Economy

Economy Wall Street ties record rally as S&P 500 hits all-time high
Author: 0 Wall Street ties record rally as S&P 500 hits all-time high

They say this bull market would have to run until June 2021 to set the record, claiming the longest bull market ran 4,494 days between December 4, 1987, and March 24, 2000. Volume on US exchanges was 5.86 billion shares, compared with the 6.49 billion average over the last 20 trading days. Toll Brothers shares jumped 13.6 percent after the homebuilder reported better-than-expected quarterly results.

Economy Kris Aquino doesn't mind small role in
Author: 0 Kris Aquino doesn't mind small role in "Crazy Rich Asians"

Chu is now prepping the big screen version of Lin-Manuel Miranda's musical In the Heights , which Warners is scheduled to release on June 26, 2020. The third book is titled Rich People Problems . The large starring ensemble also includes Henry Golding, making his feature film debut, Sonoya Mizuno ( La La Land ), Chris Pang ( Marco Polo ), Jimmy O.

Economy Dollar dented by Trump's Fed comments
Author: 0 Dollar dented by Trump's Fed comments

Trump complained about the Fed chairman publicly, telling Reuters "I'm not thrilled with his raising of interest rates, no". The president spooked investors in July when he criticized the US central bank over tightening monetary policy.

Economy Erdogan vows Turkey will not be cowed by US
Author: 0 Erdogan vows Turkey will not be cowed by US

The sell-off has spread to other emerging market currencies and global stocks in recent weeks. Brunson was indicted by a Turkish court on charges of having links with the Kurdistan Workers' Party (PKK) militant group and the movement of the US-based opposition cleric Fethullah Gulen.

Economy Manafort jury reaches verdict on 8 of 18 counts
Author: 0 Manafort jury reaches verdict on 8 of 18 counts

Women, as in plural; the only woman we know Trump paid off via Cohen thus far was Stormy Daniels . Forest Gump may have become famous for running to escape bullies and to escape a broken heart, but reporters working on the Paul Manafort case in the United States went viral for their run to break a national news .

Economy Iran oil minister: French oil giant Total pulls out of Iran
Author: 0 Iran oil minister: French oil giant Total pulls out of Iran

The Oil Ministry's website Shana also quoted Zanganeh as saying that Total had announced its plans to leave more than two months ago. The US reimposed sanctions on Iran after Washington withdrew from the 2015 nuclear agreement between Tehran and world powers.

Economy USA lawmakers seek to impose more sanctions on 'menace' Russian Federation
Author: 0 USA lawmakers seek to impose more sanctions on 'menace' Russian Federation

Members of Congress, where both chambers are controlled by Trump's fellow Republicans, have called for more action, including introducing new sanctions legislation "from hell", to punish Russian Federation for its annexation of Crimea, involvement in Syria's civil war and cyber attacks seeking to influence USA elections.

Author: 0 The rand climbs as dollar hit by Trump Fed comments

Asked on Monday if he believed in the Fed's independence, Trump said: "I believe in the Fed doing what's good for the country." "I should be given some help by the Fed". Presidents have not commented on Federal Reserve policy in over twenty years after Bill Clinton chose to stay mum on the central bank's choices. You get to be the face of independent monetary policy in the United States, the closest that a bureaucrat can get to being an autocrat in our little republic here.

Economy Post Malone Aboard Plane Attempting Emergency Landing
Author: 0 Post Malone Aboard Plane Attempting Emergency Landing

A small jet reportedly carrying rapper Post Malone has been diverted to MA after blowing two tires during takeoff at Teterboro airport and subsequently circling northern New Jersey for two hours, sparking a massive emergency response. The plane reportedly had about 3,700 gallons of fuel to burn. It circled the airport in New Jersey for at least 90 minutes. PIX11 reports the plane is now headed to Westfield-Barnes Regional Airport.

Economy Jon Stewart comes to aid of goats found on subway tracks
Author: 0 Jon Stewart comes to aid of goats found on subway tracks

NYPD and Animal Control were called to find them between the Fort Hamilton and New Utrecht stations before 11 a.m., which as you can see from the photo above, was a success. But it's how this story ends that makes it a tale worthy of the Big Apple: The goats were eventually rescued by Jon Stewart . In a video , Stewart is shown helping load the goats into a trailer headed to Farm Sanctuary , the shelter that Stewart and his wife own in Watkins Glen, N.Y.

