GOTODAYNEWS.COM: Top News and Analysis 2019-07-18, 04:13

Danske Bank profit hit by higher costs, low interest rates

Danske Bank's second-quarter pre-tax profit came in below expectations on Thursday, hit by low interest rates and higher costs associated with compliance follo...

Danske Bank profit hit by higher costs, low interest rates

Source: reuters.com

Danske Bank profits hit by higher costs as it sets aside cash for a potential money laundering fine Danske Bank's second-quarter pre-tax profit came in below expectations on Thursday, with the Danish lender citing low interest rates and higher r...
2019-07-18, 13:39

Asia markets inch higher ahead of trade talks; Bank of Japan keeps interest rates steady Stocks in Asia Pacific edged up on Tuesday as investors awaited developments from U.S.-China trade talks this week in Shanghai. The Bank of Japan also...
2019-07-31, 14:13

UPDATE 1-CAE profit misses on higher costs Canada's CAE Inc fell short of analysts' profit expectations on Wednesday, as the world's largest civil aviation training company was hit by higher ex...
2019-08-14, 09:39

VW targets higher profit as EV costs, uncertainty weigh VW's diesel-emission scandal caused a fundamental crisis but it also became a catalyst for the transformation of the automaker, VW COO Ralf Brandstaet...
2019-08-23, 03:39

UPDATE 1-Loblaw quarterly profit falls on higher costs Loblaw Cos Ltd reported a 2.4% fall in quarterly profit on Wednesday, as the Canadian food retailer continues to invest in building its e-commerce net...
2019-07-24, 07:13

More Americans are finally moving cash to online banks for higher interest rates More Americans are moving their cash to online banks to earn interest of 2% or more. But many feel more comfortable with a local branch   &...
2019-05-23, 11:26

Bank of Mexico Cuts Interest Rates as Economy Struggles The Bank of Mexico lowered interest rates Thursday for the first time in more than five years in a split vote, citing slowing economic growth, lower i...
2019-08-16, 09:13

Bank of Mexico Maintains Interest Rates in Split Vote The Bank of Mexico kept interest rates unchanged Thursday in a split decision, citing risks for inflation from both domestic and external sources and ...
2019-06-27, 20:52

HDFC Bank Revises Fixed Deposit Interest Rates HDFC Bank FD interest rates: On fixed deposits of a 1-year maturity period, the private sector bank has lowered its interest rates by 20 basis points...
2019-07-22, 10:39

US Central Bank Cuts Interest Rates For First Time Since 2008 Fed Chairman Jerome Powell cited signs of a global slowdown, simmering US trade tensions and a desire to boost too-low inflation in explaining the cen...
2019-08-01, 01:52

Australia's central bank cuts interest rates again — more easing may be on the way The Reserve Bank of Australia's (RBA) quarter-point cut took cash rates to an all-time low of just 1% and left limited room for more reductions....
2019-07-02, 04:13

Lowe's cuts full-year profit view as higher costs hurt first quarter Home improvement chain Lowe's Cos Inc cut its full-year profit forecast on Wednesday and reported disappointing first-quarter earnings, hurt by higher...
2019-05-22, 06:39

Lowe's cuts 2019 profit forecast, blames higher costs, weak pricing Lowe's Cos Inc cut its full-year profit forecast after reporting disappointing first-quarter earnings, as the home improvement chain failed to raise p...
2019-05-22, 12:39

ICICI Bank Revises Fixed Deposit Interest Rates, Details Here The fixed deposit accounts which have a lock-in period of five or 10 years also offer income tax benefit under Section 80C of the Income Tax Act, 1961...
2019-06-17, 08:39

Here Are Latest Fixed Deposit Interest Rates Offered By HDFC Bank Fixed deposit interest rates are subject to change from time to time. Last week, private sector lender Axis Bank also revised its fixed deposit intere...
2019-06-06, 09:39

Bank will pay customers to take out mortgages by offering negative interest rates in Denmark Jyske Bank, the third-largest bank in Denmark, announced that it would lend homebuyers at an interest rate of -0.5% for a 10-year mortgage.  ...
2019-08-09, 14:26

Punjab National Bank Revises Fixed Deposit Interest Rates PNB FD Interest Rates: PNB is offering an interest rate of 5 per cent to general public and 5.5 per cent to senior citizens on fixed deposit maturitie...
2019-08-01, 09:52

UPDATE 3-Lowe's cuts 2019 profit forecast, blames higher costs, weak pricing Lowe's Cos Inc cut its full-year profit forecast after reporting disappointing first-quarter earnings, as the home improvement chain failed to raise p...
2019-05-22, 13:13

China's central bank is poised to cut interest rates amid trade war, economist says The People's Bank of China is expected lower rates twice later in 2019 and once in 2020 amid the country's trade fight with the U.S., said a...
2019-06-05, 02:52

Punjab National Bank Revises Fixed Deposit Interest Rates From Today The fixed deposit accounts which have a lock-in period of five or 10 years also offer income tax benefit under Section 80C of the Income Tax Act, 1961...
2019-07-01, 07:00

Yes Bank June Quarter Profit Slumps 91% On Higher Provisioning Yes Bank on Wednesday reported a net profit of Rs 113.76 crore for the April-June quarter, missing analysts' estimates. That marked a fall of 91 per c...
2019-07-17, 09:00

UPDATE 1-Royal Bank of Canada profit rises 6% on loan growth, higher trading Royal Bank of Canada reported a 6% rise in adjusted quarterly profit on Thursday, boosted by loan growth in its retail banking business and higher rev...
2019-05-23, 06:52

Danske Bank to sell Estonian private loans unit to LHV in $458 million deal Danske Bank, which has been embroiled in a major money laundering scandal, has agreed to sell its portfolio of Estonian private loans to LHV Pank in a...
2019-06-03, 02:52

Will mortgage rates keep dropping? Homeowners and buyers benefit from lower interest rates Mortgage rates dropped to nearly three-year lows on China trade fears and a Fed rate cut. That's helping homeowners and buyers in the market now....
2019-08-08, 15:26

WRAPUP 2-Loan growth drives profit beat at Royal Bank of Canada, TD Bank Two of Canada's largest lenders beat analysts' estimates for quarterly profits on Thursday, as strong loan growth boosted their retail banking busines...
2019-05-23, 13:26

UPDATE 2-Royal Bank of Canada, TD Bank profit beats view, powered by loan growth Royal Bank of Canada and Toronto-Dominion Bank beat analysts' estimates for quarterly profits on Thursday, as strong loan growth bolstered their retai...
2019-05-23, 09:13

Are U.S. and UK Interest Rates About to Converge? The U.S. and UK have many similarities, including low unemployment and core inflation, but their interest rates are wide apart. Is this gap about to c...
2019-06-11, 07:39

Who – Or “What” – Drives Interest Rates? EWI's Murray Gunn explains the role of the Federal Reserve in "driving" interest rates and the economy -- you me be surprised to find out who (or what...
2019-05-21, 10:13

Fed cuts interest rates, signals it may not need to do more The Federal Reserve cut interest rates on Wednesday, but the head of the U.S. central bank said the move might not be the start of a lengthy campaign ...
2019-07-31, 20:52

What Do Treasury Bonds Have to Do With Interest Rates? After sending interest rates climbing over the past few years, the Federal Reserve cut the federal funds rate last week for the first time since 2008....
2019-08-05, 21:39

Should You Invest in CDs Before Interest Rates Peak? After several post-recession seasons of pretty-much-zero interest rates on certificates of deposit, recent years have seen marked improvement. That’s ...
2019-06-01, 03:52

Fed's patience on interest rates to last 'for some time' U.S. Federal Reserve officials at their last meeting agreed that their current patient approach to setting monetary policy could remain in place "for ...
2019-05-22, 17:52

Tariffs could be the Fed’s excuse to cut interest rates The Federal Reserve needs an excuse to cut rates at its next meeting, and it will point to the tariffs as an impetus to cut. But let’s call it what it...
2019-06-08, 23:13

China isn't likely to cut interest rates in the near future: Investor Ronald Wan of Partners Financial Holdings says the Chinese authorities are in a dilemma about whether to cut interest rates because doing so would dam...
2019-07-17, 06:13

Here Are The Fixed Deposit (FD) Interest Rates Of Top Lenders Currently, on a three-year fixed deposit below Rs 2 crore, SBI pays an interest rate of 6.7per cent. As compared to this, HDFC Bank offers 7.4per cent...
2019-06-04, 05:13

Powell signals the Fed will cut interest rates again as soon as next month Fed Chairman Jerome Powell signaled the Fed will cut rates again as soon as next month. He cited the US trade war with China and global turbulence &#...
2019-08-23, 13:26

A warning to seniors if the Fed lowers interest rates Retirees face two competing forces: Lower rates on their "safe money" and a stock market that's becoming overheated. Here's where older inve...
2019-07-24, 20:01

Trump Isn’t Alone. These Millennials on the Left Want Low Interest Rates, Too. Sam Bell and his colleagues at Employ America want the central bank to cut interest rates now, and to lift them less quickly after the next recession,...
2019-06-12, 19:00

Powell hints the Fed will cut interest rates again as soon as next month Fed Chairman Jerome Powell hinted the Fed will cut rates again as soon as next month. He cited the US trade war with China and global turbulence ...
2019-08-24, 04:39

If the Fed cuts interest rates, things could get ugly The Fed meets Tuesday and Wednesday this week with a decision on interest rates coming at 2 p.m. that second day. As of when I’m writing this, the mar...
2019-07-31, 12:13

Interest rates in Australia are still heading to zero: Investor Chris Bedingfield of Quay Global Investors says, unless there's a significant policy change, interest rates in Australia will end up effectively ...
2019-07-02, 09:39

Behind Erdogan’s Strange Ideas About Interest Rates Turkey’s President Recep Tayyip Erdogan doesn’t like it when the country’s banks charge people relatively heavily to borrow money. That alone doesn’t ...
2019-08-02, 17:13

Why China’s Getting Ready to Shake Up Interest Rates The People’s Bank of China will start liberalizing its system of interest rates, in what would be another milestone in the landmark reforms started fo...
2019-08-18, 18:00

UK costs to cut greenhouse emissions 40% higher than thought: FT Britain's government has estimated that the cost of eliminating greenhouse gas emissions by 2050 could be 40% higher than one given by official climat...
2019-06-06, 12:00

Costs Weigh on Caterpillar's Profit Caterpillar reported lower sales in China and higher costs related to tariffs and labor, as the machinery giant steers through a tricky moment in the ...
2019-07-24, 12:52

Here Are SBI Interest Rates On Home Loans After Latest Revision SBI interest rate: The latest key lending rate, which took effect on Wednesday, was the third downward revision this financial year, according to SBI,...
2019-07-11, 09:13

Trump repeats call for Fed to lower interest rates U.S. President Donald Trump on Friday repeated his call for the Federal Reserve to lower interest rates, saying that such a step would further boost t...
2019-07-05, 16:52

Companies Aren't Cheering Lower Interest Rates Last year, U.S. corporate pension funds had one of their better years in recent history, despite the fact that stocks and bonds both did poorly. Highe...
2019-07-15, 13:26

SBI Savings Plus Account: Eligibility, Interest Rates And Other Details SBI Savings Plus Account: Customers are required to maintain a monthly average balance (MAB) for this account. Monthly Average Balance (MAB) is the su...
2019-05-28, 22:52

SBI Revises Fixed Deposit Interest Rates, Details Here The bank will now offer an interest rate of 4.5per cent to general public and 5 per cent to senior citizens on fixed deposits of 7-45 days. Currently,...
2019-08-24, 19:39

Federal Reserve cuts interest rates by 0.25% – its first in a decade Fed chief Jerome Powell ‘let us down’, says Trump amid disappointment that rates were not cut harderThe US Federal Reserve has cut interest rates for ...
2019-07-31, 18:52

SBI's New Interest Rates On Fixed Deposit Take Effect Today State Bank of India (SBI) FD interest rates: SBI revised its interest rates applicable to fixed deposits last month. SBI now provides interest rates o...
2019-08-01, 01:52

SBI Small Account: Eligibility, Interest Rates, Other Features SBI's small accounts can be opened by any individual who is above 18 years and do not have officially valid KYC (Know Your Customer) documents. Howeve...
2019-05-25, 09:39

RBI To Cut Interest Rates Again In October And Early Next Year: Poll The RBI lowered its economic growth forecast for the current fiscal year on Wednesday and said inflation would not breach its medium-term target of 4 ...
2019-08-09, 06:52

