Category: Business » Financial Markets

First Ever Call of Duty World League's (CWL) Global Pro League Presented by PlayStation(R) 4, Kicks Off Tomorrow in Columbus, OH

20 Apr 13:01 | Entertainment

Top 16 Teams Worldwide to Compete over 10 Weeks, Through Two Epicread more »

Activision Blizzard to Release First Quarter 2017 Financial Results on May 4, 2017

11 Apr 2017 | Entertainment

SANTA MONICA, Calif.--(BUSINESS WIRE)--read more »

Mortgage Rates Lowest Since Mid-January

7 Apr 2017 | Business

Mortgage rates fell to the lowest levels in nearly three months, with the benchmark 30-year fixed mortgage rate now 4.24 percent, according to Bankrate.com's weekly national survey. read more »

Call of Duty: Infinite Warfare Continuum Bolsters the Multiplayer and Co-Op Experience, Coming First to PlayStation(R)4 on April 18

4 Apr 2017 | Business

Features Four New Multiplayer Maps Including Re-Imagining of theread more »

Fed Rate Hikes Affecting Homeowners

4 Apr 2017 | Business

Although the Fed's recent interest rate hike signals renewed confidence in our economy and job market, many homeowners and home equity line of credit (HELOC) borrowers are questioning how this increase will impact their loans. read more »

Presidential Executive Order on Establishing Enhanced Collection and Enforcement of Antidumping and Countervailing Duties and Violations of Trade and Customs Laws

31 Mar 2017 | US Politics and Govt

EXECUTIVE ORDER - - - - - - - ESTABLISHING ENHANCED COLLECTION AND ENFORCEMENT OF ANTIDUMPING AND COUNTERVAILING DUTIES AND VIOLATIONS OF TRADE AND CUSTOMS LAWS By the authority vested in me as President by the Constitution and the laws of the United States of America, and in order to promote the efficient and effective administration of United States trade laws, it is hereby ordered as follows: Section 1.  Policy.  Importers that unlawfully evade antidumping and countervailing duties expose United States employers to unfair competition and deprive the Federal Government of lawful revenue.  As of May 2015, $2.3 billion in antidumping and countervailing duties owed to the Government remained uncollected, often from importers that lack assets located in the United States.  It is therefore the policy of the United States to impose appropriate bondinread more »

Daily Press Briefing by Press Secretary Sean Spicer -- #33

31 Mar 2017 | World

James S. Brady Press Briefing Room  1:40 P.M. EDT MR. SPICER:  Good afternoon.  First off, I want to catch everyone up who wasn’t able to make the briefing last night on the executive orders on the trade -- executive orders that the President is going to be signing this afternoon. The first order directs the Department of Commerce and the Office of the U.S. Trade Representative to examine every form of trade abuse and non-reciprocal practice that are currently contributing to the United States’ large and persistent trade deficit, which was the largest of any major nation in 2016 at $500 billion. Within 90 days, the Department of Commerce and U.S. Trade Representative will submit a comprehensive report to the President on the causes of our unduly large deficit.  It’s the first time in modern history that an American President has called for such an investigation, and its -- our firead more »

President Trump Restores Confidence in the American Economy

31 Mar 2017 | US Politics and Govt

“We’re going to win economically; we’re going to win with the economy.” – Donald J. Trump BUILDING CONFIDENCE IN THE AMERICAN ECONOMY: Since President Donald J. Trump’s election, economic indicators have responded with record confidence to his pro-growth agenda. Today, the National Association of Manufacturers released its Manufacturers’ Outlook Survey showing the highest level of optimism in 20 years. The Dow Jones Industrial Average is up over 12 percent since Election Day 2016. The Weekly Gallup Economic Confidence Index turned positive shortly after the President’s election and has remained positive for 19 consecutive weeks. The Business Roundtable’s CEO Economic Outlook Index recently jumped 19 points, the largest jump since 2009. The National Association of Home Builders Confidence Index currently is at its highest level in 12 years. read more »

