Archive | Money

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Trump Predicts His Impeachment Would Trigger Stock Market Crash

Michael Cohen's guilty plea this week raised questions about President TrumpDonald John TrumpTrump praised White House defender who was sacked ...

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Trump's bad week: President's men turn against him

But as the perhaps the longest-serving employee in the Trump family business, he is rich repository of knowledge, and the idea of him answering ...

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Mexico, US, Expected to Announce NAFTA Agreement Thursday

Jesus Seade, chief negotiator for Mexico's president-elect, Andres Manuel Lopez Obrador. Despite the growing optimism around a deal, the U.S...

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US Slaps Even More Sanctions On Russia

An earlier foreign-currency buy announced this week by the Central Bank had increased downward pressure on the ruble. On Tuesday, the USA slap...

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Trump bashes Fed chief Powell in interview with Reuters

A Chinese central bank official said on Tuesday that China had taken note of the USA comments on the yuan, and said the two sides should communi...

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US and Turkey talking tough

Turkish President Recep Tayyip Erdogan on Saturday called bluff on the Trump administration for threatening his country with sanctions. "So...

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The rand climbs as dollar hit by Trump Fed comments

A Chinese central bank official said on Tuesday that China had taken note of the USA comments on the yuan, and said the two sides should commu...

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US imposes fresh sanctions for Russian cyber-related activity

Britain, the European Union, and the United States have blamed Russia for an attack with the Novichok chemical agent that sickened former Russia...

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Oil min. confirms official exit of French Total from Iran

The second round of embargo will be reimposed in early November with the aim of curtailing Iran's oil exports and shipping sectors. Meanwhile,...

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Trump's rant on interest rate rises depresses dollar

A day later, Dallas Fed President Robert Kaplan, who tends to align his views with those of Powell, released an essay that signaled he views a...

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Elon Musk Clarifies He Absolutely Wasn't Stoned When He Sent '420' Tweet

Isolating exactly which issue at Tesla is making shareholders the most nervous is hard, but the New York Times interview with Musk, publishe...

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Trump Call For SEC To Study Reporting Rules Sparks Debate

President Donald Trump said he's asked the Securities and Exchange Commission to study ending quarterly reporting for US businesses in order to...

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Genoa bridge collapse: thousands attend state funeral for victims

Chief executive Giovanni Castellucci said the company has a plan to demolish what is left of the largely concrete bridge and build a "less impos...

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Bitcoin's Price Falls Below $6K to Near 2018 Low

Steem (STEEM) traded down 2.9% against the dollar and now trades at $0.85 or 0.00013670 BTC . Ethereum, bitcoin's closest rival in market v...

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Unhealthy levels of chemicals present in cereals, report says

Other brands that tested positive for glyphosate included Kellog's Oat Bran, as well as granola and granola bars with oats. Some popular break...

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Google staff rally against censored Chinese search engine

Brin reportedly denied having knowledge of the program until after news leaked and what Brin described as "this kerfuffle" erupted. Google , ...

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Turkey will not surrender to U.S. economic coup: Erdogan

The Turkish lira stood at 5.80 per dollar on Friday, up about 0.4 percent against the dollar. The U.S. doubled its tariffs on metal imports f...

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Global stocks sink as Turkey fears hurt emerging markets

The Turkish lira stabilized as officials from Turkey and the US said the countries are in talks to ease diplomatic tensions which have resulte...

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Grappling with tweet aftermath, Musk acknowledges exhaustion

Money-losing Tesla has been burning through cash as it has aggressively ramped up Model 3 production, a process Musk has called "productio...

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China says U.S. solar tariffs violate trade rules, lodges WTO complaint

On June 21, India raised tariffs on US goods including soya oil, palm olein oil and cashew nuts. The Trump administration has defended the sol...

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USA threatens Turkey with more sanctions if it doesn’t free pastor

A higher court in Izmir upheld a lower-court decision that rejected the lifting of Brunson's house arrest, according to the state-run Anadolu ag...

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China, US To Hold Lower-Level Trade Talks In Late August

The two countries plan to launch a new round of tit-for-tat tariffs on $16 billion worth of goods from each country on August 23. China said o...

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Qatar promises $15 billion investment in Turkey

Doha has pledged to offer loans worth 15 billion US dollars to help Ankara ride out its lira crisis. In recent days, Qatari supporters of Turk...

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Qatar to aid Turkey, lira rallies, U.S. rejects lifting tariffs

Turkey's biggest mobile phone importing companies have cancelled their iPhone orders as Turkish citizens join a move to boycott USA products. ...

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Turkey retaliates against Trump tariffs, hiking fees on U.S

Sanders said Brunson's release would not lead to an easing in the tariffs, but that it could lead to an easing in sanctions . "The tariffs ar...

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Nigeria's inflation drops to 11.14% in July - NBS

London's property market has always been seen as a safe investment, fuelling a massive rise in prices partly driven by big-money foreign investo...

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Qatar promises $15B investment in Turkey - presidency

Erdogan blamed the crash of the lira on America, claiming a "political, underhand plot" had sent the value of his country's currency falling to...

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Turkey takes action in bid to curb currency crisis

Turkey accuses Brunson of espionage and is holding him under house arrest pending his trial. U.S. embassy charge d'affaires Jeffrey Hovenier o...

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Vermont’s Christine Hallquist Wins Primary, Could Be First Transgender Governor

Christine Hallquist won the Vermont Democratic Party's gubernatorial nomination Tuesday night, giving her a shot at becoming the country's first...

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Oil Prices Rise As US Sanctions On Iran Tightens Market

US light crude was unchanged at $67.63 a barrel. Front-month Brent crude oil futures were at $72.63 per barrel at 0509 GMT, down by 18 cents, ...

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Turkey: Misunderstanding between Trump and Erdogan tanked economy

Charge d'Affaires, spoke to reporters Tuesday after visiting Pastor Andrew Brunson who is being held under house arrest in the Turkish cit...

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Elon Musk taunts investors betting against Tesla

The complaints were filed three days after Elon Musk said it plans to remove Tesla from listing, proposing to take back each title for Dollars...

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More than 100 large wildfires in U.S. as six new blazes erupt

The Ranch Fire began on July 27, taking just 17 days to chew through an area more than 10 times the size of San Francisco. In all, it has burned...

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Tesla Board 'Totally Blindsided' by Musk's Suggestion to Take Company Private

Musk regarding any Going Private Transaction nor has it reached any conclusion as to the advisability or feasibility of such a transaction", the...

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Rupee Falls Sharply To Close At Record Low Against Dollar

The rupee recovered from all-time low of 69.91, gaining 11 paise to 69.80 against the U.S. dollar in early trade, on some macroeconomic boost. W...

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