Markets

by | June 30, 2018 | 09:27

But numerous children who happily sang the "I don't wanna grow up, I'm a Toys R Us kid" jingle grew into busy parents who found shopping online more convenient. And the people of the internet are endlessly sad about it, with many taking to Twitter to reveal their heartbreak. Madelyn Garcia, who has worked at Toys R Us for 30 years and became a manager at the Boynton Beach store in September, told The Palm Beach Post that the Toys R Us team is a "family" and therefore should be ...

by | June 30, 2018 | 02:29

Airlines avoid flying through volcanic ash as it can damage aircraft engines, clog fuel and cooling systems and hamper visibility. A change in wind direction pushed the ash away from Bali's worldwide gateway, allowing flights to resume, an airport official said.

by | June 28, 2018 | 06:56

It simply stated that OPEC countries would "strive" to adjust production levels in order to conform to the terms of the production cut deal reached in 2016. Brent crude futures were down 78 cents at $74.78 a barrel at 0917 GMT, while USA light crude was up 25 cents at $68.83 a barrel, supported in part by a Canadian supply outage.

by | June 28, 2018 | 05:14

He added: "I've done so much for you, and then this". Of course, Trump had something to Tweet about it and decided to make his opinion public. the president had a lot to say about it. Trump first responded angrily to the Harley announcement on Monday, saying he has supported the 115-year-old manufacturer and was surprised by its plans, which he described as waving the "White Flag".

by | June 28, 2018 | 04:17

This may cut Iran's hard currency earnings from oil exports, and the prospect is triggering a panicked flight of Iranians' savings from the rial into dollars. The Treasury Department on Wednesday revoked licenses that allowed US -controlled foreign firms to export commercial aircraft parts to Iran as well as permit Americans to trade in Iranian carpets, pistachios and caviar.

by | June 28, 2018 | 02:13

Tensions over China's high-tech advance have been building for the past two years, due to Beijing's strategy of allowing Chinese companies to invest in USA and European technology firms, while restricting access to its own tech sector. The decision of the government to take a direct hand in corporate investment decisions under the pretext of national security is "a radical departure from the way we have engaged in economic governance", Chorzempa said.

by | June 26, 2018 | 15:29

The Wisconsin-based company already has factories in Brazil and India, and is opening one in Thailand , while closing its Australian plant. "The tremendous cost increase, if passed onto its dealers and retail customers, would have an immediate and lasting detrimental impact to its business in the region", the company said.

by | June 26, 2018 | 11:08

He also pledged a more " determined " fight against outlawed Kurdish rebels and alleged members of a movement led by USA -based cleric Fethullah Gulen , whom he accuses of orchestrating a 2016 failed coup against his government. Muharrem Ince, Turkey's main opposition candidate, conceded defeat but described the election as "unjust" and warned that Turkey was entering a unsafe regime of one-man rule.

by | June 24, 2018 | 23:23

Trump wrote on Twitter after OPEC announced its Friday decision. Oil markets weren't calmed by the agreement announced Friday by the Organization of the Petroleum Exporting Countries after a contentious week of meetings. This came in a statement issued at the end of the 4th Opec and non-Opec Ministerial Meeting, which was held and concluded in Vienna , Austria yesterday (January 23), reported Emirates news agency Wam .

by | June 24, 2018 | 19:18

The Canadian Senate passed a bill to legalize cannabis on Tuesday after more than a year of intensive study in both the House of Commons and the Senate. Supporters believe the move will help control organized crime while keeping pot out of kids' hands, according to the bill. The new legislation could see marijuana sold legally in shops as early as September.

by | June 24, 2018 | 16:33

Iran, OPEC's third-largest producer, had demanded OPEC reject calls from Trump for an increase in oil supply, arguing that he had contributed to a recent rise in prices by imposing sanctions on Iran and fellow member Venezuela . ally to open the spigots as Trump hopes for lower pump prices ahead of November's mid-term elections. The preliminary accord allows for an additional 600,000 barrels a day of oil to flow onto the market, about 0.5 per cent of global supply, said a delegate.