Destiny 2 Announced: Blockbuster Sequel to the Biggest New Console Video Game Franchise Launch of All-Time Set for September 8

30 Mar 2017 | Business

Gameplay World Premiere Set for May 18read more »

New International Banking Rules Would Not Prevent Another Financial Crisis

28 Mar 2017 | Business

Current regulations aimed at reducing risk of crisis in the financial sector will not effectively reduce that risk, according to new research from the International Institute for Applied Systems Analysis (IIASA)read more »

OpTic Gaming Takes the Crown at Call of Duty World League Dallas Open Presented by PlayStation(R)4

20 Mar 2017 | Business

The Top Eight Teams Took Home Their Share of the $200,000 Prizeread more »

Call of Duty World League (CWL) Presented by PlayStation(R) 4, Takes over the Dallas Metroplex Beginning Today

17 Mar 2017 | Entertainment

North American, European and Asia-Pacific Teams to Compete Marchread more »

Research First To Show Effectiveness Of Federal Reserve Emergency Lending 2007-09

17 Mar 2017 | Business

This week, the Federal Reserve hiked interest rates for just the third time in nine years. While many Americans know the Fed for its role in making monetary policy, it serves another lesser-known but hugely important purpose: providing temporary, short-term funds to banks as a "lender of last resort."read more »

Mortgage Rates Hit Multi-Year Highs

17 Mar 2017 | Business

Mortgage rates increased for a third consecutive week, with the benchmark 30-year fixed mortgage rate rising to 4.44 percent, according to Bankrate.com's weekly national survey. read more »

Growth Forecast Unchanged Ahead Of Expected Rate Hike

16 Mar 2017 | Business

Growth expectations for 2017 remain subject to both upside and downside risks from potential policy changes as the Federal Reserve considers raising interest rates for the second time in three months, according to the Fannie Mae Economic & Strategic Research (ESR) Group's March 2017 Economic and Housing Outlook.read more »

Mortgage Rates Jump To Nearly 3-Year High

10 Mar 2017 | Business

Mortgage rates increased for a second week in a row, with the benchmark 30-year fixed mortgage rate rising to the highest level since April 2014 at 4.38 percent, according to Bankrate.com's weekly national survey.read more »

Activision Blizzard Recognized on Fortune's "100 Best Companies to Work For(R)" List for Third Consecutive Year

9 Mar 2017 | Business

SANTA MONICA, Calif.--(BUSINESS WIRE)--read more »

Portal Masters Switch It up with Skylanders Imaginators Now Available on Nintendo Switch

3 Mar 2017 | Entertainment

SANTA MONICA, Calif.--(BUSINESS WIRE)--read more »

Bank Card Default Rate Hits 42-Month High In January 2017

22 Feb 2017 | U.S. News

Data through January 2017, released by S&P Dow Jones Indices and Experian for the S&P/Experian Consumer Credit Default Indices shows the composite rate up three basis points from the previous month at 0.92% in January. read more »

President Donald J. Trump Nominates R. Alexander Acosta to be Secretary of Labor

16 Feb 2017 | World

Today, President Donald J. Trump announced his intent to nominate R. Alexander Acosta for the position of Secretary of Labor. Mr. Acosta is currently Dean of Florida International University Law School. Mr. Acosta has had a long and distinguished career in public service. He has served in three Presidentially appointed, Senate-confirmed positions, including as a member of the National Labor Relations Board. Mr. Acosta was the first Hispanic to hold the rank of Assistant Attorney General and went on to serve as the United States Attorney for the Southern District of Florida. Since 2013, Mr. Acosta has also served as Chairman of U.S. Century Bank, the largest domestically owned Hispanic community bank in Florida. “Throughout his career, Alex Acosta has been a passionate advocate for equal opportunity for all Americans,” said President Trump. “His extensive experience has tremendously impressed me and my team and makes us confident that he will lead the Dread more »

Activision Blizzard Announces New Call of Duty In-Game Purchase to Support Veteran Hiring

16 Feb 2017 | Entertainment

More Than 3,400 Veterans Placed in High-Quality Careers Throughread more »

