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WallST-091917.jpg On Tuesday, traders are keenly watching the two-day monetary policy meeting of the Federal Open Market Committee. The FOMC meeting that meets eight times in an year is expected to provide a clear direction of monetary policy. Housing Starts Data is a major focus of the day. The early signs from the U.S. Futures Index points to higher opening for Wall Street. Asian shares closed mixed while Europe

GermanEcoConfidence-091917.jpg Germany's economic confidence strengthened for the first time in four months in September as solid economic growth and increased investment lifted financial market experts' optimism. The ZEW Indicator of Economic Sentiment rose by a more-than-expected seven points to 17.0 in September, survey data from the Mannheim-based Centre for European Economic Research/ZEW showed Tuesday

sharemixed-091917.jpg European stocks were mixed on Tuesday as caution crept in ahead of a two-day policy meeting of the Federal Reserve staring later today, with investors looking for hints on future U.S. monetary policy. Meanwhile, the day's economic reports were mostly positive. Germany's economic confidence strengthened...

sharessubdued-091917.jpg European stocks look set to open largely unchanged on Tuesday as a two-day meeting of the Federal Reserve gets underway later today. While leaving interest rates unchanged, the Fed may announce details on its trillions balance sheet unwinding. The dollar held firm near 8-week highs against the yen...

ToysRUs-bankruptcy-091917.jpg Toys R Us Monday said it has voluntarily filed for chapter 11 bankruptcy protection in U.S. amid its struggles with outstanding debt and the shrinking sales due to increased online competition. The New Jersey-based toy retailer has still not recovered from a massive debt left from its $6.6 billion acquisition in 2005.

Sept18-091817.jpg The following are some of the biotech stocks that made their way onto the Day's Gainers & Losers' list of September 18, 2017.

Roku-IPO-091817.jpg Roku, the maker of online video streaming players, plans to raise up to $252 million in its initial public offering. The company, in a SEC filing said, it plans to sell 15.8 million shares in a range of $12 to $14 per share. This price range could value Roku at just over $1 billion. The company has...

ToysRUs-Bankruptcy-091817.jpg Toys R Us could file for bankruptcy as soon as this week, CNBC reported citing sources familiar with the matter. The sources said that the bankruptcy plans are not definite and could change. The retailer, which has over 1,600 stores, has hired restructuring advisers from law firm Kirkland & Ellis. The...

RollingStoneMagazine-091817.jpg Rolling Stone magazine is for sale. Jann Wenner and his son have decided to sell the 51% controlling stake in the 50-year-old iconic publication. Wenner Media LLC sold a 49% stake in Rolling Stone magazine last year for $40 million, however, the controlling stake could fetch a better price, according...

PWC-BAME-091817.jpg Black, Asian and minority ethnic (BAME) employees of PwC in Britain are paid nearly 13 percent less than other employees, according to data published by the professional service firm on Monday. The firm said its BAME workers were statistically paid less because more of them worked in administrative...

wallstreet3-121214_18Sep17.jpg Following the upward move seen last week, stocks have moved mostly higher during trading on Monday. With the continued advance, all three of the major averages have climbed to new record intraday highs. Currently, the major averages are hovering in positive territory. The Dow is up 79.77 points or...

cheeseburgersday-091817.jpg Many restaurants are luring customers with irresistible promotions on the occasion of National Cheeseburger Day on Monday, September 18. While Burger King is not offering any specific deal on a national level, several other restaurants are celebrating the day by offering sweet, lucrative deals.

Amazon-distributioncentre-091817.jpg Amazon.com Inc. (AMZN) Monday said it plans to open a fulfillment center in Monroe, Ohio apart from its recently announced one in North Randall. The Monroe center will provide more than 1000 full time job opportunities.

wallstreet1-121214_18Sep17.jpg Extending the upward move seen last week, stocks have moved mostly higher in morning trading on Monday. With the continued advance, all three of the major averages have climbed to new record intraday highs. Currently, the major averages are hovering in positive territory. The Dow is up 66.87 points...

NAHB-091817.jpg Reflecting concerns about the recent hurricanes, the National Association of Home Builders released a report on Monday showing a bigger than expected drop in U.S. homebuilder confidence in the month of September. The report said the NAHB/Wells Fargo Housing Market Index dropped to 64 in September...

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