Economy

by | December 02, 2018 | 02:36

Randy Gregory's initial push moved Drew Brees around the pocket, where an outside move by Tyrone Crawford gave him a free run at the NFL's all-time leading passer. The Dallas defense held New Orleans to just 59 yards in total offense - the fewest the Saints had gained in a first half since 2001 - and only three downs, which marked the fewest for New Orleans since 2004.

by | December 02, 2018 | 02:09

At the same time, shares of Apple rose 0.63 per cent, leaving its stock market value at $823-billion. Microsoft has lost some public mindshare to Apple in the past few years as the Android vs iOS battle became as important at the Mac vs PC one, and Microsoft failed to capture the mobile market.

by | December 01, 2018 | 05:27

Investors interpreted his remarks as evidence that the Fed might consider pulling back from quarterly rate hikes. His speech to the Economic Club of NY sent markets soaring more than 600 points on Wednesday. On Wednesday, Powell also emphasised these uncertainties. "If you look down the road, you see challenges ahead, and they're challenges that are typical in a cycle", said Powell speaking earlier this month at the Federal Reserve Bank of Dallas.

by | December 01, 2018 | 04:56

Possibly complicating any decision at next week's talks is the crisis around the killing of journalist Jamal Khashoggi at the Saudi consulate in Istanbul last month. The market sentiment has shifted from a 70 per cent expectation of a small production cut earlier this week to about a 56 per cent chance on Friday, CME Group said.

by | November 30, 2018 | 18:41

For the stock market, he emphasised that current valuations are broadly in line with the long term levels and do not see "dangerous excesses" in equities. In his speech to the New York Economic Club, Powell again stressed that there was "no preset policy path" for interest rates and said the central bank had moved gradually, since "moving too fast would risk shortening the expansion".

by | November 30, 2018 | 17:29

Prior to this, last month, he mentioned that crypto is a "stinking cesspool". Traders have been continuously questioning whether bitcoin price is likely to fall to zero or the crypto market will crash anytime in the future. That said , the coin managed to hold up above its Monday low, outperforming most of the smaller altcoins , and a rally above the primary resistance could trigger a larger scale correction in Ethereum as well.

by | November 30, 2018 | 13:41

Addressing the current tensions between Washington and Beijing, US President Donald Trump defended his protectionist trade policies, urging companies to relocate facilities back to the United States and create more jobs for Americans. "Even after taking huge tax breaks from Ohioans, General Motors Co. announced plans to shutter its Lordstown plant right in the middle of the holiday season".

by | November 30, 2018 | 10:03

The investigation was triggered after investigators reviewed so-called "Offshore-Leaks" and " Panama Papers ", the prosecutor said. Prosecutors are now examining whether bank employees helped clients set up offshore companies in tax havens in order to launder money between 2013 and 2018.

by | November 28, 2018 | 11:05

The US National Climate Assessment lastv week warned climate change is set to inflict "substantial damage on US lives" and cause "substantial damages to the US economy" which could run into the billions of dollars. The Fourth National Climate Assessment outlines the potential impacts of climate change across every sector of American society. A tweet he sent out just before the report was released conveys his willful ignorance: "Brutal and Extended Cold Blast could shatter ALL RECORDS - ...

by | November 28, 2018 | 08:59

He said Apple iPhones and laptop computers imported from China would "maybe" also be subject to tariffs, the newspaper reported. He then said that the upcoming discussions between the USA and Chinese leaders are an opportunity to "turn the page" on the trade war .

by | November 28, 2018 | 03:32

Truck and SUV plants, on the other hand, operate almost around the clock on three shifts and are at 105 percent of capacity. GM is also responding to a consumer shift away from sedans in favor of trucks and SUVs. They make a vehicle called Chevy Cruze. Are other automakers planning similar cuts? While industry-wide passenger vehicle sales were down 13.2 percent through the first nine months of the year, pick-up truck and SUV sales rose 8.3 percent.

