Wild Ride: US Stock Markets See Dramatic Drop Again

All major S&P 500 sectors tumbled led by energy, industrials and financials. The Nasdaq lost 60 points, or 0.8 percent, to 6,968. Amazon dropped to $1,509 and Nike slid 3.2 percent to $72.36. The stock has lost half its value since November 8 i... More..

by | Published 17 days ago
Bitcoin Falls Below $5000, Other Cryptocurrencies Plunge As Well
by | Wednesday, November 21, 2018

Bitcoin Falls Below $5000, Other Cryptocurrencies Plunge As Well

In a fresh wave of selloff in the crypto market, Bitcoin has breached the $5,000 level, hitting the low of $4,860 level, recording over a 12 percent drop in last 24 hours. Bitcoin cash ABC dropped around 20...More..

Jennie-O turkey products recalled for possible salmonella outbreak
by | Monday, November 19, 2018

Jennie-O turkey products recalled for possible salmonella outbreak

And consumers with Jennie-O Ground Turkey 93% Lean, Taco Seasoned Ground Turkey, Ground Turkey 85% Lean and Italian Seasoned Ground Turkey in their freezers should toss them out or return them to the store for ...More..

'Yellow vest' protests against Emmanuel Macron snarl traffic across France
by | Sunday, November 18, 2018

'Yellow vest' protests against Emmanuel Macron snarl traffic across France

In Troyes, southeast of Paris , about 100 people invaded the prefecture, the local representation of the state, damaging the inside, Interior Ministry officials said. The protesters have dubbed themselves the ...More..

Bride wears wedding gown after fiance dies in crash
by | Saturday, November 17, 2018

Bride wears wedding gown after fiance dies in crash

Alongside another photo of her and Dr Pratama's sister, she wrote: "Although you are not beside me, your sister was with me to fulfil your most attractive last wish". Untukmu kekasihku Rio Nanda Pratama, teri...More..

Oil Prices Mixed In Choppy Trade
by | Friday, November 16, 2018

Oil Prices Mixed In Choppy Trade

Saudi Arabia is considering pushing through curbs on crude at next month's Opec meeting, on signs that supply is starting to outpace demand. Brent crude futures, the global benchmark fell by 7.34 percent...More..

Amazon picks New York City, Washington DC area for new HQs
by | Thursday, November 15, 2018

Amazon picks New York City, Washington DC area for new HQs

Watch their remarks in the player above. Separately, Amazon is tapping NY state for grants and tax breaks worth more than $1.5 billion, the richest in state history and more than triple those offered by ...More..

Amazon Not Choosing Philadelphia For Second Headquarters
by | Wednesday, November 14, 2018

Amazon Not Choosing Philadelphia For Second Headquarters

New York City and Northern Virginia will be the homes for Amazon .com Inc.'s second and third headquarters, according to people familiar with the matter, ending a more than yearlong public contest tha...More..

Abu Dhabi summit: Oil production cuts may be necessary
by | Tuesday, November 13, 2018

Abu Dhabi summit: Oil production cuts may be necessary

Due to a glut two years ago that saw crude oil prices plunge to under US$30 a barrel from US$100, the major oil producers started cutting down output. "Oil prices should be much lower based on supply!" Saud...More..

China's 'Singles' Day' on track to beat $25 billion sales record
by | Monday, November 12, 2018

China's 'Singles' Day' on track to beat $25 billion sales record

It has already discounted the speaker again, in advance of this year's annual shopping event held on November 11. By the one hour and 47 minute mark, that number had increased tenfold. Alibaba Group Founder ...More..

What Canadians need to know about Tuesday's USA midterm elections
by | Wednesday, November 07, 2018

What Canadians need to know about Tuesday's USA midterm elections

For most of us, Election Day is Tuesday. Most Democratic candidates have tended to avoid directly confronting the president, focusing instead on "kitchen table" issues such as healthcare and economic ineq...More..

Apple delivers strong profits, but shares slip on outlook
by | Monday, November 05, 2018

Apple delivers strong profits, but shares slip on outlook

Despite a show-of-force performance in its fiscal fourth quarter, Apple's revenue forecast for the coming quarter was merely around Wall Street's previous average estimate. The average iPhone selling price wa...More..

