Archive | Markets

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Fed Chair’s comments on slower hikes to boost EMs

In October, Powell - who was appointed by Trump for the 10-year-term to succeed Obama's Fed chair Janet Yellen - said the Fed rate was "wo...

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President Trump Thinks Auto Tariffs Would Have Saved GM's Plants

Big Steel is opening and renovating plants all over the country. In any case, it is unlikely the president would be able to bar just GM from r...

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U.S. to consider raising tariffs on Chinese cars to 40%: USTR

It isn't clear what specifics the U.S.is asking for-or what Beijing is willing to entertain. Mexico and Canada recently reached agreement with...

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Senate passes legislation to end rotating postal strikes

The union is demanding pay increases and also guaranteed hours for their rural carriers. At issue is a massive uptick in e-commerce that has ...

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Microsoft's Valuation Catches Up To Apple - How Did It Happen?

Microsoft has continued to face intense pressure from Apple, which reached a record high of more than $ 1 trillion earlier this year. Apple's...

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Deutsche Bank offices raided in Panama Papers money laundering probe

Federal police on Thursday raided the Frankfurt offices of Deutsche Bank. German prosecutors raided several Deutsche Bank offices in the ...

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Nasdaq said to eye Q1 launch of Bitcoin futures

And while the NY exchange operator was first reported to be eyeing Bitcoin futures back in 2017, one of the sources said that the compan...

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Crude oil: WTI looks set to average $67 in 2019 - TDS

WTI and Brent settled at 56.46 US dollars and 66.76 dollars per barrel, respectively, at the end of the week. "This is the only way to explain...

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GM to shut 5 crops in US, Canada

The company said the moves are part of an effort to cut 15 percent of its workforce. "We are announcing the cessation of certain products resu...

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Stocks markets surge on hint of slower rate hikes

Trump has called the Fed "crazy" and "ridiculous". This carries the potential to generate significant volatility in the New Zealand dollar giv...

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Beijing, Washington up the stakes as G20 Xi-Trump meeting nears

Trump has already imposed tariffs on more than $250bn in Chinese goods - about half of the total imported each year - in an attempt to pressure...

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11000 pubs in Britain disappear in a decade

Remaining pubs also appear to have "soaked up" the customers from the pubs that have shut down. Commuter towns have suffered the most pub loss...

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Donald Trump asks General Motors to stop manufacturing cars in China

General Motors benefits from a federal tax credit for electric vehicles, but the programme phases out after a manufacturer sells 200,000 cars. ...

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Trump says he expects to raise tariffs on China

Mr Trump said he would put tariffs on Chinese imports that are not already subject to tariffs, worth $267bn (£208bn), if the negotiations with...

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Microsoft Becomes Most Valuable US Company Amid Apple’s Declining Share Price

Microsoft briefly overtook Apple on Monday as the world's most valuable company by market capitalisation before slipping back into second plac...

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Bank Says Keep The Money After ATM Mistakenly Spits Out $100 Bills

Sheriff's officials say some deputies noticed a number of people crowded around the ATM, stopped to investigate and learned $100 bills were wron...

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European Union leaders 'endorsed' Brexit deal with Britain - Tusk

Mrs May has appealed to the British public to get behind the agreement - saying that although it involved compromises, it was a "good deal that ...

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President Trump has harsh remarks for GM over layoffs

The Detroit-based company's shares surged on the plan, which includes abandoning some of its slower-selling sedan models. At the factories, 3,00...

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Mitsubishi Motors' board meets on Monday to remove chairman Carlos Ghosn

After turning around Renault and a teetering Nissan in the late 1990s, Ghosn added the beleaguered Mitsubishi to the group in 2016. Top ...

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When does Cyber Monday 2018 start?

Remember: You'll get an extra 15% off almost everything Target sells today, including the items on sale below. Target always touts this deal o...

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GM slashing 15% of its salaried workers in North America

No timeline of the closure has been announced. Bill Macklem has worked at the plant for 31 years and says he learned about the end of operatio...

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GM Plans More Than 14,000 Job Cuts, Seven Factory Closings

The move is part of a much broader company-wide restructuring for General Motors . OH taxpayers rescued GM, and it's shameful that the company ...

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Republican Senators Urge Tougher Stance On Saudi Arabia: Trump's Statement 'So Weak'

The CIA has concluded that Prince Mohammed ordered the operation to kill Khashoggi last month - as first reported by the Washington Post - an...

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Locals continue tradition of Christmas tree shopping after Thanksgiving

The supply is now tight - and replenishing it takes time, since a tree grows eight to 10 years before it's ready for the tree lot. They buy th...

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Crypto Market Continues to Bleed as BTC Price Hovers Around $4,000

That could change over time but [it's] hard to predict . Bitcoin and other cryptoassets have only existed during a long bull market so it w...

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Louisiana lottery: Couple 'find winning ticket while cleaning'

After finding the ticket, the couple allegedly went online to check the numbers, and they enjoyed a Thanksgiving surprise. The drawing for the t...

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Deadline extended for electoral reform voting

The deadline to request a referendum voting package for those who have lost or misplaced theirs remains midnight Friday. You can also visit a...

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CDC, DPHHS warn consumers not to eat any romaine lettuce

In Canada, as of November 20, 2018 , there have been 19 confirmed cases of E. coli illness investigated in Ontario (3), Quebec (15) and (1) i...

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Oil plunges 7% to new 2018 low

Cenovus Energy Inc. was down 8.3 per cent, while Seven Generations Energy Ltd. and Canadian Natural Resources Ltd. dropped 6.7 per cent and 6.2 ...

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Black Friday still lures a crowd in online era

WATCH BELOW: Black Friday is one of the biggest shopping days of the year, but how does the US and Canada compare? Black Friday, a period of h...

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