Remarks by President Trump in Listening Session with Members of Congress

16 Feb 2017 | World

Roosevelt Room 10:53 A.M. EST THE PRESIDENT:  Thank you all for being here.  I had a lot of good discussions this morning.  I'm negotiating a lot of contracts that are saving billions and billions of dollars for the American people and for all of us, and I'm very proud of it. You know, the F-35 fighter jet, the Air Force One program, which was totally out of control and now it's back where it's supposed to go, and many other things.  In addition, I had a very good phone call this morning about a major plant that's moving back into the United States.  We'll be talking about it soon.   And what I do have is a little free time at about 12 o'clock.  So I don't think the press will want to show up, but I think I'll have a press conference probably at 12 o'clock in the East Room.  We had a little time in between things.  So if read more »

Readout of the Vice President's Meeting with Prime Minister Benjamin Netanyahu of Israel

16 Feb 2017 | US Politics and Govt

This morning, Vice President Mike Pence hosted Prime Minister Benjamin Netanyahu for breakfast at the Vice President's Residence at the Naval Observatory. The two leaders reaffirmed the special relationship between the United States and Israel and underscored the unbreakable bond between our two countries. The Vice President reiterated the United States' unwavering commitment to Israel's security and pledged to work with Prime Minister Netanyahu to address the shared challenges we face throughout the Middle East, including the threats posed by Iran and its proxies as well as ISIS and other radical Islamic terrorist organizations. The two leaders discussed ways that the United States and Israel can work more closely together on critical issues such as cyber security, intelligence cooperation, and energy.  They also agreed to work together against one-sided actions against Israel at the United Nations and other international forums, as well as boycotts tread more »

Joint Readout of Meeting Between President Donald J. Trump and Israeli Prime Minister Benjamin Netanyahu

15 Feb 2017 | US Politics and Govt

Today, President Donald J. Trump welcomed Israeli Prime Minister Benjamin Netanyahu to the Oval Office and reaffirmed the special relationship and unbreakable bond between the United States and Israel. The tremendous strength of the United States-Israel relationship is reflected in the close partnership between our governments, and also in the ties that connect the peoples of Israel and the United States. Our deep-rooted political, military, economic, and social ties reflect our shared values, strategic interests, and dynamic economic and trade relationship. In today's meeting, President Trump and Prime Minister Netanyahu agreed that there will be no daylight between the United States and Israel. The President underscored the United States' unwavering commitment to Israel's security, and that his Administration will safeguard and strengthen the overall security relationship. The President and Prime Minister agreed on the need to counter the threatread more »

Mortgage Rates Pull Back On Political Uncertainty

10 Feb 2017 | Business

Mortgage rates shifted into reverse this week, with the benchmark 30-year fixed mortgage rate sliding to 4.27 percent, according to Bankrate.com's weekly national survey. read more »

Call of Duty World League Presented by PlayStation(R) 4 Comes to Atlanta

10 Feb 2017 | Entertainment

More Than 175 Teams from Around the World will Clash in $200,000read more »

Mortgage Rates Slightly Changed As Fed Holds Steady

3 Feb 2017 | Business

Mortgage rates were only slightly changed this week, with the benchmark 30-year fixed mortgage rate inching higher to 4.33 percent, according to Bankrate.com's weekly national survey. read more »

Activision Blizzard Further Accelerates Global Growth Strategy with Launch of New Consumer Products Division

1 Feb 2017 | Business

Names Veteran Mattel and Disney Executive Tim Kilpin Division CEOread more »

Call of Duty: Infinite Warfare Sabotage DLC Available Now

31 Jan 2017 | Entertainment

First DLC Map Pack for 2016's #1 Top-Selling Video Game on Consoleread more »

Mortgage Rates Return To Highest Level In More Than 2 Years

27 Jan 2017 | Business

Mortgage rates reversed course this week, unwinding the decreases seen over the previous three weeks and returning to the levels seen in late December that are the highest since September 2014. read more »