US economy adds a robust 250,000 jobs in October
by | Monday, November 05, 2018

US economy adds a robust 250,000 jobs in October

Add Jobs Report as an interest to stay up to date on the latest Jobs Report news , video, and analysis from ABC News. USA businesses added 250,000 jobs in October , the Labor Department said on Friday...More..

Trump Asks for Draft Trade Deal With China
by | Sunday, November 04, 2018

Trump Asks for Draft Trade Deal With China

President Trump expressed confidence he can reach a deal to end a burgeoning trade war with China , saying he will meet his Chinese counterpart at the Group of 20 meetings in Argentina in about a month. Xinhu...More..

Oil Prices Leap After 3 Days Of Sliding
by | Saturday, November 03, 2018

Oil Prices Leap After 3 Days Of Sliding

Prices capped this week's loss on signs of a possible trade agreement between the US and China. The U.S. surpassed Russian Federation in August to claim the title of world's top oil producer, with the lar...More..

China promises Pakistan support as Khan tells of 'very difficult' economy
by | Saturday, November 03, 2018

China promises Pakistan support as Khan tells of 'very difficult' economy

The project is meant to modernise Pakistani infrastructure and bolster the country economy by building various transportation networks, energy projects and special economic zones. Greeted by Xi at the Great Hal...More..

Spotify to launch standalone app for Apple Watch, beta version being tested
by | Saturday, November 03, 2018

Spotify to launch standalone app for Apple Watch, beta version being tested

Total Q3 revenue was €1,352 million ($1.54 billion), up 31% year-over-year. Over the life of a paid subscription, this more than makes up for the one-time expense of a relatively low-cost piece of hardware. Spo...More..

Trump threatens to impose new tariffs on China
by | Friday, November 02, 2018

Trump threatens to impose new tariffs on China

WALL STREET: A report the U.S.is preparing to impose tariffs on all imports from China weighed on sentiment. Technology companies sank again after Bloomberg News reported that the U.S.is planning new ta...More..

UK’s May denies good-news budget signals an early election
by | Thursday, November 01, 2018

UK’s May denies good-news budget signals an early election

The chancellor said that it will apply to profitable firms that generate global annual sales of at least £ 500m via "certain digital platform models" including online marketplaces, search engines, and soci...More..

Mattis condemns Khashoggi killing, calls it security concern
by | Monday, October 29, 2018

Mattis condemns Khashoggi killing, calls it security concern

Khashoggi's killing has tainted the image of Crown Prince Mohammed bin Salman, who has positioned himself as a Saudi reformer, and tested ties between Washington and Riyadh as Western powers demand answers o...More..

IBM to acquire Red Hat in $34B blockbuster deal
by | Monday, October 29, 2018

IBM to acquire Red Hat in $34B blockbuster deal

The deal will see IBM acquire all of the issued and outstanding common shares of Red Hat for $190.00 per share in cash, more than $70 above the $116.68 at which Red Hat was trading on close of business Friday...More..

Markets Right Now: US stock indexes surge a day after a rout
by | Monday, October 29, 2018

Markets Right Now: US stock indexes surge a day after a rout

Bond prices rose, sending yields lower, as investors continued to seek less risky assets. The S&P 500 shrunk by nearly 47 points or about 1.73% while the Nasdaq Composite Index lost slightly over 2%, droppi...More..

China minted two new billionaires per week in 2017, says report
by | Monday, October 29, 2018

China minted two new billionaires per week in 2017, says report

A new report from investment bank UBS and professional services firm PwC has found the world's richest people upped their wealth by nearly a fifth in 2017, with British billionaires upping their income by a...More..

Mega Millions victor may never be revealed
by | Sunday, October 28, 2018

Mega Millions victor may never be revealed

Also in SC, three people matched four out of five numbers and had a Megaball, for a win of $10,000; 88 people matched four out of five white balls only for $500; 230 people matched 3 out of 5 numbers and the Me...More..

New Jersey Man Breaks His Hip but Wins the Lottery
by | Sunday, October 28, 2018

New Jersey Man Breaks His Hip but Wins the Lottery

He was taken to Jefferson Stratford Hospital for treatment. Powerball's historic jackpot comes after the U.S. Mega Millions lottery reached a jackpot of $1.537 billion, just short of a world record. The sec...More..