Money

Trump Admininstration Announces Emergency Farmer Aid Plan to Mitigate Tariff Effects

Agriculture Secretary Sonny Perdue, pictured in April, told reporters Tuesday that new aid programs "are a firm statement that other nations can not bully our a...


President Trump planning emergency aid to farmers affected by tariffs

The US Agriculture Department said the programme would provide emergency relief to offset an estimated $11bn in losses it expects farmers to incur as the trade ...


Mega Millions jackpot at $512M for Tuesday's drawing

The Mega Millions jackpot is now over $500 million ahead of Tuesday's drawing. The estimated Super Kansas Cash jackpot for Saturday is $1.805 million. You c...


New York Daily News axes half of its staff

Tronc, which recently announced that it would change its name back to Tribune Company after years of ridicule, has left a trail of destruction at numerous n...


Trump to offer U.S. farmers billions to ease trade pain

The White House has searched for months for a way to provide emergency assistance to farmers without backing down on Trump's trade agenda, and the new program w...


Trump tells Iran 'never, ever threaten' USA after Rouhani's war talk

Iran's state news agency said the tweet was typical of Trump's "bullying words". Many ordinary Iranians are anxious that the war of words might lead to...


Alphabet shrugs off EU's record €4.3bn fine

Operating margin rose to 24 percent from 22 percent last quarter, excluding the $5 billion antitrust fine issued last week by the European Commission over Goog...


Goldfish crackers are being recalled due to possible salmonella contamination

Neither Mondelez Global (makers of Ritz) nor Flowers Foods (makers of six brands of Swiss rolls ) would name the whey powder supplier when asked by the Miami H...


China Announces Steps To Support Growth Amid Rising Trade Tensions

Trump, on Friday, lamented the recent strength of the United States dollar and accused the European Union and China of manipulating their currencies. Investor...


Alphabet's Q2 profit triggers rally, despite $5.1B European Union fine

Google has said it will appeal the EC decision. Government pressure to improve moderation of user-created content has forced Google to hire more analysts. Goog...


Tesla seeking cash from suppliers

The report also said it's not clear how many suppliers received the request. Now that Tesla has achieved its target of 5,000 units per week production rate, t...


Industry hails GST rate cuts, decision to allow quarterly filing of returns

The announcement comes a year after the government introduced the tax, known as GST, on all goods - including the 12% duty on menstrual hygiene products. Whil...


'Never threaten U.S. again': Donald Trump fires back 'consequences' at Iran's Rouhani

Pompeo's speech on Sunday came as US President Donald Trump and his Iranian counterpart Hassan Rouhani traded angry threats amid rising tensions between the...


Tesla shares drop on report that it asked suppliers for refunds

A company spokesperson told the Wall Street Journal the memo was part of standard procurement procedures, but offered no further comment. With high expenses...


Trump claims Fed rate hikes hinder United States economy

He said the Fed's course of tightening monetary policy now "hurts all that we have done". Feroli also noted that the easiest way for Trump to bend the Fed...


Oil rises as Saudi Arabia vows to maintain supply

Crude oil futures for August ended up $1.00 or 1.4%, at $70.46 a barrel on the New York Mercantile Exchange. It has lost 0.8 percent this week. Total volume t...


No Mega Millions victor on Friday

Both jackpots start at $40 million and roll until the jackpot is won. There have only been two other winning jackpots this year, including $451 million from a...


Select Uncle Ben's rice products recalled due to possible Salmonella contamination

Mars Food Canada is voluntarily recalling select Uncle Ben's rice products, including its Fast & Fancy Broccoli and Cheddar , and Country Chicken flavoured ...


Donald Trump willing to slap tariffs on all Chinese imports

Treasuries tumbled and stocks closed mostly lower after President Donald Trump's latest verbal salvos fanned investor concern that a global trade war is esc...


Gatwick Airport: British Airways flight makes emergency landing

It is believed the problem has not hit all of the IT systems used by the airline and most are working as normal. The airline apologised after dozens of flight...


Ritz Cracker products recalled over Salmonella fears

The affected products contain expiration dates between January 14, 2019 and April 13, 2019. Young children, pregnant women, the elderly and people with weaken...


McDonald's salad outbreak widens to 9 states

The outbreak, first reported in IL and Iowa, prompted the fast-food chain to temporarily stop selling salads at the restaurants identified as possible sites of ...


Ryanair cancels flights due to stewards' strike, 50,000 passengers affected

The cancellations amount to 12 percent of its flights. Given the possibility that the budget carrier may cancel more flights, the ministry is requesting detai...


Trump threatens tariffs on all US$505 billion of Chinese imports

Benchmark 10-year USA notes last fell 13/32 in price to yield 2.895 percent, from 2.847 percent late on Thursday. Trump told CNBC's Joe Kernen he was "rea...


Cadbury's to launch Dairy Milk bar with 30 percent less sugar

Cadbury's have announced that a new Dairy Milk will hit the shelves from next year. A team of 20 scientists and "choc experts" have reportedly been working...


Facebook suspends another data firm amid fresh probe

Facebook does not prohibit third parties like Crimson Hexagon from providing data to government agencies for market research purposes, for example when the Tr...


Amazon Prime Day Purchases Show Growth In Mobile 07/19/2018

Amazon Prime Video's recently launched non-scripted comedy show "Comicstaan" has broken the record of being the most watched Amazon Prime Original series in it...


Fiat Chrysler To Replace Ill CEO

The sports auto maker also announced a replacement, naming Fiat Chrysler chairman John Elkann as his successor. "It was a situation that was unthinkable until...


Wall St. climbs on Powell comments, earnings

While Fed officials have supported Powell's two rate hikes this year with no dissents, one key policymaker, Neel Kashkari, the president of the Fed's Minneapoli...


Fiat Chrysler replaces CEO Sergio Marchionne for health reasons

Fiat Chrysler Automobiles named Mike Manley, the head of its Jeep and Ram brands, to replace ailing CEO Sergio Marchionne at the helm of the world's eighth-larg...