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United States trade deficit widens in August

The trade war with China, and the uncertainty that surrounds it, have disrupted companies' supply chains, increased input costs and delayed investments in hirin...

BP CEO after Robert Dudley steps down

The announcement was expected, with speculation that Dudley was ready to bow out mounting over recent weeks. He would have talked to President Helge Lund abou...

Fed's Powell: US economy in a good place, despite some risks

The Fed "will act as appropriate to sustain a low unemployment rate and solid growth and stable inflation", Fed Vice Chairman Richard Clarida said in NY, re...

FT: HSBC may slash up to 10,000 jobs to cut costs

The bank, one of several European lenders eliminating roles, is questioning why it has so many people in the region when it has double-digit returns in parts of...

PayPal becomes first member to exit Facebook's Libra Association

PayPal has pulled out of Facebook's digital currency project, known as Libra , a blow to the social media company that has faced stronger-than-expected sc...

Apple CEO Not Excited About Crypto, Thinks Money Should Be Governmental

Cooks highlighted that Apple does not believe in the idea of private corporations setting up private currencies that compete with each other. With his statem...

US unemployment rate falls to 3.5%; job growth steady

Nonfarm payrolls increased by 136,000 jobs last month, the government said . Friday's jobs data underscored the benefits of a hot job market for lower-paid A...

Production of crude oil falls in U.S.

That came after payrolls and manufacturing numbers fell short of estimates earlier in the week. Razaqzada that weak economic data, particularly from the Unite...

PMC Bank fraud: Mumbai Police arrest suspended MD Joy Thomas

During their inquiry, police did not got satisfactory anwsers to specific questions, following which both were arrested on the basis of certain facts which surf...

PMC bank fraud: ED raids underway at six locations in Mumbai

The FIR names the bank's chairman Waryam Singh and its managing director Joy Thomas, along with other bank officials and accuses them of criminal breach of trus...

National Taco Day Is Tomorrow: Free Food & Special Deals

Viva Villa // Taco happy hour will continue through the afternoon, with $1 bistec or el pastor tacos from 11 a.m.to 1 p.m. 905 Dolorosa, (210) 987-8482, vivavi...

Samsung Pay launches virtual cash card, worldwide money transfer

The Korean giant thinks it's a great way for users to manage their budget as they can simply load money onto Samsung Pay Cash and use that for grocery and oth...

RBI revises GDP growth forecast to 6.1%

That has raised expectations the RBI will be forced to further downgrade its growth projection of 6.9 percent for the current fiscal year. The reverse repo rate...

Whole Foods Recalls Cheese Product Over Possible Listeria Contamination

Gordon Food Service's frozen and diced chicken products, including white and dark meat, have been recalled by the company on October 1 due to possible Listeria...

Flutter Entertainment and The Stars Group to merge

The deal is also expected to boost Flutter's underlying earnings per share by at least 50% in the first full financial year following completion. Peter Jac...

Visa and Mastercard stand against Facebook's Libra

The reason behind this sudden shift in thoughts is the regulatory scrutiny that Libra is facing from the past few months. In an interview with CNBC, Visa...

Surprise early unveiling for new Corvette C8.R

It also noted that the convertible will provide the same storage capacity as the coupe , even with the top down. "We put the world on notice when we introduc...

Google Faces $3.9B iPhone Privacy Lawsuit After London Court Reinstates Case

Google told the Financial Times that it meant to appeal the reversal to the country's Supreme Court. Of their authorized motion, claimants accused Google of...

Half of Forever 21 stores in KC metro could close

An outlet in Roseville's Westfield Galleria mall and the one in Folsom's Palladio at Broadstone were listed among 178 lackluster stores in the United States t...

Tesla's shares tank after missing estimates on vehicle deliveries

Reuters says the videos making the rounds include a Tesla striking a wall and another being hit by vehicle backing up while the Summon feature was being used. ...

Germany may have fallen into recession in September, services PMIs show

The UK construction industry is stuck in a "devastating" downturn, with new figures showing the sector's output shrinking further in September. Delivery time de...

UAW rejects new GM offer, makes new counterproposal

Dan Flores, a GM spokesman, linked the changes in Mexico to the US negotiations. J.P. Morgan analysts estimated the strike has cost GM $1 billion so far. Ea...

US manufacturing activity sank to decade-low

A reading above 50 denotes growth in the sector. Despite the PMI being in contraction territory, the overall economy grew in September for the 125th consecuti...

US puts 25% import tariff on Dutch cheese

The WTO says the US retaliation can take the form of a suspension of tariff concessions and other elements of trade agreements. A 10% tariff will be imposed...

Picture of what Boris Johnson's plan needs to look like

Instead, the government suggested "the potential creation of an all-island regulatory zone on the island of Ireland, covering all goods including agrifoods". Br...

Toronto has world's second most overvalued properties; Vancouver is second

Hong Kong ranked third, followed by Amsterdam, Frankfurt, Vancouver, and Paris. Toronto, Canada, and Hong Kong are numbers two and three. The UBS Global Real...

Samsung stops making phones in Chinese plants

Samsung is still planning to sell its phones in China, but now it will only manufacture them in other countries. Why Samsung is pulling out production in Ch...

Schwab drops stock trading commissions as fee war escalates

TD Ameritrade lost 22.7%, on pace for its worst day in 13 years. The elimination of these commissions is the equivalent of $90-$100 million in quarterly reve...

Stocks down: Dow slides more than 500 points as economic concerns flare

The Nasdaq Composite Index dropped 1.8 per cent, while the Dow Jones Industrial Average slid 2 per cent. Within the S&P 500 , consumer discretionary, con...

Australia cuts key interest rate to record low 0.75%

Westpac Banking Corp and Australia and New Zealand Banking Group joined the country's other "Big Four" lenders in skipping the chance to pass on the central ...

Thomas Cook France placed in receivership, 780 jobs at risk

However, refunds of bookings made by other payment methods will take longer, because the CAA does not now possess all necessary information from Thomas Cook ...

CBOT agricultural futures end lower on technical selling

The deals offered some support to a market anxious that the prolonged U.S./China trade war will continue to depress Chinese imports of U.S. soybeans. "Unfortu...

United Kingdom response to WTO ruling on Airbus

The WTO ruling is the latest blow in a 15-year battle between the European manufacturer and its U.S. rival, Boeing over state aid given to the companies. ...

WeWork Pull IPO Filing, Investors Wary

According to Chris Lane, a senior analyst at NY brokerage Sanford C. Bernstein, if WeWork's valuation becomes $20 billion, SoftBank and its subsidiary, Vision...

FAA Gives UPS Permission to Deliver Packages by Drone

Wing, which is owned by Google parent Alphabet, received a similar approval from the FAA in the spring and announced last month that it would begin a pilot prog...