prices-edged
Brainard joins Fed chorus warning about fiscal stimulus risks
January 18, 2017 by elegant · Leave a Comment
A leading Federal Reserve proponent of low interest rates said on Tuesday the U.S. central bank might hike rates more aggressively if deficit spending under the Trump administration produced a quick economic boost. “If fiscal policy changes lead to a more rapid elimination of slack, policy adjustment would, all else being equal, likely be more rapid,” Fed Governor Lael Brainard said at an event…
See original here:
Brainard joins Fed chorus warning about fiscal stimulus risks
prices-edged
Wal-Mart, General Motors reaffirm jobs long planned, Trump says thanks
January 18, 2017 by creative · Leave a Comment
Wal-Mart will add 10,000 jobs this year while GM announced $1 billion in investment that would create 1,500 U.S. jobs. Trump, who takes office on Friday, has repeatedly singled out and criticized U.S. companies across industries for not doing more to keep jobs in the United States and has put pressure on them to hire more U.S. workers.
More:
Wal-Mart, General Motors reaffirm jobs long planned, Trump says thanks
prices-edged
BAT agrees to buy Reynolds for $49 billion
January 18, 2017 by publisher · Leave a Comment
By Paul Sandle LONDON (Reuters) – British American Tobacco has agreed a $49.4 billion takeover of U.S. rival Reynolds American Inc , creating the world's biggest listed tobacco company after it increased an earlier offer by more than $2 billion. BAT, which already owned 42 percent of Reynolds, will pay $29.44 in cash and 0.5260 BAT shares for each Reynolds share, it said, a 26 percent premium over the price of the stock on Oct. 20, the day before BAT's first offer was made public. Reynolds, the maker of Camel and …
Go here to see the original:
BAT agrees to buy Reynolds for $49 billion
prices-edged
Oil ticks up on weaker dollar, U.S. production outlook caps gains
January 18, 2017 by publisher · Leave a Comment
Oil prices edged higher on Wednesday with a weaker dollar underpinning the market, although gains were limited by expectations that U.S. producers would boost output. U.S. West Texas Intermediate (WTI) crude oil futures were trading up 16 cents at $52.64 per barrel at 0214 GMT. Brent crude futures, the international benchmark for oil prices, were up 21 cents $55.68 a barrel.
Here is the original post:
Oil ticks up on weaker dollar, U.S. production outlook caps gains