Finance

by | August 29, 2018 | 08:59

It's not entirely clear how Toyota stands to gain from this deal, however. Previously, Uber and Toyota partnered on an electric mobility project. In July, Uber took a step toward relaunching autonomous vehicle testing in Pittsburgh streets.

by | August 28, 2018 | 22:57

Negotiations among the three partners, whose mutual trade totals more than $1 trillion annually, have dragged on for more than a year, putting pressure on the Mexican peso and the Canadian dollar. We're gonna call it the United States-Mexico Agreement. "For more clarity, maybe ask the Mexicans", the official said. The sides also agreed that 40-45 percent of cars must be made at "high wage" factories where workers receive $16 an hour in order to receive duty-free treatment, something that ...

by | August 28, 2018 | 18:40

In a statement , Trump said "America has ... finally turned the page on decades of unfair trade deals that sacrificed our prosperity and shipped away our companies, our jobs and our Nation's wealth". Trump says the details are still being finalized but noted the deal is good for trade, jobs and farmers. "I think it's an elegant name", Trump said at an event Monday at the White House.

by | August 28, 2018 | 18:09

Investors in Tesla's bonds and convertible debt also had shown skepticism that the buyout would materialize during the days after that tweet , and a subsequent blog post in which Musk made a case for going private. Musk had hired advisers including Goldman Sachs Group Inc. and Silver Lake as well as Morgan Stanley. It remains unclear what Musk meant by "funding secured".

by | August 28, 2018 | 15:30

Congress gave Mr Trump the authority to do only a trilateral deal, with both Canada and Mexico. Prior to Trump's remarks, Canadian Foreign Minister Chrystia Freeland said through a spokesman that "Canada is encouraged by the continued optimism shown by our negotiating partners".

by | August 28, 2018 | 13:00

US State Secretary Mike Pompeo described Iran's filing with the ICJ as " an attempt to interfere with the sovereign rights of the US ". Trump's move breaches a 1955 treaty. "[America's] focus is on a psychological war against Iran and its business partners", Zarif said. "The United States has claimed that the very objective of these measures is to cause maximum damage to Iran".

by | August 28, 2018 | 12:45

U.S. stock indexes hit fresh records Monday as the United States and Mexico struck a tentative a bilateral trade deal that's expected to replace the 24-year old North American Free Trade Agreement . But Mexico's foreign minister on Monday suggested a bilateral deal without Canada could be acceptable. Trudeau has insisted his government will only sign a deal that's good for Canada.

by | August 27, 2018 | 22:30

Trump said Monday during an Oval Office event that he'll be calling the emerging agreement the "United States-Mexico Trade Agreement" - a name that would exclude the third NAFTA partner, Canada . Trump said the NAFTA name will be discarded, citing a "bad connotation". "Mexico has promised to immediately start purchasing as much farm product as they can".

by | August 26, 2018 | 23:11

Strong Performance The Fed chairman said he expected the economy's "strong performance will continue" and as a result the Fed's "gradual process of normalization remains appropriate". Powell said he is well aware of the consequences of the Fed acting too aggressively. Powell did not mention Trump in a speech at a central bankers conference in Jackson Hole , Wyo .

by | August 26, 2018 | 22:58

Verizon will allow public safety workers, such as firefighters, police officers and Emergency Medical Services personnel - as well as the federal justice agencies, including the FBI, CIA and Secret Service - to have unlimited data with no price increases and data caps, said Tami Erwin, executive vice president of operations for Verizon Wireless .

by | August 26, 2018 | 12:29

USA inventory data has been volatile in recent weeks, with the EIA last week reporting a 6.8 million barrel increase in crude stocks for the week prior. Instead, both countries activated another round of dueling tariffs on $ 16 billion worth of each other's goods. “Crude stocks drew due to sharply lower crude imports and near-record refinery crude runs.”.

by | August 25, 2018 | 19:55

Cohen pleaded guilty on Tuesday to handling hush money for Mr Trump in violation of campaign finance laws. Cohen also stated in court that a similar payment was made by American Media Incorporated (AMI), a corporation that owns the National Enquirer and other tabloids, to former Playboy model Karen McDougal , for the same objective and also with the involvement of Cohen, Trump and the Trump campaign.

by | August 25, 2018 | 10:43

The small-cap Russell 2000 index .RUT , which is less affected by global tariff disputes than its large-cap peers, jumped to a record high. The Nasdaq composite rose 15 points, or 0.2 percent , to 7,905. The Dow Jones Industrial Average has appreciated about 300 percent. The Federal Open Market Committee released its meeting minutes with little directional change in the monetary policy outlook as the economy appears likely to call for continued rate increases.

