Money

by | June 04, 2018 | 17:00

Still, the report shows that the almost 9-year old economic expansion - the second-longest on record - remains on track. Roughly an hour before the employment data was released at 8:30 a.m. That's important because economists worry that people who are out of work for long periods can see their skills erode. The unemployment rate is already far below the Fed's estimate of the lowest rate consistent with stable prices, but that fact should be largely discounted.

by | June 04, 2018 | 11:36

Merkel supported the idea of turning the euro zone's ESM rescue fund into a European Monetary Fund (EMF) with powers to give members hit by sovereign debt troubles short-term credit lines. In terms of migration, she wants common asylum standards, a European border police force and a pan-European migration agency, saying that countries that refuse to take on refugees could compensate with contributions in other areas.

by | June 04, 2018 | 10:04

The Payment Systems Regulator told the BBC it understood the problem to be limited to Visa card payments only. Paymentsense, which facilitates card payments, say it is in touch with VISA and has apologized to customers " for any inconvenience ".

by | June 04, 2018 | 06:54

The owners, Michael Dellegrazie and his girlfriend, were traveling from Phoenix to NY and chose to put their 8-year-old Pomeranian, Alejandro, on a plane so they could pick the dog up at the Newark airport. However, the site's sources say the dog died while he was transferred to the connecting flight to Newark. He also represented the owners of a French bulldog puppy that died earlier this year after a United Airlines flight attendant ordered the dog's carrier to be stowed in an overhead ...

by | June 04, 2018 | 00:03

Internal emails, reviewed by Gizmodo , suggest that Google's leadership was initially very enthusiastic about the project , as it could lead to more military contracts in the future. " Google Cloud has been building our theme on Democratizing AI in 2017, and Diane and I have been talking about Humanistic AI for enterprise". Google's involvement in the program, called Project Maven, prompted more than a dozen employees to resign .

by | June 03, 2018 | 17:15

The agency said in a statement Friday that management was taking "tough actions" but that "relative to peers, Deutsche Bank will remain a negative outlier for some time". "We have made progress in remediating them over the past year". Mr Sewing said: "We do not comment on the details of our dialogue with our regulators".

by | June 03, 2018 | 12:56

She also prefers leading Chinese consumer companies, which will benefit from China's rising consumption, improving corporate efficiency, and opportunities in global markets. As institutional investors prepared for MSCI's A-share inclusion, HKEX's securities clearing house saw a significant increase in the number of Special Segregated Accounts (SPSAs), which rose 60 per cent from March to last Friday, when there were 4,800 accounts, reflecting wide acceptance and adoption of the HKEX facility.

by | June 03, 2018 | 08:41

Investors are awaiting news on whether OPEC and allies will boost production ahead of a meeting this weekend between some producers. Crude inventories fell 3.6 million barrels in the week to May 25, compared with analysts' expectations for a decrease of 525,000 barrels.

by | June 03, 2018 | 06:56

Is that possible? Yes it is possible. Referring to regional maritime issues, PM Modi said India does not see the Indo-Pacific region as a strategy or as a club of limited members. "Competition is normal. But, contests must not turn into conflict; differences must not be allowed to become disputes", he added. The prime minister called for a "rules-based order" for cooperation in the Asia-Pacific region, and said that "solutions" could not be found "behind the walls of protection, but by ...

by | June 03, 2018 | 03:35

Vermont is willing to pay new residents who work remotely for an out-of-state employer - all in an effort to increase its population. But since the money is meant to reimburse expenses incurred in moving to Vermont-computer software, hardware, and broadband Internet, and fees for membership in a co-working space are specifically mentioned-it makes some sense.

by | June 03, 2018 | 02:48

The coalition will be headed by Prime Minister Giuseppe Conte , a popular but untested political figure who was rejected by President Sergio Mattarella just days ago. Conte is a jurist whose only political experience is being elected to the Bureau of Administrative Justice by the lower-house Chamber of Deputies. Salvini wrote: "Maybe, finally, we are there".

