Money

Money Volkswagen Reveals ID.3, An All-electric Production Vehicle, At Frankfurt
Author: 0 Volkswagen Reveals ID.3, An All-electric Production Vehicle, At Frankfurt

Features on the ID.3 First include a navigation system, DAB+ digital radio, heated seats and steering wheel and mode 2 charging cable along with 18-inch alloys. For the first generation of buyers, Volkswagen is offering free charging for a year at WeCharge network stations throughout Europe. The batteries themselves are integrated into the underbody for optimum driving dynamics and weight between the front axle and rear axle.

Money USA to preserve economic expansion
Author: 0 USA to preserve economic expansion

The chairman's comments - the last before Fed officials meet at their next meeting in Washington on September 17-18 - was widely seen as a signal that policymakers are likely to cut again. Powell said he's unclear how the current regulatory system will be able to protect the public from all the risks that come from cryptocurrency. "Where did I find this guy Jerome", the president said via Twitter .

Money Donald Trump's tweets swing the market - the 'Volfefe' index proves it
Author: 0 Donald Trump's tweets swing the market - the 'Volfefe' index proves it

JPMorgan Chase announced on Sunday its creation of the so-called " Volfefe Index " to measure how President Donald Trump's tweets impact rates volatility. The number of his posts that affect the markets in recent months has increased significantly. Trump's most market-moving tweets dwell on trade, and, to a lesser extent, monetary policy - with the words "China", "billion", "products", "dollars", "tariffs" and "trade" making the top list, the JP Morgan analysts found.

Money Talks to resume but don't expect a deal, China warns
Author: 0 Talks to resume but don't expect a deal, China warns

Shanghai's Yangshan container port. News of resumed talks has come as a relief, but Beijing mouthpieces have played down expectations. Stocks are sharply up, with the Dow ( INDU ) trading more than 300 points higher, up 1.2%. But China will not withdraw the complaint it filed to the World Trade Organization (WTO) about the U.S.'s additional tariffs on Chinese products, he said .

Money Stocks tumble on tariffs, weak data
Author: 0 Stocks tumble on tariffs, weak data

Apple , which relies on China as a key part of its supply chain, fell 1.5%, while chipmakers Nvidia dropped 2% and Qualcomm slid 3.4%. The S&P 500 dropped 20.19 points, or 0.7%, to 2,906.27. The ICE U.S. Dollar Index, a measure of the U.S. currency against a basket of six major rivals, rose less than 0.1%. Businesses are more wary of investing and expanding because of uncertainty surrounding the U.S.

Money Like loss likely?: Facebook might start hiding 'Like' counts for posts
Author: 0 Like loss likely?: Facebook might start hiding 'Like' counts for posts

The objective behind hiding the like count is to prevent users from feeling anxious over how their posts are received. That means only you will be able to see your posts' like counts, just like the feature works on Instagram . Some evidence suggests that showing how many favorable responses a post gets adds a competitive dimension to social networks , and the practice has been linked to decreases in mental health.

Author: 0 US does not want to discuss Huawei with China

China announced that its trade officials will travel to Washington early next month for talks with USA counterparts, potentially restarting stalled negotiations after weeks of uncertainty and escalation. The offshore yuan advanced, while havens such as the yen and gold declined. China's central bank governor Yi Gang was also on the call. Officials have struggled to agree on when to hold talks and what to discuss since their last meeting in Shanghai in July.

Money India's services sector activity slows in August: PMI
Author: 0 India's services sector activity slows in August: PMI

Forward-looking indicators for the services survey suggest not long. New business for Japanese service providers expanded, albeit at its slowest pace in over a year, while employment growth edged down to its slowest since February last year.

Money Modi, Putin to sign 25 pacts at upcoming India-Russia annual summit
Author: 0 Modi, Putin to sign 25 pacts at upcoming India-Russia annual summit

In April 2018, when Modi visited Sochi for the informal summit, Putin, in a rare gesture, accompanied the PM to the airport before his departure. PM Modi, in his address, expressed his happiness over his visit to Vladivostok while thanking the Russian President for the invite.

