Stocks close at record highs after Fed signals it will raise rates in December
U.S. stocks closed higher on Wednesday after the Federal Reserve released a summary from its previous meeting that…
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Economy
Missile test fears as N. Korea marks key party EU backs Spain in Catalonia independence…
Spain's economy minister Luis de Guindos said Tuesday that Madrid has the full support of the European Union in…
Dollar inches up on upbeat U.S. data but sagging yields cap gains
Dollar prices inched up against a basket of its peers on Thursday after data shed more positive light on the U.S.…
Egypt to raise tobacco tax revenues by $397.50mn in FY2017/18
Egypt is planning to raise its revenues from taxes imposed on tobacco to seven billion Egyptian pounds ($397.50…
Stocks close at record highs to begin the fourth quarter; Dow jumps 152 points
U.S. equities closed at record highs on Monday as Wall Street kicked off the fourth quarter on a high note. The Dow…
Asia trades mixed ahead of Reserve Bank of Australia policy decision
Asian markets were mixed in morning trade on Tuesday, despite U.S. equities closing at record highs overnight.…
Saudi Arabia establishing $2.7 billion entertainment investment firm
Saudi Arabia’s sovereign wealth fund is creating an entertainment investment company as the deeply conservative…
Shunning dollar prices, Venezuela lists oil in Chinese yuan
Venezuela on Friday began listing the price of its oil in the Chinese yuan, following President Nicolas Maduro's…
US reports increasing income, falling poverty in 2016
Household income in the world's largest economy rose for the second straight year in 2016 while poverty also…
What to expect ahead of the Bank of England’s Sept. policy meeting
The Bank of England is expected to hold interest rates steady and make no changes to its asset purchasing program…
