Apple cites China as it cuts forecast

In November, the Cupertino, California-based company said it would stop disclosing unit sales data for iPhones and other hardware items, leading many analysts to worry that a drop in iPhone sales was coming. Sales of Apple Watch Series 4 and iPa... More..

by | Published 20 days ago
Tesla Cuts Prices on All Cars by $2000
by | Wednesday, January 02, 2019

Tesla Cuts Prices on All Cars by $2000

Tesla has been urging buyers to make use of the federal tax credit, with Musk reminding them on Twitter on Saturday that the benefit would drop to half at the beginning of 2019. Tesla shares have fallen after ...More..

Xi tells Trump cooperation best for both countries
by | Wednesday, January 02, 2019

Xi tells Trump cooperation best for both countries

The Shanghai Composite entered a bear market in June and has now declined almost 25% since the start of the year. During the Cold War in the late 20th century, with the United States pitted against the Sovi...More..

New Year’s Day Mega Millions jackpot reaches $415 million
by | Wednesday, January 02, 2019

New Year’s Day Mega Millions jackpot reaches $415 million

The New Year's Day numbers drawn Tuesday night are 34, 44, 57, 62, 70 and a gold Mega Ball of 14. A Mega Millions tickets is sold at the Bluebird Liquor store in Hawthorne on October 19, 2018. While there...More..

Minimum Wages Rising In 20 States And Several Cities
by | Tuesday, January 01, 2019

Minimum Wages Rising In 20 States And Several Cities

Next year it will have been a decade since Congress last increased the federal minimum wage, approaching a record stretch between raises. Millions of US workers will see increased pay in 2019 due to minimum-w...More..

Seven people injured after jet bridge collapses at BWI Airport, FAA says
by | Sunday, December 30, 2018

Seven people injured after jet bridge collapses at BWI Airport, FAA says

BWI Fire Chief Victor Ferreira said on Twitter that "personnel involved were taken to area hospitals to be evaluated for minor injuries as a precaution". The rest of the passengers used the plane's staircase...More..

Suspected Cyberattack From Outside US Hits LA Times, Other Papers
by | Sunday, December 30, 2018

Suspected Cyberattack From Outside US Hits LA Times, Other Papers

Representatives of the Federal Bureau of Investigation were not available for comment. Tribune Publishing said in a statement on Saturday that "the personal data of our subscribers, online users, and advertis...More..

Grand Forks Kmart to close in March
by | Saturday, December 29, 2018

Grand Forks Kmart to close in March

Representatives for Sears, based in Hoffman Estates, Illinois, and for Bank of America declined to comment. Any plan would have to be approved by the court. Its mail-order catalogues with merchandise ranging fr...More..

Wells Fargo to pay states $575 million over sales practices
by | Saturday, December 29, 2018

Wells Fargo to pay states $575 million over sales practices

Prosecutors say those incentives led Wells Fargo Community Bank employees to submit applications on behalf of millions of customers, without their knowledge or consent, for life insurance and renter's insurance...More..

Towne East Sears closing in March
by | Friday, December 28, 2018

Towne East Sears closing in March

On Dec. 27, Sears told employees that it would be closing these stores in March 2019. The Sears in Lincoln is located at 6400 O Street. The iconic American retailer has filed for Chapter 11 protection from ...More..

Minimum-Wage Rises In Minnesota Beginning January 1st
by | Friday, December 28, 2018

Minimum-Wage Rises In Minnesota Beginning January 1st

As a direct result of that organizing, some 22 million low-wage workers nationwide will benefit from an estimated $68 billion in annual raises, according to a study published last month by the National Employ...More..

Wall Street makes holiday rebound with its best day in 10 years
by | Friday, December 28, 2018

Wall Street makes holiday rebound with its best day in 10 years

Following Wall Street's worst-ever Christmas Eve drop in the previous session, the advance was also fuelled by investors' reversing bets against a wide range of stocks. Even so, traders have been jittery this...More..

Amazon announces record sales for holiday season in 2018
by | Friday, December 28, 2018

Amazon announces record sales for holiday season in 2018

In total more than a billion products were shipped for free worldwide to Amazon Prime subscribers this season. "Prime membership continued to grow this holiday season.to benefit from FREE Same-Day, One-Da...More..

by | Friday, December 28, 2018

Massive internet outage impacting CenturyLink customers

The outages apparently began Thursday morning. Jessica Rosenworcel, a member of the Federal Communications Commission, said via Twitter that this was a " nationwide outage" and her agency needed to investiga...More..

NY authorities investigating ‘transformer incident’ amid reports of an explosion
by | Friday, December 28, 2018

NY authorities investigating ‘transformer incident’ amid reports of an explosion

The NYPD also reports the fire is under control. City authorities reported heavy police and fire department activity near 20th Avenue and 31st Street, which is the site of a large power plant in Astoria. Trav...More..

Trump Says Now Is The Right To Buy Stocks
by | Friday, December 28, 2018

Trump Says Now Is The Right To Buy Stocks

The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc . nor the author can guarantee such accuracy. "I have great confidence in our companies. So I thin...More..

