Fannie Mae , the largest U.S. home funding source, said on Wednesday it sold $500 million of benchmark bills at higher interest rates compared with last week’s sale of similar maturities. Fannie Mae said …
Gold futures retreated for a 10th day in the longest run of losses since 1996 as Goldman Sachs Group Inc. predicted further declines and investors sold more through funds. Bullion has fallen out of favor with investors as the Federal Reserve prepares to raise interest rates, boosting the dollar and hurting gold’s allure. Prices could fall below $1,000 for the first time since 2009, Jeffrey Currie, Goldman’s New York-based head
LONDON/DUBAI (Reuters) – A drop in oil prices this month is likely to be short-term and will not deflect OPEC from its policy of keeping output high to defend market share, delegates from Gulf OPEC members and other nations said. OPEC, in a major policy shift, decided in November against cutting its production target of 30 million barrels per day (bpd) to prop up prices, seeking instead to defend market
Analysts, for the most part, remain as upbeat as ever on Apple after investors knocked more than $65 billion off the company’s market value in initial reaction to the company’s quarterly results on Tuesday.
Alibaba has moved to assure its cloud customers that their data is safe, as it looks to expand further into markets like the U.S and take on companies like Amazon and Microsoft.
Home Depot Inc said it agreed to buy home repair and maintenance product seller Interline Brands Inc for $1.63 billion. The all-cash deal is expected to be completed in Home Depot’s quarter ending Nov. …
The National Retail Federation, the biggest U.S. retail association, cut its forecast for retail sales growth in the country this year, citing an unexpected slowdown in growth in the first half of the year. The NRF now expects U.S. retail sales to grow 3.5 percent in 2015, lower than the 4.1 percent growth it forecast in February. ” … A deflationary retail environment has been especially challenging for retailers’ bottom
The following list represents the most viral tracks on Spotify, based on the number of people who shared it divided by the number who listened to it, from Monday, Oct. 20 to Sunday, Oct. 26 via Facebook, Tumblr, Twitter and Spotify.
BEIJING (AP) — Ai Weiwei has gotten back his passport four years after it was confiscated by Chinese authorities and is expected to attend a London exhibition this fall.
NEW YORK (AP) — The publisher of a disparaged biography of Bill Cosby has pulled blurbs from Billy Crystal, Mary Tyler Moore and other celebrities from dedicated web pages on Amazon.com and other retailers.
