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Cost of diabetes epidemic reaches $850 billion a year
The number of people living with diabetes has tripled since 2000, pushing the global cost of the disease to $850 billion a year, medical experts said on Tuesday. The vast majority of those affected have type 2 diabetes, which is linked to obesity and lack of exercise, and the epidemic is spreading particularly fast in poorer countries as people adopt Western diets and urban lifestyles.
Wall Street's fear index jumps the most in 2 months as stocks retreat
A popular measure of volatility spiked the most in two months on Thursday as U.S. equity benchmarks retreated following news that a Senate tax bill proposes a delay in corporate tax cuts until 2019. The CBOE Volatility Index was up more than 16%, marking its sharpest climb since Sept. 5, the last time the Dow Jones Industrial Average and the S&P 500 index experienced a pronounced slide. The so-called VIX, which tends to climb when stocks fall, measures options bets on the S&P 500 index 30-days in the future and is viewed as a gauge of expectations for a market fall because prices tend to fall faster than they rise. The measure of implied volatility has been mostly muted, with trades far below its historic average around 19. Still, Thursday's spike brings it to a reading of 11.36, considered relatively subdued. Most recently, the Dow was down more than 200 points at 23,354, the S&P 500 was down 0.9% at 2,571, while the Nasdaq Composite Index slumped 1.2% at 6,710. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
'Iron man' flight sets first world record
Richard Browning crossed a lake in Reading at more than 30mph.
BRIEF-Reading International Q3 EPS $0.07
Reading International Inc(RDI) - * READING INTERNATIONAL ANNOUNCES THIRD QUARTER 2017 RESULTS. * Q3 EARNINGS PER SHARE $0.07. * Q3 REVENUE $66.1 MILLION Source text for Eikon: Further company coverage:
UPDATE 1-Venezuela Amuay refinery tank spills, cleanup started -PDVSA
MARACAY, Venezuela, Oct 31 (Reuters) - Venezuela's state oil
company PDVSA said on Tuesday that a storage tank at its Amuay
refinery had overflown because of heavy rains and that a cleanup
had begun to avoid the stain spreading further in the
Progress of U.K.'s Brexit bill to be delayed: reports
The U.K. government will delay putting forth a second reading of a bill for the U.K. to withdraw from the European Union as lawmakers have submitted a slew of amendments, reports said Wednesday. The EU Withdrawal Bill was expected to be debated this week, but it is likely not to be put in front of the House of Commons until mid-November, according to The Independent newspaper. . The opposition Labour Party's shadow Brexit team has submitted more than 20 amendments to the bill, and these are seen as holding up its progress in becoming law. Conservative Party members who back EU membership have also offered amendments, some of which have enough Conservative signatures to potentially threaten Prime Minister Theresa May's majority, The Guardian newspaper reported. It may be tricky to schedule the eight days of debate necessary before Christmas, as the government must also present its budget on Nov. 22, the Guardian added.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Gold prices post a gain for the session, up 2.3% for the week
Gold prices settled above $1,300 an ounce on Friday, lifting their weekly gain to 2.3%. Prices got a boost as a reading on U.S. inflation came in cooler than expected, raising uncertainty about the pace of U.S. interest-rate hikes by the Federal Reserve. December gold climbed by $8.10, or 0.6%, to settle at $1,304.60 an ounce. That was the highest finish since Sept. 25, according to FactSet data.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Security guard in Tesco Extra Reading roof protest
Adama Jammeh, who says he was falsely accused of stealing, tells the BBC "I'm still surviving up here".
Stocks see another record close as S&P 500 win streak hits 7 days
Stocks saw a modest rise Wednesday, with major benchmarks notching the latest in a series of record finishes after a round of strong economic data. The S&P 500 rose 0.1% to end near 2,537.74, while the Nasdaq Composite eked out a gain of less than 0.1% to finish around 6,534.63. The Dow industrials rose by around 20 points, or 0.1%, to finish near 22,662. Stocks rose after a positive reading on U.S. service sector activity in the Institute for Supply Management's nonmanufacturing index.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
U.S. stock indexes roll into record territory as S&P hits sixth straight gain
U.S. stock benchmark indexes all continued to set fresh records on Tuesday, helping the S&P 500 claim its sixth consecutive session of gains. The Nasdaq Composite Index rose 0.2% to close at 6531.7. The S&P 500 also rose 0.2% to end at 2534.5. The Dow Jones Industrial Average advanced more than 80 points to close at 22641. The small-caps index Russell 2000 treaded water at 1510. Upbeat economic data including a strong reading from the ISM manufacturing index has aided the rally in equities. Strong automotive sales in September pushed General Motor Co.'s share price to an all-time high. Tuesday's record-setting action follows a similar session in Monday when all U.S. stock indexes established new peaks. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Amazon's Alexa is seemingly everywhere — except an Amazon phone
Amazon is spreading its Alexa assistant to all kinds of devices. But it's still mostly confined to the home.
Pound hits 1-year high after U.K. inflation surprise
The U.K. pound surged to a one-year high of $1.3257, after spiking to $1.3283 after the Office for National Statistics said British inflation rose to 2.9% in August. That was above the 2.8% reading expected in a FactSet survey of analysts and compares with an annual rate of 2.6% in July. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Flight cancellations mount as Irma pushes north from Florida
Big airports in Florida remain closed, and flight cancellations are spreading north along the track of Tropical Storm Irma.
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