USA farmers to receive up to US$12B in trade war relief

Just hours before the announcement of the aid package, Trump tweeted "Tariffs are the greatest! " and vowed that those who have taken advantage of the United States will have to negotiate a new deal. He grows about 25,000 bushels of soybeans a yea... More..

by | Published 26 days ago
U.S. farmers hurt by Trump's tariffs to receive emergency aid
by | Wednesday, July 25, 2018

U.S. farmers hurt by Trump's tariffs to receive emergency aid

The Agriculture Department was expected to announce the plan later Tuesday. They want trade, not aid. "Just be a little patient", Trump said . The government announced a $12 billion plan Tuesday to assist ...More..

by | Wednesday, July 25, 2018

Trump Plans Farm Bailout To Deal With Backlash To His Trade War

Trump has floated the idea in the past, but he tweeted Tuesday night that he doubts the Europeans will go for the idea. The US will also buy crops such as fruits and nuts, distributing them to food banks a...More..

China's bond yields jump, yuan falls on policy stimulus bets
by | Wednesday, July 25, 2018

China's bond yields jump, yuan falls on policy stimulus bets

The major traded 0.1 percent up at 1.3137, having hit a low of 1.2957 on Thursday; it's lowest since September 2017. The Shanghai Composite index was 1.6 percent higher at the midday break and the blue-chip CS...More..

Ritz crackers recalled due to salmonella concerns
by | Monday, July 23, 2018

Ritz crackers recalled due to salmonella concerns

The whey powder manufacturer has also recalled its product. Consumers who have these products should not eat them, and should discard them. The recalled Ritz crackers were sold in packs of 180 grams, 30 X...More..

Microsoft thanks the cloud for a far brighter outlook
by | Saturday, July 21, 2018

Microsoft thanks the cloud for a far brighter outlook

In the fourth quarter, revenue grew by a whopping 39 percent over the previous year to reach $2.29 billion. "Exceptional sales execution delivered double-digit revenue growth across all segments and strong pr...More..

Prime Day: Amazon website suffers outages on its biggest annual sale
by | Saturday, July 21, 2018

Prime Day: Amazon website suffers outages on its biggest annual sale

Hopefully, the website will be able to recover quickly so customers can enjoy the deals without frustration. In addition to registering record Prime Day sales, Amazon said it added more Prime members...More..

by | Saturday, July 21, 2018

Trump amps up criticism of Fed interest rate rises

Trump said that raising American interest rates makes investment in China comparatively attractive, because China manipulates its currency by artificially devaluing it. Donald Trump has also accused China of...More..

Jacob Rees-Mogg now
by | Friday, July 20, 2018

Jacob Rees-Mogg now "running our country" Tory MP Anna Soubry claims

If it were to happen, it would be a short-lived arrangement, focussed exclusively on Europe, with a new Prime Minister to take charge of the negotiations, and our only objective would be to get the best possibl...More..

Thai Cave Rescuer Might Sue Elon Musk for Calling Him 'Pedo Guy'
by | Wednesday, July 18, 2018

Thai Cave Rescuer Might Sue Elon Musk for Calling Him 'Pedo Guy'

Today, the diver - who was an instrumental part of the rescue efforts - told reporters he is considering legal action against Mr Musk . Unsworth added that Musk's mini-submarine strategy " had absolute...More..

Target Sale: TGT Takes on Amazon Prime Day With One-Day Sale
by | Monday, July 16, 2018

Target Sale: TGT Takes on Amazon Prime Day With One-Day Sale

If you are not a member of Amazon Prime , you will be able to join now just by paying Rs 129 per month. Starting July 16 at 12PM PT/3PM ET you shop more than one million deals worldwide. Shoppers can also lo...More..

Amazon expected to ring up $3.4 billion in sales on 'Prime Day'
by | Monday, July 16, 2018

Amazon expected to ring up $3.4 billion in sales on 'Prime Day'

And though Prime Day - which starts at 3 p.m. ET Monday and lasts until 11:59 p.m. the following day - isn't until July 16, here's what you can expect and also what you can buy right now. In India, Amazon is ...More..

