Finance

Gold soars to near six-year high

In the past, U.S. President Donald Trump has openly pressured Powell and his colleagues to loosen policy, saying lower rates would give an added boost to an eco...


The Cost of the Bitcoin Exceeded $ 12000

The XRP/USD pair even broke the $0.4600 support and traded close to the $0.4450 level. Increasing US sanctions, Trump-inspired trade wars, and a plummeting US d...


Microsoft, Nintendo, and Sony form alliance to oppose Trump Administration's console tariffs

The letter goes on to say that the tariffs would disproportionately harm U.S. businesses, undermining the intended goal of retaining the US' high-tech leadershi...


Amazon plans to launch around 1,000 new products on Prime Day sale

Plus, members can gear up for Prime Day in-home deliveries with 40 percent off the Key for Garage myQ Smart Garage Hub + Amazon Cloud Cam (Key Edition) kit, o...


Trump Says Fed's Powell Needs To Lower Rates, Doing Bad Job

Talking about the central bank's future monetary policy move during an event held by the Council on Foreign Relations in NY on Tuesday, Powell admitted that h...


BMW Vision M Next Concept design talk

The bike uses a new electric concept of the company's Boxer engine, merged with the new paradigm of electric mobility. - Edgar Heinrich, chief designer of BMW ...


Fed's Bullard cools bets on a US 50 bps rate-cut

President Donald Trump has hailed Chinese leader Xi Jinping's authority over his own country's central bank. Powell said that, while the tariffs themselves ...


China, U.S. trade officials talk ahead of Trump-Xi meeting

The source noted that "Brazil will not initiate including political issues in the document". The much-anticipated meeting at the G20 summit in Japan will be t...


Passenger Falls Asleep on Plane and Wakes up Alone

Air Canada is investigating after a woman said she fell asleep on a flight and woke up alone on a pitch-black plane. Tiffani Adams posted on Facebook sh...


Eldorado Resorts buying Caesars, Harrah's

Eldorado's offer of $13.01 per share represents a premium of about 30% to Caesar's closing price on Friday. "Together, we will have an extremely powerful suit...


New US Sanctions Target Iran's Supreme Leader

USA media have reported that Washington launched cyber attacks last week even as Trump called off his air strike. Iranian Foreign Minister Mohammad Javad Za...


The new Raspberry Pi 4 is here for just $35

These are created to be more affordable but the foundation has stated that there is now no way to sensibly scale down the Raspberry Pi 4 Model B enough to ach...


RBI Deputy Governor Acharya quits six months before end of term

Past year in October, while delivering A D Shroff Memorial Lecture, he had said that the horizon of government's decision making was short and driven by politic...


Air Canada Passenger Left Alone On Cold Dark Plane

She says she woke up still strapped to her seat around midnight - hours after the plane landed at Pearson Airport - and says she was in "complete darkness" and ...


S&P 500 notches 3rd straight weekly gain after wobbly day

Thursday's milestone came amid a swift turnaround for stocks this month that has erased the losses from May's steep sell-off. It's up 7.2% so far in June. Thoug...


Erdogan’s candidate concedes defeat in Istanbul vote

Erdogan has indeed already played down the importance of the re-run, saying last week that the choice of mayor was "only a change in the shop window" since the ...


YouTube to face child protection investigation

Another proposal is to disable the Autoplay option on kids content, limiting the chance for minors to stumble upon an inappropriate video. In recent weeks, the ...


Toys R Us plans comeback for 2019 shopping season

The new company would operate under the entity Tru Kids Inc . with Barry at the helm, Fox Business reported . Reached for comment, a spokesperson for Tru ...


High Arsenic Levels Found in 2 Bottled Water Brands

Despite its popularity, bottled water might not be as safe as you think. A new study found high levels of arsenic in bottled water sold in stores like Wh...


Lunch becomes nightmare as live rat falls on diner's table

A Buffalo Wild Wings spokesperson for the brand told DailyMail.com in a statement Friday: 'The isolated incident at the Westchester-area Buffalo Wild Wings in...


Slack soars 60% in NYSE direct listing, hitting $21 billion market cap

It has set a guide price for its stock of United States dollars 26 per share , which it is expected to exceed significantly in the first day of trading, the W...


Adidas loses three-stripe trademark battle in Europe

Upholding that verdict on Wednesday, the court said Adidas was unable to prove the motif had a "distinctive character" throughout the countries of the European ...


EU Court Rules Adidas 'Three Stripe' Trademark Invalid

Adidas had not proved the motif had acquired a " distinctive character " throughout the 28 countries of the bloc that would qualify for legal protection, the co...


Future Rate Cuts Could See Investors Favoring U.S. Equities Over International

Federal Reserve officials left interest rates unchanged at their June meeting but opened the door to a future cut if President Donald Trump's trade fight i...


Facebook may abort Calibra launch in India

A popular digital currency like Libra aims to take cryptocurrencies mainstream and could not only empower consumers and businesses to send and receive pay...


Malaysia among replacements as Apple mulls moving ops out of China

Organizations that compete with Chinese products, such as the National Council of Textile Organizations, have praised the tariffs and called for it to extend ...


Oil prices jump as downed USA drone stokes Middle East tensions

U.S. crude oil refinery inputs increased during the week ending June 14, the U.S. Energy Information Administration ( EIA ) said Wednesday. US crude traded ...


Fed wary of economic clouds, but leaves interest rates unchanged for now

But the USA central bank voted 9-1 to keep the benchmark federal funds rate steady at 2.25 percent to 2.5 percent, where it's sat since a rate hike in Decembe...


Fed Chair Powell says central bank has spoken with Facebook about Libra

In its statement , the Fed said it "will act as appropriate to sustain the expansion" and dropped prior wording that it would be "patient" in assessing economi...


Canada approves contentious oil pipeline expansion, expects legal challenges

Days later, the court quashed the federal government's previous approval of the project, citing its failure to consider the environmental effect of tanker traff...


Wall Street opens slightly higher ahead of Fed's statement

It's not the first time the market has rallied on seemingly encouraging developments on trade. They have been getting away with this for years, along with Chin...


Elon Musk 'Quits' Twitter After Failing To Credit An Artist

Next, he also tweeted the controversial line "Just deleted my Twitter account" and hasn't updated since. The Tesla co-founder tweeted a few hours ago to h...


Facebook to launch new cryptocurrency, called Libra

The association will act as a monetary authority for the digital currency. Libra learned from the many other cryptocurrencies that have preceded it such as bi...


Why Facebook Is Minting a Coin and How You Can Use It

Facebook has also formed a new subsidiary, Calibra , which will build financial services for Libra . Facebook is leading a broad coalition of companies a...


China, UK Launch Stock Connect Program

Chancellor Philip Hammond is due to launch the London-Shanghai Stock Connect on Monday. United Kingdom -listed companies will be able to sell shares in Chin...


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