Finance

'Tariffs are the greatest!': Trump reissues threat against USA trading partners

The Trump administration will announce a plan Tuesday to direct billions of dollars to farmers hurt by the escalating trade war with China and other countries, according to a source a familiar wit...

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Mega Millions Jackpot Grows To $512 Million

Mega Millions Jackpot Grows To $512 Million

The ticket matched all five white balls drawn on Friday night, 01-14-30-44-62, but not the yellow Mega Ball 01, to win a $1 million prize. Here's what you need to know about the game. Do demographic...

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Trump administration to provide billions in aid to farmers hurt by tariffs

Trump administration to provide billions in aid to farmers hurt by tariffs

Mr. Trump tweeted from the White House that USA trade partners need to either negotiate a "fair deal, or it gets hit with Tariffs". Democratic U.S. One week later, autoworkers, foreign ambassadors...

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US, Iran face-off to send oil price sky high

US, Iran face-off to send oil price sky high

He said: "Iran has said very clearly that any war with them will be very costly, and this means American bases throughout the region could be a target". Many Iranians are largely skeptical of the T...

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Alphabet Stock Skyrockets on Stellar Earnings Despite $5 Billion E.U. Fine

Alphabet Stock Skyrockets on Stellar Earnings Despite $5 Billion E.U. Fine

Dusting off a $5bn European monopoly abuse fine over Google's Android business , parent company Alphabet delivered better than expected Q2 2018 earnings - lifting its shares in after-hours tradin...

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Prompted by Salmonella Concerns, Pepperidge Farm Recalls Goldfish Crackers

Prompted by Salmonella Concerns, Pepperidge Farm Recalls Goldfish Crackers

Pepperidge Farm is voluntarily recalling four varieties of Goldfish crackers because of the potential presence of Salmonella . How did Pepperidge Farm decide to issue this recall? Pepperidg...

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China's bond yields jump, yuan falls on policy stimulus bets

China's bond yields jump, yuan falls on policy stimulus bets

The spread between 10-year Chinese and U.S. Treasuries has narrowed sharply, touching 19-month lows on Thursday. The Bank of Japan has pursued an aggressive monetary stimulus to achieve its elusiv...

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New York Daily News axes half of its staff

New York Daily News axes half of its staff

Kay also lambasted Tronc for laying off John Harper, Frank Isola, and Mike Mazzeo, who is now in Tampa covering the Yankees-Rays series. The tabloid's longtime rival, The New York Post , reported ...

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Alphabet hits a record high after earnings top expectations (GOOGL)

Alphabet hits a record high after earnings top expectations (GOOGL)

Google parent Alphabet spent a whopping $5.5 billion on capital expenditures in the most recent quarter, almost doubling that output from a year ago as the company continues to expand its cloud busi...

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Tesla stock skids on reports it asked suppliers for refunds

Tesla stock skids on reports it asked suppliers for refunds

The electric automaker stressed that the request was essential to help it become profitable during a period of expensive production commitments. As investors started to get restless, Musk kept on maki...

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GST slashed: Sanitary pads, footwear, small TVs among 100 items impacted

GST slashed: Sanitary pads, footwear, small TVs among 100 items impacted

Even the Delhi high court had recently questioned the GST on sanitary napkins, asking, "If bindis, sindoor and kajal are kept out of the ambit of the GST, why can not sanitary napkins, which are ess...

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After Trump tweet, White House says Iran, not United States, is 'inciting'

After Trump tweet, White House says Iran, not United States, is 'inciting'

In his retort, Trump said, "WE ARE NO LONGER A COUNTRY THAT WILL STAND FOR YOUR DEMENTED WORDS OF VIOLENCE & DEATH". The recent anti-Iran tirades by the USA amount to "psychological warfare" and con...

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Tesla shares hit by report it is seeking refunds

It also said it had finally hit its target of making 5,000 Model 3 cars in a week at the end of June - a milestone that could mean it starts receiving payments to alleviate its cash crunch. Tesla down...

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Illnesses linked to McDonald’s salads sicken over 160, CDC confirms

Illnesses linked to McDonald’s salads sicken over 160, CDC confirms

Now, McDonalds has stopped selling their salads in over 3,000 restaurants in Illinois, Iowa, Indiana, Wisconsin, Michigan, Ohio, Minnesota, Nebraska, South Dakota, Montana, North Dakota, Kentucky, Wes...

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Trump ready to put tariffs on $500B of Chinese imports, report

Trump ready to put tariffs on $500B of Chinese imports, report

Also playing a role in the global tick-up in yields was a Reuters report that the Bank of Japan was in unusually active discussions to modify its massive easing program. The dollar index, which meas...

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Mega Millions Jackpot Grows To $433 Million

Mega Millions Jackpot Grows To $433 Million

The highest jackpot ever in the game: On March 30, 2012, Mega Millions produced a $656 million jackpot, split three ways. The jackpot, which was sitting at $433 million, has now jumped to almost a h...

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Trump tweet storm batters the USA dollar

Trump tweet storm batters the USA dollar

The Wall Street Journal's Grep Ip explains why Trump's anti-Fed outburst is in no one's interest, least of all his own. Trading partners including China , Canada, the European Union, and Mexico...

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Ritz Cracker products recalled over Salmonella fears

Ritz Cracker products recalled over Salmonella fears

There have been not been any reported illnesses in connection to the products. The recall only affects products sold in eastern Canada. It is conducting a food safety investigation, which it said ma...

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Ritz crackers nationwide due to salmonella

The recalled Ritz crackers were sold in packs of 180 grams, 30 X 42 grams and 42 grams. Food contaminated with salmonella may not look or smell spoiled but can still make you sick, the agency said...

