• Kudlow: Europe Agreed to Help Us Confront China
Kudlow: Europe Agreed to Help Us Confront China

The outcome seemed a victory for Mr. Trump, who had assured supporters that his confrontational trade strategy would bear fruit, and who appears to have conceded little in the talks with the EU. USA stocks closed the day mostly lower on Thursday, despite rallying after the announcement, as investors were cautious that the trade threat had fully rec...

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  • Trump claims victory as GDP grows at fastest pace since 2014
Trump claims victory as GDP grows at fastest pace since 2014

The US is experiencing an "economic turnaround of historic proportions", the President said . If you cut taxes and give people and companies money to spend, it's easy to get high growth. Purchases of new autos were a major factor, along with spending on health care, housing and utilities and food services and accommodations. Back in 2016, CNN ev...

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  • Facebook loses $130 bn in just two hour, Zuckerberg $17 bn
Facebook loses $130 bn in just two hour, Zuckerberg $17 bn

As a effect of this drastic fall, the net worth of Mark Zuckerberg also reduced by 15%. Other companies have, in the past, experienced similar plummets on the stock exchange, if not quite as severe as Facebook, who are now battling new data laws and public concern over their privacy policies.

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  • President leaves for BRICS Summit
President leaves for BRICS Summit

China's President Xi Jinping Wednesday opened BRICS summit of emerging economies in South Africa's main city, Johannesburg , with a warning that the world is facing a choice between cooperation or confrontation. This multilateral trading system promotes a predictable trading environment and the centrality of the WTO, it added. As BRICS c...

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  • Trade War Between US and EU Averted (For Now)
Trade War Between US and EU Averted (For Now)

It is unlikely that a slight increase in exports to the European Union will do much to appease them - or reassure the USA manufacturers and auto makers set to suffer from reduced trade with China. "Maybe I'll veto it". "China made $517 billion on us a year ago". "Phase one will be to immediately resolve those issues so there will be no tariffs ...

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  • Second-quarter GDP surges to 4.1 percent, showing strength of 'Trump economy'
Second-quarter GDP surges to 4.1 percent, showing strength of 'Trump economy'

Still, the president claimed the next quarter's numbers will be even better. THE FACTS: Economists do expect a strong number for growth in the April-June quarter, but it is likely to be a temporary bounce. The transformation is also not as dramatic as Trump claims - and in many ways the 4.1 per cent annualized growth during the second quarte...

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  • FREE MAC lipstick on Sunday, July 29
FREE MAC lipstick on Sunday, July 29

The in-store offer is available on Sunday, July 29 at MAC locations nationwide while supplies last. Shoppers can choose from nine different shades, including Tanarama, Aloof, Delish, Chintz, Florabundi, Moxie, Dare You, Epic and Mixed Media, with no purchase required.

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  • Bad week in social media gets worse; Twitter hammered
Bad week in social media gets worse; Twitter hammered

Though that measure was up 2.8 percent from a year earlier, the company expects monthly visitors to fall again in the current period. While Twitter maintains that most of these accounts were dormant and thus not counted in the monthly user figure, the company also warned that its cleanup efforts could affect its counted user base without giving...

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  • Government extends Income Tax Returns filing deadline till August 31
Government extends Income Tax Returns filing deadline till August 31

The Central Board of Direct Taxes (CBDT) notification, however, has not explained the category of taxpayers who can file ITR till August 31. The reason for an extension of the deadline was not stated in the press release. Kuldip Kumar, partner and leader, personal tax, PwC India, said, "Although due date extended. those who have taxes to pay shou...

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  • Putin Ready To Invite Trump To Russia, Visit DC 'If Appropriate'
Putin Ready To Invite Trump To Russia, Visit DC 'If Appropriate'

If the Trump folks were unclear on this, they should have consulted every other president before them. He added: "We are no longer a country that will stand for your demented words of violence and death". "You can criticize him for what he is doing, and some people do criticize him, however, one thing remains absolutely clear - he is committed to...

