• US President Donald Trump says his impeachment would 'crash' the economy

    US President Donald Trump says his impeachment would 'crash' the economy

    Markets

    Pointing to his head, he said: "Because without this thinking, you would see numbers that you wouldn't believe in reverse". "I don't know how you can impeach somebody who's done a great job", he added. In April, Trump denied he knew anything about the Daniels payment. He said that he would "like to build it even faster", but working with the Democrats is "very tough".
  • How major United States stock indexes fared Wednesday

    How major United States stock indexes fared Wednesday

    Markets

    Autodesk Inc ( ADSK.O ) shares leaped 15.3 percent, the greatest percentage gain among S&P 500 stocks, after the software maker's quarterly results beat estimates. US benchmark crude climbed 3.1 percent to $67.87 per barrel in NY. Shares of its industry peers PulteGroup, Lennar, and D.R. Horton also rose between 3.8 percent and 5.5 percent.
  • Mexico says deal with USA on NAFTA issues may be 'hours' away

    Mexico says deal with USA on NAFTA issues may be 'hours' away

    Markets

    The U.S. Trade Representative office is saying there is no deal yet, however, and there are still major issues to work through. The Mexican peso rose against the dollar after Guajardo's comments. "It could be that we finish everything between the USA and Mexico this week", said Seade. The two countries have still not resolved the USA demand for a sunset clause that would require NAFTA to be re-approved every five years, something both Canada or Mexico say would be unacceptable.
  • Latest leak shows the final design of Google Pixel 3 XL

    Latest leak shows the final design of Google Pixel 3 XL

    Markets

    The Pixel 3 XL is unlikely to win any awards in the design department, with that XL notch likely going to turn off many prospective buyers. However, this is set to change as the latest leak reveal every little detail about the device. Google Pixel 3 leaks just don't stop. The Google Pixel 3 XL images are finally out , and the live pictures of upcoming Google flagship have given away all the major specs.
  • Trump doesn't expect much from China trade talks this week

    Trump doesn't expect much from China trade talks this week

    Markets

    In addition, United States negotiators will continue talks with Mexico aimed at rewriting the almost 25-year-old North American Free Trade Agreement, which officials are hopeful they can conclude by year end. American businesses do not want the United States administration to escalate the trade war by going ahead with plans to slap new tariffs on $200 billion of Chinese goods and, instead, expects it to bring an end to the tit-for-tat tariffs.
  • Oil prices slip on concerns over slowing economic growth

    Oil prices slip on concerns over slowing economic growth

    Markets

    WTI oil holds within tight range on Tuesday, extending choppy and directionless mode into third straight day. In June, 19.8 million barrels, or 660,000 bpd, were loaded. In the U.S., energy companies last week kept the oil rig count unchanged, according to the Baker Hughes services firm as weaker oil prices temper the pace of United States production growth.
  • Holidaymakers and online shoppers to face higher costs under no deal Brexit

    Holidaymakers and online shoppers to face higher costs under no deal Brexit

    Markets

    Niall Dickson, of the Brexit Health Alliance, told BBC Radio 4's Today programme: "If we do not get the planning right, in our view patients' lives could be at risk". Britain will bid to become an exporting superpower after Brexit, Trade Secretary Liam Fox said on Tuesday, as he unveiled the government's future export strategy.
  • US Imposes New Sanctions on Russia Over Cyber Activities

    US Imposes New Sanctions on Russia Over Cyber Activities

    Markets

    Themes like "strategic stability, regional security", the situations in Syria and Ukraine as well as bilateral relations between Russian Federation and the United States are expected to be discussed during the meeting, Patrushev added. The two newly sanctioned people and firms join three other individuals and five businesses that were accused in June of providing material and technological support to Russia's Federal Security Service (FSB).
  • State Capture: Audio recordings of Zuma to be submitted as evidence

    State Capture: Audio recordings of Zuma to be submitted as evidence

    Markets

    Despite Ramaphosa's pledge to restore public trust in state institutions, law enforcement agencies have been criticized for being too slow to apprehend those suspected of being involved in cases of graft. A number of the party's past and serving leaders are likely to be implicated further in the state capture scandal as the party gears up for next year's elections.
  • Markets Right Now: Stocks waver; market nears bull record

    Markets Right Now: Stocks waver; market nears bull record

    Markets

    Will the record run end soon? "Bull markets are like incandescent light bulbs". "While it's long in time, it could still go on longer because, magnitude-wise, it's just not that far (along)", Pride said. economy, in a move that has boosted stocks. "Investors need to be cognisant that we're now in the late stage of the economic cycle". The U.S. government has less firepower in a downturn after already cutting taxes significantly, CFRA's Stovall said.
  • Trump 'Not Thrilled' with Fed Chairman Powell Over Rate Hikes