Morgan Stanley, Citigroup Charged With Misleading Investors

25 Jan 2017 | Business

The Securities and Exchange Commission says Morgan Stanley Smith Barney and Citigroup Global Markets have agreed to pay more than $2.96 million apiece to settle charges that they made false and misleading statements about a foreign exchange trading program they sold to investors.read more »

Call of Duty World League (CWL) Presented by PlayStation(R) 4 Invades Texas with CWL Open Event

23 Jan 2017 | Entertainment

176 Call of Duty Teams from Around the World to Run the Gauntletread more »

Activision Blizzard to Release Fourth Quarter 2016 Financial Results on February 9, 2017

12 Jan 2017 | Entertainment

SANTA MONICA, Calif.--(BUSINESS WIRE)--read more »

Press Briefing by Press Secretary Josh Earnest, 1/6/2017

6 Jan 2017 | US Politics and Govt

James S. Brady Press Briefing Room MR. EARNEST:  Happy Friday, everybody.  Nice to see you all.  Before we get started, as you might judge from the monitors behind, we got a couple things we want to do at the top before we get started. As all of you saw this morning, today the final monthly jobs report of the Obama administration was released, and I want to go over a couple of the highlights here.   Like many of you, I've spent the first Friday morning of each month of the last eight years anticipating the monthly jobs data.  At the beginning of the administration, the earliest days of this presidency, the day that was in the minds of many people down right terrifying, our economy was losing hundreds of thousands of jobs a month and the unemployment rate was climbing sharply.  Eight years later, driven by the policies this administration put in place and the resilience of the American workfread more »

Mortgage Rates Slide To Start 2017

6 Jan 2017 | Business

Mortgage rates started off 2017 much differently than they finished up 2016 as mortgage rates pulled back, breaking a streak of nine consecutive weekly increases. read more »

Mortgage Rates Hit 27-Month High

23 Dec 2016 | Business

Mortgage rates climbed for the eighth consecutive week, with the benchmark 30-year fixed mortgage rate zooming to the highest level since September 2014 at 4.31 percent, according to Bankrate.com's weekly national survey. read more »

Call of Duty: Infinite Warfare Sabotage Coming First to PlayStation(R)4 on January 31

20 Dec 2016 | Entertainment

First Epic DLC Map Pack Features a Brand New ‘90s Themed Zombiesread more »

Call of Duty World League (CWL), Presented by PlayStation(R) 4, Takes over Las Vegas with First CWL Open Event of New Season

16 Dec 2016 | Business

Top Teams from North America and Europe will Gather to Battle inread more »

Mortgage Rates Continue To Climb

16 Dec 2016 | Business

Mortgage rates inched higher, rising for a seventh consecutive week, with the benchmark 30-year fixed mortgage rate rising to 4.18 percent, according to Bankrate.com's weekly national survey. read more »

Press Briefing by Press Secretary Josh Earnest, Deputy Press Secretary Jennifer Friedman, and CEA Chair Jason Furman

15 Dec 2016 | SciTech

James S. Brady Press Briefing Room 11:47 A.M. EDT MS. FRIEDMAN:  Good afternoon, everyone -- or morning -- as it is.  So before I turn this over to our esteemed CEA Chairman, Jason Furman, to talk about our eighth annual and final Economic Report of the President, I thought I'd take a couple minutes and just provide some context.  And so Jason and I will talk through the report a little bit and take a few of your questions.  And then we will turn it over to Josh to continue with our regularly scheduled programming. So as we've discussed many times in this room, the incoming President campaigned on a very different approach than President Obama, so we don't need to rehash all of that here.  But one way to think about this final Economic Report is as a comprehensive scoreboard of the economic progress over the past eight years.  And so this breezy, 594-page report -- (laughter) -- tread more »

Call of Duty: Infinite Warfare is #1 Top Selling Console Game Year to Date in U.S., Based on Revenues

15 Dec 2016 | Entertainment

Activision's Blockbuster Call of Duty Franchise is #1 Topread more »

