• Fed criticism drives dollar to eight-week low against yen
Fed criticism drives dollar to eight-week low against yen

None of that has happened over the course of the Fed's existence, though, and that's why the President's comments have raised more than a few eyebrows. "We do our work in a strictly nonpolitical way, based on detailed analysis, which we put on the record transparently". "Presidents have always made comments on how they think economic policy sho...

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  • U.S. imposes fresh sanctions over Russian cyber attacks
U.S. imposes fresh sanctions over Russian cyber attacks

The targets of the new sanctions will not have access to the USA financial system or their US -based assets. The top USA diplomat for Europe is warning that Russian Federation is attempting "to break apart the American republic" and that making that threat about USA politics "would be a gift to Putin" and "the most risky thing in the world we can...

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  • French oil major Total backs out of Iran as USA sanctions bite
French oil major Total backs out of Iran as USA sanctions bite

Iran's Petroleum Minister Bijan Zanganeh says French energy giant Total has officially left the country, ending speculations over whether it would stay to finish a gas project following the return of U.S. French President Emmanuel Macron has repeatedly called for safeguarding the Iranian nuclear deal and defended the interests of European Union c...

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  • United States dollar weakens after Trump slams Fed rate hikes
United States dollar weakens after Trump slams Fed rate hikes

Against the Swiss franc CHF= , the dollar weakened to its lowest since July 9, last at 0.987. It has also penciled in three more rate hikes in 2019. United States businesses have a message for the Trump administration: New tariffs on $200 billion of Chinese imports will force Americans to pay more for items they use throughout their daily lives,...

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  • Post Malone’s Plane Reportedly Makes Emergency Landing
Post Malone’s Plane Reportedly Makes Emergency Landing

A plane has been diverted after it blew two tires as it took off Monday morning, the Federal Aviation Administration (FAA) said. Malone performed at the VMA awards in NY on Monday night and took home the song of the year award for his hit Rockstar.

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  • Jon Stewart rescues runaway goats
Jon Stewart rescues runaway goats

The MTA said the goats were okay, scampering about a part of the N line around Fort Hamilton Parkway that's been under construction all summer. "They're safe and not now affecting service, but they are on the run", the MTA tweeted along with a photo of the two animals standing several feet away from a worker.

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  • Gatwick Airport CHAOS: Flight information boards go down creating nightmare for passengers
Gatwick Airport CHAOS: Flight information boards go down creating nightmare for passengers

A spokesman said the information boards stopped working "earlier this morning" but was unable to give a precise time. Hordes of passengers have been pictured gathered around whiteboards at the airport to try and find out information about their flights.

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  • Contact Lenses Not Biodegradable, Fragments Found in Water
Contact Lenses Not Biodegradable, Fragments Found in Water

After analyzing various stages of the process, they found that lenses degraded somewhat during waste-water treatment but did not break down entirely, meaning that small fragments of plastic are being flushed out into the water supplies, potentially endangering marine life.

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  • PepsiCo to buy Israel's SodaStream in $3.2 billion deal
PepsiCo to buy Israel's SodaStream in $3.2 billion deal

Waning soda consumption and environmental concern have led soft-drink producers to try to tap the at-home market, though success has been elusive. It reported a 31% year-over-year jump in revenues to $172m (£134m), an 89% leap in operating profit to £32m (£25m) and an 82% climb by net profit to £26m (£20m).

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  • Elon Musk Breaks Down During Interview
Elon Musk Breaks Down During Interview

As far as the SEC is concerned, the question is whether Musk and others from the company's management misled shareholders about the cause of the delays or their extent. The Tesla board's job has become increasingly complex this month. A former member of Tesla's internal investigations team, Karl Hansen, filed a tips, complaints and referral...

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  • House of Fraser apologises after cancelling all online orders
House of Fraser apologises after cancelling all online orders

Outlining the company's decline, EY said House of Fraser took several steps to try to address the issues, securing a £50 million injection of capital in March. The Guardian newspapers reported a source close to Sports Direct as saying the group had been forced to cancel orders as XPO was being "totally unreasonable in terms of their demands" and...

