Economy

Entry-level Audi E-Tron revealed as 'more accessible' electric SUV

Entry-level Audi E-Tron revealed as 'more accessible' electric SUV

Like Audi, fellow German automaker Volkswagen is employing a multiple battery pack strategy for its electric models; the forthcoming ID 3 hatchback will come with a choice of three different packs, A...

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Amazon will disconnect Dash Buttons on August 31st

Amazon will disconnect Dash Buttons on August 31st

The idea behind the buttons was that consumers could place them in places where the related product was relevant - a detergent button in the laundry room, for example - to reorder the item without usi...

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Oscar Mayer releasing hot dog-infused ice cream sandwich

Oscar Mayer releasing hot dog-infused ice cream sandwich

Now, Oscar Meyer is responding with their own sweet-and-savory treat, the Ice Dog Sandwich . The ice cream is a collaboration between the iconic yellow mustard brand and Coolhaus Ice Cream to mark Na...

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Diminished surplus: Canada posts second consecutive trade surplus in June

Diminished surplus: Canada posts second consecutive trade surplus in June

The figure of Can$136 million ($103 million) was well short of analysts' expectations of a surplus in the ballpark of Can$300 million. Imports were down 4.3 per cent to $50.2 billion, the lowest lev...

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Bank of England's Carney warns of instant no-deal shock

Bank of England's Carney warns of instant no-deal shock

The dollar rose on currency markets after the USA central bank, the Federal Reserve, cut interest rates on Wednesday but indicated there were fewer cuts to come than expected. Mark Carney stepped up...

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164,000 jobs added in July; 3.7% unemployment

164,000 jobs added in July; 3.7% unemployment

Fed Chairman Jerome Powell told reporters during a news conference that the preemptive monetary policy easing was "not the beginning of a long series of rate cuts ". That's up 3.2% from a year ago, a...

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Oil Rises On Inventory Data

Oil Rises On Inventory Data

US crude stockpiles were forecast to have dropped by 1.8 million barrels last week, according to analysts in a Reuters poll. Gasoline production increased last week, averaging 10.4 million barrels...

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Private Sector Employment Rose by 156K in July

Private Sector Employment Rose by 156K in July

Among the top two sectors, ADP said, those in the service-producing industry added 146,000 jobs, while the goods-producing industry added 9,000 positions. Small business employment edged up during J...

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Fed dissenters say economy didn't need rate cuts

Fed dissenters say economy didn't need rate cuts

Wall Street wasn't thrilled, however, when Fed Chairman Jerome Powell said the rate cut doesn't mean the FOMC will follow up with an aggressive rate-reducing regime. "While we have not changed our bas...

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Apple and Google temporarily stop listening to Siri and OK Google queries

Apple and Google temporarily stop listening to Siri and OK Google queries

Well, this startled a lot of people and so to shake it all off, Apple has now reportedly shut Siri's quality control process worldwide. Apple calls the human reviews of Siri recordings "grading". Co...

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Trump to announce beef trade deal with Brussels — Beyond EU meat

Trump to announce beef trade deal with Brussels — Beyond EU meat

The European Commission has stressed that any beef deal will not increase overall beef imports and that all the beef coming in would be hormone-free, in line with EU food safety rules. "It is about ma...

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Sensex gains 84 points ahead of US Fed rate decision

Sensex gains 84 points ahead of US Fed rate decision

Weak economic data, unabated foreign fund outflows and disappointing quarterly earnings also weighed on market sentiment, traders said. On the global front, the U.S. "The Fed Chairman's statement th...

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Pentagon is reviewing the ‘war cloud’ contract Amazon wants

Pentagon is reviewing the ‘war cloud’ contract Amazon wants

Politico reported on Thursday afternoon that newly confirmed Defense Secretary Mark Esper is reviewing the allegations, which will postpone the timeline of the competition. Oracle and IBM were el...

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TV gains as Apple racks up record services revs in Q3

TV gains as Apple racks up record services revs in Q3

Apple shares rose about 4.5% in after-hours trading, at $218.13, the highest share price since November. "Long-term, 5G has opportunities even beyond the iPhone as we connect devices that haven't ev...

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Janus Henderson Group (NYSE:JHG) Given New $23.55 Price Target at Citigroup

Joseph Piotroski developed the F-Score which employs nine different variables based on the company financial statement. Investors might be looking high and low for quality stocks that have fallen ou...

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Amazon chief Bezos cashes in $1.8 billion of share pile

Amazon chief Bezos cashes in $1.8 billion of share pile

Ex-wife of Amazon CEO says she will give half of her $35 billion dollar fortune to charity, Boeing continues working on a fix for the 737s flight control flaw. The shares were worth about $1.8 billi...

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PH manufacturing sector improves in July

PH manufacturing sector improves in July

The PMI is a composite index which represents the weighted average of new orders, output, employment, suppliers' delivery time and stocks. He said the global PMI surveys have indicated the slowe...

