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HomeAll newsMost read newsBusiness Leaders Biography
Birthday : 12/14/1955
Place of birth : New York (New York) - United States
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Biography : John Paulson is the boss of the investment fund Paulson & Co. founded in 1995. It’s thanks to...

News Highlights: Top Global Markets News of the Day

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08/14/2017 | 09:16pm EST
Fed's Dudley Expects Another Rate Rise This Year 
 

New York Fed President William Dudley told the Associated Press that another rate rise is likely in 2017 and that expectations the central bank will start cutting the size of its balance sheet in September are reasonable.

 
Warren Buffett Cashes Out on GE, Cashing In on Crisis Loan 
 

Warren Buffett's Berkshire Hathaway is getting out of one of America's oldest companies: General Electric. Berkshire received most of the shares after the investor lent roughly $3 billion to GE in October 2008 during the depths of the financial crisis.

 
John Paulson Turns From Pharmaceutical Bets 
 

John Paulson, the hedge-fund star of the financial crisis, decreased or sold off many of his bets on pharmaceutical companies in the second quarter, filings show.

 
U.K. Open to Temporary Customs Union with EU 
 

The U.K. government will formally signal it is open to creating a temporary customs union with the EU after Brexit as it prepares for fresh talks on its separation from the bloc later this month.

 
Fed Paper Finds Natural Unemployment Rate Quite Steady Over Last Century 
 

The level of unemployment that stands as the break-even point between rising and falling inflation has been "remarkably stable" over the last century, new research from the Federal Reserve Bank of San Francisco finds.

 
U.S. Stocks Rise After Volatile Week 
 

U.S. stocks jumped Monday, with the S&P 500 posting its biggest one-day gain since April.

 
Oil Prices Drop to Three-Week Low 
 

Oil prices fell to a three-week low on Monday, hurt by a stronger U.S. dollar and troubling signs of lower demand.

 
A Classic Case of Casino Capitalism 
 

The stock selloff last Thursday amid tensions with North Korea highlights concerns over market volatility.

 
Canada Wants to Make Nafta More 'Progressive' 
 

Canada laid out its goals for a new North American Free Trade Agreement, pledging to press for additional environmental provisions and saying it won't budge on a dispute-settlement process that allows Canadian firms to challenge trade sanctions.

 
Gold Falls as Geopolitical Tensions Ease 
 

Gold prices fell as the dollar edged higher from last week's lows and tensions between the U.S. and North Korea eased.

Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL 0.40% 29348.03 Delayed Quote.2.43%
GOLD -0.10% 1608.817 Delayed Quote.5.51%
NASDAQ 100 0.92% 9718.726468 Delayed Quote.10.20%
NASDAQ COMP. 0.87% 9817.179518 Delayed Quote.8.45%
S&P 500 0.47% 3386.15 Delayed Quote.4.32%
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