Fed to Keep Options Open for June Rate Hike: Decision-Day Guide
Federal Reserve Chair Janet Yellen and her colleagues will have a chance this week to signal whether they want to raise rates as soon as June. The message is likely to be it’s still an option, but far from a certainty.Here’s what to expect when the Federal Open Market Committee releases its post-meeting statement at 2 p.m. Wednesday following a two-day meeting in Washington (no Yellen press conference is scheduled, nor are revised economic projections being released):Staying On Hold, But Flexib..>> view originalFire guts India's National Museum of Natural History
Associated Press 3:28 a.m. EDT April 26, 2016Firefighters try to extinguish a fire that broke out in the National Museum of Natural History in the Federation of Indian Chambers of Commerce and Industry (FICCI) complex in New Delhi, India, 26 April 2016.(Photo: RAJAT GUPTA, EPA)NEW DELHI - A massive fire Tuesday gutted the National Museum of Natural History in India’s capital, one of the country’s top museums, an official said.Firefighters took more than four hours to douse the blaze..>> view originalHealth chief: Legionnaires' didn't rise much to his level
Nick Lyon, director of the Department of Health and Human Services, testifies on the Flint Water Crisis before a joint committee Monday, April 25, 2016, in a Senate committee room in Lansing, Mich. (Dale G. Young/The Detroit News via AP) (Associated Press) By David Eggert | AP April 25 at 6:23 PM LANSING, Mich. — The head of Michigan’s health agency said Monday there was an eight-month gap between when he was made aware of an investigation into a Legionnaires’ disease outbreak in the Fli..>> view originalAsian stocks retreat ahead of Fed, BOJ meetings
TOKYO/SINGAPORE Asian stocks retreated on Tuesday as investors braced for central bank policy meetings in the United States and Japan this week.European markets were poised to fare better, with financial spreadbetters expecting Britain's FTSE 100 .FTSE to start the day up 0.2 percent, Germany's DAX .GDAXI to gain 0.2 percent, and France's CAC 40 .FCHI to open flat.MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS fell 0.5 percent, while Japan's Nikkei .N225 closed down 0..>> view originalRain slows corn planing progress - Tri
Rainfall over the last week continued to improve soil moisture ratings, but wet days slowed planing progress for most of eastern South Dakota.Corn planting was 6 percent complete by April 24, behind 13 percent at this time last year, but near average, according to the USDA’s National Agricultural Statistics Service.There were 3.2 days suitable for fieldwork.Field Crops Report: Winter wheat condition rated 71 percent good or excellent, 28 fair and 1 poor. About 23 percent had jointed, ahead of..>> view originalGoldman Sachs launches GS Bank, an Internet bank with a $1 minimum deposit
Goldman Sachs has traditionally functioned like a run-of-the-mill investment bank. Minimums to open an account were in the range of $10 million, and returns were not guaranteed. While that will still remain true for the firm’s wealth management arm, Goldman is opening its doors to the masses with the launch of GS Bank, an FDIC-insured, Internet-based savings bank. And just what do we mean by the masses? Well, anyone with an Internet connection and a dollar — because that is what each account’s..>> view originalRegulators Approve Charter Communications Deal for Time Warner Cable
Photo The combination of Charter Communications, Time Warner Cable and Bright House Networks would be the country’s second-largest broadband provider, with 19.4 million broadband subscribers. Credit Justin Lane/European Pressphoto Agency WASHINGTON — Federal regulators on Monday moved to approve Charter Communications’ $65.5 billion acquisitions of Time Warner Cable and Bright House Networks, enabling the creation of a new cable giant as the industry focuses more on bro..>> view originalOil prices dip on looming production race between Saudi Arabia, Iran
SINGAPORE Crude oil futures dipped on Tuesday as analysts warned of an intensifying producer race between Saudi Arabia and Iran, wiping out earlier price gains that came from a weaker dollar and a flood of new cash into the market.Front-month Brent crude futures LCOc1 were trading at $44.37 per barrel at 0639 GMT, down 11 cents from their last settlement. U.S. crude futures CLc1 were down 12 cents at $42.52 per barrel.The dips erased earlier gains on Tuesday from a weaker dollar .DXY and by a ..>> view originalGannett offers to buy Tribune Publishing for $815 million
Gannett announced Monday an offer to buy Tribune Publishing, publisher of The Baltimore Sun, Chicago Tribune and the Los Angeles Times, for $815 million, including the assumption of $390 million in debt.The unsolicited, all-cash offer, which translates to $12.25 a share, represents a 63 percent premium over Friday's $7.52 a share closing price, as well as a premium over the $8.50 share price at which Tribune recently issued common shares, Gannett said. Robert Dickey, president and CEO of Gannet..>> view originalNokia buys France's Withings for €170M to ramp up in health tech and IoT
Nokia’s history as the world’s biggest mobile phone maker is becoming a distant memory, but it’s not out of the gadget business just yet. To build out its health technology business, the company today announced that it has acquired Withings, makers of smart scales, activity trackers, and other health gadgets. Withings is based out of France, and with Nokia in Finland, the transaction was in euros: €170 million to be exact, or around $192 million in U.S. dollars. The deal is expected to close i..>> view original
Tuesday, April 26, 2016
Fed to Keep Options Open for June Rate Hike: Decision-Day Guide and other top stories.
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