by | June 24, 2018 | 11:04

European Union trade commissioner Cecilia Malmstrom adresses a news conference on the USA tariffs on steel and aluminium in Brussels on June 1. President Donald Trump escalated his trade dispute with China earlier this week, ordering the US Trade Representative to compile a list of $200 billion worth of Chinese goods to be subjected to an additional 10% tariff.

by | June 24, 2018 | 03:03

Prior to Wayfair v South Dakota, businesses that didn't have a physical location in a state were not required to remit sales taxes to that state government for their sales. But when and if that happens depends on the state: Some may pass laws quickly, others can take years and some states, like the ones that don't have a sales tax, may choose not to require it, says Mr.

by | June 22, 2018 | 20:47

Melissa Lee went on to ask the question about "when" the market is expected to recover from the bear market, and the Litecoin founder has made a decision to take a more diplomatic stance and distance himself from price predictions. South Korean venue Coinrail last week said that some of the exchange's digital coins appeared to have been stolen, although it did not disclose the amount.

by | June 22, 2018 | 20:30

The president says, "We have to change our ways". "So if you want to call that optimism, that's fine with me, but I do think they are getting closer to a bilateral arrangement with the Chinese that is more agreeable to the current administration".

by | June 22, 2018 | 18:57

He pledged to impose tariffs on imports from countries that Trump said had exploited the United States . Trump has also started a trade fight with China over Beijing's sharp-elbowed efforts to overtake USA technological dominance. "We do not want to be in this position", EU Trade Commissioner Cecilia Malmstrom said in a statement, adding that the "unilateral and unjustified" U.S.

by | June 22, 2018 | 18:45

Falih, in a nod to the problems with faltering production in Venezuela, Iran , and Libya, acknowledged that "not every country" will be able to join the production increase. "Our customers have spoken loudly and we must listen to them", Falih said. Brent crude, the global oil benchmark, was down 1.6% on the day, at $73.54 a barrel, on London's Intercontinental Exchange.

by | June 22, 2018 | 16:27

The tariffs, which will hit American products including motorcycles and denim, are a response to Trump administration tariffs on steel and aluminum exports from Europe. Trump is also looking at new tariffs on auto imports, opening a new front in the trade war. The EU does not rely on the U.S.as a market for its steel exports as much as Canada or Mexico, which are also being hit by the USA tariffs and stand to lose more .

by | June 21, 2018 | 23:48

Trump threatened to impose a 10 per cent tariff on $200 billion USA of Chinese goods in addition to $50 billion of import duties that had already been announced . "We have to change our ways, we can no longer be the stupid country, we have to be the smart country", Trump said. The moves could start to meaningfully slow US growth, economists warn.

by | June 21, 2018 | 21:01

US benchmark oil prices were slightly lower Thursday while oil prices in Europe and Asia were down sharply, as investors expect a likely decision Friday by worldwide producers to pump more oil will impact overseas markets more than USA markets.

by | June 21, 2018 | 18:15

Global markets plunged Tuesday after President Donald Trump threatened tariffs on an additional $200 billion worth of Chinese imports. China has underestimated President Donald Trump's resolve to move forward with tariffs unless Beijing changes its "predatory" trade practices, a top U.S.

by | June 20, 2018 | 19:55

Analysts pointed out that the stock component of the Disney offer would be non-taxable as a swap of assets, making it more hard for Comcast to make a higher bid. Fox said it will postpone its special shareholders meeting in order to provide stockholders with an opportunity to evaluate Disney's amended offer.

by | June 19, 2018 | 08:48

Starting July 6, the USA tariffs will go into effect for 818 Chinese products worth $34 billion a year in imports; the remaining tariffs won't go into effect until the administration collects more public feedback. China is not the only country facing the prospect of a trade war with the US. While on the campaign trail, Trump has repeatedly criticized China's economic and trade practices.

