Sep 21 2017
The core personal consumption expenditure (PCE) price deflator, the Fed's favoured measure of consumer price rises, rose by an annual 1.4% in July, down from 1.5% in the prior month. That helped send bank stocks higher.
FINSUM: We do not have any particularly sharp insight into what the Fed will do (and we don't think anyone really does), but we do believe that a shrinking of the balance won't cause the bond market losses that many fear.
On the economic front, the National Association of Realtors said on Wednesday that existing home sales decreased 1.7 percent to a seasonally adjusted annual rate of 5.35 million units last month. Kraft Heinz fell 1.2 percent.
ASIA'S DAY: Japan's Nikkei 225 added 0.1 percent to 20,310.46 and South Korea's Kospi edged down 0.2 percent to 2,412.20. The Dow Jones industrials added 41 points, or 0.2 percent, to 22,412.
UNAPPETIZING RESULTS: General Mills tumbled 6.3 percent after the cereal maker's latest quarterly results fell short of Wall Street's expectations.
On many days, demand to borrow the notes has been several billion dollars higher than the amount of the notes the Fed was able to supply, New York Fed data shows.
Big technology stocks such as Microsoft and Google parent Alphabet came under pressure late in the session after Amazon said it would move to charging businesses in one-second increments for use of its servers.
Kraft Heinz fell 1.8 percent and NRG Energy lost 1.5 percent.
The major US stock indexes closed mostly higher Wednesday, led by gains among banks as bond yields rose. The S&P 500 Index of shares in large USA companies is at a record high, and long-term interest rates have drifted lower over the year, despite the FOMC's decisions to raise short-term rates in March and June. The precious metal was little changed at $1,318.96 an ounce.
A majority of the bank's officials (11 out of 16) see the "appropriate" level for the federal funds rate to be between 1.25 per cent and 1.5 per cent by the end of the year, the Fed's post-meeting economic projections revealed.
During the press conference, Yellen sidestepped another question about whether the massive data breach at credit rating bureau Equifax could lead to a designation of those companies as systemically important financial institutions or financial market utilities by the Financial Stability Oversight Council, thus subjecting them to heightened prudential requirements.
On the other side of the spectrum, Food group General Mills Inc (NYSE:GIS) shed nearly 6% to $52,14 as it announced a first quarter EPS (earnings per share) miss of 5 cents along with slight sales beat. In the 12-month perspective, US-dollar against euro is expected to remain at average of 1.15 USD/EUR for inflation to stabilize at over 2%. E-Mini futures for the S&P 500 rose 0.2 per cent. Brent crude, used to price global oils, gained $1.15, or 2.1 percent, to $56.29 a barrel in London.
Sep 20 2017
Streaming series upend the TV landscape at 2017 Emmys
NARAL also took great pride in the number of protests " The Handmaid's Tale " inspired against Congress' health care bill. Alec Baldwin won the comedy supporting actor Emmy for his withering impersonations of Trump for " Saturday Night Live ".
Sep 20 2017
Sanders statement on CBO review of Graham-Cassidy Bill
Lindsey Graham , R-S.C., speaks about the Republicans' new health care bill on Capitol Hill on September 13, 2017. While GOP leadership is still short of the votes needed to pass the legislation - introduced last week by, Sens.
Sep 20 2017
Apple iOS 11 not working
In fact, the Control Centre can now be organised with users' favourite functions, with around 15 buttons free for customisation. Now in beta, the update comes packed with new features , giving the users a new and improved Siri voice assistant and more.
Sep 19 2017
DACA rally set for Tuesday at city hall
This month, she told the Reading Eagle's Anthony Orozco, "I'm mostly disappointed because there are so many kids like me". They need to finally do something that puts everyone on the path to legalization and they - we - need to do it right.
Sep 19 2017
Mother ! : The director Aronosfsky comments on the extreme reactions to his film
From there, well... things get a bit unhinged. 'You've done a movie, at least one movie, every year since 2010. A psychological thriller from Darren Aronofsky , it probably suffered from going head-to-head against It.
Sep 19 2017
Minnesota Vikings QB Sam Bradford could return soon after treatment
On Sunday, quarterback Sam Bradford was a game-time decision despite the Vikings being tight-lipped about him most of the week. Last season Bell averaged 157 yards from scrimmage per game in 2016. "It's always about how you respond to bad games".
Sep 18 2017
Hamilton wins as Vettel crashes
Red Bull looked to have the edge ahead of qualifying having been quickest again in practice this morning. "We knew coming here it would be hard ", he told Sky Sports F1 .
Sep 18 2017
Marshawn Lynch puts it down for The Town in Raiders win
For the Jets , it was a muffed punt, a helmet-to-helmet hit and poor technique on a tackle attempt that did them in on Sunday. The Jets cut the lead to seven with a Josh McCown to Jermaine Kearse TD pass, and a field goal would pull them within four.
Sep 18 2017
Recent defeats to Arsenal remain source of irritation for Antonio Conte
Arsenal hit the post and had a goal disallowed as an encouraging performance saw them take a point at Chelsea in a 0-0 draw. Hazard has played only 44 minutes for Chelsea this season with an additional 93 minutes for Belgium over the global break.
Sep 17 2017
Liverpool-Burnley 1-1 as it happened
His assist record suffers because of it and despite the fact he can score the odd worldie, most of his shots are off target. Philippe Coutinho and Liverpool endured a frustrating day at the hands of Sean Dyche's Burnley .
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