by | June 03, 2018 | 01:59

In Arkansas, Sears has two department stores in North Little Rock and Hot Springs. The Illinois-based retailer had previously announced that 166 stores would close this year . Liquidation sales will begin as early at June 14 at the closing stores. Sales at established stores, a key gauge of a retailers health, tumbled almost 12 percent, down 9.5 percent at Kmart stores and 13.4 percent at Sears.

by | June 02, 2018 | 21:08

Project Maven focuses on computer vision, and specifically has an "immediate focus" on recognizing 38 classes of objects. The program was launched a year ago. Fei Fei Li and Diane Greene - that the U.S. government was "really fast-tracking" the company's cloud security certificate, something she deemed "priceless".

by | June 02, 2018 | 09:45

The S&P 500 index sank 12 points, or 0.5 percent, to 2,708 as of 10 a.m. The MSCI Asia Pacific Index of stocks bounced after touching its lowest level since February Wednesday amid heightened fears Italy could leave the euro . "That being said, a heavy data calendar from Wednesday could shift some attention back to economic growth and monetary policy", said Jingyi Pan of IG.

by | June 02, 2018 | 08:22

Ross denied this impression and said that there has been transshipment of Chinese steel and aluminum . President Donald Trump had originally imposed the tariffs in March, saying a reliance on imported metals threatened national security.

by | June 02, 2018 | 08:23

Political uncertainty in Italy as it struggles to form a government sent renewed shock waves through the Eurozone, a bloc that is already dealing with Britain's exit from the European Union and a global economy which is threatened by a trade war.

by | June 01, 2018 | 19:42

Shares in the bank closed at an all-time low on Thursday as past misadventures in high-risk investment banking stymied the new chief executive Christian Sewing's attempt to refocus on its more staid corporate banking roots. A man walks past Deutsche Bank offices in London Thomson Reuters A spokesperson for Deutsche Bank said: "We appreciate S&Ps statement that 'management is taking tough actions to cut the cost base and refocus the business in order to address the bank's now weak ...

by | June 01, 2018 | 19:16

United States stocks shuddered at the news, however, with the The Dow Jones Industrial Average dipping over one percent, S&P 500 dropping 0.54 percent, and the Nasdaq going down 0.16 percent. At its low, the peso was at its weakest against the dollar in almost 15 months. Europe had previously outlined a list of items, including USA bourbon, cranberries and jeans, as potential targets for retaliation.

by | June 01, 2018 | 18:59

Spain's Socialist (PSOE) leader Pedro Sanchez addresses Parliament during the final day of a no-confidence debate in the leadership of Mariano Rajoy , Madrid, Spain, June 1, 2018. And it was another graft scandal that prompted the Socialists to table the no-confidence motion after a court said it had uncovered a vast system of bribes given to former PP officials in exchange for lucrative public contracts between 1999 and 2005.

by | June 01, 2018 | 18:35

The S&P 500 index advanced 34.15 points, or 1.3 percent, to 2,724.01. The market's main measure of short term volatility, the CBOE Volatility index .VIX , spiked 3.9 points to 17.13, its highest since May 3. The CAC 40 in France lost 0.3 percent. World stocks.MIWD00000PUS gained 0.38 percent, and European shares made tentative gains after falling nearly 4 percent in the past five days.

by | June 01, 2018 | 14:30

The deal should apply to all locations , but double-check with your specific location . Dunkin' Donuts: Dunkin' is offering a free classic Donut with the purchase of any beverage all day on National Doughnut Day . Customers in Union Square's Somerville location can bite into the new doughnut while jamming to tunes by DJ KDudz from 8 a.m.to noon. The company announced it will serve its first flame-grilled donut at five locations on Friday: New York, Los Angeles, Miami , ...

by | June 01, 2018 | 12:51

Entities that do not comply with the tough new rules will face stiff fines. Human Resource (HR) teams in the region, in particular, have a crucial role to play as gatekeepers and processors of personal data. The tool is only available on the web for now, but it should be accessible to iOS and Android users in the future. Ranging from standardized data encryption and storage requirements to having a data security officer, from user transparency and control over the data companies have ...

