Money

by | June 07, 2017 | 11:26

According to Statistics South Africa , the country has experienced eight economic recessions since 1961, with the longest occurring in 1991-1992, due to a global economic downturn. The upcoming credit rating decision from global credit rating agency Moodys' is going to be a critical moment. Political instability, high unemployment and credit ratings downgrades have dented business and consumer confidence in South Africa and the rand extended its losses against the dollar, while ...

by | June 07, 2017 | 11:24

Dish settled with 46 of the states, paying a total of about $6 million. The company disagrees with the ruling and will appeal it, a spokesman said . Dish said Monday the company "has long taken its compliance with telemarketing laws seriously, has and will continue to maintain rigorous telemarketing compliance policies and procedures".

by | June 07, 2017 | 11:19

And in several states, including California and NY, serious initiatives are underway to go in an entirely different direction, with state-run single-payer systems that would in theory replace all existing public and private insurance with a universal insurance plan modeled on Medicare .

by | June 07, 2017 | 11:11

The national unemployment rate nudged lower, to 4.3 percent from 4.4 percent - a level that was already the lowest in 10 years when it was announced last month. The unemployment rate for whites declined slightly to 3.7 percent in May. "After the recession, we saw employers hire people with higher levels of qualifications, and it seems like that habit has stuck through the recovery", said Cathy Barrera, chief economic adviser at the jobs firm ZipRecruiter.

by | June 07, 2017 | 11:12

But he told NBC News anchor Lester Holt later in May the Russian Federation probe - though a "made-up story" according to Trump - was on his mind when he fired Comey. Trump was asked directly at a press conference last month if he had "in any way, shape or form" asked Comey to "back down the investigation into Michael Flynn ", and he strongly denied it.

by | June 07, 2017 | 11:12

It may take something sleeker, like the new 10.5-inch iPad Pro , to get people to upgrade. Of course, the App Store is packed with newer apps , so users should be able to find alternatives in most cases. iOS 11 will run on the iPhone 5s and all follow-up smartphones, including the SE. You have to download an app to recognize them, and even still they don't tend to work like they should.

by | June 07, 2017 | 11:11

The Trump organization's business partner in this MS business venture is an Indian-American family that owns Chawla Hotels. Their Mississippi launch partner: Chawla Hotels, a regional business run by an Indian-American family, which plans to change over at least three of their existing hotels from other national brand names.

by | June 07, 2017 | 11:09

Unlike those other smart speakers, Apple is positioning the HomePod primarily as a way to listen to and discover new songs and artists. Running behind Amazon, Google and the Android creator Andy Rubin's Essential Home , Apple has finally confirmed its own standalone digital assistant product, or "Siri speaker", the HomePod .

by | June 07, 2017 | 11:04

Some 8,000 U.S. military personnel are stationed at al Udeid in Qatar, the largest USA air base in the Middle East and a staging ground for US-led strikes on the Islamic State militant group that has seized parts of Syria and Iraq. Qatar reportedly denied funding terrorists and speculated that recent controversy is entirely "based on misinformation". "Perhaps this will be the beginning of the end to the horror of terrorism!" I think Donald Trump gave away the game with his two tweets where ...

by | June 07, 2017 | 11:01

He said there are areas where the White House and congressional Republicans share similar goals. "Instead of keeping his promises, this budget is further evidence that President Trump has fully embraced the agenda of far right congressional Republicans, which prioritizes tax cuts for those at the very top above all else".

by | June 07, 2017 | 10:52

The Wisconsin-based Cortina Asset Mngmt Ltd Llc has invested 0.25% in Chesapeake Utilities Corporation (NYSE: CPK ). Chesapeake Energy Corporation (CHK ) is an interesting player in the Basic Materials space, with a focus on Independent Oil & Gas.

by | June 07, 2017 | 10:48

The stock of Kinross Gold Corporation (USA ) (NYSE:KGC) has "Buy" rating given on Monday, May 29 by BMO Capital Markets. Kinross Gold Corporation (USA ) (NYSE:KGC) generated $250.9 million of adjusted operating cash flow, an increase of 17.2% ($43 million) compared to Q1 2016.

