Economy

by | February 27, 2019 | 06:29

A Girl Scout troop was selling cookies outside in near-freezing weather Friday in SC when a man approached their table and bought seven packs of the Girl Scout cookies . Shortly after his initial purchase, the man returned and told the girls to pack up everything they had. He spent $540 on cookies, she said. She says it was around 34 degrees in Greenville when the good Samaritan arrived.

by | February 27, 2019 | 04:30

Authorities are racing the clock to free almost 200 passengers who have been stuck on an Amtrak train in OR for two days. Amtrak's Coast Starlight Train 11 departed Seattle en route to Los Angeles around 6 p.m. "We are moving and it's totally awesome", she said as trees laden with snow swept past a window. Amtrak's Coast Starlight set off for Seattle from Los Angeles early on Sunday, according to the AP .

by | February 24, 2019 | 03:30

The dollar gained against the yen and cut losses versus the euro on Wednesday after the Federal Reserve, in the minutes of its latest policy meeting, said the US economy and its labor market remained strong, prompting some expectations of at least one more interest rate hike this year.

by | February 24, 2019 | 03:23

Both oil benchmarks have risen this year after the Organization of the Petroleum Exporting Countries and its allies, including Russian Federation, began to cut output to prevent a supply glut from growing. American benchmark West Texas Intermediate (WTI) gained 1.9 percent over the week to trade at $57.41 a barrel at the same time after starting Monday at $56.33 per barrel.

by | February 15, 2019 | 12:45

US Treasury Secretary Steven Mnuchin said trade talks with China went well today, as the world's two largest economies try to iron out an agreement to resolve their dispute. Earlier, the White House called March 2 a "hard deadline". Trump also has said he expects to meet with Xi "at some point" to clinch a trade deal.

by | February 15, 2019 | 12:40

OPEC's monthly oil market report said that OPEC crude oil production in January decreased by 797 thousand barrel per day (tb/d) to average 30.81 mb/d, according to secondary sources. Oil demand was lowered by 0.01 mb/d and 0.02 mb/d in Latin America and the Middle East, respectively, said the cartel. The possible extension of the White House's March 1 deadline on tariffs increased investor optimism that the world's two largest economies can resolve their trade spat, boosting ...

by | February 13, 2019 | 09:02

May later told business leaders in a phone call that extending the Article 50 Brexit process would serve no objective. The prime minister has struck a conciliatory tone in her response and said she looked forward to the two parties meeting again "as soon as possible" to discuss ways forward on Brexit.

by | February 13, 2019 | 02:40

Though Ocasio-Cortez removed the document in response to backlash, and her defenders claimed critics were referring to a fake copy of the proposal, the document remains archived on the congresswoman's website. Last week, a day before the resolution's release, Republicans in two House committees slammed the idea of a "top-down" approach to reducing emissions, calling the Green New Deal too "radical" for the United States .

by | February 10, 2019 | 10:16

Poland will also nearly certainly exclude Huawei from its efforts to build 5G infrastructure, according to new reports . He emphasized that "we are always willing to accept the supervision and suggestions of all European governments, customers, and partners".

by | February 09, 2019 | 12:16

According to a recent filing for creditor protection made in the Nova Scotia Supreme Court , around C$250m (£105m) of crypto coins are missing since the death of its founder Gerald Cotten in December. " Unfortunately, these efforts have not been successful ", the statement added. A burgeoning industry of hypnotists and brute force hackers make good money trying to access inaccessible money-taking as much as a fifth of what they find.

by | February 08, 2019 | 12:28

Bezos wrote in the post . An Amazon spokeswoman declined to comment other than to confirm that Bezos wrote the post . Amazon CEO Jeff Bezos has accused the owner of the National Enquirer of "extortion and blackmail" in an extraordinary blogpost alleging that the company threatened to publish nude images of him.

by | February 07, 2019 | 12:56

Facebook has grown the number of staff 42 percent in the past year and total headcount is now sitting at 35,587 people. Before the results, Facebook shares closed up more than 4 percent to $150.42 in NY trading. Zuckerberg also confirmed plans to integrate all the company's messaging services-Instagram, WhatsApp , and Messenger-so they can chat with each other.

by | February 04, 2019 | 17:10

The rate of unemployment rose up to four percent - from the 3.9 percent that was recorded last December - as did the number of people that are unemployed, increasing to 6.5m. Non-farm payroll expansion of 304,000 jobs far exceeded 165,000 estimates. Even though the shutdown was not expected to interrupt the average 200,000 jobs per month that have been added over the last decade, some in the White House had been bracing for weaker-than-expected results.

by | February 02, 2019 | 09:31

Former Nissan, Renault and Mitsubishi boss Carlos Ghosn says that charges of financial misconduct brought against him are the result of a "plot" by Nissan executives to stop him further integrating the three alliance partners . He has also resigned as chairman and chief executive of French company Renault. Currently Nissan controls Mitsubishi Motors via a 34 per cent shareholding, and owns a 15 per cent non-voting stake in Renault.

by | February 02, 2019 | 08:07

Shares of the company fell 5 percent to $1,635 after the bell. Amazon began removing a wide array of products from its India website late on Thursday to comply with the new foreign investment curbs that kick in on Feb.1 and disallow companies from selling products via vendors in which they have an equity interest.

