Top economist El-Erian says the Fed could have avoided ‘higher, faster, longer-lasting’ rates and elevated recession risk if it had acted sooner

Top economist Mohamed El-Erian said many have lost faith in the Fed. Photo by Rob Kim/Getty Images The Fed raised interest rates by 75 basis points on Wednesday, marking its third straight rate hike. It signaled more hikes ahead to tame inflation, but the move risks tipping the economy into recession. El-Erian said higher, faster […]

Heart disease: The popular non-alcoholic drink associated with a higher risk – new study

ALTHOUGH the summer is gone, enjoying a chilled glass of a sugary fizzy drink is not completely off the table. Beloved by many, soft drinks are a popular choice whether you reach for a cola or lemonade. While refreshing beverages are highly enjoyable, a certain ingredient hidden in each bottle could boost your risk of […]

US stocks finish lower as strong services report backs Fed’s view to keep pushing interest rates higher

Traders work on the floor of the New York Stock Exchange Andrew Burton/Getty Images US stocks fell Tuesday, turning lower in the post-Labor Day session.  Stocks gave up earlier gains after a stronger-than-expected ISM services report.  That bolstered views that the Fed sees the economy as strong enough to take on more rate hikes.  US […]

More than 6 drinks a week leads to higher health risks, new report suggests — especially for women

Having more than six drinks per week leads to an increased risk of a host of health issues, including cancer, according to new proposed guidelines published Monday. And for women who have three or more drinks per week, the risk of health issues increases more steeply compared to men.

Captain Marvel 'review bombing' FAILS: Global box office HIGHER than Star Wars Last Jedi

The Marvel movie’s box office takings have been of particular interest to analysts, given the concerted efforts by trolls, bots and misogynists to drag down its audience review scores on Rotten Tomatoes and IMDb, and ‘dislike’ any related videos on YouTube. And while the film’s critics’ reviews haven’t quite been glowing (most sit around the […]

Pound to euro exchange rate: Brexit uncertainty sparks ‘higher’ exchange rate before vote

The ongoing Brexit uncertainty “lit a fire” sending the value of sterling soaring last week, according to experts. The failure of Prime Minister Theresa May and her government to find a divorce deal from the European Union has sparked unexpected consequences for the pound. Earlier this month, the pound reached a two month high against […]