Markets

Trump says U.S.-Mexico trade deal could be imminent

Trump says U.S.-Mexico trade deal could be imminent

Earlier in August, Mexican Economy Minister Ildefonso Guajardo expressed doubts that talks on the trade agreement would be finished in August, as had been previously planned. Asked about Trump's...

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Stocks cheer Fed chief speech, dollar dips

Stocks cheer Fed chief speech, dollar dips

Brett Ryan at Deutsche Bank wrote Thursday before Powell's speech that, "Powell's discussion will likely focus on longer-term issues for monetary policy , much as Wednesday's FOMC minutes did". "What...

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After California firefighter throttling flap, Verizon lifts first responder speed caps

After California firefighter throttling flap, Verizon lifts first responder speed caps

After taking criticism this week for throttling a fire department's data speeds during a wildfire, Verizon announced Thursday it no longer will place restrictions on data speeds of first responders du...

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Google will reportedly replace borked Pixel 2 XL handsets

Google will reportedly replace borked Pixel 2 XL handsets

Of course, these options are only Android's default settings; the feature's functionality can be enhanced with add-ons such as Edge Sense Plus. At this rate we wouldn't be surprised to see full revi...

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Columbus Kmart set to close in November

Columbus Kmart set to close in November

The company operated 894 Sears and Kmart stores as of May 5 before the latest closure rounds were announced, according to a filing. Another 100 stores were added to the list in May. Sears is continuin...

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USA sanctions two Russian shippers for oil transfers to North Korea

USA sanctions two Russian shippers for oil transfers to North Korea

European Commission deputy chief spokesman Alexander Winterstein, asked if commission president Jean-Claude Juncker still wanted an end to "Russia-bashing" or now favoured a tougher stance outlined by...

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Actions better than words, says Russian Federation after Trump offer

Actions better than words, says Russian Federation after Trump offer

In the worst reboot of The Hunt For Red October we've ever heard, Russian Federation has lost a secretive nuclear-powered cruise missile at sea during a failed test in the last several months, CNBC...

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Donald Trump says asking SEC to consider ending quarterly earnings reports

Donald Trump says asking SEC to consider ending quarterly earnings reports

The US President said he has asked the Securities and Exchange Commission to consider altering rules requiring firms to report every quarter. While Trump nominated SEC Chairman Jay Clayton ...

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Thanks to Trump, Turkey and Europe get closer

Brunson, a pastor who is a long time resident in Turkey , is alleged by the government to have links to the outlawed Kurdistan Workers Party and the Gulenist movement, both of which are accused of be...

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Saudi cuts oil output as OPEC points to 2019 surplus

Saudi cuts oil output as OPEC points to 2019 surplus

Global oil demand growth for 2019 was lowered by 20,000 barrels per day (bpd) to 1.4 million bpd while non-OPEC oil supply in 2019 was revised up by 30,000 bpd to 2.13 million bpd. Oil demand from A...

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Saudi Arabia’s Wealth Fund Looking To Invest In Tesla Buyout

Saudi Arabia’s Wealth Fund Looking To Invest In Tesla Buyout

In a blog post , Musk said the Saudi fund had been pushing to take the electric carmaker private in talks dating back almost two years and also backed the deal last week. But Musk says he's hoping ...

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Trump OKs stiffer tariffs on Turkish metals as lira plummets

Trump OKs stiffer tariffs on Turkish metals as lira plummets

The move against President Recep Tayyip Erdogan's government also highlights the disconnect between Turkey and the U.S.as they fail to negotiate their way out of an array of conflicts. Analysts su...

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China to slap additional tariffs on $16 billion of U.S. goods

China to slap additional tariffs on $16 billion of U.S. goods

The Chinese Ministry of Commerce announced a 25 percent charge on $16 billion worth of USA goods including coal, grease, Vaseline, asphalt and plastic products, and recyclables. China has already reta...

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Snapchat's new design is driving users away in bunches

Snapchat's new design is driving users away in bunches

Snap narrowed adjusted losses to 14 cents per share on a 44% hike in revenue to $262.3 million. Snapchat founder and Snap CEO Evan Spiegel blamed the decline in users on the redesign of Snapch...

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Doubts grow over Elon Musk’s master plan to take Tesla private

Doubts grow over Elon Musk’s master plan to take Tesla private

Musk later clarified in a blog post that "a final decision has not yet been made", while touting the benefits of running a private company away from the "enormous pressure" of Wall Street's quarte...

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Facebook shares stage comeback on bank Messenger talks

Facebook shares stage comeback on bank Messenger talks

To do the same with major banks, Facebook has been trying to convince them that the conversations will be secure and customers' personal data won't be used in advertising. A JPMorgan spokeswoman told ...

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Musk says he may take Tesla private and shares roar

Musk says he may take Tesla private and shares roar

Mr. Musk's account tweeted: "Am considering taking Tesla private at $420". " Funding secured ", the tweet added, offering no further details on timing or source of funding. His asking price of $420 ...

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Apple becomes world's first trillion dollar company

Apple becomes world's first trillion dollar company

Apple's share price has risen 22 per cent in 2018, eclipsing the US$200 mark earlier this year and valuing the company at more than $US1 trillion. Since the iPhone first went on sale in 2007, Appl...

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Zuckerberg loses $16 billion in record Facebook fall

Zuckerberg loses $16 billion in record Facebook fall

Even though things are now looking dismal for Facebook , there are a handful of Wall Street analysts who are holding to a positive outlook for the company, even though they conceded that the abysma...

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Trump and EU easing trade tensions a

Trump and EU easing trade tensions a "ceasefire", but pressure still on

After Trump slapped steep new tariffs on imports of foreign steel and aluminum earlier this year, China , Mexico, and the European Union imposed retaliatory tariffs on billions of dollars USA goo...

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