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Turkey hikes rates to support currency, fight inflation

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Gas prices could drop under $2 this fall, here's where

AAA forecasts crude oil prices to range between $50 and $60 per barrel this fall, a considerable drop from last fall when prices ranged from $60 to $75. "The c...

Donald Trump Lashes Out At China, Vows Quick Response To Tariffs

BEIJING-China unveiled on August 23 retaliatory tariffs against about $75 billion worth of US goods , putting an additional 10 percent on top of existing rates...

Volkswagen denies claims it is interested in Tesla stake

However, since then, Volkswagen spokesman Pietro Zollino has refuted these claims, calling them "completely unfounded". "Diess would go in right away if he...

Pembina Pipeline to buy Kinder Morgan Canada for $4.5B

Trading volume in stock market is the number of shares or contracts that point towards the full activity of a security or stock market for a given period. Sto...

Walmart and Tesla pause in lawsuit over rooftop solar panel fires

Walmart and Tesla are actively negotiating to resolve the lawsuit Walmart filed against Tesla earlier this week over defective solar panels , the two compa...

China announces new round of retaliatory tariffs on US goods

In an interview on CNBC , Federal Reserve Bank of Cleveland President Loretta Mester said she viewed the Chinese retaliatory tariffs as "just a continuation"...

CMC Markets sees higher annual profit as Australia regulatory changes loom

CMC and its rivals, Plus500 Ltd PLUSP.L and IG Group IGG.L , have had to weather a drop in clients over the past year as regulators in Europe and Britain tigh...

Gold reclaims $1500 mark as focus turns to Fed

The most active gold contract for December delivery went up 4.1 USA dollars, or 0.27 percent, to close at 1,515.70 dollars per ounce. -China trade war and expec...

Inflation hits Bank of Canada 2% target for 2nd-straight month

On their own, the readings don't apply immediate pressure on the inflation-targeting Bank of Canada to adjust interest rates. The strong number also lowered t...

Trump Hits Back at China With More Tariffs Following China’s Retaliation

Among U.S. goods targeted by Beijing's latest tariffs were soybeans, which will be hit with an extra 5% tariff starting September 1. The $300 billion worth of i...

Congressman Seth Moulton drops out of the Democratic presidential race

Moulton, a 40-year-old Iraq War veteran who plans to seek re-election to the district he represents in MA, failed to garner the support he needed to qualify for...

Need an FM with basic understanding of economics: Cong slams Sitharaman’s announcement

India's finance minister said the global growth rate is forecast at 3.2 per cent, asserting that global demand is weak at the present. Sitharaman passed the o...

Trump takes aim at automakers that ignored his emissions proposal

Several major automakers, including Ford, Honda and Volkswagen, made a decision to conclude an agreement with California last month, and others are about to joi...

Stocks drop after Trump 'orders' United States companies to leave China

Those comments came after Trump proclaimed himself " the Chosen One " Wednesday as he defended his trade war against China, indicating that it was his destiny t...

Amazon picks up 49% stake in Kishore Biyani’s Future Coupons

If the deal with Amazon has been clocked at a premium then what can possibly explain the stock price reaction? This can mean Amazon will hold about 3.58 perce...

7 in hospital in Hawaii after smoke fills plane

Hawaiian Airlines Flight 47 was approximately 20 minutes away from scheduled noon landing in Honolulu when emergency was declared. Hawaiian Airlines Fligh...

HP CEO Dion Weisler Stepping Down, Enrique Lores to Replace Him

Lores is now president of HP's imaging, printing and solutions unit. Weisler will remain with the company through January 2020 to ease the transition and then...

What is the yield curve and why it matters

The Dow Jones fell 3.05% after the yield curve inversion saw the two-year yield rise above 1.628% and the 10-year yield go below 1.619% on August 14, the signal...

New Logo For Volkswagen - The German Make VW Is Changing Its Mark

Volkswagen will be moving away from the 3D bubblelike blue-and-white VW sign to a flat, simple black-and-white logo, according to a report published Thursday ...

AGCO awards cannabis store licence in downtown Guelph

AGCO states it received more than 4,800 expressions of interest in the lottery. The wait list also includes the names Cora Miszuk and VALVAC Corporation, also...

Porsche Taycan Interior Fully Revealed, Even The Passenger Gets A Touchscreen

Porsche has revealed what to expect inside its first all-electric sportscar - the Taycan - and it's glorious. Instead it's free-standing and a little more mi...

Overstock CEO resigns after admitting ties to Clinton probe, Russian spy

The controversy surrounding Byrne began August 12 when he issued a unusual and almost incoherent statement with the title: " Overstock .com CEO Comments on ...

Huawei puts a price on Trump's aggression

The company also unveiled MindSpore, an AI computing framework that - along with the 910 - is supposedly twice as fast as Google's TensorFlow. Huawei said the...

China confirms new tariffs on United States goods

In addition, China will move forward with plans to impose tariffs on USA vehicles and auto parts. US stock markets were down slightly after China's announceme...

Apple takes steps to crack down on Kazakh government eavesdropping

Google's action came after that country's government warned it would begin enforcing that law in 2011. In a blog posting, Mozilla explained its decision-makin...

PMI for euro area sligtly up in August

Claus Vistesen, chief eurozone economist at Pantheon Macroeconomics , said the composite PMI remains locked in a tight range between 51 and 52, consistent with...

Gold Rate Today: Gold, silver down ahead of Jerome Powell speech

Even in this "challenging era", Powell said, the United States economy is in a "favorable place", which he partly attributed to the Fed's decision to cut rates ...

Fintech startup Tala raises $110M to expand to India

The round was led by Softbank-backed RPS Ventures which was joined by GGV Capital , along with investors including Revolution Growth , Yahoo co-founder Jerry ...

Seeking clarity from Fed's Powell? Good luck with that

On the trade front, China's Global Times editor in chief said in a tweet that Beijing will take further countermeasures in response to US tariffs on $300 billio...

Stocks up early, day after big drop; global stocks lower

The yield on 30-year USA government debt fell to a record low below 2% and benchmark 10-year Treasury notes dropped to a three-year trough, beaten down by the U...