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Money

Would Alanis Morissette consider it "ironic" that a company that sells credit monitoring products put so many consumers at risk with a data breach ? He has been CEO at Equifax for a dozen years, receiving millions of dollars in bonuses and stock and option awards.
  • Dollar Weakening As Investors Await Fed Announcement

    Dollar Weakening As Investors Await Fed Announcement

    Money

    On Wall Street, the futures for the Dow Jones industrial average and for the Standard & Poor's 500 were up 0.2 percent. Scott Anderson, the chief economist at Bank of the West, says the coming gathering of the rate-setting Federal Open Market Committee is "the biggest meeting of the year" for the central bank.
  • Merkel Tells German Carmakers to Regain Trust

    Merkel Tells German Carmakers to Regain Trust

    Money

    Germany's Free Democ- rats will want the Finance Ministry in exchange for joining Chancellor Angela Merkel in the country's next coalition government, according to a member of the party's executive. And perhaps Merkel's TV manner was intended as an advert for this: showing she can work with the SPD, even if the parties don't agree. 68 percent would pick a coalition with Merkel over four more years of opposition.
  • China's top Bitcoin exchange to cease trading

    China's top Bitcoin exchange to cease trading

    Money

    In post-truth era, it seems speculations and so-called fake news and conspiracy theories not only make things happen, but turn things the other way too. The price of bitcoin tumbled particularly sharply on BTCChina after the news . The PBoC and Chinese financial regulators finally stopped dragging Chinese exchanges through one policy change to the next regarding renminbi, although there may be more to come.
  • Why the Bank of England Has an Itchy Trigger Finger

    Why the Bank of England Has an Itchy Trigger Finger

    Money

    The pound climbed more than 1% against the dollar to $1.3363 after the Bank's announcement. The market has certainly taken todays news as bullish, after the inital knee jerk reaction to rates being held at the same level, we have seen GBP/USD print lows of 1.3149 before highs of 1.3371.
  • Restoring power to Florida will take 'weeks, not days' in some areas

    Restoring power to Florida will take 'weeks, not days' in some areas

    Money

    FPL said it was still assessing the damage and could not yet say when it would restore service to most customers. "A lot of times, we come on these storms and people get really hostile as far as not really understanding why we can't just flip a light switch and make everything come back on", Parker said.
  • Hillary: Russian Meddling Was 'Aided and Abetted' By Trump Campaign or Associates

    Hillary: Russian Meddling Was 'Aided and Abetted' By Trump Campaign or Associates

    Money

    And then Clinton suggests a reason for her disaffected voters, upset by Trump's win, to have hope: "In 2016, the US government announced that Harriet Tubman will become the face of the $20 bill". "But I am not done with politics because I literally believe that our country's future is at stake", she said in an interview with Jane Pauley . So that is what it was? She learned about it aboard her campaign plane.
  • Three Black Women Advance to US Open Semifinals

    Three Black Women Advance to US Open Semifinals

    Money

    Venus Williams pondered 20 years of success and setbacks since reaching her first US Open final on Tuesday (Sept 5) after moving one victory shy of another NY hardcourts championship match. "She's played deep in the majors". "Everything she's gone through, to go through that is unbelievable", Williams said of Kvitova. The elder of the Williams sisters will start as the favourite to progress to her first final in NY since then.
  • Harvey devastation continues to hit oil

    Harvey devastation continues to hit oil

    Money

    In the week since our last edition of What's Affecting Oil Prices , Brent crude rose 34 cents a barrel (bbl) week-close to week-close. USA crude futures settled up $1.37 at $48.66 per barrel after trading earlier in the day as high as $48.98, a three-week high.
  • Georgia Gas Prices Rise As Key Pipeline Shuts Down

    Money

    Fuel deliveries will be intermittent and depend on its ability to receive supplies from refineries and terminals. Major fuel pipelines feeding the U.S. Thirteen refineries in Texas are now shut down or in the process. That amounts to nearly 24 percent of all US capacity. Thornbrugh said from QT's perspective, North Texas isn't in danger of running out of gas; the company has designated certain locations to receive gas deliveries.