• Fed raises rates by quarter-point for second time in three months
Fed raises rates by quarter-point for second time in three months

Federal Reserve Chair Janet Yellen speaks during a news conference in Washington, D.C., on Wednesday. The market has also shown incredible resiliency over its history, and we expect to see the same thing happening again in the coming weeks and months.

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  • The Federal Funds Rate And How It Impacts You
The Federal Funds Rate And How It Impacts You

The Dow Jones Industrial Average (DJI) jumped almost 68 points, or a third of a percent , in the minutes leading up to and immediately after the Fed's decision. A rate increase at the end of 2015 was seen at the time as the start of a sustained upward move. "The Committee expects that, with gradual adjustments in the stance of monetary policy...

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  • Speaker Ryan: AHCA 'Closest We'll Ever Get to Repealing ObamaCare'
Speaker Ryan: AHCA 'Closest We'll Ever Get to Repealing ObamaCare'

Madara, the CEO of the interest group, a prolific donor to both political parties. "If we repeal the Affordable Care Act, those voices are going to be front and center again". Introduced this week, the American Health Care Act keeps our promise to repeal and replace Obamacare . States that did not expand Medicaid would receive additional funds t...

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  • Michael Owen and Martin Keown predict Liverpool v Arsenal
Michael Owen and Martin Keown predict Liverpool v Arsenal

That is what we must do against Arsenal. Philippe Coutinho netted his first goal since his injury comeback against the Foxes, and he will raring to go versus Arsenal , who were simply outplayed by the Brazilian in their home outing. Santi Cazorla and Mohamed Elneny are out for the Gunners, while Mesut Özil is a doubt. The football Gods now h...

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  • Futures rise after Trump speech; banks up on rate talk
Futures rise after Trump speech; banks up on rate talk

The S&P 500 and the Nasdaq Composite gained 1.4 percent to hit fresh record closing highs. The Dow Jones industrials closed at a record high for the 12th consecutive time Monday. South Korea's markets were closed for a holiday. A PMI reading above 50 indicates expansion in economic activity. Banks, which benefit from higher interest rates and...

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  • Eagles setting up for free agency at NFL Combine
Eagles setting up for free agency at NFL Combine

Is it really in the Eagles best interest to put all their eggs in one basket in free agency, essentially leaving them room for one significant move? He has, however, landed a few late-round pieces that have flashed potential, including fifth-round offensive tackle Brandon Shell and seventh-round defensive tackle Deon Simon.

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  • Reliance Jio deals a body blow to Airtel, Vodafone, Idea Cellular
Reliance Jio deals a body blow to Airtel, Vodafone, Idea Cellular

This is a worthy deal considering 1GB of 4G data on other networks come close to Rs 99 just for a month, while Jio is giving its bundle of services free for a complete year. While that is a LOT of money if you compare to ARPU of Indian mobile users, the value that Jio is giving in exchange is non trivial. This automatically shuts out users of o...

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  • Trump Says He Would Have Told Flynn To Discuss Sanctions
Trump Says He Would Have Told Flynn To Discuss Sanctions

In his first solo press conference from the White House as President, Donald Trump mocked some journalists' questions and offered often snarky responses as he was peppered with queries about Russian Federation, which he addressed mostly by outlining how the news stories were all wrong and he had no deals or connections with the country.

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  • Dodd-Frank: Trump to Undo Wall Street Reform, Consumer Protection Act
Dodd-Frank: Trump to Undo Wall Street Reform, Consumer Protection Act

If Trump succeeds in rolling back Dodd-Frank rules he will rush the country straightforward into another job-killing financial crisis. "It's not just in the financial markets, it's in all markets", said White House National Economic Council Director Gary Cohn on Fox Business Network .

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  • Snapchat parent company files for $3 billion IPO
Snapchat parent company files for $3 billion IPO

The company had a net loss of $515 million in 2016, according to its S-1 filing. What might become one of the USA technology industry's largest initial public offerings in years is now formally got underway Thursday. The public offering will officially make Snap's cofounder and CEO Evan Spiegel, 26, one of the world's youngest billionaires. Urs...

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  • Apple Crushes Expectations, Prints Highest Quarterly Revenue Ever — AAPL Stock
Apple Crushes Expectations, Prints Highest Quarterly Revenue Ever — AAPL Stock

Imagination Technologies (IMGTY) and other European suppliers to Apple (AAPL) rallied early Wednesday after the US tech giant reported better-than-expected earnings backed by stellar iPhone sales. According to the latest data from Strategy Analytics , Apple shipped 78.3 million handsets in Q4 2016 - around 800,000 more than Samsung. The...

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  • Experts say you should still enroll for Obamacare, despite possible repeal
Experts say you should still enroll for Obamacare, despite possible repeal

The three biggest concerns are the lack of plans presented to replace the ACA if it's repealed, Alabama's Medicaid vulnerability and the uncertainty about protections for things like pre-existing conditions. The Congressional Budget Office estimates that a repeal of Obamacare would lead to 18 million uninsured Americans in the first year alone an...

