The People’s Bank of China insists there is no ground for sustained yuan depreciation, however a second consecutive daily devaluation would suggest otherwise.
U.S. senators Jeff Flake (R., Ariz.) and Patrick Leahy (D., Vt.) both support renewed relations with Cuba and have introduced a bill to lift the travel ban. With the American flag flying over the U.S. embassy in Havana U.S. carriers are eager to initiate service and tap into what...
Check. At first flush Robert Steven Kaplan, just hand-picked as the new president and President of a given Federal Reserve Bank of Dallas, might seem pretty well similar to the old president and Top dog he’s upgrading, Richard Fisher.
Minnesota Republicans will cast ballots on March 1, as part of the “Super Tuesday” bloc that could be decisive if the early voting states fail to elevate a likely nominee.
The Starbucks evening menu includes items like spinach artichoke dip, meatballs, chicken skewers, bacon-wrapped dates and cheese plates (see the full menu here).
The Consumer Price Index (CPI) measure of inflation was slightly higher than expected in July, edging up from zero in June due to the weaker impact of summer clothing sales compared to previous year. She added that interest rates would have to raised well before inflation hits...
The U.S. stock market is rising at midday, bouncing back from a discouraging report on manufacturing. The Dow Jones Industrial Average and the S&P 500 notched up 0.4 and 0.5 percent, respectively. The Australian dollar, often used as a liquid proxy of China-related trades,...
Facing an array of expansion costs, electric-car maker Tesla Motors said Thursday that it is going to raise $500 million through the sale of an additional shares of common stock.
Planning Minister Nelson Barbosa said he thought Brazil would not lose the investment grade rating, calling the country’s fiscal trajectory “sustainable”.
Tony Cross, market analyst with Trustnet Direct, said: “As we saw with Bovis yesterday, there’s a degree of scepticism emerging as to just when the party will come to an end for the sector and although it’s not looking imminent, there’s a growing feeling...