Money

Trump in unusual criticism of U.S. central bank

China has so far met USA tariffs with equal retaliatory tariffs, but with only $130 billion in US goods exported to China, it's not possible for President Xi Ji...


Microsoft Posts Monster Numbers for Quarter, Fiscal Year

But more important, "we expect strength in MSFT's Commercial Cloud business, supported by a favorable Enterprise IT spending cycle", writes Zelnick. Revenue...


Trump threatens putting tariffs on all imports from China

S&P stock-index futures declined along with the Stoxx Europe 600 gauge after Trump's comments aired. The Trump administration is threatening to impose fresh...


Trump's stunning comments about the Federal Reserve could actually backfire

Despite this, Trump said that the Fed should keep rates low so the US economy could make up lost ground to China. The Fed has raised interest rates five t...


'Ready to Go' With Tariffs on $500B of Chinese Imports

US President Donald Trump says he is ready to intensify his trade war with China by slapping tariffs on all $500bn of imports from the country. The Trum...


Trump or cheap Iranian oil? Dilemma facing fastest growing user

The problem for oil bulls is that the market remains oversupplied. Some countries such as China have rejected USA calls and Japan is seeking a waiver . The U...


Donald Trump 'not happy' with Fed interest rates

Still, President Trump voiced concern that the higher rates and a stronger dollar may put the USA at a disadvantage while Fed counterparts in the Bank of Japa...


Trump 'not happy' with Fed interest rates

The latter just yesterday completed the semiannual testimony to Congress on the economy, in which he reiterated the Fed's intention to continue to raise its k...


One-day hearing opens with harsh criticism of Trump tariff idea

The Alliance of Automobile Manufacturers, whose members include General Motors Co, Volkswagen AG and Toyota Motor Corp, warned on the impact of the tariffs. Jun...


Boris Johnson warns Theresa May she must scrap Brexit plans

It is rare for ministers to deliver such a speech in Parliament. But he warned in the 18 months since that speech, a " fog of self-doubt " has fallen over Bri...


Explainer: How the wholesale price inflation rate of 5.77% affects you

The ONS reported the biggest month-on-month drop for a May to June period in clothing prices since 2012 as retailers slashed prices for the summer sales. A re...


Jeff Bezos Becomes the Richest Man in Modern History

It's worth noting that Gates has given away such large chunks of his fortune that he would actually have around the same net worth as Bezos if he still owned ...


Singapore Airlines named world's best airline for 2018

As well as taking second place in the World's Best Airline results, Qatar Airways collected major awards for the World's Best Business Class , the Best Busine...


Elon Musk Apologizes to British Cave Diver for Calling Him a 'Pedo'

Another report from The Guardian stated that Musk has been facing a lot of scrutiny lately for his rants on Twitter and his aggressive attitude towards jo...


Walmart moves to Microsoft's cloud

Microsoft will be ensuring it all goes as smoothly as possible in a bid to extend the partnership well beyond the first five years. The partnership agreemen...


Aviation giants fly into Farnborough under Brexit cloud

The Trump administration is planning tariffs on another $200 billion in goods. "Farnborough is the first such event since Airbus and Boeing shook up the ind...


Japan, European Union to sign widespread trade deal eliminating tariffs

At a EU-Japan summit Tuesday in Tokyo, the envoys were clear that the agreement was meant to send a message about the value of trade and cooperation. The Yomi...


Papa John's Founder John Schnatter Says Resigning Was A Mistake Post-Extortion

Schnatter, who founded the pizza company in 1984, uttered the slur after he reportedly complained that Colonel Sanders of KFC never received public backlash for...


EU, Japan to sign massive trade deal as USA puts up barriers

The pact creates the world's largest open economic area amid fears that a trade war between the USA and China will diminish the role of free trade in the global...


United Kingdom parliament vote to reveal extent of anger over May's Brexit plan

Brexit secretary David Davis and Foreign Secretary Boris Johnson resigned last week over the deal, which they said is too soft. "The British public have v...


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