Stories about Finance

Jun 14 2018

GREAT AGAIN: Fed RAISES 2018 Economic Outlook, HIKES Interest Rates

The latest increase will bring the benchmark federal-funds rate to a range between 1.75% and 2%. It's the second rate hike under Powell, a Republican appointed to lead ...

Jun 14 2018

Navarro Voices Regret for Harsh Words About Canadian Leader

On Sunday, Navarro, who is Trump's most hawkish trade adviser, assailed Trudeau for engaging in "bad faith diplomacy" in the wake of the G-7 meeting. Bitter differe...

Jun 13 2018

Dixons Carphone uncovers unauthorised access of data

Dixons Carphone has revealed it has been hit by a huge data breach. The company stressed that the vast majority - 5.8 million - of these cards were protected by chip an...

Jun 13 2018

Uber Will Use Your Smartphone to Know If You're Drunk or exhausted

Rideshare giant Uber has applied for a patent in the United States, for software that will develop the ability to detect intoxicated passengers using machine learning. ...

Jun 13 2018

Fed raises key interest rate and sees possible acceleration in hikes

Announcing the decision to increase its target for the fed-funds rate to a range of 1.75% to 2%, the Fed described the United States jobs market as "strong" and said econ...

Jun 13 2018

Mike Pompeo says North Korea should disarm in 2 years

The coverage in the state-run paper, including 33 images of Mr. Trump, Mr. Kim and others at the summit, praised the "will of the top leaders of the two countries to put...

Jun 13 2018

Uber driver suspended after ‘kicking out a lesbian couple for kissing’

Alex Iovine (26) and Emma Pichl (24) left a friend's birthday celebration at a bar in Brooklyn at about 5pm and hailed an Uber to take them to another party in Manhattan...

Jun 13 2018

Oil prices slip as production rises

President Donald Trump is also pressuring them to temper crude prices. In its closely watched Monthly Oil Market Report published today, OPEC revised up its non-OPEC ...

Jun 13 2018

The Senate wrecked Trump’s deal to save ZTE

Days after the Trump administration agreed to restore Chinese telecom firm ZTE's access to its USA parts suppliers, a bipartisan group moved to block the deal . "There...

Jun 13 2018

Mercedes-Benz faces massive recall in Europe

With the new recall, Daimler is escaping massive fines of approximately $4.4 billion (estimated). "The government will order 238,000 Daimler vehicles to be immediat...

Jun 13 2018

Judge approves $85 billion AT&T-Time Warner deal

The Trump Justice Department sued to block the $85 billion merger, arguing that it would hurt competition in pay TV and cost consumers more to stream TV and movies. The...

Jun 13 2018

Is anything out of reach after historic summit with North Korea?

Rodman arrived in Singapore around midnight Monday, hours before President Donald Trump was set to meet Kim for an historic summit. But in return, Washington would of...

Jun 12 2018

Tesla to cut staff by 9 percent in drive for profitability

In May, Musk announced a " thorough reorganization " in a memo to employees. Mr Musk said the job cuts were a "difficult decision". Tesla announced Tuesday it pla...

Jun 12 2018

Watchdog wants Amazon to improve factory conditions in China

A number of dispatch workers do not receive a copy of their labour contract. This factory is owned by Hon Hai Precision Industry Co., also known as Foxconn, is locate...

Jun 12 2018

White House Trade Official Backs Away From His Insult to Trudeau

But more importantly, he should apologize to the Canadian public. The Australian and New Zealand dollars also declined amid risk-averse price action. "But actually we...

Jun 12 2018

Domino's Pizza fixes streets, fills potholes across America

Russell Weiner, president of Domino's United States of America explains, stated in a press release. Customers interested in nominating their town for a paving grant fro...

Jun 12 2018

Trump's vow to end military drills with South Korea stuns a region

It also seemed to leave officials completely off guard in South Korea, where the presence of USA troops has always been described as necessary to maintaining peace on the...

Jun 12 2018

Idaho, Utah among states to get Amazon Whole Foods discounts

Amazon is expanding the Prime member savings to an additional 10 states on June 13. Amazon cuts Whole Foods prices for Prime members while Target slashes the delivery...

Jun 12 2018

Trump and Kim sign unspecified documents

The Republican leader said: "People are going to be very impressed and people are going to be very happy and we are going to take care of a very unsafe problem for the wo...

Jun 12 2018

No joke: Elon Musk explains Tesla Roadster rocket thrusters

The automaker's CEO tweeted over the weekend that the all-electric $200,000 Roadster will be offered with a SpaceX option package that includes approximately "10 smal...