Finance

Author: 0 Dollar slips vs yen, pressured by N.Korea risks and Fed outlook

Markets were closed on Monday for Labor Day so investors in the U.S. will get their first chance to react to news of North Korea's hydrogen bomb test over the weekend. Markets retain their safe haven bias from trading yesterday. Ten-year Treasury yields were flat at 2.07 percent, having fallen as far as 2.065 percent on Tuesday.

Finance Markets Right Now: Banks, tech lead United States stocks lower
Author: 0 Markets Right Now: Banks, tech lead United States stocks lower

The Dow Jones industrial average gave up 234 points, or 1.1 percent, to 21,753. Stocks were coming off back-to-back weekly gains as investors returned from the Labor Day holiday weekend to heightened tensions between the USA and North Korea, which conducted its most powerful nuclear test to date on Sunday, triggering US warnings of a "massive military response".

Finance Raghuram Rajan breaks silence, says he wasn't on board for demonetisation
Author: 0 Raghuram Rajan breaks silence, says he wasn't on board for demonetisation

According to him, the long-term benefits of demonetization would be outweighed by the short-term economic costs. He clearly said, "I made these views known in no uncertain terms". He also alleged that RBI had even published a note calculating the costs and benefits. "The RBI flagged what would happen if preparation was inadequate", Rajan said.

Finance The New York Daily News Has Sold For Just $1
Author: 0 The New York Daily News Has Sold For Just $1

It marks a shift from the paper's previous owner, Mortimer B. Zuckerman, a real estate magnate and influential figure in the city who used the paper's combative front pages to pass comment on political figures. And like the rest of the newspaper industry, The News has been battered and bruised by the internet age, when the equivalent of pithy headlines - a staple of The News - come a mile a minute on Twitter.

Finance Flood insurance rates could spike as federal program drowns in debt
Author: 0 Flood insurance rates could spike as federal program drowns in debt

As an example, according to FEMA , the NFIP values personal property on an actual cash value (ACV) basis, which is the replacement cost value at the time of loss, less the value of physical depreciation. The map should not be used for emergency services or insurance purposes. Public programs have assumed big obligations to pay for storm damage. Typically, flood insurance policies cover up to $300,000 in damage.

Finance Massive Time Warner Cable customer data leak blamed on engineers
Author: 0 Massive Time Warner Cable customer data leak blamed on engineers

In 2016, Charter Communications became the owner of Time Warner Cable and changed its name into Spectrum. On top of that, the large size of the discovered files impaired researchers from learning the exact number of exposed persons. On the other hand, the two Amazon S3 buckets also contained duplicate information meaning that there were less than 4 million people exposed to cyber threats.

Finance Tech Billionaire Pledges $36 Million To Start Harvey Relief Charity
Author: 0 Tech Billionaire Pledges $36 Million To Start Harvey Relief Charity

The donation is part of the Rebuild Texas Fund that is being launched by Michael and his wife Susan Dell. The goal is to raise more than $100 million for immediate relief efforts, as well as longer-term recovery and rebuilding. "As a company committed to both social and financial impact, this pledge is a natural first step to help recover and rebuild", Pollock continued. The Harvey tragedy has struck especially close to home for Michael, as he was born and raised in Houston .

Finance Alphons Kannanthanam: Demolition man-turned MoS in Modi cabinet
Author: 0 Alphons Kannanthanam: Demolition man-turned MoS in Modi cabinet

The 64-year-old is a former IAS officer and was sworn in as the state minister for Tourism, Electronics and Information Technology. Kerala Chief Minister Pinarayi Vijayan on Sunday congratulated Alphons Kannanthanam , a bureaucrat turned politician from the state, for becoming a minister in the NDA government led by Prime Minister Narendra Modi .

Finance Nitish Downplays NDA's Snub in Cabinet Reshuffle
Author: 0 Nitish Downplays NDA's Snub in Cabinet Reshuffle

Advani as home minister in NDA government (1998-2004) picked Singh for joint secretary in his ministry. He is also a member of Central Silk Board. He is a member of the current Lok Sabha representing Arrah in Bihar. Sources said six ministers have resigned as part of restructuring for which the Prime Minister has chosen the power of four Ps - Passion, Proficiency, Professional and Political Acumen for Progress.

