WASHINGTON – Interest rates on short-term Treasury bills rose in Monday’s auction with rates on six-month bills climbing to their highest level in nine years. Continue Reading Below The Treasury Department auctioned $42 billion in three-month bills at a discount rate of 1.090 percent, up from 1.085 percent last week. […]
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GM workers in Canada end strike at Equinox factory
Workers at a General Motors (GM) factory in Canada approved a new labor contract Monday, ending a four-week strike that stalled production of the Chevrolet Equinox. Continue Reading Below GM’s CAMI assembly plant in Ingersoll, Ontario, is the main source of Equinox crossovers. The facility had been idle since Sept. […]
Source: Trump to meet with Yellen to discuss Fed job
WASHINGTON – Federal Reserve Chair Janet Yellen will meet with President Donald Trump on Thursday to discuss the possibility of a second term as head of the central bank, a source familiar with the administration’s Fed search said Monday. Continue Reading Below Trump has said Yellen is one of several […]
Key moments from Trump’s wide-ranging press conference with McConnell
In a wide-ranging, impromptu press conference from the White House Rose Garden Monday, President Donald Trump — joined by Senate Majority Leader Mitch McConnell — addressed a number of his administration’s current goals as well as ongoing controversies. For over 30 minutes, Trump touched on the rumors of his rocky […]
Netflix subscriber adds beat estimates as original shows lure viewers
FILE PHOTO: The Netflix logo is pictured on a television remote in this illustration photograph taken in Encinitas, California, U.S., on January 18, 2017. REUTERS/Mike Blake/File Photo October 16, 2017 (Reuters) – Video-streaming pioneer Netflix Inc <NFLX.O> added more subscribers than expected in the third quarter as original shows such […]
U.S. issues presidential permit to Enbridge cross-border crude pipeline
Crude oil storage tanks at Enbridge’s facility in Sherwood Park are seen against the skyline of Edmonton, Alberta, Canada November 13, 2016. REUTERS/Chris Helgren October 16, 2017 By Nia Williams CALGARY, Alberta (Reuters) – After years of regulatory delays, the United States on Monday issued a presidential permit to a […]
Exelixis and Ruby Tuesday rise while Nordstrom and Tesla dip
NEW YORK – Stocks that moved substantially or traded heavily Monday: Continue Reading Below Aramark, up 20 cents to $42.53 The food, facilities and uniform company agreed to make two acquisitions for $2.35 billion. Tesla Inc., down $4.97 to $350.60 The electric car maker fired several hundred workers. Exelixis Inc., […]
Anti-corruption blogger killed by huge bomb in Malta
A forensics expert walks in a field after a powerful bomb blew up a car (Rear) killing investigative journalist Daphne Caruana Galizia in Bidnija, Malta, October 16, 2017. REUTERS/Darrin Zammit Lupi October 16, 2017 By Chris Scicluna VALLETTA (Reuters) – Daphne Caruana Galizia, Malta’s best-known investigative journalist, was killed on […]
Fund manager Novogratz agrees to advise ethereum-based digital coin exchange
A famed Wall Street investor behind what may become the largest digital assets investment fund is moving deeper into the world of digital coins. Former Fortress hedge fund manager Michael Novogratz agreed on October 4 to join the board of advisors at a new token exchange project. The news has […]
Wall St. inches up with financials; earnings in focus
All three major U.S. stock index rose to record closing highs on Monday, with the Dow Jones Industrial Average less than 50 points below 23,000, ahead of a long list of earnings this week and as financial shares recovered from last week’s losses. Continue Reading Below JPMorgan Chase <JPM.N> and […]