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Pfizer and Allergan on Monday announced a merger worth more than $150 billion, creating the world’s biggest drug maker and moving a top American corporate name overseas, at least for tax and legal purposes.

Yellen has said multiple factors – such as rising inflation and declining unemployment – indicate that the USA economy is strong enough to withstand a rate hike.

The restrictions have already caused major disruption to one of the country’s key transport routes and further inspections have identified eight other parts of the bridge where similar problems could occur.

The tree will remain lit from dusk until 11 p.m. each night during the holiday season. One soldier told us he’s looking forward to continuing an old family tradition.

The package announced earlier by ECB President Mario Draghi fell short of expectations and investors were in unforgiving mood. The Standard and Poor’s 500 index fell 29.89 points, or 1.4%, to 2,049.62 and the Nasdaq composite fell 85.70 points, or 1.7%, to 5,037.53.

“Such an abrupt tightening would risk disrupting financial markets and perhaps even inadvertently push the economy into recession”, she said. Doing so would, in turn, raise the risk of upsetting financial markets and pushing the economy into recession.

“As this would simply acknowledge the reclassification of Indonesian output from non-OPEC to OPEC production, it would not amount to an increase in overall global supply”, Jessop said in a report obtained by Trend.

Amazon is still the king of e-commerce, claiming a commanding 36 percent marketshare on the biggest online shopping day of the year, according to Slice Intelligence.

Hours after the European Central Bank announced a rate cut and further policy easing, Yellen acknowledged that the Fed’s opposite track has sent the dollar higher, hitting U.S. exports.

The bank said it is reducing the interest rate on deposits from commercial banks from minus 0.2 percent to minus 0.3 percent.

Clinton also defended Muslim Americans during her forceful remarks, telling the audience at an event focused on women in business that “the vast majority of Muslim Americans are just as concerned and heart broken about this as anyone else”.

China will launch a planned circuit breaker mechanism on January 1 to curb wild swings in the stock market.

VTech, a global supplier of electronic learning toys and products for children, confirmed a data breach Monday after an unauthorized party accessed information on Learning Lodge, the company’s app store database.

“We are doing well”, Fed chair Janet Yellen said at the Economic Club of Washington.

The FTSEurofirst .FTEU3 dropped 3.3 percent, the index’s biggest daily drop since August 24, as trading screens went red across the region. An hour later, Draghi also said its bond-buying program will be extended in an effort to jump-start growth and fight dangerously low...