News That Matters

Tag: month

It's been a rough month for stocks. Take these steps to safeguard your portfolio

It's been a rough month for stocks. Take these steps to safeguard your portfolio

Finance
Many investors are breathing a sigh of relief following Monday's market rout and subsequent rally. That doesn't mean you should get too comfortable just yet. Even as the Dow Jones Industrial Average has gained about 650 points in the past two days, it is still down 5.1 percent for October. That makes it the worst month since January 2016. The S&P 500 has dropped 6.9 percent this month, the worst since September 2011. Financial experts emphasize that does not mean you should panic. But you should double check your strategy. ...
Crude oil stays steady with Iranian sanctions just a month away

Crude oil stays steady with Iranian sanctions just a month away

Business
Oct. 5 (UPI) -- Crude oil prices stayed steady Friday after a volatile week that saw the highest prices in four years.WTI crude was up 26 cents to $ 74.59 a barrel in mid-day trading while Brent was up 9 cents to trade at $ 84.67 a barrel. "Fundamental dynamics have shifted in favor of the bears this week with a huge build in commercial crude oil stocks and news that Saudi Arabia and Russia made a private agreement weeks ago to increase output to help offset the declining exports from Iran," said Tyler Richey, co-editor of the Stevens Report. On Nov. 4, sanctions will go into effect that will prohibit countries from buying Iranian crude oil. The Trump administration wants to cut off money from the Iranian regime to pressure the leaders back into a new nuclear agreement. Oil prices are up...
BMW to shut factory for a month after Brexit day

BMW to shut factory for a month after Brexit day

Business
Car giant BMW will shut its main British manufacturing factory immediately after Brexit day next year for several weeks, because of the rising risk of a "no-deal" divorce, Sky News has learned. The Mini plant in Oxford will not produce cars for at least a month from 1 April 2019, as the German giant activates the next stage of its no-deal contingency plans.During the referendum campaign, a number of high profile Leave campaigners claimed that an exit deal with the EU was inevitable because BMW would lobby German Chancellor Angela Merkel for one.David Davis, who later went on to become Brexit secretary, claimed in February 2016 that the UK is "too valuable a market for Europe to shut off". Image: Ex-Brexit Secretary David Davis sa...
Goal of the month: Vote for your favourite from August

Goal of the month: Vote for your favourite from August

Sports
There were some incredible goals in the first month of the new Premier League season. Vote for your favourite from August from the six options in the voting section of this page.The vote closes at 23:15 BST on Sunday, 2 September and the winner will be announced on Match of the Day 2. If you are viewing this page on the BBC News app please click here to vote.Download and listen to the latest Football Daily podcast Let's block ads! (Why?) BBC Sport - Sport
Nearly 60 bank branches closing every month

Nearly 60 bank branches closing every month

Business
Nearly 60 bank and building society branches are closing every month, according to research. Between the start of 2015 and the end of 2018, 2,868 branches have closed or are scheduled to do so and the numbers are getting worse.Consumer group Which? said that so far this year 670 branches have closed or been scheduled for closure, already close to the total for 2017, when 879 branches closed.Mobile banking trucks, online banking and phone apps may be promoted as suitable substitutes but they are not convenient or accessible to everyone.They can also be unreliable, as TSB's recent IT meltdown has shown.NatWest has closed the most branches, 638 having shut or being scheduled to close by the end of 2018, followed by HSBC (440), Lloyds (366) and RBS (350).Scotland has been parti...