Art Laffer warns on negative rates, saying he'd borrow as much as he could for no-interest "If I could borrow without paying any interest, or ever pay the money back, I would borrow as much as I could, too," the 'Trumponomics' co-a...
2019-08-22, 15:13

Barclays CEO warns of 'asset bubbles' due to low interest rates Persistent low interest rates from central banks risks creating "asset bubbles" which could pop if interest rates begin to rise again, Barclays CEO Je...
2019-08-01, 09:13

Here's how flattening interest rates are affecting the housing market George Ratiu, senior economist for realtor.com, and Bess Freedman, and CEO of Brown Harris Stevens, join "Squawk Box" to discuss the latest mortgage a...
2019-08-21, 10:52

Art Laffer warns on negative rates, saying he'd borrow as much as he could for no interest "If I could borrow without paying any interest, or ever pay the money back, I would borrow as much as I could, too," the "Trumponomics" co-author says...
2019-08-22, 15:39

Interest Rates on New Federal Student Loans Will Dip Slightly The rates, which will take effect on July 1, won’t make a big difference in monthly payments. But given the cost of college, one expert says, “this is...
2019-05-22, 14:00

Fed Cuts Interest Rates for First Time Since 2008 Crisis The Federal Reserve cut its benchmark interest rate a quarter point as it tried to insulate the economy from President Trump’s trade war and a global ...
2019-07-31, 18:00

Fed leaves interest rates alone, resisting Trump's pressure for a cut The Federal Reserve left interest rates unchanged on Wednesday, resisting pressure from President Trump to reduce them as his escalating trade dispute...
2019-06-19, 21:52

US interest rates left unchanged as 'uncertainties' arise US interest rates have been left unchanged, but the Federal Reserve signalled it is prepared to start cutting rates if needed, to protect the U.S. eco...
2019-06-19, 15:13

As Fed Prepares to Cut Rates, Some See Path to Higher Yields A reduction by the central bank could actually lead to higher long-term Treasury yields if such a cut helps spur inflation—or at least the fear of inf...
2019-07-31, 12:00

SBI Flexi Deposit Scheme: Tenure, Interest Rates And Other Details For SBI's flexi deposit account, the minimum instalment amount is Rs. 500, and in a financial year, an investor needs to deposit a minimum of Rs. 5,00...
2019-06-30, 14:13

Oil rises as US crude stocks fall again, Fed cuts interest rates Oil prices rose for a fifth day on Wednesday following a larger-than-expected drop in U.S. inventories and after the Federal Reserve cut U.S. interest...
2019-08-01, 02:00

Bets on Falling Interest Rates Unleash Gold Rally Gold is on its longest winning streak in almost a year and a half, the latest signal that investors are preparing for the Fed to lower interest rates ...
2019-06-09, 10:26

Check Out Latest Fixed Deposit (FD) Interest Rates Of Key Banks Leading banks like State Bank of India (SBI), HDFC Bank, ICICI Bank, among others offer the facility of opening a fixed deposit. These days FDs can al...
2019-05-25, 09:39

Federal Reserve lowers interest rates for 1st time since 2008 Weeks of speculation were put to rest Wednesday when the Federal Reserve announced a quarter-percent interest rate cut in its mid-year assessment of U...
2019-07-31, 16:39

Fixed Deposit Interest Rates: Here's What Post Office And Banks Pay Fixed deposit accounts can be created by visiting a bank branch or even online. These days, most banks offer the facility of opening fixed deposits on...
2019-06-15, 21:13

SBI Small Savings Account: Eligibility, Interest Rates And Other Details SBI offers the same interest rate on small account as those on regular savings bank accounts. The bank offers an interest rate of 3.5 per cent per ann...
2019-08-04, 10:13

How Interest Rates, Inflation Impact Equity Select Sectors Tech stocks loathe volatility, higher short-term rates benefit financials but hurt real estate and utilities. See key factors that drive equity select...
2019-06-11, 14:39

SBI Reinvestment Fixed Deposit Plan: Interest Rates, Tenure And More In case of a reinvestment plan, interest is given at the time of maturity. Regular interest is added to the principal and compound interest calculated...
2019-06-07, 10:26

Interest Rates On Small Savings Schemes For September Quarter India Post, which operates a network of more than 1.5 lakh post offices across the country, offers nine options under its small savings scheme portfol...
2019-06-29, 06:52

Fed Minutes Show Officials in No Rush to Change Interest Rates Federal Reserve officials said they are committed to a “patient approach,” even if the economy strengthens, according to minutes of their last meeting...
2019-05-22, 16:26

Federal Reserve cuts interest rates for the first time in a decade The Federal Reserve is cutting its key interest rate for the first time in a decade to try to counter threats ranging from uncertainties caused by Pre...
2019-07-31, 14:26

SBI Fixed Deposit Account: Interest Rates, Tenure, Other Details In a SBI FD account, depositor can park lump sum amount and also avail features like choice of interest payout and liquidity through overdraft (OD) or...
2019-06-08, 07:52

Major U.S. banks lower benchmark interest rates following Fed rate cut Major U.S. banks lowered their benchmark rates for a wide range of consumer and commercial loans on Wednesday, following a rate cut from the Federal R...
2019-07-31, 20:52

What’s Driving the Housing Downturn? Interest Rates or Investor Psychology Housing data in 2018 looked ... unhealthy. The "villain" seems obvious -- namely, central bank rate hikes. But now see the charts and evidence that sh...
2019-05-21, 10:39

Companies Without a Tech Plan in M&A Deals Face Higher IT Costs Companies without a playbook for integrating information-technology systems in the wake of an acquisition or merger risk spiraling IT costs—and angry ...
2019-06-19, 03:26

Inflammatory bowel disease patients have higher health costs (Reuters Health) - People with inflammatory bowel disease - either Crohn's disease or ulcerative colitis - may incur health costs more than three time...
2019-06-08, 01:13

Whirlpool Raises Profit Forecast While Controlling Costs Whirlpool raised its profit outlook for the year, saying it was better controlling costs and continuing to benefit from the higher prices it is chargi...
2019-07-22, 20:26

Report: U.S. opioid prescribing rates higher than other countries About 79 percent of patients who felt pain during hospital visits in the United States received opioid prescriptions, which is nearly 30 percent highe...
2019-07-31, 13:13

The Fed Just Cut Interest Rates in Hopes of Extending the Longest Economic Expansion on Record (WASHINGTON) — The Federal Reserve is cutting its key interest rate for the first time in a decade to try to counter threats ranging from uncert...
2019-07-31, 15:26

Fed cuts interest rates for first time since 2008, but sends confusing signals about what’s next The Fed made its first interest rate cut since December 2008 in an effort to ensure the trade war and slow growth overseas don't drag down the U.S. ec...
2019-07-31, 18:00

U.S. Federal reserve cuts interest rates for the first time since the financial crisis The central bank said it will act 'as appropriate' to sustain a record-long U.S. economic expansion, appearing to leave the door open for another cut....
2019-08-01, 00:26

Trump needs to make peace with China and get a cut in interest rates | Larry Elliott US president’s target has tended to be Beijing but his focus is likely to turn more to the Federal ReserveStock markets around the world are sending a...
2019-05-29, 11:13

How to adjust your borrowing, saving and investing as interest rates continue to decline The Federal Reserve just cut short-term interest rates. It's a good time to assess your exposure to low rates and opportunities to capitalize on ...
2019-08-20, 16:00

Australian interest rates head for 1% as emergency measures loom for economy RBA governor drops strong hint of fresh cuts to 1.25% cash rate while experts say US-style quantitative easing is on the cardsInterest rates are headi...
2019-06-21, 13:26

European banks have paid over 20 billion euros to the ECB since negative interest rates European banks have transferred 21.4 billion euros ($24.2 billion) in revenues to the European Central Bank (ECB) in the five years since negative int...
2019-06-10, 14:52

Instant view: Fed holds interest rates steady, sets up for cuts The U.S. Federal Reserve held interest rates steady on Wednesday but signaled possible rate cuts of as much as half a percentage point over the remain...
2019-06-19, 18:26

U.S. House Speaker Pelosi blasts Trump pressure on Fed over interest rates The U.S. Federal Reserve should be independent and not under the influence of President Donald Trump in setting monetary policy, House of Representati...
2019-06-19, 13:52

Check Out Latest Fixed Deposit Interest Rates Of SBI, Post Office The interest rates on fixed deposits (FDs), which are revised from time to time, vary according to the tenor of a fixed deposit across various maturit...
2019-06-11, 09:52

Are interest rates going down? Trade war, stock market, vulnerable economy may press Fed The Federal Reserve is likely to open the door to a possible rate cut in July, depending on U.S.-China trade talks in coming weeks, economists say. &...
2019-06-17, 10:00

Your Money Adviser: Interest Rates on New Federal Student Loans Will Dip Slightly The rates, which will take effect on July 1, won’t make a big difference in monthly payments. But given the cost of college, one expert says, “this is...
2019-05-21, 08:52

Fed Officials Make the Case for Cutting Interest Rates as Risks Loom The presidents of the St. Louis and Minneapolis branches of the Federal Reserve want rates cut now, and even the central bank’s vice chair says uncert...
2019-06-21, 16:13

Falling interest rates are sending a warning signal to the stock market The swift drop in interest rates may make mortgages and lots of other loans cheaper, but they don't necessarily mean good things for the stock ma...
2019-05-28, 16:26

Trump’s company could save millions if interest rates fall as he demands The Trump Organization could see large savings in payments it is making on roughly $345 million in loans, according to public filings and financial ex...
2019-08-24, 17:13

Emerging Markets Cut Interest Rates Amid Expectations of Looser Fed Policy Central banks in emerging markets around the world are cutting interest rates, with Russia the latest example, as expectations of easier money in the ...
2019-06-14, 11:26

Trump Fed nominee Judy Shelton calls for bigger cut to interest rates Wall Street traders anticipate a more modest 25-basis-point cut when the Fed meets to set interest rate policy on July 30 and 31, but Shelton said the...
2019-07-22, 18:00

Small Savings Schemes To Fetch Lower Interest Rates From Today Post office interest rates: The government currently reviews the interest rates applicable to small savings schemes such as the 15-year Public Provide...
2019-07-01, 00:26

UPDATE 1-Southwest sees higher Q2 unit revenues, and costs, due to 737 MAX groundings Southwest Airlines Co expects higher unit revenues, and costs, in the second quarter than previously forecast due to the ongoing grounding of Boeing's...
2019-06-19, 13:13

Caterpillar earnings disappoint on weak China sales, higher costs Caterpillar Inc's earnings on Wednesday missed Wall Street's estimates, hurt by a combination of weak sales in China and higher production and restru...
2019-07-24, 14:52

Booking Holdings CEO: Data-Privacy Compliance Pushes Costs Higher Global companies are grappling with different data privacy rules in individual markets, said Glenn Fogel, chief executive of online travel company Boo...
2019-06-14, 03:39

Dollar Tree cuts profit forecast as costs rise Dollar Tree cut its full-year profit forecast on Thursday, citing costs related to store closures and freight, sending its shares down 4% in trading b...
2019-05-30, 09:26

Trade Tensions, Rising Costs Hit Profit Outlook for Airlines Airline industry earnings this year are expected to fall 21% short of expectations with global trade tensions and rising costs denting the outlook for...
2019-06-02, 00:39

Daimler warns on profit again, blames diesel and recall costs Luxury carmaker Daimler cut its profit forecast for the fourth time in 13 months on Friday, as it set aside more money to cover a regulatory crackdow...
2019-07-12, 07:13

Sepsis patients with inflammation have higher death rates after discharge About one in four sepsis patients who live through their hospitalization will continue to have higher levels of inflammation. This puts them at risk f...
2019-08-07, 22:00

Asia shares set to decline amid dampened expectations for Fed to slash interest rates Stocks in Asia were set to trade lower on Monday after a strong jobs report last Friday stateside moderated expectations that the U.S. Federal Reserve...
2019-07-07, 20:13

WRAPUP 2-Fed lowers interest rates as expected, leaves door open to more cuts The Federal Reserve cut interest rates on Wednesday for the first time since 2008, citing concerns about the global economy and muted U.S. inflation, ...
2019-07-31, 14:13

Fed's Quarles: Regulatory Tools Better Suited Than Interest Rates to Promote Financial Stability The Federal Reserve’s point man on bank regulation said Thursday that interest rates should be used to achieve the central bank’s inflation and employ...
2019-05-30, 14:13

