Markets
IOS 11 on the iPad is all kinds of awesome
For one, detachable devices which offer a first-party keyboard (such as the iPad Pro ) have continued to witness growth as customers look for greater productivity from their tablets . It would appear to be the end of the line for the Apple iPhone 5C and the iPhone 5. That's because it has zero compression, making the audio truly lossless in quality. [Full Article...]
Vetr Inc. Upgrades Reynolds American Inc (RAI) to Strong-Buy
The company reported $0.56 earnings per share (EPS ) for the quarter, missing the Zacks' consensus estimate of $0.57 by $0.01. Wall Street analysts expect that Reynolds American , Inc. About 7,708 shares traded. (NYSE:RAI) Cigarettes is valued at 94.24 B. The dominant statistics will authorize the investment community to govern the size of Reynolds American Inc. [Full Article...]
New Zealand's economy is spluttering right when it shouldn't be spluttering
Annual GDP growth for the year ended March 2017 was 3.0 percent. "Much lower building activity combined with mixed results for the service sector took the shine off higher dairy production and saw a second quarter of moderate overall GDP growth", said Gary Dunnet, national accounts senior manager at the statistics body. [Full Article...]
US Fed raises interest rates, fourth increase since Dec
They tend to raise their savings interest rate in much closer timing with the federal funds rate . Andrew Levin, a career Fed economist and former special advisor to ex-Fed Chairman Ben Bernanke, told Business Insider he is anxious by a noticeable decline in inflation expectations, both as reflected in consumer surveys and bond market rates. [Full Article...]
Text of the Fed's statement after its meeting Wednesday
The Federal Reserve has raised its benchmark interest rate for the third time in six months, providing its latest vote of confidence in a slow-growing but durable economy. Fed officials project growth of roughly 2 percent in 2017. The Fed has now raised rates four times as part of a normalization of monetary policy that began in December 2015. [Full Article...]
London fire could delay deal between UK PM May's Conservatives and DUP
Defense Secretary Michael Fallon said the government was not looking at a formal coalition but would seek assurances that the DUP would vote with May "on the big things". According to reports of the meeting, she accepted personal responsibility for calling the snap election and for the result, which saw her party lose its overall majority and have to rely on the support of others. [Full Article...]
Warriors React To Second Title In Three Years
Courtesy of a 129-120 victory over the Cavaliers in Game 5 of the 2017 NBA Finals , the Golden State Warriors earned their second championship in three years and third title since the franchise relocated to the Bay Area in 1962. Three-point jump shots, points in the paint, and a tight defense gave them the lead going into the fourth quarter. "I left everything on the floor every game , a... [Full Article...]
Golden rule: Warriors beat Cleveland Cavaliers in Game 5, clinch championship
Looking back to Game 3, the Cavs maintained a lead for much of the game and heading into the fourth, it looked as if they had the game in control. But each time, the Warriors recovered - led by Durant's clutch shooting. "I'm not happy at all", James said of Durant. "Oh, my gosh, more than that", he said. We saw what can happen when you don't bring it every night. I just wanted to put it all ... [Full Article...]