Stories about Markets

Aug 08 2018

Trump claims 'better numbers than Obama,' though it's unclear what he means

It is a commemorative holiday rather than a state holiday, meaning that schools and government workplaces will stay open. Former President Obama deserves more credit ...

Aug 08 2018

Elon Musk considers taking Tesla private as stock jumps

He did not identify the would-be buyer or buyers. Musk said that he expects Tesla to eventually return to being a public company. Shares in Tesla were up sharply follow...

Aug 08 2018

Facebook asks big banks to share customer details

Facebook has pitched the idea to JPMorgan Chase , Wells Fargo , Citigroup , and US Bancorp, per the report . Facebook said the data would not be shared with market...

Aug 08 2018

Facebook denies seeking users' bank data

Over the past year, Facebook has reached out to some of America's largest banks to request "detailed financial information about their customers, including card transacti...

Aug 08 2018

Facebook's Plan to Partner With Banks Raises Privacy Concerns

Reports now claim the platform wants to gain access to its users" financial information to "boost engagement.' . Facebook wants banks to share your financial data to e...

Aug 08 2018

Facebook asks USA banks to share customer details

The social media titan has reportedly put forward a proposed feature that would allow users to see their own checking-account balances through the platform, as well as ...

Aug 08 2018

Facebook denies report that it’s coming for your financial data

The banks Facebook reportedly approached in the a year ago include JPMorgan Chase , Wells Fargo & Co., Citigroup , and U.S. Bancorp. Facebook is reportedly in the mar...

Aug 07 2018

NASCAR CEO arrested for DUI, oxycodone possession

Upon the traffic stop, according to the release, police determined that France was operating the vehicle in an intoxicated condition. France was searched and police found...

Aug 06 2018

Conor McGregor to Fight Khabib Nurmagomedov at UFC 229 in October

After naming major fights for the upcoming months, UFC 229 was curiously omitted, which led to speculation that a McGregor-Nurmagomedov fight would be announcd. Well it...

Aug 05 2018

Oil: OPEC Production Climbs As Saudi Arabia Pumps More

US crude oil production for the month of May stood at 10.442 million bpd, compared to 10.472 million bpd in April. The price for Brent crude oil, the global benchmark, ...

Aug 05 2018

Mediation call as Dublin-based Ryanair pilots stage fourth strike

Spanish pilots union Sepla has stated that it is suing strike-hit Ryanair in Spain's High Court over its pilot contracts. Trade union Forsa, of which the Irish Air ...

Aug 05 2018

India's central bank raises key lending rate to 6.5 percent

In fact, some mortgage holders can expect to pay up to £264 more. The market is expecting this rate to come in around 1.5%. How will it affect mortgages? What doe...

Aug 05 2018

US employers add 157,000 jobs, jobless rate slips to 3.9 percent

USA employers slowed their hiring in July, adding 157,000 jobs, a solid gain but below the healthy pace they maintained in the first half of this year. Manufacturers, amo...

Aug 05 2018

Iran receives more airplanes ahead of renewed US sanctions

President Donald Trump of the United States of America had also informed that he is willing to meet with Rouhani over Tehran's oil ban without preconditions. Washingt...

Aug 05 2018

Apple CEO calls $1 trillion value a 'milestone' but not a focus

Chinese oil company PetroChina reached a $1 trillion valuation in 2007 before seeing its value drop to around $260 billion during the global financial crisis of 2008. A...

Aug 05 2018

Record heatwave forecast in Spain, Portugal - 50 degrees

Friday is expected to be one of the hottest days of the year, with temperatures reaching as high as 35ºC in the South. In neighboring Finland, a supermarket came up wit...

Aug 05 2018

Just In: Foodora Quits Australia

Foodora only had an estimated 5.3% share of the online food delivery market, behind rivals Deliveroo and Uber Eats , so it won't make a whole lot of difference. Mr Kl...

Aug 04 2018

Apple becomes first US company to hit $1 Trillion value

It is selling fewer iPhones, but by releasing a more expensive version past year, it is making more money per device. "If Apple trades at 20 times earnings that would...

Aug 04 2018

Vietnam posts $3.1-billion trade surplus in Jan-July

Markets were however steady on Tuesday, given a boost by hopes for new negotiations. The Chinese government did not specify what types of American products would be aff...

Aug 04 2018

Turkey demands USA reverse sanctions over pastor Andrew Brunson

Pompeo told reporters on the sidelines of an Asian security forum in Singapore that the two countries would continue to work with each other in the framework of the alli...