Economy

Trump having 'very interesting' time with Xi

Trump having 'very interesting' time with Xi

The president has said that if China doesn't exert more pressure on North Korea, the USA will act alone. He added that they, during the meeting, have also gained better understanding of each other, stepped up their mutual trust, scored multiple major consensus, and built up a good working relationship. Read More

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An accident forced Uber to immobilize its autonomous cars

An accident forced Uber to immobilize its autonomous cars

The accident took place in the city of Tempe after the driver of a second vehicle made a turn and failed to yield to a self-driving Uber, police said. What do you think of self-driving cars being tested on public roads? Uber still has not resumed the pilot program that earlier this year allowed San Francisco customers to pay for rides in the company's self-driving cars. Read More

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Greece wants emergency summit if Malta talks fail

Greece wants emergency summit if Malta talks fail

Greece, its eurozone partners and the International Monetary Fund will have to agree on the country's fiscal targets and future debt relief measures. Pierre Moscovici, European Commissioner for economic affairs, said the agreement had been reached after "several months of hard negotiations", with a breakthrough made this week. Read More

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Tesla just passed a huge production milestone

The smallest and youngest publicly held USA carmaker climbed as much as 5.7 per cent in early trading Monday, a day after reporting 25,000 first-quarter deliveries and exceeding analysts' estimates. Sales had slumped during the final quarter of 2017 due to a mix of production snags, including the shift to a new version of the maker's Autopilot system. Read More

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They want to finish us, but AAP ready to operate form streets

We are not begging for an office. The Shunglu committee report indicted Kejriwal's government for bypassing law, nepotism and financial irregularities among others. These have no head and no tail. "The truth is that these people want to finish us". Addressing a press conference, Mr Kejriwal said, "This is very saddnening that the party (AAP) which rode to power in Delhi by winning 67 out of 70 Assembly seats, their office allotment was cancelled while the parties (Congress and BJP) which ... Read More

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South Africans protest Zuma as country downgraded to junk

South Africans protest Zuma as country downgraded to junk

The decision by Fitch followed in the tracks of S&P Global, which announced its downgrade of South Africa on Monday citing political instability. Analysts have described the crisis - triggered by a cabinet reshuffle last week in which widely respected finance minister Pravin Gordhan was sacked - as the most serious to face South Africa since minority white rule ended more than 20 years ago. Read More

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U.S. missiles destroyed six planes, says Russian Federation

It was also a clear message that Washington's view has shifted and the U.S. sees no future for President Bashar al-Assad in Syria. "No child of God should ever suffer such horror". "Currently I do not believe that we are going towards a big war in the region". The Trump administration is entrenched in a series of court battles over the president's revised executive order on travel and refugees, which would temporarily ban travel to the U.S.by nationals of six majority Muslim countries - ... Read More

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Kentuckians should prepare for potential severe weather today

Kentuckians should prepare for potential severe weather today

This is a hard and challenging forecast this afternoon with many variables including boundaries left behind by this morning's storms. Numerous severe thunderstorm warnings had already been issued Wednesday morning as of 10 a.m. Forecasters said a wide area across much of the three states was under threat of powerful, long-lived tornadoes . The storm was producing hail the size of tennis balls as it moved through Alabama earlier today. Read More

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Turkey FM says US attack on air base not enough

Saudi Arabia said the missile launch by Trump was the right response to "the crimes of this regime to its people in light of the failure of the worldwide community to stop it". POLAND A government spokesman expressed support for the U.S. air strike, saying "the United States for sure are a guarantor of world peace and order. Read More

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Greek bailout talks make major breakthrough on reforms

Bailout inspectors are expected to put the finishing touches to the deal, which will then need to be approved by euro zone finance ministers. "The big blocks have now been sorted out and that should allow us to speed up and go for the final stretch", said Dijsselbloem after the meeting, describing the important progress achieved after all big issues, including labor are settled, but minor issues that would require more talks in Athens, persist. Read More

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Booming online sales mean more dog bites for mail carriers

Dog attacks on postal workers rose past year the highest in th. Put your dog in a separate room behind a closed door before opening your front door to receive packages or mail. Half of the 4.5 million Americans bitten by dogs annually are children, according to the Centers for Disease Control and Prevention (CDC ). Last year, 23 Wichita postal carriers were bitten by dogs, putting the city 26th in the nation. Read More

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Trump, Xi showdown fails to materialize at Mar-a-Lago

President Trump broke 48 hours of Twitter silence Saturday with a series of tweets that included praise for U.S. service members involved in Friday's attack on a Syrian airbase. DPRK stands for North Korea's official name, the Democratic People's Republic of Korea. Xi made the two-day trip to the southeastern United States coastal town of Palm Beach for the first meeting with Trump, in a bid to chart the course of bilateral ties in a new era. Read More

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Oil spikes as USA strike against Syria roils global markets

