leicesterjournal.com

Economy

Bitcoin At The Lowest Since December

Looking for news you can trust? Since then, it has marginally recovered in price, to $1.48 at the time of writing. We feel like there is an incredible opportunity to apply this proven concept to the world of cryptocurrency trading while also utilizing the inherent security of the blockchain .”.

Economy

Dow industrials end decrease as Boeing shares weigh

It took the Dow just 12 calendar days to move from 25,000 to 26,000, making it the fastest 1,000 move on record for the index. FILE PHOTO: The trading floor is seen on the final day of trading for the year at the New York Stock Exchange (NYSE) in Manhattan, New York, U.S., December 29, 2017.

Economy

The 5 major themes of Cuomo's budget address

Similarly, a plan to reduce traffic in New York City while raising revenue for public transit is due later this week, though Cuomo did say it would use cashless tolling to charge drivers who enter a certain zone in Manhattan. "One move, all of that progress, wiped away", the governor said of Mr. Trump's tax plan, his voice rising. "Over the next couple of months, I look forward to working with my Senate and Assembly colleagues to craft a budget that is not only affordable, but provides ...

Economy

GOP lawmaker proposes bill to grant residency for Salvadoran immigrants

The 6.1 magnitude quake struck February 14, 2001, leaving some 260 dead and more than 2,260 wounded. Concerns of deportation come on the heels of President Donald Trump's controversial comments he reportedly made during a White House meeting last week about immigration directed at Haiti, African countries and El Salvador.

Economy

Jaguars' defense shuts down Bills in AFC wild-card game

Jacksonville's latest defensive gem - a 10-3 victory against Buffalo (9-8) on Sunday - set up a rematch with the Steelers (13-3). The Jaguars were a clear favorite in this game, but the Bills defense performed very well. The quarterback said it was the first time in his career he rushed for more yards than he threw, but sometimes that's what it takes to win a game. Tyrod Taylor was cooking early but failed to keep it going all four quarters.

Economy

New Bad Rabbit ransomware hitting Eastern Europe

Since the malware is spread via essential systems used by many computers, early detection or prevention is also hard to implement. "What's more, infpub.dat acts as a typical file-encrypting ransomware: it finds the victim's data files using an embedded extension list and encrypts them using the criminal's public RSA-2048 key", said researchers at Kaspersky Lab .

Economy

Former Equifax chief will face questions from US Congress over hack

Richard Smith will appear in front of the Senate banking committee and then later the Senate judiciary committee to face a new group of American lawmakers. Equifax then compounded its mistakes by making it hard, if not impossible, for consumers to freeze their data, thus preventing its illicit use - and charging the consumer for the privilege! Smith said the company had otherwise followed its protocol of distributing information on necessary patches and that in the case of CVE-2017-5638 its ...

Economy

NRL Grand Final: Everything you need to know

Slater didn't announce his retirement but the sheer emotion might be a sign that he'll have a long think about it after the celebrations have died down. And they did it by their big three - Slater, Cronk and Smith - being absolutely brilliant, and by the supporting cast of players feeding off them, and rising to something approaching their level.

Economy

World Oil Prices Jump Following OPEC Meeting

But on Monday, Turkish President Tayyip Erdogan threatened to cut off that pipeline in the wake of the Kurdish independence referendum. This recent price jump suggests these efforts to rebalance the oil industry by cutting production through early 2018 are working.

Economy

The President Pushes For Tax Overhaul

The Trump administration is also proposing a move away from the current worldwide tax system to a territorial system, allowing companies to send their offshore profits back to the US without incurring extra taxes. "We will reduce the corporate tax rate to no higher than 20 percent", Trump said. This opens the door for wealthy Americans to incorporate as a business, and thus pay the lower tax rate.

Economy

Brent oil price ease back from two-year highs

The latest spike in prices is likely due to the recent announcement by the Chinese government to allow three independent producers to further import 2.7 million tonnes of crude oil in 2017. But on Monday, Turkish President Tayyip Erdogan threatened to cut off that pipeline in the wake of the Kurdish independence referendum. The Kurdistan Autonomous Region pumps around 650,000 barrels of crude daily, of which 150,000 bpd from fields around Kirkuk - fields that are the subject of a ...

Economy

How the Fed's Balance Sheet Unwind Will Ripple Through Banks

Excluding food and energy , 12-month core CPI held steady at 1.7 percent, the same increase seen every month since May. Meanwhile, Australia underperformed as metal prices fell and utilities stocks slid. Benchmark 10-year notes fell 9/32 in price to yield 2.27 percent, after yields got as far as 2.29 percent, the highest since August 8. The Dow Jones industrials were little changed.

