Archive | Business

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USA dollar surges after Fed policy statement

If the situation deteriorates however the market would likely move lower and lower. And though the Fed Chair's rhetoric is inevitably contag...

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China's bitcoin crackdown forces exchanges to close. The price is crashing

China accounts for about 23 percent of bitcoin trades and is also home to numerous world's biggest bitcoin miners, who use vast amounts of comp...

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Bank of England hints at rate hike in 'coming months'

A central plank of the Bank's attempts to kick-start the economy since the financial crisis has been to hold interest rates at record lows, ...

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Stone: Equifax breach is a Category 5

A freeze takes consumers' credit reports out of circulation from the nation's three leading credit-monitoring firms: Equifax , TransUnion and ...

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Merkel suggests Iran-style nuclear talks to end North Korea crisis

Trump's offer to sell more arms, made in a Tuesday tweet, underscored his message in a weekend call with South Korean President Moon Jae-in. ...

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Two New York women file suit against Equifax over massive data breach

Equifax said it discovered the hack on July 29 but waited more than a month to publicly announce it. "Credit bureaus keep so much data about us...

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Hurricane Irma evacuees rush for final flights out of Florida

Florida's largest airport is picking up the pieces after taking a hit from Hurricane Irma - and it's unclear when it'll be up and running aga...

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Flights from Florida bring Irma evacuees into RI

Most Florida airports are shutting down Friday night ahead of the storm's expected arrival Saturday. Now major US airlines are augmenting t...

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Gas Prices Rising in NJ Due Gulf Coast Floods

However, while this should be beneficial for crude prices, the fact is that much of the production is off-shore, and likely to come back on trac...

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Oil falls after Harvey floods U.S. refineries

North Carolina prices jumped 11 cents overnight and are up 27 cents over the last week. Kloza noted the national average price for a gallon co...

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Gas prices surge higher as drivers rush to fill their tanks

One reason is that there are ample stockpiles of gas, which helps compensate for the loss of Gulf Coast refineries. A Democratic senator is as...

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Harvey's Destruction Demonstrates Value of Strategic Petroleum Reserve

After hurricanes Katrina and Rita hit the US 12 years ago, the International Energy Agency released emergency petroleum reserves. Hurricane H...

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Largest US Refiner Shuts as New Harvey Landfall Extends Damage

The disclosures highlight the danger posed by flooding in a refinery-rich section of the Gulf Coast that stretches from Corpus Christi , Texas...

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Tropical storm warning posted for part of North Carolina

The storm system that could become Irma was expected to track up the mid-Atlantic coast Tuesday before moving out to sea Wednesday . We'll see ...

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Disturbance To Pelt North Carolina Coast With Rain, Gusty Wind

A weather system off Africa that's being monitored by the National Hurricane Center is likely to develop as it approaches the eastern Atlantic...

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Uber Names Expedia CEO Dara Khosrowshahi As New Chief Executive

He also serves on the boards of Fanatics Inc. and The New York Times Co. The situation remains fluid, however; board members and investors h...

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Stocks Tank as Trump, North Korea Exchange Barbs

While North Korean geopolitical risks are likely to weigh on Asian markets for now, investors are expected to shift their focus to monetary poli...

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Dollar at eight-week low vs yen as North Korea tensions simmer

In European markets , the French CAC 40 was down 0.7% and Frankfurt's DAX 30 shed 1.2%. They outweighed gains in health care stocks and elsewhe...

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Fired Google engineer James Damore says company executives shamed and smeared him

YouTube CEO and Google leader Susan Wojcicki was all for canning Damore , saying, "While people may have a right to express their beliefs in ...

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TSX opens lower as US-North Korea tensions weigh

Oil prices veered lower as early gains faded. The S&P 500 was down 6 points, or 0.25 percent, and the Nasdaq was down 35 points, or half a p...

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The Health Insurance Tax: Obamacare's Forgotten Tax

That's what Republicans, who don't believe everyone deserves health care, want to do. The President has threatened to terminate these payments a...

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Trump surprises wedding guests at New Jersey golf club

Everyone working in the White House West Wing had to relocate so the government could replace a 27-year-old heating and cooling system. Mr. ...

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Haryana stalking case: Accused will be punished once found guilty, says Khattar

Hundreds took part in protests across the state on Monday and burned effigies of Barala, Sangwan said . In contrast, a party functionary from ...

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Here's what to expect from Tesla's earnings report

Tesla accelerated beyond second-quarter expectations on Wednesday and rode investor interest in its new "affordable" Model 3 to a 7.4-percent...

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BCC comments on Bank of England's 'Super Thursday'

This comes at a time when United Kingdom households are already seeing their purchasing power diminish as a result of the weakening sterling fol...

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What bitcoin's split could mean for cryptocurrency's future

This proposal would cause the least disruption as it would not cause a split in the underlying blockchain while it would upgrade the block siz...

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The rise and fall of Anthony Scaramucci

Others, however, have said the problem is in the product, not in the package at the White House. Kelly had spent the first half of the year serv...

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Trump Slams '3 Republicans and 48 Democrats' for Skinny Repeal Failure

The bill failed by a 49-51 vote, with McCain's vote being decisive. Next on the menu will be "skinny replace" - a bare-bones repeal of only ...

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Fed Ready to Shrink Bondholdings as Soon as September

On inflation, the statement removed the word "somewhat" from June's verbiage and said simply that inflation was running "below 2 percent", a...

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Xiaomi Mi 5X launched with a dual rear camera setup

The latest iteration is Miui 9 . At the moment it is only available on the Mi 5X smartphone which was launched today . The company showcas...

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"Game of Thrones" recap: Allies come together, while Dany's plans fall apart

Daenerys has him promise that if he ever thinks she is failing the people, he won't conspire against her behind her back, he will tell her to ...

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Consumer inflation slows again, hinting at possible rate relief

Another major factor to weigh up is whether the relatively weak pound could put more upward pressure on prices yet, or if this has fully played ...

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North Korea Threatens To 'Annihilate' The US If UN Imposes New Sanctions

But more important is denuclearization of the North. Pyongyang is expected to secure scores of nuclear weapons through its highly enriched ura...

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Alfred Angelo Bridal retailer reportedly closing its doors nationwide

The retailer operated at least 60 stores in the USA, and maintained others in Canada, Europe and Japan. Her dress cost about $1,700, and she h...

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Collins to vote no on latest health care bill draft

Sen Lindsey Graham (R-S.C.) and Bill Cassidy , MD, (R-La.) offered a counter proposal to replace ACA that would retain the federal taxes...

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