by | June 07, 2017 | 10:45

But it won't available until December 2017. "Just know that it sounds incredible". Apple may be able to help. " Apple has been warning of this migration to its 64-bit hardware for a number of years, but this news will still undoubtedly blindside a number of its customers, " Ernest Doku, a telecoms expert at uSwitch.com told the BBC.

by | June 07, 2017 | 10:37

AMD traditionally has a better reputation for mining cryptocurrencies. We'll have to see what actually happens, but it doesn't seem like a insane idea: the popularity of cryptocurrency mining is having a great effect on the stock of certain power-efficient and cost-effective graphics cards.

by | June 07, 2017 | 10:38

Meanwhile, geopolitical tensions in the Middle East also weighed on investors' sentiment. One Comey associate said lawmakers should expect a vivid picture of his private interactions with the president. The Faith and Freedom Coalition's "Road to Majority" conference announced Tuesday that the president had agreed to address the annual gathering Thursday.

by | June 07, 2017 | 10:37

Back in March 2016, Apple made its first attempt to answer these queries with a new iOS update but still seem to miss the mark. And now that Apple thinks so too, it's a question of whether slick software and a massive customer base will help the company leapfrog its competitors' considerable head starts.

by | June 07, 2017 | 10:32

U.S. President Donald Trump floated putting solar panels on his planned Mexican border wall in a meeting with legislative leaders Tuesday afternoon, according to White House and Capitol Hill officials. Surveillance cameras tower above the U.S. -Mexico border fence at Playas de Tijuana in Tijuana, Mexico. Trump had also promised that Mexico would pay for the wall.

by | June 07, 2017 | 10:27

Apple saved the final of the day's 6 announcements to introduce the HomePod , a $349 part smart speaker, part home audio device meant to compete with Amazon's Alexa powered Echo device (priced at $179). The research firm eMarketer says than 35 million people in the USA are expected to use a voice-activated speaker at least once a month this year, more than double its estimate from last year.

by | June 07, 2017 | 10:25

Director James Comey is slated to testify Thursday in a hearing on Capitol Hill, the first time since he was suddenly fired by US President Donald Trump , Xinhua reported. The Australian dollar was little changed at $0.7487. The currency traded in a range of C$1.3457 to C$1.3498. The Australian dollar climbed to $0.7508 from 0.7489 dollar.

by | June 07, 2017 | 10:24

Amazon on Tuesday announced that it is lowering the price of its Prime subscription service for USA customers participating in select government assistance programs. Amazon already owns the high-income shopper segment in the U.S. Now it's making a bid to court those who have less income at their disposal. Customers can qualify for this sort of a membership every 12 months for a maximum of four times.

by | June 07, 2017 | 10:23

Essentially Apple is issuing every iOS user a virtual card that will hold a balance they can spend anywhere they want. This new software, launched with iOS 11 , will allow users to send fellow iOS 11 users payments through iMessage, helping eliminate the need for third-party applications, like the ones mentioned before.

by | June 07, 2017 | 10:20

Mr Ashton said there was no indication at this stage that Khayre's actions were planned in concert with others. "It is a terrorist attack and it underlines the need for us to be constantly vigilant, never to be deterred, always defiant, in the face of Islamist terrorism", he said.

by | June 07, 2017 | 10:18

Critics have pointed out safety concerns of turning over something as important as airways to a private company, as well as fears of turning air traffic control into a monopoly. However, others in the industry have not been as keen. Indeed, the National Air Traffic Controllers Association supported Shuster's 2016 bill. Though his bill died in Congress, earlier this year Shuster told FlightGlobal that he viewed Trump as an ally in the effort.

by | June 07, 2017 | 10:16

According to the CBO , the current Obamacare system would result in "sufficient demand for insurance by enough people, including people with low health care expenditures, for the market to be stable in most areas". "We got to get premiums down and we got to make sure that people with pre-existing conditions can get affordable coverage ". According to the CBO , the insurance markets in those states - where about a sixth of the US population lives - would become unstable as a result, ...

