Economy

Anti-Hillary merchandise on sale in Cleveland

Anti-Hillary merchandise on sale in Cleveland

A range of cheap, privately made anti- Hillary Clinton merchandise including caps, t-shorts, badges are being sold in the city of Cleveland, which hosted the Republican National Convention.

Citigroup’s Second Quarter Beats Earnings Expectations but a Drop Noted Compared to Last Year

Citigroup’s Second Quarter Beats Earnings Expectations but a Drop Noted Compared

Manhattan based Citigroup Inc., the multinational investment banking and financial services corporation reported a lower level of profit and revenue in Q2 as compared to last year.

However, most investors were happy with the not so bad results considering that it is a bank which still has work in progress.

Data from June Quarter Signals at Stabilizing Economy in China with Growth in Spending

Data from June Quarter Signals at Stabilizing Economy in China with Growth in Sp

A brighter spot was noticed in China's economy with reports showing that lending and consumer spending in the country moved up in the latter half of the June quarter. That signals at the success of stepped up monetary and fiscal policy by the Chinese government.

Recent Report Shows Tightening Labor Market and Modest Economic Growth

Recent Report Shows Tightening Labor Market and Modest Economic Growth

A report from the Federal Reserve on Wednesday showed that the U.S. economy up ticked modestly by the end of May and June. The growth was supported by the housing market and the manufacturing sector also showed some improvement.

Big Banks are Expected to Report Lower Earnings Owing to Low Interest Rates and Brexit Effect

Big Banks are Expected to Report Lower Earnings Owing to Low Interest Rates and

This week, the big U.S banks will begin to report their second quarter earnings.  JPMorgan Chase will start the chain of bank earnings report. In the reports, the market will search for clues about how the industry has been affected by 'Brexit' and the shifts in the global economy.

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