The market analysts, economists say that current situation is favoring the US Fed to take a decision on interest rate hike. The improvement in the labor market in low-income jobs is giving much-needed support to the US Fed.
Sectors
Sprint's bonds tumble as Moody's downgrades US wireless major
The US wireless major Sprint backed bonds tumbled in the market following the downgrade by Moody's, which sees increasing burden of debt maturities, brutal competitions and lack of operational stability for the third largest US wireless company.
Puerto Rico's rescue plan draws flak
The five-year restructuring plan proposed for ailing Caribbean island Puerto Rico has become a center of criticism from economists, who question that who shall benefit from this debt deal. Economists argue that the debt plan overstated the financial requirements of the island.
Tap Tap Tap releases first ever free version of its $3 Camera+ app
Tap tap tap, the tech company that developed the third-party $3 Camera+, launched a free version of that revolutionary camera app September 10.
Oils Prices Rallied, But Recovery Still To Take Longer
Oil Prices increased Wednesday, but Shell is not expecting a recovery anytime soon. Lower inventories and oil production in US petroleum supply caused a spike on oil prices Wednesday, but giant oil company Shell admitted it will still take longer before any recovery.
Latest News
The china's economy slowdown is likely to continue for next three years, predict real-estate developers. The robust growth has led cities to emerge as major infrastructure built up ones. There's opportunity in smaller cities though they can't offer the kind of growth witnessed in cities like Beijing and Shanghai.
European Central Bank may expand quantitative easing program as the inflation is hovering at near zero level of 01. percent for August. ECB Vice-President also indicated that QE program may be widened further.
Hyundai, the Korean car manufacturer, showcased its newest models at Frankfurt International Motor Show 2015. Concept cars like N 2025 Vision Gran Turismo were highlighted in the event.
On September 25, the U.S. Air Force's new KC-46A will start to take off and have its first flight. The aircraft is an aerial refueling tanker made by Boeing Co. The flight was announced Tuesday by Brig. Gen. Duke Richards during the Air & Space Conference near Washington, DC. The development for the eventual successor to the KC-135 and KC-10 was originally planned for the spring as reported by Defense Tech.
President Barack Obama is hosting his Chinese counterpart, Xi Jinping, for an official state visit next week. A state dinner will be held at the White House on September 25 to welcome Xi, who will be accompanied by his wife Peng Liyuan, a Chinese folk singing superstar.
President Barack Obama announced on Tuesday some updates on the Free Application for Federal Student Aid process or FAFSA. This is a part of the president's aim to make college education more affordable for students and families.
Mobile apps give a lot of benefits in more ways than one. You will never miss out on your favorite show or favorite basketball or football game because you can now watch it just by using your phone.
Apple's iPhone 6S and iPhone 6S Plus shows strong records to exceed its 10 million sales last year. In line with that, analysts are watching Apple as its stocks climb up. On Monday, Apple announced the iPhone 6S and iPhone 6S Plus are on track to beat last year's sales. Apple (AAPL, +0.84%) also opened higher on the stock market.
Google is reportedly teaming up with Twitter to provide users with instant access to articles, reviving speculations the search giant may be acquiring the micro-blogging site. Re/Code reports the two tech giants are now working on a publishing tool that will enable users to view articles instantly on their mobile phones. That's a departure from the current set-up where users have to wait several seconds for a story to load.