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  • Nvidia Stock Drops 6% as Cryptocurrency Miner-Related GPU Demand Dries Up
Nvidia Stock Drops 6% as Cryptocurrency Miner-Related GPU Demand Dries Up

Even that prediction was too high. Despite the guidance bummer, Merrill Lynch analyst Vivek Arya remains bullish on NVDA shares, reiterating a Buy rating and price target of $340, which implies an upside of 35% from current levels. Analysts on average estimated $3.11-billion. "Developers are jumping on the GPU-accelerated computing model that...

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  • US President Trump says in 'no rush' to get reworked NAFTA deal
US President Trump says in 'no rush' to get reworked NAFTA deal

US Trade Rep Lighthizer says that he is "hopeful" for a breakthrough on NAFTA with the next few days, and Pres. Trump shoots back "OK if there is no breakthrough". Canada, meanwhile, has shown less urgency to complete a revision of the 24-year-old pact, but is expected to return to the bargaining table once the US and Mexico settle their differen...

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  • Donald Trump asks SEC to look into practicality of corp
Donald Trump asks SEC to look into practicality of corp

He suggested that a switch to only half-yearly reporting would save companies money, echoing the wishes of several top chief executives. President Donald Trump says he's asking federal regulators to look into the effectiveness of the quarterly financial reports that publicly traded companies are required to file.

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  • Five people still missing after Genoa bridge collapse
Five people still missing after Genoa bridge collapse

Officials have said the buildings will be demolished as it's now too risky for people to stay there. But some are reportedly staying away because of anger at the government over allegations of negligence. But rescuers have not given up hope of finding someone alive. The cause of the unexpected tragedy is not yet clear. An engineering study co...

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  • Elon Musk’s
Elon Musk’s "taking Tesla private" tweets attract official SEC subpoena

The SEC has reportedly demanded more information regarding the statement that. Earlier this week, Musk said his funding claims referred to conversations with the Saudi sovereign wealth fund, which he said had approached him "multiple times" about taking the electric vehicle company private.

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  • White House Calls On Turkey to Release American Pastor Andrew Brunson
White House Calls On Turkey to Release American Pastor Andrew Brunson

Strategic alliance or Muslim solidarity? Brunson's lawyer said he would appeal again in 15 days. Andrew Brunson has been held in Turkey for almost two years over alleged links to political groups. United States treasury secretary Steven Mnuchin warned the country will turn up the heat on under-fire president Recep Tayyip Erdogan by imposing ...

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  • Turkey's lira falls 3%, Trump won't take pastor's detention 'sitting down'
Turkey's lira falls 3%, Trump won't take pastor's detention 'sitting down'

Officials from President RecepTayyip Erdogan's office said the pledge was made by Sheikh Tamim bin Hamad Al Thani, who met with the Turkish leader Wednesday. Moody's stripped Turkey of its investment-grade rating in 2016 and Friday's move lowered it one rung further. Hopes that China and the United States could ease trade tensions helped Chines...

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  • Turkey and France agree to work together against United States economic moves
Turkey and France agree to work together against United States economic moves

Analysts also said the political cost of the investment remained to be seen, given that Qatar is also a USA ally and dependent on Washington for both military and political protection. He later tweeted: " Turkey has taken advantage of the United States for many years ". On Friday, a court rejected another appeal to free him. The ongoing case ...

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  • Rail fares rises: Grayling pleads with unions and train firms
Rail fares rises: Grayling pleads with unions and train firms

But union bosses hit back and accused Mr Grayling of trying to cap pay rises in the process. Transport secretary Chris Grayling has said he is looking for future rises to be based on the Consumer Price Index for July - which was 2.5% this year - but that prompted anger from the RMT who fear it will lead to a cap in their members' pay rises.

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