Consumer prices post largest gain in nearly four years WASHINGTON, Feb 15 (Reuters) – U.S. consumer prices recorded their biggest increase in nearly four years in January as
Judge to block mega-merger of Anthem and Cigna: NY Post (Reuters) – A federal judge is expected to block a proposed deal between health insurer Anthem Inc and Cigna Corp as soon as Thursday, the New York Post reported, citing sources. Anthem, which operates Blue Cross Blue Shield health insurance plans in 14 U.S. states, [...]
Automakers could post record 2016 U.S. sales on Wednesday: poll DETROIT (Reuters) – Major automakers in the U.S. market are expected to show robust December auto sales on Wednesday, perhaps high enough for 2016 results to break the record high set the previous year, according to a poll by Thomson Reuters.
BlackRock’s U.S.-based active funds post record 2016 withdrawals: Morningstar Investors pulled $ 19.3 billion from BlackRock Inc's U.S.-based actively managed mutual funds in 2016, Morningstar Inc estimates showed on Tuesday, a record high as the investment industry struggles to restrain an exodus to lower-cost investments. An industry bellwether, New York-based BlackRock also owns one of [...]
Oil, metals post stellar 2016 gains on output cuts, demand hopes Crude oil, rubber and metals are set to end 2016 with strong gains, bouncing back from several years of losses on output cuts and expectations of firmer demand. Benchmark zinc , steel rebar and rubber have all rallied around 60 percent this year, while [...]
U.S. import prices post largest drop in nine months U.S. import prices recorded their biggest drop in nine months in November on declining petroleum costs, with renewed dollar strength threatening to keep imported inflation subdued. The Labor Department said on Tuesday import prices fell 0.3 percent last month after a downwardly revised 0.4 percent gain [...]
Trump offers Goldman executive Cohn key economic post: NBC WASHINGTON/NEW YORK (Reuters) – U.S. President-elect Donald Trump has asked senior Goldman Sachs banker Gary Cohn to coordinate economic policy across his administration, turning to Wall Street for expertise in managing the world's largest economy, NBC News reported on Friday. Trump's pick of Cohn, 56, the [...]
Twitter tracks Hillary Clinton sightings post election Prestige selfie shooters may want to consider heading to the woods outside of Chappaqua, New York, to grab that perfect shot of "HRC" in the wild.
Time Inc rejects bid from billionaire Bronfman Jr.: NY Post Bronfman offered $ 18 per share, the Post reported, representing a premium of 30.4 percent to Time Inc's Friday close and valuing the publisher at $ 1.78 billion. New York-based Time Inc's shares jumped 11.6 percent to $ 15.40 in premarket trading on Monday. Bronfman, [...]
Trump’s Scottish golf courses post more losses Donald Trump’s two Scottish golf courses continued to suffer losses last year, accounts filed in Britain show, highlighting the challenge the U.S. presidential candidate has in making a return on his substantial investments there. Trump International Golf Club Scotland Limited, which owns and manages a course the tycoon [...]