Finance

Attorney General Lynch: Dallas shootings ‘an unfathomable tragedy’

Attorney General Loretta Lynch on Friday called the attack in Dallas an “unfathomable tragedy.” “This has been a week of profound grief and heartbreaking loss,” Lynch said. Her comments come after at least one attacker shot 12 police officers, five fatally, during a Thursday night protest over deadly police shootings of black men elsewhere. The attorney general said she was ... Read More »

There’s a little-known EU rule that may stop the Brexit banking exodus

The U.K.’s decision to leave the EU last month has ignited fears of an exodus of banking talent from the City of London, but a little-known set of rules is being drafted that could well bypass post-Brexit barriers and allow access to the privileges the country had before. Implementation of the so-called Markets in Financial Instruments Directive II (MIFID II) ... Read More »

Wall Street is looking for a big rebound from what’s been a bad year

After six turbulent months, there’s good news for Wall Street banks, and there’s bad news. The good news first: it’s likely getting better. Of course, that comes as big banks try to rebound from the bad news: It’s been the worst start to a year, on a number of metrics, since the global financial crisis. Bankers say that despite the ... Read More »

New warning lights for rising home prices

Housing affordabilityWednesday, 22 Jun 2016 | 1:51 PM ET|01:46 Home prices are crossing the line again. After an epic housing crash, where values plummeted nationally by almost 35 percent, the nation is seeing new highs again. The median price of an existing home sold in May hit a record $239,700, according to the National Association of Realtors, which began tracking ... Read More »

Gold’s run is achieved — appearance out for a $three hundred drop: Wells Fargo strategist

Gold is probable to move lower back to its lows, even after starting the year off with a bang, consistent withWells Fargo’s head of actual asset strategy, John LaForge. His argument hinges on commodities tendencies that date again all of the way to 1800 and display what he calls “commodity undergo amazing cycles,” every of which lasts about twenty years. ... Read More »

The standoff over the transgender ‘lavatory invoice’ is costing tens of millions

The financial energy of the LGBT rights motion is set to be put to the check within the standoff over a so-called “toilet invoice” in North Carolina. LGBT advocates are renewing their requires boycotts after North Carolina legislators adjourned past dueFriday with out making great adjustments to the regulation, which calls for transgender human beings to apply public toilets and ... Read More »

Pershing Square Capital lays off eight personnel: Dow Jones

Pershing Square Capital Control is shedding 8 decrease–level employees, largely from lower back–officeroles in technology and investor offerings, resources told Dow Jones. Invoice Ackman, who runs the hedge fund, informed his staff this week that the cuts had not anything to do with the fund’s slumping overall performance, in line with the document. Alternatively, he attributed thechanges to improvements in ... Read More »

Amazon is making it even less complicated to buy stuff on Top with just your voice

Diagram showing Amazon “Alexa” generation on an Echo device Source: Amazon Diagram showing Amazon “Alexa” technology on an Echo device Amazon is shifting toward a global in which shopping on-line is as simple as uttering a word. Nowadays, the organization announced that individuals of its Top service can now order “tens of millions” of items with Alexa, Amazon’s voice-controlled assistant. ... Read More »

AG Lynch says she will be able to receive prosecutor name on Clinton e-mail case

Legal professional Popular Loretta Lynch stated Friday that she expects to simply accept whateverrecommendation profession prosecutors make inside the investigation of Hillary Clinton’s coping with of emails. Lynch made the clarification of the investigative system in the course of a previously planned publicdiscussion in Colorado. This revelation comes amid a problem surrounding a private discussion that Lynch had aboard her ... Read More »

Canada,oil,enterprise,hit,‘large,time’,by,means,of,court,docket,smackdown

A Canadian federal court has overturned approval for a chief pipeline project that one analyst says will effectthe country‘s oil industry “large time.” The Enbridge Northern Gateway pipeline was at the beginning permitted with the aid of the Conservativeauthorities returned in 2014, subject to a whopping 209 conditions. but consistent with court docket ofenchantment files released Thursday, the government did ... Read More »