Economy

Gold prices today near record highs, silver surges ₹3,000 in 2 days

Gold prices today near record highs, silver surges ₹3,000 in 2 days

USA gold futures rose 0.5% to $1,996.30. Silver futures on MCX today rose ₹700 or 1.1% to ₹65,690 per kg. In India, gold prices have surged 35% this year, hitting new highs. Silver eased 0.1 per cent ...

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Trudeau says feds will create EI like benefit for gig, contract workers

Trudeau says feds will create EI like benefit for gig, contract workers

Trudeau also announced plans to transition CERB users to EI. "We know there are even more people still to reach", he said. "Here's the bottom line: we intend to cover every Canadian looking for w...

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Twitter will allow some employees to work from home permanently

The orders to work from home were first doled out back in the first half of March, and were backed up by the provision of reimbursements for home office setup costs, as well as additional daycare cost...

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Jaguars place Gardner Minshew, four others, on reserve/COVID-19 list

Jaguars place Gardner Minshew, four others, on reserve/COVID-19 list

Jacksonville quarterback Minshew has been named as the franchise's starter for the 2020 season, his second in the National Football League after being selected in the sixth round by Jacksonville. Even...

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LSE may sell Italian arm in £21bn takeover of Refinitiv

LSE may sell Italian arm in £21bn takeover of Refinitiv

It also announced that progress was being made in securing the necessary approval of national regulators for its proposed acquisition of market data group Refinitiv. A year ago, the London Stock Ex...

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Australia to make Google, Facebook pay for news content

Australia to make Google, Facebook pay for news content

Under the rules, which need to be passed by Australia's Parliament, media companies can proceed to mediation and then to binding arbitration if no deal on payment is reached. Australian Treasurer Josh...

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Workers on United Kingdom payrolls tumble and benefit claims soar during lockdown

Workers on United Kingdom payrolls tumble and benefit claims soar during lockdown

The unemployment rate was largely unchanged due to the massive number of workers in the United Kingdom that are now furloughed, meaning that the government pays the bulk of their wages and they are no...

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Sysco Foods Recall of Red Onions - Sold in Northwestern Ontario

Sysco Foods Recall of Red Onions - Sold in Northwestern Ontario

A multistate outbreak of salmonella poisoning that has sickened 400 people has been traced back to red onions. Within a day of the announcement that red onions were the culprit, Sysco issued a recal...

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United States stocks gain amid solid tech earnings

United States stocks gain amid solid tech earnings

The NASDAQ on Friday jumped more than 1 percent, powered by strong earnings from some of the largest United States companies, but the Dow Jones Industrial Average and S&P 500 finished with smaller...

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Record plunge for eurozone economy

Record plunge for eurozone economy

Before coronavirus lockdowns swept the nation in March, the worst reading on U.S. gross domestic product (GDP) - which measures the value of all the goods and services produced in the economy - ...

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Qld Covid outbreak: Three women charged with fraud, providing false documents

Qld Covid outbreak: Three women charged with fraud, providing false documents

Her spouse is thought to have actually captured the infection from loved ones who checked out the Madtongsan IV Korean dining establishment at Sunnybank on July 23, when among the ladies existed. "I k...

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Congressional Democrats, White House set for Saturday talks on coronavirus bill

Congressional Democrats, White House set for Saturday talks on coronavirus bill

Also at issue in the negotiations is an nearly $1 trillion Democratic demand for funding for state and local governments, a second $1,200 direct payment to most American adults, more than $100 billion...

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Mercedes reveals outline sketch of all-new T-Class; 2022 launch likely

Mercedes reveals outline sketch of all-new T-Class; 2022 launch likely

The German firm's flagship model has led the way for technology and safety for some time - in fact it's often referred to as the "best auto in the world" - and now Mercedes is readying its seventh-gen...

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James Murdoch resigns from News Corp board over ‘disagreements’ about news coverage

James Murdoch resigns from News Corp board over ‘disagreements’ about news coverage

James Murdoch had already left his family's other company, 21st Century Fox , partly due to his disgust with Fox News, which falls under it. We wish him the very best in his future endeavors. Younge...

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Here are the internal documents that Congress used to grill Big Tech

Here are the internal documents that Congress used to grill Big Tech

The California tech giant saw a modest increase in iPhone sales, with more significant rise for accessories and services such as its apps and digital content. Williamson said she believes Instagram ...

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Oil Prices Slip as Coronavirus Case Surge Dents Fuel Demand Hopes

Oil Prices Slip as Coronavirus Case Surge Dents Fuel Demand Hopes

Both benchmark contracts rose on Wednesday after the U.S. Energy Information Administration (EIA) reported the largest one-week fall in crude stocks since December. Deaths from COVID-19 topped 150 0...

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Apple iPhone shipments grew 13.1% in Q2 despite pandemic, report says [u]

Apple iPhone shipments grew 13.1% in Q2 despite pandemic, report says [u]

Services, which includes the App Store, Apple Music and iCloud subscriptions, generated sales of US$13.2 billion, up from US$11.5 billion a year ago and roughly in line with Wall Street expectations. ...

