You no longer need a PhD to read the Fed's statements

[ad_1] WASHINGTON (Reuters) – The Fed's policy statements were so complicated after the recession that standard readability indicators suggested people needed four or more academic years to understand them. US Federal Reserve Chairman Jerome Powell is awaiting testimony at a Senate Committee on Banking, Housing and Urban Affairs hearing on the "Semi-Annual Report on Monetary … Read more

Oprah Winfrey Wins Big Financial Success as Weight Watchers Stock Tank

[ad_1] Oprah Winfrey was probably feeling a lot lighter on Tuesday night – in her investment portfolio. According to reports, after the actions of WW (formerly Weight Watchers) plunged into trading after normal working hours, the biggest single investor of the welfare company was down from 39 million to nearly 48 million of dollars. The … Read more

"We take the easy thing"

[ad_1] Faisal Al Nasser | Reuters Saudi Energy Minister Khalid al-Falih, addresses the media at a presentation by Saudi government ministers in Riyadh, Saudi Arabia, on December 19, 2018. Saudi Energy Minister Khalid al-Falih said OPEC was taking a moderate approach to reducing supply, responding directly to President Donald Trump's comments earlier in the meeting. … Read more

Weight Watchers on oprah backing down after announcing a profit – NBC Montana

[ad_1] Weight Watchers on oprah backs down after announcing a profit NBC Montana Oprah Winfrey Wins Harsh Financial Success While Weight Watchers Stocks Are Fashionable Fox News Oprah Winfrey's participation in Weight Watchers drops $ 48 million in minutes after creating 30% CNBC stock Can Oprah restart Weight Watchers? General Manager Grossman relies on Fox … Read more

GE CEO, Culp, promises to bring the company back to the glory of its past, starting with the energy sector

[ad_1] General Electric Co. GE, + 2.49% CEO, Lawrence Culp, promised to do "everything in his power" to bring the industrial giant back into a "strong position", asking shareholders "support and patience" in its first letter to shareholders and its annual report on Tuesday. GE ended the year with 283,000 employees worldwide, 30,000 fewer than … Read more

A record number of 430 billionaires come out of Hurun's wealthy list

[ad_1] Jack Ma (left) is the richest Chinese, while Jeff Bezos is the richest billionaire in the world, according to Hurun. (Getty Images) Getty Images Updated February 26, 2019 at 8:39 pm ET Volatile stock markets, combined with a strong dollar, have swept away a significant portion of the richest population in the world. As … Read more

Wynn Resorts fined $ 20 million for alleged sexual misconduct

[ad_1] Former casino company Steve Wynn was fined $ 20 million by Nevada gambling authorities on Tuesday for failing to investigate allegations of sexual misconduct against him prior to his resignation a year. The sentence imposed on Wynn Resorts Ltd. ends an open investigation after the Wall Street Journal reported that several women said the … Read more

Trump signs a commercial agreement between Boeing and Vietnam

[ad_1] Saul Loeb / AFP / Getty Images President Donald Trump on Wednesday signed a trade deal with Vietnam worth more than $ 20 billion, with several airlines in the country having agreed to buy Boeing aircraft and Boeing technology in the United States . VietJet buys 100 Boeing 737-Max and 215 GE / CFM … Read more

A record number of 430 billionaires come out of Hurun's wealthy list

[ad_1] Jack Ma (left) is the richest Chinese, while Jeff Bezos is the richest billionaire in the world, according to Hurun. (Getty Images) Getty Images Updated February 26, 2019 at 8:39 pm ET Volatile stock markets, combined with a strong dollar, have swept away a significant portion of the richest population in the world. As … Read more