Money

Stocks close lower amid Turkish currency crisis

Turkish President Recep Tayyip Erdogan gas called for a boycott of iPhones other United States electronic goods in a fiery speech . Showing no signs of ...


Security alert at Seattle's SeaTac airport after plane took off without permission

An air traffic controller could be heard saying: "Right now, he's just flying around, and just he needs some help controlling his aircraft". A number of viewe...


Erdogan warns US risks losing Turkey as strategic partner

Turkish Lira to 2018 lost about 40%. Erdogan, speaking to political supporters in the Black Sea resort of Trabzon, said, "The aim of the operation is to ...


Markets Now: Dow Drops 105 Points as Turkey Finally Matters

The Russell 2000 is up 17.52 points , or 1 per cent. S&P 500 futures have fallen 0.5%, while Dow Jones Industrial Average futures have declined 105 point...


Iran Scrambles to Ready Economy for US Sanctions

A mechanism has also been opened to allow European Union businesses affected by the sanctions to sue the U.S. administration in the national courts of member ...


McDonald's launches its own global currency

McDonald's is giving away free Big Macs as the company celebrates the 50th anniversary of its signature burger. According to the Chicago-based fast-food chai...


U.S. grows at fastest pace since 2014 gains

He said if the economy continues to grow at this rate, it could double in size 10 years faster than it would have under Presidents Barack Obama and George W. ...


Trump calls for quick NAFTA deal in letter to Mexico president-elect

Negotiations to reshape the 1994 trade accord were launched last August at the behest of U.S. President Donald Trump , who blames NAFTA for the U.S. trade defi...


Republicans Say Trump's Farmers Bailout Will Not Work

Trump indicated both sides agreed to halt for now tariffs that threatened to devolve into a trade war as negotiations proceed, and said the European Union ...


Donald Trump downbeat ahead of trade talks with EU

The plan will take effect around Labor Day, with the $12 billion total "calculated to match the estimated $11 billion of economic damage that retaliatory tariff...


China says threats, intimidation on trade will never work

While it does let market forces play a role, China keeps the yuan within a narrow trading band that its adjusts daily and is widely known to intervene, which ...


Tesla hits 200,000 cars, meaning a lower tax credit for EV buyers

Musk was in China to discuss the plan to build Tesla's second factory with an annual capacity to build 5 lakh cars. Sales reports show that the company pull...


Trump’s order for OPEC to reduce prices is insulting - Iranian oil minister

EDT (1600 GMT), still in sight of Tuesday's 3-1/2-year high above $75. The American Petroleum Institute, an industry body, was said to report that stockpiles ...


Iran's President Rouhani is visiting Austria and Switzerland

It's a high-stakes test of American leadership, the first of its kind for the Trump Administration's Iran strategy. "Rouhani will need to press the Europeans fo...


Germany’s Angela Merkel faces off with allies over migration

Among the proposals is a plan to send back to Austria asylum seekers arriving in Germany who can not be returned to their countries of entry into the Europe...


Mount Agung: Jetstar and Indonesia AirAsia to resume flights

More than 20 flights across Jetstar, Qantas, Virgin and Air Asia were disrupted between Thursday night and this morning due to the ash cloud moving toward Denpa...


President warns Harley-Davidson: 'We won't forget'

President Donald Trump is denying that his trade policy is responsible for Harley-Davidson's decision to some motorcycle production overseas. European Union ...


Trump Attacks, Threatens Harley-Davidson for Moving Production to Europe

Mary Lovely, a senior fellow at the Peterson Institute for International Economics, and Yang Liang, a graduate associate at the Moynihan Institute of Global Aff...


Turkey What's next for Turkey following Erdogan's election win?

Turkish President Recep Tayyip Erdogan has won a new five-year term and will enjoy sweeping new powers after his victory in an election that global monitors sa...


OPEC strives for new deal as Iran still wary of output hike

At the end of a day of diplomatic back-and-forth in Vienna on Wednesday, delegates were increasingly positive that a deal would be reached at Friday's meeting...