Economy

3 things to watch for from the Federal Reserve on Wednesday

Markets were also keeping an eye on the outcome of the US Federal Reserve's policy meeting on Wednesday night. United States inflation for example, as measured by the Fed's referred indicator - the Personal Consumption Expenditure Index (Or PCE Index) has not touched 2% (The Fed's target) at any time in the past five years and according to the latest forecasts, will not do so in the next two.

Economy

IOS 11 control won't turn off WiFi or Bluetooth completely

The official iOS 11 has finally arrived. You get a Boomerang-like effect similar to the one in Instagram, and you get a few others that you access by swiping up on a Live Photo in the photos app. Coming soon is the ability to pay friends back for dinner or drinks, much the way PayPal and Venmo work. You can add up to 13 permanent apps to your Dock by using the new Drag and Drop feature in iOS 11 .

Economy

Wall St. flat; all eyes on Fed policy decision

Markets do not expect the Fed will hike rates, but instead hint they will keep rates low until inflation picks up. Income-seeking investors find those stocks less appealing when bond yields move up. There's also pretty widespread agreement that the Fed's portfolio should just be bigger permanently from now on, so it sounds like they'll reduce it to $3 trillion and then stop there.

Economy

Kansas City Royals Snap Cleveland Indians Winning Streak

With the victory, the Indians moved to within four wins of matching the 1916 New York Giants for the longest winning streak in major-league history. Carlos Santana was 2-for-4. Edwin Encarnacion then walked to put two on with no outs. Nick Goody entered and escaped the inning. The Tribe bats sputtered out and leaving eight runners on base over eight innings, just as they had while attempting to find consistency early in the season.

Economy

Has Winter come to Bitcoin with exchange closures in China ?

The Chinese government also announced that it is illegal to conduct Initial Coin Offering (ICO ). Virtual private networks (VPNs) will be completely blocked from February 2018, Real names must be used online and now the closure of Bitcoin minting plants in the country has been classed as "certain".

Economy

Bank of England 'to ignore inflation fears and keep rates low'

GBP/USD was up 0.89% at a one-year high of 1.3279 by 05:00 AM ET (09:00 GMT) from around 1.3205 earlier. Basic wages rose an annual 2.1% in the three months through July, unchanged from the second quarter and below market forecasts, Office for National Statistics figures Wednesday showed.

Economy

Equifax Messed Up - Who Pays? You Do

In exposing the personally identifiable information of 143 million Americans, the Equifax data breach was already plenty bad. The breach, which went public last week, potentially compromised personal information including the social security numbers , dates of birth, names and addresses of 143 million consumers nationwide.

Economy

Oil prices rise as global inventories decline on stronger than expected demand

Among persistent glut worries, Saudi Arabian Energy Minister Khalid al-Falih had discussions with his Venezuelan and Kazakh counterparts about the chances of extending supply cuts through March 2018. Crude stocks at the Cushing, Oklahoma, delivery hub rose by 1 million barrels, EIA said. On Tuesday, OPEC, in its monthly report, also pointed to a decline in its production in August as a sign that supply and demand could be moving further toward balance.

Economy

143 million customer records compromised in Equifax hack

Hackers utilized a United States website vulnerability to obtain access to several data. The unauthorized access occurred between mid-May and July 2017, and was discovered on July 29 - the company just announced it last week. A fraud alert warns creditors you may have been a victim of identity theft and to take additional steps to verify identity. Last week, when the announcement finally came to light, all Equifax offered us was a bug-ridden website and a year's worth of the same old ...

Economy

Hurricane Irma: Thousands of Florida flights canceled, with more expected

Now, there are signs that massive demand for gas caused by Hurricane Irma is spreading to Florida's neighbors to the north. There have already been 1,039 flights canceled on Saturday. But as you can see, it still is catastrophic here. "In the interest of safety of individuals throughout the state, and to allow our student-athletes, staff and fans to prepare for a storm of significant magnitude, we have chose to cancel all athletics events including the ULM football game on ...

Economy

People Are Catching The Last Flights Leaving Miami Before Hurricane Irma Hits

With almost all of the remaining seats out of south Florida sold out, airlines' attention Friday was focused on launching their remaining flights before operations close. "So she booked me a flight today at 7 a.m.so here I am". "All flights have ceased operations in preparation for Hurricane Irma": that is the blunt message on the front page of Miami International Airport's website .

