Money

Oil Prices Slip but Hedge Funds Remain Bullish

Oil Prices Slip but Hedge Funds Remain Bullish In the report, OPEC said its oil output rose in August by 278,000 barrels a day to 32.56 million barrels, following the June deal. The IEA said tightening supply was putting increasing pressure on prices: “The price range for Brent of $70-$80 per barrel in place since April could be tested, ” it said. [Full Article...]

China raises tariffs on $60B of USA goods in technology fight

China raises tariffs on $60B of USA goods in technology fight Trump threatened Monday to add a further $267 billion in Chinese imports to the target list if China retaliates for the latest US duties. Beijing has retaliated in kind, but some analysts and American businesses are concerned it could resort to other measures such as pressuring USA companies operating in China. [Full Article...]

'Disgruntled Employee' Accused of Putting Sewing Needles in Strawberries: Cops

'Disgruntled Employee' Accused of Putting Sewing Needles in Strawberries: Cops Queensland chief health officer Dr Jeannette Young said the contaminated brands came from a farm in south-east Queensland , and were sold to Woolworths , but could also have been distributed to other stores. "And told the teacher there was a needle in his strawberry". "It wasn't five minutes later they rang back and said it was too late, he'd actually bitten into it", she told ABC radio. [Full Article...]

Trump tweets Obama quote that never happened about economic performance

Trump tweets Obama quote that never happened about economic performance President Trump has attributed a false quote to Barack Obama in a tweet about the USA economy. Gasparino's tweet referenced Trump's incorrect assertion that GDP had exceeded the nation's unemployment rate for the first time in 100 years. [Full Article...]

Apple Says China Tariffs Will Hurt Its Competitiveness and Raise Prices

Apple Says China Tariffs Will Hurt Its Competitiveness and Raise Prices The company said the tariffs would "show up as a tax on U.S. consumers" and "increase the cost of Apple products that our customers have come to rely on in their daily lives". That was considered Mr Trump's most significant trade move since his decision to pull the U.S. out of the TPP and renegotiate the North American Free Trade Agreement (Nafta). [Full Article...]

Mercedes takes on Tesla with fully-electric SUV ZlotoNews

Mercedes takes on Tesla with fully-electric SUV ZlotoNews In terms of competition, the Mercedes-Benz EQC rivals the likes of the Jaguar I-Pace which is already listed on Jaguar's India website, Tesla Model X and the soon to be unveiled Audi e-tron. An illustration of the EQC's 80kWh battery pack. The SUV features electric drivetrains on the front and rear axles for all-wheel-drive capability, and performance is in the upper league with claimed sy... [Full Article...]

Goldman drops bitcoin trading plans for now

Goldman drops bitcoin trading plans for now Earlier this year, Goldman Sachs was very enthusiastic about entering the cryptocurrency market . The fragility of the crypto market was tested by this news as it took Bitcoin ( BTC ) down over five percent bringing it below Dollars 6400. [Full Article...]

Two men sneak in self-made poster at McDonald’s for Asian representation

Two men sneak in self-made poster at McDonald’s for Asian representation In June, Maravilla and Toledo went to work on their poster. Surprisingly, the outlet seemed to have no clue about the fake installation almost two months later. "It fit me perfectly", he said. Then we took a pic with our pic in the frame and put that in another frame! And apparently, McDonald's isn't the only one lovin it ...because the poster is still up 50 days later! " I wanted people to... [Full Article...]

Rep. Lynch beats Democratic primary challengers Wu, Voehl

Rep. Lynch beats Democratic primary challengers Wu, Voehl Capuano is a white dude. "I knew we would be essentially, alone", Pressley said during her victory speech. Pressley beat Michael Capuano , a 10-term incumbent, in Massachusetts' 7th District. Mike Capuano has just conceded to challenger Ayanna Pressley at his campaign headquarters in Somerville. Pressley is originally from Chicago, Illinois. [Full Article...]

Amazon follows Apple to cross trillion-dollar milestone

Amazon follows Apple to cross trillion-dollar milestone Apple topped the $1 trillion mark in early August. One trillion is a hard number to imagine, regardless of what's being counted. At the time, the company revealed that it slightly missed the sales figures Wall Street analysts had been hoping for, but more than exceeded their expectations for profits, with earnings of $5.07 per share on profits of $2.53 billion for the quarter. [Full Article...]

