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Drop in Unemployment Rate Is Not Enough to Calm Market with Higher Interest Rates

There may be a big drop in unemployment rate, but U.S. still fails to calm markets with the big possibility that the Federal Reserve will increase interest rates. According to Telegraph UK, U.S. unemployment rate dropped to a seven-year-low last month. According to data from the US Labor Department, unemployment rate went down 5.1pc in August, the lowest it has been since April 2008. This is also a level that the Fed considers to indicate "full employment."


August sell-off: No 'flight to safety' for bonds market

When stock markets tumble, bonds gain momentum and vice versa. But, this time it's a different picture. Contrary to market expectations, bonds market couldn't pick up when equities across the global market dropped in August.

Amber Rose receives criticisms for wearing vulgar bodysuit at VMAs, continues promoting new #SlutWalk clothing design

Amber Rose recently got named as one of the worst dressed celebrities at VMAs. After arriving in a one piece bodysuit that was covered with inappropriate words, negative comments and criticisms have been thrown at the actress. Despite the negative comments, Amber proudly introduced her new design from her #SlutWalk clothing line that is inspired by the same outfit she wore at the awards.

Analysts Predict Higher Demand for Macau Gaming Next 10 years, Leading to Las Vegas Sands' Macau Hotel Operations Growth

There are different factors than can lead to the significant growth of Las Vegas Sands' Macau Hotel Operations, including the higher demand for gaming in the next 10 years.


Latest News

Beyonce recently channeled Ronda Rousey's famous statement during her performance. On the other hand, proud husband Jay Z was spotted singing along to Beyonce's songs.
Sony recently announced some massive features of its System Software 3.00 for PS4. With codename Kenshin, its beta program will start in September.
Rita Ora recently opened up about her latest collaboration with Chris Brown. And following her daring appearance at the VMAs, Ora was seen shedding tears as a contestant performed on X Factor.
The third and final single player story DLC for Dragon Age Inquisition called 'Trespasser' is officially confirmed to arrive on Xbox One, PS4, and PC Tuesday, September 8, Bioware has announced. Also, a major free update, Patch 10, rolled out to make way for the arrival of the new expansion with tons of bug fixes, a dozen outfits and addition of two Golden Nug statue.
Conor McGregor borrowed Ronda Rousey's phrase to trash talk Jose Aldo. The featherweight champion also expressed that he's done with 145 pounds after Aldo, unless Frankie Edgar beats Chad Mendes.
Sony was bombarded with questions regarding the absence of basic features that should be added in the System Software update. Invites were still being sent out by Sony as the beta program started on September 1.
Apple declared a new partnership with Cisco that will grant a “fast lane” for commercial enterprise clients who use IOS devices on Cisco’s networks. The Cisco networks and iOS devices will be improved to work together with more efficiency and reliability.
The Labor Day Weekend Special Sale is still ongoing where GTA 5 Online gamers are on a frenzy to avail of big promotional discounts and freebies courtesy of Los Santos Chamber of Commerce. Meanwhile, Rockstar Games has confirmed that new set of exciting content details on Freemode will be revealed in few weeks.
Clash of Clans from game developer Supercell proves to be a phenomenal mobile game hit and marks a new success milestone in just three years. Now, it is named as the number one among the most downloaded and top revenue grossing mobile games of all time beating the massively popular Candy Crush Saga.
A new leak on the release date of Minecraft Story Mode from Telltale Games has just surfaced online which revealed that the game will arrive on Xbox One and PS4 this coming November 11. The PS3 and Xbox 360 versions, on the otherhand, will follow shortly on November 30 while the Wii U launch date was notmentioned.