Money

China vows immediate retaliation if USA proceeds with new tariffs

The White House is also dropping 25 types of products from the tariff list altogether "based on health, safety, national security and other factors", such as au...


WeWork Files IPO Prospectus, To List Under Symbol 'WE'

The company's revenue in the first six months of the year almost doubled from last year's first half, to $1.5 billion. "It would now move only after the IPO is ...


Alibaba Q2 Revenue Jumps 42%, Beating Estimates But Slower Than Year Earlier

Alibaba posted net income of RMB21.25 billion ($3.10 billion), compared with net income of RMB8.69 billion ($1.27 billion) in the same period a year ago. The...


Gov't Creates 611,397 New Jobs

That was up from 8 percent in June. Kings County's unemployment rate for July was 7.8%, down from 7.9% in June and up from 7.6% a year ago. Kern County's un...


Wall Street takes a beating as fears of recession increase

At the close, the Dow Jones Industrial Average was up 1.20% at 25,886.01, while the S&P 500 closed 1.44% at 2,888.68 and the Nasdaq Composite ended the sess...


Oil prices fall on weak global economic data

A trade war between to the world's two largest economies has roiled global markets and fueled worries about a slowdown in oil demand growth. Brent crude was d...


Argentina announces relief plan but peso still flailing

Macri said his economic advisers were working on possible measures during a Monday news conference in which he refused to throw in the towel. The peso closed ...


Teachers launch rally to back HK youth protesters

Following the escalation in violence during the past few days, the demonstrations this weekend will provide a litmus test as to whether the protest movement can...


Will delay tariffs on Chinese cellphones, laptops, video games

After two days of declines, global stock markets surged higher, especially electronics manufacturers like Apple, amid relief over the view there might be an agr...


Madooff whistleblower claims GE committed accounting fraud

Markopolos is working with a third party he didn't identify and stands to benefit from bets that GE's stock will decline. Markopolos' 175-page report, released...


Auto sales fall 19% in July, worst in 19 years

The drop in sales is the worst since December 2000, when the industry sold a fifth of the vehicles it sells now. Main reasons being cited for the dip in vehicle...


Tensions Flare As Hundreds Gather At Australian Rallies For Hong Kong

Cathay Pacific needs new management to "reset confidence" because its commitment to safety and security had been "called into question", company Chairman John S...


Consumers supporting U.S. economy amid manufacturing slump

Every country all over the world is cutting. News that Germany's GDP contracted in the second quarter, and that China's industrial growth in July hit a 17-yea...


FDA proposes gruesome cigarette packs to freak out smokers

Warning labels on cigarette packages could soon be more graphic, warning that "Smoking reduces blood flow to the limbs, which can require amputation", and "Smo...


Bond Market Reflects Recession Worries

On Tuesday, the Trump administration delayed new tariffs on certain Chinese goods that were set to take effect on September 1 until December 15. Economists ha...


MDC calls off Harare protest march.Zimbabwe police ban demo

The protests would have been the first since January, when rallies against increases in the price of fuel ended in deadly clashes with troops, in which 12 peopl...


US Politicians Rally Behind Hong Kong Protesters, Warn Beijing Against Crackdown

On Wednesday evening, police with riot shields fired tear gas at demonstrators who had been shining laser pointers at a police station in the Sham Shui Po nei...


‘Crazy inverted yield curve’: Trump launches blistering attack on Fed chief Powell

Earlier on Wednesday, White House trade adviser Peter Navarro told Fox Business Network the USA central bank should cut rates by half a percentage point " as so...


Trump wants USA to buy Greenland

Mr Trump is not the only U.S. president to have had a reported interest in buying Greenland. Amid reports that President Donald Trump has directed aides ...


FAA bans recalled MacBook Pros from ALL flights over battery concerns

The MacBook Pros banned on flights include 15-inch models sold between September 2015 and February 2017. Some MacBook Pro 15-inch models have been identifi...


US Stocks Plunge 3% on Recession Fears

The U.S. stock market plunged to its worst day of the year on Wednesday, responding to multiple signals that increase the likelihood of a global recession . A ...


China to counter latest tariffs as Trump vows deal on USA terms

Petersburg, Florida. Sure, China is suffering due to Trump's tough policy, and will suffer even more if his policies get tougher. Earlier, US President D...


North Korea fires projectiles, shuns inter-Korean dialogue pledge as 'senseless'

It was the sixth round of launches since last month, with North Korean leader Kim Jong Un labelling them a "solemn warning" over US-South Korean joint military ...


Facebook paid hundreds of contractors to transcribe users' audio

Some said the uncertainty and apparent duplicity - Facebook doesn't tell users third parties may review their audio - troubled them. The reason behind real pe...


Allegiant adds eight flights from SRQ

Allegiant announced Tuesday service from Cincinnati / Northern Kentucky International Airport (CVG) to West Palm Beach, Fla. beginning November 25. Flight days,...


Airline ends trans-Atlantic routes due to 737 Max grounding

Norwegian Air will no longer operate transatlantic routes between Ireland and North America, after the airline announced that these routes are not commercial...


Porsche Cayenne Turbo S E-Hybrid revealed

Not only the development of the new model on its own electric platform was expensive, but also the conversion of the plant in Zuffenhausen. An assortment of o...


Olive Garden Lifetime Pasta Pass: How To Get The Coveted Pass

Of course, there's no guarantee Olive Garden will still be around in 60 years (or that you'll be around for that matter), and even the most dedicated pasta fan...


Mukesh Ambani seconds irked shareholder's view — RIL AGM

Jio has not detailed much about this service. You will have to enrol for Jio's annual packages in order to avail this offer. Existing Jio GigaFiber and new ...


Nike is now peddling a shoe subscription service

You would think that by now there would be a popular subscription service that provides shoes for the youth but, leave it up to Nike to create the first-ever ...