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Pressure builds against short sellers targeting Tesla

March 3, 2016 by · Leave a Comment 

Potential losses are building against traders who have bet against Tesla Motors Inc . The electric car manufacturer's stock has surged about 25 percent since it posted upbeat quarterly results in early February. At the same time, activity by short sellers – who bet that a company's shares will fall – has hit an all-time high, and the interest rate paid by short sellers has skyrocketed.

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Pressure builds against short sellers targeting Tesla

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U.S. consumer spending, inflation data keep rate hikes on table

February 27, 2016 by · Leave a Comment 

By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending rose solidly in January and underlying inflation picked up by the most in four years, keeping Federal Reserve interest rate increases on the table this year. The growth outlook was further bolstered by steady consumer sentiment in February despite a recent stock market sell-off. The

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U.S. consumer spending, inflation data keep rate hikes on table

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Fed raises interest rates, citing ongoing U.S. recovery

December 17, 2015 by · Leave a Comment 

By Howard Schneider and Jason Lange WASHINGTON (Reuters) – The Federal Reserve hiked interest rates for the first time in nearly a decade on Wednesday, signaling faith that the U.S. economy had largely overcome the wounds of the 2007-2009 financial crisis. The U.S. central bank's policy-setting committee raised the range of its benchmark interest rate by a quarter of …

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Fed raises interest rates, citing ongoing U.S. recovery

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Fed begins two-day meeting to decide on interest rate hike

December 15, 2015 by · Leave a Comment 

WASHINGTON (Reuters) – Top officials at the Federal Reserve on Tuesday began a two-day policy meeting that is expected to end with the first U.S. interest rate increase since 2006. The meeting began at 1 p.m. EST, a

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Fed begins two-day meeting to decide on interest rate hike

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U.S. employment report a green light for Fed interest rate rise

December 5, 2015 by · Leave a Comment 

By Lucia Mutikani WASHINGTON (Reuters) – U.S. employment increased at a healthy pace in November, in another sign of the economy's resilience, and will most likely be followed by the first Federal Reserve interest rate rise in a decade later this month. Nonfarm payrolls rose

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U.S. employment report a green light for Fed interest rate rise

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EU questions McDonald’s tax deals with Luxembourg

December 3, 2015 by · Leave a Comment 

EU antitrust regulators will investigate McDonald's tax deals with Luxembourg which enabled the U.S. fastfood chain to escape paying taxes on European franchise royalties from 2009, in a move which could lead to hefty back taxes for the company. The action by the European Commission comes two months after it ordered Luxembourg to recover up to 30 million euros ($31.7 million) from Fiat Chrysler Automobiles and the Dutch to do the same for Starbucks because their tax deals…

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EU questions McDonald’s tax deals with Luxembourg

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ADB chief doesn’t expect Fed hikes to trigger Asian financial crisis

December 3, 2015 by · Leave a Comment 

By Tetsushi Kajimoto and Takashi Umekawa TOKYO (Reuters) – Asian Development Bank President Takehiko Nakao said on Thursday he did not expect U.S. interest rate rises to trigger a financial crisis in Asia, but the bank remains ready to lend support to vulnerable countries. The U.S. Federal Reserve is widely expected to raise interest rates for the first…

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ADB chief doesn’t expect Fed hikes to trigger Asian financial crisis

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