President Trump downbeat ahead of trade talks with EU

Tariffs are the greatest! Critics of the agreement were especially miffed that existing steel and aluminium tariffs will remain in place despite the White House meeting. In a joint statement , Trump and Juncker agreed to "work together towards zer... More..

by | Published 22 days ago
World's oldest person, a Japanese woman, dies at 117
by | Sunday, July 29, 2018

World's oldest person, a Japanese woman, dies at 117

He gained the title of oldest living male after the death of Francisco Nuñez Olivera from Spain in January 2018. Miyako's family said she was a chatty person who was patient and kind to others and loved del...More..

Putin praises Trump’s commitment to fulfilling campaign promises
by | Saturday, July 28, 2018

Putin praises Trump’s commitment to fulfilling campaign promises

White House press secretary Sarah Sanders said Trump is open to receiving the official invitation and that Trump "looks forward" to a Putin visit to the United States sometime next year. Trump was criticized at...More..

Facebook weighs on Nasdaq, but trade optimism boosts Dow
by | Saturday, July 28, 2018

Facebook weighs on Nasdaq, but trade optimism boosts Dow

U.S. shares of NXP fell 5.6 per cent. The benchmark S&P 500 jumped more than half a percent in the last half-hour of trading on news of the concessions and closed at its highest level since January 29. Amazon...More..

United States grows at fastest pace since 2014 gains
by | Saturday, July 28, 2018

United States grows at fastest pace since 2014 gains

The U.S. economy accelerated last quarter at an annual rate of 4.1 percent, the government estimated Friday , as consumers spent tax-cut money, businesses stepped up investment and exporters rushed to ship the...More..

What is Trump-EU truce to China?
by | Saturday, July 28, 2018

What is Trump-EU truce to China?

A pan-European Business Confederation on Thursday applauded the trade relations agreement. Trump and Juncker said that the agreement represented "a new phase in the relationship between the United States an...More..

FACEBOOK FAIL: Zuckerberg Loses $16 BILLION in FIVE MINUTES as Shares PLUNGE
by | Saturday, July 28, 2018

FACEBOOK FAIL: Zuckerberg Loses $16 BILLION in FIVE MINUTES as Shares PLUNGE

Some see the Facebook selloff as clear evidence that nothing can grow forever, especially not the world's biggest companies, especially not at the rate of nimble, promising startups. 'The real concern is the ...More..

Twitter stock sinks after reporting decline in active users
by | Saturday, July 28, 2018

Twitter stock sinks after reporting decline in active users

Social media researchers for years had complained about the prevalence of bots - automated accounts managed by people seeking to shape online discourse - on Twitter, accusing the company of playing down the pro...More..

SEC rejects Winklevoss's Bitcoin ETF bid
by | Friday, July 27, 2018

SEC rejects Winklevoss's Bitcoin ETF bid

This qualifier could indicate that the SEC may be receptive to a future bitcoin ETF if the right conditions are met and its host exchange can provide proof of sufficient market protections. A surveillance-sha...More..

Trump open to visiting Moscow after Putin invite: White House
by | Friday, July 27, 2018

Trump open to visiting Moscow after Putin invite: White House

THE FACTS: Economists do expect a strong number for growth in the April-June quarter, but it is likely to be a temporary bounce. At Bloomberg Economics, economists Carl Riccadonna and Tim Mahedy estimate gro...More..

by | Friday, July 27, 2018

Russia’s Putin says he invited Trump to Moscow

The Russian leader appeared to shrug off Mr. Trump's political problems at home. "We are ready to invite President Trump to Moscow, by all means". We are ready for such meetings. Trump initially invited...More..

Amazon's quarterly profit tops $2 billion for first time
by | Friday, July 27, 2018

Amazon's quarterly profit tops $2 billion for first time

The Seattle retail and technology giant on Thursday reported a record profit of $2.5 billion, the latest sign of the company's success in tapping new markets even as it deepens its dominant position in e-commer...More..

