Archive | Money

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China Plans Tariffs on $60 Billion of U.S. Goods

White House press secretary Sarah Huckabee Sanders countered by telling reporters today that "instead of retaliating, China should address lon...

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Apple’s Market Cap Hits $1 Trillion

That would value Apple at $1.3 trillion. APPLE OFFICIALLY BECAME the world's first trillion-dollar company on Thursday. And Apple face...

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Bank of England raises key rate to 0.75% in surprise unanimous vote

That was a fraction lower than a projection of rates of 1.2 percent the last time the BoE published forecasts for the economy in May. Here, we...

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Tesla rallies after reporting better-than-expected quarterly revenue (TSLA)

During a conference call with analysts, Musk said late Wednesday he expects Tesla to report profits in all future quarters as long as the ...

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Trump administration sanctions Turkish officials over detained American pastor

In a statement announcing the sanctions, the US Department of the Treasury said Gul and Soylu are the leaders of organisations that have eng...

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Yields edge up ahead of Bank of Japan announcement

The BOJ maintained its target for the 10-year government bond yield at around zero percent. During the two-day meeting, the BOJ also chose...

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Trader Joe's, Kroger wraps and salads may be affected by parasite

Department of Agriculture's Food and Safety Inspection Service (FSIS) announced Monday . After an FDA analysis confirmed the presence of Cyc...

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Uber stops developing self-driving trucks

In this photo from 2016, an Otto engineer sits behind the steering wheel of a self-driving, big-rig truck during a demonstration in San Francisc...

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Apple is climbing after topping Wall Street's earnings expectations (AAPL)

That was a gain of 17%, topping Wall Street's expectations and Apple's own internal forecast. Apple's stock is up 3.2% in after-hours tradin...

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Harley-Davidson will launch its electric LiveWire motorcycle in 2019

The company further said it will drive to extend its leadership in heavyweight motorcycles by continuing to develop improved, more technological...

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Tesla Sells Out of Its $1,500 Surfboards

The company also notes that the Tesla surfboard will fit comfortably inside or outside of its Model S, Model X and Model 3 vehicles. VERY L...

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McDonald's Introduces a Big Mac-Based 'Currency'

More than 6.2 million tokens will be distributed in the USA and 50 other countries. McDonald's has unveiled a new type of currency to celebrat...

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Facebook CEO's one day loss is nearly Nigeria's budget in 2017

Twitter shares plunged 20.5 per cent after the social media network reported a decline in monthly active users, versus the increase analysts ha...

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U.S. and European Union agree to work towards lower trade barriers

After crunch talks with the European Commission President, Mr Trump said both sides had agreed to "work together towards zero tariffs". The st...

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Amazon Profit Surges In Q2

A July event that the company created to drum up business during the summer shopping lulls, Prime Day, has become a bonafide event to rival Bl...

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Bitcoin slumps after U.S. regulators reject Winklevoss crypto exchange-traded fund, again

However, in June, Gemini Group placed on SEC's table, a proposal for a rule change. This time around, the SEC has highlighted issues with se...

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Chiyo Miyako, World's Oldest Person, Dead At 117

About it reports "Correspondent", referring to the website Guinness World Records . It's not now clear what caused Miyako's death. She was 117 ...

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Facebook (FB) Stock Sinks as Revenue Misses Expectations

Facebook saw a decline in Europe to 279 million daily users. Overall, average daily users increased 11 per cent from the period a year earlier....

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A day after Facebook's rout, Twitter plunges on weak user numbers

On Friday, Twitter reported a decrease in the number of monthly users on the site. "We are making active decisions to prioritize health initia...

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Oil prices climb as Iran-backed Houthi rebels attack Saudi Arabian tankers

Falih's statement said the two Very Large Crude Carriers (VLCCs) attacked were operated by Saudi shipping company Bahri, which identified th...

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Former Fiat Chrysler CEO Marchionne dies

So the news late last week that a sudden health crisis had forced FCA to replace him nine months before his planned retirement came as a shock...

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Facebook sets up subsidiary in China, where it's blocked

But it is not blocked in those countries. The subsidiary is registered in the city of Hangzhou in China's Zhejiang province. The company's sol...

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Canada and Mexico optimistic about NAFTA talks despite trade tensions at G20

The letter was delivered during a recent meeting in Mexico with senior USA officials, and details were disclosed once Trump had received it, sai...

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United States threatens to sanction Turkey over detained American preacher

Tony Perkins, president of the conservative Family Research Council and a diehard Trump fan , showed support for the White House's actions on ...

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California Mega Millions lottery ticket wins $522 million jackpot

Mega Millions tickets for may be purchased online at MichiganLottery.com and at the Lottery's 11,000 retailers around the state until 10:45 p.m...

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Xi calls for rejection of trade wars

Mr Trump has said he is ready to impose tariffs on all $500 billion of Chinese imports, complaining that China's trade surplus with the USA is d...

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Fiat Chrysler's Sergio Marchionne dies aged 66

He was replaced as chief executive by John Elkann last weekend after Fiat Chrysler said his condition had worsened. Marchionne had steppe...

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Facebook shares fall as user growth slows

The second quarter of the year was the first full quarter after the Observer reported in mid-March that millions of Facebook users' profiles...

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Juncker Should Hope Trump Doesn't See This Chart Before Meeting

The E.U. subsequently retaliated with tariffs on a number of US goods. Speaking ahead of the White House talks, Juncker admitted he was "not v...

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European Union agrees to buy more United States soy, import more liquified gas

As the dispute escalates, China and other importers have slapped tariffs on incoming shipments of USA soybeans, dairy, meat, produce, and liqu...

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Tuesday's Mega Mllions jackpot is at an astonishing $512 million

The deadline to buy your ticket for Tuesday night's drawing is 9:59 p.m. Tickets are $2 each. If there is no victor after Tuesday, the next draw...

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Trump plans $121 billion emergency aid to farmers hit by retaliatory tariffs

The proposal to stabilize farmers, some of whom have watched prices tumble amid ongoing trade disputes, is a recognition that Trump's tariffs ar...

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Impact of U.S.-China trade tariffs on U.S. companies

And he'll do everything he can to protect them, ' Gidley said. "This trade war is cutting the legs out from under farmers, and White House's "...

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Google parent Alphabet reveals better-than-expected earnings

Without the approx $5 billion European Union fine, Alphabet would have reported earnings of $11.75 a share. Google has been in the Europea...

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Iran Braces for ‘Mother of All Wars’ with US

In May, Trump announced that the United States is pulling out of the 2015 nuclear deal between Iran and six world powers and reimposing tough ...

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