Markets

Trump wants Obama to know he has a 'magic wand'

I guess I have a magic wand, 4.2%, and we will do MUCH better than this! GDP growth exceeded the jobless rate as recently as the first quarter of 2006, when u...


Evacuations Ordered as Hurricane Florence Aims at US East Coast

The life-threatening storm is now located about 905 miles east-southeast of Cape Fear, North Carolina , and is moving at a speed of 16 mph. Now a Category 4...


State cuts Value-Added Tax on fuel by Rs. 2 per litre

Meanwhile, Congress-led group of Opposition parties have called for Bharat Bandh today against the rising fuel prices . However, Maharashtra Chief Minister...


Despite Donald Trump's Tweet, Ford Won't Make Hatchback In US

Apple is highly exposed to a trade war between the U.S. and China . The statement came after Trump tweeted about an article from August 31, when Ford an...


Biggest single-day increase in petrol and diesel prices in Ahmedabad

According to these reports, Naidu has proposed to announce a reduction of Rs 2 each on a litre of petrol and diesel, instead of a specific percentage reduction ...


Apple faces Trump's ire after company says tariffs would hurt products

The trade surplus hit $31.05 billion in August and it continues to add fuel to the already heating up trade rhetoric between the U.S. and China. But disagreemen...


Elon Musk smokes marijuana with Joe Rogan during live interview

Watch the full, two and a half hour interview below. As of midday Friday, more than 1.5 million users had checked out his chat with Musk. At one point, Musk...


Alibaba's Jack Ma to step down in Sept 2019

The statement did not specify exactly what Ma planned to do after stepping down but it said he wants to " return to education ". Founded in 1999 by Chinese te...


US adds a strong 201K jobs; unemployment stays at 3.9 pct

Economists surveyed by Bloomberg expected 195,000 payroll gains. The unemployment rate was 6.0 per cent compared with 5.8 per cent in July. June's gain was ...


Leslie Moonves in settlement talks with CBS board

After initially dropping ahead of the open, shares of CBS rose about 0.5% Thursday after CNBC reported the broadcaster was in settlement talks with CEO Les...


Diesel and petrol prices rise by around 50 paise per litre

In Mumbai , petrol is being sold at Rs 87.39 per litre, and diesel at Rs.76.51 per litre. Even in the wake of such sky-high fuel prices , the government wil...


Sanders Bill Would Tax Big Companies For Workers' Public Assistance

Bezos' wealth increases by $260 million per day, yet he "continues to pay thousands of his Amazon employees wages that are so low that they must rely on foo...


Burberry Stops Using Fur & Says It Will Stop Burning Unsold Goods

Please join us in urging the BFC to reflect the changing times and British values by introducing a ban on fur at all its events, including London Fashion Week ...


Ford Motor Company issues massive safety recall in North America

Those sparks could ignite gases inside the support pillar between front and rear seats, potentially setting fire to insulation or carpet materials. The compan...


Trump tariffs fail as China’s trade surplus soars

The world's two largest economies have already applied tariffs to $50 billion of each other's goods. " China seems unable or unwilling to announce major li...


USTR ends public comment on third China tariff list

The Trump administration is reportedly considering using an Obama-era executive order to slap new sanctions on Chinese entities using cyberattacks to steal USA ...


Goldman drops bitcoin trading plans for now

Bitcoin ( BTC ) prices have dropped over 12% today , following a week of gains. Even so, the report stressed that Goldman was not abandoning its nascent ...


Mercedes takes on Tesla with fully-electric SUV

It's bad. It's really bad. Mercedes says these motors produce 402bhp and 765Nm combined, enabling the 2,425kg SUV to hit 60mph in 4.9 seconds and a limited to...


Two friends pull off epic prank at a Texas McDonald's

The restaurant owner is now one of the pranksters biggest fans and openly applauded them for their creativity. Chronicled in a YouTube video , the pair put one...


South Africa slips into recession

According to the South African Statistical Office, the GDP of the continent's most developed industrial economy shrank by 0.7% in the second quarter of 2018 aft...


More People Sickened In Salmonella Outbreak Linked To Popular Cereal — CDC

Kellogg's has since recalled all the Honey Smacks products that were on the market. So far 34 people have been hospitalised, but no deaths have been report...


Elon Musk Calls Thailand Cave Expert a 'Child Rapist'

It stemmed from a comment made by Unsworth about a submarine Musk had built to help rescue a group of Thai boys who became trapped in the Tham Luang cave co...


Police in Minneapolis say Chinese billionaire's arrest was for alleged rape

However, police spokesman Elder said, "We released him with the understanding that we were very confident we'd be able to reconnect with him as necessary in the...


Crude oil going nowhere, can API report help it?

On Friday, global oil bench mark Brent crude fell 35 cents to settle at $77.42 per barrel, while NYMEX-traded US benchmark West Texas Intermediate ( WTI ) w...


Ayanna Pressley Defeats Longtime Representative Mike Capuano in MA Democratic Primary Upset

Ayanna Pressley , 44, won the Democratic nomination for the US House of Representatives in Massachusetts's seventh district, one of the most left-leaning in A...