Money

China threatens new tariffs on $60 billion worth of US goods

The two countries have already imposed about $ 34 billion worth of tariffs on each other. China announced a $ 60 billion list of USA goods on Friday inclu...


Apple at $1 Trillion: By 2019, Apple May Be Worth $1.4 Trillion

Mario Ritter adapted this story from VOA News and wire reports. Amazon's in second place, with a market cap of $884.86 billion, and good ol' Google (well,...


Molson Coors partnering with Quebec pot producer Hydropothecary to develop cannabis beverages

Marijuana products like toffees and drinks are expected to be legalized by 2019. Molson Coors's move into the cannabis sector comes after rival Constellati...


Apple becomes world's first trillion dollar company

It was Apple's best two-day run since April 2014. Apple Chief Executive Tim Cook has a trillion reasons to smile. While we have much to be proud of in t...


Turkey 'will retaliate' over U.S. sanctions as crisis grows

After reports that the USA would sanction individuals over the case, the lira hit a record low of 5.01 against the dollar, before rallying slightly to 4.9. Gule...


White House ups ante, looks at 25% tax on Chinese goods

Even if the U.S. tries to buy fewer goods from China through imposing tariffs on Chinese goods, it still has to buy these goods from other countries, he said. A...


Manufacturing sector output eases in July: PMI

Elsewhere in the region, Vietnam recorded a "significant increase" to its PMI, which rose to 54.9. The gauge of factory activity is the first major reading of...


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

The milestone reached Thursday marks the latest triumph of a trend-setting company that two mavericks named Steve started in a Silicon Valley garage 42 years ag...


Trump threatens to increase tariffs on China; China calls it ‘blackmail’

Beijing immediately imposed retaliatory levies in the same amount on United States imports. President Donald Trump is weighing the idea of increasing from 1...


Bond yields drop as Bank of Japan remains dovish

By the close, the Dow Jones Industrial Average . DJI rose 108.36 points, or 0.43 percent, to 25,415.19, the S&P 500 . SPX gained 13.69 points, or 0.49 perce...


Google reportedly planning comeback in China with censored search engine

The new app, which has already been demonstrated to the Chinese government and is pending approval, was designed in California, with the help from other worldwi...


Apple’s Market Cap Hits $1 Trillion

Apple's stock market value is greater than the combined capitalisation of Exxon Mobil (XOM.N), Procter & Gamble (PG.N) and AT&T (T.N). It now accounts for 4 pe...


Oil posts biggest monthly loss since 2016 as OPEC boosts output

Oil slipped below $74 a barrel on Wednesday, pressured by an industry report that US stockpiles of crude rose unexpectedly and by higher OPEC production, a...


Pregnant woman served cleaning solution with McDonald's latte

Douglas says she returned to the restaurant and learned two cleaning lines were hooked up to the latte machine. Douglas, who is eight months pregnant with her...


Chipotle slumps 8 percent after Ohio outlet linked to food poisoning complaints

At least 140 people said they had fallen sick after eating at a Chipotle Mexican Grill Inc ( CMG .N) restaurant in OH, sending shares of the burrito cha...


Tax-Free Weekend Approaching For Back-To-School Shoppers

That's because shoppers went shopping over the weekend in droves. Some clothing , school supplies , and instructional materials will be exempt from sales an...


Monetary Policy: RBI Hikes Interest Rates Again; Loans To Get Costlier

The August Inflation Report shows forecasted growth for the third-quarter 2018 has been upgraded to 1.5% from 1.4%, while third-quarter 2018 growth forecast...


Apple hits $1-trillion stock market valuation

Apple Inc. on Thursday became the first US company to surpass $1 trillion in market value, underscoring the iPhone maker's explosive growth and its role in th...


Trump could raise tariffs further on Chinese goods

While the conflict nominally centers around the U.S.'s $375 billion annual goods trade deficit with China , it has morphed into a chapter in the nations' broad...


Is Google Planning a Censored Search Engine for China?

China's so-called Great Firewall now blocks access to Google's search engine for most internet users, and the move reportedly in the works would mark a large...


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