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S&P 500 and Nasdaq hit record highs, driven by strong corporate earnings

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Influential Analyst Rating Changes: General Electric (NYSE:GE), Gerdau (NYSE:GGB)

The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. Also, CEO Jeffrey R. Immelt bought 67,600 shares of the firm'...

Raghuram Rajan Says Swamy's Attacks 'Abominable', Was Open to Extension at RBI

Mr. Rajan said that although he had structured all his initiatives at RBI with a three-year horizon, there was some unfinished work like PSU banks' balance shee...

Markets Right Now: Stocks opening lower on Wall Street

Investors also bid up shares in retailers after Macy's and Kohl's reported better-than-expected quarterly results. The Dow Jones Industrial Average rose 0.2...

Vanderbilt's Jelks, Stankavage out for season with injuries

He didn't disclose the nature of their injuries. Jelks is eligible to request an injury hardship waiver for a sixth year of eligibility in 2017. Vanderbilt re...

Sam Hornish Jr. wins NASCAR Xfinity pole at Mid

In the second and final session, with a fast lap of 96.374 miles per hour, he sealed the first starting spot in the Mid-Ohio Challenge (3:30 p.m. ET, USA Networ...

GMB Members Want To Back Owen Smith

The court ruled in the members' favour, although Labour's National Executive Committee (NEC) is appealing against the decision. Corbyn, who was not at the mee...

Clinton's tax move pressures Trump

The fact that he won't release his taxes has raised questions about the actual size of his fortune and some of his businesses connections. On Thursday, Tru...

Clinton campaign calls Trump ISIS attack 'false claim'

He is the founder of ISIS, okay? He's the founder of ISIS, OK? Meanwhile, the United States teenager who used suction cups to scale Trump Tower, the NY home...

Markets Right Now: Stocks trading higher on Wall Street

Weak sales also weighed on Ruby Tuesday's shares. Benchmark U.S. crude was up $1.40, or 3.4 percent, at $43.11 a barrel in NY. Crude-oil prices CLU6, +1.29...

Ranieri Signs new deal with Prem Champions

It's been a disastrous close season for the Tigers and I can't see it getting any better with champions Leicester visiting the KCOM Stadium in Saturday's earl...

Adidas bringing 160 jobs to suburban Atlanta

Adidas' strategic partner Oechsler will operate both the US and German facilities. The aim is to bring Adidas products to USA customers as quickly as possi...

How Much Does Donald Trump Pay in Taxes?

The bulk of their income more than $6 million came from speaking fees for appearances made largely before Hillary Clinton launched her campaign in April 201...

As Trump struggles, Clinton goes on offense to win over GOP

Trump discussed his own economic plans in a speech this week that focused on cutting corporate taxes and eliminating federal regulations. Despite Trump's dism...

Delta problems hit KCI for a third day

As of 10:30 a.m. Wednesday, 10 Delta flights at the airport, both inbound and outbound, were canceled and several others had changed gates. "We are still op...

Canadian home prices rise 2.0 pct in July-Teranet

The index measures price changes for repeat sales of single-family homes. Big gains in July were also seen in Victoria, up 3.8 per cent, Toronto, up 3.1 per c...

Arianna Huffington to leave Huffington Post for wellness media startup

Despite its success, it was sold in 2011 and sold again a year ago but this time, the buyer did not purchase the HuffPost directly. Huffington said on Twit...

LeEco to invest $3 billion in electric car facility

The intention of the Faraday Future organization is to begin auto sales in the U.S as of next year. The plant will be built in Deqing county near the eastern Ch...

US rig count up 17 this week to 481, Texas up 13

Drillers added 15 oil rigs in the week to August 12, bringing the total rig count up to 396, compared with 672 a year ago, energy services firm Baker Hughes Inc...

The markets did something this week that hasn't been seen since 1999

The IEA trimmed its 2017 global oil demand estimate to 1.2 million barrels per day (from 1.3 million barrels), but also stated that it expects the supply overha...

Industrial output growth slows to 2.1% in June

The highest increases in industrial production when compared to June a year ago were registered in Latvia (+7.9 per cent), Greece (+7.6 per cent) and Slovenia (...

Two PKK bomb attacks kill seven in Turkey

Eighth people including several police officers were killed while more than 30 others were injured in two separate terror attacks late yesterday. More than 40...

North Dakota Crude Oil Production Falls to More Than Two-Year Low

At the monthly oil and gas report, Oil regulator Lynn Helms says the drop has been a trend pretty much since January of 2015. North Dakota's all-time producti...

Macy's plans to close 100 stores — Business in brief

Amazon is reportedly poised to surpass Macy's as the largest online clothing seller next year, the AP said. Macy's shares jumped 17 percent Thursday, while ...

Funchal: Tourism Island of Madeira on Fire

Forest fires sweeping across Portugal have forced hundreds of people to flee their homes. A general view of the Ribeira de Joao Gomes during the wildfires at...

United Kingdom interest rate cut leads to sharp fall in sterling

That hit for sterling came after the BoE cut interest rates to a record-low 0.25 percent, pledged 60 billion pounds ($78.71 billion) in government bond purchase...

Eurostar Workers To Take Strike Action In August

The RMT union said staff will walk out from 00:01 BST on 12 August until 23.59 BST on 15 August. The Eurostar dispute centres on what the RMT called the com...

Gas smell investigated in probe of deadly apartment fire

Many of those initially reported missing in the wake of the blast have since been located at area hospitals or with loved ones, Hamill told reporters at a news ...

Vail's $1 bln Whistler deal befits a forex ski bum

Brighton in MI. The boards of Whistler and Vail Resorts , North America's largest resort operator, unanimously approved it. With the pending purchase, Broomf...

Florida Confirms Case of Brain-Eating Amoeba

Of the 138 individuals infected in the United States from 1962 to 2015, only three survived. Just this week, 11-year-old Hannah Collins died in SC after being...

US stock indexes edge mostly lower; oil rises

Retailers paced stock advances, with Macy's Inc . and Kohl's Corp . climbing at least 14 percent after reporting quarterly earnings. The Dow Jones Industria...

Clinton, Kaine release new tax returns

Tim Kaine of Virginia, also released his tax returns from the past 10 years Friday. The returns became a campaign issue after the documents showed he paid a...

IIP growth dips 2.1%; retail inflation shoots up to 6.07%

The inflation rates based on the Consumer Food PriceIndex (CFPI) were 8.25 percent in rural areas and 8.80 percent in urban areas, adding up to a combined rate ...

Macy's to shut more stores

Analysts asked question about the prospect for store closings. "It's also about investors who I understand have been pressuring the company to close some of the...

Oil prices edge down due to high production

After falling to a 12-year low of sub-US$30 a barrel at the start of the year, prices regained ground on supply disruptions such as the Canada's wildfires in it...

Levy details published: Government contributions extended

Certainly for large companies, there will be little point in paying the levy and then not taking the advantages of claiming back training costs for new apprenti...