CAE profit falls 11% on higher expenses Canada's CAE Inc reported a 11.4% fall in quarterly profit on Wednesday, as the world's largest civil aviation training company was hit by higher expe...
2019-08-14, 09:39

AmEx warns of higher costs as it boosts rewards program, shares fall American Express Co warned of higher operating costs this year as the credit card issuer spends heavily on rewards programs to attract customers in a...
2019-07-19, 13:39

UPDATE 5-Caterpillar earnings disappoint on weak China sales, higher costs Caterpillar Inc's earnings on Wednesday missed Wall Street's estimates, hurt by a combination of weak sales in China and higher production and restruc...
2019-07-24, 15:52

Halliburton profit exceeds analysts estimates as costs cut; shares rise Halliburton Co on Monday reported a second-quarter profit that beat analysts' estimates as its largest oil-well services unit exceeded expectations, ...
2019-07-23, 00:01

Santander second-quarter net profit falls 18% on Popular costs, weak Britain Santander posted on Tuesday a 18% decline in second-quarter net profit from a year earlier after being hit by planned restructuring costs of around 70...
2019-07-23, 06:13

AIG shares jump as profit beats on strong underwriting and lower costs Insurer AIG reported first-quarter earnings that trounced Wall Street estimates, as its general insurance business posted its first underwriting profi...
2019-05-21, 16:00

Dow ends higher on hopes of an interest rate cut after weak jobs report The Dow Jones Industrial Average closed higher after weaker-than-expected hiring likely increased the odds the Fed will have to cut interest rates. &...
2019-06-07, 20:52

Teen drivers with ADHD have higher crash rates even with graduated licenses (Reuters Health) - New teen drivers with attention deficit/hyperactivity disorder are more likely to crash their cars than adolescents who don't have ...
2019-05-21, 09:13

Lowe's shares crater as higher costs lead to earnings miss and slashed forecast Lowe's shares plummeted 8% before the bell Wednesday after the company posted mixed fiscal first-quarter results and cut its forecast for the yea...
2019-05-22, 11:00

UPS profit beats on higher e-commerce deliveries United Parcel Service Inc , which is the world's largest package delivery company, beat second-quarter profit estimates on Wednesday, driven by increa...
2019-07-24, 08:13

Chevron profit rises 26.3% on higher output Chevron reported a 26.3% rise in quarterly profit, as higher production more than offset lower crude oil and natural gas prices and a rise in expenses...
2019-08-02, 13:39

UPDATE 6-Halliburton profit exceeds analysts estimates as costs cut; shares rise Halliburton Co on Monday reported a second-quarter profit that beat analysts' estimates as its largest oil-well services unit exceeded expectations, s...
2019-07-22, 20:52

Democrat Harris unveils plan to lower drug costs, put 'people over profit' Democratic presidential candidate Kamala Harris unveiled a plan on Tuesday to crack down on pharmaceutical companies which overcharge for prescription...
2019-07-16, 06:26

Shutdown of fire-gutted massive Philadelphia refinery pushes gas prices higher, costs 1,000 jobs Plans to shut down the largest oil refinery on the East following a fire at the Philadelphia facility last week will throw more than 1,00 people out o...
2019-06-27, 14:00

Lockheed Martin profit rises 22% on higher F-35 deliveries Lockheed Martin Corp reported a 22% rise in quarterly profit on Tuesday and raised its 2019 profit forecast for the second time this year, helped by i...
2019-07-23, 09:01

Lowe's Reports Higher Profit, Beating Estimates Lowe’s reported higher earnings in its latest quarter that topped expectations, in a sign the home-improvement retailer’s aggressive cost-cutting stra...
2019-08-21, 10:26

Delta Air quarterly profit surges 39% on higher fares Delta Air Lines Inc reported a 39.3% rise in quarterly profit on Thursday, as the second-largest U.S. carrier benefited from higher fares and flying ...
2019-07-11, 11:52

Chevron profit surges 26% on higher output, termination fee Chevron Corp reported a 26.3% jump in quarterly profit on Friday, as higher oil and gas production and a one-time breakup fee from its failed bid for ...
2019-08-02, 13:13

Lowe's Posts Higher Profit, Trims Outlook Lowe’s lowered its full-year earnings targets as the home-improvement retailer continues to work through operational challenges, such as managing cost...
2019-05-22, 10:39

Australia's central bank says 'likely' will have to cut rates again - Australia's central bank believes it will likely have to cut interest rates further from the current record low of 1.25% in order to push down unemp...
2019-06-17, 23:39

UPDATE 1-Brazil card processor Cielo misses profit estimates as costs surge Brazilian card processor Cielo SA on Tuesday posted a 33% drop in second-quarter profit from a year earlier, missing analysts' estimates, as operating...
2019-07-23, 21:52

JPMorgan profit beats estimates on lending strength; net interest margin dips JPMorgan Chase & Co reported a better-than-expected quarterly profit on Tuesday as higher interest income and buoyant consumer lending offset lower ...
2019-07-16, 09:39

Zalando profit guidance upgrade sends shares higher Online fashion retailer Zalando raised its profit guidance on Thursday after a big jump in visits to its website, with the company citing efforts to p...
2019-08-01, 08:13

REFILE-Schlumberger profit jumps 14.4% on higher international activity Schlumberger NV reported a 14.4% increase in quarterly profit on Friday, as demand in international markets helped the world's largest oilfield servic...
2019-07-19, 07:39

Lennar profit beats as lower mortgage rates boost home sales Lennar reported a higher-than-expected quarterly profit on Tuesday, as the No. 2 U.S. homebuilder's sales got a boost from lower interest rates f...
2019-06-27, 13:13

Bank Stocks Hurt by More Than Falling Rates Bank stocks soared ahead of the S&P 500 early in the year, but recent worries that trade tensions will hit the economy have dented shares of lenders i...
2019-05-29, 10:26

UPDATE 2-JPMorgan profit beats estimates on lending strength; net interest margin dips JPMorgan Chase & Co reported a better-than-expected quarterly profit on Tuesday as higher interest income and buoyant consumer lending offset lower a...
2019-07-16, 09:00

Akzo Nobel second-quarter core profit surges 36% on higher prices Dutch paints and coatings maker Akzo Nobel reported a better-than-expected 36% jump in second-quarter core profit on Wednesday, as higher prices and c...
2019-07-24, 03:39

Carnival cuts 2019 profit on Cuba travel ban, higher expenses Carnival cut its profit forecast for the year on Thursday due to the Trump administration's sudden ban on cruises to Cuba and higher expenses rel...
2019-06-20, 12:39

Fox Corp beats quarterly profit estimates on higher affiliate fees Media company Fox Corp reported quarterly results that beat Wall Street estimates on Wednesday, boosted by higher fees collected from cable and satel...
2019-08-07, 20:26

AmEx beats profit on higher card spending; expenses a worry Credit card issuer American Express Co beat analysts' estimates for quarterly profit on Friday, as a healthy U.S. economy fueled higher spending by i...
2019-07-19, 08:26

United Tech profit beats on higher demand for aircraft parts United Technologies Corp reported better-than-expected quarterly earnings and raised its full-year sales and profit forecasts on Tuesday, driven by a...
2019-07-23, 09:26

UPDATE 2-Workday beats revenue and profit estimates on higher subscriptions Workday Inc reported better-than-expected quarterly profit and revenue on Tuesday, as it enrolled more companies for its cloud-based financial and hum...
2019-05-28, 21:39

Travelers profit misses as higher claims weigh on underwriting gain Insurer Travelers missed Wall Street estimates for second-quarter profit on Tuesday, as weather-related losses led to an 18% drop in underwriting gain...
2019-07-23, 08:00

Nike misses quarterly profit estimates on higher marketing expenses Nike Inc missed analysts' estimates for quarterly profit on Thursday, as the world's largest sportswear maker spent more on marketing and new product...
2019-06-27, 19:26

Bank of America trims net interest income guidance Bank of America Corp lowered its annual net interest income guidance on Wednesday to reflect a weakened interest rate environment as the second-larges...
2019-07-17, 10:26

One major bank is holding the line, saying the Fed won't cut rates this year The economists at Citi maintained their call for no rate cuts this year after the Federal Reserve said the case for an easier monetary policy has stre...
2019-06-20, 16:00

Bank of England set to keep rates on hold over Brexit unease LONDON (AP) — The Bank of England is expected to keep interest rates on hold Thursday but indicate a possible increase later this year despite uncerta...
2019-06-20, 03:26

Deutsche Bank Funding Costs Subdued Despite Share-Price Slide The lender’s shares fell to a record low Monday, yet debt investors aren’t panicking and a key measure of the German bank’s funding costs has improved...
2019-06-04, 05:52

UPDATE 1-Ad firm Interpublic profit beats on higher global client spending U.S. advertising firm Interpublic Group of Cos Inc beat analysts' estimates for quarterly profit on Tuesday, as it benefited from higher spending by i...
2019-07-23, 09:01

UPDATE 1-Travelers profit misses as higher claims weigh on underwriting gain Insurer Travelers Cos Inc missed Wall Street estimates for second-quarter profit on Tuesday, as weather-related losses led to an 18% drop in underwrit...
2019-07-23, 09:01

UPDATE 1-Oil Search half-year profit more than doubles on higher output from PNG project Aug 20 - Australia's Oil Search on Tuesday said its half-year profit more than doubled and raised its dividend, boosted by robust output at its key Pa...
2019-08-19, 22:39

UPDATE 1-Rogers Communications quarterly profit rises on higher subscription revenue Rogers Communications Inc on Tuesday reported a nearly 10% rise in quarterly profit, as the Canadian telecom company benefited from growth in its wire...
2019-07-23, 09:01

UPDATE 3-Slow loan growth, higher provision eat into CIBC quarterly profit Canadian Imperial Bank of Commerce missed profit estimates for the third straight quarter on Wednesday, as weak loan growth and higher loan loss provi...
2019-05-22, 10:39

UPDATE 4-Bank of America trims net interest income guidance Bank of America Corp lowered its annual net interest income guidance on Wednesday to reflect a weakened interest rate environment as the second-larges...
2019-07-17, 19:26

Deutsche Bank posts 3.15 billion euro second-quarter loss on restructuring costs Deutsche Bank said on Wednesday that it posted a loss of 3.15 billion euros ($3.51 billion) in the second quarter as a result of costs for a major re...
2019-07-24, 01:39

Levi Strauss profit tanks 17%, hit by a stronger dollar, and higher marketing and online expenses Levi Strauss reported a 17% drop in quarterly adjusted profit, hit by a stronger dollar, higher marketing costs, and investments in its online busines...
2019-07-10, 09:39

UPDATE 1-Brazil's Banco BTG Pactual reports sharply higher profit on trading gains Latin America's largest independent investment bank, Banco BTG Pactual SA, reported a 50.2% jump in second-quarter recurring profit on Tuesday, as tra...
2019-08-13, 06:52

UPDATE 1-Agnico Eagle Mines beats profit estimates on higher gold prices Canadian gold miner Agnico Eagle Mines Ltd reported a better-than-expected adjusted profit for a fourth straight quarter on Wednesday, largely due to...
2019-07-24, 18:00

American Express tops profit estimates on higher card spending; expenses a worry Credit card issuer American Express beat analysts' estimates for quarterly profit on Friday, as a healthy U.S. economy fueled higher spending by ...
2019-07-19, 12:00

HDFC Bank Cuts Key Lending Rates By 10 Basis Points: Report Indian banks largely price their MCLR benchmark loan rates according to the cost of deposits. With this cut, the bank's lending rates on products like...
2019-08-06, 15:39

Australia's central bank flags lower rates in jobs hunt Australia's top central banker on Thursday said it was not "unrealistic" to expect a further reduction in interest rates given ample slack in the...
2019-06-19, 23:39

Consumers Lift Profit at Bank of America U.S. consumers propelled Bank of America’s profit in the latest quarter, though the bank warned it could take a hit from any Federal Reserve rate cuts...
2019-07-17, 16:13

Royal Bank of Canada's Profit Increases Royal Bank of Canada’s profit increased in its fiscal third quarter as net interest income rose by almost 10%, but the bank’s chief executive said the...
2019-08-21, 15:39

United tops profit estimates as MAX woes prompt higher fares in robust travel market United Airlines Holdings Inc on Tuesday reported a bigger-than-expected increase in second-quarter profit, driven by strong air travel demand and the...
2019-07-16, 22:13

India Post Payments Bank Savings Accounts: Interest Rate And Other Details India Post Payments Bank offers a range of services such as money transfer, direct benefit transfers, bill and utility payments, and enterprise and me...
2019-08-18, 12:00

