Black Unemployment Plummets to New Record, Lowest for Women Since 1953

President Donald Trump tweeted an hour before Friday's release that he was "looking forward to seeing" the figures, spurring market speculation that the report would be upbeat, and it was. But despite the historically low metric, wage gains were ... More..

by | Published more than a month ago
by | Monday, June 04, 2018

Crypto World Rejoices as Visa Network Crashes Across Europe and the UK

Around 9pm, Visa suggested that the outage had been fixed and that its payments network ought to be back to normal. Retailers including Marks & Spencer (Frankfurt: 534418 - news ) and Sainsbury (Amsterdam:...More..

Spain Socialist Pedro Sanchez sworn in as PM after ousting Mariano Rajoy
by | Monday, June 04, 2018

Spain Socialist Pedro Sanchez sworn in as PM after ousting Mariano Rajoy

The vote was triggered by a scandal involving Rajoy's center-right People's Party (PP), which saw former PP members handed jail sentences this month for their part in the long-running Operacion Guertel cor...More..

Italy PM starts off in shadow of deputies
by | Monday, June 04, 2018

Italy PM starts off in shadow of deputies

Luigi Di Maio and Matteo Salvini, who respectively head the 5-Star Movement and the League , are both deputy prime ministers in the new government. His nomination was a key turning point allowing the success...More..

Visa payment disruption hits Europe
by | Monday, June 04, 2018

Visa payment disruption hits Europe

QUEUES of customers across Europe - including in Britain and Ireland - yesterday and last night wishing to pay by debit card were left frustrated at the unavailability of their cards. "We have resolved a tech...More..

by | Monday, June 04, 2018

Google not to renew contract for Project Maven

It appears Google has finally conceded, as Google Cloud CEO Diane Greene announced today in a company meeting that the Project Maven contract will not be renewed after it expires in 2019. Representative...More..

Vermont to pay up to $10K to new residents who work remotely
by | Monday, June 04, 2018

Vermont to pay up to $10K to new residents who work remotely

The goal is to draw more people to Vermont whose population is under 625,000 with 15,000 fewer workers than in 2009, according to a website of the state's governor , Phil Scott. Also, that last restriction i...More..

by | Sunday, June 03, 2018

Google reportedly won’t renew its controversial military AI contract

The war within: The head of Google's cloud business, Diane Greene , reportedly told staff this week that the company would not seek a new contract after it expires. We've reached out to Google and The ...More..

Sears, Kmart announces more store closures
by | Sunday, June 03, 2018

Sears, Kmart announces more store closures

The Kmart on East Busch Boulevard and the Sears at Citrus Park Mall are closing as Sears Holdings tries to stem the bleeding from its long-running sales crisis. Same-store sales during the period dropped 13.4% ...More..

Vermont is offering remote workers $10000 to move to its state
by | Sunday, June 03, 2018

Vermont is offering remote workers $10000 to move to its state

The grant program is created to shore up the state's small and aging working population, according to Joan Goldstein, commissioner of economic development for Vermont. Sirotkin, who burdened that legislators ...More..

Crude oil eases on record USA production, OPEC supply hopes
by | Sunday, June 03, 2018

Crude oil eases on record USA production, OPEC supply hopes

US crude stockpiles fell 3.6 million barrels last week, the EIA said, exceeding expectations for a decline of 525,000 barrels. Based on last week's price action, it looks as if the spread between Brent and ...More..

Tesla Model 3 recommended by Consumer Reports after brake software fix
by | Saturday, June 02, 2018

Tesla Model 3 recommended by Consumer Reports after brake software fix

In a testament to the sophistication of Tesla's technology and the rapidly changing nature of auto fix, Tesla fixed those flaws with an over-the-air update that improved the Model 3's "braking distance by...More..

Tesla in 'Autopilot' mode crashes into parked police vehicle
by | Saturday, June 02, 2018

Tesla in 'Autopilot' mode crashes into parked police vehicle

Tuesday, says AP. The police SUV had damage to the driver's side, the photos showed. The driver suffered minor injuries, Cota said . Earlier this year , a Tesla Model S slammed into a stationary firetru...More..

VISA card payment system problems hit local shops and services in Wrexham
by | Saturday, June 02, 2018

VISA card payment system problems hit local shops and services in Wrexham

Paymentsense, who facilitate card payments, have reported that companies using their service are now struggling to take Visa card payments. "Not knowing when this is going to be sorted out is incredibly frustra...More..

Singapore Air To Launch World's Longest Flight
by | Saturday, June 02, 2018

Singapore Air To Launch World's Longest Flight

Singapore Airlines announced on Wednesday the launch of a non-stop flight between Singapore and NY, the world's longest commercial flight, in October. Singapore Airlines now has 21 A350-900s in its fleet, w...More..

Fears over Italy turmoil spread through global markets
by | Saturday, June 02, 2018

Fears over Italy turmoil spread through global markets

Investors fear that repeat elections - which now seem inevitable in the euro zone's third largest economy - may become a de facto referendum on Italian membership of the currency bloc and the country's role...More..

European Central Bank sources: No need to intervene in Italy crisis
by | Friday, June 01, 2018

European Central Bank sources: No need to intervene in Italy crisis

This means voters could head to the polls again later this year. New elections are now considered the most likely outcome of the political saga, sparked by an inconclusive poll in March. Election promises, ho...More..

USA to slap tariffs on steel, aluminium from European Union on Thursday
by | Friday, June 01, 2018

USA to slap tariffs on steel, aluminium from European Union on Thursday

The duties could be as high as those imposed on Mexico and will remain in place while the United States protectionist measures continue, the Secretariat of Economy (SE) said in a statement . The tariffs wi...More..

Amazon to block Aus shoppers from United States website
by | Friday, June 01, 2018

Amazon to block Aus shoppers from United States website

Amazon has decided that rather than try to collect Australia's Goods and Services Tax (GST), it's going to force locals to shop only at its Australian store. It may also benefit Amazon's main rivals, from Calif...More..

World's longest flight to be launched by Singapore Airlines
by | Thursday, May 31, 2018

World's longest flight to be launched by Singapore Airlines

The aircraft will be configured in a two-class layout, with 67 Business Class seats and 94 Premium Economy Class seats. However, its latest decision comes as carriers look for new sources of revenue in a comp...More..