Finance

Stocks slide on surging Covid-19 cases, stimulus doubts; dollar rises

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S&P hits record high, equals longest-ever bull run

The S&P 500 has been in a "bull market" for 3,453 days, meaning it is at least 20% above a previous low and hasn't suffered a 20% decline from a record high in ...

Dozens of Sears, Kmart stores closing nationwide

The closures are expected to be complete by November. The Clovis Kmart is closing - and Sears stores in the Valley may be shrinking. In January, its initial...

Explained: The campaign finance laws that ensnarled Trump's lawyer

Much has been made over whether we have Trump on tape telling Cohen that he should or shouldn't make one of the payments in cash, but he's very much on tape d...

Trump Demands Fed Help on Economy, Complains About Interest Rate Rises

Even though economists said the central bank was unlikely to act this year, they expected that rising inflation on the back of higher petrol prices would tran...

United Kingdom pushes for export growth in new Brexit strategy

In a speech, Fox said Britain had the opportunity to be a "21st century exporting superpower" to capitalise on trust in goods and services from the UK. Will...

United States businesses against new tariffs on Chinese goods

As one part of the Trump administration tries to end the trade war with China , another part is increasing the pressure. The US is expected to press China ...

Google Pixel 3 XL spotted sporting a certain sort of notch

According to a Bloomberg report, the Pixel 3 XL will feature a notch and edge-to-edge display, while the Pixel 3 will not. The Pixel 3XL is rumoured to spor...

All Orchard Supply Hardware stores to close

Another, Anthony Montoya, who works in the heating and air conditioning business, says he's been going to the store since he was little, but "I guess it's off t...

Australia's Prime Minister Faces Leadership Challenge

He has accepted the resignation of only two ministers including the challenger, Home Affairs Minister Peter Dutton . Peter Dutton is pushing for a second c...

Day one of state capture inquiry gets underway

Zuma, as well as government ministers and staff from state-owned entities, have been accused of awarding unlawful tenders to the Gupta family. Cyril Ramaph...

Crude oil could hit US$100 a barrel by year-end — IHS Markit

Futures on Friday added 0.7 percent in NY amid a slipping USA dollar, strengthening copper and another labor strike at North Sea oil and gas platforms. Howeve...

Israel Will Have to Pay a Higher Price

The settlements are considered illegal under worldwide law, although Israel disputes this. Israel will pay the higher price in peace negotiations with the P...

United States sanctions Russian shipping companies

In Washington, he has said that the European Union should stand "shoulder to shoulder" with the U.S. on a joint approach. Putin then said the June summit with...

Venezuelan jittery ahead of sudden economic reforms

In addition to lopping five zeros off the currency, - which may make it look on paper like the situation has improved, but which does nothing to actually rectif...

ConocoPhillips has settled with PDVSA

PDVSA, the state oil company once the crown jewel of Venezuela's now imploding economy, will make initial payments of US$500 million over the next 90 days, ...

Oil rises in session, but has weekly loss on trade worries

West Texas Intermediate crude for September settlement was swapping hands at around $64.80 in early NY trade on Wednesday, down from $67.32 a barrel a week ear...

Stocks hit all-time highs for the first time since January

Stocks rebounded after a correction in February, a 10% drop from its previous high that was only the fourth of this bull market . The S&P 500 , the broadest...

Trump Won’t Acknowledge the Independence of the Fed

Neil Wilson, the chief market analyst at Capital.com, said in an email on Tuesday morning: "Trump's not thrilled with the Fed raising rates". Trump told ...

The Nation's Largest Bank Will Offer Free Stock Trades to Customers

The move puts JP Morgan up against a host of fintech firms which have entered the retail investing field in recent years, winning over younger users. JPMorgan...

Michael Cohen Accepts Plea Deal

Cohen didn't actually name Trump, but he did say he did this at the direction of "a candidate", not leaving many other options as to who that might be. That p...

We’re ready for a no-deal Brexit, pledges Minister

Barnier said London and Brussels would "negotiate continuously from now on" - with he and his United Kingdom counterpart due to meet again next week. 'If we h...

Dollar dented by Trump's Fed comments

He was surprised that Powell has continued his predecessor's policy of gradually raising interest rates, according to reports . Trump is with his own appoint...

United Kingdom to Call for More Sanctions on Russian Federation

In Washington, he has said that the European Union should stand "shoulder to shoulder" with the United States on a joint approach. "I think the institutions o...

United States rejects Turkey's offer on pastor

Ties between Turkey and the US have deteriorated over a number of issues, such as conflicting aims in the Syrian conflict, Ankara's planned buy of a Russian ant...

Animal Crackers Uncaged In New Box Design

You may not recognize the packaging of Nabisco's classic treat Barnum's Animals crackers the next time you're in the grocery store. The new box shows a zebra,...

Plane blows 2 tires while taking off from New Jersey airport

The London-bound flight carrying approximately 16 people left Teterboro Airport at about 10:50 a.m. when two tires on the small Gulfstream IV blew off after tak...

United States sanctions 6 Russia-flagged vessels, 4 companies & 2 individuals - treasury

The additional sanctions have been made to "disrupt Russian efforts to circumvent our sanctions", said US Treasury Secretary Steven Mnuchin . The United St...

The rand climbs as dollar hit by Trump Fed comments

The euro is off by about 4.3 percent against the greenback this year, beset by concerns over the pace of economic growth in the European Union trading bloc and ...

Jon Stewart rescues runaway goats

Not to be dramatic or anything, but goats continue to conspire against humanity - this time against the people of NY. Seemingly making light of the situat...

Iran nuclear deal: Developments since US walkout

Iran's vice president said on Sunday the government was seeking solutions to sell oil and transfer its revenues despite fresh US sanctions. This triggered spe...