Money

by | December 04, 2018 | 16:27

For about 327 million of the total 500 million affected, the compromised information included data such as names, mailing addresses, phone numbers, email addresses, passport numbers, Starwood Preferred Guest account information, date of birth, gender, arrival and departure information, reservation date and communication preferences.

by | December 04, 2018 | 12:33

Democratic Senator Sherrod Brown of OH says the USA needs to reopen discussions with Mexico and Canada on trade. Trump, Prime Minister Justin Trudeau and former Mexican president Enrique Pena Nieto signed the new U.S. The agreement, if approved, would be for five years, but Crawford thinks that is a mistake. Trump had to submit the text of the agreement to Congress by Friday to set up a slim chance of passing implementation legislation for the deal before January, when Democrats will ...

by | December 04, 2018 | 04:54

Jerome Powell said that the central bank's base interest rate was "just below" estimates of a "neutral" level - one that would neither stimulate nor cool the economy - and that officials were flexible about where it should be, despite forecasting several increases in the coming year.

by | December 04, 2018 | 04:25

President George H.W. Bush, who died November 30, 2018 at the age of 94, had a flamboyant sense of good-humored style, at least when it came to his socks . According to Sully's Instagram account , he also spent a lot of time frolicking on the beach and playing fetch. He will be joining the Walter Reed National Military Medical Center's Facility Dog Program after the holidays, America's VetDogs announced.

by | December 03, 2018 | 22:13

U.S. President Donald Trump's administration has made clear it does not want to torpedo the longstanding U.S. relationship with Riyadh, however. Volvo, owned by Chinese carmaker Geely, prepares to relocate most of the production of its best-selling XC60 SUV for export to the USA market away from its Chengdu plant in China to Torslanda in Sweden.

by | December 03, 2018 | 19:50

Analysts at Danske Bank suggest that markets in Asia were buoyed by the trade agreement between the U.S. and China at this weekend's G20 meeting as the agreement between the United States and China provided a 90-day truce allowing for negotiations on a permanent trade deal.

by | December 03, 2018 | 19:50

The price of "black gold" are rising in anticipation of production cuts and supply of raw materials, which is likely to be accepted members of OPEC + 6 December at the Ministerial meeting in Vienna . France's President Emmanuel Macron, who has faced intense protests against growing gasoline prices in his country, also called for cheaper oil at the G-20 summit.

by | December 03, 2018 | 18:54

The Gulf state produces 650,000 barrels of oil per day and comes as the world's number-one exporter of liquefied natural gas . The decision comes as OPEC prepares to meet this week to review its output and just after Saudi Arabia and Russian Federation reaffirmed their commitment to manage production to balance the oil market.

by | December 03, 2018 | 03:08

It comes as Sushovan Hussain, Autonomy's former chief financial officer, was convicted of fraud in a United States court earlier this year. Autonomy , a highly successful business based in Cambridge and San Francisco, was sold to HP for £8bn in 2011.

by | December 02, 2018 | 14:28

The two-year Treasury yield-most reflective of the Fed rate policy-fell to 2.79% after an earlier high of 2.85%. Powell has been gradually raising rates since he was confirmed to his position by Trump in January. Trump on Tuesday again blasted his hand-picked chief of the U.S. central bank, saying he was "not even a little bit happy" with his selection of Powell.

by | December 02, 2018 | 02:16

On Monday, tech giant Microsoft briefly overthrew Apple as the most valuable company in the United States, with a market share of $812.93 billion, followed by Apple at a market cap of $812.60 billion. When he took over in 2014 , the executive said he wanted to focus on subscription-based business and the cloud. Shares have fallen more than 25 per cent from record levels.

by | December 01, 2018 | 12:42

Speculation, however, is rife that the two leaders will not easily make concessions over trade issues, as Trump has continued his threats to take additional measures against China despite Xi's eagerness to resolve the ongoing trade dispute through dialogue.

by | December 01, 2018 | 05:30

The change comes months after Powell indicated plans to raise interest rates and cool down the USA economy, moves that run counter to President Donald Trump's expansionary moves, including last year's tax cuts. "Powell is not suggesting that since they are just below the range they may stop soon". "Certainly, all meetings are live now". Powell has tried to delicately explain how the Fed is weighing future policy moves by using the analogy of walking into a pitch-black room filled with ...

by | November 30, 2018 | 22:13

November still marks the largest one-month drop for oil since the financial recession ten years ago, having lost about 22 percent so far. U.S. crude oil production rose 129,000 barrels per day (bpd) in September to a fresh record of 11.475 million bpd, the U.S.

by | November 30, 2018 | 18:24

President Donald Trump Trump celebrated a major political win Friday, joining the leaders of the Mexican and Canadian governments in signing a new North American trade deal that overhauls the rules governing more than $1.2 trillion in regional commerce and closes the door on a quarter-century of unbridled globalization.

by | November 30, 2018 | 16:42

The report found that funding risks are relatively "low" compared to the period leading up to the financial crisis. Among them: "historically high" business debt, deteriorating credit standards and bigger appetite for risk-taking by investors.

by | November 30, 2018 | 13:40

Meanwhile, the president has simply ignored the Cassandras who have warned all along that those tariffs would rattle those industries which manufacture products out of steel and aluminum-domestic auto manufacturing being one of the biggest.

by | November 30, 2018 | 10:02

According to U.S. and British regulators, Deutsche Bank's anti-money laundering control mechanisms failed to spot sham trades with a value of up to $10 billion, not knowing who the customers involved in the trades were and where their money came from.

by | November 30, 2018 | 08:09

He said the goods that would be affected represented only "a fraction of our economy" and that the USA was in "better shape to weather this than the Chinese are". A 10 percent tariff on $200 billion of those goods is due to rise to 25 percent on January 1. The prospect of tariffs of 25 percent on imported autos and parts has sent shockwaves through the auto industry, with both USA and foreign-brand producers lobbying against it and warning that national security tariffs on European Union ...

by | November 30, 2018 | 07:43

Canada Post worker Hakim Kaddouri told CBC News the back-to-work legislation is frustrating, since it's the second time since 2011 that the federal government has ended Canada Post strikes in such a fashion. Canada Post says once it receives mail or parcels, they'll be processed and delivered on a first-in first-out basis. Johnson pointed out that back-to-work legislation isn't resolving any of the real demands postal workers are making at the bargaining table.