Philadelphia Federal Reserve Bank President Charles Plosser, the loan dissenter at the Fed’s July policy meeting, on Saturday continued his push for the U.S. central bank to change its language on monetary policy to reflect …
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VIDEO: Thai Nok Airlines Sees Lower Net Loss In Third Quarter, Aims For Profit In Fourth Quarter
Thailand’s second-largest budget carrier, Nok Airlines, said on Monday it expected its net loss in the third quarter will be lower than the second and aims to make profit in the fourth quarter due to …
Continue readingVIDEO: Swatch Prefers Go-it-alone Route For Smartwatch Plans
Swatch Group is happy to go it alone with a launch next year of watches with “smart” features to compete with so-called wearable gadgets from the big tech companies, a market potentially worth $93 billion. …
Continue readingVIDEO: BP Says Whiting Refinery Still In Production After Fire
BP said its largest U.S. oil refinery in Whiting, Indiana, continued to operate on Thursday morning following a blaze the night before that was expected to have a minimal impact on production. The company said …
Continue readingVIDEO: Fed In ‘real Debate’ On Rate Hike In Early To Mid-2015: Lockhart
Atlanta Fed President Dennis Lohckhar said the Federal Reserve is focused on an initial interest rate hike between the first quarter and the middle of next year, with possible changes in its main policy statement …
Continue readingVIDEO: Insight: Brazil’s Slump Hits Job Market As Election Approaches
Many of Brazil’s biggest retailers, homebuilders and carmakers are cutting jobs as Latin America’s largest economy teeters on the edge of recession, a fresh blow to President Dilma Rousseff’s re-election bid. For years, low unemployment …
Continue readingVIDEO: In Riot-hit Ferguson, Traffic Fines Boost Tension And Budget
When calm and order is finally restored to Ferguson, Missouri, the city’s leaders may find little room to maneuver to resolve an issue that has long inflamed racial tensions: traffic tickets. On the surface it …
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