Business

China stands pat on rates this time after Fed lifts benchmark

China stands pat on rates this time after Fed lifts benchmark

The Fed's monetary policy committee said that it would begin gradually reducing its holdings of USD4.5 trillion in government bonds and mortgage-backed securities this year. Some economists suggested that even though the Fed foresees one more rate hike this year, the persistently low inflation may lead it to leave rates alone until 2018.


How major U.S. stock market indexes fared on Wednesday

How major U.S. stock market indexes fared on Wednesday

Consumer-staples and utilities shares were leading gains, up a little less than 1%, while financials declined 0.9% and the energy (http://www.marketwatch.com/story/energy-sector-faces-worst-daily-drop-in-3-months-as-oil-prices-drop-2017-06-14) sector dropped 2%.



Uber board approves Holder report recommendations; CEO may take a leave

He delivered the news in an email to the ride-sharing companies employees Monday morning, the New York Times reports . The vote comes almost four months after a former engineer, Susan Fowler, published a blog post alleging that a superior propositioned her on her first day.



Noble Corporation Ordinary Shares (UK) (NYSE:NE), Schlumberger Limited. (NYSE:SLB)

Bradley Foster & Sargent Inc acquired 8,130 shares as Schlumberger ( SLB)'s stock declined 11.04%. About 3.41 million shares traded. Copart, Inc. (CPRT) has risen 37.41% since June 14, 2016 and is uptrending. Tore I. Sandvold, Director disclosed the sale of 5,000 shares of (SLB). Capital World Investors owns $7.39 billion in Schlumberger Limited, which represents roughly 7.63% of the company's market cap and approximately 9.51% of the institutional ownership.