NEW DELHI: A cautious US Federal Reserve maintained status quo on Federal Funds rates at fourth Federal Open Market Committee meeting in Washington on Wednesday. This is the fourth straight meeting in which the FOMC has decided against a rate hike after raising them for the first time in a decade back in December 2014. "The Committee decided to maintain the target range for the federal funds rate at 1/4 to 1/2 per cent.
NEW DELHI: The first presser of US President-elect Donald Trump could put IT and pharma stocks in a tight spot when the domestic market opens for trading on Thursday. Dow Jones, which was trading near the 20,000 mark ahead of the press conference, quickly pared gains towards the end of the session. However, SGX Nifty was trading with a slight positive bias at the time of writing of this report.
CNNCNN distanced itself from BuzzFeed on Wednesday after the digital news outlet published a document which contained unverified claims about President-elect Donald Trump's campaign conduct and personal life.
With the Senate already having launched the process of repealing Obamacare when, as reported yesterday, Senate Budget Committee Chairman Mike Enzi released a 2017 budget resolution setting up the process to partially repeal Obamacare early in Donald Trump’s administration, on Wednesday vice president-elect Mike Pence met with Republican congressional leaders to plot the
Reuters / Eduardo MunozPresident-elect Donald Trump announced on Twitter at the end of November that he would be leaving his business "in total" to "fully focus on running the country." He added that legal documents were being drafted that would remove him "completely" from business operations, and that he would hold a press conference on December 15 to explain the details.
In what is sure to be a fiery event, Trump is set to host his first press conference since being elected President at 11AM EST this morning. Will today's press conference be another political "rick-roll," as CNN's furious Jake Tapper described his last event at Trump International Hotel in Washington D.C., or will the anxious mainstream media finally get their shot at peppering Trump with questions about Russia, conflicts of interest and/or whatever the other "fake news" de jour is?
Facebook / Screenshot
Donald Trump held a surprise pre-debate press conference with three women who have accused Bill Clinton of sexual misconduct, and one woman who was a victim in a rape case in which Hillary Clinton defended the accused.
Appearing on stage with Trump were Paula Jones, Kathleen Willey, Juanita Broaddrick, and Kathy Shelton.