Author: 0 Don't throw those contact lenses down the drain

To understand how lenses break down in sewage, Rolsky and his colleagues placed the corrective lenses in wastewater treatment tanks filled with hungry microorganisms. That result suggests that a significant number of lenses are ending up in waste-water treatment plants - a conclusion they confirmed after visiting treatment plants and spying lenses in the water.

Economy PepsiCo buys SodaStream for $3.2 billion
Author: 0 PepsiCo buys SodaStream for $3.2 billion

Under the cash deal, PepsiCo is to pay US$144 a share for the fizzy water makers outstanding stock, a premium of 11 per cent over its closing price on Friday. The acquisition has been unanimously approved by the Boards of Directors of both companies. If regulators approve the deal, it is expected to be finalised by January 2019, subject to a vote by Sodastream shareholders.

Economy House of Fraser website offline amid reported delivery 'wrangle'
Author: 0 House of Fraser website offline amid reported delivery 'wrangle'

The halt came amid reports employees at a key warehouse supplying products to House of Fraser stores and online shoppers had downed tools in a wrangle over delivery payment terms with Sports Direct . The retailer said it didn't take the decision lightly, but felt it was the best option as it couldn't give customers a clear idea on when their orders would be delivered.

Economy NAFTA deal with Mexico, not Canada
Author: 0 NAFTA deal with Mexico, not Canada

In recent comments, Trump administration officials have said NAFTA could remain a trilateral deal with an overall agreement among the U.S., Mexico and Canada . If the Trump administration got its way the effect would be to pressure auto makers to shift a lot more production to the US from Canada and Mexico, an outcome neither of those two countries is willing to accept.

Economy Tesla sheds $US5.4 billion after Elon Musk's emotional interview
Author: 0 Tesla sheds $US5.4 billion after Elon Musk's emotional interview

In the interview the executive describes not leaving the Tesla factory for days at a time , a 120 hour work week, nearly missing his brother's wedding, and not taking a break for longer than a week since 2001. He and other board members are preparing to meet with Securities and Exchange Commission officials as early as next week, the Times said. Musk is known for odd behavior and controversial statements, but investors have stuck with him and driven Tesla to a higher market value than ...

Economy Tesla shares fall on reports of SEC subpoena
Author: 0 Tesla shares fall on reports of SEC subpoena

The SEC became interested in the subject after Musk announced his brilliant idea and added that funding for taking Tesla private has been secured. "While, we forecast H2 Model 3 production of 123k units, following our trip, we believe our estimate could be 4 to 7% too low", wrote the analyst in the research report .

Economy Turkish Court Again Rejects Appeal To Release U.S. Pastor
Author: 0 Turkish Court Again Rejects Appeal To Release U.S. Pastor

Trump, before leaving the White House on Friday , denounced Turkey as a "problem for a long time" and said it made up a "phony" spying charge against Andrew Brunson. Supporters of Brunson, who ran a small church in the Turkish coastal city of Izmir, say allegations that he was linked to Kurdish rebels as well as Turkish cleric and alleged coup plotter Fethullah Gulen are absurd.

Economy Wall Street opens lower as Turkey turmoil, trade worries weigh
Author: 0 Wall Street opens lower as Turkey turmoil, trade worries weigh

SPX was up 16.69 points, or 0.59 percent, at 2,838.62 and the Nasdaq Composite . IXIC was up 47.48 points, or 0.61 percent, at 7,867.19. The Nasdaq composite rose 17 points, or 0.2 percent, to 7,856. "Markets are going back into the cautious trend that we were in prior to yesterday", said Randy Frederick, vice president of trading and derivatives for Charles Schwab in Austin, Texas.

Economy Turkish lira firms before minister's presentation
Author: 0 Turkish lira firms before minister's presentation

Anti-American rhetoric grew in Turkey in recent days as the Turkish Lira plummeted against the United States dollar and Trump doubled tariffs on Turkish steel and aluminum imports as well as imposed sanctions on the Turkish Interior and Justice Ministers in response to the continued detention of American Pastor Andrew Brunson .