by | February 02, 2019 | 07:54

Britain, France, Germany and Spain are expected to announce their direct recognition of Guaido from Monday, assuming an eight-day deadline they set last Saturday for an election is not met, diplomats said. "We are aware of the initiative taken by Mexico and Uruguay", said Dujarric. The military's top leadership is backing Maduro, though analysts warn that rank-and-file troops frustrated by their country's economic and humanitarian crisis may not share their unwavering loyalty.

by | February 01, 2019 | 08:44

Citing rising uncertainty about the USA economic outlook, Fed Chairman Jerome Powell said the case for raising rates had "weakened" and, in a statement, the U.S. Powell has been invoking the word " patient " to describe the Fed's latest approach to rates increases. "The situation now calls for patience", he said, referring to the prospect of further rate hikes.

by | February 01, 2019 | 07:57

Three months ago, the NSC had been snubbed by the Niti Aayog over finalisation of GDP back series data, which showed the current government's record on growth was better than that of its predecessor, the United Progressive Alliance (UPA).

by | February 01, 2019 | 00:44

The US and China opened a pivotal round of talks on Wednesday aimed at bridging deep differences over China's intellectual property and technology transfer practices and easing a months-long tariff war. "Hopefully they make some good progress that will set them up to be able to get to completion at the end of the 90 days". His goal in the talks is to force the Asian giant to put an end to trade policies the U.S.

by | January 28, 2019 | 12:11

The U.S. government could lessen the blow by phasing in restrictions on Venezuelan oil imports in a way that mirrors the trend U.S. refineries have already always been adjusting to, said John Auers, executive vice president of the refining consultancy Turner, Mason & Company.

by | January 28, 2019 | 10:42

Turkish President Tayyip Erdogan had voiced his support for Maduro in a phone call on Thursday. The military has thus far been the most important pillar of support for leftist regime, which was ushered into power more than 20 years ago by the late Hugo Chavez.

by | January 26, 2019 | 04:45

Chinese telecommunications hardware giant Huawei said it could become the world's largest seller of smartphones in 2019, without the help of the USA market and despite growing security concerns. Meng has maintained that Huawei had no connection or involvement. A Huawei spokesperson said: "Vodafone and Huawei are long-term strategic partners that have worked together since 2007".

by | January 23, 2019 | 11:44

The IMF said while the Chinese growth rate has been on a downward slope India has experienced an upward trajectory in these years. Unveiling its forecasts at the World Economic Forum in Davos , Switzerland, the fund left its prediction for USA growth this year unchanged at 2.5 per cent.

by | January 23, 2019 | 10:11

There were 15.23 million live births in 2018, a drop of two million from the year before, data from the National Bureau of Statistics (NBS) showed. Capital Economics estimates slower China expansion will shave about 0.2 percentage point off global growth this year, compared to 2018, while Citigroup Inc.

by | January 22, 2019 | 11:08

The UK's GDP will grow by 1.5% this year, should it secure an agreement to leave the European Union, and 1.6% in 2020 - 0.1 percentage points higher than previously forecast, while Germany will slump to 1.3% in 2019, down 0.3 percentage points, before recovering to 1.6% in 2020.

by | January 22, 2019 | 11:04

Footage of the incident also surfaced in the third season of the sci-fi series Travellers , another Netflix joint from Toronto-based production company Peacock Alley Entertainment, which also sourced the footage from Pond5, according to The Canadian Press .

by | January 22, 2019 | 09:37

The decline in Venezuelan production has also slowed, while more growth is expected in the USA where liquids production increased by an "incredible and unexpected" 2.1 million barrels a day in 2018, the IEA said . March Brent was recently trading at US$62.58. The IEA also reported that U.S. oil output will rise by 1.3 million bpd in 2019, though S&P Global Platts reported United States oil rigs dropping for the ninth consecutive week when Brent prices fell below $70 per barrel in ...

by | January 21, 2019 | 02:59

US stocks rose on Friday as Wall Street became more optimistic about potential progress in trade negotiations between Washington and its key trading partners while digesting some key economic data. Benchmark 10-year notes last fell 11/32 in price to yield 2.786%, compared with 2.747% late on Thursday. Shares in the Asia-Pacific outside of Japan went up by 0.25 percent.

by | January 21, 2019 | 00:40

Hoyer did acknowledge that Trump's proposal included some items that have been proposed by Democrats. In an address from the White House Saturday, Trump addressed Democrats specifically, accusing Speaker of the House Rep. Trump's Friday evening tweeted announcement came after Pelosi, D-Calif., on Friday canceled her plans to travel by commercial plane to visit US troops in Afghanistan, saying Trump had caused a security risk by talking about the trip.

by | January 19, 2019 | 16:28

Currently, the only Tesla EVs available in Australia are the Model S and Model X which come with a minimum price tag of $A168,305 for the 100kW dual motor Model S sedan, or $A172,685 for the similarly spec'd Model X SUV. Tesla posted a profit in the third quarter of a year ago - a notable achievement for Musk. That will give Tesla another temporary profit boost in Q1 2019 as it sells high-priced Model 3s to affluent customers in Europe and Asia.