Economy

Wary Investors Push Oil Prices Back Down

Investors became cautious after a solid third-quarter gain. For sure, US oil production has failed to grow significantly this year, with output in June at 9.1...


IRS: New Equifax contract a stopgap as we switch vendors

Equifax had disclosed on September 7, along with the hacking incident, that three of its top executives, including its chief financial officer, had sold $1....


Equifax hack affected 2.5M more Americans than first believed

Equifax Inc ( EFX .N) was alerted in March to the software security vulnerability that led to hackers obtaining personal information of more than 140 million A...


Trump Touts 'Giant, Beautiful, Massive' Tax Plan to Manufacturers

The goal here is to make American corporations more competitive with their worldwide counterparts who typically pay lower rates. In fact, with a sharp scalpel...


San Francisco Becomes the First City to Sue in Equifax Breach

Yet another storm just as brutal but financial in nature is also raging and affects at least 143 million Americans , as well as consumers in Canada and the Uni...


The iPhone 8 is actually meeting sales expectations

Shares of Apple Inc dipped on Monday and flirted with correction territory following a report that the company had told suppliers to scale back shipments of...


White House tax plan would cut corporate, individual tax rates

Many Republican lawmakers have said 15 percent is unrealistic, and they instead proposed numbers in the low- to mid-20s. Or will some of it get pushed into the...


Global Energy Report: Oil Gains Ahead Of OPEC Meeting

This could mean that producers who use Brent as a benchmark will have to offer greater discounts in order to compete in Asia against USA crudes. As one of Ni...


Pound slips against euro ahead of May's Brexit speech

Sterling slid to session lows, with cable - sterling/US dollar - dropping almost a cent to under US$1.35 as the market decided at first that the speech moved ne...


Trump, Pence, McConnell Rally for Alabama's Sen. Strange

Bannon and former Trump foreign policy adviser Sebastian Gorka will be in Montgomery on Thursday night to rally for Roy Moore . The victor of Tuesday's run-off...


Markets subdued ahead of Fed policy decision

Any signs of continual weakness in the economy could lower the odds of a Fed rate hike. The dollar was 0.4 percent higher at 112.610 yen after brushing 11...


Metals: Gold Prices Rise as Investors Await Fed

Federal Reserve Chair Janet Yellen says the "severe disruptions" from Hurricanes Harvey, Irma and Maria will briefly hold down economic growth. Yellen ca...


USA dollar surges after Fed policy statement

In commodity markets, metals shifted lower and oil prices steadied near last week's multi-month highs. Nicholas Wall, portfolio manager of the Old Mutual Stra...


Federal Reserve weans US off stimulus

Before the financial crisis happened, the Feds were operating with $900 billion before it went on acquiring more assets to revive the struggling economy. To r...


Flipkart Big Billion Days Sale: Big discounts on smartphones and laptops

Flipkart's direct competitor, Amazon , hasn't been spared too. Sony Bravia's 40-inches full HD LED TV is being rolled out at 22% off for Rs 36,990, instead o...


Toys 'R' Us collapses into bankruptcy thanks to crushing debt

Rest easy, kids. Toys "R" Us Inc . isn't going anywhere, at least not if the makers of Barbie and Transformers have their way. Toys R Us operates 1,695 sto...


Asian stocks flat as investors await Fed meeting results

The pickup in oil prices helped lift energy stocks . The pound, which had surged last week when the Bank of England hinted a rate increase was coming, was at $...


Lewis Hamilton claims 'fortunate' win after Vettel's early crash

Hamilton drove an impressive race to win at Marina Bay , overcoming hard, wet conditions and repeated safety auto interruptions and had little time for a f...


Bitcoin China to cease digital assets trading

The lack of any central authority makes bitcoin remarkably resilient to censorship, corruption - or regulation. The Chinese central bank has not responded to ...


Top Chinese bitcoin exchange shuts down

If you're a Bitcoin trader in the year ahead - especially a short-term trader - you're basically a bettor on regulation headlines. Bitcoin's sell-off cont...


Lawmakers Demand Investigation, Protections For Consumers Affected By Equifax Data Breach

The watchdog agency says consumers have a right to participate in such legal actions despite having already entered into a basic user agreement - the fine print...


UN Security Council unanimously approves new sanctions on North Korea

On Monday, a second US-drafted United Nations resolution targeted North Korea's textile exports, further cut its ability to send workers overseas, curbed re...


Blake Bortles plays game manager in win over Texans

With Watt back in the fold, teaming with linebackers Jadeveon Clowney and Whitney Mercilus, the Texans expected an even more dominating unit. We know Savage's...


How to find out if you're affected by the Equifax hack

Also, the thieves accessed what Equifax called some dispute documents containing personal identifying information for about 182,000 consumers. "To confirm, ...


Hurricane Irma forecast prompts local hurricane watch

McMaster did rescind the order for mandatory evacuations for healthcare facilities in the following counties: Horry, Georgetown, Berkley, Charleston and Dorch...


