Business

European Central Bank sets end date for huge stimulus program

6 days ago   |   By CNN Money

Since launching quantitative easing in March 2015, the European Central Bank has bought trillions of euros worth of bonds.
Read more ...

 

Euro slides after ECB says it will end its 2.5 trillion euro bond-buying program

Euro slides after ECB says it will end its 2.5 trillion euro bond-buying program

6 days ago   |   By Business Insider

The European Central Bank said Thursday it will end its bond-buying program in December.
The central bank also said it expects to keep rates unchanged through the summer of 2019.
The euro fell 0.55% against the greenback following the announcements.
The euro slid versus the dollar Thursday after the European Central Bank said it would end its €2.5 trillion bond-buying program at the end of the year and expects to keep rates steady through next summer.
The euro was down 0.56% against the dollar at 8:30 a.m. ET.
The ECB said in a statement that the large-scale stimulus program, which has...
Read more ...

 




The Kate Spade brand is donating $1 million to mental health organizations

The Kate Spade brand is donating $1 million to mental health organizations

The Kate Spade brand announced on Wednesday that it would donate $1 million to mental-health awareness to honor its late founder. Kate Spade was found dead by suicide in her... Read more ...

American Airlines has told US immigration officials to 'immediately refrain'...

American Airlines has told US immigration officials to 'immediately refrain' from using its planes to fly children separated from their families

American Airlines said in a statement on Wednesday that it has told the United States government not to use its planes to transport children who have been separated from their... Read more ...

Trump says he'll be 'signing something' on immigration and wants to keep...

Trump says he'll be 'signing something' on immigration and wants to keep migrant families together

Homeland Security Secretary Kirstjen Nielsen is drafting an executive action for President Donald Trump to end family separations by keeping families detained together, two... Read more ...

Michael Cohen resigns from RNC post and partly blames Trump's 'heart...

Michael Cohen resigns from RNC post and partly blames Trump's 'heart wrenching' family-separation border policy

President Donald Trump's longtime lawyer, Michael Cohen, resigned from his job at the Republican National Committee on Wednesday. In a letter to RNC chairwoman Ronna McDaniel... Read more ...

Read the full text of Trump's executive order ending family separations at...

Read the full text of Trump's executive order ending family separations at the border

President Donald Trump on Wednesday signed an executive order to end the separation of migrant families along the US-Mexico border. "It's about keeping families together... Read more ...

U.S. Current-Account Deficit Increases in First Quarter 2018

U.S. Current-Account Deficit Increases in First Quarter 2018

The U.S. current-account deficit increased to $124.1 billion in the first quarter of 2018 from $116.1 billion in the fourth quarter of 2017. As a percentage of U.S. GDP, the... Read more ...

Instagram launches IGTV, a standalone app for longform video

Instagram launches IGTV, a standalone app for longform video

Facebook today announced the launch of IGTV, a standalone video app for Instagram users. IGTV content will also be available in the Instagram app. IGTV videos will be able to... Read more ...

American Airlines says it has fixed the computer glitch that forced its...

American Airlines says it has fixed the computer glitch that forced its regional airline to cancel more than 2,000 flights

American Airlines said on Wednesday it had fixed the problem that led to thousands of flights with a regional carrier, PSA Airlines, being canceled since last Thursday. The... Read more ...

United joins American Airlines in telling US immigration officials not to...

United joins American Airlines in telling US immigration officials not to fly children separated from their families on its planes

United Airlines CEO Oscar Munoz said in a statement on Wednesday that the airline has told the United States government not to fly children separated from their families by... Read more ...

Amazon, JPMorgan, and Berkshire Hathaway have picked the CEO to run their...

Amazon, JPMorgan, and Berkshire Hathaway have picked the CEO to run their joint health venture

JPMorgan, Amazon, and Berkshire Hathaway have selected a CEO to run their new healthcare venture. The trio of employers have selected Dr. Atul Gawande, a surgeon and a... Read more ...