Money

Money Powell says Fed won't buckle to pressure from Trump on rate cuts
Author: 0 Powell says Fed won't buckle to pressure from Trump on rate cuts

The U.S. Congress "chose to insulate the Fed" from political pressure "because it had seen the damage that often arises when policy bends to short-term political interests", Powell said in his speech. The Dow Jones Industrial Average fell 179.32 points, or 0.67%, to 26,548.22, the S&P 500 lost 27.97 points, or 0.95%, to 2,917.38 and the Nasdaq Composite dropped 120.98 points, or 1.51%, to 7,884.72.

Money Amazon Prime Day 2019 announced for 15 July, will last two days
Author: 0 Amazon Prime Day 2019 announced for 15 July, will last two days

Prime members will also enjoy free expedited worldwide shipping with no minimum order threshold for all Prime eligible products through the Global Store during Prime Day . You'll have to grab yourself an Amazon Prime membership if you don't have one in order to take advantage of the deals, so this is the flawless time to start a 30-day free trial.

Money Eldorado Resorts takes on bigger rivals with $8.5 billion Caesars buy
Author: 0 Eldorado Resorts takes on bigger rivals with $8.5 billion Caesars buy

Eldorado's offer of $13.01 per share represents a premium of about 30% to Caesar's closing price on Friday. The combined company's ownership would be split roughly between Eldorado and Caesars shareholders, the sources said. "We intend to allocate the significant free cash flow from the combined company to reduce leverage while investing to improve the customer experience across the platform", said Eldorado's Chief Executive Officer Tom Reeg .

Author: 0 What Are Iran's Options In The Standoff With The U.S.?

Last week, Iran shot down an unmanned U.S. drone in the Gulf. "Iran's killed many, many people a day", Trump told NBC. Earlier this month, Iran's foreign ministry said new sanctions announced June 7 by the USA showed that Trump's call for negotiations with the Islamic Republic - one repeated over the weekend - were hollow.

Money Bill Gates: Microsoft Isn't 'The' Leading Company Because of Windows Phone
Author: 0 Bill Gates: Microsoft Isn't 'The' Leading Company Because of Windows Phone

A video teaser was played and long lines of employees formed inside Microsoft headquarters to get a look at the product, which is said to have a code name of Centaurus. But despite "having made one of the greatest mistakes of all time", Gates said Microsoft is still "very strong". "We are a leading company ". Microsoft rebooted its mobile efforts with Windows Phone back in 2010, but it was already too late to catch up.

Author: 0 Trump imposes fresh sanctions on Iran after shoot-down of Navy drone

The US is waging cyberwar on Iran, attacking the regime's military computers to block the Iranian Revolutionary Guard Corps (IRGC) from firing missiles like the one that recently destroyed a US drone . The drone shoot-down was only the latest flare-up in the region tied to Iran. Responding to the report on Monday, Oman's Foreign Ministry tweeted that rumors of them conveying a message from Trump were untrue, and urged all sides to show " restraint ".

Money FedEx admits another Huawei error
Author: 0 FedEx admits another Huawei error

But Huawei isn't banking on those discussions to completely smooth out the trade war. Recently, there was a report that FedEx has refused to send a Huawei smartphone to the U.S. He requested the phone from a United Kingdom -based co-worker, who shipped it out using FedEx. The frustrating thing about this is that there isn't any clear objective to it.

Money Air Canada passenger 'wakes up alone on dark, locked plane'
Author: 0 Air Canada passenger 'wakes up alone on dark, locked plane'

A spokesperson for the airline has confirmed the account to The Independent and said Air Canada is still in contact with the passenger and was reviewing the incident. Instead, she resorted to "hanging out the door reflecting the flashlight off the side of the plane". Noel-Dale called airport authorities in Toronto and told them of Adams's whereabouts.

Money Raspberry Pi 4 is now available for $35
Author: 0 Raspberry Pi 4 is now available for $35

If you would like a Raspberry Pi 4 today, then they're already available for purchase . Previous Raspberry Pi models will continue to be available since there are many clients who need platform stability, specifically devices deployed in industrial applications.