by | November 27, 2018 | 14:47

But instead of getting a $10 bill, the machine spit out a $100. The incident went on for several hours, with police being called to the area to disperse the crowd and guard the ATM until it was deactivated . The ATM was temporarily shut down after officials arrived at the scene. This news came as a shock to many who thought the bank would take back the money accidentally dispensed to customers or that people who took advantage of the error would face charges.

by | November 27, 2018 | 10:46

The restructuring reflects the changing USA and North American auto markets as manufacturers continue a dramatic shift away from cars toward SUVs and trucks. UAW Vice President Terry Dittes called it a "callous decision" that would be "profoundly damaging to our American workforce". "We're going to fill up those factories or rip them down and build new ones", Mr.

by | November 27, 2018 | 09:58

It was a day many doubted would ever come, but May was anything but triumphant as she reported back to Parliament, which must approve the deal for it to take effect. "Plowing on is not stoic". It has required give and take on both sides. "That is the nature of a negotiation". If British legislators back the plan devised by May's government, then an EU Withdrawal Agreement bill will be introduced in parliament, which must be ratified by the members before it can proceed to a European ...

by | November 27, 2018 | 07:16

The likely shutdowns have already opened up GM to political pushback, Bloomberg reports, with the USA plants in places that have been economically devastated by job losses and pressure on wages for decades. One could argue that it's not a direct line from Trump's tariffs to GM's announcement Monday. The automaker said the plant is now operating at half capacity and has been hit by the "significant shift in buying patterns away from cars to favour trucks and SUVs".

by | November 26, 2018 | 20:23

Between six and eight million real Christmas trees are sold in the United Kingdom every year, and now Dobbies is encouraging everyone to get involved with a "social Christmas tree lights switch on", also taking place on Saturday 8th December at 6pm.

by | November 26, 2018 | 15:14

Bill Park, a partner at Deloitte & Touche LP, said online sales are starting to complement in-store shopping over the weekend, and for shoppers and retailers the two platforms are starting to converge. At Aurora Farms Premium Outlets in Aurora, Ohio, roughly 30 miles southeast of Cleveland, lines formed outside both the Nike outlet and the Kate Spade store.

by | November 26, 2018 | 13:54

UNI Global, the trade union helping coordinate the walkout, said roughly 2,400 workers were on strike in Europe, but people on the ground are reporting higher numbers of protesters. This isn't the first time Amazon has dealt with this sort of issue. Their demands? Better pay and working conditions, Yahoo! Do the decent thing, or wait for a Labour govt to do it for you.

by | November 24, 2018 | 09:26

China has levied extra tariffs on US imports, including automobiles, in a blow to Tesla, which imports all light vehicles it sells in the market. The model's performance version will sport a price tag of 595,000 yuan. But the new-energy vehicle segment is seen as a bright spot in the country's auto industry. The publication points out that Tesla's practice of highlighting savings first before revealing the actual retail price is controversial because different potential Tesla owners may end up ...

by | November 24, 2018 | 08:15

So has the account of Stefano Gabbana . Dolce & Gabbana's trouble comes at a time when global luxury brands are increasingly dependent on China to drive growth. The closely held brand has sales of nearly 1 billion euros (US$1.1 billion), according to Bloomberg data. The scandal was exacerbated after the fashion house's cofounder Stefano Gabbana was accused of posting inappropriate comments on his Instagram account.

by | November 24, 2018 | 05:20

Friday's declines further ramp up the pressure on OPEC ahead of a much-anticipated meeting between the influential oil cartel and its allies in Vienna on December 6, when they are expected to announce that output will be curtailed. Thank you to Saudi Arabia , but let's go lower! The market is experiencing its highest level volatility since late 2016 and Brent crude is down about a fifth in November alone, putting it on course for its biggest one-month decline since late 2014.

by | November 23, 2018 | 11:57

The EU has also agreed to update the divorce deal to allow a possible extension of the transition period "for up to one or two years" if needed to agree on the new future relationship. The political declaration is a separate document to the 585-page withdrawal agreement , published last week, which covers the UK's £39bn " divorce bill ", citizens' rights after Brexit and the thorny issue of the Northern Ireland "backstop" - how to avoid the need for manned customs posts on the ...

