Economy

Dexter the emotional support peacock barred from flying

Dexter the emotional support peacock barred from flying A United States of America based woman bought a ticket for her peacock named Dexter a ticket as well to join her in-flight to Los Angeles from Newark airport. "We explained this to the customer on three separate occasions before they arrived at the airport", the airline said. WHAT?! We're discussing emotional support animals on an upcoming episode! The abuse of the Emotional Service Animal (ES... [Full Article...]

US Regulator CFTC Sends Subpoenas to Bitfinex Exchange and Startup Tether

US Regulator CFTC Sends Subpoenas to Bitfinex Exchange and Startup Tether Tether's total supply is 2,310,109,970 tokens and its circulating supply is 2,247,140,814 tokens. The price of Bitcoin (BTC) increased sharply over the weekend and hit a high of $12,000 on Sunday. Nathaniel Popper of the New York Times confirmed the report but clarified that the subpoena was issued on December 6. But according to Bloomberg , Potter is the Chief Strategy Officer at Bitfi... [Full Article...]

IShares MSCI Brazil Capped (EWZ) Rises 1.2% for Jan 31

IShares MSCI Brazil Capped (EWZ) Rises 1.2% for Jan 31 Developing this confidence may take a lot of practice and determination. Making the transition to the next level is most likely on the minds of many dedicated investors. The RSI value will always move between 0 and 100. As a general rule, an RSI reading over 70 would signal overbought conditions. A CCI reading above +100 would imply that the stock is overbought and possibly ready for a correction. [Full Article...]

Samsung confirms making chips for mining bitcoin and other cryptocurrency

Samsung confirms making chips for mining bitcoin and other cryptocurrency Korean technology company Samsung's fourth quarter resulted in a record profit, mainly thanks its chip division, where prices remain sky high. " Samsung's foundry business is now engaged in the manufacturing of crypto-currency mining chips", it said in a statement given to the BBC. [Full Article...]

Theresa May to COME CLEAN over Brexit as European Union documents are leaked

Theresa May to COME CLEAN over Brexit as European Union documents are leaked The research revealed replacing free movement with a system similar to that in place for non-EU citizens would have a bigger effect than the 0.2% boost likely from a USA trade deal. Nonetheless, the impact assessment does not take into account the short-term effects that Brexit will have on the economy, such as adjusting the economy to new customs arrangements and rules, which could prove worse th... [Full Article...]

Union Budget 2018: What do small scale traders want?

Union Budget 2018: What do small scale traders want? Anubhuti Sahay, head, South Asia economic research ( India ), Standard Chartered Bank, told Mint , "We believe after a temporary slippage in FY18 fiscal deficit, the government will target a narrower deficit next year but not all the way to 3 per cent as mandated by the fiscal consolidation path". [Full Article...]

Taiwan Manufacturing PMI Rises To 56.9 In January - Nikkei

Taiwan Manufacturing PMI Rises To 56.9 In January - Nikkei The data gives global investors their first look at business conditions in China at the start of 2018, with the government's war on winter smog and a continued crackdown on riskier types of financing adding to uncertainty amid early signs of a slowdown in the world's second-largest economy. [Full Article...]

California appeals court rules against Tinder, saying Plus pricing is discriminatory

California appeals court rules against Tinder, saying Plus pricing is discriminatory Tinder Plus allows users a range of extra features including the ability to swipe in other locations, make parts of your profile invisible to other people such as your age or distance, only to be shown to people you've already liked, to undo your last swipe, to be the top profile in your area for 30 minutes, unlimited right swipes, extra "Super Likes" and an ad-free experience. [Full Article...]

Ebay posts loss for holiday quarter on US$3.1B tax charge

Ebay posts loss for holiday quarter on US$3.1B tax charge EBay said it will start processing payments globally using Dutch payments company Adyen, allowing its users to remain on the eBay website when checking out. EBay said it would take a US$1.9 billion tax charge related to the repatriation of its foreign earnings, though the charge would largely be offset thanks to accounting from years earlier. [Full Article...]

US Fed rate decision due as Yellen's tenure concludes

US Fed rate decision due as Yellen's tenure concludes The Fed has modestly raised its benchmark rate five times since December 2015, when it began tightening for the first time since the height of the financial crisis in 2008. In a statement following its two-day policy meeting, the Fed praised the "solid" gains in hiring, household spending and business investment. The last thing that an overheating us economy needs now is a change in the ... [Full Article...]