Treasury Secretary Steven Munchin Outlines Trade Negotiations with EU Going Forward
by | Friday, July 27, 2018

Treasury Secretary Steven Munchin Outlines Trade Negotiations with EU Going Forward

The Trump administration says farmers caught in the middle of trade policies could soon see financial relief but some Wisconsin farmers worry if it will solve the problem. The two leaders diffused what had thre...More..

Facebook stock plummets in record one-day drop
by | Friday, July 27, 2018

Facebook stock plummets in record one-day drop

According to Bloomberg , if the overnight fall in out-of-hours trading is maintained when the USA market officially opens on Thursday, some $151bn could be wiped off its stock market value - more than any c...More..

Saudi Red Sea oil shipments halted after Houthi attack
by | Friday, July 27, 2018

Saudi Red Sea oil shipments halted after Houthi attack

Pro-government forces backed up by a coalition led by Saudi Arabia have paused their offensive on Hodeida port in a bid to give UN-led peace efforts a chance. If the Bab El Mandeb situation deteriorates furth...More..

Facebook's Innovation Hub Has Been Kicked Out of China
by | Friday, July 27, 2018

Facebook's Innovation Hub Has Been Kicked Out of China

However, the office's registration has since been removed from the Chinese government website, suggesting possible complications, the New York Times says . Although its key services being barred under Beijing'...More..

Donald Trump strikes trade deal with E.U
by | Thursday, July 26, 2018

Donald Trump strikes trade deal with E.U

During a speech to the Veterans of Foreign Wars, the president said the result of his trade policies will be positive. "Very demanding and intensive negotiations lie ahead of us", German Economy Minister Pete...More..

Trump, EU in talks to avoid trade war
by | Thursday, July 26, 2018

Trump, EU in talks to avoid trade war

The written text was short on specifics and trade analysts described it as largely an agreement to do more talking. Germany's economy minister Peter Altmaier immediately hailed the news on Twitter, post...More..

Insider says Apple’s most exciting new iPhone of 2018 may be delayed
by | Thursday, July 26, 2018

Insider says Apple’s most exciting new iPhone of 2018 may be delayed

The statement came from the company's earnings call, as reported by CNBC . Without Qualcomm supplying Apple with cellular modems, the iPhone maker will likely switch to using Intel's modems, which are fast...More..

Dominic Raab reassures United Kingdom there is 'adequate food supply' if No Deal
by | Thursday, July 26, 2018

Dominic Raab reassures United Kingdom there is 'adequate food supply' if No Deal

McFarlane said the government now needed to act fast to negotiate "expanded equivalence" for Britain after critics said the regime exposed firms to sudden loss of European Union market access. In Brussels, offi...More..

Top General Warns US of Iran’s Harsh Response
by | Thursday, July 26, 2018

Top General Warns US of Iran’s Harsh Response

Echoing Iranian President Hassan Rouhani's stances against the USA, the general recommended the United States not to play with the lion's tail, saying the bases and interests of the enemies, particularly the U....More..

Facebook's shares tumble as growth disappoints
by | Thursday, July 26, 2018

Facebook's shares tumble as growth disappoints

The revenue shortfall reflects warnings from Chief Executive Mark Zuckerberg that Facebook's bottom line could be affected by costly measures it is taking to improve safety and security for its 2.23 billion...More..

Trump Announces Plan To Work With EU To Strengthen Trade Relationship
by | Thursday, July 26, 2018

Trump Announces Plan To Work With EU To Strengthen Trade Relationship

Trump says a 10 per cent tax on imports of cars to the European Union is too high compared to the 2.5 per cent rate charged by the U.S, and he's also been critical of the European Union over its US$150 billio...More..

Trump plans emergency aid to farmers affected by his tariffs
by | Wednesday, July 25, 2018

Trump plans emergency aid to farmers affected by his tariffs

The move was retaliation for tariffs the United States placed on Chinese goods, mostly targeting the aerospace, robotics and machinery industries. "My thoughts are the thoughts of farmers. Agricultural Comm...More..

