Stories about Finance

Oct 16 2018

Why Saudi Arabia is valuable to Trump

One source cautioned that the report was still being prepared and could change, CNN said today. Turkish officials say they fear a Saudi hit team killed Khashoggi, who...

Oct 15 2018

Saudi vows to 'hit back' at sanctions over Khashoggi

The kingdom has called the allegations "baseless" but has offered no evidence the writer left the consulate. Already, worldwide business leaders are pulling out of the ...

Oct 14 2018

Mnuchin isn't blaming Fed for market rout

Unemployment in September fell to its lowest rate in almost half a century. The remarks are some of the most specific statements that senior Fed officials have given ab...

Oct 14 2018

Pipeline explosion sends fireball shooting into the sky and evacuates a community

And Dan McTeague, senior petroleum analyst with GasBuddy, said prices could climb even more in the next few days as three out of four Washington State refineries have i...

Oct 11 2018

DUP Will Block May’s Budget if ‘Red Lines’ Abandoned, Wants Brexit Delivered

Mrs May is expected to chair a meeting of her most trusted Cabinet members on Thursday in order to finalise her backstop plans before sending them to Brussels. It will fo...

Oct 07 2018

Sensex Falls for Third Straight Day as Fuel Price Cut Spooks Investors

The State Government this evening announced a matching cut of Rs 2.50 in the fuel prices commensurate with the price slash of Rs 2.50, announced by the Central Governme...

Oct 05 2018

Jaitley lowers petrol, diesel prices by Rs 2.5 per litre

In another tweet, Fadnavis announced that the state government will heed the government's request and cut the price of petrol by Rs 2.5 per litre, bringing the total be...

Oct 04 2018

I told Saudi king he wouldn't last two weeks without United States support

Sources told Reuters earlier on Wednesday that Russian Federation and Saudi Arabia had informed the United States of their private deal to raise supply before a meeting...

Oct 03 2018

Amazon raising minimum wage to $15 for all USA employees

Sanders says he now looks forward to working with Bezos on their shared goal of raising the federal minimum hourly wage to $15 from its $7.25. In the USA, workers will r...

Oct 01 2018

Optimism mounts for an imminent NAFTA deal

Political deadlines are often fuzzy but Canada and the United States appear to be working towards some major compromises and a NAFTA deal. The U.S. and Mexico reached t...

Sep 25 2018

Trump's tariffs on $200b of Chinese imports kick in

In a white paper, published Monday, China said the U.S. was applying " extreme pressure " on Beijing to push forward its own interests, while pursuing " economic hege...

Sep 19 2018

China sets retaliatory tariffs on US$60 billion in USA goods

Chinese news reports have quoted a former finance minister as saying Beijing can disrupt American companies' operations by imposing "export controls" if it needs more...

Sep 13 2018

Top White House Economist Says Trump's GDP Claim Was Wrong

Another prominent Trump ally who contradicted the president's claim was the chairman of the Council of Economic Advisers, Kevin Hassett . "I guess I have a magic wan...

Aug 28 2018

U.S., Mexico reach NAFTA deal; talks with Canada to start immediately

President Donald Trump will make an Oval Office announcement at 11 a.m. Trump has frequently condemned the 24-year-old NAFTA trade pact as a job-killing "disaster" for...

Aug 27 2018

Verizon tries to douse criticism, touts "priority access" for first responders

In the lawsuit, Bowden said internet systems are important "in providing fire and emergency response, particularly for events like large fires which require rapid deplo...

Aug 24 2018

United States to step up pressure on Russian Federation with more sanctions

The latest drop in the value of the ruble came amid reports that the United States was preparing further sanctions against Moscow . Hunt, who is to meet on Wednesd...

Aug 18 2018

Turkish lira falls amid sanctions threat

Since then the South African rand has fallen by the most in a decade, the Mexican peso has slumped and the Turkish lira has lost more than 40 per cent of its value sinc...

Aug 15 2018

Tesla directors: 'No formal proposal' to take company private

At about the same time he tweeted this, reports of the Saudi Arabian sovereign wealth fund taking an interest in the company, beyond just buying shares on the sto...

Aug 14 2018

Stolen plane crash: ILM Director says too early to predict security changes

He flew the plane for more than an hour, saw the sights, did some risky aerobatic maneuvers and ultimately crashed on Ketron Island while F-15 fighter jets patrolled ...

Aug 14 2018

Trump Vows To Double Metal Tariffs On Turkey

As the tariffs will take effect immediately, a lot of Turkish steel exporters and USA importers could be hurt, as there are steel cargoes on the way to the United Stat...