Author: 0 Woman terrified after 'waking up alone on dark plane'

A spokesman for Air Canada confirmed what had happened to Ms Adams and said they "are still reviewing this matter". Do you have an inspirational story you would like us to publish? With no way off - Adams finally caught the attention of ground staff, who were nearly as surprised to find a passenger on the parked aircraft as she was to be abandoned on it.

Money Markets Right Now: Stocks down slightly after hitting record
Author: 0 Markets Right Now: Stocks down slightly after hitting record

Buoyed by growing confidence the Fed will cut rates, and by hopes of an end to the U.S. At 8.52am. ET, Dow e-minis were up 240 points, or 0.9 per cent. The S&P 500 on Friday dipped 3.72 points, or 0.1 percent, to 2,950.46, but rose 2.2 percent from a close of 2,886.98 on June 14. US officials said the drone had not violated Iranian airspace.

Money Gold tops US$1,400 on weak United States dollar and geopolitical, economic worries
Author: 0 Gold tops US$1,400 on weak United States dollar and geopolitical, economic worries

Prices touched $1,392.84, their highest since early September 2013. Nine members on the Federal Open Market Committee wanted a cut to a funds rate around 2.1% in 2020. Gold now receives from several pages back wind. U.S. benchmark 10-year Treasury yields on Thursday dropped below 2 per cent for the first time in more than 21/2 years, while other maturities fell to multi-year lows as well, a day after the Fed flagged rate cuts as early as next month.

Money Why YouTube, under FTC probe,
Author: 0 Why YouTube, under FTC probe, "could be a lot safer" for kids

The company may move all children's content into its existing standalone youTube Kids app. The Wall Street Journal reported that YouTube was planning to migrate all children's content off the service into a separate app, YouTube Kids, to better protect younger viewers from problematic material , "a change that would be hard to implement because of the sheer volume of content on YouTube, and potentially could be costly to the company in lost advertising revenue".

Money Toys ‘R’ Us Plans To Return In The United States
Author: 0 Toys ‘R’ Us Plans To Return In The United States

New Toys "R" Us stores are opening in the USA this year according to reports. The franchise, which shuttered its US operations in 2018, is reportedly set to return with plans for six 10,000 sq. "There's more planned for 2020", the person said. After results didn't improve, they opted to shutter operations in the U.S. Units in Australia and other regions also closed, with divisions in Asia and Canada acquired by new owners.

Money Arsenic in Bottled Water Found at Walmart, Target, Whole Foods
Author: 0 Arsenic in Bottled Water Found at Walmart, Target, Whole Foods

Pepper said in a statement . Just head to a nearby shop and buy some bottled water. So far, the Food and Drug Administration has yet to recall either brand of bottled water. Initial symptoms of acute arsenic poisoning include nausea, vomiting, abdominal pain and diarrhea; they can in some cases cause nerve damage or brain damage, such as memory loss, dementia or seizure.

Money What Qantas Frequent Flyer changes really mean
Author: 0 What Qantas Frequent Flyer changes really mean

The $A25m annual investment will see carrier charges - the additional costs associated with booking flights -cut by up to 50 percent on global journeys, saving $A200 per journey on average. First class passengers see the biggest rise of 37,600 points, bringing the total to 325,000 points, but they see the same fall in charges as their business class counterparts.

Money Facebook Told the US Federal Reserve About Libra
Author: 0 Facebook Told the US Federal Reserve About Libra

Thus, French Finance Minister Bruno Le May said that the Libra token should not and can not become a sovereign currency, while the Governor of the Bank of England Mark stressed that the project must meet the "highest standards" in world regulation.

Money Apple Wants Suppliers to Mull Major Shift From China: Nikkei
Author: 0 Apple Wants Suppliers to Mull Major Shift From China: Nikkei

Lower sales due to the import tax would force Apple to reduce the size of this injection into the USA economy. Apple's request was a result of the extended Sino-US trade dispute, but a trade resolution will not lead to a change in the company's decision, Nikkei said, citing multiple sources.

