U.S. job growth seen accelerating, unemployment rate steady U.S. employers likely stepped up hiring in June and boosted wages for workers, signs of labor market strength that could keep the Federal Reserve on course for a third interest rate increase this year. According to a Reuters survey of economists, the […]
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Asia hit by Wall St. stumble, debt yields spike after ECB minutes Asia hit by Wall St. stumble, debt yields spike after ECB minutes:- Asian shares lost ground on Friday after a weak session on Wall Street, while global sovereign debt yields were elevated across the board on bets the […]
Berkshire Hathaway Energy to buy Oncor Berkshire Hathaway Energy to buy Oncor:- Berkshire Hathaway Energy, a unit of Warren Buffett’s Berkshire Hathaway Inc, said on Friday it would acquire Oncor Electric Delivery Company LLC in a deal that puts Oncor’s equity value at about $11.25 billion. Berkshire Hathaway Energy said […]
Qualcomm accuses Apple of infringing six patents in iPhone, iPad Chipmaker Qualcomm Inc (QCOM.O) will ask the U.S. International Trade Commission to bar Apple Inc (AAPL.O) from selling some iPhones and iPads in the United States that use chips made by competitor Intel Corp (INTC.O) on the grounds that the […]
President Trump Claimed the Stock Market Has Added $4 Trillion in Value Since His Election President Donald Trump has voiced pride over the stock market gains in the United States, but his math for those gains is quite a bit off. In a speech he gave to the Three Seas […]
Fed minutes suggest increasing tensions on inflation shortfall Fed minutes suggest increasing tensions on inflation shortfall:- Federal Reserve policymakers were increasingly split on the outlook for inflation and how it might affect the future pace of interest rate rises, according to the minutes of the Fed’s last policy meeting on […]
Ford’s China sales post strongest growth of year in June Ford Motor Co said its China sales surged 15 percent in June, their strongest pace of the year, as the industry puts the phasing out of a tax cut behind it, adding that it was optimistic about the outlook for […]
How a CNN Investigation Set Off an Internet Meme War As Americans relaxed over a long Fourth of July weekend, the pro-Trump meme factories were gearing up for war. These online communities, which churn out lo-fi, shareable images and videos meant to amuse and energize President Trump’s social media supporters […]
Oil prices fall ahead of U.S. holiday after 8 days of gains Oil prices fall ahead of U.S. holiday after 8 days of gains:- Oil prices retreated in Asian trade on Tuesday, halting a run of eight straight days of gains on signs that a persistent rise in U.S. crude […]
Asian shares stumble as North Korea fires missile into Japanese waters Asian shares turned lower on Tuesday as earlier gains were quashed by tensions on the Korean peninsula after North Korea fired a missile that landed in Japanese waters, deepening concerns over the isolated nation’s nuclear capabilities. European shares were […]