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Inclusion, an accreditation of yuan's credibility

To mark the launch of the new SDR basket, Ms. Christine Lagarde, Managing Director of the IMF , stated: "The expansion of the SDR basket is an important and historic milestone for the SDR, the Fund, China and the worldwide monetary system".

These were the best Abraham Lincoln tweets from the second presidential debate

If you're reading this on a mobile device, use this link for the full story . "You have to keep working at it and yes, President Lincoln was trying to convince someone and he used some arguments, and convincing other people, he used other argument...

New Jersey gas prices to jump after vote to raise tax passes

While the 23-cent gas tax increase will bring New Jersey's state gas tax up to par with other states in the Northeast , the capital program it will afford - $16 billion over eight years - is a continuation of the previous 10 years of stagnant fundin...

Snapchat Is Preparing To IPO At A $33 Billion Valuation

If that estimate turns out to be accurate, it would make Snap the biggest company to go public on the US exchange since 2014, when Chinese e-commerce giant Alibaba Group Holding Ltd. During its last funding round in May, Snap's valuation was pegged a...

In VP debate, Pence gets tasked with cleaning up for Trump

About one in four voters don't have either a favorable or unfavorable view of each of them. He also hinted at the tough balancing act of trying to play up his credentials, but not cutting into the job of defending Trump and attacking Clinton, sayin...

Dow jumps as investors shake off Deutsche Bank worries

Fears over Deutsche's financial health stretch back to the 2008 financial crisis when it was hit with various fines and lawsuits as regulators forced Europe's banking sector to restructure, but they were brought back into the spotlight after the Unit...

French rogue trader damages slashed to 1 million euros

In 2014, the Cour de cassation, French highest court, upheld Kerviel's criminal conviction and three-year sentencing, but annulled the 4.9 billion-euro civil damages, saying they were "disproportionate" and that the bank had its share of responsibili...

Dow rises 100 points as Street keeps eyes on Deutsche Bank

It has spent billions settling charges that it conspired to manipulate global interest rates and colluded with other banks to rig foreign exchange rates; its margins have disappeared due to record low interest rates and the cost of new regulations; a...

Trevone Boykin gets special message after his Seahawks debut

Wilson will undoubtedly be somewhat limited. Wilson suffered a sprained MCL in his left knee in Week 3, but he was not on Friday's injury report. Opponents have definitely noticed that Wilson isn't the same threat to run. CB Richard Sherman had I...

Jets' Decker still not practicing, could miss game Sunday

Coach Todd Bowles said Decker didn't inform the team until Tuesday that his shoulder had worsened. "He could be", Bowles said. "So we're confident playing him". While this is certainly not good news for the Jets, remember that they were without D...

DC appeals court hears arguments in Clean Power Plan case

Clean Power Plan opponents are expected to tell the court today that the EPA does not have the authority to regulate carbon pollution from existing power plants under section 111 of the Clean Air Act because the EPA has already regulated these ...

Nikkei pares losses as USA presidential debate ends, weaker yen underpins

Brent crude was up 0.7 percent LCOc1 after dropping almost four percent on Friday amid signs Saudi Arabia and Iran were making little progress in achieving preliminary agreement to freeze production. In commodity markets, oil ran into profit-taking h...

Iowa groups petition DOJ to stop Dakota Access pipeline construction

Energy Transfer Partners, the Dallas-based company financing the $3.7 billion pipeline that would transport 470,000 barrels of oil a day across four states from North Dakota to IL, this week purchased the roughly 9,000 acre Cannon Ball ranch, accordi...

Cruz throws support behind Trump's White House campaign

And I intend to keep my word. The defeated presidential hopeful was booed as he stopped short of endorsing Mr Trump at the Republican National Convention in July , telling supporters to "vote your conscience". In a conference cal Friday, Clinton's...

Dollar Retreats Amid Doubts Fed Will Raise Interest Rates in 2016

Lancz & Associates in Toledo, Ohio. They aren't too concerned about the strength of the economy in a sense that a weaker economy will likely mean the Fed will remain cautious about raising rates. The Dow Jones Industrial Average climbed 115 points, o...

Pfizer Won't Split into Two Companies

Since 2010, Pfizer received 20 new drug approvals and launched multiple products to address patients unmet medical needs. The pharma giant began openly planning for the possible split in early 2014, saying it would operate the businesses as separ...

China puts best foot forward on North Korea sanctions

North Korea can produce enough plutonium for about one nuclear bomb each year, argues Siegfried S. Hecker, senior fellow and affiliated faculty member at Stanford University's Center for International Security and Cooperation (CISAC) and the Fre...

