Posts From King World News

Focus on Fed, euro zone's economic health

The search for clues to whether the Federal Reserve will raise U.S. interest rates in September for the first time in nearly a decade is set to intensify next week. “Because this report was not extraordinarily strong, it was simply in line with expectations, that leaves the markets having to look toward other data,” said Paul Christopher, head global market strategist at Wells Fargo Investment Institute in St. Louis. July

EU finds no evidence of illegal activity in Apple's music streaming deals: report

(Reuters) – Antitrust authorities in Europe failed to find evidence that Apple Inc’s deals with record labels and online music streaming services are blocking rivals’ access to its music streaming platform, Re/code reported, citing sources. The European Commission, the executive arm of the European Union, started an investigation in April and had sent out questionnaires to several record labels seeking information about their dealings with Apple. The investigation did not