Money

United States economy grows 3.5% in 3Q as consumers, government spending boosts GDP

In the third quarter, U.S. GDP grew at an annualized rate of 3.5%, according to the latest data from the BEA. Third quarter GDP topped expectations and show...


Snapchat parent pressured by drop in users

The company expects that daily active users will decline again in the fourth quarter. The good news on Thursday was that Snap's third-quarter net loss and rev...


Dyson Scopes Out Singapore Site For Planned EV Facility

Dyson announced his decision to launch electric cars past year - a sector in which the company will face stiff competition from established players. " Singap...


Text leads to Mega Millions win for Virginia woman

It comes after one ticket sold in SC matched all six numbers on Tuesday in the United States' other main lottery, the Mega Millions , to win a jackpot of $1.53...


Tesla Reportedly Faces Criminal Investigation

The Journal reported that the FBI is investigating whether the company made production estimates that it knew would be impossible to meet. The newspaper repo...


New Fed vice-chair signals more US rate hikes ahead

Richard Clarida, the U.S. Federal Reserve's new Vice Chair, on Thursday backed the central bank's plan to raise interest rates further as the risks that monet...


These Are The 10 Most And 10 Least Reliable Cars Of 2018

Tesla fell six spots from past year and now ranks third-worst (27 out of 29). There are only a few small surprises in its 2018 survey, and sadly, those surprise...


Saudi Prosecutors Now Claiming Killing of Jamal Khashoggi Was Premeditated

Secretary of State Mike Pompeo said he is working with the Treasury Department on whether to impose sanctions on those found responsible for the journalist's ...


Numbers drawn for record $1.6B Mega Millions jackpot

The victor has 180 days to collect the jackpot. Each took home $528.8 million. Before the drawing, lottery officials had been reporting an expected $1.6 bil...


Winning ticket sold for $1.6B Mega Millions

Before Mega Millions released an official statement, a chart on the South Carolina Education Lottery shows a jackpot victor in that state. The overall v...


World billionaire wealth surges to record high $12.6 trillion

The total wealth held by the world's billionaires has surged by 19 per cent to $12.6 trillion, according to a survey of more than 2,000 of the world's richest...


Twitter shares surge as advertisers welcome efforts to cull spam accounts

Advertising, which makes up the bulk of Twitter revenues, grew 29% over the past year to $650 million, according to the earnings report . A year earlier, the c...


Strong Results, Modest Guidance — Amazon.com Earnings

Operating income is expected to be between $2.1 billion and $3.6 billion, compared with $2.1 billion in fourth quarter 2017. So if you were surprised to see Ama...


European Union rejects Italy's budget, raising stakes in dispute

Dombrovskis said previous year Italy's debt represented an average burden of 37,000 euros per inhabitant and the country spent about the same amount to servi...


U.S. stocks down as industrials begin to feel tariff pain

Earnings for S&P 500 companies grew about 20 per cent in the first and second quarters, and experts expect similar results for the third quarter. "That's the ...


Volkswagen reveals SA-bound T-Cross compact SUV

This new model will soon be debuting in the markets of three continents with its combination of style, practicality, flexibility, connectivity and economy, and ...


Google fired 48 employees for sexual misconduct: CEO Sundar Pichai

Pichai also said that none of the 48 dismissed employees received exit packages. He added that Google is "dead serious about making sure [it] provides a safe ...


Saudi prosecutor says Khashoggi murder was "premeditated"

After weeks of denying involvement in his disappearance, Saudi Arabia on Saturday announced that he died in a fight inside the consulate . The three-day R...


Saudi Crown Prince Acknowledges Khashoggi Murder for First Time

Salah Khashoggi's departure from Saudi Arabia came a day after a meeting at the al Yamama Palace in Riyadh in which he and other family members received condo...


Tim Cook Warns That Personal Data Is Being 'Weaponized Against Us'

This means that Apple is not looking to collect user information and sell it to the highest bidder like some other companies. Apple CEO Tim Cook spoke at th...


Cathay Pacific flags data breach affecting up to 9.4m passengers

Cathay Pacific announced today that as part of its ongoing IT security processes, it has discovered unauthorised access to some of its information system conta...


‘Gold diggin’ dog cons McDonald’s customers into giving her food

May I take you order? She's not even a stray dog. Everyone feels bad for a stray, and this opportunistic dog appears to have used that to her advantage . She...


Turkey says Saudi Arabia still has questions to answer over Khashoggi

Haspel , who arrived in Turkey on Monday, listened to an audio recording of Khashoggi's killing during her visit, according to the sources, speaking on the co...


Microsoft earnings beat expectations, stock jumps

Earnings per share were up 36 percent at $1.14. "We're excited to help our customers build the digital capability they need to thrive and grow, with a busin...


EU rejects Italian draft budget, setting up standoff with defiant Italy

Investors have been unnerved by a myriad of issues including some disappointing earnings reports , uncertainty over Brexit , Italy's budget spat with the Eu...


Ford opens MI plant to relaunch Ranger pickup, Bronco SUV

Making the leap from Raptor to ST through the Ranger will establish a more streamlined line-up of vehicles from Ford . Earlier this year, Michigan Assembly end...


McDonald's is adding a new breakfast sandwich and it doesn't make sense

These customers "hack" the menu by swapping items to create customized versions of the chain's food, such as by adding hash browns to its sausage and egg McMuff...


Mega Millions Jackpot Ticket Sold In South Carolina

The state sold around $15 million worth of tickets just for Tuesday night's drawing, with most of the revenue going to education, Cooper said. But Cooper desc...


Stocks Plunge, Erasing Gains for the Year

The government is expected to say Friday that the USA economy grew by 3.3 percent in the third quarter, after growing by 4.2 percent in the second quarter. Texa...


Man yells racist slurs at woman on plane

In a video clip that has gone viral online, a white man is seen berating an elderly black woman for taking a seat near him before take-off. David Lawrence , ...