See the adorable Michelle Obama-George W

While attending the opening of the National Museum of African American Culture and History in the city on Saturday, the former president was asked to take a selfie with some of the attendees. A great Nation does not hide its history; it faces its fla...

Deutsche Bank To Fight US Justice Department's $14 Billion Settlement Demand

The Department of Justice didn't immediately respond to a request for comment outside of office hours. "I don't share that assessment", she said. However, the finance ministry said earlier on Friday: "The German government assumes that a fair r...

Karnataka victim of injustice, sought to meet PM on Cauvery: CM

Karnataka Chief Minister Siddaramaiah on Tuesday had urged the Prime Minister to talk to Tamil Nadu chief minister J Jayalalithaa on the Cauvery dispute verdict that led to spiralling violence. While the court had originally said 15,000 cusecs of wat...

Oil slips as Venezuela says market is 10 pct oversupplied

Market participants had expected an increase of 3.4-million barrels, according to a Reuters poll. Brent crude futures settled up 95 cents, or 2 percent, at $46.83 per barrel. Japan's customs-cleared crude oil imports rose 0.5 percent in August from...

Telsa files lawsuit to sell cars directly to consumers in MI

In the fall of 2015, Tesla had applied to the state of MI for the license to open a retail gallery in Grand Rapids. "The lawsuit was filed less than a week after Johnson rejected Tesla's application for dealership and service facilities in Grand Ra...

AP Moeller Maersk divide transport and energy units

Transport & Logistics will consist of Maersk Line , APM Terminals, Damco, Svitzer and Maersk Container Industry based on a one company structure with multiple brands. Hemmingsen, former CEO of Maersk Drilling, will take office as new Chief Execu...

5 charts that predict the Fed's intentions on interest-rate hikes

For example, Yellen said the Fed is keeping a close eye on prices for commercial real estate, which are heating up. "If we had not received these mixed messages, I don't think anybody would have been surprised", said Sam Stovall, U.S. Yet inflation...

Samsung's Note 7 Recall Is Official, Now Comes the Hard Part

Safety regulators have ordered a formal recall of Samsung Galaxy Note 7s after dozens of devices exploded or caught fire. Now that Samsung Electronics Co.'s recall of the explosion-prone Galaxy Note 7 smartphone is official in the US, the c...

Carolinas governors issue orders to ensure gas supplies

The pipeline normally transports 1.3 million barrels of refined gasoline and other petroleum products each day and is a major supplier of fuel from Houston to New York Harbor. states hit hardest by a regional pipeline leak, industry officials said. ...

Officer shot after exchange of gunfire; 1 suspect killed

The wounded officer was shot and injured as he exited his vehicle. The second officer returned fire and struck one suspect. Five others took off in different directions and remain on the run as an Atlantic City police officer remains in critical co...

Tropical Storm Karl forms in far eastern Atlantic

It is about 1,005 miles west of the southern tip of Baja California with maximum sustained winds of 50 mph. Winds from Julia also downed some limbs and caused power outages on St. Meanwhile Tropical Storm Ian races off into the northern Atlantic, w...

Barak, Netanyahu spat over USA aid deal

Graham led in recent months a campaign in recent months to increase USA military aid to Israel beyond what the Obama administration had offered, and even publically confronted the White House on the subject while using harsh language. The Obama admin...

Ford Is On the Move . .

Earlier Thursday, Trump said in an interview on Fox News that Ford planned to " fire all their employees in the United States and.move to Mexico". The CEO of Ford Motor Company on Thursday responded to Republican presidential nominee Donald TrumpD...

Wells Fargo CEO says bad employees were behind scandal over unsolicited accounts

After meeting Tuesday with Wells Fargo President Tim Sloan, Rep. Elijah Cummings , the ranking member of the House Oversight Committee, requested a batch of documents on the bank's sales practices and the salaries and positions of those fired for ...

John Kerry to spend two more days in India

In an address to students of Delhi's Indian Institute of Technology (IIT), Kerry said that terror groups like Daesh, al-Qaeda, LeT and JeM can't be fought by a single nation alone. Attacks by the Taliban on Afghan territory from across the border in ...

Apple CEO expects to repatriate billions of dollars to US next year

Apple (NASDAQ:AAPL) chief Tim Cook cranked up his outrage levels today over the EU's US$14.5bn unpaid tax penalty. Apple has consistently been about doing the right thing. Both Apple and Ireland "played by the rules", he told the publication. ...