China's Central Bank Reforms Rates to Boost Cheap Funding for Businesses The People’s Bank of China unveiled a long-awaited reform to its interest-rate mechanism, a move aimed at reducing financing costs for businesses stru...
2019-08-17, 08:39

India central bank cuts rates by 35 basis points to speed up growth The Reserve Bank of India on Wednesday cut interest rates for a fourth straight meeting in 2019, taking advantage of mild inflation to expand its effo...
2019-08-07, 04:26

Citigroup Reports Higher Earnings as Bank Results Kick Off Citigroup reported that profit increased 7% and beat analysts’ expectations as the New York lending giant benefited from favorable conditions in the U...
2019-07-15, 13:26

Canada's TD Bank posts 6.7% rise in quarterly profit TD Bank Group reported a 6.7% rise in adjusted second-quarter profit on Thursday, as Canada's second-biggest lender by market value benefited from str...
2019-05-23, 06:52

Deutsche Bank's aim to make profit in 2020 is uncertain - CFO Deutsche Bank aims to break even or turn a profit in 2020 but there is "significant uncertainty in that forecast", the bank's finance chief said on Mo...
2019-07-08, 06:52

Deutsche Bank's aim to make profit in 2020 is uncertain: CFO Deutsche Bank aims to break even or turn a profit in 2020 but there is "significant uncertainty in that forecast", the bank's finance chief said on M...
2019-07-08, 10:26

JP Morgan posted an earnings beat, but the bank's stock falls on lowered interest forecast The impact of the Federal Reserve's looming interest rate cuts appear to have impacted J.P. Morgan's forecast for 2019 net interest income....
2019-07-16, 07:52

Even as Goldman Sachs and Ally Bank cut deposit rates, high-yield savings accounts still pay As the probability of a rate cut increases, banks will start to lower deposit rates offered to consumers. Goldman Sachs and Ally Financial have alread...
2019-07-05, 12:39

Sensex Ends Volatile Session Higher Led By HDFC, Kotak Bank S&P BSE Sensex and the NSE Nifty 50 Indexes ended today's volatile session marginally higher led by gains in HDFC, Kotak Mahindra Bank and HDFC Bank....
2019-06-19, 07:00

RBL Bank Reports 41% Jump In Profit To Rs 267 Crore In June Quarter RBL Bank earnings, RBL Bank share price: RBL Bank said its net interest margin (NIM) improved to 4.31% in the quarter ended June 30, from 4.04% a year...
2019-07-19, 08:39

Deutsche Bank overhaul to hit FactSet profit: Credit Suisse Deutsche Bank AG's move to scrap its global equities operations could dent the 2020 fiscal profit for FactSet Research Systems Inc, Credit Suisse anal...
2019-07-08, 13:52

South Korea's central bank holds rates steady but trade woes strengthen calls to cut South Korea's central bank kept monetary policy unchanged on Friday but a split vote in the decision provided a firm signal the bank was shifting...
2019-05-31, 07:26

Sensex, Nifty Edge Higher Led By Gains In IndusInd Bank, Larsen & Toubro For most part of the day, Sensex and Nifty traded in a narrow range. The Sensex traded in a range of 200 points while Nifty 50 Index touched high of 1...
2019-07-03, 07:52

French bank Credit Agricole forecasts slower profit growth Credit Agricole, France's second-largest listed bank, on Thursday said profit growth would slow over the next four years, adopting a cautious outlook ...
2019-06-06, 08:39

Royal Bank of Canada profit rises 6% on retail banking growth Royal Bank of Canada reported a 6% rise in adjusted quarterly profit on Thursday, lifted by growth in its retail banking and capital markets businesse...
2019-05-23, 06:52

Metro Bank suffers profit plunge as chairman plans exit Embattled lender Metro Bank has reported an 84% plunge in profits for the first half of the year, after a torrid six months which saw customer withdra...
2019-07-24, 19:26

Bank of America beats profit estimates on strong loan growth Bank of America beat estimates for quarterly profit on Wednesday, as the loan book of the country’s second-largest lender benefited from a healthy eco...
2019-07-17, 11:13

UPDATE 1-European shares edge higher, Deutsche Bank rally lifts banks European shares reversed course from early losses to trade marginally higher on Monday, boosted by German lender Deutsche Bank's major overhaul and on...
2019-07-08, 06:52

Bank of America makes a $7.3B profit in second-quarter, beating analysts’ estimates Bank of America on Wednesday posted profit that exceeded analysts’ expectations on strength in its sprawling retail bank.    ...
2019-07-17, 11:13

UPDATE 1-Royal Bank of Canada profit misses on weak equity trading Royal Bank of Canada missed analysts' estimates for quarterly profit on Wednesday as equity trading weakened and it kept aside more funds to cover bad...
2019-08-21, 07:13

Swiss private bank Julius Baer posts 19% decline in adjusted net profit for the first half Swiss private bank Julius Baer posted a 19% decline in adjusted net profit in the first six months of 2019 as tepid trading continued from its wealthy...
2019-07-22, 09:00

UPDATE 2-Bank of America profit beats as healthy economy fuels loan growth Bank of America Corp beat estimates for quarterly profit on Wednesday, as the loan book of the country's second-largest lender benefited from a health...
2019-07-17, 09:39

UPDATE 1-Workday beats revenue and profit estimates on higher subscription revenue Workday Inc reported better-than-expected quarterly profit and revenue on Tuesday, as it enrolled more companies for its cloud-based financial and hum...
2019-05-28, 18:00

Survey shows "strong interest" in a 5G iPhone, little interest in the 2019 models A number of manufacturers will be releasing 5G phones this year even though coverage is very limited. In the U.S. for example, AT&T's real mobile 5G s...
2019-06-03, 18:52

Marijuana usage among Americans getting higher and higher: study America’s gone to pot, with the number of marijuana smokers spiking dramatically— even in states where it’s illegal — in recent years, a new stu...
2019-08-05, 17:26

CVS Health raises 2019 profit forecast after beating profit estimates CVS Health Corp raised its full-year profit forecast and reported higher-than-expected second-quarter results on Wednesday, as increased U.S. prescri...
2019-08-07, 13:52

Deutsche Bank Has Proposed Replacing Americas CEO With Investment-Bank Finance Chief Deutsche Bank executives have sought to promote the finance chief of the investment bank to replace the current Americas CEO, an important role respon...
2019-06-19, 10:52

Deutsche Bank to quit equities, shrink investment bank in 7.4 bln euro overhaul Deutsche Bank said on Sunday it plans exit its global equities business and scale back its investment bank in a sweeping, 7.4 billion euro overhaul de...
2019-07-07, 12:26

Deutsche Bank plans radical overhaul with €50bn hived off to 'bad bank' – reports The struggling German lender will move poorly performing assets and drastically shrink its investment banking arm, the FT saysDeutsche Bank has drawn ...
2019-06-17, 02:26

CITIC Bank Private Bank: Success = Technology + Human Touch CITIC Private Bank is leading Chinese private wealth managers in the adaptation of technology, but it is not forgetting the most important element of ...
2019-05-21, 13:26

Deutsche Bank CEO readies investment bank cuts as stock hits low Deutsche Bank's chief executive is prepared to make "tough cutbacks" in its investment banking business, whose future is in doubt after several failed...
2019-05-23, 06:01

Deutsche Bank CEO pledges tough investment bank cuts as shares hit low Deutsche Bank's chief executive promised shareholders "tough cutbacks" at its underperforming investment bank on Thursday as he battled to convince th...
2019-05-23, 10:01

Deutsche Bank CEO to invest 25% of fixed salary in bank's shares - source Deutsche Bank Chief Executive Officer Christian Sewing is planning to invest a quarter of his fixed salary in the bank's shares, a person with knowled...
2019-07-09, 07:52

Deutsche Bank CEO to invest 25% of fixed salary in bank's shares: source Deutsche Bank Chief Executive Officer Christian Sewing is planning to invest a quarter of his fixed salary in the bank's shares, a person with knowle...
2019-07-09, 09:00

Deutsche Bank's investment bank chief exits in unfolding multi-billion dollar overhaul The head of Deutsche Bank's investment bank agreed to step down on Friday in a sign of the division's waning influence as Germany's largest lender rea...
2019-07-05, 10:39

Chinese central bank steps up liquidity support for smaller lenders after Baoshang Bank takeover The People's Bank of China signaled its readiness to supply smaller banks with a steady stream of cash after the takeover of a troubled lender, l...
2019-06-06, 06:52

Deutsche Bank is kicking off a brutal cull of 18,000 jobs as part of a $8.3 billion overhaul. Here's what we know about what's going on at the German bank. Reuters/Kai Pfaffenbach Deutsche Bank CEO Christian Sewing revealed a sweeping overhaul of Germany's biggest bank after a supervisory board meeting o...
2019-07-08, 06:26

Exit of Deutsche Bank's investment bank chief marks end of era The head of Deutsche Bank's investment bank agreed to step down on Friday in a sign of the division's waning influence as Germany's largest lender pre...
2019-07-05, 11:26

Western Europe's best bank bank for corporate responsibility 2019: dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy c...
2019-05-30, 12:26

UPDATE 1-Trump defends use of Deutsche Bank, says bank has been 'maligned' U.S. President Donald Trump on Thursday defended his use of Deutsche Bank AG and said the German bank was being "badly written about and maligned," ...
2019-07-11, 11:13

Deutsche Bank is about to undergo its biggest restructuring ever. Here's what we know about what's going on at the German bank. Reuters/Kai Pfaffenbach Deutsche Bank CEO Christian Sewing is expected to announce a sweeping overhaul of Germany's biggest bank after a supervisory ...
2019-07-06, 12:13

Deutsche Bank's bank capital debt back in the red, CDS decline Deutsche Bank's capital boosting Additional Tier I debt issues dropped back into the red on Monday, giving away gains made in early trade following ne...
2019-07-08, 06:52

Deutsche Bank to reportedly set up 50 billion euro bad bank; shares pop over 3% Deutsche Bank is planning to overhaul its trading operations by creating a "bad bank" to hold tens of billions of euros of assets, the Financial Times...
2019-06-17, 05:52

Deutsche Bank may create 'bad bank' for high-risk assets Germany's largest lender is planning to isolate up to €50 billion in high-risk assets, reported the Financial Times. The bank's chief executive has vo...
2019-06-17, 06:52

Bank Holidays 2019: Know About The Dates Before You Head To The Bank Bank Holidays 2019: Bank holidays are closed on seconD and fourth Saturdays of the month and on Sundays. They are also shut on national holidays and f...
2019-08-23, 13:26

Deutsche Bank to set up 50 billion euro bad bank: source Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a ...
2019-06-17, 05:26

U.S. regulators ask Deutsche Bank to explain "bad bank" proposal -FT U.S. regulators have sought explanation from Deutsche Bank AG about its "bad bank" proposal and its impact on U.S. operations at the loss-making Germa...
2019-06-24, 00:52

Deutsche Bank to set up 50 billion euro bad bank in revamp Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a ...
2019-06-17, 13:39

U.S. regulators ask Deutsche Bank to explain 'bad bank' proposal: FT U.S. regulators have sought explanation from Deutsche Bank AG about its "bad bank" proposal and its impact on U.S. operations at the loss-making Germa...
2019-06-24, 02:13

Deutsche Bank U.S. Operations Chief to Leave Bank Deutsche Bank AG’s chief operating officer for the Americas, Kate Clifford, has quit after a little more than a year in the role, according to people ...
2019-06-04, 22:52

Deutsche Bank CEO Signals More Cuts to Investment Bank Chief Executive Christian Sewing signaled Deutsche Bank will shrink its investment bank as it struggles to stabilize the business and regain support f...
2019-05-23, 09:39

Deutsche Bank's bad bank a 'pimple on the backside' As part of a major restructuring plan, Germany's largest lender is setting up a new unit to isolate €74 billion in toxic assets. So-called bad banks h...
2019-07-24, 07:13

Deutsche Bank to set up 50 billion euro bad bank Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a ...
2019-06-17, 07:00

Deutsche Bank to set up 50 billion euro bad bank: FT Deutsche Bank is planning to overhaul its trading operations by creating a "bad bank" to hold tens of billions of euros of assets and shrinking or shu...
2019-06-16, 19:39

UPDATE 1-Deutsche Bank to set up 50 bln euro bad bank -FT Deutsche Bank is planning to overhaul its trading operations by creating a "bad bank" to hold tens of billions of euros of assets and shrinking or shu...
2019-06-16, 23:26