by | June 07, 2017 | 10:10

Trump's key adviser Steve Bannon. On May 12, Trump tweeted that " James Comey better hope that there are no "tapes" of our conversations before he starts leaking to the press!" I said I have not had a discussion with him. Rosenstein's public testimony will be the first since he appointed - in the face of rising pressure from Congress - former FBI Director Robert Mueller as special counsel investigating possible links between Russian Federation and the election.

by | June 07, 2017 | 10:13

Brands like J. Crew have also faced problematic in-store traffic trends as more shopping gravitates to online channels. Drexler will end his 14-year tenure in July, though he'll stay on as chairman, the company announced Monday. "Given elevated leverage, deteriorating operating trends and negative cash flow projections, debt restructuring risk is increasing in advance of J.Crew's May 2019 holdco note maturity ($567 million due)", Fitch said , predicting that the company will lose between ...

by | June 07, 2017 | 10:09

More than 35 million people in the US are expected to use a voice-activated speaker at least once a month this year, more than doubling from last year, according the research firm eMarketer. Analysts and investors were watching Apple's annual developers conference for signs of what the company's next blockbuster product might be a decade after the introduction of its iPhone.

by | June 07, 2017 | 10:05

The main political parties suspended national campaigning after seven people were killed and nearly 50 hospitalized in a vehicle and knife attack Saturday night in the bustling London Bridge area. Prime Minister Theresa May will be racking up the miles visiting London , Scotland and Yorkshire, while her Labour opponent will be in the North East.

by | June 07, 2017 | 10:05

Sumitomo Mitsui Trust Holdings Inc. raised its position in Tesla by 21.3% in the third quarter. Asset Management One Co. Tesla Inc has a 52 week low of $178.19 and a 52 week high of $359.49. Nearly all S&P 500 companies have moved to annual elections for board members as of previous year, up from just 56 percent a decade earlier, according to a report by executive-search consultant Spencer Stuart.

by | June 07, 2017 | 10:00

The outcome largely matched economist's forecast for growth of 0.3 per cent and 1.6 per cent respectively. Australia's economy shrugged off a cyclone powered bad-weather hit to exports and home building in the first quarter, posting just enough growth to claim almost 26 years without recession - equalling the Netherlands' 103-quarter record.

by | June 07, 2017 | 10:00

Before ride-sharing was permitted, upstate NY was one of the few places in the county where Uber, Lyft and other services weren't allowed to operate. City Attorney Herrera added they are seeking four years of records from the companies. Companies are also required to adopt anti-discrimination policies for all passengers, including those with disabilities. The two firms have 15 days to turn over the requested records, or they will be subject to penalties handed down by local courts, to be ...

by | June 07, 2017 | 09:58

The arrest came before the Superior Electoral Court met to study allegations the 2014 Rousseff-Temer ticket received illegal campaign financing. Demonstrators holds signs that read in Portuguese: "Remove him now!" and "Get out Temer", referring to Brazil's President Michel Temer outside a presidential office building in Sao Paulo , Brazil, Tuesday, June 6, 2017.

by | June 07, 2017 | 09:56

New York City comic Wil Sylvince captured the video of her lashing out and posted it to Facebook . At one point during her rant she also mock spat on club manager , leading to her arrest and another barrage of insults. She said that she wanted to go to the hospital, but did not and did not get tested because a nurse at the police station said it would "delay everything".

by | June 07, 2017 | 09:54

Apple still has some explaining to do when it comes to the finer details. Here are some of those areas which iOS 11 will bring forward a new experience with iOS 11. This includes sharing through multiple services including Apple Pay . The feature will automatically silence your notifications once it detects that you are in motion.

by | June 07, 2017 | 09:55

Seven people were killed and an additional 48 injured in attacks at London Bridge and Borough Market after terrorists drove a white van into pedestrians crossing the bridge. His mother Phyllis Larner, 78, said: "Roy is quite nippy and lippy - he wouldn't back down from a fight'". Several other stories of heroism have emerged since the London Bridge attacks , including that of journalist Geoff Ho who was left in intensive care after deciding to "face the attackers down".