Archive | Money

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Lindsey Graham: Obama criticism of Trump bound to backfire

Even as he has largely remained out of the spotlight, Obama made clear he's paid close attention to the steady stream of headlines chronicling...

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Goldman Sachs shelves plans to build a crypto trading desk

Goldman has dropped the planned launch of a cryptocurrency trading desk to a lower spot on its list of priorities. His comments came after ...

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Oil steady on high OPEC supply ahead of Iran sanctions

OPEC and Russian Federation, the world's largest producers, promised to boost supply a few days afterwards. To reach the oil terminal on Kha...

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Ayanna Pressley's Surprise Upset Shows Women Of Color's Power In Democratic Politics

With no Republican on November's ballot for the district, Pressley is all but guaranteed to make history as the first black congresswoman from...

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Amazon Won’t Be Second to Apple for Long

Shares of Amazon's stock rose 1.9 percent Tuesday morning to $2,050.50 - 23 cents above the amount needed to bump Amazon over the $1 trillion li...

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Petrol price to rise by 5 cents

In Chennai, petrol costs Rs 82.24 while it is Rs 82.06 in Kolkata. Fuel prices continued to rise on Monday, with petrol and diesel prices touc...

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[H]ardOCP: China Wants to Regulate Games to Combat Myopia

The Chinese ministry of education released the new policy plans on Thursday after President Xi Jinping earlier this week called for greater na...

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President Kenyatta criticises Theresa May's 'rushed and belated' Africa visit

In Nairobi, the last stop on her three-country Africa trip, May was also at pains to assure the region's biggest economy that Kenya would not ...

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EU, Britain talk up chances of autumn Brexit deal

Mr Barnier has asked Brexit Secretary Dominic Raab to provide technical data on how checks and controls along the Irish Sea might work in the ev...

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The CBOE May Be Gearing Up To Offer Ethereum Futures

The parent company of the Chicago Board Options Exchange ( CBOE ), CBOE Global Markets , could be preparing to introduce trading of Ethereum...

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At 8.2 per cent, GDP clocks highest growth rate in 3 years

The International Monetary Fund has forecast GDP growth for the current fiscal year at 7.3 percent, rising to 7.5 percent the following year. ...

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Google and Mastercard are secretly tracking your offline purchases

While it is true that Google claims to be using this data to improve the internet surfing experience for its users, it is still a little worryin...

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Trump Proposes Freezing Federal Worker Salaries

Federal News Radio reports that a spending plan approved by the Senate includes a 1.9 percent pay raise for federal employees while the House...

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Here is why Warren Buffett believes the iPhone is 'enormously underpriced'

Buffett has traditionally invested in companies from sectors such as consumer, energy and insurance. With the help of deputies Todd Combs and...

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Ford ditches plan to sell China-made Focus crossover in US

Ford sells 2.5 million cars a year, so the Focus Active decision isn't hugely significant, but it could be a harbinger of other cuts by Ford or ...

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Trump says he could link cap gains taxes to inflation

Bloomberg's take: "A U.S. withdrawal from the WTO potentially would be far more significant for the global economy than even Trump's growing ...

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Coca-Cola to acquire Costa Coffee for €4.3bn

The company's long-term targets also remain unchanged. Coca-Cola's other investments in recent years have included milk that is strained to have...

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Trump cancels federal employee pay increases, citing financial concerns

The budget deficit adds up to $684 billion though the first 10 months of the 2018 fiscal year, up 21 percent from the same point last year, Mar...

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Tesla takes flight in Barrie, driver charged

The vehicle flew 100 feet in the opposing lane before skidding into a tree at the Assikinack Public School parking lot. " The driver and passe...

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Facebook rolls out Watch video service internationally

Facebook launched Watch amid a shift in video viewing habits away from traditional television to online platforms including Netflix and Hulu, an...

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Air Canada, WestJet checked baggage fee climbing to $30

Both airlines say they have to raise these fees because costs such as fuel are increasing. "It's tough, it makes it tough, everyone is trying ...

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Vodafone, TPG announce merger of equals

It's spun as a "merger of equals", which is almost true: TPG will own 49.9 per cent of the new TPG Telecom Limited, while Vodafone Group and Hut...

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RBI's currency report in charts

When Prime Minister Narendra Modi announced the demonetisation of Rs 500 and Rs 1,000 denominated currency notes, the total value of these hig...

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Elon Musk doubles down on ‘pedo’ claims against United Kingdom cave diver

Musk's Twitter page has been prone to these tweets, as the platform lacks moderation or voting mechanisms, allowing for scammers to reach the to...

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Warren Buffett's Berkshire Hathaway picks up stake in Paytm parent

Berkshire Hathaway Inc invested 25 billion rupees ($356 million) in the Indian company behind digital payments firm Paytm , according to a...

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Why did Saudi Arabia call off Aramco floatation?

An IMF report on the annual consultations predicted Saudi Arabia's gross domestic product would grow 1.9 percent this year, while the non-oil GD...

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Automaker Tesla to remain a public company, CEO Musk says

On Friday, Musk said that despite the decision to remain public, he believed there was " more than enough funding to take Tesla private". I...

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Manafort sought deal with Mueller, but talks fell apart

But Davis said Wednesday night that the reporting of the story got "mixed up" and that Cohen does not know whether Trump had prior knowledge o...

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Russian Rifle maker coming in manufacturing electric vehicles

Russian arms giant Kalashnikov unveiled its concept electric auto model at a major defence expo outside of Moscow yesterday. Kalashnikov pre...

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Fast data is critical to firefighters

I was able to work through Eric Prosser at the time to have service to the device restored and Eric communicated that Verizon had properly re-ca...

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US Fed to continue gradual rate hikes to manage potential risks

Federal Reserve chair Jerome Powell sees plenty of reasons the US economy's strong run will continue. Based on the futures market, invest...

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New York AG plans criminal investigation into Michael Cohen's taxes

Though not named in the Cohen case, Weisselberg is believed to be one of two Trump executives mentioned in the suit who reimbursed Cohen, an...

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Sanctions on Iran cloud supply outlook

Trade Representative, which has scheduled hearings this week on additional trade pressure on China . The U.S. -China trade dispute deepened, ...

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Trump's financial gatekeeper granted immunity in Cohen probe

The 71-year-old has been chief financial officer at the Trump Organization for years, and has served as treasurer for the president's personal...

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Pope arrives in Ireland, where Catholic Church faces abuse scandals

Collins a year ago resigned from a Vatican commission on child protection set up by the Pope over its failure to take action. "I myself share th...

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