5% of US Gulf Oil Output Still Shut After Harvey

Hurricane Irma, the most powerful storm ever to form in the open Atlantic Ocean, was moving toward Puerto Rico late Tuesday after being upgraded to "extremely d...


Gas prices in VA up 22 cents since before Harvey

Meanwhile, the average price of regular unleaded gas in IN going into Labor Day is $2.52 - up from $2.36 at the beginning of August and $2.27 at the same time...


Gas Prices Surge Higher, Thanks Harvey

Gulf Coast. "We are ensuring an even greater supply of gasoline so we can tamp down any concern about accessibility to fuel that people may want to access over ...


US Crude Rallies; Gasoline Futures Hit Two-Year High

In Virginia, prices rose to $2.19 per gallon. "I don't think we are going to see shortages and long lines, except in the flood zones and here and there", Lipo...


Gas prices predicted to rise in Virginia in the wake of Harvey

But global oil prices have continued to fall. Four ports including those in Galveston and Texas City partially have reopened but it wasn't clear if the rest...


Sandra Bullock donates $1M toward Harvey relief efforts

Make sure the charity has the ability to take action. The Better Business Bureau Wise Giving Alliance has charity reports on thousands of US charities. Thousa...


Local Red Cross chapter accepting blood donations for Texas victims

Most of the volunteers will work in shelters around Texas. Nic Nunn-Faron a Disaster Program Manager with the Red Cross , said they were able to send bo...


Monmouth Real Estate Investment (NYSE:MNR) Stock Is Shorted Less

Some investors may choose to start with industry research first and eventually filter down to individual stock picks. Ronna Sue Cohen now controls 145,891 share...


Salvation Army call to Nebraskans to help with hurricane disaster relief

Please designate "Hurricane Harvey" in check memo lines. Last year, he says more than 30 million Americans were assisted by the Salvation Army in some way. It...


Gasoline Prices Up After Harvey Wrecks Texas Refineries

The effects of Hurricane Harvey are expected to be felt more than 1,200 miles away in Wisconsin. Indeed, exports have already increased by about a third thi...


Trump to visit Corpus Christi, Austin to see Harvey recovery

With neighboring Louisiana squarely in the storm's path, Harvey, now a tropical storm, is pressing eastward and is expected to make landfall again late Tuesday ...


Who will lead European Central Bank?

Although the euro zone economy is growing for the 17th straight quarter, big gaps have opened between the bloc's core and peripheral members, and between the ...


Haryana Tense But Under Control, Dera Sacha Sauda Ashrams In Kurukshetra Sealed

Fifteen Dera followers have been arrested since last night here, police said. Ahead of assembly polls in 2014 in Haryana , the dera chief had extended su...


Amazon Will Cut Whole Foods' Prices, Immediately

Customers can have products shipped from Amazon .com to their local Whole Foods store for pick up or send returns back to Amazon during a trip to the store. ...


How concerned are you about the prospect of a government shutdown?

Yesterday President Trump vowed to shut down the federal government if Congress refuses to cough up the dough for the southern border wall that the Amer...


Trump enraged that McConnell won't 'protect' him from Russian Federation investigations

In fact, at least one prominent lawmaker said a lack of progress in September could lead to significant losses for Republicans on Capitol Hill if they can...


US stocks advance, dollar drops as bonds rise - Standard

Yesterday's near 80 pip move in EUR/USD was somewhat surprising given the lack of any major announcements and could be attributed to profit taking ahead of th...


BHP Billiton to quit United States shale oil and gas business

BHP's decision to sell its USA shale assets have overshadowed some otherwise strong numbers. Higher commodity prices helped BHP to reduce its debts by $10b...


Kohli hopes to keep Dhawan in his 'happy zone'

If the Windies side manages to win all their matches it will take them to 88 points while a 5-0 loss against India will take Sri Lanka's rating to 86. Dickw...


Spanish Police Hunt Suspected Terrorists in Attacks Killing 14 in Barcelona, Cambrils

Several hours later, a speeding vehicle killed one person and injured five in the seaside resort of Cambrils. Two suspects, one from Morocco, one from the Spa...


'You Can't Change History': Trump Bemoans Removal Of Confederate Statues

Bro said "three more frantic messages from press secretaries" followed throughout the day Wednesday, but she said she did not immediately respond because sh...


Kieran Trippier could return to Tottenham lineup for Chelsea clash

While Eden Hazard and Tiemoue Bakayoko both played in a secret friendly against QPR U20s on Thursday and might be in contention. " Pedro has trained with ...


North Korea's Kim to Trump: It's your move

Jeremy Corbyn has urged Donald Trump and Kim Jong-un to "calm down" to avert a catastrophic nuclear war between the United States and North Korea . Pyon...


Experts suspect North Korea is 'still mastering' nuclear missile delivery

The war planning came during the leader's visit on Monday to the the headquarters of Strategy Division of the North Korea's People's Army. But it wasn't kno...


Welcoming the solar eclipse: Library hosts fun-filled week for upcoming eclipse

North America will get a celestial treat August 21 when a total solar eclipse cuts a path across the U.S. It is, unlike solar, can be several times a year. P...