Securities Traders Charged In Scheme That Netted $26 Million In Illicit Profits

14 Dec 2016 | Business

Two New Jersey-based securities traders have been arrested and charged with orchestrating a massive, long-running market manipulation scheme that netted them more than $26 million in illegal profits between 2014 and 2015.read more »

Mortgage Rates Continue To March Higher

9 Dec 2016 | Business

Mortgage rates nudged higher, rising for a sixth consecutive week, with the benchmark 30-year fixed mortgage rate rising to 4.15 percent, according to Bankrate.com's weekly national survey. read more »

Call of Duty World League (CWL), Presented by PlayStation(R)4, Kicks-off New Season with Invitational Tournament at PlayStation Experience (PSX)

3 Dec 2016 | Business

ANAHEIM, Calif.--(BUSINESS WIRE)--read more »

Mortgage Rates Continue to Rise

2 Dec 2016 | Business

Mortgage rates continued their upward path this week, with the benchmark 30-year fixed mortgage rate rising to 4.13 percent, according to Bankrate.com's weekly national survey. read more »

President Obama Announces More Key Administration Posts

1 Dec 2016 | US Politics and Govt

WASHINGTON, DC – Today, President Barack Obama announced his intent to appoint the following individuals to key Administration posts: Dave Ashok Chokshi -- Member, Advisory Group on Prevention, Health Promotion, and Integrative and Public Health Roel C. Campos -- Member, Board of Visitors to the United States Air Force Academy  Linda Garcia Cubero -- Member, Board of Visitors to the United States Air Force Academy     B. Alvin Drew – Member, Board of Visitors to the United States Air Force Academy   Lieutenant General Judith Ann Fedder (Ret.) – Member, Board of Visitors to the United States Air Force Academy    General Edward Rice, Jr. – Member, Board of Visitors to the United States Air Force Academy    Fread more »

Readout of Vice President Biden’s Call with Prime Minister Haider Al-Abadi of Iraq

1 Dec 2016 | World

The Vice President spoke today with Iraqi Prime Minister Haider Al-Abadi to discuss progress in the Iraqi-led campaign to liberate Mosul from the terrorist group ISIL. The Vice President commended Iraqi Security Forces for their battlefield successes, expressed condolences for all Iraqi lives lost in the fight against ISIL, and thanked Prime Minister Abadi for his leadership in the battle to liberate Mosul. The Vice President also welcomed the close cooperation between the Iraqi government and Kurdistan Regional Government to bolster security and ensure ISIL's lasting defeat in northern Iraq. The two leaders emphasized their respect for Iraq's sovereignty and territorial integrity and underscored their mutual commitment to the long-term strategic partnership between the United States and Iraq pursuant to the U.S.-Iraq Strategic Framework Agreement. read more »

Press Briefing by Press Secretary Josh Earnest, 12/1/2016

1 Dec 2016 | World

James S. Brady Press Briefing Room 12:20 P.M. EST MR. EARNEST:  Good afternoon, everybody.  Nice to see you all.  Before we go to your questions, I've got a little scheduling update for you. On Tuesday, the President of the United States will travel to Tampa, Florida, where he will meet with active-duty servicemembers at MacDill Air Force Base, the home of the U.S. Special Operations Command and U.S. Central Command.  While at the base, the President will have an opportunity to meet with uniformed leadership from both commands, as well as with some of the men and women stationed there.   Among those the President will meet with are members of our special operations community who, over the past eight years, have been a key element of our relentless pursuit of terrorists who had threatened the United States of America.  The President will offer his personal gratitude and that of theread more »

Modest U.S. Economic Growth Expected Despite Political Uncertainty

22 Nov 2016 | Business

The forthcoming change in the U.S. administration poses new uncertainties about the economy, but modest growth is still expected for 2016 and 2017, according to Fannie Mae's November 2016 Economic and Housing Outlook.read more »

Mortgage Rates Show Biggest Weekly Increase Since June 2013

18 Nov 2016 | Business

Mortgage rates soared this week, with the benchmark 30-year fixed mortgage rate rising to 4.01 percent, according to Bankrate.com's weekly national survey. read more »

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