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Stories about Markets

Oct 13 2018

Trump says he has 'a lot more to do' on China trade

US President Donald Trump has said that his tariff policies have hurt the Chinese economy and that he has "a lot more to do" to the country. In 2017, the United States...

Oct 12 2018

Stocks have their worst day in months; Dow drops 800-plus points

A surge in Treasury yields appears to be fueling the losses, as the 10-year US Treasury yield spiked last month and has continued to climb throughout October, landing at ...

Oct 10 2018

World stocks tumble after International Monetary Fund slashes economic growth forecast

Growth prospects in Africa are being held down by poor economic development in Nigeria, South Africa and Angola, the International Monetary Fund has said . "We see the...

Oct 07 2018

U.S. unemployment falls to 3.7 percent - lowest since 1969

The low unemployment rate provided more evidence of a booming economy , which is now in a record eight-year streak of job gains. The Labor Department says employers ad...

Oct 07 2018

Judge tells Tesla, SEC to justify settlement of fraud lawsuit

The tweet came five days after Musk settled SEC charges that he misled investors in tweets on August 7, including that there was "funding secured" to take his Palo Al...

Oct 05 2018

RBI likely to raise repo rate again as rupee slide accelerates

Last month India's Finance Minister Arun Jaitley attributed the weakening of rupee against the dollar to global reasons and said there were virtually no domestic reasons....

Oct 02 2018

Elon Musk to Tesla workers: Perform for profit, prove 'naysayers wrong'

The Securities and Exchange Commission asks Musk to remain the CEO of Tesla but only if he steps down from the position of Chairman for three years . Given said cont...

Oct 02 2018

Responding to critics, Amazon raises its minimum wage to $15

That could be good news for numerous Internet giant's workers across North Carolina. That will include more than 250,000 full time employees and 100,000 seasonal workers....

Oct 01 2018

Tesla Shares Jump; Elon Musk Says Company Close To Achieving Profit

However, according to the latest reports, the CEO of Tesla , the well-known auto manufacturing company, of course, Elon Musk resigns as chairman of Telsa. And durin...

Sep 30 2018

Ripple To Launch Payment Service, XRP Price Surges By 74% Since Announcement

Only Bitcoin and Ethereum were considered. Ripple has so far avoided being labeled a security Several ongoing lawsuits allege that Ripple is a security. Among whi...

Sep 26 2018

Instagram founders clash with Zuckerberg, leave Facebook

Whoever it is, let's just hope they can pivot as fast as Systrom and Krieger created Instagram Stories when Snapchat was the wolf at the door. Systrom's public farewell ...

Sep 24 2018

Oil prices slip as Donald Trump calls on OPEC to lower prices

In a tweet on Thursday, Trump blasted OPEC for continuing to "push for higher and higher oil prices". U.S. crude futures were up $1.08 at $70.93 a barrel by 11:15 a.m...

Sep 24 2018

Jet Airways, Vistara unbundle menu to slash ticket prices

The incident was reported around 5.50 AM today. During the climb, the Jet Airways crew forgot to activate the "bleed switch", following this, the air pressure in the ca...

Sep 22 2018

Oil hovers near $80, supply concern expected to underpin prices

Iran remains "a very important exporter of oil ", said the chief of the Organization of the Petroleum Exporting Countries. Crude is averaging about $72 a barrel this ...

Sep 18 2018

China trade war enters new phase

Collection of tariffs on the long-anticipated list will start 24 September but the rate will increase to 25% by the end of 2018, allowing United States companies some tim...

Sep 17 2018

STRAWBERRY CRISIS: NSW Mum Finds Needles In Punnet Purchased At Local Coles

Queensland Acting Chief Superintendent Terry Lawrence said on September 12 that the police were in contact with the farm operators and Woolworths representatives, and ...

Sep 14 2018

Would Trump’s 20% auto tariff be Canada’s ’ruination’? We assess the damage

Trade Representative's office to speak to journalists in Washington , U.S., August 28, 2018. Democrats hope to take control of the U.S. Congress from Trump's fellow Repu...

Sep 14 2018

Jeff Bezos Slams Trump For "Demonizing" The Media

The money, put into what Bezos called the Day 1 Fund, is by far his largest philanthropic donation. The first will fund existing nonprofits and issue annual awards to o...

Sep 12 2018

Was Obama worse to the press than Trump?

Gross domestic product increased at a 4.2 annualized rate in the second quarter of 2018, and the unemployment rate was 3.9 percent in April, 3.8 percent in May and 4.0 pe...

Sep 11 2018

Upward journey continues - petrol touches Rs.90.11 in Maharashtra

In other metro cities, too, fuel prices continued to soar. Apart from Delhi, various Opposition parties held protest marches across the country. A statement by the Ce...