• A War of Words Between Trump and Comey

    A War of Words Between Trump and Comey

    Economy

    His regrets include making "thoughtless" statements about the Holocaust in a speech that angered Poland , as well as sounding off on an Apple advertisement that "bugged" him, he said - but not his conduct as Federal Bureau of Investigation chief.
  • IPhone exports accounted for quarter of Irish economic growth in 2017

    IPhone exports accounted for quarter of Irish economic growth in 2017

    Economy

    The IMF stuck to its most recent world growth forecast of 3.9 per cent for both this year and next. International Monetary Fund chief economist Maurice Obstfeld said global debt levels are very high, threatening repayment problems as central banks prepare to raise interest rates back to normal levels, at a time when many economies face lower medium-term growth rates.
  • New SRQ carrier Allegiant has safety record scrutinized on '60 Minutes'

    New SRQ carrier Allegiant has safety record scrutinized on '60 Minutes'

    Economy

    Safety experts say the numbers tell another story. Allegiant Air has said it wants to break ground on its Sunseeker resort this summer, building more than 700 condo units, along the Peace River in Port Charlotte. 60 Minutes took a hard look at discount carrier Allegiant Air Sunday night in a blistering report that centered on the airline's maintenance and operations practices which have led to a string of emergencies ranging from mid-air engine failure to unexplained fumes in cabins.
  • United Nations chief says Syria tensions could spark 'full-blown military escalation'

    United Nations chief says Syria tensions could spark 'full-blown military escalation'

    Economy

    Sweden on Thursday circulated a draft United Nations resolution on sending a United Nations mission to Syria to rid the country of chemical weapons "once and for all", according to the text obtained by AFP. Last October, the Council failed to renew the mandate of a UN-OPCW body, known as the Joint Inspection Mechanism, which was established three years ago.
  • Citigroup Inc. (NYSE:C) posts 1Q18 numbers; Tops Estimate

    Citigroup Inc. (NYSE:C) posts 1Q18 numbers; Tops Estimate

    Economy

    For example, if stock's weekly and monthly performances are positive as compared to year and YTD performance percentage also seems to decrease in comparison to the previous year performance , then one can say that the stock is bouncing back and may able to gain more and more in near future and vice versa.
  • No Car? Reserve One Via Uber Rent

    No Car? Reserve One Via Uber Rent

    Economy

    The platform launched in January, though those who wanted to use the Uber Bike by Jump service were required to join a waitlist. Uber wants to own a piece of every trip that happens in cities, from e-bikes to public transit - even if it's not an Uber-operated service.
  • Albania posts annual inflation of 2% in March

    Albania posts annual inflation of 2% in March

    Economy

    The government's gauge of consumer prices fell in March, pulled lower by an unexpected decline in gasoline prices. That put the core CPI above the Fed's 2% target for its preferred inflation measure, the personal consumption expenditure price index, which was up 1.8% in February.
  • Tariff Fears and a Jobs Report Send Stocks Lower

    Tariff Fears and a Jobs Report Send Stocks Lower

    Economy

    The Dow Jones industrial average fell 574 points, closing back in correction. Canada's main stock index fell in a broad-based decline that was led by energy and financial shares as renewed U.S. However, the U.S. Department of Labor said today (April 6) that only 103,000 jobs were created. The unemployment rate remained low and the job market looks fundamentally healthy, but it's possible some employers are struggling to find workers.
  • Dow falls 400 points as trade war fears return

    Dow falls 400 points as trade war fears return

    Economy

    The Cboe Volatility Index, the most widely followed barometer of expected near-term volatility for the S&P 500 , closed down 1.12 points at 18.94, its lowest close in more than two weeks. imposed the sanctions. That has investors anxious, because the U.S. Federal Reserve continues to hike interest rates. United States stocks were in the red throughout the session but losses deepened in the afternoon following an interview with Treasury Secretary Steven Mnuchin and a speech by Federal ...
  • Stocks Showing A Lack Of Direction In Morning Trading

    Stocks Showing A Lack Of Direction In Morning Trading

    Economy

    Fundamentals are holding the stock market up. At the same time, the Dow's price reached the top side (point 1) of a 70-year rising channel (point A). "As a sector, technology has the most to lose from a world in which global trade is restricted and of course, some of the subjects of the tariffs, will also be hit", said Rick Meckler, president of investment firm LibertyView Capital Management in Jersey City, New Jersey.
  • Snow exiting Mid-Michigan by later today