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  • Stock Showing Surging Activity: Helios and Matheson Analytics Inc. (NASDAQ:HMNY)
Stock Showing Surging Activity: Helios and Matheson Analytics Inc. (NASDAQ:HMNY)

Both the profitability ratios suggest a mixed sentiment for Helios and Matheson Analytics Inc (NASDAQ: HMNY ) and Cleveland-Cliffs Inc. Profitability analysis greatly helps in making investment decision. This company belong to USA Country and part of Technology sector. When bad news hits, the stock price may be greatly impacted. A value of ...

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  • John Schnatter sues pizza company he founded
John Schnatter sues pizza company he founded

In the suit, Schnatter says it's impossible the board took an appropriate amount of time to make informed decisions. which included terminating certain business agreements. The spokesperson said the company was disappointed that Schnatter filed a "wasteful lawsuit " and that it had given him all the materials he was entitled to as a director.

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  • Slack is teaming up with Hipchat -- only to kill it off
Slack is teaming up with Hipchat -- only to kill it off

Atlassian plans to discontinue both products next year, and help customers on both platforms migrate to Slack. Atlassian has made an equity investment in San Francisco-based Slack and will also partner with the company for marketing and sales.

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  • SEC Strikes Down Second Proposal for Bitcoin ETF by Winklevoss Twins
SEC Strikes Down Second Proposal for Bitcoin ETF by Winklevoss Twins

The price of Bitcoin on July 27th, 2018. We do know that this is mostly likely down to the SEC decision to reject the Winklevoss application for a Bitcoin ETF but regardless of what's caused it, it's happening and unfortunately, there's not a lot we can do about it at present.

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  • Trump, Juncker announce deal pulling back from US-EU trade war
Trump, Juncker announce deal pulling back from US-EU trade war

USA import tariffs of 25 percent on steel and 10 percent on aluminum imposed in March will stay in place during the talks, and Trump said Europe had agreed to raise purchases of liquefied natural gas and lower trade barriers to American soybeans.

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  • Trump takes credit for IL steel mill expansion
Trump takes credit for IL steel mill expansion

In response to the carbon monoxide incident on Thursday night, U.S. Steel issued a statement saying "Safety remains a priority for U.S. Steel as we continue to investigate the incident". After she said Trump would sign the bill, the president joked: "Unless I don't sign it". Demonstrators are gathering in Granite City ahead of President Trump's ...

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  • Facebook stock plummets; company's worst trading day since going public in 2012
Facebook stock plummets; company's worst trading day since going public in 2012

That is believed to be the largest one-day drop of any company on the American stock market. (FB.O) co-founder as shares of the social-media giant plunged 19 per cent Thursday. The plummeting stock price wiped out as much as $150 billion in market capitalization and erased the stock's gains since April when Facebook announced a surprising...

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  • Donald Trump strikes trade deal with E.U
Donald Trump strikes trade deal with E.U

He later tweeted that work on documents was "moving along quickly", adding that the meeting with Mr Juncker had "great warmth". Donald Trump warned at a cabinet meeting last week that he would move forward with 25 per cent auto tariffs if the meeting with Mr Juncker didn't go well.

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  • London cabbies to sue Uber for £1.25bn?
London cabbies to sue Uber for £1.25bn?

The group is likely to argue that 25,000 black cab drivers in London suffered lost earnings averaging around £10,000 for at least five years as a result of Uber's failings. Uber lost its license in September because of accusations of a data breach, not reporting sexual assaults, and various other issues with the way it operated.

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  • Qualcomm Surges 7% as It Gives Up on NXP, Boosts Buybacks
Qualcomm Surges 7% as It Gives Up on NXP, Boosts Buybacks

Meanwhile, Qualcomm will have to pay a $2bn termination fee to NXP . United States chip maker Qualcomm on Thursday called off its $44bn attempt to acquire its smaller Dutch peer NXP. All the regulatory hurdles had been cleared except for China . Qualcomm needed China's approval because it accounted for almost two-thirds of its revenue previ...

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