Money

US industrial production posts biggest gain since 2014

US industrial production posts biggest gain since 2014

The upbeat industrial production in April might suggest a pickup of USA economic growth in the second quarter of the year. Economists had forecasted a 0.5 percent gain for industrial production last month. Manufacturing was hurt by the strong dollar in 2015 and 2016 but business investment has picked up this year. The mining index, which includes oil and natural gas extraction, was up 7.3% from a year earlier but remains well below its peak. Read More

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CARNEY: The Brexit-triggered consumer slowdown has begun

Mr Carney warned of "a more challenging time" for the British population over this year as a result of the falling value of the pound since last year's Brexit vote. The bank's report, released alongside the interest rates decision, offered better news for the growth outlook as forecasts were raised to 1.7 per cent for 2018 and 1.8 per cent in 2019 from February's prediction for 1.6 per cent and 1.7 per cent respectively. Read More

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In January, Comey Reportedly Told Trump He'd Give Him 'Honesty'-Not Loyalty

When asked whether the FBI's Russian Federation investigation is fake news, or a "witch hunt", as Trump called it this morning in another tweet, Clapper told MSNBC on Friday: "I don't believe it is". Aides said Trump does not believe his team gave contradictory stories about his decision to fire Comey, despite the fact that the White House's explanation changed dramatically over a 48-hour period. Read More

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United States adds sanctions on North Korea

United States adds sanctions on North Korea

In late-April, North Korean authorities arrested Kim Sang-dok, another US citizen affiliated with PUST, for hostile acts as well. The reported detention comes as tensions on the Korean peninsula run high, driven by harsh rhetoric from Pyongyang and Washington over the North's pursuit of nuclear weapons in response to what it says is a threat of USA -instigated war. Read More

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Stratasys (NASDAQ:SSYS) reports 1Q17 Profit Surge; In Line With Street View

Stratasys (NASDAQ:SSYS) reports 1Q17 Profit Surge; In Line With Street View

The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 2.50 on scale of 1-5. A number of large investors have recently modified their holdings of SSYS. The technology company reported $0.05 earnings per share for the quarter, meeting the consensus estimate of $0.05. Revenue for the quarter came in at $163.2 million versus the consensus estimate of $162.65 million. Read More

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"13 Reasons Why" Netflix Show is Concerning, Say Psychologists

The book is the basis for a popular series on Netflix, "13 Reasons Why". Both the book and the show have been accused of portraying suicide in a trivial and overly romantic way. Sure, there is something to be said for ensuring that children read age-appropriate literature, but often, censorship of this nature simply serves to increase interest in these particular titles, all while depriving students of important life lessons that could actually do more good than harm. Read More

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Next global cyber-attack likely on Monday

Next global cyber-attack likely on Monday

Security experts said his move bought precious time for organizations seeking to block the attacks. Europol's European Cybercrime Centre, EC3, said in a statement today that the attack was "at an unprecedented level and will require a complex worldwide investigation to identify the culprits". Read More

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Paytm gets RBI nod for payments bank, launch on 23 May

Paytm gets RBI nod for payments bank, launch on 23 May

One97 Communications founder and CEO Vijay Shekhar Sharma has said all active wallet accounts on the payments app will be transferred to the payments bank. In August, the Noida-based company created two separate entities-Paytm E-Commerce Pvt. Paytm has already received Rs 218 crore of capital for PPBL from Sharma who owns a 51 per cent stake in the venture and the rest is owned by Alibaba-aided One97 Communications. Read More

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The blame game, ransomware edition: Who's at fault?

The hackers here weren't playing some political interference game: They were after money, in bitcoin. Due to some quick thinking on the part of a British malware researcher, the spread of WannaCry has slowed, but risk still remains. Consider paying the ransom, depending on how important the encrypted data is. Smith repeated a call he made in February, calling for an worldwide convention on the use of cyberwarfare akin to the Geneva Conventions' protections for noncombatants and other ... Read More

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Amazon's Latest Echo Device Includes a Touchscreen

But if you want Alexa's new calling features on a budget, you can pick up the Echo Dot for just $49.99 or use the free Alexa app for your smartphone or tablet. He believes that consumers have more reasons to buy voice-enabled speakers as price decreases and functionality increases. This device has a 5MP front -facing camera and a Dolby powered dual 2-inch speakers. Read More

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United Nations condemns North Korea missile test