Money Oil gains amid Middle East tensions, U.S.-China trade deal hopes
Author: 0 Oil gains amid Middle East tensions, U.S.-China trade deal hopes

After weeks of swelling, USA crude stocks fell by 812,000 barrels last week to 482 million, the American Petroleum Institute said on Tuesday, a smaller fall than the 1.1-million-barrel drop analysts had expected. and China, while rising tensions on Gulf following military attacks on two oil tankers last week had added to frets of further supply chain disruption .

Money Cardi B Isn't Here for Dominican Republic Slander Over Recent Tourist Deaths
Author: 0 Cardi B Isn't Here for Dominican Republic Slander Over Recent Tourist Deaths

Rycroft elaborated via a rep that she "has had major stomach issues since returning from the Dominican Republic ". Some family members of those who died said their loved ones became ill after drinking from a minibar. He said Dominican authorities take an extensive collection of samples, including testing minibars for bacteria, when someone dies in a hotel, CNN reported .

Money Asian Airlines Continue to Rank As the Best in the World
Author: 0 Asian Airlines Continue to Rank As the Best in the World

The survey operated online between September 2018 and May 2019, with 21.65 million eligible customer surveys completed, across a range of topics, resulting in the awards for airline of the year, together with regional and best airline awards.

Money US Fed holds interest rates steady, but signals cuts could come
Author: 0 US Fed holds interest rates steady, but signals cuts could come

That was not enough to change the median outlook for the Fed's targeted overnight lending rate, which officials projected to remain in a range between 2.25 percent and 2.50 percent for the rest of this year. The gap between those and the yields on 10-year notes widened by the most in 16 months. The dollar index, which measures the greenback against a basket of currencies, fell 0.54%, with the euro up 0.51% to $1.1248.

Money Fed opens door to rate cut amid growing 'uncertainties'
Author: 0 Fed opens door to rate cut amid growing 'uncertainties'

The central bank is expected to leave borrowing costs unchanged this time but could possibly lay the groundwork for a rate cut later this year. On Tuesday, stocks rose and bond yields dipped after the central bank issued its statement, likely reflecting expectations of lower rates ahead.

Money United States lawmakers are moving to stop Facebook from launching Libra
Author: 0 United States lawmakers are moving to stop Facebook from launching Libra

Apart from the concerns of the impact crypto economy on the financial stability of the country, many politicians are also pointing out Facebook's troubled past with data privacy . Switzerland's financial watchdog said it was in contact with the initiators of the Libra project but declined to comment on whether it was obtaining specific regulatory permission or status.

Money Breaking down the true and false in Trump’s Orlando campaign kickoff speech
Author: 0 Breaking down the true and false in Trump’s Orlando campaign kickoff speech

He painted a disturbing picture of what life would look like if he loses in 2020, accusing his critics of "un-American conduct" and saying Democrats "want to destroy you and they want to destroy our country as we know it". Trump has waged a long battle against the media throughout the duration of his first campaign and presidency and frequently slams mainstream news outlets such as CNN and the New York Times.

Money Markets jump as Draghi hints at more eurozone stimulus
Author: 0 Markets jump as Draghi hints at more eurozone stimulus

The ECB had launched an unprecedented stimulus program to deal with the eurozone debt crisis. Draghi's comments, which markets saw as unexpectedly dovish, sent the euro down by a quarter of a percent against the dollar while stocks erased early losses and euro zone bond yields fell further, many into record-low territory.

Money Facebook Wants New Cryptocurrency to Rival the Dollar
Author: 0 Facebook Wants New Cryptocurrency to Rival the Dollar

They claim sending Libra money is going to be as easy as sending a photo. Here's what Facebook users need to know about Facebook's digital currency. But the move raised questions about how such a new money would be regulated. Some have called for Facebook to incur penalties, or be forcibly broken up, for mishandling user data, and not preventing Russian interference in the 2016 USA presidential election through a social media disinformation campaign.