What’s a Bad Bank and How Can It Help Deutsche Bank? When a lender is in trouble and decides to switch strategy, the solution can be what’s commonly referred to as a “bad bank.” It’s a plan that Deutsche...
2019-07-06, 05:00

Trade War: Adding up the Costs US trade policy on China is evolving rapidly with new tariffs set to go into place on Sept 1 and Dec 15, adding to the costs of the Sino-US trade war....
2019-08-23, 18:39

The Costs of Trying—and Failing—to Be a Teen Influencer  The documentary Jawline observes the life of Austyn Tester, a teenage broadcaster on the platform YouNow who is trying to find success online with the...
2019-08-21, 20:26

Deal: Unlocked Moto G6 costs just $80 ($170 off) at Best Buy The launch of the Moto G7 series made the previous generation quite cheap. You can grab a Moto G6 at half the price more often than not these days, es...
2019-06-22, 21:13

Developers Sue Apple Over App Store Costs Developers have sued Apple over the costs associated with selling apps on the company’s App Store, accusing the tech business of monopolizing iOS app ...
2019-06-04, 14:52

EU weighs costs of punishing Poland The EU has given Warsaw two months to show it takes its own judicial independence seriously or risk possible funding cuts in the new EU budget. But wo...
2019-07-19, 07:26

This Japanese Burger Costs $1,000 - Here's What It Tastes Like One thousand dollars is the cost of one of the world's most expensive burgers, served at The Oak Door Steakhouse at the Grand Hyatt at Tokyo, Japan. A...
2019-06-19, 08:52

Daimler to cut administration costs by 20%, report says Incoming boss Ola Kaellenius is working on a cost-cutting program, dubbed "Move," to reach profit margin targets threatened by trade talks and product...
2019-05-21, 08:38

We sell our pizzas for $16.50. Here's how the costs break down. The day my boyfriend put giardiniera on a pizza changed my life forever. That boyfriend, now my husband, is a third-generation pizza maker, and his su...
2019-06-18, 06:26

Tariffs add new costs to home remodeling CNBC's Diana Olick takes a look at how President Trump's new tariffs on Chinese goods are adding $2.5 billion in added costs to the home rem...
2019-05-21, 08:52

5G home broadband deals are here thanks to Three - here's how much it costs You'll have had to be living under a rock for the past few months not to have at least heard of 5G. It's all set to be the new normal for gl...
2019-08-20, 09:52

Owning a Home Costs Way More Than Just the Mortgage The hidden costs of homebuying aren’t secrets, per se—they’re expenses that are hard to predict if you’re in the process of shopping for a home....
2019-05-30, 13:13

One Of the Smallest USB-C PD Battery Packs We've Ever Seen Only Costs $15 [Exclusive] Until very recently, USB-C Power Delivery battery packs were exclusively large. Like 20,000mAh or more, and a few pounds to boot. But if you don’t nee...
2019-05-29, 13:52

PG&E sees billions more in wildfire costs in 2019 Crippled California power company PG&E Corp reported a rise in quarterly losses on Friday and forecast more costs related to the 2017 and 2018 wildfir...
2019-08-09, 09:39

New Apex Legends Axe Costs $170 In Coin Packs They say you’ve got to spend money to make money. In the case of Apex Legends’ new event, you’ll have to spend $160 to earn the opportunity to spend $...
2019-08-14, 17:39

How to get hitched within 24 hours in the city — and it only costs 25 bucks Getting married at New York City Hall is like going to the DMV — except everyone is beaming with joy. Family, friends, soon-to-be-spouses, even city e...
2019-06-19, 17:52

Telltale's Minecraft Currently Costs $700 On Xbox 360 (But You're Not Supposed To Buy It) If you really think about it, all video games—dazzling feats of technical mastery assembled over the course of countless man hours—are priceless. But ...
2019-06-18, 19:26

Notorious B.I.G.’s ‘one-room-shack’ now costs $4K a month “It was all a dream” is right. The “one-room shack” in Brooklyn that Notorious B.I.G rapped about living in as a child is curr...
2019-06-20, 00:26

PG&E Losses Widen as Fire Costs Rise PG&E reported a steep second-quarter loss as the utility contended with costs associated with wildfire-related lawsuits, bankruptcy and efforts to rep...
2019-08-09, 23:39

New Apple monitor stand costs as much as an iPhone Apple made waves Monday with a computer monitor stand that costs as much as its latest iPhone. The $999 Pro Stand is designed to hold up Apple’s new $...
2019-06-04, 22:39

Daimler Plans To Cut Administration Costs By 20%: Report Incoming Daimler boss Ola Kaellenius is working on a cost cut program to reach profit margin targets which are threatened by global trade woes and ram...
2019-05-21, 09:00

World needs to embrace hydrogen challenge, cut costs: IEA The world should take up the challenge to boost the use of hydrogen as a potentially emissions-free source of energy, the International Energy Agency ...
2019-06-14, 03:26

Housing costs exacerbate income inequality Households with incomes in the top 25 percent have seen their housing costs fall, while those with incomes in the bottom 10 percent have seen housing ...
2019-06-13, 11:39

SiriusXM's student plan only costs $4 per month SiriusXM thinks it has a simple way to get the back-to-school crowd listening to radio: offer it at an extremely steep discount. The satellite radio p...
2019-08-21, 13:26

The Latest: Chipotle says tariffs could increase costs $15M WASHINGTON (AP) — The Latest on scheduled talks between the U.S. and Mexico (all times local): 11:45 a.m. Restaurant chain Chiptole Mexican Grill says...
2019-06-03, 11:52

Daimler cuts outlook over Dieselgate costs The German automaker says its 2019 operating profit will be the same as last year, due to a huge vehicle recall bill. Authorities have ordered the rec...
2019-06-23, 22:52

Serco to pay £22.9m in fines and costs over electronic tag scandal Serco, the outsourcing company, has agreed to pay £22.9m in fines and costs in a settlement with the Serious Fraud Office (SFO) relating to its e...
2019-07-03, 03:39

College costs rising faster than inflation College costs are about to get even higher. The Higher Education Price Index is forecasting inflation for U.S. colleges and universities to increase b...
2019-05-28, 09:13

Beverage Companies Embrace Recycling, Until It Costs Them They have pledged to help fix U.S. recycling, but for decades the companies have fought against “bottle bills,” which result in more bottles and cans ...
2019-07-04, 07:52

BMW second-quarter hit by rising costs of manufacturing, emissions BMW stuck to its outlook on Thursday even as second quarter earnings fell by 20%, hit by the rising cost of manufacturing, currency headwinds and emi...
2019-08-01, 02:39

Retiring this year? How much you'll need for health-care costs A 65-year-old couple in good health could shell out close to $390,000 in medical expenses, according to HealthView Services. Here's why the bill ...
2019-07-18, 16:13

How to shave your tax bill — and your Medicare costs in retirement A flush 401(k) is just one thing you'll need to cover your retirement costs. Sock some money into Roth accounts and your taxable accounts to help...
2019-07-24, 20:01

Boeing warns of soaring 737 Max grounding costs US aircraft giant Boeing has warned that it faces spiraling costs and plummeting revenue after the global grounding of its 737 Max passenger jets. The...
2019-07-18, 23:39

Crossrail is £2.8bn over budget - and MPs warn costs will rise further MPs have launched a blistering attack on the Department for Transport (DfT) and Transport for London (TfL), as ballooning costs and long delays contin...
2019-07-19, 12:13

Politeness costs nothing, but it may stop people understanding you Researchers looking at a Q&A website found well-mannered questions were popular, but didn’t always receive the best answersDoes it always pay to be po...
2019-05-22, 02:39

Daimler to Cut Costs After First Quarterly Loss in 10 Years The maker of Mercedes-Benz cars said it would step up cost-cutting efforts in the second half of the year after reporting the company’s first quarterl...
2019-07-24, 04:26

Fed's Mester: Too Soon To Say What Happens Next With Rates Cleveland Fed President Loretta Mester said she is open to lowering rates if the economic outlook deteriorates, but she also questioned whether cuttin...
2019-07-02, 15:39

Daimler says all costs under scrutiny after moderate start to 2019 Daimler's outgoing chief executive said on Wednesday that all of the luxury carmaker's costs were under review as he expressed dissatisfaction with th...
2019-05-22, 06:39

BMW Q2 results hit by rising costs of making greener vehicles BMW said investments in property, plants and equipment rose 39 percent in the quarter as it retooled factories to build new models and more flexible p...
2019-08-01, 09:52

Jet fuel costs could rise from new rules to improve air quality Prices for jet fuel for later this year and into 2020 are expected to rise due to new marine fuel regulations - as the need for lower-sulfur fuels in ...
2019-06-10, 17:26

Softbank's Arm Holdings eases upfront license costs Arm Holdings, the British chip technology firm whose designs underlie mobile phone chips, is changing its licensing model to pursue a bigger customer ...
2019-07-16, 10:26

Trump's tariff on Mexico could hit U.S. refiners, add to fuel costs U.S. President Donald Trump's threats to tax Mexican imports could disrupt a long-standing cross-border energy trade, hitting U.S. refiners that use M...
2019-05-31, 12:52

Volvo will cut costs by $214M as trade war dents profits Volvo said the new cost measures will start in the second half and run to the first half of 2020. The company is the latest automaker to warn that pri...
2019-07-18, 08:26

Trade war costs overpower tax-cut gains at Cummins. Consumers may be next At enginemaker Cummins Inc., the costs of President Trump's trade war have already topped savings from sweeping corporate tax cuts enacted by a Republ...
2019-06-16, 00:13

New York City Will Pay Abortion Costs for Those Traveling From Other States New York City has set aside $250,000 to cover abortion expenses for uninsured people with a third of the money specifically earmarked for those travel...
2019-06-16, 18:00

Space insurance costs to rocket after satellite crash Space rockets and satellites are likely to cost more to insure after the European Vega rocket crash this month, which hit insurers with a record space...
2019-07-31, 12:13

This New Treatment Could Save the Lives of Babies. But It Costs $2.1 Million. The price set by the Swiss drugmaker Novartis may be the world’s highest for a single treatment — prompting renewed debate about how society will pay ...
2019-05-24, 17:26

Review: ‘Rockonomics’ Schools Us in the Costs and Benefits of Creativity The suicide earlier this year of Princeton economics professor, Alan B. Krueger, colors the reading of his final book: a highly personal exploration o...
2019-06-03, 15:00

Volvo Cars to cut costs as trade war dents profits Volvo on Thursday announced plans to cut fixed costs by 2 billion Swedish crowns ($214 million), becoming the latest carmaker to warn that pricing pre...
2019-07-18, 04:13

Air Force diverted $66M from projects for chemical cleanup costs The U.S. Air Force diverted more than $66 million to cover the cleanup costs of harmful "forever chemicals" in the water supply, according to an analy...
2019-06-14, 12:13

Deere to slash costs after trade war hits earnings Deere & Co. on Friday announced a review of costs after a combination of the U.S.-China trade war and bad weather dented its quarterly profits, forci...
2019-08-16, 13:39

Lack of breastfeeding costs global economy nearly $1B every day: researchers A new website developed by researchers in Canada and Asia showed that the world could have saved $341 billion each year if mothers breastfeed their ch...
2019-07-12, 15:13

‘Catastrophic’ healthcare costs put mothers and newborns at risk Pregnant women are putting their lives and their babies at risk because of “catastrophic” and prohibitive healthcare costs before, during and after ch...
2019-06-03, 11:52

Cable, streaming or sports bar? How much it costs to watch the NBA finals Even as more and more Canadians are cutting cable, more of us are watching the NBA Finals — whether that’s on streaming services or out at a sports ba...
2019-06-11, 20:52

How to cut your car service costs: cheaper servicing, MoTs and repairs Tips & advice 18 Jun, 2019 Look after your car and you'll help reduce your everyday costs, but you can also save money on servicing...
2019-06-18, 11:39

Indiana fetal remains law could boost costs for abortions INDIANAPOLIS (AP) — Planned Parenthood officials expect greater expenses for abortions in Indiana following a U.S. Supreme Court ruling upholding a st...
2019-05-29, 19:26

The climate costs of a plastic planet | Carroll Muffett Every stage of the plastic lifecycle releases harmful carbon emissions into the atmosphere, contributing to global heatingUpset about the plastic cris...
2019-06-27, 16:00

EPA cuts 40 regulations, saves $3.6B, seeks balance on costs Aiming to erase the “fuzzy math” past administrations used to hide the costs of politically favored policies, the Environmental Protection Agency is p...
2019-06-11, 11:52