Money UK PM Boris Johnson suffers another Parliament blow over Brexit
Author: 0 UK PM Boris Johnson suffers another Parliament blow over Brexit

He will again try to quell the rebellion against him and make the case for a swift and certain Brexit, a pledge upon which he has bet his job. "I don't want an election ", he shouted in the noisy, restless parliamentary chamber, "but that would be the only way to resolve this", he added.

Money Facebook rolls out face recognition, kills tagging option
Author: 0 Facebook rolls out face recognition, kills tagging option

Tag Suggestion, on the other hand used face recognition only to suggest a user to tag friends in photos. People who dismiss the notice will still have the feature switched off, as will any new users to Facebook. In addition, features like Photo Review, which lets you know when you appear in photos even if you are not tagged, as long as you have permission to see the post based on its privacy setting, will not be activated.

Money US manufacturing shrinks for 1st time in 3 years
Author: 0 US manufacturing shrinks for 1st time in 3 years

The Employment Index registered 47.4%, a decrease of 4.3 percentage points from the July reading of 51.7%. The Institute for Supply Management said its closely-watched purchasing managers index slid to 49.1 in August to a level lower than any analysts expected, according to Bloomberg .

Money Gold prices sustain momentum amid uncertain trade talks
Author: 0 Gold prices sustain momentum amid uncertain trade talks

Financial, industrial and health care stocks were among the big winners. The about-face by Macri, who had previously lifted many protectionist practices of his predecessor, Cristina Fernandez de Kirchner, came after the government failed to stem heavy investment outflows and to shore up its tumbling currency.

Money Walmart To Stop Selling Ammunition For Assault Rifles, Handguns
Author: 0 Walmart To Stop Selling Ammunition For Assault Rifles, Handguns

It will continue to sell hunting rifles and related ammunition. The company will also stop selling handguns in Alaska , that last state it has been selling those firearms. There are 49 Walmart stores in MA, including 27 Supercenters. As ABC News reported, "Four candidates - Senators Elizabeth Warren of Massachusetts, Bernie Sanders of Vermont, Cory Booker of New Jersey, as well as Julian Castro, the former mayor of San Antonio - took to Twitter to call on the retailer to change its policy ...

Money Trump Warns China Not to Delay Trade Talks
Author: 0 Trump Warns China Not to Delay Trade Talks

US officials say China is the main source of illicit fentanyl and fentanyl-related substances that are trafficked into the United States , much of it through worldwide mail. But with prices of many retail goods now likely to rise, the administration's move threatens the U.S. economy's main driver: consumer spending. China also began putting 5% and 10% tariffs on about $75 billion worth of U.S.

Money Man pulls gun at Texas Popeyes, demands chicken sandwiches
Author: 0 Man pulls gun at Texas Popeyes, demands chicken sandwiches

Popeyes launched its new crispy chicken sandwich in select stores on August 12. Barr also claimed in his suit that he was scammed out of money from an individual who posted an ad online claiming that he could get sandwiches from a location where the fast-food chain had some hidden in the back.

Money German Manufacturing Sector Remains in Contraction in August: PMI
Author: 0 German Manufacturing Sector Remains in Contraction in August: PMI

Chinese state media keep criticizing the U.S. with the weekend news report from Xinhua giving lessons on the "US' futile war", as it said. China's manufacturing activity index edged down in August amid external uncertainties, but the industrial upgrade continued apace as the country strives to shift the economy to focus on high-productivity industries.

Money The Bugatti Chiron just broke the 300-mph barrier
Author: 0 The Bugatti Chiron just broke the 300-mph barrier

There's been a good reason for Bugatti's hesitation to let the Chiron run unrestricted, namely the lack of a production tyre able to carry those speeds. Additionally unchanged is the seven-speed dual-clutch gearbox and four-wheel drive system. He's no stranger to high speeds, having also piloted the McLaren F1 on its original record run.

Money Argentina imposes currency controls to support economy
Author: 0 Argentina imposes currency controls to support economy

It does, however, restrict people from buying more than $10,000 per month, or making transfers exceeding that amount per month. Interesting in the section: Financial geography. "All of this is to preserve the economy as well as possible in this circumstance", said the source, who requested anonymity because he was not authorized to speak to the media.

