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Category: Economy

  • More Airports Close Security Checkpoints Because of TSA Staff Shortages
    • in Economy
    • — January 15, 2019

    More Airports Close Security Checkpoints Because of TSA Staff Shortages

    Bush Airport tweeted that passengers will be routed to either Terminal C or E until further notice...

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    PG&E, utility tied to deadly California wildfires, will file for bankruptcy
    • in Economy
    • — January 15, 2019

    PG&E, utility tied to deadly California wildfires, will file for bankruptcy

    The bankruptcy filing will not make the lawsuits disappear, but it will result in all of the wildfir...

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    No word on progress after 2nd day of China-US trade talks
    • in Economy
    • — January 12, 2019

    No word on progress after 2nd day of China-US trade talks

    Asked if that meant the talks had been hard, Lu said: "I can only say that extending the consultatio...

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    Federal Reserve's Powell: Longer US government shutdown will hit economy
    • in Economy
    • — January 12, 2019

    Federal Reserve's Powell: Longer US government shutdown will hit economy

    In his remarks before the Economic Club of Washington , Powell described the economy as strong at t...

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    Rare 1943 bronze Lincoln penny sells for big money
    • in Economy
    • — January 12, 2019

    Rare 1943 bronze Lincoln penny sells for big money

    In 1943, the Treasury Department requested the U.S. Mint create Lincoln pennies on steel planchets...

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    2019 iPhones: Three new handsets, one with a triple-rear-camera setup
    • in Economy
    • — January 12, 2019

    2019 iPhones: Three new handsets, one with a triple-rear-camera setup

    This year, though, the company will continue betting big on iPhone with three new handsets. Accor...

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    Samsung braces for profit drop as China slowdown chips away at demand
    • in Economy
    • — January 11, 2019

    Samsung braces for profit drop as China slowdown chips away at demand

    Samsung Electronics on Tuesday warned of a almost 30 percent slide in operating profit for the ...

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    Apple Faces Potential Investor Lawsuit for Not Warning of Weak iPhone Demand
    • in Economy
    • — January 11, 2019

    Apple Faces Potential Investor Lawsuit for Not Warning of Weak iPhone Demand

    The new forecast from Apple expects revenue to be as low as $84 billion, blaming China but als...

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    US, China wrap up talks on tariff battle
    • in Economy
    • — January 10, 2019

    US, China wrap up talks on tariff battle

    The talks "enhanced mutual understanding, and established a foundation for solving, each other's con...

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    United States retail giant Sears considers takeover bid after liquidation threat
    • in Economy
    • — January 10, 2019

    United States retail giant Sears considers takeover bid after liquidation threat

    It is still possible that those wishing to shutdown the company will bid more for the assets than La...

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    Tesla Gigafactory 3 breaks ground in China, production by Summer 2019
    • in Economy
    • — January 9, 2019

    Tesla Gigafactory 3 breaks ground in China, production by Summer 2019

    The factory will produce more affordable versions of the Model 3 and its yet-to-be-unveiled Mo...

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    Crude Oil Prices Surge Higher
    • in Economy
    • — January 9, 2019

    Crude Oil Prices Surge Higher

    In fact, the continuous low price of oil is depicting a weaker economy of the world and the surging ...

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    As US-China Trade Talks Resume, Why Trump Could Have New Leverage
    • in Economy
    • — January 9, 2019

    As US-China Trade Talks Resume, Why Trump Could Have New Leverage

    USA stocks and European equities jumped as investors awaited developments on trade talks between the...

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    China protests US warship as trade talks start
    • in Economy
    • — January 8, 2019

    China protests US warship as trade talks start

    I really think they want to. Asked what he expected to come out of this week's talks in Beijing ,...

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    LA sues Weather Channel over app users' data
    • in Economy
    • — January 7, 2019

    LA sues Weather Channel over app users' data

    Civil penalties and an injunction are needed "to punish TWC [The Weather Company] for its egregious ...

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    Dow rallies 500 points after tech stock gains, strong jobs report
    • in Economy
    • — January 7, 2019

    Dow rallies 500 points after tech stock gains, strong jobs report

    Claiming that Apple mostly makes its products in China, Trump told reporters at a White House news...

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    IRS will not issue refunds during partial government shutdown
    • in Economy
    • — January 7, 2019

    IRS will not issue refunds during partial government shutdown

    According to the agency's contingency plan for lapsed appropriations, taxpayer refunds are one of...

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    USA issues new travel warning for China
    • in Economy
    • — January 5, 2019

    USA issues new travel warning for China

    In addition, the State Department said Americans find out about these exit bans only when they t...

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    RBI Reduces Printing Of Rs 2,000 Notes
    • in Economy
    • — January 5, 2019

    RBI Reduces Printing Of Rs 2,000 Notes

    The RBI , India's central bank and currency-issuing agency, did not respond to an email from ThePr...

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    Briefing: Apple cuts sales forecast following weakened China sales 1 min read
    • in Economy
    • — January 5, 2019

    Briefing: Apple cuts sales forecast following weakened China sales 1 min read

    Not for the $1,100 price tag, mind you, but rather the ungrateful carriers who weren't willing to to...

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    McDonald’s employee attacked over a straw
    • in Economy
    • — January 3, 2019

    McDonald’s employee attacked over a straw

    Fists flew and so did expletives. A Florida man spent New Years day in a jail cell after police ...

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    Ohio, New York See Minimum Wage Increases; Pennsylvania's Remains Unchanged
    • in Economy
    • — January 3, 2019

    Ohio, New York See Minimum Wage Increases; Pennsylvania's Remains Unchanged

    The minimum wage in New Jersey will increase to $8.85 an hour on Tuesday. South Dakota's current $...

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    Apple sees further weakness in iPhone sales
    • in Economy
    • — January 3, 2019

    Apple sees further weakness in iPhone sales

    In fessing up to the looming fiscal disappointment, the Apple boss blamed the shortfall not on the e...

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    Cathay Pacific to honour cheap business-class tickets sold in error
    • in Economy
    • — January 3, 2019

    Cathay Pacific to honour cheap business-class tickets sold in error

    It was not clear how many tickets had been sold and Cathay Pacific did not immediately respond to ...

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    Tesla shares go into reverse on missed deliveries and price cuts
    • in Economy
    • — January 2, 2019

    Tesla shares go into reverse on missed deliveries and price cuts

    The company said on Wednesday it had produced 61,394 Model 3s and delivered almost 1,000 vehicles p...

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    Netflix Said to Have Poached CFO From Activision Blizzard
    • in Economy
    • — January 2, 2019

    Netflix Said to Have Poached CFO From Activision Blizzard

    Nasdaq.com is reporting that Activision-Blizzard Chief Financial Officer Spencer Neumann has been...

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    Trump says `big progress being made' with China after Xi call
    • in Economy
    • — January 2, 2019

    Trump says `big progress being made' with China after Xi call

    Chinese President Xi Jinping delivered his annual New Year Address on Monday night to people in C...

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    $425 million jackpot awaits one lucky ticket buyer, NC lottery officials say
    • in Economy
    • — January 2, 2019

    $425 million jackpot awaits one lucky ticket buyer, NC lottery officials say

    I don't think many people would mind starting off the New Year as a multi-millionaire. But even kn...

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    Kentucky Police Officers post photos 'grieving' over loss of doughnut truck
    • in Economy
    • — January 2, 2019

    Kentucky Police Officers post photos 'grieving' over loss of doughnut truck

    According to the department, they are at a loss for words. Other law enforcement agencies jokingly...

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    Ohio minimum wage going up 25 cents
    • in Economy
    • — January 1, 2019

    Ohio minimum wage going up 25 cents

    Both supporters and opponents of higher minimum wages have pointed to the Seattle studies. Of cour...

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    Tesla has more than 3,000 Model 3 vehicles left in United States inventory
    • in Economy
    • — January 1, 2019

    Tesla has more than 3,000 Model 3 vehicles left in United States inventory

    While still having a little over 3,000 Model 3's is really not that bad, it may be that Tesla is s...

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    6 injured due to jet bridge 'equipment failure' at BWI
    • in Economy
    • — January 1, 2019

    6 injured due to jet bridge 'equipment failure' at BWI

    This is a breaking story and will be updated . According to reports, the incident occurred just a...

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    Florida minimum wage set for increase
    • in Economy
    • — December 30, 2018

    Florida minimum wage set for increase

    In 2019, 17 cities and counties will raise the minimum wage to at least $15 per hour. "We won't stop...

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    Foreign cyber attack hits the printing of big US newspapers
    • in Economy
    • — December 30, 2018

    Foreign cyber attack hits the printing of big US newspapers

    The print edition of the Chicago Tribune was published Saturday without paid death notices and cla...

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    Sears chairman makes $4.4B bid to save company
    • in Economy
    • — December 30, 2018

    Sears chairman makes $4.4B bid to save company

    Lampert's hedge fund, ESL Investments, had previously stated earlier this month it was willing to bu...

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    • in Economy
    • — December 29, 2018

    HMV stores and jobs at risk

    HMV said it sold 31% of all physical music in the United Kingdom and 23% of all DVD and Blu-ray and ...

    Read more
    Father books flights to spend time with flight attendant daughter
    • in Economy
    • — December 29, 2018

    Father books flights to spend time with flight attendant daughter

    To spend the two to fly today and tomorrow on their flights across the country around Christmas ...

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    Minnesota to get a chunk of $575M Wells Fargo settlement
    • in Economy
    • — December 29, 2018

    Minnesota to get a chunk of $575M Wells Fargo settlement

    The bank is accused of opening thousands of unauthorized accounts in New Mexico, enrolling customers...

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    Amazon sold a record amount of smart home devices this holiday season
    • in Economy
    • — December 29, 2018

    Amazon sold a record amount of smart home devices this holiday season

    Surprise! The last Prime Now order was delivered on Christmas Eve at 11:30 p.m., just in time for Sa...

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    Dow Jones soars more than 1,000 points in largest single-day increase
    • in Economy
    • — December 29, 2018

    Dow Jones soars more than 1,000 points in largest single-day increase

    CHINA PROFIT DECLINE: Profits at major Chinese industrial companies fell in November for the first ...

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    Sears faces liquidation if Lampert can't secure financing
    • in Economy
    • — December 29, 2018

    Sears faces liquidation if Lampert can't secure financing

    And Kmart on Pass Road in Gulfport closed years ago. A buyer would allow the stores to remain op...

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    Amazon, Flipkart face new regulations as government plans to ban online exclusives
    • in Economy
    • — December 28, 2018

    Amazon, Flipkart face new regulations as government plans to ban online exclusives

    Calling the new provisions a mixed bag of clarifications and additional restrictions for stakeholder...

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    NY sky turns bright blue after fire at power plant
    • in Economy
    • — December 28, 2018

    NY sky turns bright blue after fire at power plant

    The NYPD said it was investigating an explosion "at Astoria East & North Queens Con Ed power plant...

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    • in Economy
    • — December 28, 2018

    "Federal Reserve" is the only problem in U.S. economy, says Trump

    Asked by reporters whether he had confidence in Mr Mnuchin, Mr Trump answered "yes I do", calling th...

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    Wall Street gifts its worst Christmas Eve plunge in history
    • in Economy
    • — December 27, 2018

    Wall Street gifts its worst Christmas Eve plunge in history

    USA stocks posted their worst Christmas Eve session ever on Monday, as a ideal storm of concerns d...

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    Tesla to reimburse customers for tax credits on late shipments
    • in Economy
    • — December 27, 2018

    Tesla to reimburse customers for tax credits on late shipments

    In a recent note to investors obtained by CNBC , Wedbush Securities analyst Dan Ives has predicte...

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    Oil prices surge as USA equities soar
    • in Economy
    • — December 27, 2018

    Oil prices surge as USA equities soar

    Funds took big bets on oil's rally, only to see the commodity drop by more than 40 percent since the...

    Read more
    What Stores Are Open (and Closed) on Christmas Day 2018
    • in Economy
    • — December 26, 2018

    What Stores Are Open (and Closed) on Christmas Day 2018

    Here are Christmas Eve hours for some of the more popular retailers. "The surge in shoppers to sto...

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    Mega Millions Drawing On Christmas
    • in Economy
    • — December 26, 2018

    Mega Millions Drawing On Christmas

    The grand prize has grown to $321 million after a nine-week spell without a victor. If there's a g...

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    Oil prices resume drop, shed most of last session's gains
    • in Economy
    • — December 26, 2018

    Oil prices resume drop, shed most of last session's gains

    Crude joined a sell-off in wider financial markets after an interest rate increase by the Federal ...

    Read more

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    • Latest News

      • De Blasio Blasts 'Disrespectful' Amazon, Progressive Activists After Pullout2/19/2019
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      • Crude futures rise as global politics is expected to affect supply2/18/2019
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    Tuesday 19 February 2019

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