    Snow exiting Mid-Michigan by later today

    Economy

    There is another chance of snow Thursday night into Friday morning. Six to 12 inches of snow is possible for parts of Minnesota, Wisconsin and MI. Highs manage to hit the upper-40s by the late afternoon , melting most of any accumulating snowfall from the morning. The snow will likely change into rain later on Friday , as well, but that's still not the end.
  • Saks, Lord & Taylor Breach

    Saks, Lord & Taylor Breach

    Economy

    More than 5 million payment cards were allegedly stolen in the data breach , according to security firm Gemini Advisory , which first publicly reported the incident. Fin7 is the infamous organization for hacking renowned retailers like Whole Foods, Chipotle, Omni Hotels & Resorts, Trump Hotels, and others. Based on the analysis of the available data, the entire network of Lord & Taylor and 83 Saks Fifth Avenue locations have been compromised.
  • Wall Street slides on tech rout, Nasdaq erases 2018 gains

    Wall Street slides on tech rout, Nasdaq erases 2018 gains

    Economy

    The index , the Federal Reserve's preferred measure of inflation, has been below the US central bank's 2 percent target since mid-2012. The Dow Jones Industrial Average fell 2.4% while the S&P 500 was down 2.6%. Coper rose 1 cent to $3.06 a pound. Trump on Monday again criticized the e-giant's tax treatment as well as its its use of the United States Postal Service, tweeting: "Only fools, or worse, are saying that our money losing Post Office makes money with Amazon".
  • Wall Street set to open higher as tech stocks gain

    Wall Street set to open higher as tech stocks gain

    Economy

    The S&P 500 increased 35.87 points, or 1.38 percent, to 2,640.87. The Nasdaq added 3 points to 6,952. The S&P 500 index slipped 7.62 points, or 0.3% to 2,605, with six of its 11 main sectors ending in negative territory. The major indexes were headed higher from the start of trading Thursday as investors sized up several company earnings reports and new government data showing that spending by US consumers rose 0.2 percent in February, while their incomes increased 4.4 percent.
  • Amazon.com (AMZN) Given a $1700.00 Price Target by Loop Capital Analysts

    Amazon.com (AMZN) Given a $1700.00 Price Target by Loop Capital Analysts

    Economy

    Apple Inc. ( NASDAQ : AAPL ) has risen 19.49% since March 28, 2017 and is uptrending. It has outperformed by 106.22% the S&P500. The stock of Amazon .com, Inc. (NYSE:KW). Strs Ohio, Ohio-based fund reported 1,800 shares. Stocks On The Run: Amazon .com, Inc. Pathstone Family Office Limited Co stated it has 1.2% of its portfolio in Apple Inc.
  • Simpler Facebook Privacy Settings Are On The Way

    Simpler Facebook Privacy Settings Are On The Way

    Economy

    Facebook Chief Executive Mark Zuckerberg has repeatedly apologised for the mistakes the company made and has promised to crack down on abuse of the Facebook platform and restrict developers' access to user information. Facebook said on Wednesday it would overhaul its privacy settings tools to put users "more in control " of their information on the social media website.
  • Saudi Arabia and SoftBank plan world's largest solar project

    Saudi Arabia and SoftBank plan world's largest solar project

    Economy

    The project is also set to more than quadruple Saudi Arabia's solar capacity, which is now around 60GW. The SoftBank founder Masayoshi Son , who is known for his ardent support for ambitious endeavors, presented the project at a ceremony in NY with the crowned Prince Mohammad Bin Salman Al Saud.
  • Dow Jones surges 670 points as buyers come back to Wall Street

    Dow Jones surges 670 points as buyers come back to Wall Street

    Economy

    Investors were encouraged by signs that the US and China are open to negotiating to avert a trade dispute. The Dow is up 224.13 points or 0.9 percent at 24,426.73, the Nasdaq is up 16.64 points or 0.2 percent at 7,237.18 and the S&P 500 is up 13.52 points or 0.5 percent at 2,672.07.
  • Uber agrees to sell Southeast Asia business to rival Grab

    Uber agrees to sell Southeast Asia business to rival Grab

    Economy

    As part of the transaction, Uber would get a stake of as much as 30 percent in the combined business, said a source with direct knowledge of the matter who did not want to be identified as the deal is not yet public. Grab will extend its leadership as it takes over Uber's operations and assets in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines , Singapore, Thailand and Vietnam.