$1 Million Mega Millions Ticket Sold In Plymouth
by | Wednesday, July 25, 2018

$1 Million Mega Millions Ticket Sold In Plymouth

Six are worth $1 million each, sold in Arizona, Massachusetts, Michigan, Minnesota and New Jersey (two). It looks like someone has just joined the Half Billionaires Club after buying a Mega Millions ticket ...More..

by | Wednesday, July 25, 2018

Former Ferrari chairman Sergio Marchionne dies aged 66

Sergio Marchionne , man and friend, is gone". Marchionne had been at Fiat for over a decade and added the title of Ferrari chairman in 2014, replacing Luca di Montezemolo. As Fiat Chrysler heads into what m...More..

European Commission President Set to Face Trump and His Tweets
by | Wednesday, July 25, 2018

European Commission President Set to Face Trump and His Tweets

Marco Rubio (R-Fla.) said in a 2015 ad while running for president, criticizing Obama for being too deferential to Iran's supreme leader. "As I've said all along, nobody wins in a trade war". On Thursday, Trump...More..

Mega Millions jackpot at $522 million ahead of Tuesday drawing
by | Wednesday, July 25, 2018

Mega Millions jackpot at $522 million ahead of Tuesday drawing

The largest MEGA Millions jackpot ever was $656 million in 2012. The jackpot, which could climb throughout the day, is the fifth-largest in the multi-state game's history. Robinson bought four tickets, one fo...More..

U.S. farmers hurt by Trump's tariffs to receive emergency aid
by | Wednesday, July 25, 2018

U.S. farmers hurt by Trump's tariffs to receive emergency aid

China has retaliated with duties on soybeans and pork, affecting Midwest farmers in a region of the country that supported the president in his 2016 campaign. 'Accusing the president of the United States of tre...More..

by | Tuesday, July 24, 2018

Trump administration planning emergency aid to farmers affected by tariffs

To help cushion the blow, the White House plans to announce a package worth of emergency aid worth $12 billion for farmers affected by the tariffs, as first reported by The Washington Post . The imposition o...More..

North Korea begins dismantling test-site facilities, U.S. think-tank says
by | Tuesday, July 24, 2018

North Korea begins dismantling test-site facilities, U.S. think-tank says

The publication of the new images emerged just hours after Donald Trump refuted what he called "fake news reports " that claimed that he was somehow frustrated over the lack of progress of the North Korean d...More..

Trump plans to give billions in aid to farmers hurt by tariffs
by | Tuesday, July 24, 2018

Trump plans to give billions in aid to farmers hurt by tariffs

Trump wrote on Twitter on Tuesday that the U.S.is a "'piggy bank' that's being robbed". Mr. Trump has placed tariffs on imported steel and aluminum, saying they pose a threat to USA national security, an ar...More..

4 types of Goldfish Crackers recalled over salmonella fears
by | Tuesday, July 24, 2018

4 types of Goldfish Crackers recalled over salmonella fears

The four kinds of goldfish affected by this recall are: Flavor Blasted Extra Cheddar, Flavor Blasted Sour Cream and Onion, Goldfish Baked with Whole Grain Extra Cheddar and Goldfish Mix Extra Cheddar and Pr...More..

Alphabet hits a record high after earnings top expectations
by | Tuesday, July 24, 2018

Alphabet hits a record high after earnings top expectations

Google also has tweaked its comparison shopping service as it strives to comply with an European Union ruling from past year, and it plans to soon release changes to how it handles political ads. The Mounta...More..

US trade threats, intimidation won't ever work: China
by | Tuesday, July 24, 2018

US trade threats, intimidation won't ever work: China

The dollar index fell 0.77 percent, with the euro up 0.74 percent to $1.1727. Chinese shares also opened lower but quickly reversed their losses, with both the blue-chip index and Shanghai's SSE composite up ...More..