Money


NASDAQ Reaches New Record High After Fed's Decision NASDAQ Reaches New Record High After Fed's Decision
- September 24, 2016

That could be key for Argentina, especially at a moment in which the country needs cheap credit to finance President Mauricio Macri's economic reforms. The Fed's decision does not reflect a lack of confidence in the economy, according to Yellen . Yellen said historically low rates haven't caused the economy to overheat as some analysts feared they would. (more...)
Bank of Japan policy tinkering explained
- September 22, 2016

London stocks rose on Wednesday after the Bank of Japan altered its stimulus programme to spur growth. The policymakers are also likely to downgrade their estimates for how many rate rises the economy will need in the coming years given that output, productivity and inflation are growing slower than in past decades. (more...)
Syria military denies bombing aid convoy
- September 21, 2016

The State Department also lay blame on the Assad regime, which it claims has "repeatedly denied entry to these United Nations convoys, preventing them from delivering urgent food, water and medical supplies to desperate Syrian citizens". While the United States initially said it was still hopeful of extending the truce, USA officials acknowledged in the wake of the attack that there might no longer be any agreement left to salvage. (more...)
Little movement in new interconnection points from Airtel, Vodafone, Idea: Jio Little movement in new interconnection points from Airtel, Vodafone, Idea: Jio
- September 21, 2016

Airtel said in a statement that although the interconnect agreement provided for a commissioning period of 90 days from the day of payment, it would work towards releasing the PoIs well ahead of the contractual obligation. With over 10 crore call failures per day between Jio and the three incumbent operators, the newest entrant in the telecom sector claimed that quality of service had deteriorated for consumers. (more...)
FDA tentatively approves first drug for muscular dystrophy
- September 21, 2016

The clinical trial Woodcock is referring to is a condition of the FDA approval where Sarepta will have to hold a randomized two-year trial to determine just how effective the drug is as a treatment . Scientists at the FDA were deeply divided, but on Monday, the agency finally approved the drug. "This acknowledges that the patient voice is important", Furlong said. (more...)
Ivanka Trump, Paul Ryan meet
- September 20, 2016

The meeting, which was requested by Ivanka Trump, took place after Ryan delivered a policy speech at the Economic Club of NY. Ivanka Trump has been a vocal advocate for her father on the campaign trail, most recently helping to promote the candidate's proposed paid maternity leave. (more...)