Donald Trump warns his impeachment would cause United States economy to crash

With no real restrictions on his activities, Mueller went after a Trump campaign volunteer and his pick to be National Security Adviser for lying to the Federal Bureau of Investigation. The White House denied the president had lied, with Sanders call... More..

by | Published more than a month ago
by | Saturday, August 25, 2018

Powell says gradual hikes likely needed if economy stays strong

The benchmark S&P 500 index and the Nasdaq Composite hit all-time highs after Powell's speech while the dollar weakened against a basket of currencies. Other policymakers present in Jackson Hole this week hav...More..

U.S. stocks closed mixed amid data, earnings
by | Saturday, August 25, 2018

U.S. stocks closed mixed amid data, earnings

Data show the S&P 500 typically notches gains during periods when rates are rising. While financial experts are well aware of the durability of the current stock market cycle, the record is " news more t...More..

Mexico, U.S. 'close' to resolving bilateral NAFTA issues
by | Saturday, August 25, 2018

Mexico, U.S. 'close' to resolving bilateral NAFTA issues

There's optimism that U.S. Trade Representative Robert Lighthizer and Mexican Economy Minister Ildefonso Guajardo could conclude their face-to-face negotiations as early as this week - and open the door for C...More..

China Switches To Iranian Tankers To Import Iran's Oil Amid US Sanctions
by | Thursday, August 23, 2018

China Switches To Iranian Tankers To Import Iran's Oil Amid US Sanctions

The September contract CLc1 expired on Tuesday and settled 92 cents higher to $67.35 a barrel. Oil prices dipped, with US crude heading for a seventh weekly decline amid increasing concerns about slowing gl...More..

Israel Will Pay 'Higher Price' in Negotiations Due to Jerusalem Embassy Move
by | Thursday, August 23, 2018

Israel Will Pay 'Higher Price' in Negotiations Due to Jerusalem Embassy Move

Israeli settlements are considered a violation of global law and major stumbling blocks to peace efforts as they are built on land the Palestinians want for their future state. They include 370 housing units in...More..

S&P 500 reaches longest bull market in USA history
by | Thursday, August 23, 2018

S&P 500 reaches longest bull market in USA history

Shares in Europe trended slightly higher, with the blue-chip FTSE 100.FTSE gaining 0.11 percent while the pan-European FTSEurofirst 300 index.FTEU3 closed flat. In small-caps, the Russell 2000 closed at 1,7...More..

Putin says latest USA sanctions senseless
by | Thursday, August 23, 2018

Putin says latest USA sanctions senseless

The stockpile was valued at $77.4 billion at the end of the month, according to the central bank's website. More will automatically come into place soon unless Russian Federation complies with U.S. They are a...More..

United States rejects Turkey's offer on pastor
by | Thursday, August 23, 2018

United States rejects Turkey's offer on pastor

Responding to USA national security adviser John Bolton's claim that a $15 billion investment in Turkey from Qatar was "insufficient to have an impact on Turkey's economy", Ibrahim Kalin told Reuters , "His ...More..

‘Crazy Rich Asians’ Sequel in Works With Jon M. Chu to Direct
by | Wednesday, August 22, 2018

‘Crazy Rich Asians’ Sequel in Works With Jon M. Chu to Direct

THR notes that Crazy Rich Asians 2 hasn't officially been greenlit yet, but development has begun following a $35.3 million five-day opening for a film many saw as a risky gamble-an all-Asian romantic comedy...More..

Trump ‘not thrilled’ with Fed chairman over interest rate hikes
by | Wednesday, August 22, 2018

Trump ‘not thrilled’ with Fed chairman over interest rate hikes

They have insisted that Mr. Trump was not trying to intervene in Fed policy, which has historically operated independently from the executive branch, and was simply expressing his opinion. But that stands in ...More..

US rejects Turkey's offer to release pastor
by | Wednesday, August 22, 2018

US rejects Turkey's offer to release pastor

U.S. National Security Adviser John Bolton told Reuters during a visit to Israel that Ankara "made a big mistake in not releasing Pastor (Andrew) Brunson ". On Friday, a Turkish high criminal court rejected ...More..

Trump’s ex-campaign chief Manafort guilty of tax, bank fraud
by | Wednesday, August 22, 2018

Trump’s ex-campaign chief Manafort guilty of tax, bank fraud

He's not the only one who said this on Tuesday; Fox News' John Roberts tweeted that people close to Trump told him, "Remember, the president can not be indicted". The FBI raided Cohen's office in April ,...More..

Trump bashes Fed chief Powell in interview with Reuters
by | Wednesday, August 22, 2018

Trump bashes Fed chief Powell in interview with Reuters

Trump is with his own appointee, Chairman Jerome Powell, for raising interest rates and said the US central bank should do more to help him to boost the economy. "The Fed keeps calling for raising rates in a ...More..

France's Total has officially left Iran -oil minister - Punch Newspapers
by | Wednesday, August 22, 2018

France's Total has officially left Iran -oil minister - Punch Newspapers

Washington will on 4 November reimpose sanctions on Iran's oil exports and banking sector. On Monday, sources told Reuters Chinese buyers of Iranian oil were beginning to shift their cargoes to vessels owne...More..