Wells Fargo cutting sales goal in wake of hefty fine

Sen. Richard Shelby, R-Ala., chairman of the Senate Banking Committee, who chairs the committee, is set to hold committee hearings probing Wells Fargo about how more than 2 million credit card and bank accounts were opened in the names of the bank'...

Help sought for Korea-bound exports

A USA court on Tuesday granted temporary protection to Hanjin , allowing the firm's ships to dock at US ports without the fear of them being seized. Hanjin Shipping Co.'s container boxes are stacked five high at Busan port in Gyeongsang Province o...

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Breaking News

Puerto Rico Governor Announces $70 Billion Debt Restructuring Plan

He noted that unlike a regular bankruptcy on the USA mainland, a judge can not unilaterally seize any of Puerto Rico's assets without prior authorization from the federal control...

Need to choke financial resources of Naxal groups: Rajnath Singh

The Home Minister also wanted special action plans through the Universal Service Obligation Fund (USOF) to increase connectivity across the entire extremist-affected areas. the Cen...

Mike Tyson is full of praise for Anthony Joshua

Right before last Saturday's epic fight, Joshua was presented with a bespoke Range Rover SVAutobiography Dynamic, a £150,000 (N61m) auto that would naturally command respect anyti...

Italy gets Google to pay $335 million in tax arrears

In 2015, the last year for which accounts are available, Google Ireland generated sales to the value of €22.6bn - about a third of its total income that year - but only paid €48m i...

National Day of Prayer is Thursday

Signed into law by President Harry S. Truman, this national call to pray for America takes place on the first Thursday of each May. In 1988, the law was amended so that the Nati...

Physicians Realty Trust Setting The Table For Earnings

Among 10 analysts covering MercadoLibre ( NASDAQ:MELI ), 4 have Buy rating, 2 Sell and 4 Hold. Institutional investors now hold around $2.62 billion or 67.5% in QTS stock. The d...

Appeals court upholds decision to block Anthem bid for Cigna

After the merger was first blocked, Cigna filed a lawsuit against Anthem seeking at least $14 billion in damages, which is a lot more than the $1.85 billion contractual breakup...

Here's How Trump's New Tax Plan Could Affect Your Wallet

They must be deeply embarrassed at now having to pretend that two plus two equals seven. Overall it's not even likely that this plan will pass , but if the proposed changes c...

Fiat Chrysler profit up more than a third as Europe improves

On 12/29/2015 announced a special dividend of $0.01 with an ex dividend date of 1/4/2016 which will be payable on 1/5/2016. Fiat Chrysler's earnings increased to €0.43 (46 cents)...

AT&T (T) bleeds customers in disappointing Q1 >>> READ MORE

And T-Mobile did not provide a forward looking statement on Net income, which is normal for T-Mobile. ARPU represents unit service revenues of wireless carriers such as Sprint, Ver...

Special Reports

BOJ Rate Decision: Monetary Policy Left Unchanged Amid Higher Growth Outlook

BOJ Rate Decision: Monetary Policy Left Unchanged Amid Higher Growth Outlook

The Governor, Haruhiko Kuroda believes that the Bank of Japan needs to continue the accommodative policy, and asset purchases since the inflation rates are quite sluggish. At the t...

Watch List: Freeport-McMoRan Inc (NYSE:FCX)

Watch List: Freeport-McMoRan Inc (NYSE:FCX)

Price changes in a company's bonds in credit markets sometimes anticipate parallel changes in its share price. Jefferies Group LLC's price objective suggests a potential upside of ...

Twitter reports $A81m Q1 loss

As for the profit result, Twitter cut its GAAP expenses by 10% on a year-over-year basis and saw its net loss decrease 23% from a year earlier. Twitter Inc reported a 6% incr...

Why to Keeping Eye on Aetna Inc. (AET), Honeywell International Inc. (HON)?

Why to Keeping Eye on Aetna Inc. (AET), Honeywell International Inc. (HON)?

Most recently on 2/23/11 the stock of Honeywell International Inc. Institutional investors own 76.17% of the company's stock. Guggenheim Capital LLC raised its stake in Honeywell I...

LVMH to consolidate hold on Dior in multibillion-euro deal

LVMH to consolidate hold on Dior in multibillion-euro deal

Christian Dior Couture is now considered an independent affiliate of LVMH despite having the same controlling shareholder. - Christian Dior's shares were up 12 percent at 25...