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Kodak Soars By 400% After Trump Bump

Kodak Soars By 400% After Trump Bump

Photography pioneer Eastman Kodak will receive a $765 million loan from the US government to manufacture basic ingredients used in pharmaceuticals. The goal is to ramp up production of pharmaceuti...

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Singapore Airlines shares plunge after posting record loss

Singapore Airlines shares plunge after posting record loss

The Group is comprised of the following three airlines: Singapore Airlines (SIA), low-priced carrier Scoot , and Silkair. SIA noted that global air travel is not recovering as quickly as expected...

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Time jobless claims drop again

Time jobless claims drop again

On the complete opposite side of the spectrum, Rhode Island has seen weekly initial jobless claims fall roughly 81% over the same period. The move to a new state has complicated her so far futile effo...

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What Arizonans Need to Know About Voting Early in the Primary Election

What Arizonans Need to Know About Voting Early in the Primary Election

President Trump's tweet came about 15 minutes after news of the worst-ever-recorded quarterly performance of the American economy. Voters who want to cast their absentee ballots by mail must compl...

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Investor gold rush in the west offsets collapse of Asian market - WGC

Investor gold rush in the west offsets collapse of Asian market - WGC

Investors have increased their holdings in gold, which is widely considered a safe haven in times of market volatility, amid a slide in USA dollar and fears of a second wave of Covid-19. In contrast, ...

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McConnell Opens Door to Smaller Pandemic Relief Deal: ‘Hope Springs Eternal’

McConnell Opens Door to Smaller Pandemic Relief Deal: ‘Hope Springs Eternal’

Pelosi called it "liability on steroids" - a sweeping ban on injury lawsuits - and she said McConnell "sounded like a person who had no interest in having an agreement". Initial talks have been rocky ...

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Ryanair reports €185 million first quarter loss

Ryanair reports €185 million first quarter loss

London stocks were set for a muted open on Monday amid renewed concerns about the coronavirus pandemic as Ryanair warned over the impact of a second wave and after the United Kingdom put Spain back ...

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Air travel not expected to recover until 2024

Air travel not expected to recover until 2024

The International Air Transport Association had previously asserted that international air travel would likely not return to pre-COVID levels until 2023. Consumer confidence is depressed... And in man...

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Goldman hikes gold bullion target to $2,300, silver to $30

Goldman hikes gold bullion target to $2,300, silver to $30

The September contract of silver jumped by over Rs 3,500. Precious metals such as gold are often considered safe-haven assets, and any sign of uncertainty boosts their appeal as investors rush away ...

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U.S. Republicans unveil coronavirus plan, slash emergency unemployment benefit

U.S. Republicans unveil coronavirus plan, slash emergency unemployment benefit

McConnell, R-Ky., said he wanted to hit "pause" on new spending after Congress approved a sweeping $2.2 trillion relief package in March. McConnell acknowledged this "embarrassing setback for the ...

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Intel kicks off corporate musical chairs in wake of 7nm shortcomings

Intel kicks off corporate musical chairs in wake of 7nm shortcomings

In the only real bright spot in its announcements , Intel has revealed that its 10nm node is finally gaining momentum and that its Tiger Lake CPUs are still on track for launch later this year while ...

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Sen. Mitch McConnell Announces New HEALS Act with $1,200 Stimulus Checks

Sen. Mitch McConnell Announces New HEALS Act with $1,200 Stimulus Checks

Lawmakers are set to leave for an August break in two weeks and will be facing a timetable compressed by the looming November election when they return in September. The President described a brand ...

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Prosecutors: Man Spent COVID-19 Relief Funds on Lamborghini

Prosecutors: Man Spent COVID-19 Relief Funds on Lamborghini

A Florida man allegedly scammed the federal program to help small businesses during the coronavirus crisis and then blew the funds on dating websites, luxury jewelry and a Lamborghini, according to co...

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Pelosi blasts Republican ‘disarray’ as Congress struggles to pass new aid package

Pelosi blasts Republican ‘disarray’ as Congress struggles to pass new aid package

Republicans want to slash it to $200 a week, saying that the federal bump is too generous on top of state benefits and is discouraging employees from returning to work. Economists widely see signs of...

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ACCC takes Google to court saying it misled consumers for targeted advertising

ACCC takes Google to court saying it misled consumers for targeted advertising

Google users were prompted to click a pop-up notification to agree to the changes, but the ACCC said there was not enough information provided for consumers to give informed consent. "We feel that...

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U.S. shutters Chengdu consulate as tensions with China escalate

U.S. shutters Chengdu consulate as tensions with China escalate

The US flag was lowered from the US consulate building in Chengdu, China, as it prepared to close on July 27. The rapid closure of the consulate reportedly drew spectators from hours away and by Sunda...

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Google tells employees to work from home until July 2021 amid pandemic

Google tells employees to work from home until July 2021 amid pandemic

When the coronavirus first hit the USA this year, tech companies were among the first employers to move to remote work and to cancel big events. I hope this will offer the flexibility you need to ba...

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Target becomes latest store to close on Thanksgiving Day

Target becomes latest store to close on Thanksgiving Day

Target hasn't released details of when it will open this Black Friday. "The investments we've made in our business and our incredible team have enabled us to move with flexibility and speed to meet ...

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