Britain's foreign minister says Russian Federation is making the world more risky
by | Wednesday, August 22, 2018

Britain's foreign minister says Russian Federation is making the world more risky

Both Republicans and Democrats in Congress have criticized Trump, particularly after his summit with Putin in Helsinki last month, for failing to stand up to Moscow on issues including what they see as Trump's ...More..

by | Tuesday, August 21, 2018

Trump Won’t Acknowledge the Independence of the Fed

Trump selected Powell for the job previous year from a short list of several prominent central bankers, praising Powell for his "wisdom" and "leadership" skills when he nominated him formally in November. "That...More..

Post Malone's Private Plane Circling for Crash Landing After Tires Blow
by | Tuesday, August 21, 2018

Post Malone's Private Plane Circling for Crash Landing After Tires Blow

The plane departed from New Jersey's Teterboro Airport at 10:50 this morning. Post Malone played at the MTV Video Music Awards Monday night in NY and is starting a tour in Great Britain. But the pilot wil...More..

Congress uses revised GDP data to defend UPA’s economic record
by | Monday, August 20, 2018

Congress uses revised GDP data to defend UPA’s economic record

Similarly, NITI Aayog Vice-Chairman Rajiv Kumar said that over 10 per cent growth rate during the Rajiv Gandhi government was debt funded, leading to the disastrous collapse of growth in 1990-92 forcing India t...More..

Inflation hits 3% in July, upper end of BoC target
by | Monday, August 20, 2018

Inflation hits 3% in July, upper end of BoC target

Economically speaking, consumer sentiment for August is scheduled to come out, along with leading economic indicators and the Advance Quarterly Services Report that measures the performance of the USA service...More..

It Was Only A Matter Of Time: Netflix Now Reportedly Testing Ads
by | Monday, August 20, 2018

It Was Only A Matter Of Time: Netflix Now Reportedly Testing Ads

Another user alleged that ads for the crime documentary series I Am a Killer , a Netflix original series , were appearing during an another licensed show not available in the USA service, Bob's Burgers . N...More..

United States trade official hopes for breakthrough in NAFTA talks
by | Monday, August 20, 2018

United States trade official hopes for breakthrough in NAFTA talks

Officials from each country have insisted there's nothing unusual about the one-on-one discussions on the three-country deal because it's allowing the US and Mexico sort tough bilateral issues, such as their di...More..

NAFTA deal with Mexico, not Canada
by | Sunday, August 19, 2018

NAFTA deal with Mexico, not Canada

The U.S resumed negotiations with Mexico n July after talks that included Canada stalled. "We're not negotiating with Canada right now", said Trump , who has frequently complained about Canada's supply-m...More..

Elon Musk Admits Exhaustion As Tweet Storm Deepens
by | Sunday, August 19, 2018

Elon Musk Admits Exhaustion As Tweet Storm Deepens

Elon also told the NYT reporters he's been putting in 120-hour work weeks these days. On top of that, the company's battery Gigafactory outside Reno, Nevada is still only partially complete, and Musk has ...More..

House of Fraser website down following payment dispute
by | Sunday, August 19, 2018

House of Fraser website down following payment dispute

The £90 million rescue bid saw Sports Direct acquire all 59 House of Fraser stores, the brand and all of the retailer's stock. House of Fraser has been bought over by Sports Direct boss Mike Ashley, meaning n...More..

Donald Trump asks SEC to look into practicality of corp
by | Sunday, August 19, 2018

Donald Trump asks SEC to look into practicality of corp

U.S. President Donald Trump on Friday said meetings with corporate executives prompted him to ask the U.S. Securities and Exchange Commission (SEC) to study letting public companies file financial reports eve...More..

U.S. threatens more sanctions on Turkey — JAILED PASTOR
by | Saturday, August 18, 2018

U.S. threatens more sanctions on Turkey — JAILED PASTOR

The lira , which has lost some 40 percent of its value this year, weakened beyond 6.21 against the US dollar after the news , from 6.04 beforehand. US Treasury chief Steve Mnuchin earlier said the US could ...More..

Google staff revolt over secret China censorship project
by | Saturday, August 18, 2018

Google staff revolt over secret China censorship project

The company's willingness to co-operate with strict Communist Party restrictions on the internet raises "urgent moral and ethical issues", according to a letter signed by 1,400 employees. Pichai pledged transpa...More..

Turkish lira volatile as USA warns of further sanctions
by | Saturday, August 18, 2018

Turkish lira volatile as USA warns of further sanctions

Andrew Brunson , an evangelical pastor from Black Mountain, N.C., shown in Izmir, Turkey, on July 25. Trump tweeted on August 10 that he has authorized a doubling of tariffs on Turkish steel and aluminum ...More..

Bitcoin's Price Falls Below $6K to Near 2018 Low
by | Friday, August 17, 2018

Bitcoin's Price Falls Below $6K to Near 2018 Low

This means that much of the gain made during the Bitcoin bonanza in 2017 has been erased. While cryptocurrencies rallied in July on hopes that a Bitcoin-backed exchange-traded fund would attract new inv...More..