Earlier in the session, a US missile strike on Syria hit risky assets though prices recovered after a USA defence official told Reuters the missile strike was a "one-off", helping to calm market nerves. After the attack, global benchmark Brent crude jumped 2% to $56.08, its highest level since March 7, while U.S. West Texas Intermediate crude, which is the domestic marker for oil, also rose 2%, peaking at $52.94. Read More

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Traders Spotlight: Bed Bath & Beyond Inc.'s (BBBY)

Traders Spotlight: Bed Bath & Beyond Inc.'s (BBBY)

Here's a quick roundup of today's bearish brokerage notes on shares of AMD, BBBY, and CAFD. These analysts polled by Zacks Research now have a mean target price of $42.307 on the stock. 13 brokerage firms are now covering Bed Bath & Beyond Inc. If you are viewing this piece of content on another site, it was stolen and republished in violation of US and global copyright legislation. Read More

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California governor declares end to drought emergency

On Friday, Governor Brown declared most of California drought free. Thankfully, this was a very wet winter, full of massive rainstorms and record snowfall that has helped pull California out of one of its worst droughts in history. Reservoirs that started drying up in late 2011, had filled up again as storms hit the state for months and water flowed from melting snowpacks. Lowering water demand in Southern California was a big reason why this region managed the drought so effectively. Read More

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Hiring slows, but US unemployment falls to 10-year low

Hiring slows, but US unemployment falls to 10-year low

Nonfarm payrolls increased by 98,000 jobs last month as the retail sector shed employment for a second straight month, the Labor Department said on Friday, the fewest since last May. But some economists, including Ian Shepherdson of Pantheon Macroeconomics, said that the ADP figures likely overstated the official data, since the ADP survey includes lagged data from the previous month. Read More

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U.S. accuses Google of "extreme" gender discrimination

Janette Wipper, a Department o Labor regional director, stated, " We found systemic compensation disparities against women pretty much across the entire workforce ". The Labor Department is now scrutinizing Silicon Valley for patterns of pay and hiring discrimination under its powers to vet companies that bid for lucrative government contracts. Read More

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Trump hails 'tremendous progress' with Chinese leader Xi

Ahead of the talks, U.S Secretary of State Rex Tillerson said the Trump administration would push for fair trade with China, and the interests of American workers were paramount for the President. The start of the meeting came on a night of high drama as Trump not only met his nearest peer in economic world power for the first time but also launched his first military strike on a state target. Read More

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Westinghouse files for bankruptcy protection

Westinghouse files for bankruptcy protection

Summer Nuclear Station near Jenkinsville. "Georgia Power and the project's other Georgia-based co-owners have been preparing for the possibility of a Westinghouse bankruptcy filing", said Jacob Hawkins, spokesperson for Georgia Power. Toshiba has sold off so many parts of its once prized operations, such as computer chips and household appliances, it has little left but its infrastructure business. Read More

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Trump should fire IRS commissioner, lawmakers demand

Trump should fire IRS commissioner, lawmakers demand

Koskinen was appointed to a five-year term by former President Barack Obama, The New York Times noted. The lawmakers argued that Koskinen lied under oath and wasn't forthcoming with documents during congressional investigations into 2013 revelations that the IRS applied extra scrutiny to conservative groups' applications for tax-exempt status. Read More

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Trump bowing to Congress over wall funding

House Speaker Paul Ryan (R-WI) and Senate Majority Leader Mitch McConnell (R-KY) decided late last year to postpone final action on more than $1 trillion of discretionary spending for the 2017 fiscal year that runs through September 30 in order to give the newly elected president an opportunity to put his stamp on spending priorities. Read More

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Countdown to SpaceX's first-ever launch of a used rocket

United States spaceflight company SpaceX has today successfully reused a Falcon 9 rocket first stage as part of a satellite launch. Although Jeff Bezos and his company, Blue Origin, have successfully reused their New Shepard rocket in the past, SpaceX's reusing of the Falcon 9 is more significant because the New Shepard was a suborbital rocket, whereas the Falcon 9 is orbital class. Read More

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Rep. Maxine Waters: O'Reilly needs "to go to jail'"

On Thursday night, virtually all national advertisers abandoned The O'Reilly Factor, the nation's top-rated cable news show. "And it's catching up with them and you have over 30 advertisers who have taken away their advertising". Few have spoken out publicly in support of the Fox star. "So Fox is basically the closest thing we have to state TV". On Thursday, the company said it had requested that none appear on O'Reilly's show. Read More

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Stocks tread water as Federal Reserve sparks caution

The minutes said: "Most participants anticipated that gradual increases in the federal funds rate would continue and judged that a change to the Committee's reinvestment policy would likely be appropriate later this year". All through almost past decade, a swelling Fed balance sheet propped up the United States economy. The minutes said one approach for reducing the holdings that was discussed would be to suspend the reinvestment of at least some of the holdings of Treasury bonds and ... Read More

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