Money

by | June 16, 2018 | 17:05

A majority of policymakers said they now expect a total of four rate hikes this year, up from the three that were originally expected. Though rates are now roughly positive on an inflation-adjusted basis, the Fed still described its monetary policy as "accommodative", with gradual rate increases likely warranted as the economy enters a 10th straight year of growth.

by | June 16, 2018 | 15:16

US Customs and Border Protection will begin collecting tariffs on 818 product categories valued at $US34 billion on July 6, the US Trade Representative's office said. But the White House maintains that any Chinese countermeasures would be unjust and could be met with further U.S. sanctions. China also appealed to other countries to pressure the USA to end recent protectionist trade policies.

by | June 16, 2018 | 15:11

The charges stem from allegations that the two engaged in a scheme to defraud investors and a separate scheme to defraud doctors and patients while at the blood-testing company, the Department of Justice said Friday . Wire fraud charges stem from the fact that Holmes and Balwani purchased ads across state lines, meant to promote the purchase of Theranos blood tests at Walgreens stores in California and Arizona.

by | June 16, 2018 | 14:59

A suspect may have shot the deputies with a gun obtained from them, officials said. They say, the inmate somehow overcame the two deputies and may have shot them with their own service weapon. Both officers were transported to the University of Kansas Hospital where the surviving female officer remains in critical condition. Authorities aren't looking for any other suspects, Blair added.

by | June 15, 2018 | 07:04

Microsoft is testing technology that will track what items people pick up while shopping, and another Redmond company is working with Microsoft on the technology for physical stores, news services reported. A Microsoft spokeswoman declined to comment. The company spent four years building Amazon Go in secret, before launching an employee-only pilot on its Seattle campus in 2016.

by | June 15, 2018 | 04:40

The trade seem, by all accounts, to be winding up in a hitting situation in front of potential new levies on China Friday and in the midst of proceeding with stresses that President Donald Trump will be cutting up the North American Free Trade Agreement signed with Canada and Mexico.

by | June 15, 2018 | 02:49

A taxi ride from downtown Chicago to O'Hare today costs about $40, and can take more than hour in morning traffic. The new rail line, or Chicago Express Loop, will see 12-minute trips in electric vehicles called "skates", from the airport's new terminals to the Block 37 super-station downtown.

by | June 15, 2018 | 01:32

Hawaii is No. 1 on the Out of Reach ranking of states and you should not even entertain the idea of moving there if you want to earn minimum wage and pay for your own place. In the Boston-Cambridge-Quincy metropolitan area, that rises to $27.33. The national housing wage for a modest one-bedroom apartment is $17.90, while the federal minimum wage is $7.25.

by | June 14, 2018 | 12:54

What is interesting is that Griffin and Shams's paper describes Tether as being primarily used by Bitfinex , a major crypto-exchange, to purchase Bitcoin tokens from two other exchanges and most importantly did this only after periods of Bitcoin price declines.

by | June 14, 2018 | 11:32

Tesla has grown rapidly, increasing headcount by more than 15% since the start of the year, according to a company spokesman, so the cuts will leave the headcount higher than it was at the beginning of the year. Tesla's been in " production Hell " for the past nine months as it attempts to ramp up the Model 3. The stock lost did lose some gains following news of the layoffs.

by | June 14, 2018 | 08:49

According to some sources , Apple has asked its iPhone suppliers to make about 20% fewer parts for the iPhones releasing in next half of 2018. However, we are not sure if that is entirely true as the iPhone X features somewhat similar looking camera module with the third "lens" in the center actually being the LED flash (see image below).

by | June 14, 2018 | 07:28

Fed policymakers projected gross domestic product would grow 2.8 per cent this year , slightly higher than previously forecast, and dip to 2.4 per cent next year , while inflation is seen hitting 2.1 per cent this year and remaining there through 2020.

by | June 13, 2018 | 19:52

Since early 2017, OPEC and other oil-producing countries have agreed to reduce supply in a bid to bolster oil prices. Brent crude was trading at $75.83 per barrel, while the US WTI was valued at $66.31. Total OECD commercial oil stocks-OPEC's current gauge of the oil market rebalancing-were 26 million barrels below the latest five-year average, as per preliminary data for April.

by | June 13, 2018 | 18:40

Toyota has installed its data recorders in Grab-operated rental cars to collect driving data - a similar strategy it has employed with Japan Taxi. One Toyota executive will be appointed to Grab's board of directors and a dedicated Toyota team member will be seconded to Grab as an executive officer.

by | June 13, 2018 | 18:00

It said there was now no evidence of any fraudulent use of the information - with the vast majority of the cards having chip and pin protection. According to the company, the vast majority of the cards (5.8M) were protected by chip-and-PIN technology - and it says the data accessed in respect of these cards contains "neither pin codes, card verification values (CVV) nor any authentication data enabling cardholder identification or a purchase to be made".

by | June 13, 2018 | 14:32

Cheeseburger , who also runs Worldwide Wrestling Dojo in Pennsylvania, responded: "A nice breakfast at IHOP is nearly a national pastime at this point". Pressed for details, the company would not give an end date for IHOb but referred to the "tongue-in-cheek name change" and said it was tied to the summer burger promotion.

by | June 13, 2018 | 13:42

US President Donald Trump and North Korean leader Kim Jong-un met at the Capella Hotel on Sentosa Island in Singapore on Tuesday. China suggested Tuesday that the U.N. The withdrawl of support for LGBTQ rights is one of the ripple of consequences from the Trump-Kim summit. Trump said the so-called "military games" would restart if the Kim regime begins acting in bad faith.

by | June 12, 2018 | 05:08

President Donald Trump , left, in the Oval Office of the White House in Washington on May 16, 2018, and North Korean leader Kim Jong Un during a meeting in North Korea , in the photo provided on May 18, 2018. we were able to complete the preparations for the historic summit", Kim told Lee through an interpreter. The MFA also said Lee will meet President Trump separately on Monday.

by | June 12, 2018 | 04:45

IHOP began teasing the name change a week ago on social media, then came the big announcement. The fast-food chain Wendy's has become notorious for its sassy social media presence in the a year ago, with tweets targeting both McDonald's and Burger King.

by | June 12, 2018 | 03:33

The decision went into effect on Monday. Q. What else can we expect next? Under the rules, internet service providers were required to treat all online content the same. "That idea sits at the foundation of internet services, reflects how consumers enjoy the internet today, and despite claims to the contrary, has never truly been in jeopardy".