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US to levy new 10% tariff on $300B of Chinese goods

US to levy new 10% tariff on $300B of Chinese goods

Asked about the impact on financial markets, he later told reporters: "I'm not concerned about that at all". But tariffs uncertainty adds a "fear factor" in the economy that can't be solved excl...

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Air France: Northern Ireland to benefit from Airbus A220s purchase

Air France: Northern Ireland to benefit from Airbus A220s purchase

These decisions reflect the Group's focus on simplification. Moreover, the ten A380 should get off the long-haul fleet by 2022. Benjamin Smith, Chief Executive of the Air France-KLM Group, said th...

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Alleged Capital 1 hacker barely bothered to hide

Alleged Capital 1 hacker barely bothered to hide

She is believed to have downloaded the information this year by getting behind a misconfigured Capital One firewall meant to protect folders of data that Amazon Web Services was hosting for the ba...

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Apple hails 'all-time high' for its services revenue

Apple hails 'all-time high' for its services revenue

Rumours about Apple Pencil support for iPhones go back several years when CEO Tim Cook in an interview in 2016 had said, "If you've ever seen what can be created with that pencil on an iPad or an iPho...

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Burger King’s Impossible Whopper Expanding Nationwide After Successful Test Run

Burger King’s Impossible Whopper Expanding Nationwide After Successful Test Run

Starting August 8, it will be possible to get an Impossible Whopper at over 7,000 Burger King locations across the U.S., the chain announced Thursday . The company just signed a deal with OSI Gro...

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Sobeys aims to scrap plastic bags from all stores in 2020

This is a significant first step, but it's only a first step. Plastic bags provided by stores to hold meat, seafood, loose produce or unwrapped food items, as well as newspaper bags and dry cleaning...

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Trump threatens 10% tariffs on China; stocks plummet on news

Trump threatens 10% tariffs on China; stocks plummet on news

The move comes days after U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steve Mnuchin traveled to Shanghai for a brief meeting about trade with Chinese officials. USA interest r...

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Flight Attendant In Overhead Compartment Shocks Passengers

Flight Attendant In Overhead Compartment Shocks Passengers

Lloyd also shared a still of the flight attendant looking down at the passengers from her 'hiding place'. @ SouthwestAir please get it together'. In the viral footage, a woman dressed in the airlin...

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Former Audi CEO Stadler charged over Dieselgate scandal

Former Audi CEO Stadler charged over Dieselgate scandal

People familiar with the proceedings told Reuters that Stadler has denied wrongdoing. The US Department of Justice issued an arrest warrant for former VW CEO Martin Winterkorn in May 2018, but it ...

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Dollar at two-year high after Fed cuts rates as expected

Dollar at two-year high after Fed cuts rates as expected

The fresh trade tensions come before a U.S. Federal Reserve meeting that's expected to see interest rates reduced by 25 basis points, its first rate cut in more than a decade. On Wall Street, expectat...

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Oil prices rise for fifth day after USA stocks decline

Oil prices rise for fifth day after USA stocks decline

In Shanghai, U.S. -China trade talks are taking place in an effort to end a year-long trade war. Brent posted a monthly decline of 2.1%. The West Texas Intermediate for September delivery gained 0.5...

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FTC on Equifax settlement: Take credit monitoring over cash

FTC on Equifax settlement: Take credit monitoring over cash

The rush to get in on the cash option comes as the settlement spread like wildfire on the internet - including by politicians like Rep. Alexandria Ocasio-Cortez - who may have inadvertently pushed ...

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Samsung stock tumbles after profit drops 56% in second quarter

Samsung stock tumbles after profit drops 56% in second quarter

Samsung said it expects troubles in the memory business to continue for the rest of 2019 as the global economy comes under pressure. Other factors affected Samsung's bottom line, including weak sale...

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Sobeys to eliminate plastic bags from its stores within 6 months

Sobeys to eliminate plastic bags from its stores within 6 months

That means 225-million plastic grocery bags will be taken out of circulation across Canada each year. "We're taking action now, making a tangible difference today and into the future", he said. "It'...

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President Trump threatens to get 'Much Tougher' on China

President Trump threatens to get 'Much Tougher' on China

Mr. Trump has raised tariffs on $250 billion worth of Chinese imports while Beijing responded by taxing $110 billion of US products. Despite the lack of progress, . "I spoke with Speaker Pelosi abou...

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US to set up plan allowing prescription meds from Canada

US to set up plan allowing prescription meds from Canada

The Trump administration - under mounting pressure to lower prescription drug prices ahead of next year's elections - announced plans Wednesday to consider allowing states to import lower-priced med...

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The Federal Reserve cut rates for the first time since 2008

The Federal Reserve cut rates for the first time since 2008

The last time the Fed cut rates was in 2008 when unemployment was over 7 percent, the stock market had lost a third of its value, and Lehman Brothers had declared bankruptcy. We know that for the cen...

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Britain is turbo-charging no-deal Brexit preparations

Britain is turbo-charging no-deal Brexit preparations

Speaking on the matter, Mr Gove stated that the government is in the process of "working on the assumption" that there will be a no-deal Brexit. The report said that Britain could improve its read...

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