FILE PHOTO: Russian Olympic Committee (ROC) chief Alexander Zhukov (R) and Vitaly Smirnov, head of the new commission created to combat doping, attend a news conference following a meeting of the executive board of Russian Olympic Committee in Moscow, Russia July 25, 2016. REUTERS/Sergei Karpukhin October 12, 2017 MOSCOW (Reuters) […]
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China’s PINTEC launches Singapore robo advisor backed by insurer FWD
FILE PHOTO: A woman sits in the reception area of PINTEC Group in Beijing, China, August 11, 2016. REUTERS/Thomas Peter/File Photo October 12, 2017 By Elzio Barreto HONG KONG (Reuters) – Financial technology company PINTEC Group said on Thursday it launched a venture in Singapore, its first outside China, betting […]
Bullard: Fed ‘should defend’ inflation target, risks losing credibility otherwise
October 12, 2017 WASHINGTON (Reuters) – The Fed needs to mount a clear defense of its 2 percent inflation target or risk losing credibility, and possibly triggering a recession, if it continues raising rates until the pace of price increases strengthens, St. Louis Fed President James Bullard said on Thursday. […]
NYC police taking fresh look at Weinstein sex assault claims
NEW YORK – Police detectives are taking a fresh look into sexual assault allegations against Hollywood film producer Harvey Weinstein. Continue Reading Below New York Police Department spokesman Peter Donald said Thursday that investigators are trying to determine whether there were any additional complaints involving Weinstein. That includes reviewing police […]
American hostage mom and family freed 5 years after being kidnapped by Taliban
An American woman, her Canadian husband and their three young children — all of whom were born in captivity — were rescued on Wednesday, five years to the day since the couple was kidnapped by the Taliban in Afghanistan, ABC News has learned. Caitlan Coleman, 31, and her husband Joshua […]
Trump threatens to pull aid from Puerto Rico
President Donald Trump said Thursday the federal government cannot keep the Federal Emergency Management Agency (FEMA) in Puerto Rico “forever”, even as the U.S. territory continues to reel from the devastation wrought by Hurricane Maria in September. “We cannot keep FEMA, the Military, the First Responders, who have been amazing […]
Pickup truck buyers want more luxury
Heated and cooled seats. Backup cameras. Panoramic glass roofs. Continue Reading Below Not exactly what springs to mind when you think of a pickup. But that’s what American truck buyers increasingly want, spending an average of $46,844 on a pickup, according to Kelley Blue Book. That’s more than the starting […]
Long-term mortgage rates moved higher for 2nd week
Long-term mortgage rates rose this week, lifting the 30-year, fixed-rate home loan to 3.85 percent. Continue Reading Below Current avg Last week 52-week high 52-week low 30-year fixed 3.91 3.85 4.32 3.42 15-year fixed 3.21 3.15 3.55 2.72 5-year adjustable 3.16 3.18 3.33 2.80
Alleged Army deserter to enter plea
The U.S. Army has scheduled a court martial hearing for Monday where Sgt. Bowe Bergdahl is expected to enter a plea in his desertion case. Bergdahl “has requested via defense counsel to enter a plea with the court on Monday,” U.S. Army Forces Command said in a scheduling statement today. […]
Loan growth helps JPMorgan beat expectations despite trading decline
FILE PHOTO: People pass the JP Morgan Chase & Co. Corporate headquarters in the Manhattan borough of New York City, May 20, 2015. REUTERS/Mike Segar/File Photo October 12, 2017 (Reuters) – JPMorgan Chase & Co’s <JPM.N> quarterly profit and revenue easily trumped Wall Street’s expectations on Thursday, but a slump […]