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DianneFeinstein-062317.jpg Democratic members of the Senate Judiciary Committee are lashing out at Committee Chairman Chuck Grassley, R-Iowa, for his decision to schedule a hearing on two district court nominees before the American Bar Association has an opportunity to review and rate them.

US-PAK-062317.jpg A bipartisan bill revoking Pakistan's status as a major non-NATO ally (MNNA) of the United States has been tabled in the House of Representatives as punishment for the South Asian country's failure to effectively fight terrorism. MNNA status was granted to Pakistan in 2004 by President George W Bush...

wallstreet-112814_23Jun17.jpg After closing mixed for two consecutive sessions, stocks may once again move in opposite directions in early trading on Friday. The major index futures are currently mixed, as the Dow futures are down by 26 points but the S&P 500 futures are up by 1.25 points.

Eurozonepmi-062317.jpg Eurozone private sector growth moderated in June from a six-year high due to a slowdown in services activity, yet the economy enjoyed the best quarter for six years, the flash data from the Purchasing Managers' survey by IHS Markit showed Friday. The composite output index fell to 55.7 in June from a joint six-year high of 56.8 in May.

commerzbank-062317.jpg German lender Commerzbank AG on Friday forecast a net loss for the second quarter of 2017, citing higher than expected restructuring charges related to the implementation of Commerzbank 4.0 strategy. Despite the higher restructuring charges, Commerzbank added that it does not expect to report a negative net result for financial year 2017.

Senators-062317.jpg The fate of the Trump Government's prestige legislation to repeal and replace Obama-era healthcare plan has turned uncertain with four Republican Senators expressing their opposition to the draft of the Bill. Senators Ted Cruz (R-Texas), Ron Johnson (R-Wis.), Mike Lee (R-Utah), and Rand Paul (R-Ky.)...

wallstreet-062317.jpg The highlights of economic announcements on Friday are the New Home Sales data and a slew of Fed speeches. The initial trading in the U.S. Futures Index points to a broadly lower opening on Wall Street. Asian shares closed mixed, while European shares are trading in the red.

ECB-062317.jpg The European Central Bank has sought more supervisory powers over the clearing activities, in a bid to secure control of the London-based euro clearing post-Brexit. The Governing Council, led by ECB President Mario Draghi, has recommended an amendment to Article 22 of the Statute of the European System of Central Banks and of the European Central Bank, the bank announced on Friday.

stocklower2-062317.jpg European stocks fell on Friday as investors digested disappointing private sector growth data and kept a close eye on developments at the EU Summit in Brussels. Oil prices edged up in European trade, but remained on course for a fifth weekly loss. The euro area private sector grew at the slowest pace...

stocklower-062317.jpg European stocks may open slightly lower on Friday as crude oil prices pulled away from ten-month lows and the dollar held little changed ahead of U.S. inflation, housing and revised first-quarter GDP data due next week. Commodity currencies strengthened on the back of an overnight rebound in oil prices...

wallstreet2-121214_22Jun17.jpg Stocks saw modest strength for much of the trading session on Thursday but gave back ground going into the close. The major averages pulled back near the unchanged line, with the Dow and the S&P 500 dipping into negative territory.

RonHoward-062217.jpg Lucasfilm and Disney have announced that Oscar award winner Ron Howard will now direct the Han Solo's standalone "Star Wars" movie. "At Lucasfilm, we believe the highest goal of each film is to delight, carrying forward the spirit of the saga that George Lucas began forty years ago," said Kathleen...

NancyPelosi-062217.jpg As Democrats continue to digest losing the closely watched special House election in Georgia, several lawmakers are pointing the finger at House Minority Leader Nancy Pelosi, D-Calif. A small group of House Democrats have called for a change in leadership after Jon Ossoff lost in Georgia.

Kia-062217.jpg Kia came in at the top spot in a survey for initial quality of new vehicles for the second straight year, according to J.D. Power's annual survey. Genesis, a luxury brand owned by Hyundai Motor Co., was second in the quality survey. The first time that two Korean auto makers have topped the list. The...

Trump123-062217.jpg After dodging questions about the issue for several weeks, President Donald Trump admitted Thursday that he does not have recordings of his conversations with former FBI Director James Comey. Trump suggested in a post on Twitter that there could be recordings of the conversations, citing electronic...

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