Business

First family donates one million dollar to Hurricane Harvey relief

First family donates one million dollar to Hurricane Harvey relief

The biggest commitments will go to the Red Cross and the Salvation Army , which are each set to get $300,000 as per an announcement. The White House named the recipients Wednesday as part of an effort to encourage Americans to chip in with contributions, just hours after the House approved almost $8 billion for hurricane relief and reconstruction.


Currency traders on edge as European Central Bank meeting looms

Currency traders on edge as European Central Bank meeting looms

After its gains to around 1.0920 last week, GBP/EUR has seen more volatile trade. The pair has made session high at 1.1948 and hit lows at 1.1907 levels. While investors are expecting some form of QE tapering from the ECB, it is unlikely that the central bank will announce its tapering plans this week.


Trump Reportedly Won't Pick Gary Cohn As Fed Chair

Trump Reportedly Won't Pick Gary Cohn As Fed Chair

CNN's Jake Tapper quoted an unnamed source who said that Cohn is "more likely to get electric chair than Fed Chair". Cohn, a former Goldman Sachs banker, has been considered the top contender to lead the Fed when Chair Janet Yellen's term expires in February 2018.


Trump Said Irma

Trump Said Irma "Will Not Be Good" So This Is Serious, Everybody

The GOES project website features the most up-to-date satellite images of Irma . "Irma is a potentially catastrophic Category 5 hurricane and will bring life-threatening wind, storm surge, and rainfall hazards to portions of the northern Leeward Islands, including the Virgin Islands and Puerto Rico today", the center warned Wednesday morning.


LONDON MARKET EARLY CALL: Stocks Seen Lower As Korea Tensions Persist

LONDON MARKET EARLY CALL: Stocks Seen Lower As Korea Tensions Persist

South Korean warships conducted live-fire exercises at sea following US warnings of a "massive military response" after North Korea's biggest nuclear test to date. In Europe , markets also ended also lower, with stocks cutting morning gains and investors shifting into bonds [GVD/EUR] and the yen. This September could be particularly nail-biting as Wall Street may face a rough ride if there is a showdown in Washington over the USA budget and the federal debt ceiling.


Florida activates price gouging hotline, when to file a complaint

Florida activates price gouging hotline, when to file a complaint

Bondi, who met with reporters Wednesday evening at her Tallahassee price-gouging call center, said staffers have logged roughly 1,500 complaints since she activated the state's hotline at (866) 9-NO-SCAM on Monday. "I can't fix it unless you tell me it's broken", Bondi said. Here are some tips as you're scanning the aisles. Attorney General Pam Bondi has activated Florida's price gouging hotline to protect people from businesses who are trying to take advantage.