Money


GDP grew at 4.1% last quarter GDP grew at 4.1% last quarter
- July 28, 2018

It averaged 2.2 percent during former President Barack Obama's tenure - not including the months it was contracting when he first took office - prompting many experts to declare it the "new normal". Combined with the second quarter, the economy has been growing at a 3.15 percent pace for the first six months. President Trump was joined by Vice President Mike Pence, in addition to a number of White House economic officials and Cabinet members during his remarks. (more...)
Putin invites Trump to Moscow Putin invites Trump to Moscow
- July 28, 2018

The Epoch Times last week reported that after the Trump-Putin meeting in Helsinki , Finland, Russian state-backed media began to openly criticize the Chinese regime. But it's just talk at this point. Trump was heavily criticized by Democrats, Republicans, and the United States media for meeting with Putin in Helsinki, Finland, earlier this month. (more...)
Trump 'open' to Moscow visit after Putin extends invite
- July 28, 2018

Following the backlash in the United States over Trump's cordial public tone with Putin at the Helsinki summit, U.S. and Russian officials backed away from a proposal to schedule a follow-up summit in Washington. Trump denies there was any collusion. Trump drew fire for his handling of Russian Federation after he appeared to side with Putin's denials of election interference at a press conference following the summit. (more...)
EU's willingness to negotiate trade issues vindication of Trump's policy: Ross EU's willingness to negotiate trade issues vindication of Trump's policy: Ross
- July 28, 2018

Let's hope we don't have to go to penalty kicks. After a meeting in Washington on Wednesday, the two agreed to launch a "new phase" in relations and work towards zero tariffs. After Beijing retaliated in kind, Washington announced levies on an additional $200 billion worth of products and threatened more , targeting potentially all of China's exports to the USA - including Trump's $1 apiece re-election flags. (more...)
Facebook Lost Over $100 Billion in Market Capitalization Today, A New Record Facebook Lost Over $100 Billion in Market Capitalization Today, A New Record
- July 28, 2018

Zuckerberg had been tied with Warren Buffett as the world's fourth-richest person, but the Berkshire Hathaway Inc BRKa.N chairman's current $83 billion fortune tops Zuckerberg's $66 billion, Forbes magazine said . Facebook is rolling out a version of those protections to the rest of the world.If users choose to share less data with Facebook , that could hamper the company's ad-targeting abilities, making it less attractive to marketers. (more...)
Twitter stock sinks after reporting decline in active users Twitter stock sinks after reporting decline in active users
- July 28, 2018

Twitter blamed the projected drop on intensified efforts to clean up the platform, stricter privacy rules in Europe and changes to the way its service is used through SMS messaging. "Investors are overreacting to (monthly active user) trends", BTIG analyst Richard Greenfield said about the share fall. Some analysts saw the purge as a good sign. (more...)
Brics: Sorry, we can’t afford nuclear, Cyril tells Putin Brics: Sorry, we can’t afford nuclear, Cyril tells Putin
- July 28, 2018

BRICS as a block is of strategic importance in the current global environment that we find ourselves in today. Chinese President Xi Jinping echoed Ramaphosa's words on the trade war and the change in global powers. "Both leaders also remarked that in the last few months mutual trust has increased between the two sides", Gokhale said.President Xi once again conveyed to Prime Minister Modi that he is very happy to accept his invitation to visit India for an informal summit , the second ... (more...)
USA economy surges to 4.1 percent growth in second quarter
- July 27, 2018

The Trump Administration has said this is the beginning of a new era of stronger growth after the tax cuts and higher government spending, but the vast majority of independent economists see this quarter as a blip. The last time the economy grew at a higher rate was the third quarter of 2014, when it reached 5.2 percent. Trade added 1.06 percentage points GDP growth in the second quarter after being neutral in the January-March period. (more...)
Putin Ready To Invite Trump To Russia, Visit DC 'If Appropriate'
- July 27, 2018