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  • Conte: Title race not over with Liverpool & Arsenal wins
Conte: Title race not over with Liverpool & Arsenal wins

Luis Garcia has admitted that he didn't expect Liverpool to miss Sadio Mane so much after Jurgen Klopp's side crashed out of the FA Cup at the weekend. "He's on his way", Klopp said . We made that many mistakes that we are still fourth in the league. The Reds have beaten Chelsea once already this season, one of just 4 games (out of 27) in all ...

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  • Verizon To Tie Up With Charter: The Truth Behind The Rumor
Verizon To Tie Up With Charter: The Truth Behind The Rumor

That deal has been held up by disclosures of two major security breaches at Yahoo. Although Trump has spoken out against AT&T's proposed merger with Time Warner, industry observers now believe that transaction will ultimately be approved. Both Verizon and Charter face challenges to their core businesses. Additionally, a Charter acquisition would ...

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  • Eoin Morgan hails
Eoin Morgan hails "complete" England as tourists eclipse India in Twenty20 opener

As I mentioned, it is more about providing balance to the side. They have a deep batting line up and batsmen capable of pulling off things easily for their side. Even the intensity of the hosts was visibly less than their English counterparts. England will also come on a mental high note after having won the last ODI played at Eden Garden stadi...

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  • Consumer agency sues student loan servicer Navient
Consumer agency sues student loan servicer Navient

Attorneys general in IL and Washington State also announced lawsuits against Navient and Sallie Mae alongside the CFPB's, alleging the companies had operated an illegal subprime lending scheme and debt collection violations. The income-based repayment plans set monthly payments at a percentage of the borrower's discretionary income. And what do...

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  • Oil prices edge up on tightening market
Oil prices edge up on tightening market

Over the course of the past four weeks the average per day has been 8.2 million barrels. OPEC and Russian Federation have promised to cut supplies in order to re-balance energy markets and keep oil prices above $50 a barrel. With oil prices significantly above their lows of 2016 and OPEC's commitment to price stability, shale companies are once a...

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  • US Legislative Group: Millions Would Lose Insurance Without Obamacare Replacement
US Legislative Group: Millions Would Lose Insurance Without Obamacare Replacement

Julian Gomez (R) explains Obamacare to people at a health insurance enrolment event in Commerce, California March 31, 2014. "The increase would reach about 50 percent in the year following the elimination of the Medicaid expansion and the marketplace subsidies, and premiums would about double by 2026", wrote the report authors.

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  • Here's why the Seahawks are in trouble vs. the Falcons on Saturday
Here's why the Seahawks are in trouble vs. the Falcons on Saturday

With Thomas done for the year and the offence a year-long mess, oddly defined by its awful running game and pathetic offensive line instead of its superstar quarterback and dynamic receiving talent, the Seahawks looked finished, especially after they kissed away their first round bye with a loss to Arizona at home.

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  • Yahoo to be named Altaba, Mayer to leave board after Verizon deal
Yahoo to be named Altaba, Mayer to leave board after Verizon deal

No, not yet. Yahoo said Monday that it would reduce the size of its board of directors after the acquisition of Yahoo's core business by Verizon Communications. While one of the breaches that took place in 2013 involved hackers stealing information of almost 1 billion accounts , the other took place in 2014 and affected almost 500 million accou...

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  • NFL AM: Steelers WR Antonio Brown Saves The AFC Playoffs
NFL AM: Steelers WR Antonio Brown Saves The AFC Playoffs

The Ravens settled for a field goal and a 10-point lead, but two subsequent Steelers' drives that each lasted less than three minutes covered 75 and 90 yards and resulted in two touchdowns that put Pittsburgh ahead, 24-20. So close that he would've suited up in the Steelers' blowout win the day before if he were on the active roster, Ayers ...

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  • Russian, OPEC ministers to meet this week on oil output cuts
Russian, OPEC ministers to meet this week on oil output cuts

Meanwhile, OneNewsNow did ask if this is all the more reason to go after more North American oil and say Farewell, OPEC. Brent crude rose as high as $55.26 in late morning trading, up 1.4 per cent, while West Texas Intermediate crude rose one per cent to $52.19.

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  • Only 26 Percent Of Americans Support Full Repeal Of Obamacare, Poll Finds
Only 26 Percent Of Americans Support Full Repeal Of Obamacare, Poll Finds

One reason is that many Republicans are unable to agree on what to do about the estimated 22 million people who would stand to lose their health insurance, according to the nonpartisan Congressional Budget Office , if the law is repealed .

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  • Opec production deal on the line ahead of meeting in Vienna
Opec production deal on the line ahead of meeting in Vienna

Crude oil's fall dominated markets today as investors continue to fear a deal will not be reached at tomorrow's all-important OPEC meeting. Brent futures fell US$1.86, or 3.9 per cent, to settle at US$46.38 a barrel, while USA crude lost US$1.85, or 3.9 per cent, to US$45.23.

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  • Fight for $15 protesters arrested in NY
Fight for $15 protesters arrested in NY

Those arrested were among thousands who demonstrated, went on strike and got locked up across the country Tuesday to make their most ambitious statement yet in the movement for a $15 hourly wage and union rights. Instead of $15 per hour, Zucker said an increase to the federal minimum wage that mirrors the cost of living would be beneficial to e...

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