Category: Business » Financial Markets

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

16 Feb 15:19 | 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 13:02 | 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 12:23 | 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 10:55 | 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 20:39 | 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 13:04 | 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 13:02 | 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 »

Fact Sheets: U.S. Action on Food and Water Security Through Innovation, Finance, and Data

17 Nov 2016 | US Politics and Govt

U.S. Action on Food and Water Security Through Innovation, Finance, and Data Fact SheetOffice of the Spokesperson Washington, DC November 17, 2016 As communities across the globe increasingly feel the impacts of climate change, food security is at greater risk—in large part due to growing water insecurity. The threats to global food security and water access contribread more »

SEC Issues $20 Million Whistleblower Award

15 Nov 2016 | Business

The Securities and Exchange Commission today announced an award of more than $20 million to a whistleblower who promptly came forward with valuable information that enabled the SEC to move quickly and initiate an enforcement action against wrongdoers before they could squander the money.read more »

Movie Producer Charged With Defrauding Hedge Fund Investors

14 Nov 2016 | U.S. News

The Securities and Exchange Commission has charged a former movie producer and self-proclaimed private equity executive with defrauding investors in hedge funds and using the money he stole to support his extravagant lifestyle.read more »

Costco, GameStop and Best Buy Join Activision Blizzard to Support Veteran Hiring with Special Call of Duty(R): Infinite Warfare Holiday Seasonal Items

14 Nov 2016 | Entertainment

All Profits from Limited Edition Goods Will Support the Call of Dutyread more »

Mortgage Rates Spike After Trump Victory

10 Nov 2016 | Business

Mortgage rates were only modestly changed as the nation went to the voting booth, but rates have rocketed higher ever since Donald Trump was declared the winnerread more »

Mortgage Rates Inch Higher

4 Nov 2016 | Business

Mortgage rates were slightly higher this week with the benchmark 30-year fixed mortgage rate inching to 3.69 percent, according to Bankrate.com's weekly national survey. read more »

Call of Duty: Infinite Warfare Available Now Worldwide

4 Nov 2016 | Business

Bold New Call of Duty Redefines Franchise with Classic War Storyread more »

Mortgage Rates Mostly Unchanged

28 Oct 2016 | Business

Mortgage rates held steady this week with the benchmark 30-year fixed mortgage rate remaining at 3.64 percent, according to Bankrate.com's weekly national survey. read more »

Skylanders Academy From Activision Blizzard Studios Now Streaming

28 Oct 2016 | Business

The Netflix Original Series Stars Jonathan Banks, Parker Posey,read more »

Call of Duty: Infinite Warfare's Live-Action Trailer "Screw It, Let's Go To Space" Offers Gamers an Epic Escape from Craziness of 2016

25 Oct 2016 | Business

Activision's latest entry into the award-winning "There's a Soldierread more »

Call of Duty World League (CWL) Kicks-off New Season with North American Open December 16-18

24 Oct 2016 | Entertainment

Competition to Take Place at MLG Las Vegas in the Mandalay Bayread more »

Skylanders(R) Imaginators on Store Shelves Now -- Kids Can Create Their Own Skylanders for the First Time in Award-Winning Toys-to-Life Videogame

17 Oct 2016 | Entertainment

Fans to Receive a Free, Fully-Playable Kaos Toy with Purchase of Skylandersread more »

Call of Duty: Infinite Warfare Multiplayer Beta Begins Today, First on PlayStation(R)4

14 Oct 2016 | Entertainment

The First Beta Weekend Available Exclusively on PS4™ Starts Todayread more »

Hedge Fund Firm And Supervisor Charged With Failing To Prevent Insider Trading

14 Oct 2016 | U.S. News

The Securities and Exchange Commission has announced that a hedge fund advisory firm and a senior research analyst have agreed to settle charges related to their failures to detect insider trading by one of their employees.read more »

Mortgage Rates Notch Higher

7 Oct 2016 | Business

Mortgage rates moved higher this week with the benchmark 30-year fixed mortgage rate rising to 3.56 percent, according to Bankrate.com's weekly national survey. read more »

Court Imposes Record $1.3 Billion Judgment Against Defendants Behind AMG Payday Lending Scheme

6 Oct 2016 | U.S. News

A federal court has found that racecar driver Scott A. Tucker and several corporate defendants in a Kansas City-based payday lending scheme violated Section 5 of the FTC Act and has ordered them to pay $1.3 billion for deceiving consumers across the country and illegally charging them undisclosed and inflated fees.read more »

ATM Fees Set New Record High; Overdraft Fees Are Down

5 Oct 2016 | Business

ATM fees set a new record high for the 10th year in a row, with the total cost of using an out-of-network ATM withdrawal rising to $4.57, according to Bankrate.com's 19th annual checking survey. read more »

Mortgage Rates Fall To Nearly 3-Month Lows

30 Sep 2016 | Business

Mortgage rates pulled back this week to levels not seen since early July, with the benchmark 30-year fixed mortgage rate falling to 3.54 percent, according to Bankrate.com's weekly national survey. read more »

Two-Thirds Of Gen Xers Concerned About Retirement Savings

29 Sep 2016 | U.S. News

Nearly two-thirds (63%) of Gen Xers are kept up at night thinking about financing their retirement, and one in three is worried they're not earning enough money to be able to invest for the future, according to a survey by American Funds.read more »

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