logo

TODAY'S TOP STORIES

Share

consumer-092518.jpg Consumer confidence in the U.S. unexpectedly saw a continued improvement in the month of September, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index climbed to 138.4 in September from an upwardly revised 134.7 in August.

kimjong-trump-092518.jpg President Donald Trump hinted at a second summit meeting with North Korean leader Kim Jong Un this year. A breakthrough summit between Trump and Kim in Singapre on June 12 helped in significantly improving the broken US-North Korea ties. "I'm going to be meeting with Chairman Kim in the not too distant future," Trump said at the U.S.-Korea Free Trade Agreement signing ceremony on Monday. The loc

wallstreet-july31_25sep18.jpg With the Federal Reserve's monetary policy decision looming, stocks have shown a lack of direction over the course of morning trading on Tuesday. The major averages have spent the morning bouncing back and forth across the unchanged line.

kevinsystrom-mikekrieger-092518.jpg Shares of Facebook Inc. are down more than 2 percent in Tuesday's trading after photo-sharing app Instagram's co-founders Kevin Systrom and Mike Krieger said they are leaving the company. Systrom, Instagram's chief executive, and Krieger, the chief technical officer, did not give a reason for stepping down, but said they are now "ready for our next chapter."

brettkavanaugh-sep25.jpg President Donald Trump's Supreme Court nominee Brett Kavanaugh has described sexual assault allegations raised against him as part of a coordinated effort to destroy his good name. In a strongly worded letter to the Senate Judiciary Committee, a defiant Kavanaugh said he will not be intimidated into withdrawing from the Senate nomination process. "The coordinated effort to destroy my good name wil

wallstreet-july25_25sep18.jpg Stocks are likely to move to the upside in early trading on Tuesday as the Federal Reserve begins its two-day monetary policy meeting. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 61 points.

ideanomic-sep25.jpg US-based technology firm Ideanomics formed a joint venture with APMEN Trade Tech Co Ltd. to deploy an intelligent digital supply chain management platform driven by blockchain and super artificial intelligence (AI) technology for APEC Model E-port Network (APMEN), APEC's online port clearance system.

wallstreet-sept25.jpg The investors are looking ahead to cues from Fed meeting. The House Price Index, Fed Manufacturing Index as well as Consumer Confidence Index are the major economic announcement on Tuesday. The growing oil price is a concern for the markets. The U.S. -China trade war is developing in to another phase and that really worries investors across the globe.

bankofengland-sept25.jpg Unwinding of Bank of England's asset purchase plan will not have a material impact on the yield curve, if done gradually with proper communication, Monetary Policy Committee member Gertjan Vlieghe said Tuesday. Quantitative easing, or QE, affects the yield curve but it does so primarily by affecting expectations of future monetary policy, Vlieghe said in a speech in London.

walmart-sep15.jpg Walmart and Sam's Club sent a letter to suppliers of fresh, leafy greens asking them to trace their products from the farm using blockchain technology to ensure food safety. Suppliers are expected to integrate the blockchain-based tracking system in collaboration with IBM by September next year. The information gathered by these suppliers will be open and accessible through technology that offers

dubaiblockchain-sept25.jpg The Dubai Department of Finance or DoF joined with the Smart Dubai Office or SDO for a Blockchain-powered upgrade to its financial system. The new platform, called "Payment Reconciliation and Settlement system," integrates blockchain technology into Smart Dubai's online payment portal, DubaiPay. The technology is expected to allow reconciliation and settlement transactions in real time.

asian-market-100912_25sep18.jpg European stocks were flat to slightly higher on Tuesday amid reports of a compromise on Italy's budget among the government coalition members. Analysts say that the country will not walk off the European Union, despite the pressure to announce populist measures that will require billions in additional...

tomemerblockchain-sept25.jpg US Congressman Tom Emmer, the co-chair of the Congressional Blockchain Caucus, said he will introduce three bills to support blockchain technology and digital currencies. According to him, the federal government should provide a light touch, consistent, and simple legal environment for the crypto industry to develop in the country.

asianmarkets-112014_25sep18.jpg European stocks may open lower on Tuesday to extend losses from the previous session amid escalating Sino-U.S. trade tensions and ahead of the Federal Reserve's two-day policy meeting ending Wednesday. Asian markets remain subdued as renewed trade tensions coupled with rising oil prices posed risks...

nambinarayanan-sept24.jpg It is a universal law that truth will prevail, and the recent Supreme Court ruling in the infamous ISRO spy scandal that rocked India during the 1990s only ascertains that gospel.

Follow RTT