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consumercredit-022117.jpg Household debt in the US increased substantially by 1.8% or $226 billion to $12.58 trillion during the fourth quarter of 2016, according to a report from Federal Reserve Bank of New York. The figure marks the largest quarterly increase in household debt since the fourth quarter of 2013. It is also...

Wallstreet-013013_21Feb17.jpg After moving to the upside early in the session, stocks remained mostly positive throughout the trading day on Tuesday. With the upward move on the day, the major averages once again reached new record closing highs.

uber-022117.jpg Susan Fowler, a former engineer at ride-hailing service Uber, in a blog post has claimed that she and several other female employees were sexually harassed at the company. Fowler also claimed that the company's human resources department refused to take strict actions against the superior officer...

cayladoll-022117.jpg Federal Network Agency (Bundesnetzagentur) has asked parents who bought the popular My Friend Cayla doll to destroy the toy or disable its wireless connection. The Bundesnetzagentur has banned the unauthorized wireless transmitting equipment in a children's toy and has already removed the product...

youtube-022117.jpg Google plans to end the unskippable 30-second ads on YouTube in 2018 and will continue with the shorter ad formats. "We're committed to providing a better ads experience for users online. As part of that, we've decided to stop supporting 30-second unskippable ads as of 2018 and focus instead on formats...

wallstreet-121514_21Feb17.jpg After moving to the upside early in the session, stocks remain mostly positive in mid-day trading on Tuesday. With the upward move on the day, the major averages have reached new record intraday highs. Currently, the major averages are hovering in positive territory. The Dow is up 87.46 points or...

wallstreet1-121214_21Feb17.jpg Following the long holiday weekend stocks have moved mostly higher in morning trading on Tuesday. With the upward move, the major averages have climbed to new record highs. In recent trading, the major averages had pulled back off their best levels, but they remain in positive territory. The Dow is...

Aramco-IPO-022117.jpg Saudi Arabia is reportedly considering to list its state-run oil behemoth Saudi Aramco in New York Stock Exchange. According to a WSJ report, citing people familiar with the matter, Aramco prefers to float its shares on the NYSE, or in London or Toronto after discussion to list on an Asian stock exchange...

EurozonePMI-022117.jpg Eurozone private sector activity gained momentum in February, amid strong job creation, robust order books and business optimism, leading to the fastest expansion in nearly six years.

BOE-Carney-022117.jpg The Bank of England will not hesitate to change policy if deemed appropriate, Governor Mark Carney said at a parliamentary committee hearing on Tuesday. The BoE Chief defended the bank's estimate on unemployment when Andrew Tyrie, the chairman of Parliament's Treasury Committee, questioned the bank's estimate of spare capacity.

Wal-Mart-022117.jpg Wal-Mart Stores Inc. (WMT) reported a profit for the fourth-quarter of fiscal year 2017 that declined 17.9 percent from last year, while quarterly revenue increased 1.0%. Excluding currency, total revenue was up 3.0%. Both adjusted earnings per share and adjusted revenues topped analysts' expectations.

WallST-022117.jpg The week could be relatively quiet for economic activities, after a long weekend. The PMI manufacturing flash will be a major focus for the day. Initial trading in the U.S. Futures index suggest that Wall Street will open in a greener zone.

stock-market-9_21Feb17.jpg European stocks were mostly higher on Tuesday as upbeat Eurozone private sector data and a recovery in commodity prices helped investors shrug off mixed earnings updates as well as increasing political risks in Europe. The pan-European Stoxx Europe 600 index was up 0.23 percent at 371.91 in late...

BHPBilliton-HY-022117.jpg Anglo-Australian mining giant BHP Billiton plc reported Tuesday a profit in its first half, compared to last year's hefty loss on sharply lower one charges. Underlying EBITDA, a key earnings metric, climbed 65 percent with higher production and prices. The company further lifted its dividend by 150 percent.

HSBC-FY-022117.jpg Shares of HSBC Holdings Plc declined around 4 percent in Hong Kong trading after the Asia-focused lender reported wider net loss in its fourth quarter amid weak net interest income. Further, the company maintained its dividend, and said its Board plans a further $1.0 billion share buy-back, which is expected to complete in the first half of 2017.

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