Finance

Pres. Trump laments decades of USA trade policy

Pres. Trump laments decades of USA trade policy A pan-European Business Confederation on Thursday applauded the trade relations agreement. Ex-Tory leader Iain Duncan Smith said: "What Mr Trump demonstrates is a lesson for Britain's so-called negotiators - don't try figure out what it is the other side will accept, but tell the other side what you want". [Full Article...]

Trump Celebrates GDP Surge: America is Winning Again

Trump Celebrates GDP Surge: America is Winning Again In addition to the solid second quarter result, the Commerce Department revised its first-quarter GDP growth from 2 percent to 2.2 percent. Historically, the U.S. Thus, it turns out that consumers have far more wherewithal to spend than the data previously suggested. U.S. Treasury yields fell and stocks on Wall Street were down. [Full Article...]

Twitter's stock plunges 19% after it reports a decline in users

Twitter's stock plunges 19% after it reports a decline in users They were all attacked by foreign fraudsters during the 2016 USA election looking to disrupt the online discourse and spread fake news. Its fees from licensing information out brought in $109 million in revenue, up 29% year on year. In Q2, daily active users increased 11% year-over-year, with double-digit growth in five out of its top 10 global markets. Twitter's relations with advertisers hav... [Full Article...]

Facebook shares fall 9 percent on revenue miss

Facebook shares fall 9 percent on revenue miss Founder and CEO Mark Zuckerberg , who has a 13 percent stake in Facebook, saw his fortune dropped by more than $12 billion in less than 24 hours, to around $74 billion. This added up to an 18.96% decline in one day for Facebook shareholders. The company is grappling with new data laws in Europe, criticism over its content policies and privacy issues. [Full Article...]

Had 'productive' meeting with President Vladimir Putin: PM Modi

Had 'productive' meeting with President Vladimir Putin: PM Modi After all, while the BRICS still emphasize the importance of multilateralism, it is clear that they are not wedded to the current worldwide order. Referring to terrorism, the Johannesburg declaration stated: "We deplore the continued terrorist attacks, including in some BRICS countries". [Full Article...]

GDP grew at 4.1% last quarter

We'll stream it live on FOX 2 News now on our Facebook page . "Pop the champagne today, but don't get used to it, growth going forward has a lot of headwinds", said Chris Rupkey, chief economist at MUFG in NY. The U.S. economy grew at its fastest pace in almost four years in the second quarter as consumers boosted spending and farmers rushed shipments of soybeans to China to beat retaliatory tra... [Full Article...]

Russia’s Putin says he invited Trump to Moscow

We are ready for such meetings. The statement came after Putin claimed he has invited Trump to the Russian capital for a second one-on-one meeting. But the White House backed away from that plan earlier this week after the Kremlin did not immediately accept its invitation to Putin. He later postponed it until next year, saying he wanted Mr. [Full Article...]

John Schnatter sues pizza company he founded

John Schnatter sues pizza company he founded Schnatter as a scapegoat to cover up their own shortcomings and failures", the suit alleges. Despite getting canned by Papa John's, Schnatter is still on the board, and owns 29 percent of the company. Papa John's said earlier this week that it would implement a "poison pill" stock dilution that would act against any move by Schnatter to take a bigger stake. [Full Article...]

Crypto Market Retreats After SEC Rejects Winklevoss Bitcoin ETF Again

Crypto Market Retreats After SEC Rejects Winklevoss Bitcoin ETF Again Bitcoin is under pressure this morning after news broke that regulators had rejected a proposal for a crypto exchange-traded fund for the second time. ET-up over 30% since the end of July. Rather, the Commission explained that it was mainly concerned with protecting investors from market manipulation . [Full Article...]

Trump is finally vindicated on tariffs

Trump is finally vindicated on tariffs U.S. President Donald Trump and European Commission chief Jean-Claude Juncker on Wednesday agreed on a plan to defuse the festering trade dispute between the two major economies. states, but would apply the levies to general items, including agriculture, machinery and high-tech goods. In an indication that those duties are already affecting American agriculture, the administration announced on... [Full Article...]

