Amazon's sales in holiday season hit record high

Because of Prime's guarantee, Amazon's peak season already lasts later and is much greater than those of their competitors. Finally, Amazon customers used Alexa to listen to hundreds of millions more hours of music , with All I Want for Christm... More..

by | Published 24 days ago
Trump resumes attack on Fed as markets sink
by | Friday, December 28, 2018

Trump resumes attack on Fed as markets sink

A Treasury spokesman said Mr Mnuchin initiated the calls with the bankers because he felt that having conversations with major market participants, as well as holding the Working Group call, was prudent given c...More..

Council of Economic Advisers Chair: Federal Reserve Chairman's Job Is Safe
by | Friday, December 28, 2018

Council of Economic Advisers Chair: Federal Reserve Chairman's Job Is Safe

But the source painted a different picture of Mnuchin's standing behind the scenes. They added: 'Mnuchin is under the gun'. The latest run of selling has come amid White House turmoil led by Trump and a gridloc...More..

Transformer explodes at NY power plant, fills sky with blue light
by | Friday, December 28, 2018

Transformer explodes at NY power plant, fills sky with blue light

The New York Police Department reiterated as much in a tweet , saying the blue light was the result of a "transformer explosion" and adding that "the fire is under control". Scattered power outages, including...More..

Thousands remain without power almost a week after B.C. windstorms
by | Friday, December 28, 2018

Thousands remain without power almost a week after B.C. windstorms

BC Hydro says everyone on Vancouver Island should have power by Thursday, but the extensive damage on the Gulf Islands means the work could take until New Year's Eve. "Due to the extensive damage on numerous so...More..

Trump 'very happy' with Treasury chief Mnuchin - White House adviser
by | Friday, December 28, 2018

Trump 'very happy' with Treasury chief Mnuchin - White House adviser

Hassett later told reporters Powell wasn't at risk of being fired. Hassett said that the ongoing budget impasse in which swaths of the federal government are going without funding, due to Congress' refusal ...More..

Chinese firms are asking employees to boycott Apple in support of Huawei
by | Friday, December 28, 2018

Chinese firms are asking employees to boycott Apple in support of Huawei

Needless to say, Apple is one of the targets everyone turned to - the company has sold around 70 million iPhones just in China alone. For some perspective, Huawei (as well as other Chinese brands like X...More..

Big discounts fail to draw UK shoppers to post-Christmas sales
by | Thursday, December 27, 2018

Big discounts fail to draw UK shoppers to post-Christmas sales

From 2016 to 2015, footfall declined by 2.8 per cent from 2015. Shopping centres and retail parks saw the biggest slump, with footfall down by more than 5 per cent on a year ago. Some stores were offering d...More..

Land Rover Defender returns in 2020
by | Thursday, December 27, 2018

Land Rover Defender returns in 2020

The development mules and prototypes are expected to be tested in extreme cold and heat, and will potentially be run in temperatures ranging from -40 degrees to +120 degrees Fahrenheit, and at altitudes of more...More..

Tokyo stock market slumps on fears over US economy
by | Thursday, December 27, 2018

Tokyo stock market slumps on fears over US economy

The broader Topix index of all First Section issues on the Tokyo Stock Exchange , meanwhile, gained 12.39 points, or 0.88 percent, at 1,427.94. Japan's Nikkei index closed on Tuesday after tumbling by an unu...More..

E-commerce firms hit with stricter norms for sale of products, cashbacks
by | Thursday, December 27, 2018

E-commerce firms hit with stricter norms for sale of products, cashbacks

The revised norms, set by the Commerce and Industry Ministry, said these firms will have to offer equal services or facilities to all its vendors without discrimination. Currently, 100 per cent FDI is permitted...More..

Boxing Day shoppers queue in Scotland from 2:45am to nab bargains
by | Thursday, December 27, 2018

Boxing Day shoppers queue in Scotland from 2:45am to nab bargains

In-store Boxing Day shopping has been a topic of discussion for several years in the U.K. In 2016, a petition calling for stores to shut down for the day received more than 200,000 signatures. The experts sai...More..

Dad flew with flight attendant daughter to keep her company
by | Thursday, December 27, 2018

Dad flew with flight attendant daughter to keep her company

Levy said he had "never heard of anyone doing that before", and asked if he could take a picture of the two of them and share it on Facebook . The father's sweet gesture towards his daughter moved many, with...More..

Asia stocks jump on biggest United States rally since 2009
by | Thursday, December 27, 2018

Asia stocks jump on biggest United States rally since 2009

The partial US government shutdown may deprive the financial markets of data about worldwide trade and gross domestic product. That would mark the end to the longest bull market for stocks in modern history a...More..

Rate futures market says Fed is all but done with hikes
by | Thursday, December 27, 2018

Rate futures market says Fed is all but done with hikes

Trump's dissatisfaction with Powell and the Fed, which he's expressed numerous times in the past few months on Twitter and in interviews, appears to have boiled over after Wednesday's interest-rate hike and one...More..