by | August 24, 2018 | 21:05

US President Donald Trump has insisted he will not back down in a standoff with Turkey over a detained US pastor . In a pre-recorded address to mark the four-day Eid al-Adha festival, which starts on Tuesday, a defiant Erdogan said the aim of the currency crisis was to bring "Turkey and its people to their knees".

by | August 24, 2018 | 13:30

The US crude was on track for its seventh consecutive weekly decline and global benchmark Brent was set to drop for a third week, as reported by Reuters . Oil prices have gained in the last two sessions following weeks of declines on the prospect of lower oil supply from Iran. Oil futures extended gains in post-settlement trade after data from industry group the American Petroleum Institute showed that USA crude stockpiles fell 5.2 million barrels last week, more than three times ...

by | August 24, 2018 | 12:36

But seeing it all together, my initial feeling is that Google didn't do much with the Pixel 3 XL that will change the mind of anyone who wasn't blown away by the Pixel 2 XL previous year. I don't quite feel the same about this latest Google Pixel 3 XL leak , which is the whole picture. The device is said to have a 1440×2960 resolution, which gives us a pixel density of 491 ppi on the 6.7-inch screen, which would result in a display which will not be not as sharp.

by | August 24, 2018 | 07:43

China responded immediately with 25% tariffs on an equal amount of American goods , such as chemical products and diesel fuel. China had to "continue to make the necessary counter-attacks", its commerce ministry said in a statement immediately after USA tariffs began at 04:00 GMT.

by | August 24, 2018 | 06:01

Liquidation sales will begin as early as August 30 at these closing stores, said Sears Holdings. Sears Department Store is closing this fall at Bloomington's Eastland Mall. A media release said the stores were "unprofitable". As previously reported by FOX Business, Sears added 43 stores to its list in July, which at that point had increased to 265.

by | August 24, 2018 | 05:25

This email will be delivered to your inbox once a day in the morning. His plea came as former Trump campaign chairman Paul Manafort was found guilty on eight charges in a separate financial fraud trial in Alexandria, Virginia, stemming from a federal investigation into Russian meddling in the 2016 United States election and possible coordination with the Trump campaign.

by | August 24, 2018 | 04:15

Bloomberg reported on the story while noting that three different people cited the President's private remarks. Trump told Reuters that he was "not thrilled " by Powell's decision to raise interest rates and would continue to criticise the Fed if interest rate hikes continued.

by | August 23, 2018 | 19:30

Mentor has claimed she was offered the public enterprise minister post by the Gupta family at their Saxonwold home in Johannesburg‚ with Zuma present in the house. Although the panel does not have powers to arrest or prosecute, evidence it collects can be used in any future prosecution. In 2016, Jonas alleged that in October 2015 the Guptas had offered him a promotion and a bribe of R600-million, two months before then-finance minister Nhlanhla Nene was sacked.

by | August 23, 2018 | 18:56

If Dutton's supporters succeed, Turnbull is likely to be ousted without completing three years in power, and whoever replaces him will become Australia's seventh prime minister in a decade. "What I'm endeavouring to do is to obviously ensure that the party is stable, to maintain the stability of the government of Australia ", he said.

by | August 23, 2018 | 17:26

The oil minister also said that efforts are underway to replace the French company with Iranian ones. Mr Trump followed up his announcement to quit the nuclear accord by warning countries and companies which continue to trade with Iran would also be slapped with sanctions.

by | August 23, 2018 | 12:40

The S&P 500 index, which is made up of 500 heavyweight U.S. companies, has been generally on the rise for 3,453 days, having risen from the ashes of the financial crisis in March 2009. The stock market isn't a geometry project, skeptics note, it's a tool for capital formation, something people depend on for retirement. What can't be questioned, though, is that bullish investor sentiment has been going on for years in the US.

by | August 23, 2018 | 11:48

Turkey is reeling from a massive sell-off of its currency as Washington imposed sanctions and threatened new ones if an American pastor under house arrest isn't released. Turkey President Recep Tayyip Erdogan on Saturday said that Turkish forces would continue its counter-terrorism operations in Iraq and Syria. The Minister of trade of Turkey Ruhsar Pekcan announced that Ankara is in accordance with the available under the world trade organization (WTO) mechanisms have already ...