Archives

Atlanta Fed gauge shows U.S. GDP nearly flat in first quarter

A forecast model from the Federal Reserve of Atlanta on Wednesday suggested the U.S. economy is barely growing in the first quarter following an unexpectedly steep 1.4 percent drop in durable goods orders in February.


Oil up 3 percent on weak dollar, speculative buying, Yemen

Oil settled up about 3 percent on Wednesday as a weak dollar, fighting in Yemen and speculative buying boosted crude prices in spite of U.S. inventories building to record highs for an 11th week.

Wells Fargo to cut 1,000 jobs, shut Milwaukee home-lending office

Wells Fargo & Co, the fourth-largest U.S. bank by assets, said it will cut 1,000 jobs and close its home-lending servicing office in Milwaukee, Wisconsin.

Weak U.S. business spending data points to tepid first quarter growth

U.S. business investment spending plans fell for a sixth straight month in February, likely weighed down by a strong dollar and weak global demand, leading economists to further lower their first-quarter growth estimates.


Latest News

According to a source, Bruce Jenner called his step son Rob Kardashian to say to him that he's angry about his Instagram post recently wherein he posted a photo a girl from 'Gone Girl' which he compared to her sister Kim Kardashian.
A wine battle may be uncorked as imports of rosés from France, Italy, Spain, Germany, South Africa vie for shelf space and a share of the U.S. market, which is good news for consumers.
Australia has invited Germany, France and Japan to pitch for a contract to build its new submarine fleet, kicking off a contentious A$50 billion ($38.8 billion) project which has become a political football at home.
The United States ranks near the bottom among major economies in terms of policies to allow hiring highly skilled immigrant workers, according to a study by a business lobbying group that supports relaxing immigration controls.
Sherlock Season 4 is set to start filming this year. What adventures will the detective of Baker Street have in Sherlock Season 4?
Iggy Azalea revealed she had undergone a breast transplant. It wasn't her plan, but she decided to say it because she wanted her fans to feel happy.
The much awaited Tekken 7 western release has finally made it to the US soil during the Final Round 18 in Atlanta, Georgia last weekend and Bandai Namco Games director Katsuhiro Harada spoke on a live interview regarding the recent character data leaks as well as other various topics
Samsung will be releasing its most awaited Galaxy Note 5 on the 3rd quarter of the month. The Note 5 is expected to be an improved version of the specs of its predecessor, the Galaxy Note 4.
After a single trailer, a poster of the upcoming Fantastic Four Reboot is revealed on the official Twitter account of the movie. It seems like our heroes are of to face a sinister enemy outside of Earth. Is the Fantastic Four ready to team up with the X-Men?
Rihanna's 8th album, succinctly dubbed R8, has been cloaked in a veil of mystery for several months. The new album cycle was kicked off by the "Diamonds" singer's performance - with the Beatles' Paul McCartney and Kanye West - at the Grammy Awards. R8 will feature songs that are soulful and timeless.