Trump says talks with South Korea under way over defense costs President Donald Trump said on Wednesday discussions have begun with South Korea, aimed at getting the country to pay more for the cost of maintaining...
2019-08-07, 10:52

FIA insists hybrid move won't hurt WRC costs or competitiveness The World Rally Championship will not be any less competitive or cost effective when it moves into its hybrid era in 2022, insists FIA rally director ...
2019-06-05, 08:39

Samsung's Galaxy Note 10 is a tiny bit smaller and costs less than before At a typically lavish event in Brooklyn this afternoon, Samsung is making an announcement that surprises exactly no one: the Galaxy Note 10 is here. W...
2019-08-07, 23:13

U.S. first-quarter unit labor costs revised down sharply U.S. unit labor costs were weaker than initially thought in the first quarter and costs declined in the prior period, suggesting inflation could remai...
2019-06-06, 09:13

What a typical home costs in your state. Can you guess which is the most expensive? 24/7 Wall St. reviewed median home value from the U.S. Census Bureau American Community Survey to determine what a typical home costs in every state. ...
2019-06-30, 09:13

WHO agrees watered-down resolution on transparency in drug costs World Health Organization members agreed on Tuesday to push for clearer drug pricing but stepped back from proposals by activists to force pharmaceuti...
2019-05-28, 07:26

Oil costs plunge to January low as trade war dents demand Global oil costs have hit their lowest level since January as demand is dented by the effects of the US-China trade war, according to market analysts....
2019-06-04, 08:39

15 places in the US where it costs nearly twice as much to rent a house during high season Eugene Gologursky/Getty Images Rental data company AirDNA compiled a list of the most seasonal vacation destinations where owners can expect to see p...
2019-08-02, 20:39

Chile to account for costs of climate change in budget Chile will begin budgeting for the costs of fighting climate change, Finance Minister Felipe Larraín announced on Tuesday, as receding glaciers and dr...
2019-08-22, 04:26

Physician Burnout Costs the U.S. Billions of Dollars Each Year Burnout, characterized by emotional exhaustion as well as feeling cynical, ineffective or unaccomplished at work, is bad for both employees and employ...
2019-05-28, 08:13

Elon Musk: Tesla needs to cut costs or it will run out of money in 10 months Defying skeptics, Tesla during the September quarter of 2018 actually managed to turn a profit of $312 million thanks to strong demand for the mass ma...
2019-05-21, 09:00

New York Farmers Bruised by Increased Labor Costs New York farmers say they are straining under increased costs as a worker shortage has forced them to use a federal visa program to bring in temporary...
2019-06-24, 04:13

Daimler vows to cut costs after one-offs bring loss Luxury carmaker Daimler said it would intensify cost cuts after legal risks for diesel-related issues and the cost of replacing Takata airbags trigge...
2019-07-24, 06:52

Gillibrand’s Family Bill of Rights would cut parents’ costs WASHINGTON (AP) — Democratic presidential candidate Kirsten Gillibrand (KEER’-sten JIHL’-uh-brand) has released a Family Bill of Rights th...
2019-05-22, 07:13

Greenland to Trump: Thanks for Your Interest! Unfortunately You Definitely Can't Buy Us Greenland: seems nice! It’s a land of many glaciers (which are melting) and copious natural resources (which can be exploited to melt the glaciers fas...
2019-08-16, 21:39

Is Trump the reason the Fed is about to cut rates? U.S. President Donald Trump's repeated calls for easier monetary policy may not be what's driving the Federal Reserve to cut interest rates on Wednesd...
2019-07-31, 15:00

Is Trump the reason the Fed cut rates? U.S. President Donald Trump's repeated calls for easier monetary policy may not be what drove the Federal Reserve to cut interest rates on Wednesday....
2019-07-31, 18:13

Here are the best Dow stocks to buy on the day Fed cuts rates The Federal Reserve is expected to cut rates this week for the first time since 2008, potentially giving investors the green light to play offense. He...
2019-07-31, 13:13

Fed's Kaplan says U.S. rates are on the right setting: FOX The U.S. economy should grow at a solid 2.25-2.50% rate this year, with inflation moving up to the Federal Reserve's target, putting rates in the righ...
2019-05-22, 17:52

Gold: Driven By Rates Gold has been rallying amid expectations for the Fed's pause on rate hikes turning into a rate cut this week. Can the yellow metal top $1,600 an ounce...
2019-07-31, 15:13

Where to Invest When the Fed Cuts Rates Many believe the Federal Reserve is pivoting from raising interest rates to lowering them once again. Investors say rate cuts will spur spending and p...
2019-07-07, 05:39

Walmart Grocery's Amazon Prime Now rival costs $98 per year Walmart knows that it needs to have a stellar delivery service in order to compete with Amazon, which is why it's been rolling out Prime-like off...
2019-06-16, 09:13

Health-care costs are going up so quickly, they're devouring your salary increases Even if you have health insurance through work, you can expect to spend a hefty amount of money on care for yourself and your family. Premiums are onl...
2019-08-19, 22:13

Amazon is passing along costs of a new digital tax to thousands of French sellers Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French governmen...
2019-08-19, 04:26

UPDATE 4-Trump's Mexican tariffs could hit U.S. refiners, add to fuel costs U.S. President Donald Trump's threats to tax Mexican imports could disrupt a long-standing cross-border energy trade, hitting U.S. consumers and refin...
2019-05-31, 20:26

UN Development administrator: 'Economic growth at all costs' doesn't always work When a government is trying to lift its citizens out of poverty, a big part of its plan is usually focused on economic growth. But according to Achim ...
2019-06-01, 16:39

China To 'Fight At All Costs' For 'Reunification' With Taiwan: Defence Minister China will fight anyone who tries to interfere in its "reunification" with Taiwan, Defence Minister Wei Fenghe said on Sunday in a combative speech pe...
2019-06-02, 03:13

UAW Talks Open With Labor Costs Rising, Slowdown Looming After years of prosperity, car companies in Detroit are entering contract talks with the UAW this week. Their top concern is capping fast-rising labor...
2019-07-16, 11:26

South Koreans protest renegotiating costs of U.S. military presence South Korean protesters gathered outside the presidential Blue House on Tuesday to voice opposition to the upcoming military cost-sharing renegotiati...
2019-08-20, 14:26

GameStop cuts costs to deal with plunge in console sales The PS4 and Xbox One are clearly approaching the end of their main lifecycles, and that's doing serious damage to GameStop's bottom line. T...
2019-06-04, 21:39

Germany should cut taxes to offset costs of curbing emissions: minister Germany's economy minister said he would support reducing or scrapping the so-called eco-tax on electricity should the government decide to raise pric...
2019-06-05, 16:13

Brazil's Petrobras says fuel theft costs exceed $39 million The cost of fuel thefts taking place in oil and gas pipelines operated by Brazil's state-controlled Petroleo Brasileiro SA exceed 150 million reais ($...
2019-06-07, 13:13

10 things that stood out from our examination of recruiting costs for Power Five schools College basketball and college football programs spend a lot on recruiting. 10 takeaways from an examination of Power Five public schools expenses. &...
2019-08-22, 20:00

Netflix costs as much as $16 per month – guess how much more people are willing to spend on streaming Netflix has apparently done a good job of training people to expect to pay only rock-bottom prices for a streaming video subscription service. A new p...
2019-07-24, 19:52

Skyrocketing costs of living: The most expensive places to live in every state 24/7 Wall St. used the Economic Policy Institute’s Family Budget Calculator to identify the most expensive place in every state.   &#...
2019-07-18, 10:52

Controversial Penalty Costs Sebastian Vettel Victory in Canada Lewis Hamilton equaled Michael Schumacher’s famed 7 victories at the Canadian Grand Prix Sunday after FIA stewards awarded Sebastian Vettel a 5-second...
2019-06-09, 16:52

Ben Carson takes aim at red tape blamed for soaring housing costs State and local governments are driving up the cost of housing through a web of regulations, industry groups and federal officials say – a situation t...
2019-06-10, 10:52

Apple may use Chinese OLED screens to cut costs of 2020 iPhones The first 5G iPhones could offset higher modem prices by using less expensive Chinese screens, if a key vendor receives Apple screen certification.Rea...
2019-08-21, 12:00

Boeing Reports $3.4 Billion Loss for Second Quarter as 737 Max Costs Rise The aerospace giant experienced a 35 percent drop in sales for the quarter, largely because the troubled jetliner remains grounded after two deadly cr...
2019-07-24, 12:13

UPDATE 3-Trump's Mexican tariffs could hit U.S. refiners, add to fuel costs U.S. President Donald Trump's threats to tax Mexican imports could disrupt a long-standing cross-border energy trade, hitting U.S. consumers and refin...
2019-05-31, 18:13

Fannie and Freddie Changes Could Lower Housing Costs for Millions of Americans Starting Monday, the U.S. government is making what’s widely described as the biggest change in a generation to the inner workings of the roughly $4.4...
2019-06-03, 16:52

ICE program cuts deportation costs to just $80, local cops embrace Sheriffs on the front lines of the surging illegal immigration crisis are pushing back against pro-sanctuary advocates who claim helping Immigration a...
2019-06-03, 12:26

Dispute over fate of Amazon costs Brazil aid from Germany, Norway Mounting tensions between Brazil and its European donors over the preservation of the world’s largest tropical rainforest are threatening to undermine...
2019-08-20, 23:39

German firm sets aside millions for Brazil dam disaster costs TÜV Süd had certified the structure shortly before it collapsed in January, leaving 270 dead. Faced with a number of lawsuits, the company has now put...
2019-08-20, 14:52

Sadiq Khan criticised after just 35 out of 75,000 employees take up scheme to help with childcare costs Sadiq Khan's record has been criticised after it emerged that only 35 parents had taken up a childcare deposit scheme out of more than 75,000 employee...
2019-06-16, 13:26

Insurance costs rocket for U.S. IPOs as twitchy investors take to courts Companies going public in the United States face insurance costs that have increased as much as 200% in the last three years to cover their executives...
2019-06-17, 21:00

U.S. firms say China tariffs will raise costs, see few sourcing alternatives A wide range of U.S. companies told a hearing in Washington on Monday that they have few alternatives other than China for producing clothing, electro...
2019-06-17, 21:00

Changes to pharmacy benefit manager role could help lower drug costs When Ohio switched its government health coverage program from a fee-for-service model to one of managed care in 2011, it began saving $145 million ea...
2019-06-21, 22:39

US firms say China tariffs will raise costs, see few sourcing alternatives A wide range of U.S. companies told a hearing in Washington on Monday that they have few alternatives other than China for producing clothing, electro...
2019-06-17, 23:39

U.S. solar installation outlook brightens on falling costs -report The U.S. solar energy industry lifted its installation outlook for this year and beyond thanks to robust demand for large-scale projects by utilities ...
2019-06-18, 01:01

U.S. solar installation outlook brightens on falling costs: report The U.S. solar energy industry lifted its installation outlook for this year and beyond thanks to robust demand for large-scale projects by utilities ...
2019-06-18, 10:00

Ford and VW Agree to Share Costs of Self-Driving and Electric Cars A deal announced Friday is an example of how carmakers are joining forces to survive a major shift in technology. But can two longtime rivals cooperat...
2019-07-12, 08:52

Wayfair shares whipsaw as costs build up and loss widens Wayfair shares dropped Thursday after the online furniture retailer reported a larger loss for its fiscal second quarter, as costs for things like adv...
2019-08-01, 10:39

UK inflation back above official target as energy costs rise LONDON (AP) — Official figures show that inflation in Britain rose in April above the Bank of England’s target rate following an uptick in energ...
2019-05-22, 05:52

UPDATE 5-Deere to slash costs after trade war hits earnings Deere & Co. on Friday announced a review of costs after a combination of the U.S.-China trade war and bad weather dented its quarterly profits, forcin...
2019-08-16, 13:13

Agony for Chile as missed penalty against Thailand costs place in last 16 Francisca Lara blew Chile’s chance to dramatically claim a place in the last 16 of the Women’s World Cup. Needing to beat Thailand by three goals in t...
2019-06-20, 17:52

Despite high costs, less than half of hospitals deliver above average care Only 40 percent of the hospitals in the United States have above average safety, quality, mortality and imaging rates and effectiveness of care, accor...
2019-08-15, 00:52

High NYC housing costs contribute to poorer quality of life Millions of New Yorkers pay dearly to keep a roof over their heads, which hurts them in many ways. That’s the warning of state Comptroller Thomas DiNa...
2019-06-23, 02:26

