Next Year
China Plans Prudent, Neutral Monetary Policy for Next Year Bloomberg News December 16, 2016, 3:53 AM EST December 16, 2016, 6:24 AM EST China’s top policy makers said they plan prudent and neutral monetary policy and proactive fiscal policy next year as they seek to sustain a steady expansion with room for reforms.Preventing and controlling financial risk to avoid asset bubbles will be a priority, along with deepening supply-side structural reform, accord..>> view originalVenezuela's 100-bolivar note withdrawal causes chaos
Media captionVenezuela hit by further uncertainty as 100-bolivar note is pulled Venezuela's highest denomination banknote has ceased to be legal tender, in a move that has caused cash chaos and long queues at banks this week.Some cash machines on Thursday were still issuing the old 100-bolivar notes, hours before they expired.President Nicolas Maduro said new higher-denomination bills would be fully distributed in January.He has closed the borders with Brazil and Colombia until Sunday to st..>> view originalDeVry, FTC in $100M Settlement of Advertising Suit
DeVry Education Group and DeVry University agreed to settle a Federal Trade Commission lawsuit regarding the for-profit institution's use of employment statistics in advertising. The company will pay $49.4 million to the FTC and forgive $30.4 million in institutional loans that were issued before Sept. 30, 2015. The for-profit will also forgive $20.2 million in outstanding DeVry accounts receivable balances for former students. DeVry also agreed to have specific data to support any future advert..>> view originalDOT fines American Airlines $1.6M for tarmac delays
American Airlines passenger planes on April 10, 2016, at the Charlotte Douglas International Airport in Charlotte, North Carolina, USA. (Photo: TANNEN MAURY, EPA)WASHINGTON – American Airlines was fined $1.6 million for leaving dozens of planes on tarmacs for more than three hours without allowing passengers to leave, the Transportation Department announced Wednesday.The infractions involved flights from 2013 to 2015, according to the department’s Aviation Enforcement Office investigation. The i..>> view originalDollar Hits Speed Bump in Fed-Driven Rally; Bonds Stem Declines
The dollar’s advance stalled as the dust settled on a new financial-market landscape created by the Federal Reserve’s shift to a tighter policy path in 2017.The greenback fell against the euro after touching the highest since 2003 on Thursday while stocks rose. Treasuries stemmed six days of declines underpinned by the Fed’s more hawkish outlook for interest-rate increases next year. Gold trimmed its sixth weekly drop, and copper fell.The moves mark a step back after a dramatic week in which th..>> view originalEuropean stocks reach new high; dollar's post-Fed rally pauses
LONDON (Reuters) - European stocks climbed to an 11-month high on merger and acquisition speculation on Friday, while the dollar's rally paused as investors adjusted their portfolios to cope with any faster-than-expected increases in U.S. interest rate.World stocks as measured by the MSCI world equity index, which tracks shares in 46 countries, rose 0.18 percent. Japan's Nikkei gained 0.7 percent after rising to a one-year peak on the export prospects from a weaker yen. Global financial markets ..>> view originalTrump considers financial pundit Larry Kudlow for Council of Economic Advisors
(Jenny Starrs,Victoria Walker/The Washington Post) Conservative television commentator Larry Kudlow is a leading candidate to become chair President-elect Donald Trump’s Council of Economic Advisers, which is usually run by one of the nation’s most prestigious economists. Stephen Moore, chief economist at the Heritage Foundation and an adviser to Trump, told a Lansing, Mich. business group Thursday that Kudlow would be named to the post, though Moore later added the nomination “isn’t a ..>> view originalRev's Shark: A Meaningless Number (20000) in a Misleading Index (DJIA)
Rev's Shark: A Meaningless Number (20,000) in a Misleading Index (DJIA) By James "Rev Shark" DePorre | Dec 16, 2016 | 7:21 AM EST "Round numbers are always false." --Samuel Johnson...591 more words left in this article. To read them, just click below and try Real Money. Read the full story and get access to money-making ideas from top investment pros, handpicked by Jim Cramer. Stay ahead of the market with Real Money where you'll get actionable investi..>> view originalDollar Surges as US Prepares for Higher Rates
A dollar surge that began after the U.S. election has accelerated with this week’s Federal Reserve interest-rate increase, pointing to a possible reckoning in coming months for economies around the globe. The WSJ Dollar Index of the dollar’s value against 16 major trading partners hit a 14-year high Thursday, reflecting expectations that the Fed will pick up the pace of rate increases next year as the U.S. economy gains momentum....>> view originalWill Facebook's Fake News Warning Become a Badge of Honor?
Scroll through your Facebook feed, and you may soon come across an angry red warning symbol. “Disputed by 3rd Party Fact-Checkers,” the alert will read, splashed underneath a link posted by a friend. They will soon start popping up across the social-media site for some users, thanks to a new set of features Facebook is testing to battle hoaxes and fake news online.How you react will depend on how you feel about Facebook, the media, fact-checking, and the “fake news” phenomenon.Maybe you’re a s..>> view original
Monday, December 26, 2016
China Plans Prudent, Neutral Monetary Policy for Next Year and other top stories.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment