Pound US dollar exchange rate softens, all eyes on the Federal Reserve

The Fed also agreed to lower the rate banks pay on excess reserves to increase liquidity in other short-term lending markets . "If the economy does turn down, then a more extensive sequence of rate cuts could be appropriate", Mr Powell said in a... More..

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Oil price drops for 2nd day as Saudi crude output recovers
by | Wednesday, September 18, 2019

Oil price drops for 2nd day as Saudi crude output recovers

DUBAI, Sept 17 (Reuters) - At a weapons exhibition in July in Yemen's Houthi-controlled capital Sanaa, military officials whipped silken sheets off what they said were newly-developed drones and missiles ....More..

Saudi Arabia partially restores output at damaged oil plant
by | Wednesday, September 18, 2019

Saudi Arabia partially restores output at damaged oil plant

At least one missile passed through airspace over Kuwait, a USA ally. "We think that evidence will be compelling", the official added. Oil prices tumbled about 6% on Tuesday after Saudi Arabia's energy mi...More..

General Motors auto workers call strike in US
by | Tuesday, September 17, 2019

General Motors auto workers call strike in US

Magna gets about 15 per cent of its revenue from GM, according to data compiled by Bloomberg, and is hoping that both sides will get back to the negotiating table. Late Saturday, it said while there had been ...More..

Chinese buyers asking about United States soy, pork before trade talks
by | Friday, September 13, 2019

Chinese buyers asking about United States soy, pork before trade talks

The U.S. -China talks have basically gone nowhere for four months. The International Monetary Fund on Thursday forecast that USA and Chinese tit-for-tat tariffs could reduce global GDP in 2020 by 0.8% and t...More..

Trudeau vows tax on foreign speculators if reelected Canadian PM
by | Friday, September 13, 2019

Trudeau vows tax on foreign speculators if reelected Canadian PM

Mr Scheer said of the upcoming election: "We are going to be outlining our vision for the country to put more money back in the pockets of Canadians and let them get ahead". Politicians are crisscrossing the co...More..

London Stock Exchange gets £32bn Hong Kong bid
by | Thursday, September 12, 2019

London Stock Exchange gets £32bn Hong Kong bid

HKEX's surprise overture comes at a time when Britain's political scene is in turmoil over the looming Brexit deadline, which has sparked volatility in the British pound. The UK Treasury described the LSE a...More..

It became known as the Twitter trump's impact on the market
by | Wednesday, September 11, 2019

It became known as the Twitter trump's impact on the market

Of about 4,000 original Trump tweets , not counting retweets, that were sent during market hours last year and this year, 146 moved the market, according to the model. Strategists at the lender produced the ...More..

China trade talks back on; October meeting now expected in Washington
by | Friday, September 06, 2019

China trade talks back on; October meeting now expected in Washington

He adjusted the estimate August 23 to "anywhere from 30 to 50 years". "Both sides face the choice" of whether to continue the lose-lose situation or to reach a deal with compromise from both sides, it said. Was...More..

Florida, USA: 600 Flights Canceled due to Hurricane Dorian
by | Thursday, September 05, 2019

Florida, USA: 600 Flights Canceled due to Hurricane Dorian

At least three airports are closing in Florida , where hurricane conditions are expected as early as Monday night. Visit Business Insider's homepage for more stories . While the waiver will remain effecti...More..

U.S. stocks gain as odds of Hong Kong crisis ebb
by | Thursday, September 05, 2019

U.S. stocks gain as odds of Hong Kong crisis ebb

While the government has withdrawn the bill, they have not met the remainder of the protestor's demands, which include the release of arrested protestors, the resignation of Lam, an independent inquiry into ...More..

Walmart to stop customers openly wearing firearms, cut some ammo sales
by | Wednesday, September 04, 2019

Walmart to stop customers openly wearing firearms, cut some ammo sales

Walmart is set to end sales of handguns in Alaska and will discontinue the sale of short-barrel rifle and handgun ammunition in stores nationwide, the super chain's president and CEO announced Tuesday afternoon...More..

