Here's Why Trump Is Hiking Chinese Tariffs To 25%

Trade Representative announced Wednesday it was considering raising import duties on $200 billion of Chinese goods by 25 percent instead of the previously planned 10 percent. In 2017 the United States had a $376 billion trade deficit with China, whic... More..

by | Published 13 days ago
How the Bank of England’s interest rate rise affects you
by | Friday, August 03, 2018

How the Bank of England’s interest rate rise affects you

If interest rates are 1% or more by the time the economy sails into stormier seas, policymakers will at least be able to cut rates a couple of times before cranking up the printing presses for more QE. Bank dep...More..

Apple Becomes First Company to Reach $1 Trillion Worth
by | Friday, August 03, 2018

Apple Becomes First Company to Reach $1 Trillion Worth

Cook's hiring may have been one of the best things Jobs did for Apple . Its stock surged to its biggest gain in a year and a half today, soaring above the $207.04 value required for Apple to become a trill...More..

Ohioans get 3-day break from state sales tax for some items
by | Friday, August 03, 2018

Ohioans get 3-day break from state sales tax for some items

In 2017 shoppers saved 5 percent during the Back-to-School Sales Tax Holiday . The Wisconsin Department of Revenue said the state has a budget surplus because of a strong economy, good fiscal management, and...More..

Hundreds Reportedly Get Sick At Ohio Chipotle, Restaurant Closes
by | Thursday, August 02, 2018

Hundreds Reportedly Get Sick At Ohio Chipotle, Restaurant Closes

Diversified Restaurant is trading at a lower price-to-earnings ratio than Chipotle Mexican Grill , indicating that it is now the more affordable of the two stocks. The illnesses haven't been officially linked ...More..

by | Thursday, August 02, 2018

Donald Trump mulls imposing 25% tariffs on Chinese goods

The blackmailing and pressure by the U.S. will never work on China if the USA take measures to further escalate the situation we will surely take countermeasures to firmly uphold our legitimate rights and inter...More..

Apple Just Broke $1 Trillion Barrier
by | Thursday, August 02, 2018

Apple Just Broke $1 Trillion Barrier

The world's most valuable company has also goosed its stock price through buybacks. The race to a $1 trillion market cap - symbolic as it is - has been closely watched on Wall Street. Last year, sales had ris...More..

Apple hits $1 trillion stock market valuation
by | Thursday, August 02, 2018

Apple hits $1 trillion stock market valuation

PetroChina once had a $1 trillion valuation, but only briefly, and most of its shares were owned by the Chinese government. A company's market value is calculated by multiplying its current share price by the ...More..

Parasite risk in salads and wraps sold at Kroger, Walgreens, Trader Joe's
by | Thursday, August 02, 2018

Parasite risk in salads and wraps sold at Kroger, Walgreens, Trader Joe's

They are being recalled amid fears of Cyclospora contamination from chopped romaine sold to Caito Foods from their lettuce supplier, Fresh Express. The affected items were produced between July 15 to 18, an...More..

'Bad manners': Musk's apology to analysts sends Tesla shares soaring
by | Thursday, August 02, 2018

'Bad manners': Musk's apology to analysts sends Tesla shares soaring

Driving the shares higher was a sharp reduction in operating cash-flow losses: from almost $400 million in the first quarter down to just $130 million in the second. With low cash reserves, investors have anx...More..

Turkey threatens retaliation against U.S. after sanctions
by | Thursday, August 02, 2018

Turkey threatens retaliation against U.S. after sanctions

Sanctions imposed on Turkish ministers can not be related with either state credibility or justice, the statement said, urging that this decision will deliver major damages on constructive efforts for the re...More..

No, McDonald's Isn't Launching a Cryptocurrency, Despite What It Appears
by | Wednesday, August 01, 2018

No, McDonald's Isn't Launching a Cryptocurrency, Despite What It Appears

The Big Mac turns 50 this year. More than 6.2 million MacCoins will be distributed here and in more than 50 countries while supplies last. McDonald's has been an influential global force over the years,...More..

Apple beats earnings expectations with $53.3B in revenue, stock up 3%
by | Wednesday, August 01, 2018

Apple beats earnings expectations with $53.3B in revenue, stock up 3%

Shares rose almost 3 percent in after-hours trading, from a $190.29 per share close - edging the company closer to its pursuit of a $1 trillion market value. Chief Executive Tim Cook credited "wearables", a c...More..

Harley-Davidson unveils new range of electric motorbikes and an electric bicycle
by | Tuesday, July 31, 2018

Harley-Davidson unveils new range of electric motorbikes and an electric bicycle

The Wisconsin-based company said it is launching by 2020 a new platform of 500 cc to 1250 cc middleweight bikes and an even smaller bike for emerging markets in Asia. In a slideshow released by the company, i...More..

Mnuchin insists agriculture was part of US-EU trade talks
by | Monday, July 30, 2018

Mnuchin insists agriculture was part of US-EU trade talks

The Trump administration has imposed tariffs on $34 billion in Chinese goods in a dispute over Beijing's high-tech industrial policies. Later in a tweet, he said "EU representatives told me that ... Heck li...More..

Why the SEC thinks Bitcoin still isn't ready for the big time
by | Monday, July 30, 2018

Why the SEC thinks Bitcoin still isn't ready for the big time

Where a listing exchange fails to establish that other means to prevent fraudulent and manipulative acts and practices will be sufficient, the listing exchange must enter into a surveillance-sharing agreement...More..

Facebook and Mark Zuckerberg sued after stock crash
by | Monday, July 30, 2018

Facebook and Mark Zuckerberg sued after stock crash

Investors filed at least two proposed securities fraud class actions against Facebook in NY federal court Friday, accusing the company and its top brass of misleading shareholders in the months leading up to ...More..

Pres. Trump, European Union leaders announce path forward on trade
by | Monday, July 30, 2018

Pres. Trump, European Union leaders announce path forward on trade

Trump said. In addition, the European Union has made a commitment to buy USA soybeans and natural gas, though how the European Union could deliver that pledge remained unclear. Trump also won a commitment t...More..

Amazon's Q2 profit exceeds estimate at 2.5 bln United States dollars
by | Monday, July 30, 2018

Amazon's Q2 profit exceeds estimate at 2.5 bln United States dollars

While founder Jeff Bezos is the face of the company, the number of talented people under him has to be extremely large, well trained and motivated. Net income increased to $2.5 billion in the second quarter...More..

In Japan, died the oldest inhabitant of the planet
by | Sunday, July 29, 2018

In Japan, died the oldest inhabitant of the planet

Guinness officially declared Miyako the world's oldest person in April, after the death of fellow Japanese citizen Nabi Tajima , who also was 117. July 22, in Japan on 117 year of life died oldest inhabita...More..