Move to help US farmers shows Trump's commitment to tariffs

Move to help US farmers shows Trump's commitment to tariffs US export prices for soybeans are at least $20 a tonne cheaper than from Brazil for August delivery in northern Europe, traders said . "We were being nice - until now!" The Trump administration has also imposed tariffs on close allies such as Canada and the European Union. [Full Article...]

Facebook Shares Tumble More Than 20 Percent On Poor Earnings

Facebook Shares Tumble More Than 20 Percent On Poor Earnings Facebook stock dropped almost 20 percent after a revenue miss in the second quarter and a disappointing daily active user base. For founder Mark Zuckerberg , the loss came to nearly $16 billion, according to Forbes , which tracks billionaire wealth in real time. [Full Article...]

Viral Video Features Officer Helping Homeless Man Shave For Interview

Viral Video Features Officer Helping Homeless Man Shave For Interview SF woman on mission to deliver free pizza to homeless peopleHe helped fix the clipper and shaved the man's beard for him. While he was doing that, Phil told Carlson that he bought the razor second-hand, and was trying to shave because he was going to get a job at McDonald's if he showed up on Monday, cleanshaven. [Full Article...]

Stalled Nafta talks may resume: Mexico

Stalled Nafta talks may resume: Mexico Freeland said that the United States taxes on Canadian solar panels have impacted businesses and workers on both sides of the border. The Southern neighbors also inflicted 25 per cent tariffs on steel and 10 per cent imports on aluminum in June. [Full Article...]

Iran replaces Saudi Arabia to become second largest oil supplier to India

Iran replaces Saudi Arabia to become second largest oil supplier to India The current status of the trade dispute concerns the oil market as the rising Asian oil demand has been the major driver of the oil sector in recent years. Also, tariff issues between the USA and China, though excluding crude oil and gas trade, has the potential to slow down the global economic growth which has been recovering on the back of robust growth in global trade. [Full Article...]

Ryanair Is Refusing To Compensate Customers For Flights Cancelled Due To Strikes

Ryanair Is Refusing To Compensate Customers For Flights Cancelled Due To Strikes Ryanair management said all 50,000 passengers affected over the course of the strike had been given alternative flights or received refunds. Ryanair flight cancellations due to a cabin crew strike have forced the airline to cancel up to 600 flights next week on July 25 and 26. [Full Article...]

What the Failure of Qualcomm's NXP Bid Means for the Chip Industry

What the Failure of Qualcomm's NXP Bid Means for the Chip Industry Approvals this year appeared to fall victim to the posturing of the USA and China over tariffs and trade. The world's biggest smartphone-chip maker and NXP confirmed in separate statements today that the deal, which would have been the biggest semiconductor takeover globally, had been terminated. [Full Article...]

Germany welcomes U.S.-EU trade reprieve as step in right direction

Germany welcomes U.S.-EU trade reprieve as step in right direction European governments and EU officials hailed the Trump-Juncker agreement as a major success. "This was a big day for free and fair trade!" "If not, the EU Commission is preparing a rather long list of many American goods", she told Swedish newspaper Dagens Nyheter. [Full Article...]

BOJ ponders how to keep policy sustainable, reduce side effects

BOJ ponders how to keep policy sustainable, reduce side effects The BOJ's current policy, adopted in mid-2016, consists mainly of negative short-term interest rates, keeping the 10-year yield around zero percent and buying about six trillion yen of stocks through exchange traded funds (ETFs). Google parent Alphabet and TD Ameritrade posted encouraging quarterly results after the USA market close while Whirlpool's earnings results fell short of expectations. [Full Article...]

Trump secures concessions to avoid US-EU trade war

Trump secures concessions to avoid US-EU trade war Trump has threatened to place penalty taxes on up to $500 billion in products imported from China , a move that would dramatically ratchet up the stakes in the trade dispute involving the globe's biggest economies. The relationship was further weakened by Trump's likening of Russian President Vladimir Putin and his attacks on North Atlantic Treaty Organisation and the EU. [Full Article...]


« Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168  Next »