Business

Dollar slips after cautious Fed minutes

Dollar slips after cautious Fed minutes

While recent economic data has been mixed with signs of a dip in consumer sentiment and spending, the job market continues to strengthen, which could the Fed impetus to continue with its path of monetary tightening. The process will allow the central bank to gradually shrink its balance sheet and eases concerns of investors, who were unsure whether the central bank would adopt an aggressive approach to reducing its $4.5 trillion balance sheet.


Engine fire prompts Newark Airport shutdown

Engine fire prompts Newark Airport shutdown

ET. An elderly man "became increasingly disruptive when asked to deplane the aircraft", according to a statement provided by United spokesperson Jonathan Guerin . on Monday, an additional 8 hours tacked onto their travel time. "About an hour later, though, the airport was reopened, " #EWR has reopened after earlier incident of plane with apparent engine fire", the airport tweeted at 10:42 p.m.



Under U.S. Republican bill, 23 million would lose health coverage: watchdog

People who are pregnant, have a mental illness, or have pre-existing health conditions could face skyrocketing premiums under the Republican health care plan, according to a new Congressional Budget Office report. GOP conservatives and moderates are divided ideologically in the Senate just as they were in the House, where the repeal-and-replace bill squeaked by.



Hilton Worldwide Holdings Inc. (NYSE:HLT) Analytical Analysis

Hilton Worldwide Holdings Inc (NYSE:HLT) has risen 50.92% since May 23, 2016 and is uptrending. It has outperformed by 34.22% the S&P500. Allianz Asset Management Ag reported 454,401 shares. According to the past 5 years report, the company on average reported 14.60% year-over-year EPS growth and sales growth was recorded at 8.40%. The rating was maintained by Deutsche Bank with "Buy" on Tuesday, September 22.



DSW Inc. (DSW) Given Consensus Recommendation of "Hold" by Analysts

Bbva Compass Bancshares Inc. now owns 14,375 shares of the company's stock worth $297,000 after buying an additional 332 shares in the last quarter. DSW (NYSE:DSW) opened at 18.03 on Tuesday. The firm had revenue of $674.60 million for the quarter, compared to analyst estimates of $690.99 million. The business's revenue for the quarter was up.4% compared to the same quarter a year ago.



Oil prices may exceed $60 per barrel

While there's broad support for extending the effort to balance the market through production declines, Kuwait's oil minister said oil prices shouldn't spike. More than 400 oil rigs are now working US shale fields - an increase of more than 120 percent compared to a year ago. Non-OPEC oil producers such as Azerbaijan, Bahrain, Brunei, Equatorial Guinea, Kazakhstan, Malaysia, Mexico, Oman , Russia , Sudan, and South Sudan agreed to reduce output by 558,000 barrels per day ...