Markets

Markets Bitcoin sinks to new 13-month low
Author: 0 Bitcoin sinks to new 13-month low

It seems the trend turned bearish for almost every cryptocurrency , except for USD Coin, QASH and Dai showing minor increase. Digital assets have now lost nearly US$700 billion of market value since crypto-mania peaked in January, according to CoinMarketCap .com.

Markets NY taxpayers to pay $48,000 per Amazon HQ job
Author: 0 NY taxpayers to pay $48,000 per Amazon HQ job

Long Island City and Crystal City would meet Amazon's other requirements: be near a metropolitan area with more than a million people; be within 45 minutes of an worldwide airport; have direct access to mass transit; and have room to expand.

Markets Flight attendant breastfeeds hungry infant inflight
Author: 0 Flight attendant breastfeeds hungry infant inflight

She nursed the child in the galley until the baby fell asleep. When she went to her mother to ask if everything was okay - it turned out that the woman had run out of milk mixture. Organo said she knew this flight would be special as it was her first one as a qualified Crew Evaluator. "The baby was so hungry, the way she latched on".

Markets U.S. payrolls rise more than forecast as wage gains hit 3.1%
Author: 0 U.S. payrolls rise more than forecast as wage gains hit 3.1%

Employers added 250,000 jobs in October, more than analysts expected, as the jobless rate remained at 3.7 percent, a almost 50-year low, the Labor Department said Friday. Analysts are cautiously optimistic after President Donald Trump said Thursday that he plans to meet with Chinese leader Xi Jinping at a multilateral summit this month.

Markets How to get a free Google Home Mini speaker from Spotify
Author: 0 How to get a free Google Home Mini speaker from Spotify

This plays in well with Google's plan to get the Google Assistant in every single home in the world, starting with these United States of America. There's sure to be more information available at spotify.com/us/family/ once the promotion actually starts.

Markets United States stocks slide, erasing gains from a rally a day earlier
Author: 0 United States stocks slide, erasing gains from a rally a day earlier

Bond prices rose, sending yields lower, as investors seek less risky assets. The S&P 500 lost 3.1 per cent to 2,656.10 and has lost about 9.4 per cent from its September 20 peak. Top of the list is the U.S. trade war with China. Amazon and Google parent company Alphabet slumped after both companies reported quarterly reported revenue figures that fell short of analysts' estimates.

Markets Thanks to the Model 3, Tesla finally turned a profit last quarter
Author: 0 Thanks to the Model 3, Tesla finally turned a profit last quarter

Tesla CEO Elon Musk once again pointed out that the company now did not intend to raise equity or debt. "I am incredibly excited about what lies ahead". "Currently, Teslas face a 40-percent import duty in China, creating artificially low demand". Investors have been calling on Ford to detail a promised $11 billion worth of cuts that were promised during the next five years as the company tries to right-size itself to better compete globally.

Markets Georgia's Education wins big due to Mega Millions Historic Jackpot
Author: 0 Georgia's Education wins big due to Mega Millions Historic Jackpot

The record jackpot had set off a lottery frenzy across America, with people lining up at convenience stores , supermarkets and liquor stores to buy a $2 ticket that gave them a roughly one in 300 million chance of winning. Unless the victor chooses to come forward, the world may never know who won. "He'd be good for the business". And the individual with the winning Mega Millions ticket will have to make a big decision: Take the lump sum or annual payments? If it's not claimed, the money ...

Markets Kashoggi murder: Turkish intelligence shares 'evidence' with CIA
Author: 0 Kashoggi murder: Turkish intelligence shares 'evidence' with CIA

The killing has seen bipartisan condemnation from both Democratic and Republican senators in the United States, although US President Donald Trump said he found the Saudi explanation " credible ". But the president appeared more open on Tuesday to punishing the Saudi government, telling reporters in the Oval Office he would consider jeopardizing military sales if the Saudi government was officially behind the killing.

Markets Mega Millions means money for education - but how much?
Author: 0 Mega Millions means money for education - but how much?

Gilliland said five $50,000 Powerball tickets were sold in Fredonia, a northern Arizona city, Tucson and Phoenix since October 13 and nine $10,000 Mega Millions tickets were sold, mainly in the Phoenix area, since October 12. Players have 365 days after the date of a drawing to claim prizes. Officials don't have an estimate on how many tickets would be sold for that potential drawing , and they haven't said how large the estimated prize would be.

Markets Italy to respond to European Union in time-PM office - English
Author: 0 Italy to respond to European Union in time-PM office - English

Luigi Di Maio told a late-night talk show that the draft presented to the Italian president contained a proposal to extend a tax amnesty on money held overseas and brought back to Italy. 19, 2018. He said that the 2.4 percent deficit in and of itself was not the key issue. Italy projects this will widen by 0.8 percent, more than the 0.6 percent improvement Brussels wants.