Here's how advisors help clients stay on top of health-care costs in retirement From reviewing medications for cheaper alternatives to trying to pinpoint a client's spending instead of ballparking it, some advisors look close...
2019-05-29, 08:39

College costs are skyrocketing. Here's how to decide if that high price tag is worth it With the student loan crisis gaining ground as a key issue in the 2020 presidential race, a new CNBC and Acorns survey has found that a majority of Am...
2019-07-01, 08:52

New York City Blackout Costs StubHub $500,000 In Ticket Refunds A power outage swept New York City this weekend, leaving streets and metro stations without lights, individuals trapped in elevators, and homes withou...
2019-07-15, 19:52

Tariff Fight Costs China Spot as Top U.S. Trading Partner Escalating tariff disputes between Washington and Beijing cost China its spot as the U.S.’s top trading partner in the first half of the year, as expo...
2019-08-02, 13:00

Owner: Fan-related costs factor into Bills’ stadium decision VANCOUVER, British Columbia (AP) — Buffalo Bills owner Terry Pegula says he’s taking into account how much the small-market team’s fan bas...
2019-06-29, 15:13

Comcast’s “unlimited” mobile plan now costs $20 extra for HD video Enlarge / An Xfinity Mobile phone. (credit: Comcast) Comcast's mobile division is now charging $20 a month extra to watch HD video on unlimited data...
2019-08-02, 18:00

It won't be hard for Facebook to afford a $5 billion settlement with the FTC, but there may be other costs beyond money (FB) Getty Facebook is facing a record penalty of about $5 billion from the Federal Trade Commission — but for the tech giant, that's only about as ...
2019-07-13, 03:52

Facebook Libra digital currency will carry hidden costs When Facebook announced its intention to get into the money business, we wondered what would be next. Its own court system? An army?: Our view  ...
2019-07-03, 21:13

U.S. firms say China tariffs will raise costs, with few sourcing alternatives A broad range of U.S. companies told a hearing in Washington on Monday that they have few alternatives other than China for producing clothing, electr...
2019-06-17, 16:13

BBC pay list: Theresa May says corporation must explain why staff costs are up despite TV licences cut Downing Street has called on the BBC to explain why staffing costs are increasing despite the corporation saying it cannot afford to fund TV licences ...
2019-07-02, 15:26

Trump bid to ease efficiency rules would hike fuel costs, CR says A Consumer Reports analysis counters the administration’s assertions that its plan would reduce traffic fatalities and boost highway safety, and argue...
2019-08-07, 13:26

This little-known metric is key to the Fed’s interest rate decisions Analyzing the employment numbers that came out on July 5 requires a basic understanding of BS. “BS” doesn’t mean what you are thinking. In this case, ...
2019-07-08, 22:39

The Fed should stop its interest-rate games Rather than try to figure out which placebo will best assuage the delicate psychologies of day-traders, the Federal Reserve Board should announce it a...
2019-08-01, 15:26

My wife has lost interest in sex after a hysterectomy She rejects any show of intimacy on my part, and I feel as if my sexual desire for her is pervertedI’m 62, and my wife is 54. We have been married for...
2019-05-28, 05:26

You Probably Don't Know Your Credit Card's Interest Rate Think about the credit cards in your wallet right now. Can you rattle off the rewards you earn for each of them? What about the interest rates: Can yo...
2019-08-22, 16:52

We’re due to get married, but my fiance has lost interest in sex There has always been a problem with our sex life but he refuses to acknowledge it. Now I fear I will end up in a sexless marriage and have started lo...
2019-08-06, 05:26

De Colo expresses interest in returning to NBA Nando De Colo, who last played in the NBA during the 2013-14 season, is looking to make a return after spending the last five seasons in the EuroLeagu...
2019-06-21, 15:39

Oil rises 1.2% on prospect of US interest rate cut Oil prices edged higher on Monday as the prospect of an expected interest rate cut by the U.S. Federal Reserve overshadowed pessimism over U.S.-China ...
2019-08-01, 02:00

Smith: 18 NFL games not in players' best interest NFLPA executive director DeMaurice Smith confirmed to ESPN that the NFL proposed an 18-game schedule in early labor negotiations, as the Wall Street J...
2019-07-12, 23:39

Greenlanders Baffled by Trump Interest President Trump has become entranced by the idea of the U.S. buying this vast, ice-shrouded island. But while Mr. Trump’s interest has drawn mixed rea...
2019-08-19, 04:26

"Rift Between Regulators Not In Anyone's Interest": Airlines On 737 Max Global airlines urged regulators on Sunday to coordinate on software changes to the Boeing 737 MAX, thus avoiding damaging splits over safety seen whe...
2019-06-02, 03:13

Jeremy Lin is starting to draw interest, just not from the NBA yet Nate Robinson can empathize with Jeremy Lin. Lin, who became the first Asian-American to win the NBA championship as a reserve with the Toronto Raptor...
2019-07-31, 12:39

Fed likely to leave rates alone but signal readiness to cut WASHINGTON (AP) — Jerome Powell has tantalized the financial world with the prospect that the Federal Reserve he leads may soon cut interest rates for...
2019-06-17, 13:13

HPV vaccinations for boys could cut cancer rates in men New research suggests that vaccinating boys against human papillomavirus, or HPV, could cut cancer rates related to the virus in men in the long term....
2019-06-27, 18:39

Fed's Rosengren Still Doesn't See Need to Lower Rates Federal Reserve Bank of Boston President Eric Rosengren remains worried that central bank interest-rate cuts are unwarranted and could destabilize the...
2019-08-19, 20:39

Corporate Tax Rates Fall, but Unevenly The impact of the U.S. tax overhaul is coming into focus: Tax rates have fallen sharply at many public companies, and many others that were already to...
2019-07-21, 09:26

Fed Holds Rates Steady, Hints at a Possible Cut Federal Reserve officials agreed to hold steady their benchmark interest rate on Wednesday but hinted they would cut rates in the months ahead if the ...
2019-06-19, 14:13

Fed likely to resist pressure to cut U.S. rates this week The U.S. Federal Reserve, facing fresh demands by President Donald Trump to cut interest rates, is expected to leave borrowing costs unchanged at a po...
2019-06-17, 05:26

Here are the winners and losers if the Fed cuts rates Jay Jacobs of Global X Funds says a Fed rate cut will be challenging for banks, but the technology sector and energy pipeline companies could benefit....
2019-07-16, 05:13

Car2go will raise hourly rates by up to a third Car2go just became slightly less viable as a replacement for owning a personal ride. The rental service has introduced a variable-rate pricing system...
2019-08-09, 18:52

U.S. Suicide Rates Are the Highest They’ve Been Since World War II U.S. suicide rates are at their highest since World War II, according to federal data—and the opioid crisis, widespread social media use and hig...
2019-06-20, 07:52

Fed may cut rates if inflation keeps disappointing: Bullard Further weakness in inflation could prompt the U.S. Federal Reserve to cut interest rates, even if economic growth maintains its momentum, James Bulla...
2019-05-22, 03:26

INSIGHT-Asset managers farm out trading as costs and complexity climb It's 10 o'clock at night, and Benjamin Arnold's day is just beginning. The former Goldman Sachs trader is gearing up to trade equities in Asia from hi...
2019-08-05, 22:39

Rio Tinto Faces Delays, Added Costs for Big Copper-Mine Project Rio Tinto said it will take longer and cost more than expected to finish building one of the world’s biggest copper mines in Mongolia’s remote souther...
2019-07-16, 03:39

Naval warships, faced with steep maintenance costs, fight to survive The Battleship Texas, the last remaining World War I dreadnought, will be moving from its location on the Houston Ship Channel to another spot along t...
2019-07-02, 15:26

France's women smash TV viewing records, advertising costs spike France is once again gripped by football fever -- a year after the men's national team triumphed on the world stage, the women's team is cruising thro...
2019-06-17, 11:52

RPT-INSIGHT-Asset managers farm out trading as costs and complexity climb It's 10 o'clock at night, and Benjamin Arnold's day is just beginning. The former Goldman Sachs trader is gearing up to trade equities in Asia from hi...
2019-08-06, 02:52

Mitsubishi quarterly earnings tumble on reduced deliveries, forex, r&d costs Mitsubishi kept its previously announced earnings outlook for operating profit to decline 19 percent in the current fiscal year ending March 31, 2020,...
2019-07-24, 10:52

UPDATE 1-Toyota, Subaru team up to develop electric SUV in battle against costs Toyota Motor Corp and Subaru Corp on Thursday said they plan to jointly develop a battery-electric sport-utility vehicle (SUV) on a platform produced ...
2019-06-06, 02:13

NFL to cover Miami Dolphins' Kendrick Norton's medical costs after arm amputation The medical bills of Miami Dolphins defensive lineman Kendrick Norton, whose arm was amputated following a car crash, will be covered under the NFL an...
2019-07-11, 03:13

Disney earnings miss forecasts as costs rise for its streaming future Walt Disney Co reported a steeper earnings decline than Wall Street expected on Tuesday as the company poured money into its ambitious plunge into st...
2019-08-06, 22:52

Hyundai Kona Electric's Running Costs Lower Than A Creta Petrol Hyundai India launched its first electric SUV in the country. This is the first ever electric SUV for India too and it's priced at Rs. 25.30 lakh. Hyu...
2019-07-10, 07:26

Your Money: Big companies explore virtual care to curb healthcare costs Big companies are increasing incorporating virtual technology and care options into employee benefit plans to combat the rising healthcare costs that ...
2019-08-14, 05:00

US briefing: Iran shoots down US drone, sea wall costs and Biden under fire Thursday’s top story: US-Iranian tensions escalate amid dispute over an American drone. Plus, Joe Biden criticised for working with segregationist sen...
2019-06-20, 14:26

Poland removes power price cap for big clients despite attempts to curb costs Poland's parliament removed a power price cap for big customers late on Thursday, dashing industry hopes the government would be able to curb spiralli...
2019-06-14, 03:00

REFILE-UPDATE 1-Volvo Cars to cut costs as trade war dents profits Volvo on Thursday announced plans to cut fixed costs by 2 billion Swedish crowns ($214 million), becoming the latest carmaker to warn that pricing pre...
2019-07-18, 04:39

Employee health benefits' costs expected to rise 5% in 2020, new survey says The total cost of worker health benefits is expected to top $15,000 per employee, according to the National Business Group on Health annual survey of ...
2019-08-13, 15:52

Illegal fishing by foreign trawlers costs Ghana $50m a year, researchers say Destructive industrial fishing practices condemned as ‘corporate, organised crime’ Illegal fishing by foreign trawlers is decimating Ghana’s fish popu...
2019-06-17, 06:52

China state media urges U.S. to drop win-at-all-costs trade stance Instead of waging a trade war with China, the United States should drop its win-at-all-costs mentality and consider the interests of its own people as...
2019-06-22, 02:39

Dicey online diamond deal costs Michigan couple thousands Consumers are out thousands of dollars after trying to buy diamonds online. A New York-based firm called Enchanted Diamonds filed for bankruptcy . &#...
2019-07-04, 11:13

UPDATE 2-U.S. firms say China tariffs will raise costs, see few sourcing alternatives A wide range of U.S. companies told a hearing in Washington on Monday that they have few alternatives other than China for producing clothing, electro...
2019-06-17, 18:13

UPDATE 1-Insurance costs rocket for U.S. IPOs as twitchy investors take to courts Companies going public in the United States face insurance costs that have increased as much as 200% in the last three years to cover their executives...
2019-06-17, 17:13

White House bid to ease efficiency rules would hike fuel costs, CR says A Consumer Reports analysis counters the administration’s assertions that its plan would reduce traffic fatalities and boost highway safety, and argue...
2019-08-07, 11:39

Essity to try making pulp from wheat straw to stem rising costs Swedish hygiene products maker Essity said on Thursday it will build a test plant in Germany to produce pulp from wheat straw and other plant-based ag...
2019-05-24, 11:52

EPA rejects auditor’s call to recoup $124,000 in travel costs from ex-boss Pruitt Months after he resigned as administrator of the EPA over concerns about his business and first-class travel, a watchdog has recommended that the agen...
2019-05-21, 20:52

VIX Futures Open Interest Reaches New High CHICAGO, IL -- January 11, 2013 -- The CBOE Futures Exchange, LLC (CFE®) announced that open interest in futures on the CBOE Volatility Index® (VIX® I...
2019-05-23, 14:52