Deputy press secretary Hogan Gidley said Thursday that Kaitlan Collins was denied access to Trump's Rose Garden event with the European Commission president on Wednesday because of her refusal to leave the Oval Office during a previous availability with the president. (more...)
SEC rejects Winklevoss's Bitcoin ETF bid SEC rejects Winklevoss's Bitcoin ETF bid
- July 27, 2018

We're seeing Bitcoin price predictions of up to $50k by the end of 2018 - I believe ETF approval is the only catalyst that could vindicate this price and make it a reality". The SEC dismissed the amended proposal on Thursday with a 3 to 1 vote, disproving BZX's claim that Bitcoin markets are "uniquely resistant to manipulation", and questioning whether BZX can do enough to deter fraud and manipulation on the market. (more...)
Heritage: Zero-tariff agreement with European Union a good 'first step' Heritage: Zero-tariff agreement with European Union a good 'first step'
- July 27, 2018

In a joint appearance before the press with Juncker, Trump said that the European Union will begin importing soybeans from the US Midwest, as well as liquefied natural gas to "diversity" its energy sources, in addition to reducing some industrial tariffs. (more...)
Facebook stock collapse wipes out $119 billion in market value Facebook stock collapse wipes out $119 billion in market value
- July 27, 2018

While the company saw revenue up 42% year-over-year to $13.2 billion in its second quarter, that was short of what Wall Street expected. The single biggest loser is Mark Zuckerberg , Facebook's founder and chief executive, who owns almost 17% of the company. (more...)
United States and European Union should ‘drop all Tariffs, Barriers and Subsidies’, Trump says United States and European Union should ‘drop all Tariffs, Barriers and Subsidies’, Trump says
- July 27, 2018

European trading partners, already incensed by US President Donald Trump's tariffs on steel and aluminum, sent the delegation of high-ranking officials, which also included EU trade commissioner Cecilia Malmstrom, in an effort to fend off a further escalation in the form of auto tariffs. (more...)
Facebook is building 'innovation hub' in China Facebook is building 'innovation hub' in China
- July 27, 2018

Confirming its intent, a Facebook representative told the news network: "We are interested in setting up an innovation hub in Zhejiang to support Chinese developers, innovators and startups". "We're a long way from doing anything [in China]". Facebook has always been keen to get back into China, which blocked access to the platform in 2009. (more...)
Mexico pushes for NAFTA deal with Trump by end of August Mexico pushes for NAFTA deal with Trump by end of August
- July 27, 2018

Trump says that he agrees with four priorities that were outlined by Lopez Obrador in a previous letter. "We're talking to Mexico on NAFTA, and I think we're going to have something worked out", he said. "Today we're sending the world a clear signal we're moving onward with regional integration and free trade", he added. He will be accompanied by Jesus Seade, the designated chief NAFTA negotiator of the incoming Mexican administration. (more...)
Iran-backed Houthis hit Saudi oil tanker off Yemen coast Iran-backed Houthis hit Saudi oil tanker off Yemen coast
- July 26, 2018

Meanwhile, on Wednesday, the Houthis attacked a Saudi oil tanker in the Red Sea, causing slight damage, Saudi state television quoted the coalition as saying. Bab-el-Mandeb is a potential choking point for Saudi oil shipments. "The two million barrels capacity for each tanker were full of crude oil cargo at the time and were headed for export". (more...)
German industry warns US auto tariffs not completely off table yet German industry warns US auto tariffs not completely off table yet
- July 26, 2018

US White House spokesperson Hogan Gidley announced on Tuesday that President Trump meant to bring up at the meeting with the chief of the European Commission issues regarding bilateral trade and the fight against terrorism. "Trade is complex and it is never as simple as the handshake in between two men", Bengoa said in an email. "Without strong European answers, there is a danger that only we will make concessions and in response face new unreasonable demands from the U.S.", he said, ... (more...)
Farmers have mixed reactions to Trump's farm aid Farmers have mixed reactions to Trump's farm aid
- July 26, 2018