Money U.S. economy slowed slightly in second quarter
Author: 0 U.S. economy slowed slightly in second quarter

In another report on Thursday, the Commerce Department said the goods trade deficit narrowed 2.5% to $72.3 billion in July as exports rebounded. Meanwhile, adding that the United States economy may not out of control yet, a chief economist at MUFG in New York, Chris Rupkey said on Thursday's ( August 29th) market closure, " The economy is still on cruise control and growing at a slow but steady pace that looks sustainable as the trade wind skies continue to darken ".

Money Wall Street extends rally, looks to close August on a strong note
Author: 0 Wall Street extends rally, looks to close August on a strong note

Stocks finished with broad gains on Wall Street Thursday, driving the Dow Jones Industrial Average more than 300 points higher. The tech-heavy Nasdaq was up 0.3 per cent at 7,996.53. "The global economy is slowing, and the question is whether trade will tip that into a global recession or whether or not it will just be a garden-variety slowdown", said Jason Katz, senior portfolio manager at UBS Wealth Management USA.

Author: 0 Hurricane Dorian: Bahamas battered by 'monster' storm

The storm's path might take it north before it makes landfall on USA territory, albeit with very little room to spare. Air Force Reserve Hurricane Hunter aircraft had measured a maximum sustained wind speed of 295 km/h at the time of landfall.

Money Twitter CEO's hacked account sends racist tweets before being secured
Author: 0 Twitter CEO's hacked account sends racist tweets before being secured

That exact thing happened to Twitter CEO Jack Dorsey this week. For about 20 minutes on Friday afternoon, Dorsey's account tweeted a series of racist and otherwise offensive tweets. The Friday incident reminded us about the incident of November 2017 in which Trump's account went offline for 11 minutes and the contractor of Twitter was the one who did that.

Money YouTube will pay $150m to end FTC privacy probe
Author: 0 YouTube will pay $150m to end FTC privacy probe

Justice Department for review. Katharina Kopp, deputy director of the Center for Digital Democracy, said Friday "a settlement amount of $150-200 million would be woefully low, considering the egregious nature of the violation, how much Google profited from violating the law and given Google's size and revenue".

Money AAA: Labor Day weekend gas prices lowest in three years
Author: 0 AAA: Labor Day weekend gas prices lowest in three years

Jetting off to your destination over the long weekend won't save you from delays, with Airlines for America revealing that 95,000 more passengers per day are at USA airports compared to this time previous year. Jarmusz says gas prices typically aren't the deciding factor whether people drive or not, but they are a bit lower this weekend. "So that's a 40 cent difference and that's a lot cheaper on a fill up".

Money Virgin Australia, Qantas and Jetstar ban MacBook laptops
Author: 0 Virgin Australia, Qantas and Jetstar ban MacBook laptops

That's why some airlines are taking it to the extreme in order to avoid disrupting their operations. Under the company's " Dangerous Goods " page, a new notification warns users that they can not fly with their MacBooks in their checked luggage any Virgin Australia flight.

Money Mega bank mergers come with mammoth issues
Author: 0 Mega bank mergers come with mammoth issues

Finance minister Nirmala Sitharaman today (30 August 2019) announced the merger of Punjab National Bank (PNB), Oriental Bank of Commerce (OBC) and United Bank to form India's second largest public sector bank with a business of Rs. To enable succession planning, she said boards will decide a system of individual development plans for all senior executive positions. The PSBs will have to appoint a Chief Risk Officer, who will be provided market-level compensation.

Money Coveney tells Raab to produce viable alternatives to backstop
Author: 0 Coveney tells Raab to produce viable alternatives to backstop

He said the opposition's efforts could in fact help lead to a no-deal Brexit as European Union counterparts would be less likely to offer a compromise if they believed Brexit could be stopped. "It can't simply be this notion that "look, we must have the backstop removed and we will solve this problem in the future negotiation" without any credible way of doing that".