Fuel prices to remain unchanged: Radebe

Fuel prices to remain unchanged: Radebe Fuel prices in all metro cities are once again at an all-time high. The price of petrol in Delhi was Rs. 79.15 per litre on September 3. There are reports that the devaluation of the Indian rupee against the United States dollar and hike in crude oil price in the global market could be the two reasons behind the persistent fuel price hike. [Full Article...]

Trump responds to leak of off-the-record comments in Bloomberg News interview

Trump responds to leak of off-the-record comments in Bloomberg News interview Our officials are continuing to work towards the agreement. -Canada negotiations had generated hopeful signals from both camps that a deal could be struck by the end of the week - but hard discussions about dairy and dispute settlement remain, and were holding back progress on Friday morning. [Full Article...]

Drones and stakeouts - how Tesla 'haters' put pressure on CEO Musk

Drones and stakeouts - how Tesla 'haters' put pressure on CEO Musk Musk posted the tweet in response to an article about the removal of accounts responsible for coordinated manipulation on Twitter, praising the micro-blogging platform's actions. He also said the submarine wouldn't have been able to navigate the complex tunnels of the Tham Luang cave complex, adding Mr Musk was not needed and was asked to leave. [Full Article...]

Where's The Black Money? Almost All Banned Notes Returned: Foreign Media

Where's The Black Money? Almost All Banned Notes Returned: Foreign Media RBI's annual report says overall detection of counterfeit notes in fiscal 2018 was 31.4% lower than the previous fiscal. For instance, the SBI's economic research department, headed by chief economist Soumya Kanti Ghosh, predicted that up to Rs 2.5 lakh crore wouldn't come back into the banking system . [Full Article...]

Powell signals more hikes ahead if United States economy stays strong

Powell signals more hikes ahead if United States economy stays strong Powell , speaking at the annual Jackson Hole monetary conference, also said declining economic mobility, an unsustainable federal deficit and low productivity are long-term structural challenges. The Fed under Chair Jerome Powell has been raising rates and is expected to do so again when policymakers meet next month. The economy is strong and the Fed must walk a tight line between not snuffing... [Full Article...]

Oil rises above $74 on report of USA inventory drop, Iran sanctions

Oil rises above $74 on report of USA inventory drop, Iran sanctions Giovanni Staunovo, a commodity analyst and chief investment officer at Swiss bank UBS, said in response to questions emailed from UPI that API is the main driver behind the rally this morning, though official data from the U.S. Iran is the third-biggest producer within the Organization of the Petroleum Exporting Countries (Opec) and the nation exports around 2 million barrels per day of crude... [Full Article...]

Pope arrives in Ireland for first visit in 40 years

Pope arrives in Ireland for first visit in 40 years So the president of Ireland , the prime minister of Ireland, and the survivors of abuse in Ireland were hoping for more than tough talk. The visit was originally meant to celebrate Catholic families. They set children's shoes on the pavement, each representing a child who had been abused by priests. Pope Francis is the 266th Catholic Pope and current sovereign of the Vatican. [Full Article...]

Benchmark S&P 500 in longest bull-market run ever - says who?

Benchmark S&P 500 in longest bull-market run ever - says who? The S&P 500 rose 17 points, or 0.6 per cent, to 2,874, beating the record it set in January by two points. "That potential new high is important", S&P Dow Jones Indices analyst Howard Silverblatt wrote in a research note . The Nasdaq Composite (. IXIC ) dropped 15.13 points, or 0.19 percent, to 7,844.04 at the opening bell. The Dow Jones Industrial Average finished down 76.62 points (0.30 per c... [Full Article...]

Aussie PM holds on for now amid leadership crisis

Aussie PM holds on for now amid leadership crisis Many Liberal MPs openly admit they don't have a clue about who will be the prime minister and leader of their party by early afternoon. "You can't demand support from your people and then when the time comes for your support, decide that you've had enough of the show", former deputy prime minister Barnaby Joyce said. [Full Article...]

Trump says US market would 'crash' if he were impeached

Trump says US market would 'crash' if he were impeached The Manafort conviction was the first case sent to trial by the special prosecutor probing Russian meddling in the 2016 election. I think everybody would be very poor. Trump has insisted that he only found out about the payments after they were made, despite the release of a September 2016 taped conversation in which Trump and Cohen can be heard discussing a deal to pay McDougal for her story of a... [Full Article...]


1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17  Next »