Cruise Ship Saves Men Who Spent 20 Days Adrift
by | Thursday, December 27, 2018

Cruise Ship Saves Men Who Spent 20 Days Adrift

The company's meteorologist, James Van Fleet , said in his Twitter account that after being rescued, the men said they had food only for 7 days. "They ran out of gas trying to get back and were adrift for th...More..

Oil prices bounce slightly after previous day's rout
by | Wednesday, December 26, 2018

Oil prices bounce slightly after previous day's rout

United States crude benchmark West Texas Intermediate (WTI) was down 6.7 percent, settling at $42.53 a barrel. OPEC and allies led by Russian Federation agreed this month to cut oil production by 1.2 mill...More..

Trump advisers have discussed arranging meeting with independent Fed Chair Jerome Powell
by | Wednesday, December 26, 2018

Trump advisers have discussed arranging meeting with independent Fed Chair Jerome Powell

Last week, ahead of its fourth rate hike this year, and ninth since the financial crisis, he also criticized the central bank. These increases have "upset investors", wrote New York Times reporter Binyamin...More..

United Kingdom now has systems to combat drones - Ben Wallace
by | Wednesday, December 26, 2018

United Kingdom now has systems to combat drones - Ben Wallace

The tip-offs came after the airport on Sunday began offering a £50,000 reward for information on dozens of drone sightings which led to the three days of disruption. Both the county police department and the ...More..

Banking services impacted Wednesday due to strike
by | Wednesday, December 26, 2018

Banking services impacted Wednesday due to strike

Earlier in September, the Centre had announced merger of Vijaya Bank and Dena Bank with Bank of Baroda. Last week, around 3.20 lakh bank officers from various state-run banks were on a one-day strike opposi...More..

What Stores Are Open (and Closed) on Christmas Day 2018
by | Wednesday, December 26, 2018

What Stores Are Open (and Closed) on Christmas Day 2018

High street retailers have cut prices after trading on the busiest shopping day of the year, dubbed "Super Saturday", failed to lure shoppers to stores. That said, you do have options. Select Walgreens/Duane ...More..

Mega Millions Christmas Jackpot Announced
by | Wednesday, December 26, 2018

Mega Millions Christmas Jackpot Announced

The goodies in his sleigh may not be quite as impressive as the goods up for grabs in the Mega Millions lottery. The Mega Millions jackpot continues to grow ahead of a Christmas Day drawing. The last Mega Mil...More..

Oil ETFs Continue to Fall Off on Rising Supply Concerns
by | Wednesday, December 26, 2018

Oil ETFs Continue to Fall Off on Rising Supply Concerns

Crude prices Monday took another beating, with WTI down $3.06, or 6.7%, ending the day at $42.53/bbl while Brent fell 6.2%, or $3.35, to $50.47. Brent fell 11 percent last week and hit its lowest since Sept...More..

Mnuchin's attempts to calm the markets leave bank CEOs 'totally baffled'
by | Wednesday, December 26, 2018

Mnuchin's attempts to calm the markets leave bank CEOs 'totally baffled'

A bruising December for the US markets triggered by concerns over a partial federal government shutdown, the US-China trade dispute and interest rate hikes has put the S&P 500 on pace for its biggest monthly ...More..

Crude spirals to 18-month low amid global economic concerns
by | Wednesday, December 26, 2018

Crude spirals to 18-month low amid global economic concerns

Conflict, sanctions and aging oil fields have been factors that dragged on output in Libya, Nigeria, Iran and Venezuela in recent years. Futures declined as much as 3.3 percent in NY as USA stocks tumbled to ...More..

Tesla set to present the new Model Y EV next March
by | Tuesday, December 25, 2018

Tesla set to present the new Model Y EV next March

The Xpeng G3 . Another Chinese EV maker Xiaopeng or Xpeng just officially announced its first all-electric EV the G3. Automakers around the world have spent decades worming their way into China in anticipatio...More..

Trump, Democrats spar over government shutdown with no deal in sight
by | Tuesday, December 25, 2018

Trump, Democrats spar over government shutdown with no deal in sight

It was the tweet that launched a thousand memes - including a rapidly unearthed cameo by Trump in the 1992 film "Home Alone 2", in which the real estate mogul briefly encounters Macaulay Culkin's character, K...More..

Stocks set fall after Steven Mnuchin’s odd statement fails to calm markets
by | Tuesday, December 25, 2018

Stocks set fall after Steven Mnuchin’s odd statement fails to calm markets

President Donald Trump on Tuesday reiterated that the U.S. Federal Reserve was raising interest rates too quickly but added that U.S. companies were "the greatest in the world" and presented a "tremendous" ...More..

High-street retailers treat shoppers to early Boxing Day sales
by | Tuesday, December 25, 2018

High-street retailers treat shoppers to early Boxing Day sales

They were there to guide shoppers through unsafe territory, because when you only have a few hours to get those things on your list, it can get tense. Walgreens stores that are normally open 24 hours a day w...More..

Ghosn detention extended over Christmas and New Year
by | Tuesday, December 25, 2018

Ghosn detention extended over Christmas and New Year

Mr. Ghosn and another executive , Greg Kelly, were arrested November 19 and charged with underreporting Mr. Ghosn's income for 2011-15 by about 5 billion yen. The 64-year-old has reportedly denied the allegati...More..