Money

Take it from the Fed: Low interest rates aren't going anywhere

MORE NEWS THIS CATEGORIES

Ford Will Split Electric Vehicle Manufacturing Between Mexico and United States

Ford Motor Co . is shifting its previously announced investments in its MI plants that will produce the next-generation of electric cars and autonomous driv...

Facebook settles with ACLU over discriminatory ads

All advertisers creating related ads must certify compliance with anti-discrimination laws. How, and even if, that can be avoided is still a hot topic among m...

Powerball Jackpot Expected To Hit $495 Million

When a jackpot victor is determined, the prize will reset at $40 million. Pick 3 winners receive $500 for a $1 straight bet and the odds of winning are 1-in-1...

Powerball draws numbers in nearly half-billion jackpot

A pair of $50,000 Wisconsin wins came from the most recent draw on March 13. She knew that she had won since the morning after the drawing, according to the s...

Federal Reserve now expects no USA interest rate hikes in 2019

In contrast to projections through much of past year, Fed policymakers no longer see the need to move rates to a "restrictive" level as a guard against inflatio...

There's a Three-Way Tie for World's Most Expensive City

As Tamara Hardingham-Gill reports for CNN , the ranking was compiled by the Economist Intelligence Unit , part of the sister company of the Economist ne...

Trump tells GM to 'bring jobs home' after Ohio plant closing

He said he was miffed that the Lordstown plant was closed earlier this month "when everything else in our Country is BOOMING. I asked her to sell it or do somet...

Google Hit With €1.5 Billion Fine Over Online Advertising

Adsense for Search does not refer to the famous ads above Google.com search results but, instead, are ads displayed in "Custom Search" results that can be embe...

Markets cautious ahead of Fed statement

Some market players said selling was triggered by a report of USA concerns that China is pushing back against American demands in trade talks. On the whole, tho...

Lyft opens its IPO road show, to offer more than 30M shares

If all goes according to Lyft's plan, the tech giant is poised to become one of the largest US -listed new tech offerings since Alibaba Group went public in 201...

Monsanto found responsible for cancer case by U.S. court

The unanimous decision in the US District Court in California found Roundup caused 70-year-old Edwin Hardeman to develop non-Hodgkin's lymphoma after he used it...

Cash crunch grounds two-thirds of under-debt Jet Airways fleet

The minister's comment comes in the wake of the airline reducing its operations due to a liquidity crunch, PTI reported. Passengers have been stranded at Ab...

US SEC stunned that Musk failed to get pre-approval of tweets

During this period, the company launched a $35,000 version of its Model 3 sedan vehicle and a lower-priced SUV-Model Y. In a tweet on February 19, Tesla CEO E...

Fisker Reveals Unnamed $40000 Electric Crossover to Rival Tesla Model Y

He tweeted the news about the EV SUV on Monday after teasing about it over the weekend. Designer Henrik Fisker says the goal with the exterior styling w...

RCom, Reliance Jio terminate pact for sale of telecom assets

Swedish telecom equipment maker Ericsson has received ₹4.62 billion from Anil Ambani-led Reliance Communications Ltd (RCom), a spokeswoman for Ericsson said o...

Donald Trump fumes, 'disappointed' about shuttered GM Ohio plant

Less than 24 hours later, President Trump sent out another tweet discussing the Lordstown GM plant, this time specifically addressing a local union boss about...

Rising US oil clout on show in Houston

Oil prices rose yesterday, driven by OPEC's current production restrictions and United States sanctions against Iran and Venezuela . Oil prices were st...

VW Confirms City Car-Sized Electric Vehicles

Reservations for each of these models already total 20,000 units, the automaker said. In an attempt to become one of the largest electric vehicle manufacturer...

Fiscal watchdog slashes UK growth forecast to lowest since financial crisis

Previously the OBR had predicted growth of 1.4% for 2021 and 1.5% in 2022. Hammond said the economy was "remarkably robust", despite the "cloud of uncertainty...

Elon Musk Reverses On Tesla Price Cuts

Tesla is expected to begin taking orders for the Model Y shortly after Thursday's reveal, but buyers won't take delivery for a while. Unfazed by the fact t...

Pi Day 2019: Where to find deals around metro Detroit

Bertuccis - At this eastern U.S. pizza chain, receive a free large cheese or Bertucci pizza for $3.14 with the purchase of any large pizza when you use the c...

Baby Powder From Decades Ago Caused Cancer, California Jury Finds

A Superior Court jury in Oakland found the world's largest health care company mainly liable for Teresa Leavitt's mesothelioma . The jury decided against award...

Nissan asking shareholders to vote to oust Ghosn as director：The Asahi Shimbun

The four-member board will comprise Senard, Nissan President and CEO Hiroto Saikawa, Mitsubishi Motors Chairman and CEO Osamu Masuko and Renault CEO Thier...

Crude Inventories Pale, Oil Prices Extend Gains

The global benchmark crude traded at a $9.29 premium to WTI for the same month. Oil prices rose slightly on Tuesday, as the U.S. Energy Information Administ...

Tesla Model Y debuts in California with $39,000 base price

One question has been, would Tesla introduce a base version Model Y to match its recently released $US35,000 Model 3 ($A49,800 at today's rates) from the ge...

Disney to Take Over 21st Century Fox on March 20

If the Election Deadline is rescheduled, 21CF and Disney will publicly announce the rescheduled Election Deadline . The news was made known in a release fr...

Oil hits four-months highs, Brent reaches $68 on tighter supply

The U.S. crude output downward revisions is set to ease worries that the glut of supply in the global oil market, coming mostly from the U.S., will be less than...

Facebook Stock Dips in After-Hours Trading After Latest Executive Departures

Zuckerberg wants to encrypt user content and make posts , messages, and photos ephemeral, much like Snapchat. A campaigner from a political pressure group pr...

Google employee breaks Guinness World Record calculating 31.4 trillion digits of Pi

To calculate the number, Iwao used an application called y-cruncher on 25 Google Cloud virtual machines . "The biggest challenge with pi is that it require...

Facebook struggles to deal with epic outage

Facebook also said that the crash was not due to a DDoS attack - in which hackers overwhelm a website's servers with fake traffic and cause it to crash. That se...

How major USA stock indexes fared Tuesday

Authorities in Ethiopia, China, Singapore , Australia and Indonesia are among the countries that have grounded all Boeing 737 Max 8 aircraft. Another big l...

Four Youths Wanted After Bitcoin ATM Fraud

The total amount generated by the scam is just over US$145,000. Some 112 transactions dating back to September 2018 have been flagged by authorities as double...

Pizza Pizza is offering $3.14 pizzas March 14 only

Spear's Restaurant and Pie Shop , 4323 W. Maple: This restaurant is offering a free slice of pie with any purchase on Pi Day . Biggby Coffee: The Apple Pie...

Inflation Rate at Acceptable Fed Levels in February

The Reserve Bank of India (RBI) factors in retail inflation while deciding at its monetary policy . USA consumer prices rose for the first time in four mon...

Texas Donut Shop Filled With Customers After Sad Tweet Goes Viral

That's where the story - and Billy's dad's business - exploded. Billy By, tweeted about his father's empty shop saying that "My dad is sad cause no one is co...