Tuesday, 24 April 2018
Latest news
Home » Money

Money

Bank of England keeps rates on hold, hints at May rise

perth_map

The minutes to the meeting showed that two of the nine members on the Monetary Policy Committee backed an immediate quarter-point increase in the bank's main interest rate to 0.75 percent. Progress on a Brexit transitional deal also supplies the Bank of England with a chunk or two of extra political certainty it didn't have before. The pound, helped by a dollar that weakened overnight following the U.S. Read More »

Millions expected to march for tougher gun laws

perth_map

Runcie said students and staff will also have to wear ID badges at all times and the district is considering adding metal detectors at entrances to schools. Let's find out. I believe the time has come for a majority of NRA members and other concerned citizens to form The Rational Rifle Association. "In the media, it's always shown that if it's a white person that shoots somebody up, they have mental health issues, but if it's a black person that shoots somebody up, it's a gangster", said ... Read More »

Stock Markets Tumble as Trump Makes Good on China Tariff Threat

perth_map

The plunges came after President Donald Trump ordered tariffs on Chinese goods, describing the U.S. trade deficit with China as "out of control". The Dow's daily slump was the biggest decrease since early February. Investors also sold some of the market's biggest recent winners. "China does not want to fight a trade war , but it is absolutely not afraid of a trade war", it said. Read More »

Stocks dive on trade war fears

perth_map

China urged the Trump administration to resolve differences through dialogue, but so far, the U.S. seems unrelenting. The Chinese Foreign Ministry on Friday reaffirmed its position on recent U.S. He says that amounts to about 71 percent of North Dakota soybeans valued at 1.5 billion dollars being exported to China. Trump has declared that the U.S. Read More »

Sensex descend for fourth straight week, down 579 points

perth_map

The bench mark Nifty and Sensex dived more than 1 per cent following negative cues from global stocks on US-China trade war concerns and skyrocketing oil prices. That is what is putting pressure on world markets. "Indian markets are expected to see a continuation of the selling pressure with markets looking immensely fragile today", said Sageraj Bariya, vice-president East India Securities. Read More »

Toys R Us founder Charles Lazarus dies as stores prepare to close

perth_map

I've done it with my kids and my grandkids, and it makes me really sad", she said. "I'm going to miss it". "I put it back". In the Bay Area, that includes about 19 Toys R Us and Babies R Us stores that remained after the company revealed plans in January to close nine Bay Area stores as part of a broader restructuring effort. Read More »

'What's Facebook?' Elon Musk deletes accounts from social network

perth_map

While responding to posts on Twitter , the CEO of Tesla and SpaceX apparently chose to take down the pages , joining an online movement calling for Facebook users to sever their ties to the social media giant. "His understanding of the subject is limited". The Facebook chief executive apologized on Wednesday for mistakes his company made and promised to restrict developers' access to user information as part of a plan to protect privacy. Read More »

Local unemployment down - holds steady statewide

perth_map

Bureau of Labor Statistics . This February's rate also remained well below the USA rate, which was unchanged at 4.1 percent. Hawaii had the lowest unemployment rate in February at 2.1 percent, followed by North Dakota and New Hampshire at at 2.6 percent each, and Nebraska and Vermont at 2.8 percent each. Read More »

Omnibus Spending Bill passed with funding for firefighting

perth_map

Triggering a third government shutdown of the year would have been a deep embarrassment for the Republican-led Congress ahead of mid-term elections in November. Trump once again blamed Democrats for the delay in finding a solution to DACA, an Obama-era program the president chose to end in September . Trump noted, however, that if Congress were to send hime another bill of the sort, he would not sign it. Read More »

Global shares mostly lower following Fed interest rate hike

perth_map

While this might seem daunting for the average consumer with debt or mortgages, the increase is actually a sign of continued health and strength in the economy . "The Fed has more confidence in the economy's underlying momentum and appears to be more determined to normalize interest rates", said Mark Vitner, senior economist at Wells Fargo. Read More »

Toys R Us liquidation sales start after a brief delay

perth_map

Last week, the company said it would close or sell all its stores after operating from months under bankruptcy protection. More recently, Toys R Us found itself unable to survive the trends of the digital age, namely competition from the likes of Amazon , discounters like Walmart and mobile games. Read More »