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Facebook suspends analytics firm over data usage

Facebook suspends analytics firm over data usage

On Friday, The Wall Street Journal reported that it alerted Facebook to Crimson Hexagon's business dealings with a Russian nonprofit organization-the Civil Society Development Foundation-with ties t...

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Ryanair cancels flights due to stewards’ strike, 50, 000 passengers affected

Ryanair cancels flights due to stewards’ strike, 50, 000 passengers affected

Ryanair has called on Forsa to call off a planned strike which would result in 16 flights being cancelled out of Dublin on Tuesday. The Irish airline said in a statement it expected disruption to t...

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Trump slams Fed's rate policy despite strong economy

Trump slams Fed's rate policy despite strong economy

The magnitude of the imbalance has continued into 2018, with Chinese imports totaling US$205 billion in the first five months of the year and the deficit reaching US$152 billion. monetary policy. US...

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Marchionne could leave Ferrari earlier than expected!

Marchionne could leave Ferrari earlier than expected!

Though he has ruffled feathers at Maranello, Marchionne has been instrumental in seeing the Italian team's revival as it once again becomes a serious title contender, at the same time he has bought th...

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Indian rupee rises 21 paise to 68.36 against U.S. dollar

Indian rupee rises 21 paise to 68.36 against U.S. dollar

In the previous session, it hit an over two-week low of $798.14. "With the Dollars on a solid footing, gold prices should stay pressured lower for the foreseeable future as gold has wholly lost it...

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Sanitary napkins exempted from GST

Sanitary napkins exempted from GST

Other items for which the GST rate was cut include footwear, water heaters, electric irons, refrigerators, lithium ion batteries (used in electric vehicles), hair dryers, vacuum cleaners, food appli...

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Burberry burns millions in unsold products to protect brand

Burberry burns millions in unsold products to protect brand

Burberry believes the method is a way to control brand authenticity. Burberry, with a market capitalization of about $11.6 billion , isn't the only high-end brand destroying unsold stock to protect...

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Jet Airways places additional orders for 737 MAX aircraft

Jet Airways places additional orders for 737 MAX aircraft

Orders for aircraft are now sat at $95.5bn, which is $23bn up on the first two days of the 2016 Farnborough Airshow. It is customary for airlines and leasing companies to receive generous discounts ...

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'Chaos' at Heathrow after British Airways suffers 'systems issue'

'Chaos' at Heathrow after British Airways suffers 'systems issue'

The British Airways logo is seen behind barbed wire at Heathrow Airport, west of London May 24, 2010. " We apologise for any inconvenience that this has caused ", said a spokeswoman for Heathrow, Eu...

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Trump threatens tariffs on all US$505 billion of Chinese imports

He said: "China, the European Union and others have been manipulating their currencies and interest rates lower, while the U.S. is raising rates while the dollars gets stronger and stronger with each ...

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China's Xi holding up deal to resolve trade dispute: Trump adviser

China's Xi holding up deal to resolve trade dispute: Trump adviser

Kudlow said on Wednesday that Xi was "holding the game up". "I do not think President Xi, at the moment, has any intention of following through on the discussions we made". Kudlow said China cou...

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PM interacts with beneficiaries of rural electrification

PM interacts with beneficiaries of rural electrification

Modi said that it was hard to electrify the last 18000 villages, as most were in remote areas, hilly areas and areas with poor connectivity. In April, Modi announced that the Rs 76,000 crore Deenda...

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Australia Unemployment Data Due On Thursday

Australia Unemployment Data Due On Thursday

South Australia's jobless rate has fallen to its lowest level in nearly six years. Nearly 51,000 new jobs have been created over the past month, with a boost in both full-time and part-time position...

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USA launches national security probe into uranium imports

USA launches national security probe into uranium imports

The department's investigation could result in tariffs, quotas or other protections for the US uranium mining industry. The company said the paper ignored evidence that Energy Fuels and Ur-Energ...

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I’m ready to put tariffs on every import from China, Trump warns

I’m ready to put tariffs on every import from China, Trump warns

Trump also turned to Twitter to predict that US soybean farmers will emerge victorious from the US-China trade dispute . The US$500 billion figure is about the value of Chinese goods imported int...

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Leak confirms next Samsung smartwatch will be called the Galaxy Watch

Leak confirms next Samsung smartwatch will be called the Galaxy Watch

From the looks of it, this is a Note 9 prototype that was somehow photographed in the wild. If the branding does surface come August, it'll mark a major change of tack for Samsung, with the upcoming ...

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‘It’s not too late to save Brexit,’ Johnson tells United Kingdom parliament

‘It’s not too late to save Brexit,’ Johnson tells United Kingdom parliament

A Conservative MP has turned on his Prime Minister - Conservative leader Theresa May , submitting a " no confidence " letter. Loiseau told reporters she feared the result had further damaged the ch...

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Trump Slams Interest Rate Hikes, Ignoring Hands-Off Tradition Toward Fed

I want them to do well", the United States president said of China . "The president's comments may skew the committee in a hawkish direction", Michael Feroli, chief U.S. Mr. Powell argues that the ...

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Microsoft beats Wall Street targets on cloud services revenue

Microsoft beats Wall Street targets on cloud services revenue

Much of Microsoft's recent growth has been fueled by its cloud computing business, which has benefited from companies rushing to shift their workloads to the cloud to cut data storage and software...

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Trump Threatens to Slap Tariffs on Everything Imported From China

Asked on CNBC if he is ready to go to $500 billion - a number that almost matches the $505 billion in products that China exported to the U.S.in 2017 - Trump said, " I'm ready to go to 500 ". Along ...

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Trump says Fed tightening hurts, accuses China of currency manipulation

The Fed has kept interest rates abnormally low by modern standards since the 2007-2009 financial crisis. "Every time you go up they want to raise rates again", Trump complained. The Fed last rai...

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