by | June 19, 2018 | 05:56

The emissions scandal dates back to September 2015 when VW admitted using illegal software to cheat United States emissions tests on diesel engines. Audi Chief Executive Rupert Stadler was arrested on Monday, a spokesman for parent company Volkswagen said. Germany's Sueddeutsche Zeitung newspaper said VW's supervisory board had already picked Schot for the job and only needed the formal approval of Audi's directors.

by | June 19, 2018 | 05:14

China is responding, and a study by Purdue University suggests soybean exports to the country could fall by as much as 65 percent if China responds as expected with a 25 percent tariff on American soybeans. Speaking alongside US Secretary of State Mike Pompeo in Beijing, Chinese State Councillor Wang Yi said there were two choices when it came to trade.

by | June 18, 2018 | 14:28

Audi Chief Executive Rupert Sadler has been arrested according to a spokesman for Audi's parent company, Volkswagen . Audi, who has been caught up in the emissions scandal that afflicted Volkswagen, had no immediate comment. The agency found that Volkswagen had intentionally programmed turbocharged direct injection (TDI) diesel engines to activate their emissions controls only during laboratory emissions testing which caused the vehicles' NOx (Nitrogen Oxides) output to meet USA standards ...

by | June 18, 2018 | 05:29

The inspector general's report , released Thursday, covered the FBI's handling of the investigation into Hillary Clinton's use of a private email server and was anxiously awaited by Trump . Mark Meadows, a Republican who is close to Trump, after a briefing on the report. Bill Clinton, also interviewed in the IG investigation, said he had "absolutely not" discussed the probe.

by | June 17, 2018 | 13:36

The idea of forming an oil bloc to counter OPEC's hegemony was mooted by Indian Petroleum Minister Dharmendra Pradhan during the International Energy Forum meeting in April in New Delhi. In the US, the crude stockpile decline was steeper than estimated by analysts in a Bloomberg survey, and also ran counter to an industry report a day earlier showing an increase.

by | June 17, 2018 | 08:30

The bank was careful to underline that it would withdraw support for the economy only gradually, saying its key interest rates would not rise from record lows until at least the summer of 2019, and could stay low for longer if needed.

by | June 15, 2018 | 03:59

Their findings suggest that Bitfinex , an exchange which created and sold Tether , used their currency to snap up bitcoin and drive demand for it, bumping up prices. Since exchanges often face difficulties finding the banking partners and achieving the regulatory compliance necessary to offer fiat-to-crypto trading pairs, many altcoin exchanges use tether as a proxy for physical Dollars.

by | June 15, 2018 | 02:52

Each electric vehicle in the proposed tunnel system will carry eight to 16 people and travel at speeds of 125 to 150 miles per hour (200 to 240 kph), the company said on its website . And Boring's technology is good enough that officials in Los Angeles and Baltimore recently have signed off on initial projects that could lead to much bigger efforts, such as a vacuum tube "hyperloop" from Baltimore to Washington, D.C., and eventually NY.

by | June 14, 2018 | 07:27

But that exorbitant rate is likely to go up to 15.57% within two billing cycles, CompareCards says, as lenders pass along the higher rates to clients. That is a welcome step-up from the roughly 2-percent growth averaged throughout the recovery, which was plagued by a series of crises overseas and uncertainties at home, delaying the Fed's tightening plans.

by | June 13, 2018 | 05:48

Musk in the email thanked the employees leaving the company and said the individuals will receive compensation. The layoffs come in engineering, sales and other front-office functions, but the company says the remaining workforce is large enough to accomplish Musk's lofty goals of rolling out a semi, pickup truck and a new SUV in the coming years.

by | June 13, 2018 | 03:32

The lucky customers living in these states (21 so far) get 10 percent off sale items, as well as access to exclusives discounts. Starting Wednesday, the Amazon Prime discounts will be available in 365 stores in 23 states, including Hawaii.

by | June 13, 2018 | 02:40

Finally Domino's Pizza Inc.is addressing a major concern of drivers who hit potholes: pizza jostling. You can go to PavingforPizza.com to nominate your city. Their fixed potholes also carried a KFC logo in chalk that washed away after the first rainfall. Bartonville town administrator Michael Montgomery praised the company's input.