The Economic Risks of Trump's Premature Tweeting

Kudlow, who also spoke on Fox Business Network, noted that while the White House was wrestling with Congress over legislation to address immigration long-term, "I think you're going to see some progress" on immigrant employment visas near-term. More..

by | Published more than a month ago
Spanish PM Rajoy forced out of office
by | Saturday, June 02, 2018

Spanish PM Rajoy forced out of office

Rajoy became Spain's first sitting prime minister to give evidence in a trial when he was called as a witness a year ago, prompting calls for him to resign. He was forced to resign from his position over an i...More..

Vermont will pay you $10K to move there - but there’s a catch
by | Saturday, June 02, 2018

Vermont will pay you $10K to move there - but there’s a catch

The Vermont government has already budgeted funds to support 100 grants each for the first three years of the programme, dubbed the Remote Worker Grant Programme. Granted, it can also be ridiculously cold in...More..

Trudeau reaching out to steel, aluminium producers during 'ridiculous situation'
by | Saturday, June 02, 2018

Trudeau reaching out to steel, aluminium producers during 'ridiculous situation'

Trudeau said Thursdays tariff announcement marks "a bit of a turning point, but we've always known that this administration is unpredictable". "It's totally unacceptable that a country is imposing unilatera...More..

Risks Might Overshadow Sunny Outlook for World Economy
by | Saturday, June 02, 2018

Risks Might Overshadow Sunny Outlook for World Economy

The favourable economic conditions have reduced unemployment to its lowest level in a decade. "In spite of all this good news, risks loom large for the global outlook". With tax cuts boosting U.S. investment,...More..

Uber, Waymo in talks about self-driving partnership: Dara Khosrowshahi
by | Saturday, June 02, 2018

Uber, Waymo in talks about self-driving partnership: Dara Khosrowshahi

In the wake of that shake-up, Japan's Softbank bought a significant stake in Uber at the significantly reduced valuation of $48 billion. Buffett's Berkshire Hathaway Inc would have provided a convertible ...More..

Populist government sworn in, ending Italy's political deadlock
by | Saturday, June 02, 2018

Populist government sworn in, ending Italy's political deadlock

In a few convoluted hours, di Maio called for Mattarella's "impeachment", charging that the president had no right to reject Savona's appointment "because of his opinions". "This would have been hard in other p...More..

Asian shares fall sharply as Italian crisis hits world markets
by | Saturday, June 02, 2018

Asian shares fall sharply as Italian crisis hits world markets

Italian stocks rallied 2.6 percent, the standout performers in Europe. ENERGY: Oil futures resumed tumbling after taking their worst losses in months on Friday, battered by reports that OPEC countries and Rus...More..

Markets calmer on signs that Italy may avoid elections
by | Saturday, June 02, 2018

Markets calmer on signs that Italy may avoid elections

Italy is advancing swiftly towards a populist government on its second try after 5-Star Movement and League leaders announced a compromise deal. The Milan stock exchange plunged more than three percent Tues...More..

by | Friday, June 01, 2018

Deutsche Bank on United States 'troubled' list

In a letter to staff on June 1, Sewing admitted the bank is "not getting any respite" but told staff there was no reason to be discouraged by the latest blows to its reputation. Responding to the Fed's decision...More..

Trump hits EU, Canada, Mexico with steel tariffs
by | Friday, June 01, 2018

Trump hits EU, Canada, Mexico with steel tariffs

Mexico said it would tax a number of USA imports, including pork bellies , apples, grapes, cheeses and flat steel . Canada: Foreign Minister Chrystia Freeland told reporters that Canada would impose reta...More..

Spain: The rise and fall of Mariano Rajoy
by | Friday, June 01, 2018

Spain: The rise and fall of Mariano Rajoy

The central government approved his second list before Rajoy was ousted. In Berlin, a government spokesman said Germany hoped for a stable government in Madrid. Sanchez won the no-confidence vote with 180 vot...More..

Markets Right Now: Stocks open higher on Wall Street
by | Friday, June 01, 2018

Markets Right Now: Stocks open higher on Wall Street

Clothing company Chico's FAS plunged 23 percent to $7.69 after its profit fell short of expectations and shoe retailer DSW gave up some of its gains from earlier in the year as it lost 10.4 percent to $23.35. S...More..

Starbucks anti-bias training to teach staff about stereotypes, civil rights movement
by | Friday, June 01, 2018

Starbucks anti-bias training to teach staff about stereotypes, civil rights movement

Starbucks made a decision to close its more than 8,000 locations for the training after an April incident at a Philadelphia store where a worker called police on two black men who were waiting for a friend an...More..

It's GDPR Day. Let the privacy regulation games begin! - Security Bytes
by | Friday, June 01, 2018

It's GDPR Day. Let the privacy regulation games begin! - Security Bytes

Many privacy advocates around the world have hailed the new law as a model for personal data protection in the Internet era and called on other countries to follow the European model. As a result of the regu...More..