OPEC reaches deal to raise oil output

But the joint communique did not spell out how the additional barrels would be divvied up, a key issue given Iran's insistence that cartel members should not ...


Google to invest $550 million in China e-commerce giant JD.com

The company said Monday it will invest $550 million in JD.com, a leading Chinese e-commerce company also known as Jing Dong, to provide consumers easier optio...


Audi chief arrested over emissions

According to a report by BBC , Munich prosecutors said that Audi's chief executive is being held "because of a risk that Stadler might seek to suppress evi...


AT&T approval boosts stocks of possible merger targets

The merger's approval was a stinging defeat for the Justice Department, which could move to appeal Leon's ruling . Announced in October 2016 , the deal wa...


Cryptocurrencies tumble after South Korea hack

However, by April 2018, the data show the amount held by investors - about 6m bitcoin - was much closer to the amount held by short-term speculators, with 5.1...


Trump Throws Allies Curveball, Proposes G7 'Zero Tariff' Trade Zone

On Saturday, Trump repeated his desire to have a sunset clause in an updated NAFTA deal, a demand that Canadian Prime Minister Justin Trudeau has rejected. 'I...


ZTE settles US Commerce Department sanctions case, to pay US$1 billion

President Donald Trump surprisingly announced his intention to help the beleaguered Chinese company which we covered here last month . ZTE relies on USA part...


Elon Musk fends off challenge to Tesla control

A damaging split at this stage between board and management would risk everything and it's clear that Tesla has a hit on its hands with the Model 3 (about h...


Starbucks chief Schultz retiring, may run for president

He gave an extended interview to the New York Times in advance, with an interview on CNBC scheduled for Tuesday morning. "For some time now, I have been dee...


Sears Hometown Store closing in Lompoc

Sears posted a quarterly loss of $424 million and said store closings already underway contributed to a drop of more than 30 percent in revenue. The retai...


Instapaper on pause in Europe to fix GDPR compliance "issue"

Under the right circumstances, you can even request to have your account deleted. 'You will also have more opportunities to make a claim for damage caused by ...


Senate votes to reinstate net neutrality

Pai says the Democrats and the three Republicans who voted with them used "scare tactics" in their opposition to his regulations and that his "light tou...


Corrected: Rupert Murdoch's son Lachlan to become Fox CEO after Disney deal

Rupert Murdoch will serve as Co-Chairman of the new Fox, alongside Lachlan Murdoch and John Nallen , 21CF's Chief Financial Officer will take a broader role...


Oil holds gains as markets tighten amid OPEC cuts, Iran sanctions

The possibility of a shortfall in crude supplies should be able to support prices, along with the tight market, which may be known from the American Petroleum's...


Stamp Out Hunger Campaign Brings in Thousands of Donations

Letter Carriers picked up non-perishable food items as they delivered mail along their postal routes. The food bank feeds over 200,000 people a year and they sa...


MPC votes 7-2 to hold Bank Rate at 0.5%

The lower 2018 growth prediction reflected the early weakness, Bloomberg said . The 0.1 percent quarterly growth was markedly down on the Bank of England's f...


Buffett's magic touch sends Apple stock to its highest value in history

I'd love to own 100 percent of it .We like very much the economics of their activities. "It's worked for us in many other situations". "We are attacking an i...


Jack'd Responded To Facebook's New Dating Feature

Zuckerberg said , "This is going to be for building real, long-term relationships - not just hook-ups". What's behind the new dating app from Facebook? "We'r...


Unemployment rate hits 3.9 percent, lowest since 2000

The biggest gains were in professional/business services (up 44,000 jobs) and trade/transportation/utilities (up 40,000 jobs), it said. But 236,000 people lef...


Zillow Group, Inc. (NASDAQ:Z) Ratings Summary as of May 3, 2018

Pinnacle Advisory Group Inc sold 60,682 shares as the company's stock declined 1.34% with the market. Netherlands-based Apg Asset Mngmt Nv has invested 1.6% in ...