Economy

USA dollar falls on concern about North Korea, Fed rate outlook

The GBP/JPY was also lower at 141.656 Yen , a loss of 0.07%; the pair has ranged from a low of 141.340 Yen to a peak of 141.884 Yen in today's session. In early Asian trade Wednesday, the dollar bought 108.70 yen , down from 108.79 yen in NY late Tuesday and 109.39 yen in Tokyo Tuesday. U.S.

Economy

Euro minefield: what markets will monitor at ECB's meeting

The single currency recently broke the $1.20 threshold, having surged by 8 per cent this year against a basket... The most bullish outcome for the euro would be if Draghi & Co. Brent traded at $54.11 a barrel, down 0.2 percent but still not far from its 3-1/2-month high of $54.31 touched on Wednesday. As a result of this and persistent Brexit concerns, most analysts predict the Pound Euro exchange rate will continue to weaken in the long-term.

Economy

Gas Prices Still Climbing, Now Up 24 Cents Since Harvey

AAA says gas prices aren't expected to go down until mid to late September. In some Texas cities, including Dallas, there were long lines at gas stations on Friday. Tankers have been booked to transport gasoline from Europe to the U.S., and the fuel is now set to be shipped over even longer distances as the premium of American prices soar relative to those in Asia, the world's biggest oil market.

Economy

Oil mixed in Asia after Harvey slams into US

On Tuesday, the storm appeared to be heading toward Louisiana, which could mean that refineries in Port Arthur, Texas, and Lake Charles, La., will be inundated with water and would have to shut down or curtail processing rates. It said however that "refiners have not reported any damage so far". The analysts estimated that about three million barrels a day of refinery capacity was offline as of Sunday, or 16.5 percent of the total US capacity.

Economy

Harvey causes gas prices in Canada to soar

Gasoline settled up 25.52 cents, or 13.54 per cent, at $2.1399. As of late Wednesday, more than a fifth of the nation's refining capacity - including two of the country's largest oil refineries - was out of commission as oil companies battled flooding.

Economy

Massive aid, insurance costs seen from Hurricane Harvey

Eight in 10 homeowners who've already endured Harvey's wrath may be in for another hit after the floodwaters drain and they realize their insurance won't cover their claims, insurance experts say . They also want the program to spend more to protect such properties from flooding in the first place, and encourage more market competition, said Jenn Fogel-Bublick, a spokeswoman for a coalition of insurers, environmental organizations, and civic advocates called SmarterSafer.

Economy

Samsung vice chair Lee sentenced to 5 years prison in bribery case

Lee, however, has continued to insist that the payments to the non-profit happened without his knowledge. She was also charged with taking bribes from Lee in exchange for supporting his succession - something she has all along denied . And the new government says that will be a strong message to chaebols that they need to clean up the way they do business. Regardless of the outcome the verdict is a blow to Samsung , which is one of South Korea's largest companies, with share prices ...

Economy

$758.7m ticket holder is biggest ever United States lottery victor

It was initially reported that the winning ticket was sold at the Handy Variety convenience store in Watertown, and that a $1 million prize winning ticket was sold at the Pride Station & Store. We haven't had a victor in this one since June 14. Wednesday night's Powerball numbers for the $700 million jackpot have officially been drawn. A single ticket sold in MA has won the $758.7 million Powerball jackpot in Wednesday's drawing, lottery officials announced early Thursday.

Economy

Australian government under threat after Deputy PM's citizenship row

Heard poked fun at his citizenship on Twitter by sharing an image of a box of KiwiFresh kiwifruit and writing, "To comfort Mr. Joyce in his hour need, I have sent him a box of New Zealand's finest kiwi fruit (assuming this passes his biosecurity laws)".

Economy

Foot Locker's stock plunge drags Under Armour and Nike down with it

Estee Lauder shares rose 4.1% premarket on the release of its fourth-quarter report, which beat analyst expectations partly on skin-care sales. This disaster of a quarter for Foot Locker is dragging down the leading sports apparel and footwear players, like Under Armour Inc.

Economy

U.S. stocks jump as tensions with North Korea appear to ease

The STOXX 600 index had already risen 1.1 percent on Monday after U.S. officials played down prospects of the standoff between North Korea and the United States leading to conflict. However a slide in inflation readings in recent months to 1.5 percent, below its 2-percent target, has raised doubts among investors about the Fed following through.

Economy

Neymar to make PSG debut from the start at Guingamp

A new report from the Independentindicates that Paris Saint-Germain aren't done spending big on summer transfers just yet, and that could affect Manchester City . "That's what I like about this sport ". The transfer window will be shut on 31 August. For $258 Million dollars, Neymar , Jr. has officially become one of the highest paid athletes in the world.