Boston Fed President Eric Rosengren on Monday called for the U.S. central bank to step up its pace of interest-rate increases from the once-a-year pattern it has pursued since 2015, warning of inflation risks if it does not. “I expect that appropriate monetary policy will need to normalize more quickly than over the past year,” Rosengren said in remarks prepared for delivery to the Connecticut Business and Industry Association. At 4.7 percent, unemployment is now at a level that is sustainable over the long-run, he said, and inflation is on track to reach the Fed’s 2-percent target by the end…
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Check out which companies are making headlines after the bell on Monday: Shares of Barracuda Networks surged in extended trade after the company posted earnings per share of 22 cents on $88.8 million in revenue. Analysts projected the company would report earnings of 14 cents per share on $86.6 million in revenue, according to StreetAccount consensus estimates. WD-40 Company shares fell in late trading after the company posted earnings of 82 cents per share on net sales of $89.2 million. Those figures were below analyst expectations for earnings of 87 cents per share on $96.3 million in net sales, according…
Donald Trump’s special advisor on regulation, Carl Icahn, told CNBC that he believes the president-elect can stop what he considers to be foolishness in regulation in the United States. Icahn, a frequent critic of some Obama administration rules, told CNBC’s “Fast Money” on Monday that before Trump’s victory, he thought “this country was going downhill fast,” adding that he still thinks there are problems. “I really backed Donald. Number one, I think he’s smart and I think he’s one of the few people that can really shake up the establishment and stop what I consider to be almost idiocy with…
It is widely speculated that the policy, which is all set to roll out, will support students to realise their innovative ideas into reality. Gujarat Chief Minister Vijaybhai Rupani. RELATED STORIES IITs want to introduce executive M.Tech Mehbooba Mufti announces ex-gratia relief of Rs 5 lakh, jobs to victims of Kashmir unrest Telangana to mark Osmania University’s 100 year anniversary J&K education department announces photography competition: Students to capture beauty of snowfall Delhi: Admissions under EWS category starts today In what appears as a major boost among the students to be more innovative, the Gujarat government has, of late, determined…
While the admission process for the two categories will be duly ended on January 31, 2017, result for first list will be released on February 28, 2017. Representational image RELATED STORIES IITs want to introduce executive M.Tech Mehbooba Mufti announces ex-gratia relief of Rs 5 lakh, jobs to victims of Kashmir unrest Telangana to mark Osmania University’s 100 year anniversary J&K education department announces photography competition: Students to capture beauty of snowfall Delhi: Admissions under EWS category starts today Admissions for the two categories – Economically Weaker Section (EWS) and Disadvantaged Group (DG) – for entry level classes in Delhi…
Effigies of chief minister K Chandrasekhar Rao were burnt by Osmania University (OU), Hyderabad students, in regards with the protest arising due to the government not fulfilling its promise of providing jobs. Before coming into power, the TRS had promised students and claimed it would give them jobs in the government sector. Representative Image RELATED STORIES IITs want to introduce executive M.Tech Mehbooba Mufti announces ex-gratia relief of Rs 5 lakh, jobs to victims of Kashmir unrest Telangana to mark Osmania University’s 100 year anniversary J&K education department announces photography competition: Students to capture beauty of snowfall Effigies of Chief…
CyberPowerPC’s $499.99 Gamer Ultra VR is the first desktop ready for the Oculus Rift headset that is priced under $500, but there’s a caveat. You’ll need to buy it with the Oculus Rift headset, which costs more than the PC at $599.99. The bundle will put you back $1,099.98, but that’s still a good deal for an Oculus Rift plus desktop, which could otherwise get pretty expensive. The Gamer Ultra VR desktop is available on Best Buy and will also be sold by Amazon. The standalone price for the desktop without the headset is $649.99 on both Best Buy and Amazon. By…
Samsung’s Gear VR and Google’s Daydream have made untethered VR the norm for Android devices. Mobile VR devices like the Pico Neo CV that track users as they roam around a room, however, are something a bit more special. Pico’s Neo CV is similar to devices like the HTC Vive in that it offers true untethered VR with six degrees of freedom. Though the Vive uses a pair of base stations to track movement, the Neo CV does not. Instead, it uses a front-facing fisheye camera and a series of gyroscopes to track the user’s relative position inside of a room,…
If there’s one thing Verizon loves to do, it’s bouncing around the cost of its smartphone upgrade fee. After Verizon introducing a $20 upgrade fee in April 2016, it’s now raising the cost even further. Whenever you swap out your existing phone—whether through a straight-up purchase or a monthly payment plan with the carrier—Verizon adds $30 to your bill. Verizon will refund the charge to anyone who returns their new device within 14 days after purchasing it. When asked about the reason for the price increase Verizon didn’t have much to say beyond a boilerplate statement. “These fees help cover increased cost…
On Sunday HMD Global unveiled its first Android-powered Nokia smartphone – Nokia 6. Initially it was only shown in Black color but now it looks like there might be another option. Front • Right side • Left side • Back According to a listing by the Chinese certification authority TENAA Nokia 6 will be also available in Silver. Reports say the device will be available tomorrow, but this new hue might take a while longer to appear source”cnbc”