Italy weighs new chances for gov't based on vote
by | Friday, June 01, 2018

Italy weighs new chances for gov't based on vote

The crisis escalated on Tuesday when markets around the world sold off aggressively. "Italy would pay a very high price for it". The political landscape in Italy has shifted swiftly in the last two days. In...More..

USA allies vow to retaliate over Trump's metal tariffs
by | Friday, June 01, 2018

USA allies vow to retaliate over Trump's metal tariffs

The tariffs will officially take effect for these markets at 12.01 a.m. on Friday. "Americans remain our partners, our allies and our friends", he said . And it won't be on U.S. steel and aluminum - it wil...More..

by | Thursday, May 31, 2018

USA hits EU, Mexico and Canada with steel, aluminum tariffs

A temporary reprieve is due to expire tomorrow. Despite media speculations that the USA could possibly introduce long-term exemptions from the tariffs for its close allies, Trump has opted for moving ahead wi...More..

SIA to relaunch direct flights to NY on Oct 11
by | Thursday, May 31, 2018

SIA to relaunch direct flights to NY on Oct 11

Onboard, the aircraft will be configured with 67 business class seats and 94 premium economy seats, similar to the initial configuration of the airline's A340-500s used in the early years of the SIN-EWR route. ...More..

by | Thursday, May 31, 2018

Amazon to restrict Aussies to local site

The move would come into effect July 1, the same day Australia's new goods and services tax would come into force. "While we regret any inconvenience this may cause customers, we have had to assess the workab...More..

Canadian Hacker Jailed for 5 Years Following Yahoo Breach
by | Thursday, May 31, 2018

Canadian Hacker Jailed for 5 Years Following Yahoo Breach

Bennett in a press release today by the US DOJ. The hacker broke into more than 11,000 web email accounts between 2010 and 2017, according to federal authorities, who linked about 80 of these break-ins to the...More..

Where to Score Free Treats on National Doughnut Day
by | Thursday, May 31, 2018

Where to Score Free Treats on National Doughnut Day

This Belmont-Cragin doughnut shop will be giving away its signature red velvet variety for free with any purchase. At Russ's: All Lincoln locations will contribute 5 cents from every doughnut sold Friday to...More..

Treasury yields plunge as Italy’s political turmoil sparks safety bid
by | Thursday, May 31, 2018

Treasury yields plunge as Italy’s political turmoil sparks safety bid

On Monday, President Sergio Mattarella tapped Cottarelli to try to form a government that can bring Italy to a new election , which Cottarelli said could come as early as this autumn. Leister said. ...More..

by | Thursday, May 31, 2018

Hours and 45 Minutes: Longest Commercial Flight Returns to Service

Singapore Air will use Airbus SE's A350-900 Ultra Long Range aircraft for the nearly 19-hour flight from Singapore to the Newark Liberty International Airport serving NY. It will receive the first of the air...More..

World's largest diamond miner De Beers to sell synthetic stones
by | Thursday, May 31, 2018

World's largest diamond miner De Beers to sell synthetic stones

Consumer research found that people want "affordable fashion jewelry that may not be forever, but is ideal for right now", Bruce Cleave, CEO of De Beers, said in a statement , referencing the company's famed "...More..

Elon Musk says this Indian holds key for Tesla’s India launch
by | Thursday, May 31, 2018

Elon Musk says this Indian holds key for Tesla’s India launch

Consumer Reports on Wednesday did an about-face on its harsh review of the Tesla Model 3 , saying it now recommends the mass-market sedan after a software update shortened its braking distance by almost 20 fe...More..

Brussels in last-ditch attempt to avoid Trump's trade tariffs
by | Thursday, May 31, 2018

Brussels in last-ditch attempt to avoid Trump's trade tariffs

Alongside this, it said it will continue to pursue litigation at the World Trade Organisation against China's "discriminatory technology licensing requirements". After announcing tariffs of 25 percent on steel ...More..

N.L. premier pleased Ottawa buying Kinder Morgan pipeline
by | Wednesday, May 30, 2018

N.L. premier pleased Ottawa buying Kinder Morgan pipeline

The mayor of Canadian town Saint John has asked the federal government to dust off the Energy East pipeline project, which TransCanada quit a year ago. Nationally, the report said economic growth is expected ...More..

Two Canadian Banks Report Potential Data Breach
by | Wednesday, May 30, 2018

Two Canadian Banks Report Potential Data Breach

The changes include enhanced online fraud monitoring and online banking security measures. The bank advises its customers to monitor their accounts for signs of suspicious activity, and also to ensure that ...More..

Oil falls as Opec, Russia look to up output
by | Wednesday, May 30, 2018

Oil falls as Opec, Russia look to up output

This, combined with news of an uptick in USA crude production, prompted steep declines in crude futures last week. Saudi Energy Minister Khalid Al-Falih will meet with Kuwait's Bakheet Al-Rashidi and the U.A....More..