JACKSON HOLE, Wyo. (Reuters) – Federal Reserve policymakers are signaling they could raise U.S. interest rates soon but they are already weighing new tools they may need to fight the next recession. A solid U.S. labor market “has strengthened” the case for the first rate increase since last December, Fed ... Read More »
Mortgage apps down 4% lastweek Wednesday, 17 Aug 2016 | 7:32 AM ET|01:04 Even with mortgage interest rates sitting near record lows, mortgage applications failed to make any gains last week. Total application volume decreased 4 percent on a seasonally adjusted basis for the week from the previous week, according to ... Read More »
Google’s Chromebook has been particularly successful in the education market — and that’s helped drive its broader software platform, Google for Education. It’s similar to the business offerings Google offers, with access to Gmail, Docs, Sheets, Slides and so on, but it also adds the specialized Google Classroom tool that ... Read More »
India’s largest cab aggregator Ola on Wednesday said it was shutting down operations at TaxiForSure (TFS), a move seen as a bid to integrate its operation and cut costs. The decision comes 17 months after Ola acquired its cross-town rival for $200 million (Rs.1,200 crore) in a cash and equity ... Read More »
European shares close lower A number of disappointing company results – from brewer Carlsberg, Austrian brickmaker Wienerberger and insurer Admiral – helped send stock markets into negative territory. Investors were also nervous ahead of the latest US Federal Reserve minutes, and what they might hint about the course of interest ... Read More »
In a deeply embarrassing moment for Jammu and Kashmir Chief Minister Mehbooba Mufti, the national tricolor fell off the post as she hoisted it at Bakshi stadium in Srinagar where the main Independence Day function of the state was held. Mehbooba, who was hoisting the national flag as Chief Minister ... Read More »
Britain could leave the European Union towards the end of 2019, instead of early that year as expected by some politicians, reported the Sunday Times citing sources who have been briefed by ministers that Brexit departments were not ready. The UK voted to leave the EU on June 23, but ... Read More »
Russian track and field suffered a final humiliation at the Rio Games on Saturday when the sport’s governing body suspended long jumper Darya Klishina, removing from competition the nation’s only athlete to have so far survived a blanket ban for doping. The suspension, announced three days before she was due ... Read More »
Donald Trump has released the names of his economic advisers, a list heavy with Wall Street and real estate industry figures, but short of actual economists. The names include several people from the world of hedge fund and private equity firms, including Steven Feinberg, chief executive and co-founder of Cerberus ... Read More »
Curfew continued on Saturday in many parts of Kashmir, a day after fresh violence left three persons dead and 150 injured, while normal life remained paralysed for the 29 consecutive day. “Curfew remains in force in six police station areas of Srinagar — Nowhatta, Khanyar, Rainawari, Safakadal, Maharajgunj and Batamaloo — as a precautionary measure to maintain law ... Read More »
The trend of “Specu-lecting” hit the art market like an all-consuming wildfire in the midst of the 2008 economic crisis. One part speculation and one part collecting, the idea of art as investment came with the foremost goal of profit. It made some of us winners, but plenty of the rest of ... Read More »
Zee Learn Ltd, the education arm of Essel Group, has appointed former Manipal Global Education Services executive Debshankar Mukhopadhyay as chief executive officer, as per a press statement. Mukhopadhyay, who was previously heading the educational sales – financial services & insurance division at Manipal, has over two decades experience in ... Read More »
