Economy

Trump says he'll put 10% tariffs on remaining China imports

Trump announced a first tranche of duties, of 25% on $200 billion of Chinese goods , in May. Markets, which had been up ahead of the news, tumbled with all thr...


Bank of Canada unlikely to follow any Fed interest rate cut

But none expressed support for any additional easing, as Trump and Wall Street want. "I would like to see a large cut and I would like to see immediately the ...


100 million applications targeted in Capital One bank data breach

The Virginia-based bank announced that on July 19 it determined a hacker gained unauthorized access to its systems and obtained personal information of 100 m...


Deals and facts for National Chicken Wing Day

Hooters: All day Monday, you can eat wings for $15.99 per person if you're dining in at participating locations. Local restaurants and pubs may have wing deals...


U.S. economic growth slows below Trump target

A US measure of production has declined in consecutive quarters, the common definition of recession, while a gauge of global factory activity contracted in May ...


How to navigate the Equifax data breach settlement offer

There is at long last a silver lining for the 144 million of us who had our personal data leaked in the big 2017 Equifax data breach: cash money. You can ...


AMZN Stock Falls Slightly Following Mixed Q2 Earnings

Net sales rose about 20% to $63.40 billion in the second quarter, beating estimates of $62.48 billion. For the third quarter, Amazon forecast its revenue ...


Attorneys General Secure $600M In Equifax Settlement

The largest-ever settlement for a data breach draws to a close multiple probes into Equifax by the Federal Trade Commission , the Consumer Financial Protectio...


Volvo recalls 70,000 cars in the United Kingdom over fire risk

Volvo said it is in the process of contacting all customers whose vehicles are affected to alert them to the issue. "In a few cases, it has led to a auto fir...


New York Fed forced to clarify Williams' speech

On Wall Street, major indexes moved higher in early trading, buoyed by a gain of 1.92% in Microsoft as quarterly results topped expectations, powered by its clo...


Netflix's US Subscriber Count Falls After Price Hike

Netflix added 2.7 million customers worldwide for the three months ending in June, well short of the 5 million expected by investors and down from the 5.5. "Fr...


Oil prices slightly down

Oil price was down almost $5 in past few sessions, following double-rejection at $60.90 and subsequent acceleration lower on news that the U.S. administration...


Bearish Tone after US Says Iran Prepared to Negotitate

Bureau of Safety and Environmental Enforcement (BSEE) said on Tuesday. USA crude inventories USOILC=ECI fell 3.1 million barrels, EIA data showed , more th...


New Air Passenger Rights Take Effect Today

If a plane is stuck on the tarmac for an excessive delay, airlines must provide passengers with the basic necessities, such as heat or air conditioning, refre...


Facebook settles with FTC for record $5 billion

The US Justice Department must approve the fine and it's unlikely to be reversed as US sources report fines are rarely overturned. The investigation focused...


China’s economy slumps as U.S. trade war continues

Investment in factories, real estate and other fixed assets rose 5.8 per cent in the first half of the year, up 0.2 percentage points from the first five months...


11 am Advisory: Barry becomes a hurricane

All state resources, including helicopters, aircraft, trailers, generators and dozens of state employees, will be on standby. "Nobody should take this storm l...


Amazon Prime Day 2019's Star-Studded Deals

The more you know before the sales event starts, the better. TVs are always popular during Prime Day , and if you are hoping to invest in a new model, you ha...


Two Fed regional chiefs say July rate cut may not be warranted

MSCI's broadest index of Asia-Pacific shares outside Japan advanced 0.2 percent, after 3 sessions of losses. At 8:43 a.m. ET, Dow e-minis were up 81 points, o...


Ford-VW alliance over electric vehicles seen upping pressure on other carmakers

Ford and Volkswagen have announced a partnership to invest billions in electric and autonomous vehicles. "While Ford and Volkswagen remain independent an...