Markets Saudi attorney general says Khashoggi was killed during fight in consulate
Author: 0 Saudi attorney general says Khashoggi was killed during fight in consulate

However, in a conflicting report, an unidentified official told Reuters on Sunday that a team of 15 agents had acted without Crown Prince Mohammed bin Salman's authorisation to kidnap the journalist. Two days after Khashoggi's disappearance, Saudi Crown Prince Mohammed bin Salman told Bloomberg News that the journalist had left the consulate. "It's early, we haven't finished our review or investigation".

Markets Glazer's Trip To Saudi Arabia Fuels Manchester United Takeover Rumours
Author: 0 Glazer's Trip To Saudi Arabia Fuels Manchester United Takeover Rumours

According to his fiancee, Khashoggi entered the Saudi consulate in the Turkish city of Istanbul and never came out. The losses wiped out all the market's gains in 2018, although it is still up 8% from a year ago. Cengiz said in the article that Khashoggi had been "cheerful" on the morning they traveled together to the consulate, and that the couple had made plans for the rest of their day.

Markets Saudi slams 'baseless lies' over Khashoggi's disappearance
Author: 0 Saudi slams 'baseless lies' over Khashoggi's disappearance

Saudi Interior Minister, Prince Abdulaziz bin Saud bin Naif bin Abdulaziz, "stressed that what has been circulating in terms of supposed orders to kill Jamal are outright lies and baseless allegations against the Kingdom's Government, which is committed to its principles, rules and traditions and is in compliance with global laws and conventions".

Markets Trump reluctant to cancel arms sales to Saudis
Author: 0 Trump reluctant to cancel arms sales to Saudis

Justin Trudeau says Canada has been and continues to be clear and strong with the kingdom of Saudi Arabia about defending human rights. The Saudis have strenuously denied the allegations, but admit Mr Khashoggi did enter the consulate. Pressure has been growing on the Saudi authorities, with MPs calling for the Government to downgrade its relationship with Saudi Arabia and global business leaders, including Sir Richard Branson, beginning to boycott the oil-rich kingdom.

Markets IMF Raises Russia's GDP Growth Forecast to 1.8% in 2019
Author: 0 IMF Raises Russia's GDP Growth Forecast to 1.8% in 2019

The IMF expects the USA economy to grow 2.9 percent this year, the fastest pace since 2005 and unchanged from the July forecast. The latest IMF "World Economic Outlook" report released at the IMF-World Bank Annual Meetings in Bali on Tuesday hints at possible further negative shocks to growth prospects.

Markets Musk Sees
Author: 0 Musk Sees "Victory" Tuesday, SEC Deal: Tesla Jumps

Tesla saw its stock price plunging after the SEC filed a lawsuit against Elon Musk over his now infamous "funding secured" tweet . The regulator decided that Musk " knew or was reckless in not knowing " about false information contained in his posts.

Markets Elon Musk Resigns As Chairman Of Telsa
Author: 0 Elon Musk Resigns As Chairman Of Telsa

The settlement comes just two days after the SEC sued Musk for fraud and sought to block the way of entrepreneur from running affairs of Tesla or any other publicly-traded company. Musk won't be eligible to be re-elected as chairman for three years. The tweets had no basis in fact, and the ensuring market chaos hurt investors, the SEC said.

Author: 0 US Will Almost Certainly Miss NAFTA Deadline

Trump also said he gave Trudeau the cold shoulder "because his tariffs are too high and he doesn't seem to want to move - and I told him, 'Forget about it'". Get direct access to our top weekly content, contests, and perks. . The president said it would be called "USM", for the US and Mexico, instead of "USMC", and offered blunt criticism of the Canadian team engaged in the talks.

Author: 0 Price of oil could reach $100/barrel by late 2018 or early 2019

On Tuesday, Brent oil hit $82 per barrel for the first time since 2014. While some, such as Citi's Ed Morse, suggests that an SPR sale could "knock a couple of bucks off the oil price", others, such as Hess Corp's Greg Hill are skeptical: "It won't drop oil from $80 to $65, and any effect would be short-term".

Markets FDA declares vaping 'epidemic' among teens
Author: 0 FDA declares vaping 'epidemic' among teens

As of September 1, the FDA said it has conducted 978,290 retail inspections, issued 77,180 warning letters to retailers for violating the law, and initiated 18,560 civil money penalty cases in its checks of retail establishments selling tobacco products.

Markets Apple should make its products in United States to avoid tariff hit
Author: 0 Apple should make its products in United States to avoid tariff hit

Earlier speculation was that those tariffs, proposed in July, would take effect in early October, though trade associations have been gearing up for the announcement to come as early as the end of this week. The U.S.'s ability to continue to dominate telecommunications technology, including the upcoming fifth-generation phone networks, will be hampered by the levy on imports from China.