Land Securities Group (LAND) Stock Rating Reaffirmed by Peel Hunt

The company has market cap of 370.65 million GBP. The company, through its platform, offers contracts for difference, which are derivatives that enable clients to take the advantage of changes in an assetÂ's price without owning the asset itself; and financial spread betting services. [Full Article...]

Canadians share personal stories during Bell Let's Talk Day

Canadians share personal stories during Bell Let's Talk Day A person who likes to keep a clean desk might lament their tidiness by saying, "I'm so OCD!" instead of "I love being tidy!" But talking about it is just the first step: Visit letstalk.bell.ca for more ways you can effect change and build awareness around mental health. [Full Article...]

Chris Pratt shows off fit body in Michelob ULTRA Super Bowl commercial

Chris Pratt shows off fit body in Michelob ULTRA Super Bowl commercial In addition to wrist curls, Pratt went method, going so far as to imagine character names like Michelob Picklestein and Tommy Ultra. Chris is featured in a Super Bowl ad for Michelob Ultra, which just got released yesterday. Thats what I call a win win.”. Chris Pratt made audiences thirsty as HELL previous year when he showed off his muscular physique in Marvel's acclaimed space-opera G... [Full Article...]

Olympics: Russian speed skater Graf rejects Pyeongchang invitation

Olympics: Russian speed skater Graf rejects Pyeongchang invitation He said the exclusion of many Russian sports men and women over doping was "strange", reiterating his pledge to support those who have been prevented from taking part. The last winter olympics took place in Sochi, Russia in 2014, where the United States brought home 28 Olympic medals. Putin at a meeting with the athlethes, said Russian Federation will support the idea of clean sports. [Full Article...]

Bridlington Marks & Spencer Set to Close

Bridlington Marks & Spencer Set to Close M&S now has 1,025 stores - 302 clothing, home and food, 684 food-only and 39 outlets. "We'll be working hard to become an integral part of the community, ensuring we offer fantastic customer service and putting our customers at the heart of everything that we do". [Full Article...]

Shares in Bank of America Corporation (BAC) Acquired by HighVista Strategies LLC

Shares in Bank of America Corporation (BAC) Acquired by HighVista Strategies LLC Century Bancorp, Inc. (NASDAQ:CNBKA) has risen 42.16% since January 31, 2017 and is uptrending. It has outperformed by 17.07% the S&P500. Vanguard Group Inc. 1 of these were buys and 3 were sells. On Tuesday, January 26 the stock rating was maintained by Deutsche Bank with "Buy". As per Tuesday, January 9, the company rating was downgraded by Societe Generale. [Full Article...]

Renault-Nissan-Mitsubishi claims top world vehicle sales

Renault-Nissan-Mitsubishi claims top world vehicle sales An alliance between Renault , Nissan and Mitsubishi led the way with combined sales of 10.61 million vehicles, or 6.5 percent more than the previous year. The entire Volkswagen Group's sales sat at around 10.53 million. A Nissan executive said that the alliance will continue to take advantage of the scale of the group that realizes cost cuts by sharing auto components. [Full Article...]

XOM plans on tripling Permian production, spending $2B on infrastructure

XOM plans on tripling Permian production, spending $2B on infrastructure Exxon Mobil Corp plans to triple its oil and natural production in the Permian Basin of West Texas and New Mexico by 2025 and spend $2 billion there to expand a crude storage terminal, it said on Tuesday. ExxonMobil plans to ramp up its oil production in the Permian Basin in coming years. Ortwein added: "With this production growth, we are well positioned to maximize value as increased supply ... [Full Article...]

Appeals Court Upholds CFPB Constitutionality

Appeals Court Upholds CFPB Constitutionality The Court of Appeals for the District of Columbia Circuit ruled Wednesday that the CFPB's structure is constitutional and that the director of the agency can only be fired by the president for "inefficiency, neglect of duty, or malfeasance in office". [Full Article...]

Traders Alert on Plains All American Pipeline, LP (PAA)

U.S. Bancorp (NYSE:USB) has risen 23.07% since January 31, 2017 and is uptrending. It has outperformed by 15.56% the S&P500. Alps Advisors Inc increased Plains All American Pipeline L (PAA) stake by 10.93% reported in 2017Q3 SEC filing. Shares of Plains All American Pipeline LP (PAA) have a 7-day moving average of 22.23. Griffin Asset Management Incorporated stated it has 27,576 shares. [Full Article...]


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