Still scope for US interest rate cut, says IMF's chief economist There is still room for the U.S. Federal Reserve to cut interest rates, the International Monetary Fund's (IMF) chief economist suggested ahead o...
2019-06-19, 07:26

Fed chairman hints at first interest rate cut in over a decade Shares on Wall Street rose on the comments, with the S&P 500 briefly hitting a new record as it moved above 3,000 for the first timeThe US looks incre...
2019-07-10, 14:52

Red Sox have trade interest in Kirby Yates, Ken Giles The July 31 trade deadline is rapidly approaching. The Yankees won’t stop winning. The Red Sox are running out of time. Now sitting 11 games out...
2019-07-22, 13:13

Acting FDA chief says regulators don't know much about CBD despite 'explosion of interest' Despite the buzz around CBD, regulators don't know much about the safety of adding the cannabis compound to food, dietary supplements and other c...
2019-05-31, 09:00

China may need more than a new interest rate to stimulate its economy Analysts generally doubt how effective the People Bank of China's latest interest rate announcement will be in significantly helping businesses g...
2019-08-21, 06:52

When did we lose interest in hobbies? | Coco Khan Remember hobbies? It’s what people had before we became personal brands, primed to earn above all elseRecently I dropped by a friend’s flat unannounce...
2019-08-23, 21:26

Trump confirms interest in Greenland purchase US President Donald Trump has confirmed his interest in buying Greenland from Denmark, saying the area was "strategically" interesting. Denmark and Gr...
2019-08-19, 06:13

PCSD looks for person of interest in May 20 armed robbery TUCSON – Pima County Sheriff’s Department needs your help in identifying a person of interest that may have information about a recent bank robbery. O...
2019-05-31, 00:13

Move Over Roseanne: Is Dan Getting a The Conners Love Interest? Is Dan Conner ready for love? The iconic TV character played by John Goodman on Roseanne and The Conners may be moving on from his beloved Roseanne Co...
2019-08-20, 11:00

Philadelphia Fed's Harker Sees No Need for Interest-Rate Changes Philadelphia Fed President Patrick Harker said he doesn’t see a compelling reason to lower interest rates given the apparent strength of the U.S. econ...
2019-07-09, 10:39

Australia cuts key interest rate to record low 1.25% MELBOURNE, Australia (AP) — Australia’s central bank has cut its benchmark interest rate by a quarter of a percentage point to a new record low ...
2019-06-04, 01:52

Amazon seen spreading its tentacles to 5G with T-Mobile interest One influential analyst called Amazon.com's reported interest in the U.S. wireless market "batshit crazy." Another said it was a "trojan horse" to kil...
2019-05-31, 18:00

Uber and Ola hail interest in Addison Lee deal Uber Technologies and Ola, the Indian ride-hailing app, have expressed an interest in acquiring Addison Lee Group, potentially opening a new competiti...
2019-07-24, 07:52

VW denies report of interest in Tesla stake A German business magazine reported VW CEO Herbert Diess is interested in buying a stake in Tesla. The automaker said the report is "without merit."...
2019-08-23, 03:39

Opinion: EU chooses self-interest over compassion for refugees In the EU's game of "refugee bingo," far-right Italian Interior Minister Minister Matteo Salvini can only win. He has little reason to give in to stat...
2019-07-18, 16:52

Iran’s bitcoin interest should have the world concerned The Associated Press reported last week that there is a boom in bitcoin use — in Iran. “Some observers have warned that cryptocurrencies could be used...
2019-07-23, 01:39

A Recap Of RBI Key Interest Rate Changes In Past One Year RBI interest rate: While many economists expect the six-member panel to announce a reduction in repo rate, analysts will keenly look out for any steps...
2019-06-05, 11:13

Indeed: AI job-posting rate slows and interest dips Job-posting growth for AI jobs has slowed, and interest in these jobs is also dipping compared to a year earlier, according to job site Indeed.Read Mo...
2019-06-28, 09:13

Conflict Of Interest Issue Likely To Be Discussed At COA Meet  The BCCI ethics officer D K Jain asked VVS Laxman and Sourav Ganguly to choose one out of the multiple cricketing roles they are performing at the mom...
2019-06-28, 08:26

BlackRock sees Fed cutting U.S. rates by 25-50 bps 'over the next few months' The Federal Reserve may reduce key U.S. interest rates by between 25 and 50 basis points in the coming months due to global trade conflicts and signs ...
2019-06-07, 16:39

Mortgage applications surge as rates drop Mortgage rates are hitting their lowest level in 2 years. Matt Graham, Mortgage News Daily, and CNBC's Diana Olick join the 'The Exchange�...
2019-06-12, 16:52

U.S. 30-year mortgage rates fall below 4% - Freddie Mac Interest rates on U.S. 30-year fixed-rate mortgages fell below 4% for the first time since January 2018 in step with declining U.S. bond yields due to...
2019-05-30, 11:52

Ryanair 'hikes fares with rip-off exchange rates' Holidaymakers who book Ryanair flights from abroad are paying inflated fares after being slapped with rip-off exchange rates, a consumer group has sai...
2019-06-14, 08:52

Petrol Prices Lowered Nearly 2% In May, Diesel Rates Down 0.3% Domestic petrol and diesel prices were lowered nearly 2 per cent this month. In Delhi and Mumbai, the price of petrol was decreased by Rs 1.40 per lit...
2019-05-31, 07:26

How Petrol And Diesel Rates Have Changed In Last Few Weeks Petrol price today:With effect from 6 am on May 24, the price of petrol was revised to Rs 71.39 per litre in Delhi and Rs 77 per litre in Mumbai, from...
2019-05-24, 00:52

RBI To Cut Rates In June, But Analysts Split On If It Should: Poll Under Governor Shaktikanta Das, who took over as RBI governor from Urjit Patel in December last year, the central bank delivered rate cuts at its prev...
2019-05-29, 04:52

Did Netflix’s 13 Reasons Why really increase suicide rates? A study shows that a rise in suicide among children age 10 to 17 occurred after Netflix’s 13 Reasons Why was released, but the show may not be to blam...
2019-05-21, 09:26

Seniors should avoid this mistake as the Fed lowers rates Lower interest rates on savings accounts and certificates of deposit are now making equity returns seem even more attractive. Here's why you shou...
2019-07-31, 15:00

Mortgage rates level off after six-week slide According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average was unchanged at 3.82 percent with an average 0.6 point....
2019-06-13, 11:39

Fed seen cutting U.S. rates by 25 bps late July: BAML The Federal Reserve will likely reduce key U.S. borrowing costs by a quarter point at its upcoming July 30-31 policy meeting with the chance of a 50 ...
2019-07-10, 19:00

Tata Tigor EV Gets A Rs. 80,000 Price Reduction Under New GST Rates The government recently announced a reduction in GST rates on electric vehicles in a bid to push faster adoption of EVs, and this has prompted automak...
2019-08-02, 11:39

Fed will likely cut rates based on geopolitical issues, strategist says Jeffrey Taylor, co-founder and managing director of Digital Risk, says he'll be watching the U.S. housing market over the next six months as an i...
2019-06-07, 09:01

A glance at US mortgage rates: down for 6th straight week Long-term U.S. mortgage rates fell for the sixth consecutive week, with the key 30-year loan rate at its lowest point since September 2017. The post A...
2019-06-06, 13:26

Just one dose of the HPV vaccine may be enough to lower cancer rates A single dose of the human papillomavirus (HPV) vaccine seems to be almost as good as two or three injections for preventing cervical precancerous les...
2019-07-31, 11:39

Survival and chemotherapy success rates for various cancers Success rates help indicate how effective various treatments are. Here, we provide success rates of treatments involving chemotherapy for various type...
2019-08-14, 02:39

Fed holds rates steady. Here's what that means for your wallet Here's a breakdown of what Wednesday's Fed decision means for your bank account, mortgage, credit card, student loan balance and car payment...
2019-06-19, 16:13

Federal Reserve unlikely to raise rates in 2019 Rest easy: The Fed’s punch bowl isn’t going anywhere. Even if economic conditions improve this year, members of the Federal Reserve agreed that they w...
2019-05-22, 21:26

The market now thinks the Fed will cut rates twice by January 2020 Futures trading indicated a 63% chance of a September cut and a 62% probability of another easing by January, according to the CME's FedWatch too...
2019-05-29, 12:39

Citi sees case for Fed to cut rates 50 bps in July Citi economists said on Friday if the Federal Reserve decides to lower U.S. interest rates next month, it would do so with a bold 50 basis-points cut,...
2019-06-21, 23:39

A $1 trillion US budget deficit is one big reason the Fed may have to cut rates If low inflation, a wobbly economy and tariff jitters weren't enough to push the Federal Reserve to lower interest rates, there's another re...
2019-08-13, 15:52

Stocks Jump as Fed’s Powell Suggests Rates Could Come Down Jerome H. Powell, the Federal Reserve chairman, said the central bank was “closely monitoring” trade and “as always, we will act as appropriate” to su...
2019-06-04, 18:39

Rise in suicide rates in U.S. youth, especially girls (Reuters Health) - Suicide rates among U.S. youth have been on the rise for nearly a decade, with the sharpest increase in young girls, a new study sh...
2019-05-21, 21:39

Overall cancer death rates falling in U.S., NIH reports Each year, cancer death rates among men and women in the United States between ages 20 and 49 fell by 1.8 percent and 1.4 percent, the National Cancer...
2019-05-31, 12:13

With Rare Comity, Senate Panel Advances Bills to Lower Health Costs The Senate health committee approved a suite of bills to address rising health costs — including surprise medical bills and prescription drug prices —...
2019-06-27, 15:00

Unintended consequence of early signing day has been rise of college football recruiting costs Some believed an early signing period would save college football programs money. Instead, it has been the opposite.      &#...
2019-08-21, 16:52

A giant manufacturer just gave a glimpse into this earnings season as it tanks on tariff costs For those who don't see China trade war hurting the U.S., a $17 billion industrial distributor sounds alarms on tariff costs and related inflatio...
2019-07-11, 09:13

Hamilton wins sixth British Grand Prix after safety car costs Bottas "Lewis Hamilton won his sixth British Grand Prix, taking the chequered flag at Silverstone after a period behind the safety car cost Valtteri Bottas."...
2019-07-14, 20:26

Costs, delays mount for Boeing's NASA launch system, audit finds NASA's flagship space launch system being built by Boeing is taking years longer than expected with cost overruns of nearly $2 billion, an audit found...
2019-06-19, 18:52

'Excellent' Google Pixel 3 XL with 60-day warranty costs a measly $415 in killer eBay deal While the Pixel 3a and 3a XL are undeniably great phones that provide a lot of bang for your buck (even when they're not deeply discounted with upfron...
2019-07-03, 10:26

White House bid to ease efficiency rules would hike fuel costs, study says A Consumer Reports analysis counters the administration’s assertions that its plan would reduce traffic fatalities and boost highway safety, and argue...
2019-08-07, 11:39

Uber loses $1 billion in quarter as costs grow for drivers, food delivery Uber Technologies Inc reported a $1 billion loss on Thursday as the ride-hailing service spends heavily to build up its food delivery and freight busi...
2019-05-30, 23:01

Argentina Jersey Blunder Costs Team A Medal Shot, Two People Their Jobs The Argentina women’s national basketball team had to forfeit its preliminary round game against Colombia in the Pan American Games on Wednesday, losi...
2019-08-08, 17:52

Insuling costs are rising – and diabetic Americans of color are hit hardest | Mona Chalabi Black, Hispanic and Asian adults are much more likely to have diabetes than white adults – and they’re less likely to be insuredThe pharmaceutical ind...
2019-07-14, 01:52

Recycling crisis: land owners face millions in clean-up costs after SKM collapse The company, which was wound up on Friday, stockpiled tens of thousands of tonnes of recycling at rented sitesLand owners across Victoria are facing a...
2019-08-06, 17:39

Solar, onshore wind costs set to fall below new fossil fuel energy: report Electricity generated by onshore wind and solar photovoltaic (PV) technologies will in the next year be consistently cheaper than from any fossil fuel...
2019-05-29, 11:52

Talk show host Steve Harvey to cover students’ college costs KENT, Ohio (AP) — Talk show host, comedian and game show host Steve Harvey has committed to covering the college costs for eight incoming freshmen at ...
2019-07-01, 08:39

China telcos weigh sharing 5G network to cut costs, potentially hurting Huawei China Telecom said on Thursday it is ready to build a 5G mobile network with its rivals in order to reduce costs, a proposal that is likely to cut mul...
2019-08-22, 18:52