Economy Southern rail fares ‘should at least be frozen if not reduced’
Author: 0 Southern rail fares ‘should at least be frozen if not reduced’

Thousands of Scottish commuters are set to see the price of their annual railway season tickets increase by more than £100, raising fears that some will be unable to afford the steep rises. The rest are decided by train companies. A Greater Anglia spokesman said: "Fares levels for season tickets and standard returns are regulated and set by the government of the day, with the July RPI figure used as the basis for the following January's ticket price changes".

Economy Turkish lira volatile as U.S. warns of further sanctions
Author: 0 Turkish lira volatile as U.S. warns of further sanctions

The currency has recovered from record lows earlier this week. Investors, already anxious about Turkey's economy, were irked by a diplomatic and trade dispute with the United States over the continued detention of an American pastor Andrew Brunson on espionage and terror-related charges.

Economy Why Google doesn't stand a chance in China's search market
Author: 0 Why Google doesn't stand a chance in China's search market

These are topics that the government censors through China's so-called Great Firewall. China has the world's largest internet audience but USA tech firms have struggled to take off in China due to content restrictions and blockages. The tech giant had already come under fire this year from thousands of employees who signed a petition against a $10-million contract with the U.S.

Economy More US sanctions for Turkey if they don't obey
Author: 0 More US sanctions for Turkey if they don't obey

The Turkish lira weakened in value from 4.7 on the dollar to 6.4 on the dollar Friday, for the first time in history breaking the 6 mark. We've got more newsletters we think you'll find interesting. "Recent developments in the U.S. -Turkey relationship threaten both countries' economic interests and put at risk an alliance that has proven its value over decades", said Myron Brilliant, U.S.

Economy China moves WTO against US solar tariffs
Author: 0 China moves WTO against US solar tariffs

Trump made the assertion in an interview with The Wall Street Journal on Wednesday - one in which he said that steel prices may be "a little more expensive" in the short term, but that they eventually would drop, ultimately protecting America's steel industry.

Economy White House: 'We Won't Forget' How Turkey is Treating US Pastor
Author: 0 White House: 'We Won't Forget' How Turkey is Treating US Pastor

Treasury Secretary Steve Mnuchin on Thursday said that the United States would levy more sanctions on the troubled Turkish economy if Ankara does not release an American pastor. A defiant Erdogan said the Americans "have their dollar but we have our God". Some 3,000 investors registered to join Albayrak's planned tele-conference, the private NTV broadcaster reported .

Economy Ontario allowing pot sales in private retail stores April 1
Author: 0 Ontario allowing pot sales in private retail stores April 1

Ontario's Progressive Conservative government said Monday it will start cannabis sales with an online-only retail model when cannabis is legalized on October 17, to be followed by private retail sales on April 1. No specific targets have been set for the number of stores. She said that the idea is that "giving people an opportunity to participate in the legal market", fewer people will choose to participate in the illegal market.

Economy As Tesla looks to go private, Chinese rival plans U.S. IPO
Author: 0 As Tesla looks to go private, Chinese rival plans U.S. IPO

The Shanghai-based company used a placeholder amount of $1.8B in the offering filing. NIO and other Chinese EV makers are raising money to develop new products and fund an expansion as the world's biggest vehicle market signals a shift to battery-powered vehicles in a bid to cut pollution and reduce dependence on imported oil.

Economy Bitcoin falls through $6,000 mark as cryptocurrencies suffer
Author: 0 Bitcoin falls through $6,000 mark as cryptocurrencies suffer

For a long time, this resistance level has been the point of discussion since every time bitcoin has been able to break it, it has gone on to soar and every time it has slipped below it; it has gone on to slip further below and has struggled to find its way above it.

Economy Qatar pledges $15 billion to invest in Turkey
Author: 0 Qatar pledges $15 billion to invest in Turkey

Tariffs were also doubled on goods such as cosmetics, rice and coal. "The tariffs are specific to national security", she said. According to the Turkish presidential press office, Erdogan and al-Thani also exchanged views on bilateral relations and regional developments during their three-hour meeting.

Economy U.S., China to Resume Trade Talks as Tariffs Bite
Author: 0 U.S., China to Resume Trade Talks as Tariffs Bite

A Chinese trade delegation will visit the U.S. this month to kick off a new round of talks, the first since negotiations broke down two months ago. The two countries plan to launch a new round of tit-for-tat tariffs on $16 billion worth of goods from each country on August 23.