London or Paris? United Airlines' $10000 voucher makes these dream vacations possible

perth_map

Allison Preiss began complaining on Twitter about being bumped from the flight, but her complaints stopped after she was offered a $10,000 travel voucher and a seat on the next flight, USA Today reported . United upped the limit for voucher like the one Preiss was given after an infamous incident in which a man was dragged, screaming, off a flight. United confirmed to ABC News that they issued the voucher, which is according to their policy. Read More »

Apple Siri, how can you be so 'silly'

perth_map

If you've got an iPhone or iPad, Apple's Siri voice assistant will read out your lock screen notifications for apps even when you've turned off previews for the content inside them - and without making sure it's you. Luckily, Apple is aware of the issue and has promised it has a fix in the works. I used a generic text-to-speech female bot voice to say "Read my notifications" and Siri did exactly that, spouting off a Slack direct message and Facebook Messenger message to everyone ... Read More »

United Airlines suspends pets as cargo while program is reviewed

perth_map

United Airlines said it's suspending a program for transporting pets in cargo holds. Military families on Guam moving to the US mainland may be forced to leave their pets behind, following United Airlines' decision to suspend its pet transportation program until no later than May 1, following multiple delivery mistakes and at least one pet death. Read More »

Kidde Dual Sensor smoke alarms recalled

perth_map

You should not attempt to take apart the alarm or remove the cap. The alarms were sold at Menards, The Home Depot, Walmart and other department, home and hardware stores nationwide and online at Amazon.com, ShopKidde.com and other websites from September 2016 through January 2018, according to the recall. Read More »

EU to propose digital tax targeting Facebook, Google

perth_map

The EU tax plan will target mainly U.S. companies with worldwide annual turnover above 750 million euros ($924 million), such as Facebook , Google , Twitter, Airbnb and Uber. The plans are aimed at bringing the rules up to date, as digital businesses face accusations of avoiding tax in countries where they operate but may not have a physical presence. Read More »

Financial leaders push for free trade

perth_map

On trade, they reaffirmed the conclusions of the G20 summit in Germany last July, in which they said they would "continue to fight protectionism, including all unfair trade practices". - The G20 finance leaders' language on trade policy in their communique likely won't change much from that of last year's summit in Hamburg, a senior Japanese finance ministry official said on Monday. Read More »

HUGE VICTORY! San Francisco Bans Sale of Fur

perth_map

The ruling will not apply to leather products, lambskin or sheep products, non-apparel products and secondhand products. Katy Tang , the San Francisco supervisor who sponsored the fur ban bill, said each year an estimated 50 million animals "are slaughtered in gruesome ways so that we can wear their fur and look fashionable". Read More »

Oil hits six-week high on inventory data, Middle East worries

perth_map

The report further explained that Canada is the leading destination of American crude, adding that the United States has also been exporting more to Asia, which for long has been a major market for the Organisation of Petroleum Exporting Countries (OPEC), and Russian Federation. Read More »

Merkel urges dialogue with Russian Federation in congratulation message to Putin

perth_map

German Chancellor Angela Merkel gives a joint press conference with France's President at the Eylsee presidential Palace in Paris, France March 16, 2018. The president said he looked forward to continuously working with the Russian leader "to strengthen our defence, trade and technical partnerships as well as promotion of private sector participation in all sectors of our economies". Read More »

Egyptian court suspends Uber and Careem licenses

perth_map

Khaled al-Gammal, a lawyer acting for the taxi drivers, said the court suspended the two companies' licenses, banned their apps and suspended the use of private cars by the two ride-hailing services. AFP news agency reported that court has accepted a petition filed by a lawyer demanding the government to stop the activity of Uber and Careem in Egypt and their mobile applications. Read More »

Price to Book (P/B) Ratio Evaluation Oracle Corporation (ORCL)

perth_map

Pathstone Family Office Llc decreased its stake in Oracle Corp ( ORCL ) by 93.5% based on its latest 2017Q3 regulatory filing with the SEC. A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Read More »