Money

Economy Surges in April, Adding 263,000 Jobs

The jobless rate for Hispanics, and that for a broad measure of the labor force including discouraged workers, both fell to their lowest levels on record. A b...


Chase Bank’s odd financial shaming gets torched on Twitter

The start of the week is often a good time to get inspired and motivated, but Chase Bank's attempt at #MondayMotivation has many of their customers motivat...


Tesla seeks up to $2.3 billion from share, debt issues

A visitor inspects a Tesla Model X electric vehicle at Brussels Motor Show, Belgium, January 18, 2019. Musk predicted another loss in the second quarter but...


Ocasio-Cortez takes swipe at Chase over 'thrifty' tweet

This tweet was posted to the official Chase Bank account on Monday afternoon. Chase charges a monthly $12 service fee for Total Checking Accounts for acc...


Google parent company Alphabet misses first quarter revenue estimate

MORE POWER: Industrial conglomerate General Electric climbed 4.3%, also in heavy trading, after beating Wall Street's profit and revenue forecasts for the secon...


Warren Buffett Backs Occidental In Bidding War With US$10 Billion Investment

But Chevron said on Tuesday it stood by its initial offer. The investment is contingent upon Occidental entering into and completing its proposed acquisition ...


Oil rises on Venezuela turmoil, Saudi support for Opec cuts

Harry Tchilinguirian , strategist at BNP Paribas, says there's a real risk of supply overtightening if OPEC and NOPEC allies led by Russian Federation fail to...


Trump calls for rate cut as Fed meeting starts

In the first two meetings of the year of the rate-setting Federal Open Markets Committee, policymakers made it clear they planned to hold off on any further mov...


Iran will continue oil exports despite U.S. pressure, president says

Imports from sanction-hit Venezuela dropped 5.56% to 17.32 MT last fiscal year, against 18.34 MT imported in the previous year. "The enemy wants to make us si...


Military Action in Venezuela is Possible 'If That's What's Required' - Pompeo

White House national security adviser John Bolton said "all options are on the table" when it comes to Venezuela but the United States seeks a "peaceful tran...


British carrier Vodafone found hidden backdoors in Huawei equipment, says report

For its part, Huawei has claimed in a statement that the historical vulnerabilities were addressed after the company was informed about it at the time. The US s...


US to ensure adequate oil supplies in global market: Pompeo

With global supply and demand pumping at about 100m barrels a day, a disruption in the world oil market could send gas prices across the United States skyrocket...


Venezuela: Guaido urges military to join May 1 protest

Locals of Doral Florida fathered in the neighorhood known as Little Venezuela after news broke that Guaido was calling for a military uprising this morning. The...


Chase Bank Deletes 'Motivational' Tweet About Saving Money After Backlash

The since-deleted tweet set up a hypothetical conversation between a bank account and its owner, who ponders the reasons for a low balance. Twitter followers ...


Jaguar Land Rover will pay you crypto to hand over driving data

According to the company, the main goal is to " achieve zero emissions, zero accidents, and zero congestion ". For example, the connected " Smart Wallet " ser...


Spotify has 2 million registered users in India

Paid subscribers now make up nearly half of Spotify's 217 million user base, with 117 million users use the free version of the service. Shares of Spotify wer...


Google bears brunt of harmful YouTube content as shares drop

Shares of Alphabet dropped 7.5 percent after hours, setting them up for the biggest one-day drop since falling 8 percent in October 2012. Quarterly costs ro...


Stephen Colbert: Joe Biden’s Charlottesville Ad Has Donald Trump On The Defensive

In the Emerson poll of 799 registered Texas voters, 50 percent said they'd vote for former Vice President Joe Biden , which 49 percent said they'd vote for Tru...


Why Amazon's huge investment in one-day shipping is money well-spent

What's more, since Amazon initially introduced Prime Two-Day shipping in 2005, Hartford cited how domestic margins for UPS fell from 15.7% in 2005 to 8.9% in ...


European travellers hit as SAS airline cancels more flights

The AFP news agency reports that pilots at Scandinavian carrier SAS walked off the job in Sweden, Denmark and Norway on Friday, stranding more than 72,000 tra...


Scandinavian airline pilots strike, travel plans of 170,000 passengers at risk

New statistics released Friday show that 34,000 will be affected when almost all SAS flights are grounded on Saturday. The airline says it will update affecte...


Russia won't immediately ramp up oil output after US cancels Iran waivers

US Secretary of State Mike Pompeo said on Monday that Saudi Arabia and the United Arab Emirates have agreed to "ensure an appropriate supply (of oil) for the ...


Tomra XRT technology at Karowe recovers 1758ct diamond

It said further analysis of the diamond is still ongoing. Since commissioning of the XRT circuit in 2015, a total of 12 diamonds in excess of 300 ct have been...


Ford on Carpet in US

Ford has hired outside experts to investigate its vehicle fuel economy and testing procedures after employees raised concerns. The modelling can significantly...


Exxon’s 1Q profit tumbles 49% partly on higher spending

Sanctions in Venezuela, production cuts in Canada and weak natural-gas prices in Asia took a toll on Exxon Mobil Corp., Chevron Corp. and other companies. recen...


U.S. stocks gain after stronger-than-expected economy report

At 2:43 p.m. EDT (1843 GMT), the Dow Jones Industrial Average was down 80.64 points, or 0.3%, at 26,516.41, the S&P 500 was up 4.82 points, or 0.16%, at 2,932...


Bitfinex Crypto Case Shows Smaller Investors Face Greater Risk

Cryptocurrency exchange Bitfinex has been accused by NY authorities of trying to mask an US$850 million loss using cash reserves from the Tether virtual cur...


NY attorney general to probe Facebook over unauthorised collection of email database

Since May 2016, the social-networking company Facebook confirmed it had collected the contact lists of 1.5 million users new to the social network, it revealed,...


Air India expects operations to get fully normal by tonight

Later the software was restored. "Between 3:30 to 4:30 am today, passenger services' system of Air India that is run by SITA was taken for maintenance". "Op...


Elon Musk reaches new agreement with SEC over his social media abuses

Musk said he hadn't violated the agreement . Musk and the SEC spent the next few weeks filing scathing responses, with Musk saying the SEC was attempting a...