Archive | Markets

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Oil falters as trade tension counters threat from Barry

Gulf of Mexico operators have shut 602,715 barrels a day of oil production ahead of the storm , the Bureau of Safety and Environmental Enfor...

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Gold gains on fresh trade tensions, Fed rate cut bets

Most prominently, the Fed Chair stated that "it appears trade uncertainties and concerns about the global economy continue to weigh on economi...

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Stocks Jump To Record Highs, Fed Chief Still Has "Uncertainties"

Powell said any regulatory review of the recently announced project should be "patient and careful". Although the bank's preferred measure o...

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Pelosi spars with progressive party members

Chakrabarti made the comments during a meeting with Sam Ricketts, the climate director for presidential candidate Jay Inslee. Climate change is ...

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Fed's Bostic says inflation is not trending away from target

House of Representatives Financial Services Committee. But his comments on inflation also place him among a group of several Fed bank presiden...

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Charming Charlie to close all 261 stores

Going out of business sales have started, and the retailer expects all stores to be closed by August 31, according to the filings. If you go t...

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Amazon Prime Day: Heed these tips before you click

Unfortunately, we don't have an actual time when Target plans to start the festivities, so technically, this might not be a full 48-hour affai...

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China fails to buy agricultural goods as promised

Earlier on Thursday, Chinese Ministry of Commerce Spokesman Gao Feng said the agricultural trade is "an important issue that the two sides need ...

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Fed's Powell bolsters rate cut view on trade, growth concerns

Market participants will receive a gauge on US producer price changes on Friday, a day after Federal Reserve Chair Jerome Powell concluded tes...

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Toyota will build new SUV at Alabama plant it's building with Mazda

A Toyota logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. The company said Wednesday that t...

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Greece’s new finance minister to push ahead with tax cuts

As part of those agreements, Greece has pledged to achieve government budget surpluses, before debt costs, of 3.5 percent of GDP for the comin...

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35 injured as Air Canada flight forced to make emergency landing

Pepper Deroy was injured when Air Canada flight from Vancouver to Sydney 'fell from the sky'. These are the effects of turbulence, as the plane ...

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Amazon to spend $700 million to train 100,000 workers for digital age

The e-tail giant is pledging to "upskill" 100,000 of its employees across the U.S.by 2025, committing more than $700 million to provide workers ...

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You can get a new Tie-Dye Frappuccino from Starbucks starting today

Starbucks announced Wednesday that it is launching a new Tie-Dye Frappuccino blended beverage - a flawless accessory for summer, the company sa...

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Cavi Brand Papayas Linked to Salmonella Outbreak

The agencies say traceback points to Agroson's LLC BB #:275358 as the sole distributor of Mexican papayas that made consumers from this out...

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Telstra Outage Affecting EFTPOS Services Nationwide Including ATMs

By 6pm, Telstra said it had the problem in hand and that services were starting to return. Commonwealth Bank customers first reported issues e...

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Donald Trump Trolled For Claiming Kidney Has "Special Place In The Heart"

The company created Transplant Smart to help empower patients and keep them organized along the kidney transplant journey. Together, we brought ...

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Ford recalling 58,000 Focus cars due to possible issues with fuel tank

Most of them, around 57,400, are located in the United States and federalized territories, 400 in Canada and 480 in Mexico. These vehicles sho...

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AT&T becomes first carrier to block robocalls by default

AT&T customers could soon be free of having to deal with annoying spam calls - or at least that's AT&T's plan. Custom Call Controls† lets yo...

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Free Slurpees for Everyone on 7-Eleven Day!

Warning: Popular flavors may run out as the day goes on, so head in early if you've got specific cravings. The iconic Slurpee turns 50 this ye...

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CannTrust Dips After Regulator Finds Illegitimate Growing

The CannTrust Pelham facility has a total of 12 growing rooms. In addition to the 5,200 kilograms of cannabis placed on hold by Health Canada...

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Presenting Bentley's Most Daring Concept Ever: The EXP 100 GT

In the centre of the cabin is the Bentley Personal Assistant, an illuminated crystal sourced from Cumbria, England. Bentley says future ba...

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US launches probe of France's planned tech giants tax

Section 301 investigations often result in tariffs if they find that the United States has been unfairly targeted. "The structure of the propo...

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Marriott faces $123M fine in U.K

In November 2018 , Marriott unveiled a data breach which saw the data of approximately 339 million guests globally exposed. "The GDPR make...

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Japan says it won't retract or renegotiate export rules on S. Korea

Faced with criticism even from within Japan, Prime Minister Shinzo Abe has since linked the export curbs to sanctions on North Korea , sugges...

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Volkswagen Beetle ends production

Volkswagen employees pose with a " Beetle ", the final edition of the iconic vehicle, at a factory in Puebla, Puebla State, Mexico , on July 1...

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Following record quarter, Tesla to continue ramping production volume

Despite a recent trimming of Tesla's employee ranks to save costs, the automaker is now opening up new positions in Fremont and at its Nevada Gi...

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UK economy recovers in May, easing immediate recession fears

In fact, output in the three months to May ended up being 0.3% higher than in the previous three-month period, exceeding forecasts for growth of...

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FDA: Some hamburger, hot dog buns recalled due to plastic pieces

Flowers Foods, Inc .is recalling products sold at retailers in Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Louis...

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S&P 500 hits 3,000 points after Powell signals rate cut

Testifying to the House Financial Services Committee, Powell was asked, as he has been before, what he would do if President Donald Trump trie...

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