Hurricane Dorian Slightly Changes Course, Strengthens To Category 4
by | Monday, September 02, 2019

Hurricane Dorian Slightly Changes Course, Strengthens To Category 4

Dorian was expected to hit the northwestern part of the Bahamas by Sunday with the potential for life-threatening storm surge that could raise water levels 15 feet (5 meters) above normal. Even with time to e...More..

Apple event: New iPhone, more to be unveiled in September
by | Sunday, September 01, 2019

Apple event: New iPhone, more to be unveiled in September

At its occasion in Cupertino, California , Apple might additionally showcase new software program from iOS 13 and its deliberate paid-for TV streaming app. We are also expecting Apple to add wireless cha...More..

Risk is On After Positive Trade Comments from China
by | Saturday, August 31, 2019

Risk is On After Positive Trade Comments from China

Chinese and USA trade delegations have maintained "effective" communications to create proper conditions for further negotiations, said a spokesman of China's Ministry of Commerce, calling for a "calm attitude"...More..

Donald Trump's border wall: how much has been built?
by | Saturday, August 31, 2019

Donald Trump's border wall: how much has been built?

Meanwhile, crews in Arizona and New Mexico forged ahead Friday with construction of taller border fencing funded through a national emergency declaration by President Donald Trump . Officials told him that s...More..

Tenn. man suing Popeyes for not having chicken sandwich
by | Saturday, August 31, 2019

Tenn. man suing Popeyes for not having chicken sandwich

Additionally, Barr said he was hustled out of $25 by a man who posted a Craigslist ad claiming he could get the sandwiches, suffered rim and tire damage while driving to various Popeyes locations, and was...More..

Costco opened its first store in China, and everyone came
by | Friday, August 30, 2019

Costco opened its first store in China, and everyone came

Images posted online showed shoppers clambering to get in, jostling with others to grab roasted chickens and meat, and waiting in huge lines at the checkout. So I morphed into the stereotype, a walking embodime...More..

KFC offering first meatless fried 'chicken'
by | Tuesday, August 27, 2019

KFC offering first meatless fried 'chicken'

Kentucky Fried Chicken is the latest fast-food giant to explore serving meatless meat, saying Monday that it will test Beyond Meat's chicken substitute this week in one of the chain's Atlanta restaurants. K...More..

China Blinks as Asian Markets Tank, Seeks 'Calm' End to Trade War
by | Tuesday, August 27, 2019

China Blinks as Asian Markets Tank, Seeks 'Calm' End to Trade War

White House spokeswoman Stephanie Grisham said: "His answer has been greatly misinterpreted". He at first seemed to express regret Sunday over escalating the trade dispute, but the White House later said his ...More..

Seth Moulton Now Running for Congress, Not President
by | Monday, August 26, 2019

Seth Moulton Now Running for Congress, Not President

But if another candidate qualifies by the August 28 deadline, the debate will again be spread over two nights. Leaked DNC emails later revealed that the committee had shown bias against Sanders to favor Hillary...More..

Trump dings media for taking ‘I am the chosen one’ remark seriously
by | Sunday, August 25, 2019

Trump dings media for taking ‘I am the chosen one’ remark seriously

NRA officials, Republican lawmakers and conservative allies together strategized ways to change the President's mind over strengthening background checks . House of Representatives in February but hasn't been...More..

Trump escalates attack on Fed chief as economic worries linger
by | Saturday, August 24, 2019

Trump escalates attack on Fed chief as economic worries linger

Gold extended gains after Federal Reserve Chairman Jerome Powell said the USA economy faces "significant risks" from slowing global growth, bolstering expectations that the central bank will cut US interest r...More..

Qantas to test 'ultra long-haul' Sydney to NY, London flights
by | Saturday, August 24, 2019

Qantas to test 'ultra long-haul' Sydney to NY, London flights

Qantas pilots will collect the Boeing 787-9s from Boeing's factory in Seattle, where they will be flown to their starting points of NY for two of the flights and London for one flight. The test flights will no...More..

More details on the new iPad Pro tablets revealed
by | Saturday, August 24, 2019

More details on the new iPad Pro tablets revealed

The Mate 30 Pro is widely expected to feature a quad-lens camera system on the back, which will include two 40-megapixel lenses, and 8-megapixel 5x zoom camera, and a Time-of-Flight (ToF) sensor for measuring d...More..