Tag Archives: first

Should You Invest in the Snapchat IPO? Read This First

Whether you’re obsessed with keeping your Snapstreaks going or have no idea what that means, you may be itching to invest in this week’s initial public offering of Snap Inc., parent company of the popular Snapchat app. The appeal is understandable. For users of the app, owning shares of a company you use every day (or hour) can seem like a ... Read More »

U.S. first quarter economic growth revised up on jump in consumer spending

The U.S. economy slowed less than feared in the first quarter due largely to a jump in consumer spending, providing a slightly more encouraging outlook for growth this year. Gross domestic product increased at a 1.4 percent annual rate instead of the 1.2 percent reported last month, the Commerce Department said in its final assessment for the period on Thursday. ... Read More »

Top 14 stocks which some MFs added for the first in the month of May

Indian market rallied as much as 17 percent so far in the year 2017 led by consistent infusion of funds by mutual funds (MFs) even as foreign portfolio investors (FPIs) slowed down their buying. The domestic mutual funds pumped in over Rs 20,000 crore in the stock market during April-May, said a PTI report. The flows were largely concentrated around ... Read More »

Fed is expected to ignore the fact that the economy barely grew in the first quarter

The Federal Reserve is expected to signal that it sees the paltry economic growth in the first quarter as a temporary phenomenon that will not get in the way of its plans to raise interest rates. The Fed has forecast two more interest rates hikes for this year, and the market thinks odds are greater than 50 percent that the ... Read More »

Never Finance Your First Motorcycle

You’ve done your research. You’ve test-ridden all sorts of motorcycles. You know what you want. So now you’re checking your credit score and seeing what kind of interest rate you can start making payments on your first bike. Great idea, right? Not at all, actually. We’ve posted a lot of stories here aimed at new and aspiring riders, and while ... Read More »

Singapore self-driving taxi has first ‘prang’

A self-driving taxi being trialled in Singapore has had its first accident. nuTonomy, the firm behind the scheme, said the car had clipped a small lorry while driving at about four miles per hour. It played down the incident as a “small prang”, saying only minor damage was caused and that neither of the two engineers on board were hurt. ... Read More »

Driverless vehicle to be tested on UK streets for the first time

Oct 11 A driverless vehicle carrying passengers will take to Britain’s public roads for the first time on Tuesday, as part of trials aimed at paving the way for autonomous cars to hit the highways by the end of the decade. The government is encouraging technology companies, carmakers and start-ups to develop and test their autonomous driving technologies in Britain, ... Read More »

Man Utd first UK football club to earn £500m in a year

Manchester United has recorded record revenues of £515.3m for the 2016 financial year, the first UK football club to do so. In a year when it won the FA Cup, the Old Trafford club also signed 14 sponsorship deals, and saw commercial, matchday and TV revenues all rise. It is now predicting 2017 revenues of up to £540m, even though ... Read More »

China August Imports Rise for First Time in Nearly Two Years

China’s imports unexpected rose in August for the first time in nearly two years while exports fell at a more modest pace, suggesting demand at home and abroad may finally be perking up and putting the world’s second-largest economy on a more balanced footing. Exports fell 2.8 percent from a year earlier, the General Administration of Customs said on Thursday, ... Read More »

First Direct wins gold for customer satisfaction

First Direct has been voted the best bank for customer service in a new poll – but HSBC, its parent company, was ranked the worst. More than 8,000 users of Martin Lewis’s MoneySavingExpert website took part in the survey, which is carried out twice a year. It focuses on what people think about the service offered by their current account ... Read More »