Juncker said the two leaders agreed that as long as negotiations were ongoing, "we'll hold off further tariffs and reassess existing tariffs on steel and aluminum" put in place by the Trump administration. Though details remain sketchy, it seems too soon to call this a truce in the trade war-more like an agreement to stop further escalations of the conflict, at least for now, in the hopes that a truce can be worked out. (more...)
Qualcomm confirms Apple likely to drop its modems in next iPhone Qualcomm confirms Apple likely to drop its modems in next iPhone
- July 26, 2018

In prepared remarks during an earnings call with analysts Wednesday, the CFO said Qualcomm expects Apple to use a competitor's modem in the new iPhones and will only use Qualcomm's modems in older models. Apple is also considering adding MediaTek as a supplier of LTE and 5G modems for future iPhone versions, according to a recent unconfirmed report . (more...)
Iran has Iran has "many options" against USA oil sanctions
- July 26, 2018

In May, Trump withdrew the USA from the Iran nuclear deal, an Obama-era agreement that lifted sanctions on Tehran in exchange for the country abandoning its nuclear program. The tension between Presidents Donald Trump and Hassan Rouhani also escalated to new levels this week after Rouhani warned Trump that "war with Iran is the mother of all wars" and cautioned, "Mr. (more...)

« previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 927 928 929 930 931 932 933 934 935 936 937 938 939 940 941 942 943 944 945 946 947 948 949 950 951 952 953 954 955 956 957 958 959 960 961 962 963 964 965 966 967 968 969 970 971 972 973 974 975 976 977 978 979 980 981 982 983 984 985 986 987 988 989 990 991 992 993 994 995 996 997 998 999 1000 1001 1002 1003 1004 1005 1006 1007 1008 1009 1010 1011 1012 1013 1014 1015 1016 1017 1018 1019 1020 1021 1022 1023 1024 1025 1026 1027 1028 1029 1030 1031 1032 1033 1034 1035 1036 1037 1038 1039 1040 1041 1042 1043 1044 1045 1046 1047 1048 1049 1050 1051 1052 1053 1054 1055 1056 1057 1058 1059 1060 1061 1062 1063 1064 1065 1066 1067 1068 1069 1070 1071 1072 1073 1074 1075 1076 1077 1078 1079 1080 1081 1082 1083 1084 1085 1086 1087 1088 1089 1090 1091 1092 1093 1094 1095 1096 1097 1098 1099 1100 1101 1102 1103 1104 1105 1106 1107 1108 1109 1110 1111 1112 1113 1114 1115 1116 1117 1118 1119 1120 1121 1122 1123 1124 1125 1126 1127 1128 1129 1130 1131 1132 1133 1134 1135 1136 1137 1138 1139 1140 1141 1142 1143 1144 1145 1146 1147 1148 1149 1150 1151 1152 1153 1154 1155 1156 1157 1158 1159 1160 1161 1162 1163 1164 1165 1166 1167 1168 1169 1170 1171 1172 1173 1174 1175 1176 1177 1178 1179 1180 1181 1182 1183 1184 1185 1186 1187 1188 1189 1190 1191 1192 1193 1194 1195 1196 1197 1198 1199 1200 1201 1202 1203 1204 1205 1206 1207 1208 1209 1210 1211 1212 1213 1214 1215 1216 1217 1218 1219 1220 1221 1222 1223 1224 1225 1226 1227 1228 1229 1230 1231 1232 1233 1234 1235 1236 1237 1238 1239 1240 1241 1242 1243 1244 1245 1246 1247 1248 1249 1250 1251 1252 1253 1254 1255 1256 1257 1258 1259 1260 1261 1262 1263 1264 1265 1266 1267 1268 1269 1270 1271 1272 1273 1274 1275 1276 1277 1278 1279 1280 1281 1282 1283 1284 1285 1286 1287 1288 1289 1290 next »