Archive | Finance

Mark Zuckerberg slams Apple CEO Tim Cook's 'extremely glib' Facebook criticism

Facebook CEO Mark Zuckerberg , who needed nearly a week to come out of hiding with a response for the Cambridge Analytica privacy breach and...

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Donald Trump Takes Another Shot at Amazon and Jeff Bezos

However, Amazon and other big e-commerce companies now routinely collect state sales taxes . Amazon has pushed to have Congress require all o...

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Budget Reductions, Security Discussed By Board Of Education

School board Chairwoman Susan Karp said Monday "many people worked hard to bring that budget to a successful conclusion". I would like to enco...

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Facebook apologises for data scandal in United Kingdom newspaper ads

He said Facebook could have done more to stop millions of users having their data exploited by political consultancy Cambridge Analytica in 20...

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Lt. Gen. HR McMaster Will Resign As National Security Adviser

US President Donald Trump has named ultra hardline Fox News pundit and former United Nations ambassador John Bolton as his new national se...

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U.S. stocks open lower after Fed's rate-hike decision

Second, although the Fed expects to gradually raise rates, global financial markets may still find higher rates hard to handle. The Fed has ...

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Federal Reserve Hikes Interest Rates, Sees 2 More Hikes Coming In 2018

As the Fed hikes rates on financial institutions, banks turn around and lift interest rates on credit cards, auto loans, small business loans an...

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Uber suspends self-driving vehicle trials following fatal crash

Although the Uber vehicle and its human back-up could be at fault, it may turn out that there was nothing either could have done to stop the c...

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Data of 50M Facebook users obtained by Trump-linked firm

Cambridge Analytica insisted Saturday that Kogan's company, Global Science Research (GSR) harvested the data. Facebook announced Friday it ...

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Toys "R" Us to close or sell all U.S. locations

A shopping cart sits in the parking lot at a Babies R Us store on January 24, 2018 in Chicago. There's also buzz that as many as 400 locati...

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Trump fears China winning on 5G if Broadcom takes over Qualcomm

Furthermore the candidates that Broadcom was running for Qualcomm's board of directors are barred from participating in that election, and Qualc...

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Healthcare adds 19k jobs in February; hospitals continue to drive growth

Health-care added 19,000 while mining saw 9,000 new jobs. White unemployment was 3.7 percent. Data for December and January were revised to show...

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India lose opening match against Sri Lanka by 5 wkts

And therein began India's tough time. Pace spearhead Dushmantha Chameera claimed two wickets including the prized scalp of India skipper...

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Trump Is About To Seriously Screw Over Canada

They were wrong on all counts: Since NAFTA was adopted 25 years ago, Mexico is on its way to becoming a failed narco-state, illegal immigratio...

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Trump's Tariff Plan: Best Ways for ETF Investors to Capitalize

Refusing to spare friendly countries from the punishing tariffs could further inflame tensions created by Trump's sudden announcement on Thu...

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European Union has 'been brutal' to the US

He has got some bipartisan support from lawmakers, mainly from America's rust-belt states, who believe the move will help revive the steel in...

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Odd Thoughts: Kids keep gun control conversation on point

I am an ex-Marine, former police officer and a former probation officer. It's time for the United States to have stricter gun laws such as rai...

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Treasury yields rise, stocks slide following Fed chief's testimony

The Dow fell almost 300 points that afternoon and plunged another 380.83 Wednesday, closing at 25,029.20. Investors have anxious that the US cen...

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The left's pathetic case making public workers pay union fees

On the other side, Justice Anthony Kennedy, who has voted against unions in past related cases , scoffed at labor's argument that there is a di...

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Kylie Jenner calls Snapchat 'sad', company loses $1.3 bn

That's the question Kylie Jenner asked her 24.5 million followers on Twitter yesterday afternoon. Or is it just me... Snap has rejected ...

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Dollar continues recovery from three-year lows

Fed officials saw stronger USA growth sustaining additional interest-rate increases, minutes of their January policy meeting released on Wedne...

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No medal for Lindsey Vonn in Olympic super-G

I understand that if I do my job, I can get a good result". Reportedly Hanyu intends to donate them to children in Pyeongchang and Gangneung...

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World oil demand seen at 98.6 mbpd in 2018

Oil production outside OPEC nations fell by 175,000 bpd in January to 58.6 million bpd, but was still 1.3 million bpd higher than January last y...

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Valentine's Day Flowers Ship to Truckee Meadows From Ecuador

But if you are going out, secure a baby sitter ahead of time and ask them to come an hour early so you can get ready without watching the kids. ...

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England 12 Wales 6: England gain, Wales pain in the Twickenham rain

A late Gareth Anscombe penalty cut the gap to six points and gave Wales a losing bonus point but England's relief at the end was obvious amo...

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Astronomers spot Elon Musk's cosmic Tesla Roadster flying through our solar system

Each of the thrusters has nine engines of 470 kilos. That company's prospects are looking good: On Tuesday, It launched the largest rocket in ...

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Crude oil prices fall as global financial markets tumble

Although the news is significant inasmuch as it indicates the United States' strengthening position on global oil markets, it is unlikely that U...

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Dow Jones nose-dives 800 points on Thursday

The Dow was modestly higher at 11:30 a.m., after briefly being up almost 350 points in early trading. The Dow Jones and S&P 500 indexes offi...

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Powell sworn in as Fed chief pledging to explain policy moves

The rule book is now changing, a shift that is sending tremors through the financial markets. The volatility has been triggered by fears of ri...

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World stock sell-off runs to $US4 trillion

S&P and Dow futures were both up less than 0.1 percent. Only last month the Dow and SP500 index had their best monthly gains in two years with...

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Dow industrials plunge 1000 as market enters 'correction'

The benchmark S&P 500 was set for a second day of declines, following sharp swings in recent sessions including its biggest drop in more tha...

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Crude, gasoline inventories rise, as does demand

The recent gross domestic product (GDP) numbers from most of the economies across the world point to higher growth during the last few quarters....

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Stocks extend selloff, Treasury yields retreat from near 4-yr highs

We all need to adjust our expectations: On the upside, we'll hopefully see higher wages for many Americans. Shares sank more than 1 percent fr...

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Dow sinks nearly 1600 points in worst one-day drop in history

A 1,175 drop in points may sound daunting but equates to only a 4.6 percent decline. The Nasdaq composite fell 181 points, or 2.5%, to 7,0...

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Trump is trying to Make America White Again

Almost 800,000 of that group were protected under an Obama-era program known as Deferred Action for Childhood Arrivals that allowed them to live...

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Randy Moss Named To 2018 Pro Football Hall Of Fame Class

Moss, Lewis and Urlacher were first-ballot candidates. If there was any one player who was a lock for the 2018 class, it was Lewis. Owens, snu...

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Tech companies lead stocks sharply lower in early trading

The tech selloff worsened, sending the Nasdaq 100 Index lower by 2.1 percent. This resulted in a rise in interest rates and a drop in stock pr...

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Fed maintains interest rates amid inflation concerns

The US Federal Reserve on Wednesday kept interest rates unchanged, but said inflation likely would rise this year, bolstering expectations...

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Economy added 200000 jobs in January

The average workweek fell to 34.3 hours, the shortest in four months, from 34.5 hours in December. But revisions to November and December subtra...

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Alphabet Q4 misses earnings target but still shows strong revenue growth

However, the Google parent company impressed on the revenue front, raking in $32.32 billion, marking a 24% climb compared to the year-ago qu...

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