India tightens e-commerce rules, likely to hit Amazon, Flipkart
by | Friday, December 28, 2018

India tightens e-commerce rules, likely to hit Amazon, Flipkart

Deep discounts and exclusive deals on e-marketplaces like Amazon and Walmart-owned Flipkart will soon become history. In fact, industry sources said that vendor entities like Retailnet India , Cloudtail,...More..

White House mulls new year executive order to bar Huawei, ZTE purchases
by | Friday, December 28, 2018

White House mulls new year executive order to bar Huawei, ZTE purchases

The president would issue the order declaring a national emergency as early as in January, Reuters reported . The developments come after the U.S. reportedly urged its allies in November to abandon the use o...More..

Nikkei surges 4% after Wall Street recovery
by | Thursday, December 27, 2018

Nikkei surges 4% after Wall Street recovery

The 225-issue Nikkei average dived 1,010.45 points, or 5.01 percent, to end at 19,155.74, its lowest finish since April 25, 2017. The Nikkei index in Japan fell by 5% based on mainly external factors. "I ha...More..

Dow Surges 1000+ Points, Largest Single-Day Gain Ever
by | Thursday, December 27, 2018

Dow Surges 1000+ Points, Largest Single-Day Gain Ever

The S&P 500 - which had been on the verge of bear market territory, which is when a market falls 20% from a recent high - and Nasdaq were also up sharply. The Dow Jones Industrial Average rallied by m...More..

Elon Musk's tax reimbursement plan zaps Tesla stock
by | Thursday, December 27, 2018

Elon Musk's tax reimbursement plan zaps Tesla stock

Other EV's such as those of Jaguar, Audi, Mercedes-Benz and Porsche will not be in direct competition with the model X. However two new vehicle announcements indicate there will be considerable competition in C...More..

Not very merry: US stocks plunge before Christmas
by | Thursday, December 27, 2018

Not very merry: US stocks plunge before Christmas

The group, formed following the stock market crash of October 1987, is known more commonly as the "Plunge Protection Team" and met in 2009 in the latter stages of the financial crisis. Trump has shattered man...More..

Oil ETFs Rebound as Bargain Hunters Look to a Potentially Oversold Market
by | Thursday, December 27, 2018

Oil ETFs Rebound as Bargain Hunters Look to a Potentially Oversold Market

But the recent stats are adding further bearish momentum in oil, especially after Iran's oil minister was quoted as saying that "the private buyers of Iranian crude have had "no problems" exporting it", despi...More..

Last-minute shoppers hit the stores on Christmas Eve
by | Wednesday, December 26, 2018

Last-minute shoppers hit the stores on Christmas Eve

In general, don't expect the pharmacy to be open Christmas Day, but the store will be open. Stores will open their doors at 9 a.m. local time and close at 9 p.m. Circle K: Most locations open 24/7. QuikTrip c...More..

Massive Christmas Mega Millions Jackpot Drawn
by | Wednesday, December 26, 2018

Massive Christmas Mega Millions Jackpot Drawn

The lucky numbers are 2, 8, 42, 43, 50 and Mega ball 6. For Wednesday night's Powerball drawing, the jackpot is an estimated $294 million with a cash option of $177.6 million. No winning tickets were immediat...More..

United Kingdom police release pair without charge over Gatwick drone chaos
by | Wednesday, December 26, 2018

United Kingdom police release pair without charge over Gatwick drone chaos

Sussex Police said officers had been using "a range of tactics" to hunt for the mystery drone operators and "build resilience to detect and mitigate further incursions". Now it appears the drone might have fad...More..

Ghosn expected to be released from jail on January 1
by | Wednesday, December 26, 2018

Ghosn expected to be released from jail on January 1

The extension announced by the Tokyo District Court means Ghosn will remain in Tokyo's main detention center, where he has been confined since his arrest last month on initial allegations of financial misconduc...More..

Trump praises Treasury Secretary Mnuchin but hits Fed again on rate rises
by | Wednesday, December 26, 2018

Trump praises Treasury Secretary Mnuchin but hits Fed again on rate rises

Addressing reporters at the White House, President Trump reiterated his view that the Federal Reserve is raising interest rates too quickly, but called the independent agency's rate hikes a "form of safety"...More..

Oil Producers to meet again, if output cut isn’t enough: UAE
by | Wednesday, December 26, 2018

Oil Producers to meet again, if output cut isn’t enough: UAE

Markets across asset classes have come under pressure amid growth concerns intensified by a USA government shutdown . Investors flock to perceived safe-haven assets such as gold and government debt, at the e...More..

Stock market free fall continues after unexpected statement from Steven Mnuchin
by | Wednesday, December 26, 2018

Stock market free fall continues after unexpected statement from Steven Mnuchin

USA equity index futures dropped late on Sunday as electronic trading resumed to kick off a holiday-shortened week. Mnuchin spoke with the regulators during a hastily convened call Monday to discuss market ...More..