    Trump 'Not Thrilled' with Fed Chairman Powell Over Rate Hikes

    Markets

    He said during an interview Monday that other countries get help from their central banks during trade disputes with the U.S. "Am I happy with my choice?" "But I think you have to respect the independence of the Fed ". This isn't the first time Trump has taken exception to the Fed's gradual interest-rate hikes. So, for investors who wish to decide whether to take a position in the yellow metal in the wake of declining prices, the ongoing US Federal Reserve will be of paramount ...
  • 'Crazy Rich Asians' author wanted in Singapore over national service

    'Crazy Rich Asians' author wanted in Singapore over national service

    Markets

    Kevin Kwan , who has lived in the USA since he was 11 but is still a Singapore citizen, faces up to three years in jail and a hefty fine if convicted, the city-state's defence ministry said. Speaking on breakfast show Today, she said: "I thought he was the assistant director (AD) because when I landed in Singapore, I was in a hotel room, I was very jet lagged and I heard a knock on my door".
  • Trump slams Cohen, lauds Manafort after twin legal blows

    Trump slams Cohen, lauds Manafort after twin legal blows

    Markets

    Mueller has been the target of Trump's anger since last May, when he was chosen to oversee a probe into whether the president's campaign colluded with Russian officials to influence the 2016 presidential election. U.S. President Donald Trump , in tweets about the stunning legal setbacks involving two of his former lieutenants, on Wednesday attacked the one who has turned on him and defended the one who has remained loyal.
  • Trump ‘not thrilled’ with Fed chairman over interest rate hikes

    Trump ‘not thrilled’ with Fed chairman over interest rate hikes

    Markets

    Trump has departed from this past practice and said he would not shy from future criticism should the Fed keep lifting rates. "Presidents have always made comments on how they think economic policy should be made, and I've not heard any effort by the president to try to interfere", said Senate Banking Committee Chairman Mike Crapo (R-Idaho).
  • United Kingdom to Call for More Sanctions on Russian Federation

    United Kingdom to Call for More Sanctions on Russian Federation

    Markets

    I would consider it if they do something that would be good for us. "The only thing that makes sense is signaling and letting Putin and his crew know he's still trying to be helpful". Microsoft said a group tied to the Russian government created fake websites that appeared to spoof two American conservative organisations: the Hudson Institute and the International Republican Institute.
  • Trump's Fed attack sees dollar dive and stocks struggle

    Markets

    Despite Trump's expressed desire for lower interest rates, the president has so far appointed members of the Fed's Board of Governors that appear to be in line with Powell's thinking on the need for hikes. Past presidents from both parties have sought to insulate the central bank from political pressure, anxious it could taint the Fed's decision-making and erode its credibility with the public.
  • Plane blows tires at New Jersey airport, prepares for crash landing

    Plane blows tires at New Jersey airport, prepares for crash landing

    Markets

    A private Gulfstream jet carrying Post Malone and 15 others had two tires blow out on takeoff, TMZ reports . After his performance at the VMAs last night, the next stop on Post Malone's tour is in Reading, England on August 24. The flight was diverted so it can burn off more fuel for a safer possible crash landing, a source told TMZ. He boarded the plane to head to London on Tuesday morning.
  • Why you shouldn't flush away old contact lenses

    Markets

    Every day, these plastic lenses are tossed away by consumers in various ways, perhaps without much thought to their ultimate environmental fate. Researchers from Arizona State University conducted a study that delved into the proper disposal of contact lenses , and as it turns out, users aren't very good at dealing with lenses once they're done using them.
  • PepsiCo puts fizz into healthy drinks with $3.2 billion SodaStream deal

    PepsiCo puts fizz into healthy drinks with $3.2 billion SodaStream deal

    Markets

    Speculation about Pepsi or Coca-Cola buying SodaStream has bubbled for years. "That focus is well-aligned with Performance with objective, our philosophy of making more nutritious products while limiting our environmental footprint". PepsiCo said SodaStream complements its water business, which includes Aquafina and smaller brands Bubly and Lifewtr. PepsiCo said the move is also meant to boost sustainability because consumers fill reusable bottles.
  • Tesla boss Elon Musk says stress and workload taking heavy toll

    Tesla boss Elon Musk says stress and workload taking heavy toll

    Markets

    With Musk's company burning through $1 billion in cash per quarter, he still must show he can make his popular cars at a profit. Now he's done a huge and very odd interview with The New York Times in which he admits that the past year has " not been great " and that the intense stresses around Tesla and his public image have been taking a toll on his physical and mental health.