Pyongyang is threatening a sixth nuclear test. North Korea yesterday celebrated the launch of what appeared to be its longest-range ballistic missile yet tested in a bid to bring the United States mainland within reach. disregard or misjudge the reality that its mainland and Pacific operation region are in (North Korea's) sighting range for strike". Putin joins China and new South Korean president Moon Jae-in in calling for talks with the North. Read More

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Pound falls as Super Thursday announcement cuts United Kingdom growth forecast

Bank governor Mark Carney will also likely be quizzed over the outlook for consumer spending as retail sales have plunged amid the squeeze on household income from Brexit-fuelled inflation. Aggregate demand slowed markedly in 2017 Q1, and the MPC's central projection contained in the May Inflation Report is now for quarterly growth to remain around current rates, and close to trend. Read More

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Trump, Turkish leader hail ties despite US arming of Kurds

Trump, Turkish leader hail ties despite US arming of Kurds

The main two topics on Tuesday's agenda were Trump's decision to send weapons to Syrian Kurdish forces of YPG and Turkey's request for the extradition of Fethullah Gulen , a US-based Muslim leader. They will also likely focus on a Turkish request for the extradition of a US -based Muslim cleric Fethullah Gulen whom Turkey blames for last summer's failed coup. Read More

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Activist backtracks on BHP plan

Activist backtracks on BHP plan

While Elliott favors a full or partial spin-off of the petroleum assets, other options could include separate sales or a demerger of the USA assets and a second spin-off in Australia of the remaining operations, according to the fund, which has assets under management of about $33 billion. Read More

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Dick's Sporting Goods Stock Drops on Disappointing Comps

Dick's Sporting Goods Stock Drops on Disappointing Comps

TJX Companies Inc., down $3.14 to $73.76 The company, which operates T.J. Maxx and Marshalls, reported disappointing sales at established stores and issued a weak forecast. Analysts were expecting Dick's to post earnings of 54 cents a share on sales of $1.84 billion, according to Thomson Reuters consensus estimates. The business also recently announced a quarterly dividend, which will be paid on Friday, June 30th. Read More

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Comey firing: Besieged White House denies, defends as new bombshells hit

March 20, 2017: Comey testifies at the same hearing that the Federal Bureau of Investigation and Justice Department have no information to back up Trump's unsubstantiated claim on Twitter that Obama wiretapped him before the election. "I'd like to think somebody from the White House who was in the room is going to get on the phone and tell me what they said". Asked why the NSA and Central Intelligence Agency were put on notice if the revelations were not problematic, McMaster cast the ... Read More

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Kim gleeful as North Korea fires longest-range missile

On Monday morning, North Korea officially confirmed that it had conducted the launch of a medium-range ballistic missile a day before. It is the first missile test of Pyongyang since the election of the new president in South Korea. Russian President Vladimir Putin has condemned North Korea's latest test-firing of a ballistic missile. Swedish U.N. Ambassador Olof Skoog said the council needs a firm, united response but "we also feel there needs to be openness for a conversation for ... Read More

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TJX Companies Inc Q1 Earnings Mixed, Q2 Outlook Weak

SRB Corp raised its stake in TJX Companies by 8.1% in the third quarter. RiverPoint Capital Management LLC boosted its position in shares of TJX Companies by 2.0% in the third quarter. Bfsg LLC acquired a new stake in shares of TJX Companies during the first quarter valued at $3,820,000. A number of brokerages have issued reports on TJX . Read More

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Trump asked Comey to shut down Flynn probe

White House officials have stressed that the Russian Federation probe had nothing to do with Trump's firing of Comey, although Trump himself has suggested in interviews that it was at least partly a motivation. "I don't think he meant to obstruct justice". "I think he should speak out more and hopefully he will". The White House disputed the account of the Comey memo. Read More

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Diamond earrings fetch record $57.4-million at auction in Geneva

Diamond earrings fetch record $57.4-million at auction in Geneva

The diamonds - a blue diamond named Apollo and a pink diamond named Artemis - were bought by the same phone bidder from Asia and will remain a pair. Both gems are exceptionally rare, with less than 0.1% of diamonds having any blue in them at all. Each earring was auctioned as a single piece although the auction house Sotheby's presented them as a pair to be worn together. Read More

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Chelsea Manning released from prison

Until Manning's appeal of her court martial conviction is resolved, the whistleblower will remain a member of the USA military. Without Obama's parting gift, Manning would have remained behind bars until 2045, after a 35-year sentence. But they denied a plea to let her grow out her hair, which, according to photos posted on the GoFundMe site, remains trimmed into a side-swept, masculine cut. Read More

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