Abstract:Yellen says U.S. recession unlikely, but no drop in gasoline prices soon
U.S. Treasury Secretary Janet Yellen said on Thursday she does not think the U.S. economy is going to experience a recession, but gasoline prices were unlikely to fall anytime soon.
“I don't think we're (going to) have a recession. Consumer spending is very strong. Investment spending is solid. I expect growth to slow down,” she told a New York Times Dealbook event. For more forex news, please download WikiFX - the Global Dealer Regulatory Inquiry APP.
This week, the Italy financial regulator CONSOB issued a warning against an unlicensed broker named Broker Capitals. When we clicked on Broker Capitals' website, its logo, trade name, and design seemed familiar to us.
Berkshire Hathaway Inc said on Saturday that Vice Chairman Greg Abel, who is next in line to succeed billionaire Warren Buffett as chief executive, sold his 1% stake in the company’s Berkshire Hathaway Energy unit for $870 million.
A look at the day ahead in markets from Alun John
The dollar extended it best rally against the yen since mid-June on Monday, buoyed by higher Treasury yields after blockbuster U.S. jobs data lifted expectations for more aggressive Federal Reserve policy tightening.