Search Results for: US economy
The serfs have rebelled – Europe next?
November 19th, 2016
Hayek’s The Road to Serfdom described how personal freedoms are progressively eroded by the state in the name of the common good. His warning is more associated with totalitarianism and dictatorships, than modern democracies, but the statist attitudes he ...
Dollar Extends Weekly Surge on Yellen Commentary as Metals Drop
November 18th, 2016
Japan’s Topix climbing for a seventh day as yen languishes Fed Chair sees hike relatively soon, plans to serve full term The dollar extended its advance after Federal Reserve Chair Janet Yellen signaled an interest-rate hike could be imminent, ...
Yellen: Rate hike ‘appropriate relatively soon,’ cites dangers in waiting
November 17th, 2016
Fed Chair Janet Yellen on Thursday made her strongest comments to date in favor for a policy tightening in December, telling Congress an increase could be “appropriate relatively soon.” The head of the U.S. central bank also cited the ...
Robot lawyer Visabot is available in beta on Facebook Messenger
November 17th, 2016
Visa lawyer bot pledges to ‘help immigrants make America great again’ A bot that helps people complete visa applications to enter the United States has launched in the aftermath of the U.S. presidential election. Available in beta on Facebook Messenger, Visabot helps complete ...
Is Trump’s proposal to slash the U.S. corporate tax rate down to 15% a possibility?
November 16th, 2016
Donald Trump’s proposal to slash the U.S. corporate tax rate down to 15% from 35% is within the realm of possibility, the former chairman of the House Ways and Means Committee says — but realizing some of the president-elect’s ...
Asian Stocks Rebound Amid Dollar Retreat as Trump Shock Fades
November 16th, 2016
Zinc retreats from six-year high as yuan extends slide Major crude producers are holding talks to agree output cuts Asian stocks rose for the first time in four days and the dollar weakened versus most peers as investors questioned ...
Bitcoin Prices in India Soar Amid Demonetization Drive
November 15th, 2016
Prime Minister Narendra Modi’s decision to combat the underground economy is a blessing in disguise for companies working in the cashless space, which includes mobile wallets, card companies and even bitcoin. Bitcoin, the eight-year old virtual currency, has been gaining ...
SEC Chair Mary Jo White Announces Departure Plans
November 15th, 2016
SEC Chair Mary Jo White, after nearly four years as the agency’s head, today announced that she intends to leave at the end of the Obama Administration. Under Chair White’s leadership, the Commission strengthened protections for investors and the ...
Bonds Selloff Abates as Dollar Snaps Trump Rally; Oil Rebounds
November 15th, 2016
Emerging-market stocks, currencies have first gains in a week Japan bonds fall after auction; 10-year yield touches zero The fallout from Donald Trump’s election to the U.S. presidency showed signs of moderating in financial markets with benchmark Treasuries and emerging-market ...
Dubai named among world’s most reputable cities; Which city take the first place and which are taking the last spots
November 14th, 2016
Dubai has been named among the most reputable cites in the world, according to Boston-based The Reputation Institute, a reputation-management consulting firm. In its 2016 City RepTrak report, the emirate was placed Dubai 38th globally with Sydney, Australia, taking ...
