United States

Deflation Headlines

FOREX-Euro near 9-year low, dollar firm ahead of US jobs data

The euro wallowed near a nine-year low on Friday on growing expectations the European Central Bank will embark on quantitative easing, while the dollar held firm before U.S. jobs data that could cement the case for a rate hike by the Federal Reserve.

Tesco kicks off fightback with cost cuts and asset sales

Tesco will slash costs and sell assets to fund lower prices and mend its finances, Britain's biggest retailer said on Thursday, as its new boss set out his plan to fight back from years of market share losses and an accounting scandal.


Former FBI No.2 McCabe fired; claims he is being targeted

WASHINGTON U.S. Attorney General Jeff Sessions fired the FBI's former No.2 official Andrew McCabe Friday, prompting McCabe to say he is being targeted because he is a crucial witness into whether President Donald Trump tried to obstruct the Russia investigation.