Finance

While economists expected inflation would rise above 1 per cent in the December quarter, the increase was slightly larger than expected. Prices for tradable goods and services were 0.1 percent lower in the year to December 2016. But it's unlikely to worry the Reserve Bank when its board meets in a fortnight for the first monetary policy meeting of the year. Also, consumer inflation will continue to trend below the Reserve Bank of Australia's target band of 2-3 percent since September ...
  • President Trump returns Winston Churchill bust to Oval Office

    Finance

    Back in 2009, when Obama removed the statue, some were offended. However, the former United Kingdom prime minister's renewed presence could be seen back in its former spot as Trump, in one of his first official acts as president, signed an executive order to unravel the Affordable Care Act - Obama's flagship healthcare law.
  • China GDP slows as growth risks mount

    China GDP slows as growth risks mount

    Finance

    Growth of investment in real estate might slow to 1 percent from last year's 6.6 percent, said Haibin Zhu of JP Morgan in a report . For the year, consumption contributed almost 65 percent of growth, indicating the much-touted switch to consumption-driven growth may be building momentum.
  • Kiwi rally driver Hayden Paddon says finger-pointing won't change anything

    Kiwi rally driver Hayden Paddon says finger-pointing won't change anything

    Finance

    Paddon's Hyundai i20 Coupe WRC slid off the icy road, with the vehicle crashing into a bank and rolling onto its side. "No matter the circumstances, this is never something we want to see", Paddon said in a statement. Friday is the longest day, with more stages on Saturday before Sunday's final leg that includes the renowned Col de Turini, where ice and snow can cause problems.
  • Oil price slides on prospect of rising US production

    Oil price slides on prospect of rising US production

    Finance

    The largest producer involved in the cuts agreement said it would make a reduction of 300,000 barrels a day by April or May. However, he said his baseline expectation is that it "will not be necessary". "Therefore, there is a great opportunity for all the stakeholders, including the oil and gas industry, to solidify this platform and insure that it continues to perform the stabilization role in the best interests of the industry as well as the global economy" Barkindo said.
  • Women's marches all around the nation, including Bellingham

    Women's marches all around the nation, including Bellingham

    Finance

    Dana Deneweth-Connolly, also of Port Huron, is participating in the Washington D.C. march, as well, and is a member of the group. They are joined as national co-chairs of the March by Linda Sarsour , who describes herself as "a Brooklyn-born Palestinian American-Muslim-racial justice and civil rights activist community organizer, social media maverick, and mother of three".
  • Sensex gains, Nifty back on top at 8400

    Finance

    Key index heavyweights in metal, oil and gas, PSU, auto and banking sectors fell up to 1.52 per cent. The Nifty of National Stock Exchange (NSE) also went up by 19 points to 8,417. Market took comfort from the government's move to put FPI taxation on hold as the Sensex finished the day at 27,258 with minor gains and the Nifty got back to the top of the crucial 8,400 mark amid firm global leads yesterday.
  • New York Jets owner Woody Johnson 'named United Kingdom ambassador'

    Finance

    Johnson was also the vice chairman of the Trump Victory Committee and hosted a huge fundraiser for him in the Hamptons. The appointment has not been formally announced, but Johnson was considered a favorite for the job. Mr. Trump congratulated Johnson on being named to the role at a luncheon in Washington, D.C. Thursday as he began to attend events for his inauguration a day later.
  • Movement Grows to Keep Melania Trump Out of the Girl Scouts

    Movement Grows to Keep Melania Trump Out of the Girl Scouts

    Finance

    The statement came from the Girl Scout's Nation's Capital Facebook page , not the Girl Scout's of the U.S. "It teaches responsibility", Landrie said. By selling cookies, the girls learn valuable skills such as money management and goal-setting, according to Toft. In 2016 Girl Scouts from Northeast Ohio sent 58,313 packages of cookies to those serving in the military.
  • Dozens dead after Tehran high-rise collapses in fire

    Finance

    Almost 200 of Tehran's firefighters from 10 different fire stations had responded to the blaze at Plasco, a high-rise shopping centre, around 8 am. " President Hassan Rouhani ordered an immediate investigation and compensation for those affected".
  • FAA reaches agreement with SkyPan to settle UAS enforcement cases

    Finance

    In exchange for the fine, the FAA "will make no finding of violation", according to a statement from SkyPan. To settle the issue and stave off a potential lawsuit by the Federal Aviation Administration, SkyPan has agreed to pay a $200,000 civil penalty and will also pay $150,000 if it violates related federal aviation rules and regulations within the next year.