Finance Roku Files for IPO, Seeks to Raise $100M
Author: 0 Roku Files for IPO, Seeks to Raise $100M

The documents provided the first peek at Roku finances and other previously confidential information. However, the company says that its solution is to gain more users and grow its advertising revenue. Competition in the low-end of the market from Alphabet Inc.'s ( NASDAQ: GOOGL) Chromecast and Amazon .com Inc.'s (NASDAQ: AMZN) Fire TV have cut into the company's share of the device market.

Finance Green Bay Packers cut Winnipeg's Geoff Gray
Author: 0 Green Bay Packers cut Winnipeg's Geoff Gray

He played in three games, seven drives total. "It was a fun play, and I'm glad it worked out". Boykin also led Seattle on the ground, taking his 4 carries and racking up 42 yards. Allison's addition will then put the Packers at six receivers. Jameill Showers made the practice squad for the third straight season, and second as a safety after moving from quarterback.

Finance Ric Flair Let's Everyone Know He's Not Dead Yet
Author: 0 Ric Flair Let's Everyone Know He's Not Dead Yet

But for Ric Flair , the 16-time World Champion has faced even longer odds and beaten them, so the grim reaper was no match as Flair kicked out at two to keep Space Mountain in operation. Ric's close friend Jerry Lawler who returned to WWE TV when he took Booker T's place on commentary this week on Raw, stated on his podcast " Dining With The King " that he was told that Flair had just a 20% chance of survival.

Finance Cabinet reshuffle: PM Narendra Modi congratulates new cabinet ministers
Author: 0 Cabinet reshuffle: PM Narendra Modi congratulates new cabinet ministers

The four are considered the emerging leadership of ruling Bharatiya Janata Party and their induction as junior ministers with independent charge reflected the faith reposed in them by Modi. Neither is a member of Parliament, and must be elected to either of the two Houses within six months. Apart from these two, former Mumbai Police Commissioner Dr.

Finance Frustrated Rory McIlroy misses the cut as newcomer Rahm leads in Boston
Author: 0 Frustrated Rory McIlroy misses the cut as newcomer Rahm leads in Boston

Rahm didn't turn pro until after he finished as low amateur in the 2016 U.S. Open. He has six Top 20 finishes in his last eight starts and has become the 22nd ranked player in the world. Rahm, a 22-year-old Spaniard, birdied four of his last five holes in the warmer afternoon groupings although the steady winds remained a challenge.

Finance Record-breaking heat continues in Riverside County
Author: 0 Record-breaking heat continues in Riverside County

The weather service announced Friday that San Francisco broke the previous record of 103 degrees set in 2000 at 2:43 p.m. But before the rain, which is expected to cool temperatures down several degrees, San Diegans must brace for more record-breaking high temperatures.

Finance Cabinet Reshuffle: Piyush Goyal gets Railways, Nirmala Sitharaman named Defence Minister
Author: 0 Cabinet Reshuffle: Piyush Goyal gets Railways, Nirmala Sitharaman named Defence Minister

However, since launch of UDAY in November 2015, the participating states have provisionally reported reduction in annual losses by approximately Rs 11,000 crore from 2015-16 to 2016-17. Prabhu a chartered accountant by profession was brought in as railway minister with expectations to improve government run transporters' financial health but under him freight loading fell further and operating ratio jumped over 100 percent.

Finance Johnson voices support for May as she vows to press on
Author: 0 Johnson voices support for May as she vows to press on

Having lost her party's majority in the House of Commons in a bruising snap election last June, May was asked if she still wants to fight the next election, and replied "yes". Few Conservatives dare risk doing anything that might trigger an early parliamentary election and hand a chance of victory to Corbyn. She said there was a "real job to be done" in the United Kingdom, including getting the "Brexit deal right" while building a "deep and special partnership" with the European Union.

Finance Harvey causes gas prices in Canada to soar
Author: 0 Harvey causes gas prices in Canada to soar

Among more than 350 metropolitan cities, GasBuddy.com said Chattanooga ranked 21st for the least expensive gas . "When you start to tip that balance, you start to see gas prices go up". " Hurricane Harvey has significantly impacted the entire Texas gulf coast with the petroleum refining centers of Corpus Christi, Houston , Port Arthur, Beaumont, and Lake Charles, La., either completely shutdown or [having] significantly scaled back operations", according to a statement released by the ...