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Dollar inches up as Fed eyed for June rate steer

It added: "The fundamentals underpinning the continued growth of consumption remained solid". But weak U.S. April auto sales data released on Tuesday added ...

YouTube ad boycott could spell trouble for Alphabet's Google

This quarter it is at $3 billion, compared to $2 billion the same quarter past year, but lower than the $3.4 billion from the last quarter that included the hol...

Energy shares lead world stock losses on volatile oil price

Opec is scheduled to meet on 25 May to decide whether to extend the cuts beyond June or to scale back production further. Even though the cartels production f...

Portland, Oregon to demand controversial Uber software tool

In March, the New York Times first reported that the software tool can be used in such a way which prompted a wave of backlash for the ride-hailing service....

Soft Real GDP Growth in the First Quarter

Reduced business investment in inventories and government spending cuts also crimped gross domestic product growth. But economists said an aging US populati...

Leaked Trump draft order blames NAFTA for 'massive' wealth transfer from US

Trump, speaking in the Oval Office, said he had been days away from signing the order to start the withdrawal process, but he said he has put that plan on hold ...

Dollar gains as Fed stays on track for gradual rate hikes

The Fed has only raised interest rates three times in the last decade, most recently in March this year. Oil prices fell for the fourth day in a row on Thur...

FOMC Holds Rates, Mush "Transitory" Statement Follows: Interesting Bond Reaction

But the USA central bank said it expected growth to pick up again, and made a decision to keep a key interest rate on hold in a range of 0.75% to 1%. The Fed'...

Berkshire Hathaway Q1 Profit Misses By A Mile

Warren Buffett, the world's second richest man, told CNBC that Amazon founder Jeff Bezos, the world's third richest, is "the most remarkable business person of ...

China's first domestically-designed airliner makes its maiden flight

China Eastern Airlines Corp Ltd said that the C919, China's homegrown large passenger jet, is set to become the new star of its 600-plus aircraft fleet, stating...

SpaceX all set to launch first military satellite

The launch, originally planned for Sunday, was delayed 24 hours due to a sensor issue. SpaceX rocket yesterday blasted off with a USA government payload kno...

United CEO apologizes to outraged lawmakers after man dragged off plane

Otherwise, "we're going to act and you're not going to like it", he said , predicting a "one-size-fits-all" solution that may serve some airlines but not other...

State Department Says America's Interest Is Business

Mexico and Canada are ready to engage in what he calls a good faith effort to update their trade ties with the U.S. On North Korea , he says the Trump administ...

USA first-quarter growth weakest in three years as consumer spending falters

Although economists expect growth to pick up pace this year, the slow start to the year isn't rosy news for President Trump as he ends his first 100 days in o...

Puerto Rico Declares Bankruptcy Protection for $70 Billion Debt

And it sends Puerto Rico, whose total debt and pension obligations is $124 billion - far exceeding Detroit's $18 billion bankruptcy filing in 2013 - into unknow...

Buffett sells off part of Berkshire Hathaway's IBM stake

The three-day weekend, which Buffett calls "Woodstock for Capitalists", includes shopping discounts, a five-kilometer run, a cocktail reception that consumes a ...

Chinese-Made Passenger Jet Takes Off For Its First Test Flight

The development of the C919, whose name is pronounced similar to the Chinese world for "everlasting", has been endorsed by the country's leadership, including P...

VWR Corp (VWR) Announces Earnings Results, Beats Estimates By $0.02 EPS

Finally, Deutsche Bank AG reiterated a "hold" rating and set a $26.00 price objective on shares of VWR Corp in a report on Wednesday, January 18th. VWR Corp ...

Buffett cuts stake in IBM and shares slide

In an annual meeting, which is about to held of Saturday, Buffett and Charlie Munger will be answering questions which will go for five hours. On selling 7.1 ...

The Justice Department Has Opened A Criminal Investigation Into Uber

As of now, there have been no comments from the company and the Justice Department. The " Greyball " feature that is now reportedly under investigation was re...

Oil prices have plunged 14% in 3 weeks

While the market takes direction from US inventories and rising production, investors are also monitoring whether producing countries have been complying with t...

GOP-led panel OKs bill to overhaul Dodd-Frank

Senate. Under this bill, arbitration would be prohibited not only if a relationship with a consumer was created fraudulently, but also if the relationship was...

Fed holds key interest rate steady, downplays recent weak economic data

Asian stock markets slipped and the dollar held its ground today after the US Federal Reserve's latest assessment of the USA economy reinforced expectations for...

Le Pen steps aside as National Front leader until election runoff

Leftwinger Mr Melenchon has refused to endorse either candidate. Ms Le Pen entered politics in the shadow of her father, Jean-Marie Le Pen , who founded ...

The Arrowpoint Asset Management LLC Sells 64200 Shares of Apple Inc. (AAPL)

State Street Corp boosted its position in shares of Apple by 2.0% in the fourth quarter. Parametrica Management Ltd acquired a new stake in shares of Apple du...

Canada throws Twitter shade at Trump over trade dispute

The step escalates an economic battle among neighboring countries that normally have one of the friendliest worldwide relationships in the world. U.S. The iss...

Penguins push Capitals to the brink of another disappointing ending

The defending Stanley Cup champions lead the series 2-1, an advantage they built thanks in large part to Crosby. Washington doesn't do well when they have a...

Activists fear rights erosion after U.S. decision in Louisiana case

Veda Sterling spoke at a vigil Tuesday outside the convenience store where her nephew Alton was shot. "Our heart goes out to the family". The case is not comp...

Profit down 27 percent at Buffett's firm on investment gains

Berkshire Hathaway said Friday it earned $4.06 billion, or $1.65 per Class B share. Berkshire held $96.5 billion in cash at the end of the first quarter, up fro...

Greece says new bailout terms agreed with lenders

The discussion on Greece's primary surplus targets for the years after the end of the program in 2018 is attached to negotiations about the sustainability of ...

China's C919 airliner gets set to challenge Airbus and Boeing

For another, it still lacks certifications for worldwide flights, such as from the US Federal Aviation Administration, which it needs if the C919 wants to fly ...

SpaceX launches Falcon 9 on secret, classified mission

Department of Defense, which has previously worked exclusively with United Launch Alliance , a SpaceX competitor. The launch originally was set for Sunday,...

Tillerson to seek action on North Korea during Asia meeting

Diplomats say USA pressure has caused some irritation in ASEAN, including Malaysia, which has maintained relations with Pyongyang in spite of the assassination ...

Trump to unveil tax cut he says could be biggest ever

In an address to Congress in February, Trump said his team was working on "big, big" tax cuts for Americans and American companies. Treasury Secretary Steve...

Potential break in California murders of Zeeland man, fiancé

Sonoma County Sheriff Steve Freitas said at a Friday news conference that Shaun Gallon, 38, of Forestville in Sonoma County is suspected in the deaths of Lindsa...