Trump criticizes British PM Theresa May over Brexit deal
by | Friday, July 13, 2018

Trump criticizes British PM Theresa May over Brexit deal

Trump made the remark as he set off on a trip to Europe which includes a visit to Britain where he will hold talks with May who is now wrestling with a political crisis after two top ministers quit over her pla...More..

Rupert Murdoch gets go-ahead to bid for all of Sky
by | Thursday, July 12, 2018

Rupert Murdoch gets go-ahead to bid for all of Sky

It came after Fox raised its bid to £14 a share on Wednesday from the £10.75 a share offered when it first made a bid for Sky 18 months ago. The clock was ticking on Fox to make a higher bid for Sky, becaus...More..

Tesla hopes to produce 500,000 cars per year at new Shanghai plant
by | Wednesday, July 11, 2018

Tesla hopes to produce 500,000 cars per year at new Shanghai plant

Under the agreements, Tesla will independently open a plant integrating research and development, manufacturing and sales functions, according to news website Knews, which is affiliated to state-owned Shang...More..

Wage gains slow, unemployment up from 18-year low
by | Monday, July 09, 2018

Wage gains slow, unemployment up from 18-year low

The labor force participation has increased, which brought the unemployment rate up slightly from 3.8 percent to 4 percent . That marks a 72 cent increase for average hourly earnings over the year so far. "I'm...More..

China trade war breaks out as tariffs kick in
by | Monday, July 09, 2018

China trade war breaks out as tariffs kick in

Speaking hours after the tit-for-tat duties went into effect, Chinese Premier Li Keqiang said no one would emerge a victor from a trade war. Tracy Grondine, a spokesperson for the US Apple Association, said Ch...More..

Oil price slashed by Saudi Arabia after Trump slams OPEC monopoly
by | Monday, July 09, 2018

Oil price slashed by Saudi Arabia after Trump slams OPEC monopoly

Independence Day holiday, the American Petroleum Institute (API) reported another major draw of $4.5 million barrels of U.S. crude oil inventories during the week-ending June 29. "Increased Saudi crude availa...More..

Charting the US-China trade battle
by | Saturday, July 07, 2018

Charting the US-China trade battle

The motorcycle company announced last month it would move production out of the U.S.to get around the EU's retaliatory tariffs. The US penalties became a reality at just after midnight in Washington , which ...More..

Trump unleashes trade war with latest tariffs on China
by | Saturday, July 07, 2018

Trump unleashes trade war with latest tariffs on China

The June jobs data show no evidence of trade fears hurting the USA economy, Council of Economic Advisers Chairman Kevin Hassett said in an interview on Friday. The tension between these factions is occasionally...More..

Mexico pledges cooperation with Trump
by | Thursday, July 05, 2018

Mexico pledges cooperation with Trump

So tune in to find out all the latest on what this election will mean for Mexico and its relationship with the US. He aptly cashed in on the Mexican public's anger towards Trump , who throughout the Mexican el...More..

by | Thursday, July 05, 2018

Oil falls as Saudi, Russian output rises

U.S. crude inventories fell by 4.5 million barrels to 416.9 million barrels in the week to June 29, the American Petroleum Institute (API) said on Tuesday. Some key countries are reliant on Iranian oil impo...More..

Iran announces plan to circumvent USA oil sanctions
by | Tuesday, July 03, 2018

Iran announces plan to circumvent USA oil sanctions

President Donald Trump lashed out at OPEC with a warning to stop manipulating oil markets and piled pressure on USA ally Saudi Arabia to raise supplies to compensate for lower exports from Iran. USA sanctions...More..

Tesla hits 5,000-unit weekly production for Model 3
by | Tuesday, July 03, 2018

Tesla hits 5,000-unit weekly production for Model 3

The remaining net Model 3 reservations at the end of the second quarter stood at roughly 420,000, the company said. "We did it!" Musk wrote in an email to the company, as reported on the website Electrek...More..

Amazon To Buy Somerville-Based Online Pharmacy PillPack
by | Friday, June 29, 2018

Amazon To Buy Somerville-Based Online Pharmacy PillPack

Bloomberg reported that an unnamed source with knowledge of the matter said that Amazon will pay about $1 billion for PillPack . The acquisition is expected to close in the second half of this year. In Janua...More..