Markets Tesla Bonds Fall as Chief Accountant Resigns
Author: 0 Tesla Bonds Fall as Chief Accountant Resigns

He added that he still believed in Tesla , that "I have no disagreements with Tesla's leadership or its financial reporting". Gabrielle Toledano , vice president of human resources, announced that she would not be returning after her leave of absence.

Markets Obama: 'Republican Party cozying up to Russian Federation, ex-KGB boss'
Author: 0 Obama: 'Republican Party cozying up to Russian Federation, ex-KGB boss'

Obama said it's not an exaggeration to say the midterm elections are the most important in his lifetime. "He is a symptom, not a cause", Obama told students at the University of IL at Urbana-Champaign. "More often, it's manufactured by the powerful and the privileged who want to keep us divided and keep us angry and keep us cynical because it helps them maintain the status quo and keep their power and keep their privilege".

Markets Oil Climbs as Market Eyes Iran Supply Risks
Author: 0 Oil Climbs as Market Eyes Iran Supply Risks

Oil prices rose on Monday, supported by concerns that falling Iranian output will tighten markets once US sanctions bite from November, but gains were limited by higher supply from OPEC and the United States. On Friday, WTI crude oil settled at $69.80 a barrel while ICE Brent crude closed at $77.42. In July, Japan lifted more than 183,000 barrels per day of Iranian oil , raising imports for the third consecutive month year on year.

Markets Ramaphosa: China is not trying to re-colonise Africa
Author: 0 Ramaphosa: China is not trying to re-colonise Africa

He says cooperation between China and Africa has brought about many fruits. "Resources for our cooperation are not to be spent on any vanity projects but in places where they count the most", he said. He added that China values sincerity and trust in pursuit of partnership cooperation and has neither any attachments to the strength in the continent nor seek any gains while cooperating with Africa.

Markets Talks with Canadian officials expected after US-Mexico deal
Author: 0 Talks with Canadian officials expected after US-Mexico deal

The new agreement - pending the required signatures - could also change the proportion of a vehicle that must be made by workers who are paid $16 per hour or more . "If they'd like to negotiate fairly , we'll do that". But critics of the deal suggest it has led to significant job losses within the U.S. market, with companies shifting operations to Mexico due to lower production costs.

Markets Mobile discovers security breach of customer information
Author: 0 Mobile discovers security breach of customer information

If you don't receive a text from T-Mobile by day's end, you're likely in the clear. T-Mobile and MetroPCS customers with questions about the breach can dial 611 from their phones. The Bellevue, Wash. company said its cybersecurity team discovered an "unauthorized access" on August 20 and reported it to law enforcement. T-Mobile began notifying customers of the intrusion this week and encouraged them to contact customer service with any concerns.

Markets Trump threatens to
Author: 0 Trump threatens to "get involved" if Federal Bureau of Investigation doesn’t investigate Hillary Clinton

A chief focus for investigators was Cohen's role in making payments during Trump's campaign to women who claimed they had sex with Trump, and whether campaign finance laws were violated. The Cohen investigation was referred to federal prosecutors in NY by USA special counsel Robert Mueller , who is looking into Russian interference in the 2016 election and possible co-ordination between Trump's Republican campaign and Russian officials.

Markets EUR/USD flirts with 1.1600 ahead of Jackson Hole
Author: 0 EUR/USD flirts with 1.1600 ahead of Jackson Hole

Though he did not directly address the geopolitical turmoil, Powell did say that if strong growth in income and jobs continues, further gradual increases for the federal funds rate will "likely be appropriate". Mester is a voting member of the Fed's policy committee this year. There had been concern that Jerome Powell would lay out an accelerated series of rate hikes despite recent wobbles in emerging market economies.

Markets Alarm over Donald Trump complaints about his pick for US Fed chair
Author: 0 Alarm over Donald Trump complaints about his pick for US Fed chair

Treasury Secretary Steven Mnuchin recently told reporters that he had personally spoken to Trump about the central bank and that the president respects the independence of the Federal Reserve. "Most Fed-watchers are of the view that Powell is emphasising the need for financial stability and with a positive USA economic backdrop is obliged to tighten policy".

Markets Turkish lira rallies as Qatar makes $15 bil. loan pledge
Author: 0 Turkish lira rallies as Qatar makes $15 bil. loan pledge

Brunson, an Evangelical pastor residing in the coastal province of Izmir, is standing trial in Turkey over terrorism charges. The diplomatic spat is also taking a toll on Turkey's currency, the lira . The conflict between North Atlantic Treaty Organisation allies is even more personalized because of U.S. President Donald Trump and Turkish President Recep Tayyip Erdogan, whose uncompromising statements contribute to a sense that the tension will ratchet up before any possibility of a ...

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