by | June 01, 2018 | 06:57

President Donald Trump's administration has threatened to impose tariffs on vehicle imports, is engaged in negotiations with China to reduce America's yawning trade deficit and has said it will punish Beijing for stealing its technology by imposing tariffs on $50 billion of imports from China.

by | May 31, 2018 | 21:58

While the tariffs have had "major, positive effects" on industry jobs and workers, "the Trump Administration's actions underscore its commitment to good-faith negotiations with our allies to enhance our national security while supporting American workers", the White House said in a statement .

by | May 31, 2018 | 14:14

July 1 is the date new rules come into effect forcing online retailers to apply the 10 per cent GST to all online purchases being shipped to Australia from overseas. As a placation, Australian customers will also have access to 4 million products that were previously available only on Amazon.com through its new Global Store.

by | May 31, 2018 | 11:02

In March, 5-Star ran its own campaign while the League campaigned as part of a right-wing coalition with the party of former prime minister Silvio Berlusconi . Carlo Cottarelli , an economist, has previous government experience under the short-lived centre-left government of Enrico Letta , chosen to identify areas where government spending could be trimmed.

by | May 31, 2018 | 07:12

Fisher, who has been at CR for 19 years and tested more than 1,000 cars said in the CR write up of the testing and new decision that he's "never seen a vehicle that could improve its track performance with an over-the-air update ". Despite the thumb's up from Consumer Reports , Tesla remains under scrutiny for a number of accidents involving its vehicles' "Autopilot" system.

by | May 31, 2018 | 02:27

The route will be aimed at business passengers, offering 67 seats in business class and 94... The route will initially be served three times a week, departing Singapore on Monday, Thursday and Saturday. Singapore Airlines will use the long-range Airbus A350-900ULR (ultra-long-range) for the flights, which will be able to carry 161 passengers, but won't be available to economy travellers.

by | May 30, 2018 | 20:13

The price does not include any additional costs of expanding the pipeline. "So, I guess the Kinder Morgan shareholders weren't willing to take the risk but the Canadian government has determined that taxpayers are willing to take the risk".

by | May 30, 2018 | 18:55

BMO also sent a warning about fraudsters on Monday morning. The bank says that fraudsters contacted it on Sunday claiming to be in possession of certain data for a "limited number of customers" and it believes the attack was originated outside of Canada.

by | May 30, 2018 | 18:04

The decision to pare positions in crude points to deeper unease about the sustainability of the rally in oil prices over the last 10 months, said John Kemp, a Reuters market analyst. Most producers weren't consulted about the proposal to revive supplies. In addition, USA oil production is ramping up quite steadily. That said, emerging market risks are rising and the sentiment seems to be turning away from them.

by | May 30, 2018 | 17:50

Earlier today, Oil Marketing Companies (OMCs) reduced fuel prices by 1 paisa hours after erroneously announcing a cut of 60 paise. Fuel prices in Delhi now stand at Rs 78.42 per litre for petrol and Rs 69.30 per litre for diesel .

by | May 30, 2018 | 13:29

According to police, the driver in the Tesla sustained minor injuries. The police officer was not in the SUV at the time of the crash. "The police vehicle is totaled". " Tesla has always been clear that Autopilot doesn't make the auto impervious to all accidents". Tesla's autopilot feature has attracted heavy scrutiny after a number of crashes.

by | May 30, 2018 | 07:24

Then, on Tuesday, the White House abruptly changed its tune. "Under Section 301 of the Trade Act of 1974, the United States will impose a 25 percent tariff on $50 billion of goods imported from China containing industrially significant technology, including those related to the "Made in China 2025" program", the release said.

by | May 30, 2018 | 05:41

Besides Panera and Au Bon Pain , the firm owns high-end coffee brands Peet's, Caribou and Stumptown. Nestle meanwhile recently boosted its position as the world's biggest coffee company with a $7.15 billion licensing deal with Starbucks Corp ( SBUX.O ).