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Stories about Economy

Oct 27 2017

Oil prices rise as USA stockpiles expected to decline

The market has been concerned that, once the supply cut deal comes to an end, producers will ramp up supplies again, causing prices to fall. Minister Khalid al-Falih, ...

Oct 27 2017

United Kingdom economic growth strengthens in third quarter to 0.4 per cent

PwC's chief economist John Hawksworth said, "These numbers do not change the big picture for the United Kingdom, which is of an economy that has slowed due to higher infl...

Oct 25 2017

HBC to sell Fifth Avenue flagship Lord & Taylor store

HBC expects the transaction to result in an aggregate debt reduction of C$1.6 billion and an increase in total liquidity of about C$1.1 billion. Hudson's Bay Company an...

Oct 25 2017

Cuomo signs legislation adding e-cigarettes to Clean Indoor Air Act

The bill adding e-cigarettes to the state Clean Indoor Air Act was sponsored by Assemblywoman Linda Rosenthal and state Sen. The blanket restriction will not apply to peo...

Oct 25 2017

AAA: Gas prices slowly sliding toward seasonal savings

Gasoline prices rose steadily after Hurricane Harvey swept through Louisiana and Texas in late August, causing shutdowns of refineries that reduced the supply of gasoli...

Oct 23 2017

Bill O'Reilly's Lawyer Slams Latest NYT Report

In February, aware of Wiehl's claims and the settlement, 21st Century Fox offered O'Reilly a new four-year contract at $25 million a year, up from about $18 million. O'...

Oct 23 2017

Gujarat poll drama: Congress wins over Hardik Patel, BJP gets aides

Not to be left behind in the race for Gujarat, the Congress appealed to Patidar leader Hardik Patel to join forces with the party against the BJP. The minimum age req...

Oct 22 2017

RBI underlines: must link all bank accounts with Aadhaar

The government had also made Aadhaar mandatory for opening bank accounts as well as for any financial transaction of Rs 50,000 and above. It added that these rules have...

Oct 22 2017

Drilling Down Into The Coca-Cola Company (KO)

The company's 2Q17 adjusted EPS exceeded the consensus analysts' estimate of $0.57 but were lower than the adjusted EPS of $0.60 in 2Q16. Finally, Almanack Investment Par...

Oct 21 2017

Blast hits Kabul mosque, several dead

A suicide bomber detonated his explosives in the mosque killing at least 30 worshippers, police said. It noted the toll may rise as several injured people remained ...

Oct 20 2017

Donald Trump's cheque for slain soldier's family 'sent' after family questions whereabouts

Baldridge and two other soldiers were killed by an Afghan police officer in mid-June. If you are keeping score (it's really hard to) Trump reportedly made this fatefu...

Oct 19 2017

Ford F-150, 2017 Ford Super Duty: Recall Alert

The automaker said it will notify customers by letter the week of November 13 to let them know if their trucks are part of the recall. The move is expected to cost the ...

Oct 15 2017

Hartley gets 'dream' Toro Rosso start

Brendon Hartley is Toro Rosso's new driver and will make his F1 debut in Austin next weekend. "What an incredible feeling, I never did give up on my ambition and child...

Oct 14 2017

Shopping With Google Assistant Coming Soon, Target Added to Google Express

Target Corp. joins Walmart and Home Depot among others in partnering with Google on voice shopping as they seek to compete against Amazon's dominance with its Echo de...

Oct 14 2017

Oil prices firm due to Middle East unrest and Chinese imports

Oil prices edged up yesterday, rising for a third day, on signs that markets are gradually tightening after years of oversupply, although the outlook for 2018 remained l...

Oct 14 2017

Facebook Adds New Feature To Take Food Delivery Orders

Reminding you of your friends' birthdays, showing you which of your relatives is racist, meddling in global geopolitics. truly there is nothing Facebook can't do. "First ...

Oct 13 2017

Bitcoin just passed $5000

The news come a month after China clamped down on bitcoin-related activity, ordering domestic bitcoin exchanges to cease operations. Typically for bitcoin , which at...

Oct 12 2017

Texas Tech student charged with capital murder in cop's shooting death

The other cop returned to find East with a gunshot wound and noticed that his body camera was gone but his service weapon was still in his holster, authorities said. More...

Oct 12 2017

Catalonia Suspends Declaration of Independence for Talks with Madrid

Following his declaration to Parliament, Puigdemont and his allies signed an Independence declaration outside the chamber, but its legal validity was unclear. Article 155...