by | November 23, 2018 | 08:17

Vancouver is now the largest city in North America without a ride-hailing service. "The legislation aligns with city council's priorities and will result in more transportation options that are safe, flexible and convenient for people", Helps said.

by | November 23, 2018 | 07:12

The Standard & Poor's 500 index slid 45.54 points, or 1.7%, to 2,690.73. Analysts began warning about the potential for a recession next year. -China trade was soiled, meanwhile, following Vice President Mike Pence's remarks Sunday, asserting that there would be no end to US charges on $250 billion worth of Chinese goods unless China changed its practices toward trade.

by | November 22, 2018 | 06:45

German Chancellor Angela Merkel has indicated she will not attend Sunday's meeting of European leaders - which has been called to approve the draft terms of the UK's withdrawal - unless the text on future co-operation is agreed in advance. Having seen off - at least for now - a potential leadership challenge by hardline Brexiteers in her own party, she hoped to wring out of Brussels a Brexit arrangement that she can sell to her parliament.

by | November 21, 2018 | 15:32

The biggest questions surround Ghosn's alleged misuse of company money to purchase millions of dollars in properties around the globe with seemingly no ties to official business. Prosecutors in Japan said they were holding Ghosn for allegedly collaborating to falsify securities statements and under-report $44.6 million in income from 2011 to 2015.

by | November 21, 2018 | 05:39

Traders said futures pared losses on bullish stockpile data Monday as they said that energy information provider Genscape reported that crude inventories fell in the week ended Friday. Despite an expectation of OPEC-led cuts, Brent and WTI prices have slumped by 28 and 30 per cent respectively since early October, and the entire structure of the forward price curve has changed.

by | November 20, 2018 | 19:04

Travis Kling, a hedge fund founder, was quoted saying that he "didn't sleep very well" due to the high disorder in wider digital currency markets because of the recent Bitcoin Cash ( BCH ) hard fork , which coinidol recently reported .

by | November 20, 2018 | 17:00

The Japanese auto manufacturing giant said it had been conducting an internal investigation for several months which showed Ghosn had been under-reporting his pay package and identified "Numerous other significant acts of misconduct " including "personal use of company assets".

by | November 18, 2018 | 19:31

When Black Friday arrived in the United Kingdom five years ago, the promise of a bargain led to scuffles as shoppers scrambled to pick up deals . In 2018, Black Friday will be on Friday 23th November 2018. With Amazon Music, your readers can request by lyrics, let Alexa pick the music for them, or set a music alarm to wake up to their favorite song or playlist - all ad-free and on-demand.

by | November 17, 2018 | 19:56

The plan to sequester the sale of flavored e-cigarettes rather than banning them comes as a surprise for many as a study released Thursday suggests that the number of high school students who use e-cigarettes has risen 77 percent since past year.

by | November 17, 2018 | 13:32

And consumers with Jennie-O Ground Turkey 93% Lean, Taco Seasoned Ground Turkey, Ground Turkey 85% Lean and Italian Seasoned Ground Turkey in their freezers should toss them out or return them to the store for a full refund. "15% FAT " with a "Use by" date of 10/02/2018. Experts urge consumers to practice good food safety when handling raw turkey in the kitchen this holiday season.

by | November 17, 2018 | 11:51

Pence also said that The US wanted a "better relationship" with China, if it respects its neighbours' sovereignty, embraced "free, fair and reciprocal trade" and its human rights record. Pence said the U.S. would join Australia in establishing a military base in Papua New Guinea. "History has shown that confrontation, whether in the form of a Cold War, hot war, or trade war will produce no winners", said Mr.

by | November 17, 2018 | 03:52

Mr Trump has already imposed new import taxes on Chinese products worth about $250bn in annual trade, which has led China to respond in kind. However, he said that several key items were lacking, meaning that the list was still "not acceptable to me yet".

by | November 17, 2018 | 00:39

The DBX is scheduled to be unveiled in the final quarter of 2019 and will be built at the firm's new St Athan facility in Wales. "Still, it's always a big day when you get to put the first actual miles on an early prototype and I'm delighted with the near ideal correlation between the simulator and this prototype", said Matt Becker, Aston Martin Chief Engineer.